(MINC) NEWFLEET MULTI-SECTOR INCOME ETF
NAV as of 2/26/2020
$48.82
1 Day NAV Change as of 2/26/2020
$0.01
Morningstar Rating
Short-Term Bond
Overall rating as of 1/31/2020 based on risk adjusted returns of 494 funds
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 2/26/2020
| NAV | $48.82 | Closing Price | $48.76 |
| Change | $0.01 | Close Change | $0.01 |
| Shares Outstanding | 1,400,000 | Volume | 3,424 |
| 4PM Bid/Offer Midpoint | $48.75 | Premium Discount | $-0.07 |
| Assets Under Management | $68,348,621.55 |
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 1/31/2020
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 0.79 | 0.90 | 1.92 | 0.13 |
| 3 Months | 1.04 | 1.18 | 1.80 | 0.39 |
| YTD | 0.79 | 0.90 | 1.92 | 0.13 |
| 1 Year | 5.10 | 5.44 | 9.64 | 0.13 |
| 3 Years | 2.89 | 2.93 | 4.62 | 0.39 |
| 5 Years | 2.55 | 2.57 | 3.01 | 1.05 |
| Since Inception (3/19/2013, Annualized) | 2.37 | 2.37 | 3.09 | 0.77 |
As of 12/31/2019
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 0.18 | 0.14 | -0.07 | 0.14 |
| 3 Months | 0.63 | 0.63 | 0.18 | 0.44 |
| YTD | 5.34 | 5.33 | 8.72 | 2.21 |
| 1 Year | 5.34 | 5.33 | 8.72 | 2.21 |
| 3 Years | 2.71 | 2.68 | 4.03 | 1.61 |
| 5 Years | 2.53 | 2.47 | 3.05 | 1.02 |
| Since Inception (3/19/2013, Annualized) | 2.28 | 2.26 | 2.84 | 0.76 |
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 2/26/2020
| Date | Account Symbol | Stock Ticker | Security Number | Security | Shares | Price | Market Value | Weight % | Asset Group | |
|---|---|---|---|---|---|---|---|---|---|---|
| 02/26/2020 | MINC | 78403DAL4 | SBA TOWER TRUST 3.168 4/11/2022 | 780,000 | 102.21 | 797,276.53 | 1.17% | B | 1 | |
| 78403DAK6 | SBA TOWER TRUST 2.877 7/9/2021 | 780,000 | 100.88 | 786,852.22 | 1.15% | B | 1 | |||
| 12433UAG0 | BX 2018-GW B FRN 5/15/2035 | 700,000 | 99.77 | 698,362.35 | 1.02% | MR | 1 | |||
| 24381CAA0 | DRMT 2017-2A A1 FRN 6/25/2047 | 652,039 | 100.40 | 654,646.04 | 0.96% | MR | 1 | |||
| 31418DC67 | FN MA3692 3.5 7/1/2049 | 631,352 | 103.42 | 652,943.77 | 0.96% | FM | 1 | |||
| 32059BAE8 | FIAOT 2017-2A B 2.65 11/15/2022 | 650,000 | 100.40 | 652,618.85 | 0.95% | MR | 1 | |||
| 9128286Y1 | US TREASURY N/B 1.75 6/15/2022 | 535,000 | 101.39 | 542,439.84 | 0.79% | TN | 1 | |||
| 88642MAC4 | TMCAT 2018-AA B 3.45 11/15/2024 | 525,000 | 100.85 | 529,487.18 | 0.77% | MR | 1 | |||
| 64828FCQ3 | NRZT 2018-4A A1S FRN 1/25/2048 | 511,732 | 100.10 | 512,266.88 | 0.75% | MR | 1 | |||
| 64829HAA5 | NRZT 2016-3A A1 FRN 9/25/2056 | 451,691 | 105.14 | 474,922.00 | 0.69% | MR | 1 | |||
| 85572MAA8 | SWH 2017-1 A FRN 1/17/2035 | 468,515 | 99.94 | 468,246.34 | 0.69% | MR | 1 | |||
| 301656AE4 | EART 2018-1A C 3.03 1/17/2023 | 465,000 | 100.63 | 467,912.95 | 0.68% | MR | 1 | |||
| 61746BEC6 | MORGAN STANLEY FRN 10/24/2023 | 445,000 | 102.79 | 457,420.64 | 0.67% | B | 1 | |||
| 35105DAE1 | FCRT 2018-1 C 3.68 8/15/2023 | 445,000 | 102.42 | 455,752.36 | 0.67% | MR | 1 | |||
| 30167BAC5 | EART 2018-2A C 3.69 3/15/2023 | 445,000 | 101.18 | 450,230.84 | 0.66% | MR | 1 | |||
| 61746BDQ6 | MORGAN STANLEY 3.875 4/29/2024 | 410,000 | 108.55 | 445,060.88 | 0.65% | B | 1 | |||
| 378272AF5 | GLENCORE FUNDING LLC 4.125 5/30/2023 | 410,000 | 106.00 | 434,579.87 | 0.64% | FB | 1 | |||
| 46625HKK5 | JPMORGAN CHASE & CO 5.3 PERPETL 11/1/2168 | 430,000 | 100.11 | 430,466.55 | 0.63% | B | 1 | |||
| 02530AAE2 | ACAR 2018-3 C 3.75 10/15/2024 | 415,000 | 101.05 | 419,359.66 | 0.61% | MR | 1 | |||
| 258258AA0 | DORIC NIMROD AIR 2012-1A 5.125 11/30/2022 | 392,487 | 104.70 | 410,919.05 | 0.60% | FB | 1 | |||
| 07384M4H2 | BSARM 2004-10 21A1 FRN 1/25/2035 | 395,014 | 103.86 | 410,277.12 | 0.60% | MR | 1 | |||
| 52603JAA8 | LFT 2018-2A A 4.23 4/20/2027 | 390,000 | 104.21 | 406,423.06 | 0.59% | MR | 1 | |||
| 9128286B1 | US TREASURY N/B 2.625 2/15/2029 | 365,000 | 111.26 | 406,112.40 | 0.59% | TN | 1 | |||
| 46641YAN3 | JPMMT 2014-2 AM FRN 6/25/2029 | 397,680 | 101.80 | 404,854.05 | 0.59% | MR | 1 | |||
| 36166PAA6 | GCAT 2019-NQM1 A1 FRN 2/25/2059 | 393,623 | 101.12 | 398,012.92 | 0.58% | MR | 1 | |||
| 49456BAB7 | KINDER MORGAN INC 5.625 11/15/2023 | 355,000 | 111.98 | 397,521.57 | 0.58% | B | 1 | |||
| 68376VAA2 | OPTN 2018-B A 3.91 7/8/2024 | 390,000 | 101.90 | 397,399.31 | 0.58% | MR | 1 | |||
| 12648HAK1 | CSMC 2014-IVR2 A2 FRN 4/25/2044 | 376,169 | 103.01 | 387,495.76 | 0.57% | MR | 1 | |||
| 96042GAJ1 | WLAKE 2018-3A C 3.61 10/16/2023 | 380,000 | 101.92 | 387,282.55 | 0.57% | MR | 1 | |||
| 02529MAE9 | ACAR 2018-4 C 3.97 1/13/2025 | 380,000 | 101.77 | 386,721.40 | 0.57% | MR | 1 | |||
| 36416UAG0 | GFMT 2017-1 A21 FRN 7/25/2056 | 365,593 | 102.11 | 373,304.44 | 0.55% | MR | 1 | |||
| 201736AC9 | CMLBC 2001-CMLB A3 FRN 6/20/2031 | 364,039 | 101.07 | 367,935.83 | 0.54% | MR | 1 | |||
| 345397XQ1 | FORD MOTOR CREDIT CO LLC 3.2 1/15/2021 | 360,000 | 100.90 | 363,227.32 | 0.53% | B | 1 | |||
| 064058AD2 | BANK OF NY MELLON CORP 4.95 PERPETL 12/20/2168 | 360,000 | 100.73 | 362,617.20 | 0.53% | B | 1 | |||
| 81747EAM9 | SEMT 2018-CH2 A12 FRN 6/25/2048 | 354,354 | 101.65 | 360,203.05 | 0.53% | MR | 1 | |||
| 86359BHJ3 | SASC 2004-4XS A3A STEP-CPN 2/25/2034 | 346,307 | 102.87 | 356,259.31 | 0.52% | MR | 1 | |||
| 32057HAG2 | FIAOT 2016-2A C 2.53 7/15/2022 | 355,000 | 100.34 | 356,191.45 | 0.52% | MR | 1 | |||
| 30167DAC1 | EART 2019-1A C 3.82 12/16/2024 | 345,000 | 102.47 | 353,529.09 | 0.52% | MR | 1 | |||
