(MINC) NEWFLEET MULTI-SECTOR INCOME ETF
NAV as of 9/23/2020
$48.75
1 Day NAV Change as of 9/23/2020
$-0.02
MINC
Overview
The AdvisorShares Newfleet Multi-Sector Income ETF (NYSE Arca: MINC) seeks to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value (“NAV”) due to changes in interest rates. MINC is managed by Newfleet Asset Management (“Portfolio Manager”), an investment subsidiary of Virtus Investment Partners. Newfleet believes that active fixed income sector rotation and quality security selection, combined with disciplined risk management, offers the best potential to achieve the Fund’s investment objective of providing a high level of total return, including a competitive level of current income in the fixed income market.
| Symbol | Exchange | Inception Date | CUSIP | Indicative Value |
|---|---|---|---|---|
| MINC | NYSE Arca | 3/19/2013 | 00768Y727 | MINC.IV |
<strong>Why Invest in MINC?</strong>
- For Portfolio Diversification – Spreading your investment risk among bonds in all the material bond sectors, including bonds with different maturities and credit qualities can help diversify an overall portfolio.
- For a Value-Oriented Approach to Fixed Income Investing – The portfolio manager believes that active bond sector rotation and quality security selection, combined with disciplined risk management, is the most effective means of achieving total returns in the fixed income market.
- For Simplified Bond Investing – MINC is designed for any investor seeking one bond fund that includes all the major bond sectors.
<strong>Key Attributes</strong>
- Low Duration – MINC’s low average duration, targeted at between 1 and 3 years, may potentially make it less sensitive to interest rate changes than other bond ETFs with higher average durations.
- High Quality – MINC primarily invests in high quality investment-grade debt, which are securities with credit ratings within the 4 highest rating categories of nationally recognized bond rating organizations.
- Active Bond Sector Rotation – The Portfolio Manager actively seeks to strategically overweight undervalued bond sectors in an effort to add value to the portfolio.
- Risk Controls – The portfolio manager employs disciplined risk management controls with the following parameters: Below investment grade maximum: 20%; Non-U.S. maximum: 30%; Industry maximum: 25%.
- Professional Experience – The portfolio management team has over 70 years of combined investment experience. MINC is being carefully managed by seasoned investment professionals.
<strong>About the Portfolio Managers</strong>
David L. Albrycht, CFA. – President and Chief Investment Officer
David Albrycht is president and chief investment officer of Newfleet Asset Management, an investment management affiliate of Virtus Investment Partners. Prior to joining Newfleet in 2011, Mr. Albrycht was executive managing director and senior portfolio manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. He joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.
David Albrycht is president and chief investment officer of Newfleet Asset Management, an investment management affiliate of Virtus Investment Partners. Prior to joining Newfleet in 2011, Mr. Albrycht was executive managing director and senior portfolio manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. He joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.
Mr. Albrycht earned a B.A., cum laude, from Central Connecticut State University and an M.B.A., with honors, from the University of Connecticut. He holds the Chartered Financial Analyst designation.
Benjamin L. Caron, CFA, Senior Managing Director
In his current role, Mr. Caron is co-portfolio manager of, and assists in the management of, several fixed income portfolios at Newfleet Asset Management, an investment management affiliate of Virtus Investment Partners. Working with the CIO and senior portfolio manager, Mr. Caron contributes to multi-sector strategy and is responsible for strategy execution and portfolio monitoring across open-end funds, closed-end funds, ETFs, and offshore vehicles that the team manages. Prior to joining the Sub-Advisor in 2011, Mr. Caron was on the fixed income team at Goodwin Capital Advisers (the former Phoenix Investment Counsel).
Mr. Caron earned a B.A. from Syracuse University and an M.B.A. from Suffolk University. He is a CFA® (Chartered Financial Analyst®) charterholder. Mr. Caron began his career in the investment industry in 1997.
Fund
Price History
As of 9/23/2020
| NAV | $48.75 | Closing Price | $48.77 |
| Change | $-0.02 | Close Change | $1.6 |
| Shares Outstanding | 1200000 | Volume | 813 |
| 4PM Bid/Offer Midpoint | $48.77 | Premium Discount | $0.02 |
| Assets Under Management | $58505058.13 |
Premium/Discount Historical Data | NAV Historical Data
Shares are bought and sold at market price (closing price) not NAV and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times.
FUND
Performance
As of 8/31/2020
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 0.40 | 0.31 | -0.81 | 0.01 |
| 3 Months | 3.01 | 2.79 | 1.31 | 0.03 |
| YTD | 2.11 | 2.02 | 6.85 | 0.51 |
| 1 Year | 2.82 | 2.76 | 6.47 | 0.01 |
| 3 Years | 2.68 | 2.63 | 5.09 | 0.03 |
| 5 Years | 2.66 | 2.58 | 4.33 | 1.12 |
| Since Inception (3/19/2013, Annualized) | 2.36 | 2.33 | 9.46 | 0.76 |
As of 6/30/2020
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 1.45 | 1.51 | 0.63 | 0.01 |
| 3 Months | 4.66 | 7.78 | 2.90 | 0.02 |
| YTD | 0.56 | 0.75 | 6.14 | 0.49 |
| 1 Year | 2.10 | 2.28 | 8.74 | 1.47 |
| 3 Years | 2.40 | 2.41 | 5.32 | 1.68 |
| 5 Years | 2.37 | 2.40 | 4.30 | 1.12 |
| Since Inception (3/19/2013, Annualized) | 2.20 | 2.21 | 0.78 | 7.54 |
Performance data quoted represents past performance and is no guarantee of future results. All Fund data and performance data quoted is believed to be accurate, and unless otherwise stated, is sourced from the Fund administrator, the Advisor’s or Sub-Advisor’s proprietary data, and Morningstar. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.
Fund
Holdings
As of 9/23/2020
| Date | Account Symbol | Stock Ticker | Security Number | Security Description | Shares/Par (Full) | Price (Base) | Traded Market Value (Base) | Portfolio Weight % | Asset Group |
|---|---|---|---|---|---|---|---|---|---|
| 09/23/2020 | MINC | 9128286Y1 | US TREASURY N/B 1.75 6/15/2022 | 1,855,000.00 | 102.78 | 1,906,483.50 | 3.26% | TN | |
| 912828ZR4 | US TREASURY N/B 0.125 5/31/2022 | 1,110,000.00 | 99.98 | 1,109,739.84 | 1.90% | TN | |||
| 912828C57 | US TREASURY N/B 2.25 3/31/2021 | 880,000.00 | 101.10 | 889,670.91 | 1.52% | TN | |||
