(MINC) NEWFLEET MULTI-SECTOR INCOME ETF
NAV as of 10/18/2019
$48.62
1 Day NAV Change as of 10/18/2019
$0.04
Morningstar Rating
Short-Term Multi-Sector Bond
Overall rating as of 9/30/2019 based on risk adjusted returns of 488 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 10/18/2019
| NAV | $48.62 | Closing Price | $48.62 |
| Change | $0.04 | Close Change | $0.02 |
| Shares Outstanding | 1,500,000 | Volume | 2,578 |
| 4PM Bid/Offer Midpoint | $48.54 | Premium Discount | $-0.08 |
| Assets Under Management | $72,929,294.95 |
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 9/30/2019
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 0.07 | 0.09 | -0.53 | 0.18 |
| 3 Months | 0.90 | 0.89 | 2.27 | 0.54 |
| YTD | 4.69 | 4.67 | 8.52 | 1.76 |
| 1 Year | 4.40 | 4.37 | 10.30 | 0.18 |
| 3 Years | 2.45 | 2.40 | 2.92 | 0.54 |
| 5 Years | 2.41 | 2.37 | 3.38 | 0.94 |
| Since Inception (3/19/2013, Annualized) | 2.27 | 2.25 | 2.92 | 0.72 |
As of 9/30/2019
| NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
|---|---|---|---|---|
| 1 Month | 0.07 | 0.09 | -0.53 | 0.18 |
| 3 Months | 0.90 | 0.89 | 2.27 | 0.54 |
| YTD | 4.69 | 4.67 | 8.52 | 1.76 |
| 1 Year | 4.40 | 4.37 | 10.30 | 2.33 |
| 3 Years | 2.45 | 2.40 | 2.92 | 1.49 |
| 5 Years | 2.41 | 2.37 | 3.38 | 0.94 |
| Since Inception (3/19/2013, Annualized) | 2.27 | 2.25 | #N/A | 0.72 |
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 10/18/2019
| Date | Account Symbol | Stock Ticker | Security Number | Security | Shares | Price | Market Value | Weight % | Asset Group | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10/18/2019 | MINC | 9128286Y1 | US TREASURY N/B 1.75 6/15/2022 | 1,610,000 | 100.54 | 1,618,773.24 | 2.22% | TN | 1 | |
| 61746BEC6 | MORGAN STANLEY FRN 10/24/2023 | 870,000 | 102.05 | 887,802.47 | 1.22% | B | 1 | |||
| 78403DAL4 | SBA TOWER TRUST 3.168 4/11/2022 | 780,000 | 101.13 | 788,811.19 | 1.08% | B | 1 | |||
| 78403DAK6 | SBA TOWER TRUST 2.877 7/9/2021 | 780,000 | 100.47 | 783,678.01 | 1.07% | B | 1 | |||
| 31418DC67 | FN MA3692 3.5 7/1/2049 | 702,854 | 102.38 | 719,580.21 | 0.99% | FM | 1 | |||
| 12433UAG0 | BX 2018-GW B FRN 5/15/2035 | 700,000 | 99.97 | 699,763.75 | 0.96% | MR | 1 | |||
| 32059BAE8 | FIAOT 2017-2A B 2.65 11/15/2022 | 650,000 | 100.31 | 652,001.94 | 0.89% | MR | 1 | |||
| 17121FAG9 | CCART 2015-BA D 4.17 1/16/2023 | 635,000 | 100.25 | 636,598.17 | 0.87% | MR | 1 | |||
| 88642MAC4 | TMCAT 2018-AA B 3.45 11/15/2024 | 525,000 | 101.03 | 530,425.04 | 0.73% | MR | 1 | |||
| 64829HAA5 | NRZT 2016-3A A1 FRN 9/25/2056 | 498,728 | 103.99 | 518,650.93 | 0.71% | MR | 1 | |||
| 85572MAA8 | SWH 2017-1 A FRN 1/17/2035 | 484,491 | 100.17 | 485,329.15 | 0.67% | MR | 1 | |||
| 07384M4H2 | BSARM 2004-10 21A1 FRN 1/25/2035 | 467,328 | 103.35 | 482,984.15 | 0.66% | MR | 1 | |||
| 17320XAA2 | CMLTI 2013-A A FRN 5/25/2042 | 488,169 | 98.68 | 481,702.06 | 0.66% | MR | 1 | |||
| 36416UAG0 | GFMT 2017-1 A21 FRN 7/25/2056 | 468,935 | 101.79 | 477,317.89 | 0.65% | MR | 1 | |||
| 201736AC9 | CMLBC 2001-CMLB A3 FRN 6/20/2031 | 460,000 | 102.20 | 470,108.50 | 0.64% | MR | 1 | |||
| 301656AE4 | EART 2018-1A C 3.03 1/17/2023 | 465,000 | 100.59 | 467,753.45 | 0.64% | MR | 1 | |||
| 12770QAJ4 | CZR 2017-VICI C 4.1384 10/15/2034 | 445,000 | 104.55 | 465,257.82 | 0.64% | MR | 1 | |||
| 258258AA0 | DORIC NIMROD AIR 2012-1A 5.125 11/30/2022 | 452,432 | 101.64 | 459,838.85 | 0.63% | FB | 1 | |||
| 46641YAN3 | JPMMT 2014-2 AM FRN 6/25/2029 | 446,826 | 101.36 | 452,902.11 | 0.62% | MR | 1 | |||
| 35105DAE1 | FCRT 2018-1 C 3.68 8/15/2023 | 445,000 | 101.77 | 452,889.36 | 0.62% | MR | 1 | |||
| 30167BAC5 | EART 2018-2A C 3.69 3/15/2023 | 445,000 | 101.22 | 450,435.94 | 0.62% | MR | 1 | |||
| 11135FAD3 | BROADCOM INC 3.625 10/15/2024 | 425,000 | 102.63 | 436,179.59 | 0.60% | B | 1 | |||