| 69362BBC5 | PSEG POWER LLC 3.85 6/1/2023 | 330,000 | 106.12 | 350,209.73 | 0.51% | B | 1 | |||
| 06051GGJ2 | BANK OF AMERICA CORP FRN 4/24/2023 | 345,000 | 101.40 | 349,832.42 | 0.51% | B | 1 | |||
| 44106MAS1 | SERVICE PROPERTIES TRUST 4.65 3/15/2024 | 330,000 | 105.68 | 348,748.11 | 0.51% | B | 1 | |||
| 87165BAN3 | SYNCHRONY FINANCIAL 4.375 3/19/2024 | 315,000 | 108.06 | 340,404.63 | 0.50% | B | 1 | |||
| 38141GWC4 | GOLDMAN SACHS GROUP INC 3 4/26/2022 | 330,000 | 101.56 | 335,140.05 | 0.49% | B | 1 | |||
| 02209SBB8 | ALTRIA GROUP INC 3.8 2/14/2024 | 313,000 | 106.93 | 334,695.94 | 0.49% | B | 1 | |||
| 17320XAA2 | CMLTI 2013-A A FRN 5/25/2042 | 338,625 | 98.42 | 333,258.92 | 0.49% | MR | 1 | |||
| 95000U2C6 | WELLS FARGO & COMPANY 3.75 1/24/2024 | 305,000 | 107.24 | 327,094.81 | 0.48% | B | 1 | |||
| 64829LAA6 | NRZT 2016-4A A1 FRN 11/25/2056 | 307,197 | 105.12 | 322,940.67 | 0.47% | MR | 1 | |||
| 05369AAC5 | AVIATION CAPITAL GROUP 3.875 5/1/2023 | 306,000 | 104.83 | 320,764.83 | 0.47% | B | 1 | |||
| 501890AA5 | LHOME 2019-RTL1 A1 4.58 10/25/2023 | 315,000 | 101.39 | 319,380.01 | 0.47% | MR | 1 | |||
| 88161NAB5 | TESLA 2018-B B 4.12 10/20/2021 | 310,000 | 103.01 | 319,341.94 | 0.47% | MR | 1 | |||
| 89690EAF4 | TRMF 2017-1A A1 2.709 8/15/2047 | 315,302 | 100.35 | 316,393.25 | 0.46% | MR | 1 | |||
| 17327DAA9 | CMLTI 2018-RP3 A1 FRN 3/25/2061 | 303,222 | 103.91 | 315,066.91 | 0.46% | MR | 1 | |||
| 32059TAE9 | FIAOT 2019-1A C 3.26 3/17/2025 | 305,000 | 103.12 | 314,516.88 | 0.46% | MR | 1 | |||
| 90352VAB2 | USAUT 2019-1A B 3.99 12/15/2022 | 305,000 | 101.69 | 310,166.33 | 0.45% | MR | 1 | |||
| 89614SAB5 | TAST 2018-2A B 4.76 2/15/2022 | 304,711 | 101.34 | 308,805.09 | 0.45% | MR | 1 | |||
| 59020ULQ6 | MLMI 2004-A4 A1 FRN 8/25/2034 | 303,248 | 101.81 | 308,728.67 | 0.45% | MR | 1 | |||
| 11135FAD3 | BROADCOM INC 3.625 10/15/2024 | 290,000 | 105.67 | 306,430.40 | 0.45% | B | 1 | |||
| 05606XAA2 | BXGNT 2015-A A 2.88 5/2/2030 | 300,927 | 100.95 | 303,786.27 | 0.44% | MR | 1 | |||
| 12592BAJ3 | CNH INDUSTRIAL CAP LLC 4.2 1/15/2024 | 280,000 | 108.33 | 303,329.11 | 0.44% | B | 1 | |||
| 07331YAA8 | BOMFT 2017-SPL4 A FRN 1/28/2055 | 296,500 | 102.24 | 303,148.04 | 0.44% | MR | 1 | |||
| 03237JAB3 | AXIS 2018-2A A2 3.89 7/20/2022 | 296,307 | 102.06 | 302,415.72 | 0.44% | MR | 1 | |||
| 24380RAA8 | DRMT 2019-1A A1 FRN 1/25/2059 | 296,724 | 101.00 | 299,681.68 | 0.44% | MR | 1 | |||
| 42806DBC2 | HERTZ 2016-4A A 2.65 7/25/2022 | 295,000 | 101.40 | 299,119.56 | 0.44% | MR | 1 | |||
| 03066HAG2 | AMCAR 2018-1 D 3.82 3/18/2024 | 285,000 | 104.60 | 298,114.76 | 0.44% | MR | 1 | |||
| 62854AAN4 | MYLAN NV 3.95 6/15/2026 | 275,000 | 108.26 | 297,727.33 | 0.44% | B | 1 | |||
| 96033WAA6 | WESTR 2018-1A A 3.38 12/20/2031 | 291,530 | 101.56 | 296,077.32 | 0.43% | MR | 1 | |||
| 59980TAA4 | MCMLT 2016-1 A1 FRN 4/25/2057 | 293,868 | 100.55 | 295,470.51 | 0.43% | MR | 1 | |||
| 89172UAA6 | TPMT 2016-4 A1 FRN 7/25/2056 | 292,277 | 100.46 | 293,628.08 | 0.43% | MR | 1 | |||
| 59980YAB1 | MCMLT 2018-4 A1B FRN 4/25/2066 | 275,000 | 104.99 | 288,735.92 | 0.42% | MR | 1 | |||
| 23343CAE1 | DTAOT 2018-3A C 3.79 7/15/2024 | 280,000 | 102.21 | 286,197.63 | 0.42% | MR | 1 | |||
| 46644XAC6 | JPMMT 2015-5 A2 FRN 5/25/2045 | 284,653 | 100.53 | 286,159.35 | 0.42% | MR | 1 | |||
| 21872BAA4 | CAFL 2018-1 A 3.804 6/15/2051 | 272,077 | 104.53 | 284,397.16 | 0.42% | MR | 1 | |||
| 05584AAA8 | HGVGI 2017-1A A 2.94 5/25/2029 | 278,990 | 101.35 | 282,746.76 | 0.41% | MR | 1 | |||
| BL2701110 00001 | VALEANT 06/02/25 TERM LOAN | 279,871 | 100.26 | 280,589.06 | 0.41% | TL | 1 | |||
| BL3246792 00001 | CALPINE CORPORAT 01/15/24 Term Loan | 280,349 | 100.00 | 280,349.40 | 0.41% | TL | 1 | |||
| 466247NT6 | JPMMT 2005-A2 4A1 FRN 4/25/2035 | 270,530 | 103.48 | 279,952.91 | 0.41% | MR | 1 | |||
| 17322GAA7 | CMLTI 2014-A A FRN 1/25/2035 | 265,103 | 104.78 | 277,781.36 | 0.41% | MR | 1 | |||
| 86359BNU1 | SARM 2004-4 3A2 FRN 4/25/2034 | 270,035 | 102.64 | 277,158.87 | 0.41% | MR | 1 | |||
| 92343VEP5 | VERIZON COMMUNICATIONS FRN 5/15/2025 | 267,000 | 102.78 | 274,420.75 | 0.40% | B | 1 | |||
| 94989EAE7 | WFCM 2015-LC20 A5 3.184 4/15/2050 | 255,000 | 106.76 | 272,247.97 | 0.40% | MR | 1 | |||
| 24703DAY7 | DELL INT LLC / EMC CORP 4 7/15/2024 | 250,000 | 107.53 | 268,816.25 | 0.39% | B | 1 | |||
| 709599BC7 | PENSKE TRUCK LEASING/PTL 4.125 8/1/2023 | 250,000 | 107.25 | 268,117.41 | 0.39% | B | 1 | |||
| 78471WAB1 | SCLP 2018-2 A2 3.35 4/26/2027 | 264,030 | 100.62 | 265,676.95 | 0.39% | MR | 1 | |||
| 120568BA7 | BUNGE LTD FINANCE CORP 4.35 3/15/2024 | 245,000 | 107.79 | 264,092.04 | 0.39% | B | 1 | |||
| 172967KY6 | CITIGROUP INC 3.2 10/21/2026 | 245,000 | 106.63 | 261,231.40 | 0.38% | B | 1 | |||
| 05526DAV7 | BAT CAPITAL CORP 2.764 8/15/2022 | 255,000 | 102.26 | 260,766.16 | 0.38% | FB | 1 | |||
| 05401AAF8 | AVOLON HOLDINGS FNDG LTD 3.95 7/1/2024 | 249,000 | 104.59 | 260,437.74 | 0.38% | FB | 1 | |||
| 89171VAB3 | TPMT 2015-5 A2 FRN 5/25/2055 | 250,000 | 103.62 | 259,046.55 | 0.38% | MR | 1 | |||
| 68268XAC5 | ODART 2018-1A C 3.85 10/14/2025 | 250,000 | 103.41 | 258,532.00 | 0.38% | MR | 1 | |||
| 46647PAD8 | JPMORGAN CHASE & CO FRN 4/25/2023 | 255,000 | 101.22 | 258,116.79 | 0.38% | B | 1 | |||
| 00772BAF8 | AERCAP IRELAND CAP/GLOBA 4.5 5/15/2021 | 250,000 | 103.15 | 257,877.37 | 0.38% | FB | 1 | |||