| 12433UAG0 | BX 2018-GW B FRN 5/15/2035 | 700,000.00 | 94.88 | 664,159.23 | 1.14% | MR | |||
| HYG | 464288513 | ISHARES IBOXX HIGH YLD CORP | 6,334.00 | 83.05 | 526,038.70 | 0.90% | MF | ||
| 61746BEC6 | MORGAN STANLEY FRN 10/24/2023 | 445,000.00 | 101.86 | 453,280.78 | 0.78% | B | |||
| 83405DAC2 | SOFI 2017-C A2B 2.63 7/25/2040 | 443,184.52 | 101.90 | 451,591.06 | 0.77% | MR | |||
| 36166PAA6 | GCAT 2019-NQM1 A1 STEP-CPN 2/25/2059 | 431,971.07 | 101.86 | 439,997.61 | 0.75% | MR | |||
| 64829HAA5 | NRZT 2016-3A A1 FRN 9/25/2056 | 399,613.18 | 108.20 | 432,397.53 | 0.74% | MR | |||
| 46625HKK5 | JPMORGAN CHASE & CO FRN 11/1/2168 | 430,000.00 | 99.33 | 427,112.55 | 0.73% | B | |||
| 52603JAA8 | LFT 2018-2A A 4.23 4/20/2027 | 390,000.00 | 102.74 | 400,694.81 | 0.69% | MR | |||
| 68376VAA2 | OPTN 2018-B A 3.91 7/8/2024 | 390,000.00 | 101.78 | 396,926.95 | 0.68% | MR | |||
| 92537GAA1 | VERUS 2019-2 A1 FRN 5/25/2059 | 383,960.03 | 102.41 | 393,220.65 | 0.67% | MR | |||
| 31418DC67 | FN MA3692 3.5 7/1/2049 | 372,327.22 | 105.33 | 392,160.56 | 0.67% | FM | |||
| 96042GAJ1 | WLAKE 2018-3A C 3.61 10/16/2023 | 380,000.00 | 101.48 | 385,622.48 | 0.66% | MR | |||
| 02529MAE9 | ACAR 2018-4 C 3.97 1/13/2025 | 358,177.51 | 101.51 | 363,573.81 | 0.62% | MR | |||
| 345397XQ1 | FORD MOTOR CREDIT CO LLC 3.2 1/15/2021 | 360,000.00 | 100.00 | 360,000.00 | 0.62% | B | |||
| 064058AD2 | BANK OF NY MELLON CORP FRN 12/20/2168 | 360,000.00 | 99.99 | 359,959.87 | 0.62% | B | |||
| 46641YAN3 | JPMMT 2014-2 AM FRN 6/25/2029 | 344,949.29 | 101.63 | 350,581.00 | 0.60% | MR | |||
| 87165BAN3 | SYNCHRONY FINANCIAL 4.375 3/19/2024 | 315,000.00 | 108.72 | 342,475.69 | 0.59% | B | |||
| 38141GWC4 | GOLDMAN SACHS GROUP INC 3 4/26/2022 | 330,000.00 | 101.48 | 334,875.76 | 0.57% | B | |||
| 86359BHJ3 | SASC 2004-4XS A3A STEP-CPN 2/25/2034 | 326,077.37 | 102.44 | 334,044.61 | 0.57% | MR | |||
| 24380RAA8 | DRMT 2019-1A A1 FRN 1/25/2059 | 329,659.76 | 101.17 | 333,532.73 | 0.57% | MR | |||
| 501890AA5 | LHOME 2019-RTL1 A1 STEP-CPN 10/25/2023 | 315,000.00 | 101.78 | 320,608.13 | 0.55% | MR | |||
| 88161NAB5 | TESLA 2018-B B 4.12 10/20/2021 | 310,000.00 | 102.31 | 317,147.76 | 0.54% | MR | |||
| 32059TAE9 | FIAOT 2019-1A C 3.26 3/17/2025 | 305,000.00 | 103.78 | 316,523.27 | 0.54% | MR | |||
| 92536PAA2 | VERUS 2020-1 A1 STEP-CPN 1/25/2060 | 303,366.64 | 102.23 | 310,140.82 | 0.53% | MR | |||
| 90352VAB2 | USAUT 2019-1A B 3.99 12/15/2022 | 305,000.00 | 101.26 | 308,842.88 | 0.53% | MR | |||
| 12648HAK1 | CSMC 2014-IVR2 A2 FRN 4/25/2044 | 291,679.25 | 105.57 | 307,917.62 | 0.53% | MR | |||
| 36416UAG0 | GFMT 2017-1 A21 FRN 7/25/2056 | 297,678.81 | 103.10 | 306,894.11 | 0.53% | MR | |||
| 61746BDQ6 | MORGAN STANLEY 3.875 4/29/2024 | 275,000.00 | 110.77 | 304,612.79 | 0.52% | B | |||
| 36418HAA0 | GFMT 2020-H1 A1 FRN 1/25/2060 | 297,420.27 | 102.17 | 303,866.73 | 0.52% | MR | |||
| 05369AAC5 | AVIATION CAPITAL GROUP 3.875 5/1/2023 | 306,000.00 | 99.13 | 303,338.93 | 0.52% | B | |||
| 12592BAJ3 | CNH INDUSTRIAL CAP LLC 4.2 1/15/2024 | 280,000.00 | 107.55 | 301,132.44 | 0.52% | B | |||
| 64829LAA6 | NRZT 2016-4A A1 FRN 11/25/2056 | 276,336.52 | 108.05 | 298,591.86 | 0.51% | MR | |||
| 03066HAG2 | AMCAR 2018-1 D 3.82 3/18/2024 | 285,000.00 | 104.10 | 296,687.37 | 0.51% | MR | |||
| 258258AA0 | DORIC NIMROD AIR 2012-1A 5.125 11/30/2022 | 331,043.31 | 89.34 | 295,762.86 | 0.51% | FB | |||
| 06051GGJ2 | BANK OF AMERICA CORP FRN 4/24/2023 | 285,000.00 | 101.02 | 287,900.11 | 0.49% | B | |||
| 22535AAA3 | CAALT 2019-1A A 3.33 2/15/2028 | 280,000.00 | 102.51 | 287,035.17 | 0.49% | MR | |||
| 65341KAX4 | NFMOT 2017-2A A2 2.56 10/17/2022 | 283,000.00 | 100.10 | 283,282.04 | 0.49% | MR | |||
| 27035BAB3 | EARN 2017-A A2 2.65 1/25/2041 | 277,361.60 | 101.40 | 281,245.11 | 0.48% | MR | |||
| BL3246792 00001 | CALPINE CORPORAT 01/15/24 Term Loan | 278,881.61 | 98.71 | 275,293.80 | 0.47% | TL | |||
| 9128286B1 | US TREASURY N/B 2.625 2/15/2029 | 235,000.00 | 116.93 | 274,775.59 | 0.47% | TN | |||
| 89171VAB3 | TPMT 2015-5 A2 FRN 5/25/2055 | 250,000.00 | 104.33 | 260,828.05 | 0.45% | MR | |||
| 07331YAA8 | BOMFT 2017-SPL4 A FRN 1/28/2055 | 255,241.39 | 102.19 | 260,826.27 | 0.45% | MR | |||
| 45580KAJ7 | IND & COMM BK CHINA/NY 2.957 11/8/2022 | 250,000.00 | 104.02 | 260,047.27 | 0.45% | FB | |||
| 80282KAW6 | SANTANDER HOLDINGS USA 3.5 6/7/2024 | 240,000.00 | 107.63 | 258,320.90 | 0.44% | B | |||
| 68268XAC5 | ODART 2018-1A C 3.85 10/14/2025 | 250,000.00 | 102.69 | 256,737.05 | 0.44% | MR | |||
| 35634BAB1 | FREED 2018-2 B 4.61 10/20/2025 | 250,000.00 | 100.35 | 250,884.63 | 0.43% | MR | |||
| 92840VAD4 | VISTRA OPERATIONS CO LLC 3.55 7/15/2024 | 235,000.00 | 106.57 | 250,435.98 | 0.43% | B | |||
| 36258XAB6 | GCAR 2020-1A B 2.43 11/15/2024 | 245,000.00 | 102.11 | 250,181.68 | 0.43% | MR | |||
| BL2701110 00001 | VALEANT 06/02/25 TERM LOAN | 253,000.63 | 98.79 | 249,944.38 | 0.43% | TL | |||
| 042859AA6 | ARRW 2019-1 A1 FRN 1/25/2049 | 240,810.74 | 103.36 | 248,907.42 | 0.43% | MR | |||
| 26209WAF0 | DRIVE 2019-3 C 2.9 8/15/2025 | 240,000.00 | 103.31 | 247,932.14 | 0.42% | MR | |||
| 05584AAA8 | HGVGI 2017-1A A 2.94 5/25/2029 | 244,316.02 | 100.77 | 246,197.69 | 0.42% | MR | |||
| 36255XAC7 | GCAR 2018-3A C 4.18 7/15/2024 | 235,000.00 | 104.28 | 245,050.20 | 0.42% | MR | |||
| 46644XAC6 | JPMMT 2015-5 A2 FRN 5/25/2045 | 236,077.38 | 103.46 | 244,240.53 | 0.42% | MR | |||
| 05606XAA2 | BXGNT 2015-A A 2.88 5/2/2030 | 247,536.43 | 98.03 | 242,659.70 | 0.42% | MR | |||
| 62854AAN4 | MYLAN NV 3.95 6/15/2026 | 215,000.00 | 112.64 | 242,184.40 | 0.41% | B | |||
| BL2552414 00001 | INEOS US FINANCE 04/01/24 Term Loan | 242,617.42 | 97.90 | 237,530.95 | 0.41% | TL | |||
| 05401AAF8 | AVOLON HOLDINGS FNDG LTD 3.95 7/1/2024 | 249,000.00 | 94.83 | 236,119.01 | 0.40% | FB | |||
| 02530AAE2 | ACAR 2018-3 C 3.75 10/15/2024 | 232,176.77 | 100.91 | 234,286.72 | 0.40% | MR | |||
| 466247NT6 | JPMMT 2005-A2 4A1 FRN 4/25/2035 | 238,485.02 | 98.13 | 234,014.88 | 0.40% | MR | |||
| 03237PAB9 | AXIS 2020-1A B 2.5 3/20/2026 | 230,000.00 | 101.55 | 233,555.89 | 0.40% | MR | |||
| 17322GAA7 | CMLTI 2014-A A FRN 1/25/2035 | 219,910.40 | 105.70 | 232,450.22 | 0.40% | MR | |||
| 96033WAA6 | WESTR 2018-1A A 3.38 12/20/2031 | 229,692.69 | 100.89 | 231,730.71 | 0.40% | MR | |||
| 455780BQ8 | REPUBLIC OF INDONESIA 5.875 1/15/2024 | 200,000.00 | 115.46 | 230,918.63 | 0.40% | FB | |||
| 23343JAE6 | DTAOT 2019-4A C 2.73 7/15/2025 | 220,000.00 | 102.79 | 226,143.81 | 0.39% | MR | |||
| 36258AAB6 | GCAR 2019-3A B 2.72 6/17/2024 | 220,000.00 | 102.48 | 225,462.69 | 0.39% | MR | |||
| 30167GAE0 | EART 2019-4A C 2.44 9/16/2024 | 220,000.00 | 102.19 | 224,826.76 | 0.38% | MR | |||