| 46625HKK5 | JPMORGAN CHASE & CO 5.3 PERPETUAL 12/1/2065 | 430,000 | 101.15 | 434,951.45 | 0.60% | B | 1 | |||
| 378272AF5 | GLENCORE FUNDING LLC 4.125 5/30/2023 | 410,000 | 104.72 | 429,337.80 | 0.59% | FB | 1 | |||
| 30166MAC2 | EART 2017-2A B 2.82 5/16/2022 | 424,957 | 100.19 | 425,760.55 | 0.58% | MR | 1 | |||
| 02530AAE2 | ACAR 2018-3 C 3.75 10/15/2024 | 415,000 | 100.98 | 419,064.30 | 0.57% | MR | 1 | |||
| 80284TAK1 | SDART 2017-1 C 2.58 5/16/2022 | 411,507 | 100.13 | 412,041.20 | 0.56% | MR | 1 | |||
| 24702JAD1 | DEFT 2017-2 A3 2.19 10/24/2022 | 408,756 | 100.04 | 408,903.83 | 0.56% | MR | 1 | |||
| 12648HAK1 | CSMC 2014-IVR2 A2 FRN 4/25/2044 | 404,423 | 100.76 | 407,487.19 | 0.56% | MR | 1 | |||
| 24380RAA8 | DRMT 2019-1A A1 FRN 1/25/2059 | 401,085 | 101.17 | 405,763.69 | 0.56% | MR | 1 | |||
| 52603JAA8 | LFT 2018-2A A 4.23 4/20/2027 | 390,000 | 103.67 | 404,312.88 | 0.55% | MR | 1 | |||
| 68376VAA2 | OPTN 2018-B A 3.91 7/8/2024 | 390,000 | 101.67 | 396,517.13 | 0.54% | MR | 1 | |||
| 49456BAB7 | KINDER MORGAN INC 5.625 11/15/2023 | 355,000 | 111.18 | 394,698.85 | 0.54% | B | 1 | |||
| 9128286B1 | US TREASURY N/B 2.625 2/15/2029 | 365,000 | 107.62 | 392,824.12 | 0.54% | TN | 1 | |||
| 86359BHJ3 | SASC 2004-4XS A3A 5.212776 2/25/2034 | 372,246 | 104.59 | 389,332.44 | 0.53% | MR | 1 | |||
| 02529MAE9 | ACAR 2018-4 C 3.97 1/13/2025 | 380,000 | 101.70 | 386,467.45 | 0.53% | MR | 1 | |||
| 96042GAJ1 | WLAKE 2018-3A C 3.61 10/16/2023 | 380,000 | 101.67 | 386,327.15 | 0.53% | MR | 1 | |||
| 03237JAB3 | AXIS 2018-2A A2 3.89 7/20/2022 | 369,489 | 101.39 | 374,633.60 | 0.51% | MR | 1 | |||
| 16158RAD8 | CHASE 2019-ATR1 A4 FRN 4/25/2049 | 372,626 | 100.54 | 374,620.46 | 0.51% | MR | 1 | |||
| 89690EAF4 | TRMF 2017-1A A1 2.709 8/15/2047 | 374,014 | 100.13 | 374,501.76 | 0.51% | MR | 1 | |||
| 064058AD2 | BNYM CORP 4.950000 12/49 PERPETUAL | 360,000 | 101.29 | 364,654.80 | 0.50% | B | 1 | |||
| 345397XQ1 | FORD MOTOR CREDIT CO LLC 3.2 1/15/2021 | 360,000 | 100.19 | 360,697.89 | 0.49% | B | 1 | |||
| 32057HAG2 | FIAOT 2016-2A C 2.53 7/15/2022 | 355,000 | 100.15 | 355,519.26 | 0.49% | MR | 1 | |||
| 19687XAA5 | COLT 2019-1 A1 FRN 3/25/2049 | 350,888 | 101.15 | 354,917.61 | 0.49% | MR | 1 | |||
| 64829LAA6 | NRZT 2016-4A A1 FRN 11/25/2056 | 338,144 | 104.63 | 353,811.33 | 0.49% | MR | 1 | |||
| 30167DAC1 | EART 2019-1A C 3.82 12/16/2024 | 345,000 | 102.43 | 353,388.19 | 0.48% | MR | 1 | |||
| 59980TAA4 | MCMLT 2016-1 A1 FRN 4/25/2057 | 349,427 | 100.40 | 350,815.53 | 0.48% | MR | 1 | |||
| 59020ULQ6 | MLMI 2004-A4 A1 FRN 8/25/2034 | 344,685 | 101.67 | 350,438.97 | 0.48% | MR | 1 | |||
| 125523AB6 | CIGNA CORP FRN 9/17/2021 | 350,000 | 100.01 | 350,036.50 | 0.48% | B | 1 | |||
| 69362BBC5 | PSEG POWER LLC 3.85 6/1/2023 | 330,000 | 105.83 | 349,241.42 | 0.48% | B | 1 | |||
| 03065MAF4 | AMCAR 2015-4 C 2.88 7/8/2021 | 348,645 | 100.16 | 349,217.45 | 0.48% | MR | 1 | |||
| 96033WAA6 | WESTR 2018-1A A 3.38 12/20/2031 | 344,314 | 101.26 | 348,645.83 | 0.48% | MR | 1 | |||
| 06051GGJ2 | BANK OF AMERICA CORP FRN 4/24/2023 | 345,000 | 100.81 | 347,807.89 | 0.48% | B | 1 | |||
| 46644XAC6 | JPMMT 2015-5 A2 FRN 5/25/2045 | 344,260 | 100.20 | 344,959.21 | 0.47% | MR | 1 | |||
| 44106MAS1 | SERVICE PROPERTIES TRUST 4.65 3/15/2024 | 330,000 | 103.08 | 340,169.32 | 0.47% | B | 1 | |||
| 05606XAA2 | BXGNT 2015-A A 2.88 5/2/2030 | 336,985 | 100.01 | 337,019.81 | 0.46% | MR | 1 | |||
| 89172UAA6 | TPMT 2016-4 A1 FRN 7/25/2056 | 335,956 | 99.97 | 335,863.16 | 0.46% | MR | 1 | |||
| 87165BAN3 | SYNCHRONY FINANCIAL 4.375 3/19/2024 | 315,000 | 106.07 | 334,115.53 | 0.46% | B | 1 | |||
| 38141GWC4 | GOLDMAN SACHS GROUP INC 3 4/26/2022 | 330,000 | 101.25 | 334,113.70 | 0.46% | B | 1 | |||
| 17327DAA9 | CMLTI 2018-RP3 A1 FRN 3/25/2061 | 328,133 | 101.59 | 333,336.89 | 0.46% | MR | 1 | |||
| 07331YAA8 | BOMFT 2017-SPL4 A FRN 1/28/2055 | 323,611 | 102.17 | 330,642.70 | 0.45% | MR | 1 | |||