| 35634BAB1 | FREED 2018-2 B 4.61 10/20/2025 | 250,000 | 103.00 | 257,509.10 | 0.38% | MR | 1 | |||
| 38141GWB6 | GOLDMAN SACHS GROUP INC 3.85 1/26/2027 | 235,000 | 109.55 | 257,443.16 | 0.38% | B | 1 | |||
| 45580KAJ7 | IND & COMM BK CHINA/NY 2.957 11/8/2022 | 250,000 | 102.69 | 256,730.88 | 0.38% | FB | 1 | |||
| 43789AAA2 | HOF 2018-1 A1 FRN 6/25/2048 | 250,010 | 101.46 | 253,658.41 | 0.37% | MR | 1 | |||
| 80282KAW6 | SANTANDER HOLDINGS USA 3.5 6/7/2024 | 240,000 | 105.20 | 252,481.34 | 0.37% | B | 1 | |||
| 22534BAA2 | CAALT 2018-1A A 3.01 2/16/2027 | 250,000 | 100.57 | 251,424.55 | 0.37% | MR | 1 | |||
| 19687XAA5 | COLT 2019-1 A1 FRN 3/25/2049 | 246,943 | 101.81 | 251,408.12 | 0.37% | MR | 1 | |||
| 05357HAJ9 | AVMT 2013-AVM C FRN 12/5/2032 | 250,000 | 100.54 | 251,349.60 | 0.37% | MR | 1 | |||
| 89172YAA8 | TPMT 2016-3 A1 FRN 4/25/2056 | 247,272 | 100.67 | 248,926.01 | 0.36% | MR | 1 | |||
| 43789EAA4 | HOF 2019-1 A1 FRN 1/25/2059 | 244,639 | 101.30 | 247,828.73 | 0.36% | MR | 1 | |||
| 36258XAB6 | GCAR 2020-1A B 2.43 11/15/2024 | 245,000 | 100.88 | 247,164.18 | 0.36% | MR | 1 | |||
| 92537FAA3 | VERUS 2019-INV1 A1 FRN 12/25/2059 | 243,207 | 101.27 | 246,298.26 | 0.36% | MR | 1 | |||
| 26209WAF0 | DRIVE 2019-3 C 2.9 8/15/2025 | 240,000 | 102.00 | 244,791.91 | 0.36% | MR | 1 | |||
| 228227BE3 | CROWN CASTLE INTL CORP 4.875 4/15/2022 | 230,000 | 106.34 | 244,574.64 | 0.36% | B | 1 | |||
| 92840VAD4 | VISTRA OPERATIONS CO LLC 3.55 7/15/2024 | 235,000 | 103.19 | 242,496.29 | 0.35% | B | 1 | |||
| BL2552414 00001 | INEOS US FINANCE 04/01/24 Term Loan | 243,862 | 99.25 | 242,032.66 | 0.35% | TL | 1 | |||
| 17323MAA3 | CMLTI 2015-A A1 FRN 6/25/2058 | 235,132 | 102.60 | 241,240.89 | 0.35% | MR | 1 | |||
| 233293AP4 | DPL INC 4.35 4/15/2029 | 250,000 | 95.88 | 239,704.84 | 0.35% | B | 1 | |||
| 16158RAD8 | CHASE 2019-ATR1 A4 FRN 4/25/2049 | 235,894 | 101.28 | 238,901.47 | 0.35% | MR | 1 | |||
| 35040UAA9 | FFIN 2017-1A A 3.3 7/15/2033 | 236,272 | 100.99 | 238,618.38 | 0.35% | MR | 1 | |||
| 247126AJ4 | APTIV CORP 4.15 3/15/2024 | 215,000 | 108.33 | 232,913.96 | 0.34% | B | 1 | |||
| 67098AAC3 | OBX 2019-INV1 A3 FRN 11/25/2048 | 221,058 | 104.18 | 230,308.68 | 0.34% | MR | 1 | |||
| 455780BQ8 | REPUBLIC OF INDONESIA 5.875 1/15/2024 | 200,000 | 114.12 | 228,236.25 | 0.33% | FB | 1 | |||
| 23343JAE6 | DTAOT 2019-4A C 2.73 7/15/2025 | 220,000 | 102.03 | 224,467.39 | 0.33% | MR | 1 | |||
| 36258AAB6 | GCAR 2019-3A B 2.72 6/17/2024 | 220,000 | 101.65 | 223,619.00 | 0.33% | MR | 1 | |||
| 30312JAB4 | FREED 2019-2 B 3.19 11/18/2026 | 220,000 | 101.36 | 222,985.62 | 0.33% | MR | 1 | |||
| 30167GAE0 | EART 2019-4A C 2.44 9/16/2024 | 220,000 | 101.28 | 222,813.71 | 0.33% | MR | 1 | |||
| 05492MAC9 | BCCFC 2019-1A B 2.64 9/20/2024 | 220,000 | 101.15 | 222,532.86 | 0.33% | MR | 1 | |||
| 836205AR5 | REPUBLIC OF SOUTH AFRICA 5.875 9/16/2025 | 200,000 | 110.98 | 221,956.00 | 0.32% | FB | 1 | |||
| 96042FAF1 | WLAKE 2018-2A D 4 1/16/2024 | 215,000 | 103.05 | 221,554.19 | 0.32% | MR | 1 | |||
| 69358XAA8 | PRPM 2019-2A A1 FRN 4/25/2024 | 219,640 | 100.46 | 220,648.92 | 0.32% | MR | 1 | |||
| 55389PAA7 | MVWOT 2019-1A A 2.89 11/20/2036 | 212,132 | 103.51 | 219,585.95 | 0.32% | MR | 1 | |||
| 07386HJG7 | BALTA 2004-5 3A1 FRN 6/25/2034 | 209,572 | 104.74 | 219,498.50 | 0.32% | MR | 1 | |||
| 68267DAA4 | OMFIT 2019-1A A 3.48 2/14/2031 | 215,000 | 101.87 | 219,029.08 | 0.32% | MR | 1 | |||
| 22411XAD6 | CPS 2018-D D 4.34 9/16/2024 | 210,000 | 104.01 | 218,413.78 | 0.32% | MR | 1 | |||
| 172967LH2 | CITIGROUP INC FRN 4/25/2022 | 215,000 | 101.56 | 218,348.57 | 0.32% | B | 1 | |||
| 205887CA8 | CONAGRA BRANDS INC 4.3 5/1/2024 | 200,000 | 108.36 | 216,722.01 | 0.32% | B | 1 | |||
| 03846JW22 | ARAB REPUBLIC OF EGYPT 5.875 6/11/2025 | 200,000 | 107.57 | 215,149.40 | 0.31% | FB | 1 | |||
| 23343GAE2 | DTAOT 2019-1A C 3.61 11/15/2024 | 210,000 | 102.45 | 215,137.90 | 0.31% | MR | 1 | |||
| 629377CK6 | NRG ENERGY INC 3.75 6/15/2024 | 204,000 | 105.18 | 214,575.33 | 0.31% | B | 1 | |||
| 12510FAC8 | CCG 2019-2 B 2.55 3/15/2027 | 210,000 | 102.10 | 214,413.15 | 0.31% | MR | 1 | |||
| 85208NAD2 | SPRINT SPECTRUM / SPEC I 4.738 3/20/2025 | 200,000 | 106.92 | 213,833.00 | 0.31% | B | 1 | |||
| 00969DAA8 | AJAXM 2017-B A FRN 9/25/2056 | 211,427 | 101.13 | 213,806.26 | 0.31% | MR | 1 | |||
| 20268CAA6 | CBSLT 2019-AGS A1 2.54 1/25/2047 | 208,745 | 101.95 | 212,805.79 | 0.31% | MR | 1 | |||
| 80282KAT3 | SANTANDER HOLDINGS USA 3.7 3/28/2022 | 205,000 | 103.73 | 212,649.59 | 0.31% | B | 1 | |||
| 33843FAE8 | FCAT 2020-1 C 2.24 1/15/2026 | 210,000 | 100.95 | 211,986.56 | 0.31% | MR | 1 | |||
| 303394AA8 | FSIT 2020-AA A 2.9 9/20/2024 | 210,000 | 100.62 | 211,295.45 | 0.31% | MR | 1 | |||
| 900123CV0 | REPUBLIC OF TURKEY 6.35 8/10/2024 | 200,000 | 105.28 | 210,556.00 | 0.31% | FB | 1 | |||
| 63938CAB4 | NAVIENT CORP 5.875 10/25/2024 | 200,000 | 105.25 | 210,502.00 | 0.31% | B | 1 | |||
| 78432BAA7 | SGR 2019-3 A1 FRN 9/25/2059 | 208,666 | 100.80 | 210,329.45 | 0.31% | MR | 1 | |||
| 86934NAA7 | SCML 2018-SBC7 A FRN 5/25/2039 | 205,486 | 101.89 | 209,369.22 | 0.31% | MR | 1 | |||
| 02530DAC0 | ACAR 2019-2 C 3.17 6/12/2025 | 205,000 | 101.96 | 209,020.62 | 0.31% | MR | 1 | |||
| 90945QAD3 | UACST 2019-1 D 3.47 8/12/2024 | 205,000 | 101.58 | 208,242.90 | 0.30% | MR | 1 | |||