| 205887CA8 | CONAGRA BRANDS INC 4.3 5/1/2024 | 200,000.00 | 111.58 | 223,151.78 | 0.38% | B | |||
| 05492MAC9 | BCCFC 2019-1A B 2.64 9/20/2024 | 220,000.00 | 100.87 | 221,907.38 | 0.38% | MR | |||
| 88642MAC4 | TMCAT 2018-AA B 3.45 11/15/2024 | 221,019.29 | 100.36 | 221,825.08 | 0.38% | MR | |||
| 30161NAW1 | EXELON CORP 3.497 6/1/2022 | 212,000.00 | 104.38 | 221,281.66 | 0.38% | B | |||
| 68267DAA4 | OMFIT 2019-1A A 3.48 2/14/2031 | 215,000.00 | 102.62 | 220,638.59 | 0.38% | MR | |||
| 03237JAB3 | AXIS 2018-2A A2 3.89 7/20/2022 | 215,311.35 | 102.32 | 220,308.08 | 0.38% | MR | |||
| 96042FAF1 | WLAKE 2018-2A D 4 1/16/2024 | 215,000.00 | 102.33 | 220,017.63 | 0.38% | MR | |||
| 74727PBC4 | STATE OF QATAR 3.4 4/16/2025 | 200,000.00 | 109.59 | 219,177.00 | 0.38% | FB | |||
| 30312JAB4 | FREED 2019-2 B 3.19 11/18/2026 | 220,000.00 | 99.33 | 218,523.23 | 0.37% | MR | |||
| 714295AC6 | PERRIGO FINANCE UNLIMITD 3.9 12/15/2024 | 200,000.00 | 109.19 | 218,380.72 | 0.37% | B | |||
| 22411XAD6 | CPS 2018-D D 4.34 9/16/2024 | 210,000.00 | 103.90 | 218,183.62 | 0.37% | MR | |||
| 172967LH2 | CITIGROUP INC FRN 4/25/2022 | 215,000.00 | 101.10 | 217,365.01 | 0.37% | B | |||
| 85208NAD2 | SPRINT SPECTRUM / SPEC I 4.738 3/20/2025 | 200,000.00 | 108.56 | 217,125.00 | 0.37% | B | |||
| 23343GAE2 | DTAOT 2019-1A C 3.61 11/15/2024 | 210,000.00 | 102.62 | 215,492.51 | 0.37% | MR | |||
| 836205AR5 | REPUBLIC OF SOUTH AFRICA 5.875 9/16/2025 | 200,000.00 | 107.54 | 215,089.00 | 0.37% | FB | |||
| 33843FAE8 | FCAT 2020-1 C 2.24 1/15/2026 | 210,000.00 | 102.41 | 215,050.96 | 0.37% | MR | |||
| 12510FAC8 | CCG 2019-2 B 2.55 3/15/2027 | 210,000.00 | 102.15 | 214,522.35 | 0.37% | MR | |||
| 80282KAT3 | SANTANDER HOLDINGS USA 3.7 3/28/2022 | 205,000.00 | 103.63 | 212,434.44 | 0.36% | B | |||
| 92343VEP5 | VERIZON COMMUNICATIONS FRN 5/15/2025 | 207,000.00 | 102.53 | 212,232.41 | 0.36% | B | |||
| 12625GAC8 | CNOOC FINANCE 2013 LTD 3 5/9/2023 | 200,000.00 | 105.21 | 210,412.17 | 0.36% | FB | |||
| 303394AA8 | FSIT 2020-AA A 2.9 9/20/2024 | 210,000.00 | 100.14 | 210,289.72 | 0.36% | MR | |||
| 90945QAD3 | UACST 2019-1 D 3.47 8/12/2024 | 205,000.00 | 102.12 | 209,352.23 | 0.36% | MR | |||
| 045054AF0 | ASHTEAD CAPITAL INC 4.375 8/15/2027 | 200,000.00 | 104.50 | 209,000.00 | 0.36% | FB | |||
| 02530DAC0 | ACAR 2019-2 C 3.17 6/12/2025 | 205,000.00 | 101.82 | 208,721.32 | 0.36% | MR | |||
| 88032WAE6 | TENCENT HOLDINGS LTD 2.985 1/19/2023 | 200,000.00 | 104.25 | 208,509.10 | 0.36% | FB | |||
| 92537FAA3 | VERUS 2019-INV1 A1 FRN 12/25/2059 | 202,141.74 | 103.03 | 208,260.89 | 0.36% | MR | |||
| 14040HBK0 | CAPITAL ONE FINANCIAL CO 3.75 7/28/2026 | 190,000.00 | 109.37 | 207,805.41 | 0.36% | B | |||
| 962178AN9 | TRI POINTE GROUP / HOMES 5.875 6/15/2024 | 190,000.00 | 108.65 | 206,425.50 | 0.35% | B | |||
| 03969AAN0 | ARDAGH PKG FIN/HLDGS USA 4.125 8/15/2026 | 200,000.00 | 101.50 | 203,000.00 | 0.35% | B | |||
| 411707AB8 | HNGRY 2018-1A A2I 4.25 6/20/2048 | 200,900.00 | 101.01 | 202,931.34 | 0.35% | MR | |||
| 43789EAA4 | HOF 2019-1 A1 FRN 1/25/2059 | 198,548.80 | 101.96 | 202,444.63 | 0.35% | MR | |||
| 37187PAB7 | GPLAT 2020-1 B 2.83 7/20/2030 | 200,000.00 | 100.51 | 201,025.08 | 0.34% | MR | |||
| 05526DBR5 | BAT CAPITAL CORP 2.259 3/25/2028 | 200,000.00 | 100.47 | 200,941.72 | 0.34% | FB | |||
| 04010LAU7 | ARES CAPITAL CORP 3.5 2/10/2023 | 195,000.00 | 102.98 | 200,818.94 | 0.34% | B | |||
| 85211XAA1 | SHMLT 2019-SH1 A1 FRN 4/29/2049 | 196,255.10 | 101.29 | 198,792.68 | 0.34% | MR | |||
| BL2702969 00001 | ARAMARK SERVICES 03/28/24 Term Loan | 202,309.87 | 97.80 | 197,852.98 | 0.34% | TL | |||
| 854502AM3 | STANLEY BLACK & DECKER I 4 3/15/2060 | 190,000.00 | 103.83 | 197,284.49 | 0.34% | B | |||
| 89178AAA4 | TPHT 2019-HE1 A1 FRN 4/25/2048 | 197,705.89 | 99.66 | 197,034.74 | 0.34% | MR | |||
| 038370AC6 | AQFIT 2019-A C 4.01 7/16/2040 | 195,000.00 | 101.00 | 196,942.40 | 0.34% | MR | |||
| 36258YBL1 | GSMS 2020-GC45 AS FRN 2/13/2053 | 175,000.00 | 112.41 | 196,711.41 | 0.34% | MR | |||
| 66977WAP4 | NOVA CHEMICALS CORP 5 5/1/2025 | 200,000.00 | 98.01 | 196,021.00 | 0.34% | FB | |||
| 00969DAA8 | AJAXM 2017-B A FRN 9/25/2056 | 192,710.24 | 100.79 | 194,235.43 | 0.33% | MR | |||
| 43789AAA2 | HOF 2018-1 A1 FRN 6/25/2048 | 192,052.85 | 100.60 | 193,207.41 | 0.33% | MR | |||
| 233331AW7 | DTE ENERGY CO 2.529 10/1/2024 | 179,000.00 | 106.64 | 190,877.34 | 0.33% | B | |||
| 900123AW0 | REPUBLIC OF TURKEY 7.375 2/5/2025 | 185,000.00 | 102.72 | 190,035.70 | 0.33% | FB | |||
| 576434QC1 | MALT 2004-4 6A1 5.5 4/25/2034 | 180,925.17 | 104.18 | 188,481.33 | 0.32% | MR | |||
| 38014RAC8 | GCAR 2020-2A B 3.16 6/16/2025 | 180,000.00 | 104.59 | 188,266.50 | 0.32% | MR | |||
| 92535TAD9 | VERUS 2018-2 B1 FRN 6/1/2058 | 180,000.00 | 104.31 | 187,765.67 | 0.32% | MR | |||
| 42824CBE8 | HP ENTERPRISE CO 2.25 4/1/2023 | 180,000.00 | 103.51 | 186,311.92 | 0.32% | B | |||
| 89690EAF4 | TRMF 2017-1A A1 2.709 8/15/2047 | 185,150.49 | 100.21 | 185,548.49 | 0.32% | MR | |||
| 64829DAG1 | NRZT 2014-3A AFX3 FRN 11/25/2054 | 171,908.94 | 107.60 | 184,970.50 | 0.32% | MR | |||
| 30166EAG1 | EART 2018-4A D 4.35 9/16/2024 | 175,000.00 | 105.02 | 183,792.07 | 0.31% | MR | |||
| 30260YAA5 | FHF 2020-1A A 2.59 12/15/2023 | 182,462.01 | 100.45 | 183,290.35 | 0.31% | MR | |||
| 87342RAC8 | BELL 2016-1A A23 4.97 5/25/2046 | 169,312.50 | 108.22 | 183,231.46 | 0.31% | MR | |||
| 83085DAC9 | SKOP 2019-1A C 3.63 9/16/2024 | 180,000.00 | 101.63 | 182,932.99 | 0.31% | MR | |||
| 44106MAS1 | SERVICE PROPERTIES TRUST 4.65 3/15/2024 | 195,000.00 | 93.31 | 181,949.63 | 0.31% | B | |||
| 35040UAA9 | FFIN 2017-1A A 3.3 7/15/2033 | 177,423.24 | 101.74 | 180,518.71 | 0.31% | MR | |||
| 20268CAA6 | CBSLT 2019-AGS A1 2.54 1/25/2047 | 173,786.61 | 103.73 | 180,262.52 | 0.31% | MR | |||
| BL2385591 00001 | Cablevision Systems 3/17 Cov-Li 07/17/25 Term Loan | 184,038.13 | 97.60 | 179,628.58 | 0.31% | TL | |||
| 55400DAA9 | MVWOT 2019-2A A 2.22 10/20/2038 | 174,969.53 | 102.36 | 179,100.61 | 0.31% | MR | |||
| 65489MAB0 | NMEF 2019-A B 3.06 8/17/2026 | 175,000.00 | 102.13 | 178,722.81 | 0.31% | MR | |||
| 12597JAC6 | CPS 2020-A C 2.54 12/15/2025 | 175,000.00 | 101.99 | 178,490.06 | 0.31% | MR | |||
| 71654QCD2 | PETROLEOS MEXICANOS 4.625 9/21/2023 | 180,000.00 | 98.79 | 177,822.90 | 0.30% | FB | |||
| 48128BAG6 | JPMORGAN CHASE & CO 4.6 PERPETL 8/1/2169 | 182,000.00 | 97.38 | 177,222.50 | 0.30% | B | |||
| 38141GVX9 | GOLDMAN SACHS GROUP INC FRN 10/28/2027 | 170,000.00 | 104.21 | 177,162.32 | 0.30% | B | |||
| 55389PAA7 | MVWOT 2019-1A A 2.89 11/20/2036 | 171,783.81 | 103.07 | 177,064.50 | 0.30% | MR | |||