| 02209SBB8 | ALTRIA GROUP INC 3.8 2/14/2024 | 313,000 | 104.63 | 327,476.75 | 0.45% | B | 1 | |||
| 05584AAA8 | HGVGI 2017-1A A 2.94 5/25/2029 | 320,170 | 100.94 | 323,164.05 | 0.44% | MR | 1 | |||
| 501890AA5 | LHOME 2019-RTL1 A1 4.58 10/25/2023 | 315,000 | 102.21 | 321,952.68 | 0.44% | MR | 1 | |||
| 89614SAB5 | TAST 2018-2A B 4.76 2/15/2022 | 308,465 | 103.88 | 320,429.93 | 0.44% | MR | 1 | |||
| BL318308600001 | VIRGIN MEDIA 9/19 (USD) 01/31/28 TERM LOAN | 320,000 | 99.88 | 319,600.00 | 0.44% | TL | 1 | |||
| 88161NAB5 | TESLA 2018-B B 4.12 10/20/2021 | 310,000 | 102.62 | 318,119.33 | 0.44% | MR | 1 | |||
| 05369AAC5 | AVIATION CAPITAL GROUP 3.875 5/1/2023 | 306,000 | 103.46 | 316,596.64 | 0.43% | B | 1 | |||
| 17322GAA7 | CMLTI 2014-A A FRN 1/25/2035 | 300,239 | 103.97 | 312,164.18 | 0.43% | MR | 1 | |||
| 32059TAE9 | FIAOT 2019-1A C 3.26 3/17/2025 | 305,000 | 102.25 | 311,863.05 | 0.43% | MR | 1 | |||
| 90352VAB2 | USAUT 2019-1A B 3.99 12/15/2022 | 305,000 | 101.86 | 310,683.01 | 0.43% | MR | 1 | |||
| 07274NAC7 | BAYER US FINANCE II LLC FRN 6/25/2021 | 310,000 | 100.16 | 310,507.45 | 0.43% | FB | 1 | |||
| 17323MAA3 | CMLTI 2015-A A1 FRN 6/25/2058 | 306,704 | 101.23 | 310,480.24 | 0.43% | MR | 1 | |||
| 86359BNU1 | SARM 2004-4 3A2 FRN 4/25/2034 | 294,990 | 104.70 | 308,853.61 | 0.42% | MR | 1 | |||
| 43789AAA2 | HOF 2018-1 A1 FRN 6/25/2048 | 304,066 | 101.36 | 308,198.94 | 0.42% | MR | 1 | |||
| 78471WAB1 | SCLP 2018-2 A2 3.35 4/26/2027 | 305,000 | 100.91 | 307,767.14 | 0.42% | MR | 1 | |||
| 43789EAA4 | HOF 2019-1 A1 FRN 1/25/2059 | 298,907 | 101.17 | 302,391.96 | 0.41% | MR | 1 | |||
| 134429BE8 | CAMPBELL SOUP CO 3.65 3/15/2023 | 290,000 | 104.26 | 302,351.95 | 0.41% | B | 1 | |||
| 21872BAA4 | CAFL 2018-1 A 3.804 6/15/2051 | 287,549 | 104.04 | 299,174.53 | 0.41% | MR | 1 | |||
| 466247NT6 | JPMMT 2005-A2 4A1 FRN 4/25/2035 | 291,721 | 102.51 | 299,035.87 | 0.41% | MR | 1 | |||
| 42806DBC2 | HERTZ 2016-4A A 2.65 7/25/2022 | 295,000 | 100.42 | 296,238.53 | 0.41% | MR | 1 | |||
| 12592BAJ3 | CNH INDUSTRIAL CAP LLC 4.2 1/15/2024 | 280,000 | 105.79 | 296,204.52 | 0.41% | B | 1 | |||
| 03066HAG2 | AMCAR 2018-1 D 3.82 3/18/2024 | 285,000 | 103.78 | 295,784.94 | 0.41% | MR | 1 | |||
| 89172YAA8 | TPMT 2016-3 A1 FRN 4/25/2056 | 289,822 | 99.96 | 289,700.02 | 0.40% | MR | 1 | |||
| 23343CAE1 | DTAOT 2018-3A C 3.79 7/15/2024 | 280,000 | 102.13 | 285,958.18 | 0.39% | MR | 1 | |||
| BL270111000001 | VALEANT 06/02/25 TERM LOAN | 284,392 | 100.35 | 285,398.53 | 0.39% | TL | 1 | |||
| 62854AAN4 | MYLAN NV 3.95 6/15/2026 | 275,000 | 103.46 | 284,522.35 | 0.39% | B | 1 | |||
| BL257455800001 | CALPINE CORPORATION 01/15/24 TERM LOAN | 281,083 | 100.32 | 281,975.74 | 0.39% | TL | 1 | |||
| 172967MB4 | CITIGROUP INC FRN 7/1/2026 | 275,000 | 101.65 | 279,536.50 | 0.38% | B | 1 | |||
| 35040UAA9 | FFIN 2017-1A A 3.3 7/15/2033 | 277,889 | 100.57 | 279,470.69 | 0.38% | MR | 1 | |||
| 86934NAA7 | SCML 2018-SBC7 A FRN 5/25/2039 | 274,546 | 101.57 | 278,847.12 | 0.38% | MR | 1 | |||
| 40066NAA4 | GUANAY FINANCE LTD 6 12/15/2020 | 275,175 | 101.18 | 278,408.37 | 0.38% | FB | 1 | |||
| 92537FAA3 | VERUS 2019-INV1 A1 FRN 12/25/2059 | 273,483 | 101.09 | 276,457.59 | 0.38% | MR | 1 | |||
| 38141GXD1 | GOLDMAN SACHS GROUP INC FRN 5/15/2026 | 270,000 | 100.71 | 271,926.79 | 0.37% | B | 1 | |||
| 92343VEP5 | VERIZON COMMUNICATIONS FRN 5/15/2025 | 267,000 | 101.59 | 271,237.29 | 0.37% | B | 1 | |||
| 30165YAC7 | EART 2017-3A B 2.81 9/15/2022 | 270,000 | 100.40 | 271,082.92 | 0.37% | MR | 1 | |||
| 12647JBJ0 | CSMC 2013-HYB1 A16 FRN 4/25/2043 | 269,896 | 100.08 | 270,109.63 | 0.37% | MR | 1 | |||
| 91833JAA8 | VOLT 2019-NPL1 A1A FRN 1/25/2049 | 267,159 | 100.91 | 269,591.68 | 0.37% | MR | 1 | |||
| 67098AAC3 | OBX 2019-INV1 A3 FRN 11/25/2048 | 259,684 | 103.53 | 268,859.99 | 0.37% | MR | 1 | |||