| 962178AN9 | TRI POINTE GROUP / HOMES 5.875 6/15/2024 | 190,000 | 109.54 | 208,128.85 | 0.30% | B | 1 | |||
| 12625GAC8 | CNOOC FINANCE 2013 LTD 3 5/9/2023 | 200,000 | 103.12 | 206,242.22 | 0.30% | FB | 1 | |||
| 411707AB8 | HNGRY 2018-1A A2I 4.25 6/20/2048 | 202,438 | 101.71 | 205,901.21 | 0.30% | MR | 1 | |||
| 55400DAA9 | MVWOT 2019-2A A 2.22 10/20/2038 | 201,542 | 101.19 | 203,936.58 | 0.30% | MR | 1 | |||
| 48283PAE1 | KABB 2019-1 A 3.825 3/15/2024 | 200,000 | 101.85 | 203,690.48 | 0.30% | MR | 1 | |||
| 46641YAJ2 | JPMMT 2014-2 2A2 FRN 6/25/2029 | 198,920 | 102.33 | 203,545.15 | 0.30% | MR | 1 | |||
| 038370AC6 | AQFIT 2019-A C 4.01 7/16/2040 | 195,000 | 104.07 | 202,928.51 | 0.30% | MR | 1 | |||
| 14040HBK0 | CAPITAL ONE FINANCIAL CO 3.75 7/28/2026 | 190,000 | 106.68 | 202,696.50 | 0.30% | B | 1 | |||
| BL2702969 00001 | ARAMARK SERVICES 03/28/24 Term Loan | 202,310 | 99.94 | 202,184.44 | 0.30% | TL | 1 | |||
| 05947KAZ3 | BANCO BRADESCO (CAYMAN) 3.2 1/27/2025 | 200,000 | 100.81 | 201,624.00 | 0.29% | FB | 1 | |||
| 04010LAU7 | ARES CAPITAL CORP 3.5 2/10/2023 | 195,000 | 103.05 | 200,949.93 | 0.29% | B | 1 | |||
| 30165YAC7 | EART 2017-3A B 2.81 9/15/2022 | 198,902 | 100.42 | 199,736.22 | 0.29% | MR | 1 | |||
| 66977WAP4 | NOVA CHEMICALS CORP 5 5/1/2025 | 200,000 | 99.67 | 199,333.00 | 0.29% | FB | 1 | |||
| 038370AA0 | AQFIT 2019-A A 3.14 7/16/2040 | 192,326 | 101.45 | 195,121.96 | 0.29% | MR | 1 | |||
| 854502AM3 | STANLEY BLACK & DECKER I FRN 3/15/2060 | 190,000 | 102.49 | 194,734.64 | 0.28% | B | 1 | |||
| 12592FAA3 | COMM 2014-277P A FRN 8/10/2049 | 180,000 | 108.16 | 194,689.80 | 0.28% | MR | 1 | |||
| 00206RGD8 | AT&T INC FRN 6/12/2024 | 190,000 | 101.89 | 193,590.61 | 0.28% | B | 1 | |||
| 576434QC1 | MALT 2004-4 6A1 5.5 4/25/2034 | 186,480 | 103.05 | 192,161.61 | 0.28% | MR | 1 | |||
| 91678WAA7 | UPST 2019-3 A 2.684 1/21/2030 | 190,115 | 100.60 | 191,255.42 | 0.28% | MR | 1 | |||
| 76119MAA7 | RMLT 2019-1 A1 FRN 10/25/2058 | 188,550 | 101.31 | 191,016.13 | 0.28% | MR | 1 | |||
| 036752AJ2 | ANTHEM INC 2.375 1/15/2025 | 185,000 | 102.12 | 188,925.74 | 0.28% | B | 1 | |||
| 71654QCD2 | PETROLEOS MEXICANOS 4.625 9/21/2023 | 180,000 | 104.95 | 188,918.10 | 0.28% | FB | 1 | |||
| 80284TAK1 | SDART 2017-1 C 2.58 5/16/2022 | 188,556 | 100.15 | 188,840.46 | 0.28% | MR | 1 | |||
| 36258YBL1 | GSMS 2020-GC45 AS 3.1731 2/13/2053 | 175,000 | 107.57 | 188,247.08 | 0.28% | MR | 1 | |||
| 68504UAB7 | ONGLT 2019-A B 3.36 4/9/2038 | 182,610 | 102.96 | 188,008.15 | 0.28% | MR | 1 | |||
| 57109HAA0 | MFT 2019-2A A 3.13 7/16/2029 | 185,292 | 101.00 | 187,145.94 | 0.27% | MR | 1 | |||
| 86359BGQ8 | SARM 2004-1 6A FRN 2/25/2034 | 180,791 | 103.09 | 186,379.80 | 0.27% | MR | 1 | |||
| 48128BAG6 | JPMORGAN CHASE & CO 4.6 PERPETL 8/1/2168 | 182,000 | 102.00 | 185,640.00 | 0.27% | B | 1 | |||
| 57110AAA2 | MFT 2019-4A A 2.39 12/17/2029 | 184,481 | 100.63 | 185,638.52 | 0.27% | MR | 1 | |||
| 74937LAA4 | RCO 2019-1 A1 FRN 5/24/2024 | 183,951 | 100.92 | 185,634.71 | 0.27% | MR | 1 | |||
| 87342RAC8 | BELL 2016-1A A23 4.97 5/25/2046 | 170,188 | 109.00 | 185,504.68 | 0.27% | MR | 1 | |||
| 36418HAA0 | GFMT 2020-H1 A1 FRN 1/25/2060 | 185,000 | 100.00 | 184,996.58 | 0.27% | MR | 1 | |||
| 15189TAW7 | CENTERPOINT ENERGY INC 2.5 9/1/2024 | 180,000 | 102.68 | 184,823.83 | 0.27% | B | 1 | |||
| BL2385591 00001 | Cablevision Systems 3/17 Cov-Li 07/17/25 Term Loan | 184,989 | 99.83 | 184,681.22 | 0.27% | TL | 1 | |||
| 92872KAA5 | VOLT 2019-NPL2 A1 FRN 2/25/2049 | 183,177 | 100.81 | 184,664.07 | 0.27% | MR | 1 | |||
| 03236TAG1 | AXIS 2018-1A A2 3.24 12/20/2023 | 182,580 | 100.95 | 184,322.70 | 0.27% | MR | 1 | |||
| 17323CAD9 | CGCMT 2015-GC27 A4 2.878 2/10/2048 | 175,000 | 104.92 | 183,611.40 | 0.27% | MR | 1 | |||
| 92535TAD9 | VERUS 2018-2 B1 FRN 6/1/2058 | 180,000 | 101.93 | 183,480.23 | 0.27% | MR | 1 | |||
| 233331AW7 | DTE ENERGY CO 2.529 10/1/2024 | 179,000 | 102.37 | 183,241.64 | 0.27% | B | 1 | |||
| 42824CBE8 | HP ENTERPRISE CO 2.25 4/1/2023 | 180,000 | 101.65 | 182,970.15 | 0.27% | B | 1 | |||
| 83085DAC9 | SKOP 2019-1A C 3.63 9/16/2024 | 180,000 | 101.24 | 182,230.02 | 0.27% | MR | 1 | |||
| 252722AB9 | DROT 2019-1A B 3.53 2/20/2032 | 178,244 | 101.97 | 181,752.42 | 0.27% | MR | 1 | |||
| 89173FAA8 | TPMT 2017-1 A1 FRN 10/25/2056 | 177,619 | 102.11 | 181,363.39 | 0.27% | MR | 1 | |||
| 30161NAW1 | EXELON CORP 3.497 6/1/2022 | 175,000 | 103.37 | 180,889.73 | 0.26% | B | 1 | |||
| 38141GVX9 | GOLDMAN SACHS GROUP INC FRN 10/28/2027 | 170,000 | 105.66 | 179,627.49 | 0.26% | B | 1 | |||
| 749389AA0 | RCKT 2020-1 A1 FRN 2/25/2050 | 175,000 | 102.29 | 179,007.48 | 0.26% | MR | 1 | |||
| 12597JAC6 | CPS 2020-A C 2.54 12/15/2025 | 175,000 | 101.30 | 177,276.61 | 0.26% | MR | 1 | |||
| 65489MAB0 | NMEF 2019-A B 3.06 8/17/2026 | 175,000 | 101.13 | 176,972.81 | 0.26% | MR | 1 | |||
| 38141EB81 | GOLDMAN SACHS GROUP INC FRN 11/29/2023 | 170,000 | 103.89 | 176,612.90 | 0.26% | B | 1 | |||
| 12434LAA2 | BXMT 2020-FL2 A FRN 2/16/2037 | 175,000 | 100.15 | 175,260.75 | 0.26% | MR | 1 | |||
| 45660LEW5 | RAST 2005-A1 A3 5.5 4/25/2035 | 169,439 | 103.05 | 174,605.85 | 0.26% | MR | 1 | |||
| 369604BQ5 | GENERAL ELECTRIC CO 5 PERPETL 6/15/2168 | 175,000 | 99.37 | 173,905.38 | 0.25% | B | 1 | |||
| 949803AA8 | WFMBS 2004-U A1 FRN 10/25/2034 | 171,638 | 100.12 | 171,840.12 | 0.25% | MR | 1 | |||