| 12656CAE5 | CPS 2020-B C 3.3 4/15/2026 | 170,000.00 | 103.54 | 176,025.75 | 0.30% | MR | |||
| 12563LAN7 | CLIF 2020-1A A 2.08 9/18/2045 | 175,000.00 | 100.37 | 175,652.40 | 0.30% | MR | |||
| BL2694554 00001 | BL3355403 | 175,000.00 | 100.19 | 175,328.13 | 0.30% | TL | |||
| 38141EB81 | GOLDMAN SACHS GROUP INC FRN 11/29/2023 | 170,000.00 | 103.13 | 175,317.77 | 0.30% | B | |||
| 46641YAJ2 | JPMMT 2014-2 2A2 FRN 6/25/2029 | 171,099.44 | 102.44 | 175,277.53 | 0.30% | MR | |||
| 67592LAA4 | OCTL 2020-1A A 1.71 2/20/2025 | 175,000.00 | 99.99 | 174,984.43 | 0.30% | MR | |||
| 14686XAF6 | CRVNA 2019-3A D 3.04 4/15/2025 | 170,000.00 | 102.42 | 174,114.75 | 0.30% | MR | |||
| 74937LAA4 | RCO 2019-1 A1 STEP-CPN 5/24/2024 | 172,188.61 | 100.92 | 173,774.29 | 0.30% | MR | |||
| 23343RAE8 | DTAOT 2020-2A C 3.28 3/16/2026 | 165,000.00 | 104.97 | 173,192.84 | 0.30% | MR | |||
| 02209SBB8 | ALTRIA GROUP INC 3.8 2/14/2024 | 158,000.00 | 109.42 | 172,879.36 | 0.30% | B | |||
| 55400EAA7 | MVWOT 2020-1A A 1.74 10/20/2037 | 169,387.04 | 101.34 | 171,662.30 | 0.29% | MR | |||
| 67098AAC3 | OBX 2019-INV1 A3 FRN 11/25/2048 | 163,854.15 | 104.66 | 171,490.29 | 0.29% | MR | |||
| 32057HAG2 | FIAOT 2016-2A C 2.53 7/15/2022 | 170,280.70 | 100.35 | 170,874.37 | 0.29% | MR | |||
| 40439HAC3 | HINTT 2020-A C 3.42 10/9/2039 | 170,000.00 | 100.41 | 170,698.70 | 0.29% | MR | |||
| 00086CAA8 | ACC 2020-A A 6 3/20/2023 | 162,333.11 | 102.86 | 166,968.55 | 0.29% | MR | |||
| 096630AD0 | BOARDWALK PIPELINES LP 4.95 12/15/2024 | 150,000.00 | 111.21 | 166,821.29 | 0.29% | B | |||
| 749389AA0 | RCKT 2020-1 A1 FRN 2/25/2050 | 161,380.69 | 102.62 | 165,608.38 | 0.28% | MR | |||
| 17323MAA3 | CMLTI 2015-A A1 FRN 6/25/2058 | 160,186.26 | 102.65 | 164,423.86 | 0.28% | MR | |||
| 928563AD7 | VMWARE INC 4.5 5/15/2025 | 145,000.00 | 113.37 | 164,387.23 | 0.28% | B | |||
| 76119MAA7 | RMLT 2019-1 A1 FRN 10/25/2058 | 156,417.31 | 101.55 | 158,846.94 | 0.27% | MR | |||
| 78432BAA7 | SGR 2019-3 A1 FRN 9/25/2059 | 156,051.14 | 101.37 | 158,193.82 | 0.27% | MR | |||
| 94974BFY1 | WELLS FARGO & COMPANY 4.1 6/3/2026 | 140,000.00 | 112.99 | 158,187.67 | 0.27% | B | |||
| 24703DAY7 | DELL INT LLC / EMC CORP 4 7/15/2024 | 145,000.00 | 108.92 | 157,939.26 | 0.27% | B | |||
| BL3292648 00001 | TransDigm inc 08/22/24 Term Loan | 164,938.17 | 95.68 | 157,806.24 | 0.27% | TL | |||
| 05970FAC5 | BANCO SANTANDER CHILE 2.7 1/10/2025 | 150,000.00 | 105.12 | 157,680.00 | 0.27% | FB | |||
| 11135FBB6 | BROADCOM INC 3.15 11/15/2025 | 145,000.00 | 108.39 | 157,163.94 | 0.27% | B | |||
| 68504UAB7 | ONGLT 2019-A B 3.36 4/9/2038 | 156,188.74 | 100.39 | 156,795.38 | 0.27% | MR | |||
| 30166PAE1 | EART 2018-3A C 3.71 6/15/2023 | 154,227.33 | 101.28 | 156,206.22 | 0.27% | MR | |||
| 595017AQ7 | MICROCHIP TECHNOLOGY INC 2.67 9/1/2023 | 150,000.00 | 103.63 | 155,440.97 | 0.27% | B | |||
| 038370AA0 | AQFIT 2019-A A 3.14 7/16/2040 | 152,264.81 | 101.99 | 155,297.99 | 0.27% | MR | |||
| 17326QAA1 | CMLTI 2018-RP1 A1 FRN 9/25/2064 | 146,200.27 | 105.86 | 154,767.12 | 0.27% | MR | |||
| 89614SAB5 | TAST 2018-2A B 4.76 2/15/2022 | 154,192.59 | 100.35 | 154,739.97 | 0.26% | MR | |||
| 06051GHB8 | BANK OF AMERICA CORP FRN 2/5/2026 | 153,000.00 | 100.09 | 153,130.20 | 0.26% | B | |||
| 42806DBC2 | HERTZ 2016-4A A 2.65 7/25/2022 | 150,611.59 | 100.33 | 151,102.24 | 0.26% | MR | |||
| BL2645325 00001 | ILFC (Delos Finance) 3/18 Cov-L 10/06/23 Term Loan | 153,300.00 | 98.54 | 151,057.99 | 0.26% | TL | |||
| 038779AB0 | ARBYS 2020-1A A2 3.237 7/30/2050 | 145,000.00 | 104.04 | 150,852.19 | 0.26% | MR | |||
| 629377CK6 | NRG ENERGY INC 3.75 6/15/2024 | 140,000.00 | 107.67 | 150,731.70 | 0.26% | B | |||
| 74387LAC5 | PFMT 2019-1 A2 FRN 12/25/2049 | 144,978.12 | 103.83 | 150,530.38 | 0.26% | MR | |||
| 378272AX6 | GLENCORE FUNDING LLC 1.625 9/1/2025 | 150,000.00 | 100.05 | 150,070.76 | 0.26% | FB | |||
| 04685A2P5 | ATHENE GLOBAL FUNDING 2.45 8/20/2027 | 145,000.00 | 102.63 | 148,814.30 | 0.25% | B | |||
| 33844TAE7 | FCAT 2020-3 C 1.73 9/15/2026 | 145,000.00 | 102.13 | 148,090.56 | 0.25% | MR | |||
| 20049AAE8 | COMM 2020-CBM B 3.099 2/10/2037 | 150,000.00 | 98.69 | 148,038.71 | 0.25% | MR | |||
| 32058NAJ2 | FIAOT 2017-1A D 3.6 4/17/2023 | 145,000.00 | 101.72 | 147,499.97 | 0.25% | MR | |||
| 451102BT3 | ICAHN ENTERPRISES/FIN 6.25 5/15/2026 | 140,000.00 | 104.95 | 146,935.60 | 0.25% | B | |||
| 65341KBA3 | NFMOT 2018-1A A2 3.22 2/15/2023 | 145,000.00 | 100.75 | 146,084.46 | 0.25% | MR | |||
| 55336VBR0 | MPLX LP 1.75 3/1/2026 | 146,000.00 | 99.90 | 145,852.76 | 0.25% | B | |||
| 252722AB9 | DROT 2019-1A B 3.53 2/20/2032 | 144,565.97 | 100.28 | 144,974.14 | 0.25% | MR | |||
| 233293AQ2 | DPL INC 4.35 4/15/2029 | 135,000.00 | 107.16 | 144,669.38 | 0.25% | B | |||
| 404119BR9 | HCA INC 5.375 2/1/2025 | 130,000.00 | 109.84 | 142,797.85 | 0.24% | B | |||
| 31574PAA3 | EFMT 2020-1 A1 FRN 5/25/2065 | 140,630.22 | 101.46 | 142,680.17 | 0.24% | MR | |||
| BL3183086 00001 | VIRGIN MEDIA 9/19 (USD) 01/31/28 TERM LOAN | 145,000.00 | 97.49 | 141,354.70 | 0.24% | TL | |||
| 36228FPE0 | GSR 2003-3F 1A6 6 4/25/2033 | 134,582.75 | 104.63 | 140,808.17 | 0.24% | MR | |||
| 37045VAV2 | GENERAL MOTORS CO 6.125 10/1/2025 | 120,000.00 | 117.00 | 140,395.94 | 0.24% | B | |||
| 683715AC0 | OPEN TEXT CORP 3.875 2/15/2028 | 140,000.00 | 100.06 | 140,089.25 | 0.24% | FB | |||
| 369604BQ5 | GENERAL ELECTRIC CO 5 PERPETL 6/15/2169 | 175,000.00 | 79.54 | 139,188.47 | 0.24% | B | |||
| 826525AB3 | SRFC 2020-2A B 2.32 7/20/2037 | 137,861.49 | 100.28 | 138,241.62 | 0.24% | MR | |||
| 43800KAA5 | HOF 2019-3 A1 FRN 11/25/2059 | 135,724.12 | 101.75 | 138,093.86 | 0.24% | MR | |||
| 06616PAA5 | BHG 2020-A A 2.47 9/17/2031 | 135,031.89 | 100.11 | 135,174.81 | 0.23% | MR | |||
| 52532XAC9 | LEIDOS INC 3.625 5/15/2025 | 119,000.00 | 111.30 | 132,448.19 | 0.23% | B | |||
| 92259LAB4 | VCC 2020-1 AFX FRN 2/25/2050 | 130,470.65 | 101.46 | 132,372.66 | 0.23% | MR | |||
| 07332CAA5 | BOMFT 2017-RT4 A FRN 7/28/2057 | 127,032.12 | 103.87 | 131,946.88 | 0.23% | MR | |||
| 67113AAP5 | OBX 2019-EXP3 1A8 FRN 10/25/2059 | 127,993.64 | 103.06 | 131,912.51 | 0.23% | MR | |||
| 949803AA8 | WFMBS 2004-U A1 FRN 10/25/2034 | 132,051.11 | 99.54 | 131,445.95 | 0.23% | MR | |||
| 86359A5V1 | SASC 2003-34A 6A FRN 11/25/2033 | 135,374.51 | 96.76 | 130,984.54 | 0.22% | MR | |||
| 576434J39 | MALT 2005-2 2A1 6 1/25/2035 | 119,983.70 | 107.94 | 129,516.03 | 0.22% | MR | |||
| 33938XAC9 | FLEX LTD 3.75 2/1/2026 | 116,000.00 | 109.56 | 127,089.94 | 0.22% | B | |||
| 36257NAA1 | GCAR 2019-2A A 3.06 4/17/2023 | 125,532.47 | 101.01 | 126,800.43 | 0.22% | MR | |||