| 94989EAE7 | WFCM 2015-LC20 A5 3.184 4/15/2050 | 255,000 | 104.51 | 266,510.90 | 0.37% | MR | 1 | |||
| 709599BC7 | PENSKE TRUCK LEASING/PTL 4.125 8/1/2023 | 250,000 | 106.05 | 265,122.51 | 0.36% | B | 1 | |||
| 91679KAA2 | UPST 2019-1 A 3.45 4/20/2026 | 261,750 | 100.34 | 262,635.73 | 0.36% | MR | 1 | |||
| BL235595800001 | STATION CASINOS LLC 06/08/23 TERM LOAN | 261,660 | 100.37 | 262,614.87 | 0.36% | TL | 1 | |||
| 24703DAY7 | DELL INT LLC / EMC CORP 4 7/15/2024 | 250,000 | 104.99 | 262,465.03 | 0.36% | B | 1 | |||
| 120568BA7 | BUNGE LTD FINANCE CORP 4.35 3/15/2024 | 245,000 | 105.53 | 258,540.26 | 0.35% | B | 1 | |||
| 00772BAF8 | AERCAP IRELAND CAP/GLOBA 4.5 5/15/2021 | 250,000 | 103.29 | 258,234.44 | 0.35% | FB | 1 | |||
| 68268XAC5 | ODART 2018-1A C 3.85 10/14/2025 | 250,000 | 102.89 | 257,215.00 | 0.35% | MR | 1 | |||
| 05526DAV7 | BAT CAPITAL CORP 2.764 8/15/2022 | 255,000 | 100.84 | 257,149.70 | 0.35% | FB | 1 | |||
| 35634BAB1 | FREED 2018-2 B 4.61 10/20/2025 | 250,000 | 102.79 | 256,982.28 | 0.35% | MR | 1 | |||
| 46647PAD8 | JPMORGAN CHASE & CO FRN 4/25/2023 | 255,000 | 100.68 | 256,740.38 | 0.35% | B | 1 | |||
| 89171VAB3 | TPMT 2015-5 A2 FRN 5/25/2055 | 250,000 | 102.07 | 255,172.40 | 0.35% | MR | 1 | |||
| 78432BAA7 | SGR 2019-3 A1 FRN 9/25/2059 | 255,000 | 100.00 | 254,995.97 | 0.35% | MR | 1 | |||
| BL237116100001 | CENTURYLINK INC 01/31/ 01/31/25 TERM LOAN | 254,832 | 99.32 | 253,098.99 | 0.35% | TL | 1 | |||
| 05357HAJ9 | AVMT 2013-AVM C FRN 12/5/2032 | 250,000 | 101.03 | 252,564.73 | 0.35% | MR | 1 | |||
| 45580KAJ7 | IND & COMM BK CHINA/NY 2.957 11/8/2022 | 250,000 | 100.90 | 252,244.79 | 0.35% | FB | 1 | |||
| 233293AP4 | DPL INC 4.35 4/15/2029 | 250,000 | 99.53 | 248,830.47 | 0.34% | B | 1 | |||
| 80282KAW6 | SANTANDER HOLDINGS USA 3.5 6/7/2024 | 240,000 | 102.74 | 246,574.92 | 0.34% | B | 1 | |||
| 228227BE3 | CROWN CASTLE INTL CORP 4.875 4/15/2022 | 230,000 | 106.45 | 244,826.05 | 0.34% | B | 1 | |||
| 46641YAJ2 | JPMMT 2014-2 2A2 FRN 6/25/2029 | 238,060 | 102.68 | 244,447.62 | 0.34% | MR | 1 | |||
| 26209WAF0 | DRIVE 2019-3 C 2.9 8/15/2025 | 240,000 | 101.23 | 242,949.31 | 0.33% | MR | 1 | |||
| BL255241400001 | INEOS US FINANCE 04/01/24 Term Loan | 244,484 | 99.09 | 242,255.23 | 0.33% | TL | 1 | |||
| 45031UBZ3 | iStar Inc 6 4/1/2022 | 235,000 | 103.00 | 242,050.00 | 0.33% | B | 1 | |||
| 76119MAA7 | RMLT 2019-1 A1 FRN 10/25/2058 | 237,476 | 101.56 | 241,174.65 | 0.33% | MR | 1 | |||
| 69358XAA8 | PRPM 2019-2A A1 FRN 4/25/2024 | 239,606 | 100.44 | 240,667.56 | 0.33% | MR | 1 | |||
| 92840VAD4 | VISTRA OPERATIONS CO LLC 3.55 7/15/2024 | 235,000 | 102.21 | 240,189.93 | 0.33% | B | 1 | |||
| 57109HAA0 | MFT 2019-2A A 3.13 7/16/2029 | 236,328 | 100.85 | 238,342.90 | 0.33% | MR | 1 | |||
| 55389PAA7 | MVWOT 2019-1A A 2.89 11/20/2036 | 228,821 | 101.88 | 233,117.44 | 0.32% | MR | 1 | |||
| 07386HJG7 | BALTA 2004-5 3A1 FRN 6/25/2034 | 221,377 | 104.18 | 230,635.58 | 0.32% | MR | 1 | |||
| 00969DAA8 | AJAXM 2017-B A FRN 9/25/2056 | 227,668 | 100.45 | 228,700.79 | 0.31% | MR | 1 | |||
| 247126AJ4 | APTIV CORP 4.15 3/15/2024 | 215,000 | 105.94 | 227,766.34 | 0.31% | B | 1 | |||
| 455780BQ8 | REPUBLIC OF INDONESIA 5.875 1/15/2024 | 200,000 | 112.98 | 225,956.64 | 0.31% | FB | 1 | |||
| 05401AAF8 | AVOLON HOLDINGS FNDG LTD 3.95 7/1/2024 | 217,000 | 103.45 | 224,475.65 | 0.31% | FB | 1 | |||
| 038370AA0 | AQFIT 2019-A A 3.14 7/16/2040 | 220,000 | 100.42 | 220,919.38 | 0.30% | MR | 1 | |||
| 36258AAB6 | GCAR 2019-3A B 2.72 6/17/2024 | 220,000 | 100.42 | 220,917.58 | 0.30% | MR | 1 | |||
| 96042FAF1 | WLAKE 2018-2A D 4 1/16/2024 | 215,000 | 102.54 | 220,461.77 | 0.30% | MR | 1 | |||
| 30167GAE0 | EART 2019-4A C 2.44 9/16/2024 | 220,000 | 100.12 | 220,271.99 | 0.30% | MR | 1 | |||
| 57110AAA2 | MFT 2019-4A A 2.39 12/17/2029 | 220,000 | 99.99 | 219,987.17 | 0.30% | MR | 1 | |||