| 43800KAA5 | HOF 2019-3 A1 FRN 11/25/2059 | 165,428 | 101.15 | 167,322.51 | 0.24% | MR | 1 | |||
| 92536FAA4 | VERUS 2018-1 A1 FRN 2/25/2048 | 164,926 | 100.43 | 165,636.03 | 0.24% | MR | 1 | |||
| 916780AA7 | UPST 2019-2 A 2.897 9/20/2029 | 163,921 | 100.67 | 165,022.03 | 0.24% | MR | 1 | |||
| BL3292648 00001 | TransDigm inc 08/22/24 Term Loan | 165,767 | 99.46 | 164,876.00 | 0.24% | TL | 1 | |||
| 096630AD0 | BOARDWALK PIPELINES LP 4.95 12/15/2024 | 150,000 | 109.59 | 164,379.83 | 0.24% | B | 1 | |||
| 17326QAA1 | CMLTI 2018-RP1 A1 FRN 9/25/2064 | 159,834 | 102.74 | 164,218.17 | 0.24% | MR | 1 | |||
| 12647JBJ0 | CSMC 2013-HYB1 A16 FRN 4/25/2043 | 160,391 | 100.18 | 160,684.97 | 0.24% | MR | 1 | |||
| 83405TAA1 | SCLP 2019-3 A 2.9 5/25/2028 | 158,542 | 101.14 | 160,355.66 | 0.23% | MR | 1 | |||
| 67576TAA7 | OCTL 2019-1A A 3.16 9/20/2023 | 158,687 | 100.46 | 159,424.82 | 0.23% | MR | 1 | |||
| 74142RAA2 | PRET 2019-NPL3 A1 FRN 7/27/2059 | 158,633 | 100.44 | 159,331.04 | 0.23% | MR | 1 | |||
| 64828EAA3 | NRZT 2019-NQM4 A1 FRN 9/25/2059 | 156,886 | 101.16 | 158,698.82 | 0.23% | MR | 1 | |||
| 02528CAC6 | ACAR 2019-1 B 3.32 4/12/2023 | 155,000 | 101.07 | 156,665.37 | 0.23% | MR | 1 | |||
| 36228FPE0 | GSR 2003-3F 1A6 6 4/25/2033 | 150,792 | 103.49 | 156,059.25 | 0.23% | MR | 1 | |||
| 67113AAP5 | OBX 2019-EXP3 1A8 FRN 10/25/2059 | 152,416 | 102.33 | 155,970.49 | 0.23% | MR | 1 | |||
| 20049AAE8 | COMM 2020-CBM B 3.099 2/10/2037 | 150,000 | 103.91 | 155,868.15 | 0.23% | MR | 1 | |||
| 00772BAR2 | AERCAP IRELAND CAP/GLOBA 3.95 2/1/2022 | 150,000 | 103.59 | 155,377.75 | 0.23% | FB | 1 | |||
| 06051GHB8 | BANK OF AMERICA CORP FRN 2/5/2026 | 153,000 | 100.89 | 154,365.73 | 0.23% | B | 1 | |||
| 00085MAA7 | ACC 2019-1 A 3.75 5/20/2022 | 152,461 | 100.70 | 153,532.32 | 0.22% | MR | 1 | |||
| BL2645325 00001 | ILFC (Delos Finance) 3/18 Cov-L 10/06/23 Term Loan | 153,300 | 100.13 | 153,491.63 | 0.22% | TL | 1 | |||
| 92537GAA1 | VERUS 2019-2 A1 FRN 5/25/2059 | 151,385 | 101.12 | 153,086.66 | 0.22% | MR | 1 | |||
| 86359A5V1 | SASC 2003-34A 6A FRN 11/25/2033 | 148,763 | 102.78 | 152,905.34 | 0.22% | MR | 1 | |||
| 05970FAC5 | BANCO SANTANDER CHILE 2.7 1/10/2025 | 150,000 | 101.70 | 152,550.00 | 0.22% | FB | 1 | |||
| 07332CAA5 | BOMFT 2017-RT4 A FRN 7/28/2057 | 148,028 | 103.05 | 152,548.80 | 0.22% | MR | 1 | |||
| 06051GBE8 | BAFC 2004-A 5A1 FRN 7/20/2034 | 147,478 | 103.40 | 152,489.36 | 0.22% | MR | 1 | |||
| 32058NAJ2 | FIAOT 2017-1A D 3.6 4/17/2023 | 145,000 | 102.10 | 148,042.06 | 0.22% | MR | 1 | |||
| 65341KBA3 | NFMOT 2018-1A A2 3.22 2/15/2023 | 145,000 | 101.55 | 147,241.21 | 0.22% | MR | 1 | |||
| 36228F4R4 | GSR 2004-7 3A1 FRN 6/25/2034 | 144,036 | 100.67 | 145,003.06 | 0.21% | MR | 1 | |||
| BL3183086 00001 | VIRGIN MEDIA 9/19 (USD) 01/31/28 TERM LOAN | 145,000 | 99.76 | 144,655.63 | 0.21% | TL | 1 | |||
| 17324VAH7 | CMLTI 2015-PS1 A1 FRN 9/25/2042 | 139,140 | 103.04 | 143,373.83 | 0.21% | MR | 1 | |||
| 14366LAA0 | CNART 2019-1A A 2.72 11/15/2022 | 141,822 | 100.35 | 142,324.88 | 0.21% | MR | 1 | |||
| 576434J39 | MALT 2005-2 2A1 6 1/25/2035 | 130,218 | 108.00 | 140,629.38 | 0.21% | MR | 1 | |||
| 92259LAB4 | VCC 2020-1 AFX FRN 2/25/2050 | 140,000 | 100.17 | 140,231.14 | 0.21% | MR | 1 | |||
| 949458AA1 | WLKRG 2015-AA A 2.79 6/16/2031 | 138,284 | 100.48 | 138,953.05 | 0.20% | MR | 1 | |||
| 683715AC0 | OPEN TEXT CORP 3.875 2/15/2028 | 140,000 | 99.12 | 138,767.30 | 0.20% | FB | 1 | |||
| 12597KAA7 | COLT 2020-1 A1 FRN 2/25/2050 | 137,016 | 101.19 | 138,641.34 | 0.20% | MR | 1 | |||
| 07324YAC3 | BAYC 2006-2A A2 FRN 7/25/2036 | 142,481 | 97.15 | 138,423.34 | 0.20% | MR | 1 | |||
| 46643UDJ5 | JPMMT 2015-1 AM1 FRN 12/25/2044 | 136,046 | 101.07 | 137,506.98 | 0.20% | MR | 1 | |||
| 85211XAA1 | SHMLT 2019-SH1 A1 FRN 4/29/2049 | 134,126 | 101.11 | 135,612.44 | 0.20% | MR | 1 | |||
| 152314LE8 | CXHE 2004-D AF5 5.85 9/25/2034 | 132,709 | 101.67 | 134,928.79 | 0.20% | MR | 1 | |||
| 21054PAB1 | CLUB 2019-P2 A 2.47 10/15/2026 | 133,463 | 100.65 | 134,328.54 | 0.20% | MR | 1 | |||
| 05946XPV9 | BAFC 2005-1 1A1 5.5 2/25/2035 | 125,769 | 103.99 | 130,791.94 | 0.19% | MR | 1 | |||
| 92537BAA2 | VERUS 2018-3 A1 FRN 10/25/2058 | 128,118 | 101.60 | 130,168.90 | 0.19% | MR | 1 | |||
| 86933YAA4 | SCML 2017-SBC6 A FRN 5/25/2037 | 128,949 | 100.92 | 130,130.46 | 0.19% | MR | 1 | |||
| 042858AA8 | ARRW 2019-2 A1 FRN 4/25/2049 | 123,895 | 101.91 | 126,255.85 | 0.18% | MR | 1 | |||
| 12061AAA6 | BHLD 2019-1 A1 3.613 10/26/2048 | 122,747 | 101.39 | 124,452.50 | 0.18% | MR | 1 | |||
| 83405AAA2 | SCLP 2017-1 A 3.28 1/26/2026 | 122,883 | 100.44 | 123,426.70 | 0.18% | MR | 1 | |||
| 68504TAA2 | ONGLT 2015-AA A 2.88 9/8/2027 | 121,670 | 101.14 | 123,052.43 | 0.18% | MR | 1 | |||
| 64828YAR2 | NRZT 2014-2A A3 FRN 5/25/2054 | 113,782 | 106.05 | 120,668.07 | 0.18% | MR | 1 | |||
| 94981VAB3 | WFMBS 2004-K 1A2 FRN 7/25/2034 | 119,738 | 100.08 | 119,834.03 | 0.18% | MR | 1 | |||
| 86359BBS9 | SASC 2003-37A 2A FRN 12/25/2033 | 114,436 | 103.28 | 118,186.26 | 0.17% | MR | 1 | |||
| 55388PAB6 | MVWOT 2015-1A B 2.96 12/20/2032 | 116,711 | 100.73 | 117,558.57 | 0.17% | MR | 1 | |||
| 900123AW0 | REPUBLIC OF TURKEY 7.375 2/5/2025 | 105,000 | 109.95 | 115,449.50 | 0.17% | FB | 1 | |||
| 96033CAA0 | WESTR 2016-1A A 3.5 12/20/2028 | 114,741 | 100.40 | 115,203.49 | 0.17% | MR | 1 | |||