| 91678WAA7 | UPST 2019-3 A 2.684 1/21/2030 | 124,543.39 | 100.88 | 125,638.85 | 0.22% | MR | |||
| 35634LAA1 | FREED 2020-3FP A 2.4 9/20/2027 | 124,186.19 | 99.70 | 123,812.97 | 0.21% | MR | |||
| 78081BAC7 | ROYALTY PHARMA PLC 1.75 9/2/2027 | 123,000.00 | 100.59 | 123,721.63 | 0.21% | FB | |||
| 95000U2R3 | WELLS FARGO & COMPANY 1.654 6/2/2024 | 120,000.00 | 102.01 | 122,412.42 | 0.21% | B | |||
| 57110AAA2 | MFT 2019-4A A 2.39 12/17/2029 | 120,966.36 | 101.01 | 122,185.22 | 0.21% | MR | |||
| 410345AN2 | HANESBRANDS INC 5.375 5/15/2025 | 115,000.00 | 105.10 | 120,859.25 | 0.21% | B | |||
| 12647JBJ0 | CSMC 2013-HYB1 A16 FRN 4/25/2043 | 117,322.80 | 102.73 | 120,525.52 | 0.21% | MR | |||
| 24381HAA9 | DRMT 2018-2A A1 FRN 4/25/2058 | 117,684.98 | 102.24 | 120,319.76 | 0.21% | MR | |||
| BL3246875 | REFINITIV US HOLDINGS IN 10/01/25 TERM LOAN | 120,000.00 | 99.46 | 119,353.20 | 0.20% | TL | |||
| 03464QAA3 | AOMT 2019-3 A1 FRN 5/25/2059 | 117,326.45 | 101.50 | 119,091.35 | 0.20% | MR | |||
| 808513BD6 | CHARLES SCHWAB CORP 5.375 PERPETL 9/1/2169 | 109,000.00 | 108.63 | 118,401.25 | 0.20% | B | |||
| 05946XPV9 | BAFC 2005-1 1A1 5.5 2/25/2035 | 112,540.65 | 103.82 | 116,845.31 | 0.20% | MR | |||
| 12530MAA3 | SORT 2020-1 A1 1.69 7/15/2060 | 115,000.00 | 101.30 | 116,490.69 | 0.20% | MR | |||
| 17324VAH7 | CMLTI 2015-PS1 A1 FRN 9/25/2042 | 112,744.30 | 103.27 | 116,432.01 | 0.20% | MR | |||
| 12597KAA7 | COLT 2020-1 A1 FRN 2/25/2050 | 114,254.34 | 101.30 | 115,735.34 | 0.20% | MR | |||
| BL2660241 | JAGUAR HOLDING CO 08/18/22 Term Loan | 115,000.00 | 99.87 | 114,847.05 | 0.20% | TL | |||
| 013092AF8 | ALBERTSONS COS/SAFEWAY 3.25 3/15/2026 | 115,000.00 | 99.31 | 114,209.38 | 0.20% | B | |||
| 78471WAB1 | SCLP 2018-2 A2 3.35 4/26/2027 | 112,994.32 | 100.46 | 113,511.61 | 0.19% | MR | |||
| 24380TAA4 | DRMT 2017-1A A1 FRN 12/26/2046 | 111,429.61 | 100.35 | 111,814.71 | 0.19% | MR | |||
| 50077LBA3 | KRAFT HEINZ FOODS CO 3.875 5/15/2027 | 105,000.00 | 106.23 | 111,544.49 | 0.19% | B | |||
| 042858AA8 | ARRW 2019-2 A1 FRN 4/25/2049 | 107,828.22 | 103.30 | 111,388.40 | 0.19% | MR | |||
| 949458AA1 | WLKRG 2015-AA A 2.79 6/16/2031 | 110,605.15 | 100.27 | 110,904.12 | 0.19% | MR | |||
| 88104LAE3 | TERRAFORM POWER OPERATIN 5 1/31/2028 | 100,000.00 | 110.69 | 110,687.50 | 0.19% | B | |||
| 57109HAA0 | MFT 2019-2A A 3.13 7/16/2029 | 108,068.82 | 101.12 | 109,281.05 | 0.19% | MR | |||
| 64828YAR2 | NRZT 2014-2A A3 FRN 5/25/2054 | 99,401.42 | 108.64 | 107,989.76 | 0.18% | MR | |||
| 152314LE8 | CXHE 2004-D AF5 STEP-CPN 9/25/2034 | 105,036.62 | 101.90 | 107,028.39 | 0.18% | MR | |||
| 785592AH9 | SABINE PASS LIQUEFACTION 6.25 3/15/2022 | 100,000.00 | 106.33 | 106,334.14 | 0.18% | B | |||
| 88033GCY4 | TENET HEALTHCARE CORP 4.875 1/1/2026 | 105,000.00 | 100.97 | 106,018.50 | 0.18% | B | |||
| 86933YAA4 | SCML 2017-SBC6 A FRN 5/25/2037 | 103,711.39 | 100.43 | 104,152.47 | 0.18% | MR | |||
| 40434LAB1 | HP INC 3 6/17/2027 | 95,000.00 | 108.89 | 103,449.19 | 0.18% | B | |||
| 05351WAC7 | AVANGRID INC 3.2 4/15/2025 | 93,000.00 | 110.13 | 102,425.48 | 0.18% | B | |||
| 92537BAA2 | VERUS 2018-3 A1 FRN 10/25/2058 | 99,561.95 | 102.78 | 102,325.57 | 0.18% | MR | |||
| 89613DAA1 | TAH 2017-SFR1 A 2.716 9/17/2034 | 98,511.92 | 101.93 | 100,414.54 | 0.17% | MR | |||
| BL3112358 00001 | CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN | 108,900.00 | 92.16 | 100,358.43 | 0.17% | TL | |||
| BL2870022 00001 | NEXSTAR BROADCAS 09/21/2026 | 100,865.63 | 98.73 | 99,589.18 | 0.17% | TL | |||
| 03236TAG1 | AXIS 2018-1A A2 3.24 12/20/2023 | 98,166.89 | 100.81 | 98,961.58 | 0.17% | MR | |||
| 67576TAA7 | OCTL 2019-1A A 3.16 9/20/2023 | 99,002.18 | 99.79 | 98,792.55 | 0.17% | MR | |||
| 03463WAA1 | AOMT 2019-2 A1 FRN 3/25/2049 | 94,290.44 | 102.53 | 96,672.57 | 0.17% | MR | |||
| 02528CAC6 | ACAR 2019-1 B 3.32 4/12/2023 | 96,185.17 | 100.51 | 96,671.51 | 0.17% | MR | |||
| 916780AA7 | UPST 2019-2 A 2.897 9/20/2029 | 93,684.45 | 100.87 | 94,495.38 | 0.16% | MR | |||
| 68504TAA2 | ONGLT 2015-AA A 2.88 9/8/2027 | 93,395.47 | 100.58 | 93,936.96 | 0.16% | MR | |||
| 94981VAB3 | WFMBS 2004-K 1A2 FRN 7/25/2034 | 93,747.95 | 99.36 | 93,148.32 | 0.16% | MR | |||
| 55388PAB6 | MVWOT 2015-1A B 2.96 12/20/2032 | 93,175.11 | 99.69 | 92,886.18 | 0.16% | MR | |||
| 505742AM8 | LADDER CAP FIN LLLP/CORP 4.25 2/1/2027 | 105,000.00 | 87.38 | 91,746.90 | 0.16% | B | |||
| 744320AM4 | PRUDENTIAL FINANCIAL INC 5.625 6/15/2043 | 84,000.00 | 107.17 | 90,020.01 | 0.15% | B | |||
| BL3315480 | SCIENCE APPLICATIONS 03/12/27 Term Loan | 90,000.00 | 99.46 | 89,516.25 | 0.15% | TL | |||
| 36168QAK0 | GFL ENVIRONMENTAL INC 3.75 8/1/2025 | 90,000.00 | 99.44 | 89,493.75 | 0.15% | FB | |||
| 87264ABH7 | T-MOBILE USA INC 2.05 2/15/2028 | 85,000.00 | 102.73 | 87,317.10 | 0.15% | B | |||
| 87612BBJ0 | TARGA RESOURCES PARTNERS 5.875 4/15/2026 | 85,000.00 | 102.19 | 86,859.38 | 0.15% | B | |||
| 05565QDV7 | BP CAPITAL MARKETS PLC 4.875 PERPETL 12/22/2168 | 80,000.00 | 107.75 | 86,200.00 | 0.15% | FB | |||
| 527298BR3 | LEVEL 3 FINANCING INC 4.25 7/1/2028 | 85,000.00 | 101.33 | 86,130.50 | 0.15% | B | |||
| 85207UAF2 | SPRINT CORP 7.875 9/15/2023 | 75,000.00 | 114.66 | 85,993.13 | 0.15% | B | |||
| 31573TAC2 | EFMT 2019-2 A3 FRN 11/25/2059 | 82,369.45 | 101.99 | 84,006.92 | 0.14% | MR | |||
| 9292274D5 | WAMU 2003-AR6 A1 FRN 6/25/2033 | 81,544.94 | 100.75 | 82,157.38 | 0.14% | MR | |||
| 14366LAA0 | CNART 2019-1A A 2.72 11/15/2022 | 80,774.47 | 100.80 | 81,422.70 | 0.14% | MR | |||
| 17288XAB0 | CITADEL LP 4.875 1/15/2027 | 75,000.00 | 107.17 | 80,376.30 | 0.14% | B | |||
| 67079BAC4 | NUTRITION & BIOSCIENCES 1.832 10/15/2027 | 78,000.00 | 100.77 | 78,604.05 | 0.13% | B | |||
| 00085MAA7 | ACC 2019-1 A 3.75 5/20/2022 | 77,556.06 | 100.74 | 78,127.40 | 0.13% | MR | |||
| 635419AE4 | NATCM 2008-1 2A1 6 3/25/2038 | 75,557.44 | 102.70 | 77,600.94 | 0.13% | MR | |||
| 22534BAA2 | CAALT 2018-1A A 3.01 2/16/2027 | 77,011.19 | 100.44 | 77,351.93 | 0.13% | MR | |||
| 21054PAB1 | CLUB 2019-P2 A 2.47 10/15/2026 | 75,267.19 | 100.51 | 75,649.89 | 0.13% | MR | |||
| 918204BA5 | VF CORP 2.4 4/23/2025 | 71,000.00 | 106.44 | 75,569.20 | 0.13% | B | |||
| 097023CU7 | BOEING CO 5.04 5/1/2027 | 67,000.00 | 110.73 | 74,191.21 | 0.13% | B | |||
| 67079BAB6 | NUTRITION & BIOSCIENCES 1.23 10/1/2025 | 73,000.00 | 100.18 | 73,129.17 | 0.13% | B | |||
| 466247K51 | JPMMT 2006-A2 4A1 FRN 8/25/2034 | 68,996.59 | 102.31 | 70,589.87 | 0.12% | MR | |||
| 22541Q2D3 | CSFB 2003-AR30 5A1 FRN 1/25/2034 | 69,258.66 | 101.58 | 70,353.54 | 0.12% | MR | |||
| 36418GAU8 | GFMT 2018-2 A41 FRN 10/25/2058 | 66,871.60 | 102.64 | 68,639.07 | 0.12% | MR | |||