| 55400DAA9 | MVWOT 2019-2A A 2.22 10/20/2038 | 220,000 | 99.92 | 219,830.86 | 0.30% | MR | 1 | |||
| 05492MAC9 | BCCFC 2019-1A B 2.664 9/20/2024 | 220,000 | 99.87 | 219,707.81 | 0.30% | MR | 1 | |||
| 30312JAB4 | FREED 2019-2 B 3.19 11/18/2026 | 220,000 | 99.76 | 219,475.78 | 0.30% | MR | 1 | |||
| 81747EAM9 | SEMT 2018-CH2 A12 FRN 6/25/2048 | 215,311 | 101.25 | 218,004.00 | 0.30% | MR | 1 | |||
| 172967LH2 | CITIGROUP INC FRN 4/25/2022 | 215,000 | 101.23 | 217,635.72 | 0.30% | B | 1 | |||
| 92536FAA4 | VERUS 2018-1 A1 FRN 2/25/2048 | 216,683 | 100.32 | 217,384.33 | 0.30% | MR | 1 | |||
| 00085MAA7 | ACC 2019-1 A 3.75 5/20/2022 | 215,838 | 100.59 | 217,109.48 | 0.30% | MR | 1 | |||
| 68504UAB7 | ONGLT 2019-A B 3.36 4/9/2038 | 213,526 | 101.60 | 216,940.76 | 0.30% | MR | 1 | |||
| 252722AB9 | DROT 2019-1A B 3.53 2/20/2032 | 216,661 | 100.05 | 216,770.96 | 0.30% | MR | 1 | |||
| 205887CA8 | CONAGRA BRANDS INC 4.3 5/1/2024 | 200,000 | 107.66 | 215,318.45 | 0.30% | B | 1 | |||
| 23343GAE2 | DTAOT 2019-1A C 3.61 11/15/2024 | 210,000 | 102.10 | 214,413.11 | 0.29% | MR | 1 | |||
| 85208NAD2 | SPRINT SPECTRUM / SPEC I 4.738 3/20/2025 | 200,000 | 106.66 | 213,310.00 | 0.29% | B | 1 | |||
| 86359BGQ8 | SARM 2004-1 6A FRN 2/25/2034 | 207,099 | 102.47 | 212,222.09 | 0.29% | MR | 1 | |||
| 916780AA7 | UPST 2019-2 A 2.897 9/20/2029 | 211,274 | 100.36 | 212,037.53 | 0.29% | MR | 1 | |||
| 629377CK6 | NRG ENERGY INC 3.75 6/15/2024 | 204,000 | 103.52 | 211,178.19 | 0.29% | B | 1 | |||
| 92872KAA5 | VOLT 2019-NPL2 A1 FRN 2/25/2049 | 210,136 | 100.42 | 211,023.12 | 0.29% | MR | 1 | |||
| 80282KAT3 | SANTANDER HOLDINGS USA 3.7 3/28/2022 | 205,000 | 102.64 | 210,419.23 | 0.29% | B | 1 | |||
| 83405AAA2 | SCLP 2017-1 A 3.28 1/26/2026 | 208,299 | 100.75 | 209,860.99 | 0.29% | MR | 1 | |||
| 83405TAA1 | SCLP 2019-3 A 2.9 5/25/2028 | 206,393 | 100.79 | 208,018.21 | 0.29% | MR | 1 | |||
| 90945QAD3 | UACST 2019-1 D 3.47 8/12/2024 | 205,000 | 101.22 | 207,494.30 | 0.28% | MR | 1 | |||
| 02530DAC0 | ACAR 2019-2 C 3.17 6/12/2025 | 205,000 | 101.12 | 207,290.75 | 0.28% | MR | 1 | |||
| 36228FPE0 | GSR 2003-3F 1A6 6 4/25/2033 | 193,268 | 106.50 | 205,828.88 | 0.28% | MR | 1 | |||
| 03846JW22 | ARAB REPUBLIC OF EGYPT 5.875 6/11/2025 | 200,000 | 102.84 | 205,681.40 | 0.28% | FB | 1 | |||
| 66977WAP4 | NOVA CHEMICALS CORP 5 5/1/2025 | 200,000 | 102.25 | 204,500.00 | 0.28% | FB | 1 | |||
| 900123CV0 | REPUBLIC OF TURKEY 6.35 8/10/2024 | 200,000 | 101.77 | 203,546.60 | 0.28% | FB | 1 | |||
| 12625GAC8 | CNOOC FINANCE 2013 LTD 3 5/9/2023 | 200,000 | 101.68 | 203,351.00 | 0.28% | FB | 1 | |||
| 962178AN9 | TRI POINTE GROUP / HOMES 5.875 6/15/2024 | 190,000 | 107.00 | 203,300.00 | 0.28% | B | 1 | |||
| 63938CAB4 | NAVIENT CORP 5.875 10/25/2024 | 200,000 | 101.50 | 203,000.00 | 0.28% | B | 1 | |||
| BL270296900001 | ARAMARK SERVICES 03/28/24 Term Loan | 202,310 | 100.31 | 202,942.09 | 0.28% | TL | 1 | |||
| 302635AB3 | FS KKR CAPITAL CORP 4.25 1/15/2020 | 202,000 | 100.20 | 202,406.50 | 0.28% | B | 1 | |||
| 576434QC1 | MALT 2004-4 6A1 5.5 4/25/2034 | 191,173 | 105.84 | 202,345.40 | 0.28% | MR | 1 | |||
| 89173FAA8 | TPMT 2017-1 A1 FRN 10/25/2056 | 199,264 | 101.29 | 201,834.67 | 0.28% | MR | 1 | |||
| 761735AR0 | REYNOLDS GRP ISS/REYNOLD FRN 7/15/2021 | 200,000 | 100.38 | 200,750.00 | 0.28% | B | 1 | |||
| 14040HBK0 | CAPITAL ONE FINANCIAL CO 3.75 7/28/2026 | 190,000 | 104.78 | 199,073.72 | 0.27% | B | 1 | |||
| 04010LAU7 | ARES CAPITAL CORP 3.5 2/10/2023 | 195,000 | 101.08 | 197,113.66 | 0.27% | B | 1 | |||
| 74937LAA4 | RCO 2019-1 A1 FRN 5/24/2024 | 195,563 | 100.52 | 196,570.70 | 0.27% | MR | 1 | |||
| 02529LAE1 | ACAR 2017-2 C 2.86 6/12/2023 | 196,043 | 100.17 | 196,373.18 | 0.27% | MR | 1 | |||
| 78471FAA0 | SCLP 2016-3 A 3.05 12/26/2025 | 193,511 | 100.44 | 194,359.67 | 0.27% | MR | 1 | |||