| 89178AAA4 | TPHT 2019-HE1 A1 FRN 4/25/2048 | 114,424 | 100.53 | 115,027.86 | 0.17% | MR | 1 | |||
| 03463TAA8 | AOMT 2018-1 A1 FRN 4/27/2048 | 114,207 | 100.70 | 115,002.92 | 0.17% | MR | 1 | |||
| 21052NAA0 | CLUB 2018-P2 A 3.47 10/15/2025 | 113,596 | 100.70 | 114,387.09 | 0.17% | MR | 1 | |||
| BL3112358 00001 | CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN | 109,725 | 100.30 | 110,048.69 | 0.16% | TL | 1 | |||
| 74362DAA6 | PMIT 2019-3A A 3.19 7/15/2025 | 107,892 | 100.64 | 108,580.46 | 0.16% | MR | 1 | |||
| 88033GCY4 | TENET HEALTHCARE CORP 4.875 1/1/2026 | 105,000 | 103.06 | 108,217.20 | 0.16% | B | 1 | |||
| 24702JAD1 | DEFT 2017-2 A3 2.19 10/24/2022 | 107,576 | 100.05 | 107,632.65 | 0.16% | MR | 1 | |||
| BL2870022 00001 | NEXSTAR BROADCAS 09/21/2026 | 104,738 | 100.10 | 104,839.10 | 0.15% | TL | 1 | |||
| 505742AM8 | LADDER CAP FIN LLLP/CORP 4.25 2/1/2027 | 105,000 | 98.09 | 102,992.40 | 0.15% | B | 1 | |||
| 19687VAA9 | COLT 2018-2 A1 FRN 7/27/2048 | 102,190 | 100.67 | 102,870.46 | 0.15% | MR | 1 | |||
| 42806DAH2 | HERTZ 2015-3A A 2.67 9/25/2021 | 101,000 | 100.51 | 101,514.71 | 0.15% | MR | 1 | |||
| 635419AE4 | NATCM 2008-1 2A1 6 3/25/2038 | 97,118 | 103.83 | 100,836.94 | 0.15% | MR | 1 | |||
| 20826JAB4 | CONN 2018-A B 4.65 1/15/2023 | 96,706 | 100.71 | 97,389.81 | 0.14% | MR | 1 | |||
| 31573TAC2 | EFMT 2019-2 A3 FRN 11/25/2059 | 94,720 | 100.92 | 95,594.47 | 0.14% | MR | 1 | |||
| 05367MAA5 | AVID 2018-1 A 2.84 8/15/2023 | 94,768 | 100.21 | 94,970.54 | 0.14% | MR | 1 | |||
| 36418GAU8 | GFMT 2018-2 A41 FRN 10/25/2058 | 91,414 | 102.59 | 93,777.27 | 0.14% | MR | 1 | |||
| 78471FAA0 | SCLP 2016-3 A 3.05 12/26/2025 | 92,656 | 100.27 | 92,902.42 | 0.14% | MR | 1 | |||
| 64828JAA2 | NRZT 2018-NQM1 A1 FRN 11/25/2048 | 89,422 | 102.07 | 91,271.56 | 0.13% | MR | 1 | |||
| 9292274D5 | WAMU 2003-AR6 A1 FRN 6/25/2033 | 88,801 | 102.72 | 91,215.54 | 0.13% | MR | 1 | |||
| 744320AM4 | PRUDENTIAL FINANCIAL INC FRN 6/15/2043 | 84,000 | 108.33 | 90,997.20 | 0.13% | B | 1 | |||
| 466247K51 | JPMMT 2006-A2 4A1 FRN 8/25/2034 | 83,744 | 105.13 | 88,037.50 | 0.13% | MR | 1 | |||
| 134429BE8 | CAMPBELL SOUP CO 3.65 3/15/2023 | 83,000 | 105.35 | 87,438.91 | 0.13% | B | 1 | |||
| 38061LAA7 | GLDKR 2014-A A 3.22 3/17/2031 | 86,633 | 100.08 | 86,699.04 | 0.13% | MR | 1 | |||
| 22541Q2D3 | CSFB 2003-AR30 5A1 FRN 1/25/2034 | 81,950 | 102.28 | 83,821.72 | 0.12% | MR | 1 | |||
| 03463VAA3 | AOMT 2018-2 A1 FRN 7/27/2048 | 81,439 | 101.52 | 82,680.20 | 0.12% | MR | 1 | |||
| 576436CN7 | MASD 2005-3 A2 5.704 11/25/2035 | 80,951 | 101.23 | 81,943.22 | 0.12% | MR | 1 | |||
| 17288XAB0 | CITADEL LP 4.875 1/15/2027 | 75,000 | 108.80 | 81,599.85 | 0.12% | B | 1 | |||
| 12667FRY3 | CWALT 2004-22CB 1A1 6 10/25/2034 | 78,581 | 103.04 | 80,971.16 | 0.12% | MR | 1 | |||
| 03065MAF4 | AMCAR 2015-4 C 2.88 7/8/2021 | 76,981 | 100.05 | 77,022.80 | 0.11% | MR | 1 | |||
| 33843NAE1 | FCAT 2016-2 B 3.84 9/15/2022 | 75,008 | 100.31 | 75,239.22 | 0.11% | MR | 1 | |||
| 893647BE6 | TRANSDIGM INC 6.25 3/15/2026 | 70,000 | 107.03 | 74,922.68 | 0.11% | B | 1 | |||
| BL3288513 00001 | CENTURYLINK INC 03/15/27 Term Loan | 75,000 | 99.09 | 74,320.50 | 0.11% | TL | 1 | |||
| 64829YAA8 | NRZT 2019-NQM1 A1 FRN 1/25/2049 | 70,673 | 101.13 | 71,473.24 | 0.10% | MR | 1 | |||
| 45031UCG4 | ISTAR INC 4.25 8/1/2025 | 70,000 | 101.00 | 70,700.00 | 0.10% | B | 1 | |||
| BL3108760 00001 | KESTREL BIDCO INC 12/11/26 | 70,000 | 99.17 | 69,416.55 | 0.10% | TL | 1 | |||
| 91679KAA2 | UPST 2019-1 A 3.45 4/20/2026 | 65,783 | 100.26 | 65,954.78 | 0.10% | MR | 1 | |||
| 92257LAB6 | VCC 2017-1 AFX FRN 5/25/2047 | 64,439 | 100.08 | 64,489.52 | 0.09% | MR | 1 | |||
| 89114QCA4 | TORONTO-DOMINION BANK 2.65 6/12/2024 | 57,000 | 104.36 | 59,482.66 | 0.09% | FB | 1 | |||
| 92536MAC5 | VERUS 2018-INV1 A3 FRN 3/25/2058 | 58,808 | 101.11 | 59,458.28 | 0.09% | MR | 1 | |||
| 05606VAA6 | BXGNT 2013-A A 3.01 12/4/2028 | 58,686 | 100.67 | 59,076.87 | 0.09% | MR | 1 | |||
| 24381FAC9 | DRMT 2017-3A A3 FRN 10/25/2047 | 55,268 | 100.37 | 55,473.19 | 0.08% | MR | 1 | |||
| 86359BNT4 | SARM 2004-4 3A1 FRN 4/25/2034 | 50,706 | 102.64 | 52,043.28 | 0.08% | MR | 1 | |||
| 534187AU3 | LINCOLN NATIONAL CORP FRN 4/20/2067 | 60,000 | 86.55 | 51,929.70 | 0.08% | B | 1 | |||
| 40066NAA4 | GUANAY FINANCE LTD 6 12/15/2020 | 49,908 | 101.50 | 50,656.12 | 0.07% | FB | 1 | |||
| BL3294107 | STATION CASINOS LLC 02/08/27 TERM LOAN | 50,000 | 99.85 | 49,927.00 | 0.07% | TL | ||||
| 151608AB2 | CPF 2012-2A 1 2.61 8/20/2021 | 49,034 | 99.91 | 48,989.60 | 0.07% | MR | ||||
| 82967NBE7 | SIRIUS XM RADIO INC 4.625 7/15/2024 | 45,000 | 103.97 | 46,787.18 | 0.07% | B | ||||
| 939336J38 | WAMMS 2003-AR4 2A1 FRN 8/25/2033 | 44,072 | 100.23 | 44,173.56 | 0.06% | MR | ||||
| 12652BAB7 | CPS 2017-D B 2.43 1/18/2022 | 44,004 | 100.05 | 44,025.33 | 0.06% | MR | ||||
| 92536BAA3 | VERUS 2017-1A A1 FRN 1/25/2047 | 42,299 | 100.47 | 42,498.83 | 0.06% | MR | ||||
| 94981VAY3 | WFMBS 2004-K 2A12 FRN 7/25/2034 | 40,064 | 100.14 | 40,119.49 | 0.06% | MR | ||||
| 83405XAA2 | SCLP 2018-3 A1 3.2 8/25/2027 | 31,274 | 100.12 | 31,312.67 | 0.05% | MR | ||||
| 63938CAK4 | NAVIENT CORP 5 3/15/2027 | 30,000 | 99.81 | 29,943.90 | 0.04% | B | ||||
| 538034AR0 | LIVE NATION ENTERTAINMEN 4.75 10/15/2027 | 25,000 | 103.12 | 25,780.50 | 0.04% | B | ||||
| BL3089549 00001 | Genesee & Wyoming 12/26 Cov-Lit Term Loan | 25,000 | 100.10 | 25,026.13 | 0.04% | TL | ||||