| 30165YAC7 | EART 2017-3A B 2.81 9/15/2022 | 67,260.84 | 100.30 | 67,463.30 | 0.12% | MR | |||
| 23342WAE8 | DTAOT 2018-1A C 3.47 12/15/2023 | 65,892.87 | 100.29 | 66,085.10 | 0.11% | MR | |||
| 45031UCG4 | ISTAR INC 4.25 8/1/2025 | 70,000.00 | 93.60 | 65,522.80 | 0.11% | B | |||
| 38061LAA7 | GLDKR 2014-A A 3.22 3/17/2031 | 63,183.87 | 100.09 | 63,241.95 | 0.11% | MR | |||
| BL3288513 00001 | CENTURYLINK INC 03/15/27 Term Loan | 64,650.06 | 96.95 | 62,678.23 | 0.11% | TL | |||
| 527298BN2 | LEVEL 3 FINANCING INC 4.625 9/15/2027 | 60,000.00 | 102.28 | 61,368.00 | 0.11% | B | |||
| BL3108760 00001 | KESTREL BIDCO INC 12/11/26 | 69,650.00 | 88.10 | 61,361.65 | 0.11% | TL | |||
| 89114QCA4 | TORONTO-DOMINION BANK 2.65 6/12/2024 | 57,000.00 | 107.26 | 61,139.68 | 0.10% | FB | |||
| BL3392828 | MILEAGE PLUS 06/21/27 TERM LOAN | 60,000.00 | 101.81 | 61,083.30 | 0.10% | TL | |||
| 30212PAS4 | EXPEDIA GROUP INC 6.25 5/1/2025 | 55,000.00 | 110.83 | 60,953.78 | 0.10% | B | |||
| 097023BG9 | BOEING CO 2.35 10/30/2021 | 60,000.00 | 101.34 | 60,805.45 | 0.10% | B | |||
| 361841AJ8 | GLP CAPITAL LP / FIN II 5.25 6/1/2025 | 55,000.00 | 109.14 | 60,029.20 | 0.10% | B | |||
| 98421MAA4 | XEROX HOLDINGS CORP 5 8/15/2025 | 60,000.00 | 97.97 | 58,782.60 | 0.10% | B | |||
| BL3291848 00001 | SS&C TECHNOLOGIES INC 04/16/25 Term Loan | 59,845.96 | 98.17 | 58,752.57 | 0.10% | TL | |||
| BL3294347 00001 | INGERSOLL-RAND SERVICES 03/01/27 Term Loan | 59,850.00 | 97.79 | 58,526.72 | 0.10% | TL | |||
| 40434LAA3 | HP INC 2.2 6/17/2025 | 53,000.00 | 105.32 | 55,820.28 | 0.10% | B | |||
| 228701AF5 | CROWNROCK LP/CROWNROCK F 5.625 10/15/2025 | 60,000.00 | 93.00 | 55,800.00 | 0.10% | B | |||
| 64829YAA8 | NRZT 2019-NQM1 A1 FRN 1/25/2049 | 54,522.59 | 102.22 | 55,731.03 | 0.10% | MR | |||
| 63938CAB4 | NAVIENT CORP 5.875 10/25/2024 | 55,000.00 | 98.75 | 54,312.50 | 0.09% | B | |||
| 42806DAH2 | HERTZ 2015-3A A 2.67 9/25/2021 | 52,027.10 | 100.42 | 52,243.27 | 0.09% | MR | |||
| 576436CN7 | MASD 2005-3 A2 STEP-CPN 11/25/2035 | 51,711.70 | 100.08 | 51,754.22 | 0.09% | MR | |||
| 92536MAC5 | VERUS 2018-INV1 A3 FRN 3/25/2058 | 49,544.63 | 100.62 | 49,852.18 | 0.09% | MR | |||
| BL3430594 | UPC 01/31/29 TERM LOAN | 50,000.00 | 98.64 | 49,321.50 | 0.08% | TL | |||
| BL3430602 | UPC 01/31/29 TERM LOAN | 50,000.00 | 98.64 | 49,321.50 | 0.08% | TL | |||
| 097023CT0 | BOEING CO 4.875 5/1/2025 | 45,000.00 | 109.14 | 49,111.24 | 0.08% | B | |||
| 03464NAA0 | AOMT 2018-3 A1 FRN 9/25/2048 | 46,831.88 | 102.49 | 47,998.07 | 0.08% | MR | |||
| BL3294107 00001 | STATION CASINOS LLC 02/08/27 TERM LOAN | 49,673.88 | 96.54 | 47,953.18 | 0.08% | TL | |||
| 82967NBE7 | SIRIUS XM RADIO INC 4.625 7/15/2024 | 45,000.00 | 102.87 | 46,290.60 | 0.08% | B | |||
| 05606VAA6 | BXGNT 2013-A A 3.01 12/4/2028 | 45,637.34 | 100.81 | 46,009.09 | 0.08% | MR | |||
| BL3392828 00001 | MILEAGE PLUS 06/21/27 TERM LOAN | 45,000.00 | 101.81 | 45,812.48 | 0.08% | TL | |||
| 443201AA6 | HOWMET AEROSPACE INC 6.875 5/1/2025 | 40,000.00 | 111.63 | 44,650.00 | 0.08% | B | |||
| 74362DAA6 | PMIT 2019-3A A 3.19 7/15/2025 | 44,222.38 | 100.50 | 44,441.48 | 0.08% | MR | |||
| 534187AU3 | LINCOLN NATIONAL CORP FRN 4/20/2067 | 60,000.00 | 70.67 | 42,404.70 | 0.07% | B | |||
| 24381FAC9 | DRMT 2017-3A A3 FRN 10/25/2047 | 37,657.25 | 101.38 | 38,175.73 | 0.07% | MR | |||
| 92536BAA3 | VERUS 2017-1A A1 FRN 1/25/2047 | 36,605.07 | 100.43 | 36,761.50 | 0.06% | MR | |||
| BL3315480 00001 | SCIENCE APPLICATIONS 03/12/27 Term Loan | 36,052.25 | 99.46 | 35,858.47 | 0.06% | TL | |||
| 94981VAY3 | WFMBS 2004-K 2A12 FRN 7/25/2034 | 34,859.38 | 99.70 | 34,755.13 | 0.06% | MR | |||
| 21052NAA0 | CLUB 2018-P2 A 3.47 10/15/2025 | 31,133.04 | 100.25 | 31,209.77 | 0.05% | MR | |||
| 92257LAB6 | VCC 2017-1 AFX FRN 5/25/2047 | 30,606.27 | 100.03 | 30,615.35 | 0.05% | MR | |||
| 83405AAA2 | SCLP 2017-1 A 3.28 1/26/2026 | 30,556.91 | 100.12 | 30,594.45 | 0.05% | MR | |||
| 20826JAB4 | CONN 2018-A B 4.65 1/15/2023 | 26,267.77 | 99.93 | 26,250.55 | 0.04% | MR | |||
| 896945AA0 | TRIPADVISOR INC 7 7/15/2025 | 25,000.00 | 104.69 | 26,171.88 | 0.04% | B | |||
| BL3428697 00001 | ASPLUNDH TREE EXPERT 09/07/27 TERM LOAN | 25,000.00 | 100.19 | 25,046.88 | 0.04% | TL | |||
| BL3089549 00001 | Genesee & Wyoming 12/26 Cov-Lit Term Loan | 24,937.50 | 98.78 | 24,633.64 | 0.04% | TL | |||
| BL2849315 00001 | COMMSCOPE INC 04/06/26 TERM LOAN | 24,812.50 | 98.79 | 24,511.65 | 0.04% | TL | |||
| 05367MAA5 | AVID 2018-1 A 2.84 8/15/2023 | 23,407.93 | 100.19 | 23,452.85 | 0.04% | MR | |||
| 538034AR0 | LIVE NATION ENTERTAINMEN 4.75 10/15/2027 | 25,000.00 | 93.34 | 23,335.88 | 0.04% | B | |||
| 78081BAB9 | ROYALTY PHARMA PLC 1.2 9/2/2025 | 23,000.00 | 99.84 | 22,962.63 | 0.04% | FB | |||
| 26885BAH3 | EQM MIDSTREAM PARTNERS L 6.5 7/1/2027 | 20,000.00 | 106.64 | 21,328.30 | 0.04% | B | |||
| 55303XAK1 | MGM GROWTH/MGM FINANCE 4.625 6/15/2025 | 20,000.00 | 101.60 | 20,320.00 | 0.03% | B | |||
| BL3290246 00001 | REYNOLDS CONSUMER PRODUC 02/04/27 TERM LOAN | 19,141.92 | 99.16 | 18,980.36 | 0.03% | TL | |||
| 22541SXJ2 | CSFB 2004-AR8 6A1 FRN 9/25/2034 | 16,776.34 | 100.64 | 16,882.98 | 0.03% | MR | |||
| 95081QAN4 | WESCO DISTRIBUTION INC 7.125 6/15/2025 | 15,000.00 | 108.01 | 16,202.03 | 0.03% | B | |||
| 26885BAF7 | EQM MIDSTREAM PARTNERS L 6 7/1/2025 | 15,000.00 | 103.20 | 15,480.00 | 0.03% | B | |||
| BL3362664 00001 | ARISTOCRAT 10/19/24 TERM LOAN | 14,962.50 | 100.17 | 14,988.24 | 0.03% | TL | |||
| BL3128180 00001 | ELANCO 08/01/27 TERM LOAN | 15,000.00 | 98.55 | 14,782.05 | 0.03% | TL | |||
| BL3111475 00001 | NCR CORP 08/28/26 Term Loan | 14,962.31 | 97.75 | 14,625.73 | 0.03% | TL | |||
| 88033GDE7 | TENET HEALTHCARE CORP 7.5 4/1/2025 | 10,000.00 | 107.36 | 10,735.85 | 0.02% | B | |||
| 48283PAE1 | KABB 2019-1 A 3.825 3/15/2024 | 5,816.20 | 99.63 | 5,794.55 | 0.01% | MR | |||
| BL3396415 00001 | GARDNER DENVER INC 03/01/27 Term Loan | 5,000.00 | 99.23 | 4,961.45 | 0.01% | TL | |||
| 07324YAC3 | BAYC 2006-2A A2 FRN 7/25/2036 | 2,368.76 | 93.85 | 2,223.03 | 0.00% | MR | |||
| BL3112358 00002 | CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN | 275.00 | 92.16 | 253.43 | 0.00% | TL | |||
| BL3362664 00002 | ARISTOCRAT 10/19/24 TERM LOAN | 37.50 | 100.16 | 37.56 | 0.00% | TL | |||
| X9USDJPMR | JP MORGAN USD GOVT MONEY MARKET INSTL | 1,805,698.29 | 1.00 | 1,805,698.29 | 3.09% | MM | |||
| CASH | (535,817.18) | 100.00 | 0.00 | -0.92% | CA |
Holdings and allocations are subject to risks and to change. A holding identified with an “MM” at the end of its name indicates it is a Money Market fund.