| 31572XAA8 | EFMT 2017-1 A1 FRN 10/25/2047 | 194,252 | 99.87 | 193,995.68 | 0.27% | MR | 1 | |||
| 949803AA8 | WFMBS 2004-U A1 FRN 10/25/2034 | 188,381 | 102.77 | 193,590.04 | 0.27% | MR | 1 | |||
| 00206RGD8 | AT&T INC FRN 6/12/2024 | 190,000 | 101.67 | 193,167.36 | 0.26% | B | 1 | |||
| 12592FAA3 | COMM 2014-277P A FRN 8/10/2049 | 180,000 | 106.38 | 191,475.11 | 0.26% | MR | 1 | |||
| 83405XAA2 | SCLP 2018-3 A1 3.2 8/25/2027 | 186,738 | 100.30 | 187,293.09 | 0.26% | MR | 1 | |||
| 91678RAB6 | UPST 2017-2 B 3.748 3/20/2025 | 186,640 | 100.22 | 187,059.98 | 0.26% | MR | 1 | |||
| 71654QCD2 | PETROLEOS MEXICANOS 4.625 9/21/2023 | 180,000 | 103.90 | 187,020.00 | 0.26% | FB | 1 | |||
| 92537GAA1 | VERUS 2019-2 A1 FRN 4/25/2059 | 183,390 | 100.90 | 185,048.82 | 0.25% | MR | 1 | |||
| 14366LAA0 | CNART 2019-1A A 2.72 11/15/2022 | 184,871 | 100.10 | 185,047.92 | 0.25% | MR | 1 | |||
| 036752AJ2 | ANTHEM INC 2.375 1/15/2025 | 185,000 | 99.80 | 184,633.58 | 0.25% | B | 1 | |||
| BL238559100001 | Cablevision Systems 3/17 Cov-Li 07/17/25 Term Loan | 185,465 | 99.52 | 184,566.21 | 0.25% | TL | 1 | |||
| BL264532500001 | ILFC (Delos Finance) 3/18 Cov-L 10/06/23 Term Loan | 182,500 | 100.35 | 183,146.96 | 0.25% | TL | 1 | |||
| 92535TAD9 | VERUS 2018-2 B1 FRN 6/1/2058 | 180,000 | 101.63 | 182,939.53 | 0.25% | MR | 1 | |||
| 26208FAJ0 | DRIVE 2017-2 C 2.75 9/15/2023 | 182,718 | 100.10 | 182,905.69 | 0.25% | MR | 1 | |||
| 912796TD1 | TREASURY BILL DISCOUNT 8/13/2020 | 185,000 | 98.72 | 182,634.31 | 0.25% | TI | 1 | |||
| 67113AAP5 | OBX 2019-EXP3 1A8 FRN 10/25/2059 | 180,000 | 100.98 | 181,772.19 | 0.25% | MR | 1 | |||
| 15189TAW7 | CENTERPOINT ENERGY INC 2.5 9/1/2024 | 180,000 | 100.37 | 180,657.30 | 0.25% | B | 1 | |||
| 46643UDJ5 | JPMMT 2015-1 AM1 FRN 12/25/2044 | 179,866 | 100.28 | 180,362.92 | 0.25% | MR | 1 | |||
| 74142RAA2 | PRET 2019-NPL3 A1 FRN 7/27/2059 | 180,000 | 100.16 | 180,287.78 | 0.25% | MR | 1 | |||
| 075887BT5 | BECTON DICKINSON AND CO 2.894 6/6/2022 | 177,000 | 101.79 | 180,161.28 | 0.25% | B | 1 | |||
| 83085DAC9 | SKOP 2019-1A C 3.63 9/16/2024 | 180,000 | 100.09 | 180,155.59 | 0.25% | MR | 1 | |||
| 233331AW7 | DTE ENERGY CO 2.529 10/1/2024 | 179,000 | 100.63 | 180,130.09 | 0.25% | B | 1 | |||
| 42824CBE8 | HP ENTERPRISE CO 2.25 4/1/2023 | 180,000 | 99.78 | 179,612.61 | 0.25% | B | 1 | |||
| 38141GVX9 | GOLDMAN SACHS GROUP INC FRN 10/28/2027 | 170,000 | 103.71 | 176,308.87 | 0.24% | B | 1 | |||
| 21052NAA0 | CLUB 2018-P2 A 3.47 10/15/2025 | 175,128 | 100.62 | 176,217.04 | 0.24% | MR | 1 | |||
| 85211XAA1 | SHMLT 2019-SH1 A1 FRN 4/29/2049 | 174,305 | 100.94 | 175,936.98 | 0.24% | MR | 1 | |||
| 38141EB81 | GOLDMAN SACHS GROUP INC FRN 11/29/2023 | 170,000 | 103.11 | 175,283.41 | 0.24% | B | 1 | |||
| 21054PAB1 | CLUB 2019-P2 A 2.47 10/15/2026 | 172,977 | 99.99 | 172,960.84 | 0.24% | MR | 1 | |||
| 12652BAB7 | CPS 2017-D B 2.43 1/18/2022 | 172,374 | 100.04 | 172,449.78 | 0.24% | MR | 1 | |||
| 17326QAA1 | CMLTI 2018-RP1 A1 FRN 9/25/2064 | 170,704 | 100.97 | 172,365.25 | 0.24% | MR | 1 | |||
| 17324VAH7 | CMLTI 2015-PS1 A1 FRN 9/25/2042 | 167,531 | 102.47 | 171,669.80 | 0.24% | MR | 1 | |||
| 64828EAA3 | NRZT 2019-NQM4 A1 FRN 9/25/2059 | 170,000 | 100.05 | 170,077.76 | 0.23% | MR | 1 | |||
| 03938LAZ7 | ARCELORMITTAL 6.125 6/1/2025 | 150,000 | 113.23 | 169,844.14 | 0.23% | FB | 1 | |||
| 36228F4R4 | GSR 2004-7 3A1 FRN 6/25/2034 | 169,316 | 100.31 | 169,840.92 | 0.23% | MR | 1 | |||
| 86933YAA4 | SCML 2017-SBC6 A FRN 5/25/2037 | 166,404 | 100.56 | 167,329.53 | 0.23% | MR | 1 | |||
| 369604BQ5 | GENERAL ELECTRIC CO 5 PERPETUAL 6/15/2166 | 175,000 | 94.90 | 166,078.50 | 0.23% | B | 1 | |||
| BL263658900001 | TransDigm 2/18 C 08/22/24 | 166,190 | 99.45 | 165,272.49 | 0.23% | TL | 1 | |||
| 07332CAA5 | BOMFT 2017-RT4 A FRN 7/28/2057 | 161,158 | 102.55 | 165,265.23 | 0.23% | MR | 1 | |||