| BL2849315 00001 | COMMSCOPE INC 04/06/26 TERM LOAN | 24,938 | 99.78 | 24,883.01 | 0.04% | TL | ||||
| 91678RAB6 | UPST 2017-2 B 3.748 3/20/2025 | 23,938 | 100.10 | 23,962.97 | 0.04% | MR |
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 01/31/2020
MINC Sector Allocation
FUND
Fixed Income Attributes
As of 1/31/2020
| _ | MINC |
|---|---|
| Duration | 1.84 years |
| Yield to Maturity | 2.59 |
| 30-Day SEC Subsidized Yield | 2.36% |
| 30-Day SEC Unsubsidized Yield | 2.28% |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 03/26/2020 | 03/27/2020 | 03/31/2020 | - | - | - | - | - | FORMULA | |
| 02/24/2020 | 02/25/2020 | 02/28/2020 | $0.099280 | $0.000000 | $0.000000 | $0.000000 | $0.099280 | VALUE | |
| 01/27/2020 | 01/28/2020 | 01/31/2020 | $0.088480 | $0.000000 | $0.000000 | $0.000000 | $0.088480 | VALUE | |
| 12/27/2019 | 12/30/2019 | 12/31/2019 | $0.127970 | $0.000000 | $0.000000 | $0.000000 | $0.127970 | VALUE | |
| 11/26/2019 | 11/27/2019 | 11/29/2019 | $0.102970 | $0.000000 | $0.000000 | $0.000000 | $0.102970 | VALUE | |
| 10/28/2019 | 10/29/2019 | 10/31/2019 | $0.121710 | $0.000000 | $0.000000 | $0.000000 | $0.121710 | VALUE | |
| 09/25/2019 | 09/26/2019 | 09/30/2019 | $0.106880 | $0.000000 | $0.000000 | $0.000000 | $0.106880 | VALUE | |
| 08/27/2019 | 08/28/2019 | 08/30/2019 | $0.119360 | $0.000000 | $0.000000 | $0.000000 | $0.119360 | VALUE | |
| 07/26/2019 | 07/29/2019 | 07/31/2019 | $0.123400 | $0.000000 | $0.000000 | $0.000000 | $0.123400 | VALUE | |
| 06/25/2019 | 06/26/2019 | 06/28/2019 | $0.106400 | $0.000000 | $0.000000 | $0.000000 | $0.106400 | VALUE | |
| 05/28/2019 | 05/29/2019 | 05/31/2019 | $0.137300 | $0.000000 | $0.000000 | $0.000000 | $0.137300 | VALUE | |
| 04/25/2019 | 04/26/2019 | 04/30/2019 | $0.114600 | $0.000000 | $0.000000 | $0.000000 | $0.114600 | VALUE | |
| 03/26/2019 | 03/27/2019 | 03/29/2019 | $0.119300 | $0.000000 | $0.000000 | $0.000000 | $0.119300 | VALUE | |
| 02/27/2019 | 02/26/2019 | 02/28/2019 | $0.112690 | $0.000000 | $0.000000 | $0.000000 | $0.112690 | ||
| 01/28/2019 | 01/29/2019 | 01/31/2019 | $0.111260 | $0.000000 | $0.000000 | $0.000000 | $0.111260 | VALUE | |
| 12/27/2018 | 12/28/2018 | 12/31/2018 | $0.140510 | $0.000000 | $0.000000 | $0.000000 | $0.140510 | VALUE | |
| 11/27/2018 | 11/28/2018 | 11/30/2018 | $0.121160 | $0.000000 | $0.000000 | $0.000000 | $0.121160 | VALUE | |
| 10/26/2018 | 10/29/2018 | 10/31/2018 | $0.115210 | $0.000000 | $0.000000 | $0.000000 | $0.115210 | VALUE | |
| 09/26/2018 | 09/27/2018 | 09/28/2018 | $0.108830 | $0.000000 | $0.000000 | $0.000000 | $0.108830 | VALUE | |
| 08/27/2018 | 08/28/2018 | 08/31/2018 | $0.121190 | $0.000000 | $0.000000 | $0.000000 | $0.121190 | VALUE | |
| 07/26/2018 | 07/27/2018 | 07/31/2018 | $0.115350 | $0.000000 | $0.000000 | $0.000000 | $0.115350 | VALUE | |
| 06/25/2018 | 06/26/2018 | 06/29/2018 | $0.114380 | $0.000000 | $0.000000 | $0.000000 | $0.114380 | VALUE | |
| 05/25/2018 | 05/29/2018 | 05/31/2018 | $0.109790 | $0.000000 | $0.000000 | $0.000000 | $0.109790 | VALUE | |
| 04/25/2018 | 04/26/2018 | 04/30/2018 | $0.104700 | $0.000000 | $0.000000 | $0.000000 | $0.104700 | VALUE | |
| 03/26/2018 | 03/27/2018 | 03/29/2018 | $0.095030 | $0.000000 | $0.000000 | $0.000000 | $0.095030 | VALUE | |
| 02/26/2018 | 02/27/2018 | 02/28/2018 | $0.108500 | $0.000000 | $0.000000 | $0.000000 | $0.108500 | VALUE | |
| 01/26/2018 | 01/29/2018 | 01/31/2018 | $0.092000 | $0.000000 | $0.000000 | $0.000000 | $0.092000 | VALUE | |
| 12/27/2017 | 12/28/2017 | 12/29/2017 | $0.118770 | $0.000000 | $0.000000 | $0.000000 | $0.118770 | VALUE | |
| 11/28/2017 | 11/29/2017 | 11/30/2017 | $0.106580 | $0.000000 | $0.000000 | $0.000000 | $0.106580 | VALUE | |
| 10/27/2017 | 10/30/2017 | 10/31/2017 | $0.103030 | $0.000000 | $0.000000 | $0.000000 | $0.103030 | VALUE | |
| 09/26/2017 | 09/27/2017 | 09/29/2017 | $0.103360 | $0.000000 | $0.000000 | $0.000000 | $0.103360 | VALUE | |
| 08/25/2017 | 08/29/2017 | 08/31/2017 | $0.092930 | $0.000000 | $0.000000 | $0.000000 | $0.092930 | VALUE | |
| 07/26/2017 | 07/28/2017 | 07/31/2017 | $0.099450 | $0.000000 | $0.000000 | $0.000000 | $0.099450 | VALUE | |
| 06/23/2017 | 06/28/2017 | 06/30/2017 | $0.102540 | $0.000000 | $0.000000 | $0.000000 | $0.102540 | VALUE | |
| 05/23/2017 | 05/26/2017 | 05/31/2017 | $0.100580 | $0.000000 | $0.000000 | $0.000000 | $0.100580 | VALUE | |
| 04/21/2017 | 04/26/2017 | 04/28/2017 | $0.101160 | $0.000000 | $0.000000 | $0.000000 | $0.101160 | VALUE | |
| 03/24/2017 | 03/28/2017 | 03/31/2017 | $0.103650 | $0.000000 | $0.000000 | $0.000000 | $0.103650 | VALUE | |
| 02/23/2017 | 02/27/2017 | 02/28/2017 | $0.100240 | $0.000000 | $0.000000 | $0.000000 | $0.100240 | VALUE | |
| 01/25/2017 | 01/27/2017 | 01/31/2017 | $0.089100 | $0.000000 | $0.000000 | $0.000000 | $0.089100 | VALUE | |
| 12/23/2016 | 12/28/2016 | 12/30/2016 | $0.130700 | $0.000000 | $0.000000 | $0.000000 | $0.130700 | VALUE | |
| 11/23/2016 | 11/28/2016 | 11/30/2016 | $0.099600 | $0.000000 | $0.000000 | $0.000000 | $0.099600 | VALUE | |
| 10/25/2016 | 10/27/2016 | 10/31/2016 | $0.102400 | $0.000000 | $0.000000 | $0.000000 | $0.102400 | VALUE | |
| 09/26/2016 | 09/28/2016 | 09/30/2016 | $0.111000 | $0.000000 | $0.000000 | $0.000000 | $0.111000 | VALUE | |
| 08/25/2016 | 08/29/2016 | 08/31/2016 | $0.111100 | $0.000000 | $0.000000 | $0.000000 | $0.111100 | VALUE | |