FUND
Characteristics
As of 8/31/2020
MINC Sector Allocation
FUND
Fixed Income Attributes
As of 8/31/2020
| Description | Amount | 6/30/2020 | |
|---|---|---|---|
| Duration | 1.99 years | ||
| Yield to Maturity | 2.30 | ||
| 30-Day SEC Subsidized Yield | 1.88% | ||
| 30-Day SEC Unsubsidized Yield | 1.77% |
Past Performance is not indicative of future results. Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates mean falling bond prices, while declining interest rates mean rising bond prices. 30–Day SEC Yield (Standardized Yield) is an annualized yield that is calculated by dividing the investment income earned by the Fund less expenses over the most recent 30-day period by the current maximum offering price. The Subsidized Yield reflects fee waivers and/or expense reimbursements recorded by the Fund during the period. Without waivers and/or reimbursements, yields would be reduced. The Unsubsidized Yield does not adjust for any fee waivers and/ or expense reimbursements in effect. If the Fund does not incur any fee waivers and/or expense reimbursements during the period, the 30-Day Subsidized Yield and 30-Day Unsubsidized Yield will be identical.
FUND
Documents
FUND
Fees & Expenses
| Management Fee | 0.50% |
| Other Expenses | 0.46% |
| Acquired Fund Fees | 0.01% |
| Gross Expense Ratio | 0.97% |
| Fee Waiver and/or Expense Reimbursement | -0.21% |
| Net Expense Ratio | 0.76% |
Effective as of March 16, 2019, the management fee paid by the Fund to AdvisorShares Investments, LLC has been reduced from 0.65% to 0.50% of the Fund’s average daily net assets. The Advisor has contractually agreed to reduce its fees and/or reimburse expenses to keep net expenses (excluding amounts payable pursuant to any plan adopted in accordance with Rule 12b-1, interest expense, taxes, brokerage commissions, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, and extraordinary expenses) from exceeding 0.75% of the Fund’s average daily net assets for at least one year from the date of the Prospectus
Last Ten
Fund Distributions
| Ex-Date | Record Date | Pay Date | Cash Div | ST Cap Gain | LT Cap Gain | Return of Capital | Total Distribution (per share) | MINC | |
|---|---|---|---|---|---|---|---|---|---|
| 12/24/2020 | 12/28/2020 | 12/31/2020 | - | - | - | - | - | FORMULA | |
| 11/24/2020 | 11/25/2020 | 11/30/2020 | - | - | - | - | - | FORMULA | |
| 10/26/2020 | 10/27/2020 | 10/30/2020 | - | - | - | - | - | FORMULA | |
| 09/24/2020 | 09/25/2020 | 09/30/2020 | - | - | - | - | - | FORMULA | |
| 08/25/2020 | 08/26/2020 | 08/31/2020 | $0.0835 | $0.0000 | $0.0000 | $0.0000 | $0.0835 | VALUE | |
| 07/27/2020 | 07/28/2020 | 07/31/2020 | $0.1035 | $0.0000 | $0.0000 | $0.0000 | $0.1035 | VALUE | |
| 06/24/2020 | 06/25/2020 | 06/30/2020 | $0.1008 | $0.0000 | $0.0000 | $0.0000 | $0.1008 | VALUE | |
| 05/22/2020 | 05/26/2020 | 05/29/2020 | $0.0893 | $0.0000 | $0.0000 | $0.0000 | $0.0893 | VALUE | |
| 04/24/2020 | 04/27/2020 | 04/30/2020 | $0.0170 | $0.0000 | $0.0000 | $0.0000 | $0.0170 | VALUE | |
| 03/26/2020 | 03/27/2020 | 03/31/2020 | $0.1200 | $0.0000 | $0.0000 | $0.0000 | $0.1200 | VALUE | |
| 02/24/2020 | 02/25/2020 | 02/28/2020 | $0.0993 | $0.0000 | $0.0000 | $0.0000 | $0.0993 | VALUE | |
| 01/27/2020 | 01/28/2020 | 01/31/2020 | $0.0885 | $0.0000 | $0.0000 | $0.0000 | $0.0885 | VALUE | |
| 12/27/2019 | 12/30/2019 | 12/31/2019 | $0.1280 | $0.0000 | $0.0000 | $0.0000 | $0.1280 | VALUE | |
| 11/26/2019 | 11/27/2019 | 11/29/2019 | $0.1030 | $0.0000 | $0.0000 | $0.0000 | $0.1030 | VALUE | |
| 10/28/2019 | 10/29/2019 | 10/31/2019 | $0.1217 | $0.0000 | $0.0000 | $0.0000 | $0.1217 | VALUE | |
| 09/25/2019 | 09/26/2019 | 09/30/2019 | $0.1069 | $0.0000 | $0.0000 | $0.0000 | $0.1069 | VALUE | |
| 08/27/2019 | 08/28/2019 | 08/30/2019 | $0.1194 | $0.0000 | $0.0000 | $0.0000 | $0.1194 | VALUE | |
| 07/26/2019 | 07/29/2019 | 07/31/2019 | $0.1234 | $0.0000 | $0.0000 | $0.0000 | $0.1234 | VALUE | |
| 06/25/2019 | 06/26/2019 | 06/28/2019 | $0.1064 | $0.0000 | $0.0000 | $0.0000 | $0.1064 | VALUE | |
| 05/28/2019 | 05/29/2019 | 05/31/2019 | $0.1373 | $0.0000 | $0.0000 | $0.0000 | $0.1373 | VALUE | |
| 04/25/2019 | 04/26/2019 | 04/30/2019 | $0.1146 | $0.0000 | $0.0000 | $0.0000 | $0.1146 | VALUE | |
| 03/26/2019 | 03/27/2019 | 03/29/2019 | $0.1193 | $0.0000 | $0.0000 | $0.0000 | $0.1193 | VALUE | |
| 02/27/2019 | 02/26/2019 | 02/28/2019 | $0.1127 | $0.0000 | $0.0000 | $0.0000 | $0.1127 | VALUE | |
| 01/28/2019 | 01/29/2019 | 01/31/2019 | $0.1113 | $0.0000 | $0.0000 | $0.0000 | $0.1113 | VALUE | |
| 12/27/2018 | 12/28/2018 | 12/31/2018 | $0.1405 | $0.0000 | $0.0000 | $0.0000 | $0.1405 | VALUE | |
| 11/27/2018 | 11/28/2018 | 11/30/2018 | $0.1212 | $0.0000 | $0.0000 | $0.0000 | $0.1212 | VALUE | |
| 10/26/2018 | 10/29/2018 | 10/31/2018 | $0.1152 | $0.0000 | $0.0000 | $0.0000 | $0.1152 | VALUE | |
| 09/26/2018 | 09/27/2018 | 09/28/2018 | $0.1088 | $0.0000 | $0.0000 | $0.0000 | $0.1088 | VALUE | |
| 08/27/2018 | 08/28/2018 | 08/31/2018 | $0.1212 | $0.0000 | $0.0000 | $0.0000 | $0.1212 | VALUE | |
| 07/26/2018 | 07/27/2018 | 07/31/2018 | $0.1154 | $0.0000 | $0.0000 | $0.0000 | $0.1154 | VALUE | |
| 06/25/2018 | 06/26/2018 | 06/29/2018 | $0.1144 | $0.0000 | $0.0000 | $0.0000 | $0.1144 | VALUE | |
| 05/25/2018 | 05/29/2018 | 05/31/2018 | $0.1098 | $0.0000 | $0.0000 | $0.0000 | $0.1098 | VALUE | |
| 04/25/2018 | 04/26/2018 | 04/30/2018 | $0.1047 | $0.0000 | $0.0000 | $0.0000 | $0.1047 | VALUE | |
| 03/26/2018 | 03/27/2018 | 03/29/2018 | $0.0950 | $0.0000 | $0.0000 | $0.0000 | $0.0950 | VALUE | |
| 02/26/2018 | 02/27/2018 | 02/28/2018 | $0.1085 | $0.0000 | $0.0000 | $0.0000 | $0.1085 | VALUE | |
| 01/26/2018 | 01/29/2018 | 01/31/2018 | $0.0920 | $0.0000 | $0.0000 | $0.0000 | $0.0920 | VALUE | |
| 12/27/2017 | 12/28/2017 | 12/29/2017 | $0.1188 | $0.0000 | $0.0000 | $0.0000 | $0.1188 | VALUE | |
| 11/28/2017 | 11/29/2017 | 11/30/2017 | $0.1066 | $0.0000 | $0.0000 | $0.0000 | $0.1066 | VALUE | |
| 10/27/2017 | 10/30/2017 | 10/31/2017 | $0.1030 | $0.0000 | $0.0000 | $0.0000 | $0.1030 | VALUE | |
| 09/26/2017 | 09/27/2017 | 09/29/2017 | $0.1034 | $0.0000 | $0.0000 | $0.0000 | $0.1034 | VALUE | |
| 08/25/2017 | 08/29/2017 | 08/31/2017 | $0.0929 | $0.0000 | $0.0000 | $0.0000 | $0.0929 | VALUE | |