| 92537BAA2 | VERUS 2018-3 A1 FRN 10/25/2058 | 162,327 | 101.43 | 164,652.34 | 0.23% | MR | 1 | |||
| 949458AA1 | WLKRG 2015-AA A 2.79 6/16/2031 | 162,022 | 100.17 | 162,302.78 | 0.22% | MR | 1 | |||
| 03523TBX5 | ANHEUSER-BUSCH INBEV WOR 4.15 1/23/2025 | 148,000 | 109.50 | 162,061.11 | 0.22% | FB | 1 | |||
| 096630AD0 | BOARDWALK PIPELINES LP 4.95 12/15/2024 | 150,000 | 107.63 | 161,449.01 | 0.22% | B | 1 | |||
| 94981VAB3 | WFMBS 2004-K 1A2 FRN 7/25/2034 | 151,928 | 103.60 | 157,393.06 | 0.22% | MR | 1 | |||
| 02528CAC6 | ACAR 2019-1 B 3.32 4/12/2023 | 155,000 | 101.19 | 156,841.31 | 0.22% | MR | 1 | |||
| 86359A5V1 | SASC 2003-34A 6A FRN 11/25/2033 | 152,095 | 102.61 | 156,059.95 | 0.21% | MR | 1 | |||
| 06051GBE8 | BAFC 2004-A 5A1 FRN 7/20/2034 | 150,723 | 102.71 | 154,810.08 | 0.21% | MR | 1 | |||
| 00772BAR2 | AERCAP IRELAND CAP/GLOBA 3.95 2/1/2022 | 150,000 | 103.15 | 154,730.74 | 0.21% | FB | 1 | |||
| BL311756300001 | ALBERTSON'S 10/18 B7 COV-LITE TERM LOAN | 151,386 | 100.68 | 152,418.57 | 0.21% | TL | 1 | |||
| 33843NAE1 | FCAT 2016-2 B 3.84 9/15/2022 | 151,283 | 100.48 | 152,015.27 | 0.21% | MR | 1 | |||
| 74362DAA6 | PMIT 2019-3A A 3.19 7/15/2025 | 151,084 | 100.60 | 151,992.98 | 0.21% | MR | 1 | |||
| 06051GHB8 | BANK OF AMERICA CORP FRN 2/5/2026 | 153,000 | 99.18 | 151,741.11 | 0.21% | B | 1 | |||
| 152314LE8 | CXHE 2004-D AF5 5.85 9/25/2034 | 149,350 | 101.38 | 151,413.84 | 0.21% | MR | 1 | |||
| 576434J39 | MALT 2005-2 2A1 6 1/25/2035 | 141,500 | 106.63 | 150,883.68 | 0.21% | MR | 1 | |||
| 05367MAA5 | AVID 2018-1 A 2.84 8/15/2023 | 149,961 | 100.16 | 150,203.81 | 0.21% | MR | 1 | |||
| 94980FAA1 | WFMBS 2004-A A1 FRN 2/25/2034 | 143,178 | 104.83 | 150,096.97 | 0.21% | MR | 1 | |||
| 07324YAC3 | BAYC 2006-2A A2 FRN 7/25/2036 | 154,433 | 97.11 | 149,963.64 | 0.21% | MR | 1 | |||
| 20826JAB4 | CONN 2018-A B 4.65 1/15/2023 | 147,699 | 100.74 | 148,796.02 | 0.20% | MR | 1 | |||
| 96033CAA0 | WESTR 2016-1A A 3.5 12/20/2028 | 147,800 | 100.45 | 148,472.68 | 0.20% | MR | 1 | |||
| 32058NAJ2 | FIAOT 2017-1A D 3.6 4/17/2023 | 145,000 | 101.81 | 147,618.08 | 0.20% | MR | 1 | |||
| 65341KBA3 | NFMOT 2018-1A A2 3.22 2/15/2023 | 145,000 | 101.42 | 147,060.51 | 0.20% | MR | 1 | |||
| 151608AB2 | CPF 2012-2A 1 2.61 8/20/2021 | 145,164 | 99.72 | 144,762.23 | 0.20% | MR | 1 | |||
| 03463TAA8 | AOMT 2018-1 A1 FRN 4/27/2048 | 143,452 | 100.58 | 144,280.82 | 0.20% | MR | 1 | |||
| 19687VAA9 | COLT 2018-2 A1 FRN 7/27/2048 | 142,066 | 100.67 | 143,012.26 | 0.20% | MR | 1 | |||
| 042858AA8 | ARRW 2019-2 A1 FRN 4/25/2049 | 140,109 | 101.70 | 142,491.50 | 0.20% | MR | 1 | |||
| 89178AAA4 | TPHT 2019-HE1 A1 FRN 4/25/2048 | 141,629 | 100.33 | 142,089.85 | 0.19% | MR | 1 | |||
| 68504TAA2 | ONGLT 2015-AA A 2.88 9/8/2027 | 141,003 | 100.48 | 141,676.14 | 0.19% | MR | 1 | |||
| 12061AAA6 | BHLD 2019-1 A1 3.613 10/26/2048 | 137,853 | 101.23 | 139,552.90 | 0.19% | MR | 1 | |||
| BL255368500001 | MEDALLION MIDLAND ACQ 10/30/24 TERM LOAN | 144,827 | 95.75 | 138,671.82 | 0.19% | TL | 1 | |||
| 86359BBS9 | SASC 2003-37A 2A FRN 12/25/2033 | 132,215 | 103.22 | 136,473.24 | 0.19% | MR | 1 | |||
| 55388PAB6 | MVWOT 2015-1A B 2.96 12/20/2032 | 134,752 | 100.24 | 135,082.23 | 0.19% | MR | 1 | |||
| 05946XPV9 | BAFC 2005-1 1A1 5.5 2/25/2035 | 128,451 | 102.64 | 131,837.08 | 0.18% | MR | 1 | |||
| 64828YAR2 | NRZT 2014-2A A3 FRN 5/25/2054 | 125,423 | 101.86 | 127,761.68 | 0.18% | MR | 1 | |||
| 36418GAU8 | GFMT 2018-2 A41 FRN 10/25/2058 | 123,432 | 102.71 | 126,774.83 | 0.17% | MR | 1 | |||
| 466247K51 | JPMMT 2006-A2 4A1 FRN 8/25/2034 | 107,530 | 105.20 | 113,120.93 | 0.16% | MR | 1 | |||
| 30166JAC9 | EART 2017-1A B 3 12/15/2021 | 112,453 | 100.27 | 112,751.14 | 0.15% | MR | 1 | |||
| 576436CN7 | MASD 2005-3 A2 5.704 11/25/2035 | 110,612 | 101.07 | 111,792.68 | 0.15% | MR | 1 | |||