| 07/25/2016 | 07/27/2016 | 07/29/2016 | $0.114300 | $0.000000 | $0.000000 | $0.000000 | $0.114300 | VALUE | |
| 06/24/2016 | 06/28/2016 | 06/30/2016 | $0.115800 | $0.000000 | $0.000000 | $0.000000 | $0.115800 | VALUE | |
| 05/24/2016 | 05/26/2016 | 05/31/2016 | $0.111800 | $0.000000 | $0.000000 | $0.000000 | $0.111800 | VALUE | |
| 04/25/2016 | 04/27/2016 | 04/29/2016 | $0.123900 | $0.000000 | $0.000000 | $0.000000 | $0.123900 | VALUE | |
| 03/24/2016 | 03/29/2016 | 03/31/2016 | $0.121700 | $0.000000 | $0.000000 | $0.000000 | $0.121700 | VALUE | |
| 02/23/2016 | 02/25/2016 | 02/29/2016 | $0.102900 | $0.000000 | $0.000000 | $0.000000 | $0.102900 | VALUE | |
| 01/25/2016 | 01/27/2016 | 01/29/2016 | $0.088300 | $0.000000 | $0.000000 | $0.000000 | $0.088300 | VALUE | |
| 12/24/2015 | 12/29/2015 | 12/31/2015 | $0.146700 | $0.000000 | $0.000000 | $0.000000 | $0.146700 | VALUE | |
| 11/23/2015 | 11/25/2015 | 11/30/2015 | $0.107300 | $0.000000 | $0.000000 | $0.000000 | $0.107300 | VALUE | |
| 10/26/2015 | 10/28/2015 | 10/30/2015 | $0.119200 | $0.000000 | $0.000000 | $0.000000 | $0.119200 | VALUE | |
| 09/24/2015 | 09/28/2015 | 09/30/2015 | $0.115900 | $0.000000 | $0.000000 | $0.000000 | $0.115900 | VALUE | |
| 08/25/2015 | 08/27/2015 | 08/31/2015 | $0.119600 | $0.000000 | $0.000000 | $0.000000 | $0.119600 | VALUE | |
| 07/24/2015 | 07/28/2015 | 07/30/2015 | $0.094200 | $0.000000 | $0.000000 | $0.000000 | $0.094200 | VALUE | |
| 06/24/2015 | 06/26/2015 | 06/30/2015 | $0.123000 | $0.000000 | $0.000000 | $0.000000 | $0.123000 | VALUE | |
| 05/22/2015 | 05/27/2015 | 05/29/2015 | $0.101100 | $0.000000 | $0.000000 | $0.000000 | $0.101100 | VALUE | |
| 04/24/2015 | 04/28/2015 | 04/30/2015 | $0.112400 | $0.000000 | $0.000000 | $0.000000 | $0.112400 | VALUE | |
| 03/25/2015 | 03/27/2015 | 03/31/2015 | $0.121500 | $0.000000 | $0.000000 | $0.000000 | $0.121500 | VALUE | |
| 02/23/2015 | 02/25/2015 | 02/27/2015 | $0.105100 | $0.000000 | $0.000000 | $0.000000 | $0.105100 | ||
| 01/26/2015 | 01/28/2015 | 01/30/2015 | $0.079400 | $0.000000 | $0.000000 | $0.000000 | $0.079400 | ||
| 12/24/2014 | 12/29/2014 | 12/31/2014 | $0.164000 | $0.000000 | $0.000000 | $0.000000 | $0.164000 | ||
| 11/21/2014 | 11/25/2014 | 11/28/2014 | $0.095000 | $0.000000 | $0.000000 | $0.000000 | $0.095000 | ||
| 10/27/2014 | 10/29/2014 | 10/31/2014 | $0.128000 | $0.000000 | $0.000000 | $0.000000 | $0.128000 | ||
| 09/24/2014 | 09/26/2014 | 09/30/2014 | $0.114000 | $0.000000 | $0.000000 | $0.000000 | $0.114000 | ||
| 08/25/2014 | 08/27/2014 | 08/29/2014 | $0.115000 | $0.000000 | $0.000000 | $0.000000 | $0.115000 | ||
| 07/25/2014 | 07/29/2014 | 07/31/2014 | $0.114000 | $0.000000 | $0.000000 | $0.000000 | $0.114000 | ||
| 06/24/2014 | 06/26/2014 | 06/30/2014 | $0.123000 | $0.000000 | $0.000000 | $0.000000 | $0.123000 | ||
| 05/23/2014 | 05/28/2014 | 05/30/2014 | $0.097000 | $0.000000 | $0.000000 | $0.000000 | $0.097000 | ||
| 04/24/2014 | 04/28/2014 | 04/30/2014 | $0.113000 | $0.000000 | $0.000000 | $0.000000 | $0.113000 | ||
| 03/25/2014 | 03/27/2014 | 03/31/2014 | $0.111000 | $0.000000 | $0.000000 | $0.000000 | $0.111000 | ||
| 02/24/2014 | 02/26/2014 | 02/28/2014 | $0.126000 | $0.000000 | $0.000000 | $0.000000 | $0.126000 | ||
| 01/27/2014 | 01/29/2014 | 01/31/2014 | $0.095000 | $0.000000 | $0.000000 | $0.000000 | $0.095000 | ||
| 12/24/2013 | 12/27/2013 | 12/31/2013 | $0.132000 | $0.000000 | $0.000000 | $0.000000 | $0.132000 | ||
| 11/22/2013 | 11/26/2013 | 11/29/2013 | $0.109000 | $0.000000 | $0.000000 | $0.000000 | $0.109000 | ||
| 10/25/2013 | 10/29/2013 | 10/31/2013 | $0.121000 | $0.000000 | $0.000000 | $0.000000 | $0.121000 | ||
| 09/24/2013 | 09/26/2013 | 09/30/2013 | $0.106000 | $0.000000 | $0.000000 | $0.000000 | $0.106000 | ||
| 08/26/2013 | 08/28/2013 | 08/30/2013 | $0.114000 | $0.000000 | $0.000000 | $0.000000 | $0.114000 | ||
| 07/25/2013 | 07/29/2013 | 07/31/2013 | $0.109000 | $0.000000 | $0.000000 | $0.000000 | $0.109000 | ||
| 06/24/2013 | 06/26/2013 | 06/28/2013 | $0.108000 | $0.000000 | $0.000000 | $0.000000 | $0.108000 | ||
| 05/24/2013 | 05/29/2013 | 05/31/2013 | $0.093000 | $0.000000 | $0.000000 | $0.000000 | $0.093000 | ||
| 04/24/2013 | 04/26/2013 | 04/30/2013 | $0.051000 | $0.000000 | $0.000000 | $0.000000 | $0.051000 |
Contact Info
info@advisorshares.com
1.877.843.3831
Location
AdvisorShares Investments, LLC
4800 Montgomery Lane,
Suite 150
Bethesda, Maryland 20814
Privacy
Copyright © AdvisorShares 2019 • Foreside Fund Services, LLC Distributor
- 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.
- Overall MINC Morningstar rating is derived from a weighted average of the fund’s 3-, 5-, and 10- year (if applicable) risk-adjusted returns as of 1/31/2020. The Short-Term Bond Category consists of 494 funds in 3 year and 444 in 5 year. MINC received a 4 star rating for the Overall Period and a 4 star rating in the 5-year period. The Short-Term Bond Category consists of 494 funds in Overall Period and 444 in 5-year period. .
The Morningstar Rating™ for funds, or “star rating,” is calculated for managed products with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three- and five-year Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns.
© 2020 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
- 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.