| 07/26/2017 | 07/28/2017 | 07/31/2017 | $0.0995 | $0.0000 | $0.0000 | $0.0000 | $0.0995 | VALUE | |
| 06/23/2017 | 06/28/2017 | 06/30/2017 | $0.1025 | $0.0000 | $0.0000 | $0.0000 | $0.1025 | VALUE | |
| 05/23/2017 | 05/26/2017 | 05/31/2017 | $0.1006 | $0.0000 | $0.0000 | $0.0000 | $0.1006 | VALUE | |
| 04/21/2017 | 04/26/2017 | 04/28/2017 | $0.1012 | $0.0000 | $0.0000 | $0.0000 | $0.1012 | VALUE | |
| 03/24/2017 | 03/28/2017 | 03/31/2017 | $0.1037 | $0.0000 | $0.0000 | $0.0000 | $0.1037 | VALUE | |
| 02/23/2017 | 02/27/2017 | 02/28/2017 | $0.1002 | $0.0000 | $0.0000 | $0.0000 | $0.1002 | VALUE | |
| 01/25/2017 | 01/27/2017 | 01/31/2017 | $0.0891 | $0.0000 | $0.0000 | $0.0000 | $0.0891 | VALUE | |
| 12/23/2016 | 12/28/2016 | 12/30/2016 | $0.1307 | $0.0000 | $0.0000 | $0.0000 | $0.1307 | VALUE | |
| 11/23/2016 | 11/28/2016 | 11/30/2016 | $0.0996 | $0.0000 | $0.0000 | $0.0000 | $0.0996 | VALUE | |
| 10/25/2016 | 10/27/2016 | 10/31/2016 | $0.1024 | $0.0000 | $0.0000 | $0.0000 | $0.1024 | VALUE | |
| 09/26/2016 | 09/28/2016 | 09/30/2016 | $0.1110 | $0.0000 | $0.0000 | $0.0000 | $0.1110 | VALUE | |
| 08/25/2016 | 08/29/2016 | 08/31/2016 | $0.1111 | $0.0000 | $0.0000 | $0.0000 | $0.1111 | VALUE | |
| 07/25/2016 | 07/27/2016 | 07/29/2016 | $0.1143 | $0.0000 | $0.0000 | $0.0000 | $0.1143 | VALUE | |
| 06/24/2016 | 06/28/2016 | 06/30/2016 | $0.1158 | $0.0000 | $0.0000 | $0.0000 | $0.1158 | VALUE | |
| 05/24/2016 | 05/26/2016 | 05/31/2016 | $0.1118 | $0.0000 | $0.0000 | $0.0000 | $0.1118 | VALUE | |
| 04/25/2016 | 04/27/2016 | 04/29/2016 | $0.1239 | $0.0000 | $0.0000 | $0.0000 | $0.1239 | VALUE | |
| 03/24/2016 | 03/29/2016 | 03/31/2016 | $0.1217 | $0.0000 | $0.0000 | $0.0000 | $0.1217 | VALUE | |
| 02/23/2016 | 02/25/2016 | 02/29/2016 | $0.1029 | $0.0000 | $0.0000 | $0.0000 | $0.1029 | VALUE | |
| 01/25/2016 | 01/27/2016 | 01/29/2016 | $0.0883 | $0.0000 | $0.0000 | $0.0000 | $0.0883 | VALUE | |
| 12/24/2015 | 12/29/2015 | 12/31/2015 | $0.1467 | $0.0000 | $0.0000 | $0.0000 | $0.1467 | VALUE | |
| 11/23/2015 | 11/25/2015 | 11/30/2015 | $0.1073 | $0.0000 | $0.0000 | $0.0000 | $0.1073 | VALUE | |
| 10/26/2015 | 10/28/2015 | 10/30/2015 | $0.1192 | $0.0000 | $0.0000 | $0.0000 | $0.1192 | VALUE | |
| 09/24/2015 | 09/28/2015 | 09/30/2015 | $0.1159 | $0.0000 | $0.0000 | $0.0000 | $0.1159 | VALUE | |
| 08/25/2015 | 08/27/2015 | 08/31/2015 | $0.1196 | $0.0000 | $0.0000 | $0.0000 | $0.1196 | VALUE | |
| 07/24/2015 | 07/28/2015 | 07/30/2015 | $0.0942 | $0.0000 | $0.0000 | $0.0000 | $0.0942 | VALUE | |
| 06/24/2015 | 06/26/2015 | 06/30/2015 | $0.1230 | $0.0000 | $0.0000 | $0.0000 | $0.1230 | VALUE | |
| 05/22/2015 | 05/27/2015 | 05/29/2015 | $0.1011 | $0.0000 | $0.0000 | $0.0000 | $0.1011 | VALUE | |
| 04/24/2015 | 04/28/2015 | 04/30/2015 | $0.1124 | $0.0000 | $0.0000 | $0.0000 | $0.1124 | VALUE | |
| 03/25/2015 | 03/27/2015 | 03/31/2015 | $0.1215 | $0.0000 | $0.0000 | $0.0000 | $0.1215 | VALUE | |
| 02/23/2015 | 02/25/2015 | 02/27/2015 | $0.1051 | $0.0000 | $0.0000 | $0.0000 | $0.1051 | ||
| 01/26/2015 | 01/28/2015 | 01/30/2015 | $0.0794 | $0.0000 | $0.0000 | $0.0000 | $0.0794 | ||
| 12/24/2014 | 12/29/2014 | 12/31/2014 | $0.1640 | $0.0000 | $0.0000 | $0.0000 | $0.1640 | ||
| 11/21/2014 | 11/25/2014 | 11/28/2014 | $0.0950 | $0.0000 | $0.0000 | $0.0000 | $0.0950 | ||
| 10/27/2014 | 10/29/2014 | 10/31/2014 | $0.1280 | $0.0000 | $0.0000 | $0.0000 | $0.1280 | ||
| 09/24/2014 | 09/26/2014 | 09/30/2014 | $0.1140 | $0.0000 | $0.0000 | $0.0000 | $0.1140 | ||
| 08/25/2014 | 08/27/2014 | 08/29/2014 | $0.1150 | $0.0000 | $0.0000 | $0.0000 | $0.1150 | ||
| 07/25/2014 | 07/29/2014 | 07/31/2014 | $0.1140 | $0.0000 | $0.0000 | $0.0000 | $0.1140 | ||
| 06/24/2014 | 06/26/2014 | 06/30/2014 | $0.1230 | $0.0000 | $0.0000 | $0.0000 | $0.1230 | ||
| 05/23/2014 | 05/28/2014 | 05/30/2014 | $0.0970 | $0.0000 | $0.0000 | $0.0000 | $0.0970 | ||
| 04/24/2014 | 04/28/2014 | 04/30/2014 | $0.1130 | $0.0000 | $0.0000 | $0.0000 | $0.1130 | ||
| 03/25/2014 | 03/27/2014 | 03/31/2014 | $0.1110 | $0.0000 | $0.0000 | $0.0000 | $0.1110 | ||
| 02/24/2014 | 02/26/2014 | 02/28/2014 | $0.1260 | $0.0000 | $0.0000 | $0.0000 | $0.1260 | ||
| 01/27/2014 | 01/29/2014 | 01/31/2014 | $0.0950 | $0.0000 | $0.0000 | $0.0000 | $0.0950 | ||
| 12/24/2013 | 12/27/2013 | 12/31/2013 | $0.1320 | $0.0000 | $0.0000 | $0.0000 | $0.1320 | ||
| 11/22/2013 | 11/26/2013 | 11/29/2013 | $0.1090 | $0.0000 | $0.0000 | $0.0000 | $0.1090 | ||
| 10/25/2013 | 10/29/2013 | 10/31/2013 | $0.1210 | $0.0000 | $0.0000 | $0.0000 | $0.1210 | ||
| 09/24/2013 | 09/26/2013 | 09/30/2013 | $0.1060 | $0.0000 | $0.0000 | $0.0000 | $0.1060 | ||
| 08/26/2013 | 08/28/2013 | 08/30/2013 | $0.1140 | $0.0000 | $0.0000 | $0.0000 | $0.1140 | ||
| 07/25/2013 | 07/29/2013 | 07/31/2013 | $0.1090 | $0.0000 | $0.0000 | $0.0000 | $0.1090 | ||
| 06/24/2013 | 06/26/2013 | 06/28/2013 | $0.1080 | $0.0000 | $0.0000 | $0.0000 | $0.1080 | ||
| 05/24/2013 | 05/29/2013 | 05/31/2013 | $0.0930 | $0.0000 | $0.0000 | $0.0000 | $0.0930 | ||
| 04/24/2013 | 04/26/2013 | 04/30/2013 | $0.0510 | $0.0000 | $0.0000 | $0.0000 | $0.0510 |
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- Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund’s website at www.AdvisorShares.com. Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, Distributor.
- An investment in the Fund is subject to risk, including the possible loss of principal amount invested. The Fund’s investment in fixed income securities will change in value in response to interest rate changes and other factors, such as the perception of the issuer’s creditworthiness. Fixed income securities with longer maturities are subject to greater price shifts as a result of interest rate changes than fixed income securities with shorter maturities. The Fund’s investments in high-yield securities or “junk bonds” are subject to a greater risk of loss of income and principal than higher grade debt securities. Emerging and foreign market investments can be more volatile than U.S. securities and will expose the Fund to adverse changes in foreign economic, political, regulatory and currency exchange rates. See prospectus for details regarding specific risks.
- Definitions
- Yield to maturity describes the rate of return an investor will receive if a long-term, interest-bearing security, such as a bond, is held to its maturity date.