| 635419AE4 | NATCM 2008-1 2A1 6 3/25/2038 | 107,012 | 104.30 | 111,612.65 | 0.15% | MR | 1 | |||
| 00436KAA7 | APF 2017-A A 3.06 4/15/2029 | 110,732 | 100.01 | 110,745.00 | 0.15% | MR | 1 | |||
| 900123AW0 | REPUBLIC OF TURKEY 7.375 2/5/2025 | 105,000 | 105.26 | 110,518.49 | 0.15% | FB | 1 | |||
| BL311235800001 | CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN | 110,000 | 100.15 | 110,160.05 | 0.15% | TL | 1 | |||
| 88033GCY4 | TENET HEALTHCARE CORP 4.875 1/1/2026 | 105,000 | 103.50 | 108,675.00 | 0.15% | B | 1 | |||
| 92257LAB6 | VCC 2017-1 AFX FRN 5/25/2047 | 107,388 | 99.85 | 107,227.99 | 0.15% | MR | 1 | |||
| 9292274D5 | WAMU 2003-AR6 A1 FRN 6/25/2033 | 102,732 | 103.71 | 106,544.81 | 0.15% | MR | 1 | |||
| 22541Q2D3 | CSFB 2003-AR30 5A1 FRN 1/25/2034 | 103,587 | 102.56 | 106,244.13 | 0.15% | MR | 1 | |||
| BL287002200001 | NEXSTAR BROADCAS 09/21/2026 | 105,000 | 100.43 | 105,446.25 | 0.14% | TL | 1 | |||
| 38145GAG5 | GOLDMAN SACHS GROUP INC 2.35 11/15/2021 | 105,000 | 100.20 | 105,210.54 | 0.14% | B | 1 | |||
| 38061LAA7 | GLDKR 2014-A A 3.22 3/17/2031 | 102,036 | 100.12 | 102,160.41 | 0.14% | MR | 1 | |||
| 949808BC2 | WFMBS 2003-J 5A1 FRN 10/25/2033 | 97,812 | 104.28 | 102,002.02 | 0.14% | MR | 1 | |||
| 03463VAA3 | AOMT 2018-2 A1 FRN 7/27/2048 | 98,691 | 101.31 | 99,981.65 | 0.14% | MR | 1 | |||
| 64829YAA8 | NRZT 2019-NQM1 A1 FRN 1/25/2049 | 92,753 | 101.75 | 94,374.96 | 0.13% | MR | 1 | |||
| 91832XAA8 | VOLT 2018-NPL7 A1A FRN 9/25/2048 | 89,885 | 100.72 | 90,528.88 | 0.12% | MR | 1 | |||
| 909287AA2 | UAL 2007 PASS TRUST 6.636 7/2/2022 | 82,079 | 105.86 | 86,889.95 | 0.12% | B | 1 | |||
| 12667FRY3 | CWALT 2004-22CB 1A1 6 10/25/2034 | 83,939 | 102.77 | 86,268.03 | 0.12% | MR | 1 | |||
| 24381FAC9 | DRMT 2017-3A A3 FRN 10/25/2047 | 81,359 | 100.07 | 81,416.28 | 0.11% | MR | 1 | |||
| 949808AP4 | WFMBS 2003-J 2A1 FRN 10/25/2033 | 78,662 | 103.14 | 81,132.07 | 0.11% | MR | 1 | |||
| 126650DD9 | CVS HEALTH CORP FRN 3/9/2021 | 80,000 | 100.58 | 80,461.06 | 0.11% | B | 1 | |||
| BL224978900003 | ELDORADO RESORTS INC 04/17/24 TERM LOAN | 79,596 | 99.98 | 79,580.05 | 0.11% | TL | 1 | |||
| 17288XAB0 | CITADEL LP 4.875 1/15/2027 | 75,000 | 104.07 | 78,050.15 | 0.11% | B | 1 | |||
| BL224978900002 | ELDORADO RESORTS INC 04/17/24 Term Loan | 75,891 | 99.98 | 75,875.21 | 0.10% | TL | 1 | |||
| 893647BE6 | TRANSDIGM INC 6.25 3/15/2026 | 70,000 | 107.62 | 75,334.00 | 0.10% | B | 1 | |||
| 24381CAA0 | DRMT 2017-2A A1 FRN 6/25/2047 | 72,142 | 100.10 | 72,214.38 | 0.10% | MR | 1 | |||
| BL3108760 | KESTREL BIDCO INC 08/07/2026 | 70,000 | 100.68 | 70,476.35 | 0.10% | TL | 1 | |||
| 92536MAC5 | VERUS 2018-INV1 A3 FRN 3/25/2058 | 69,213 | 100.87 | 69,812.44 | 0.10% | MR | 1 | |||
| 05606VAA6 | BXGNT 2013-A A 3.01 12/4/2028 | 67,070 | 99.81 | 66,946.20 | 0.09% | MR | 1 | |||
| 92536BAA3 | VERUS 2017-1A A1 FRN 1/25/2047 | 66,126 | 100.07 | 66,175.73 | 0.09% | MR | 1 | |||
| 70014LAC4 | PARK AEROSPACE HOLDINGS 4.5 3/15/2023 | 62,464 | 104.56 | 65,315.48 | 0.09% | FB | 1 | |||
| BL284931500001 | COMMSCOPE INC 04/06/26 TERM LOAN | 65,000 | 98.94 | 64,309.70 | 0.09% | TL | 1 | |||
| 35104VAB8 | FCRT 2016-1 A2 2.87 10/15/2021 | 62,662 | 100.11 | 62,729.35 | 0.09% | MR | 1 | |||
| 00435QAA5 | ACC 2018-1 A 3.7 12/21/2020 | 60,600 | 100.11 | 60,665.55 | 0.08% | MR | 1 | |||
| 89114QCA4 | TORONTO-DOMINION BANK 2.65 6/12/2024 | 57,000 | 102.18 | 58,243.17 | 0.08% | FB | 1 | |||
| 86359BNT4 | SARM 2004-4 3A1 FRN 4/25/2034 | 55,392 | 104.51 | 57,890.46 | 0.08% | MR | 1 | |||
| 83405DAB4 | SOFI 2017-C A2A 1.75 7/25/2040 | 57,337 | 99.94 | 57,301.08 | 0.08% | MR | 1 | |||
| 939336J38 | WAMMS 2003-AR4 2A1 FRN 8/25/2033 | 54,281 | 99.83 | 54,188.02 | 0.07% | MR | 1 | |||
| 07325VAC8 | BAYV 2007-A 1A2 6.205 5/28/2037 | 53,957 | 100.07 | 53,992.83 | 0.07% | MR | 1 | |||
| 949832AP4 | WFMBS 2005-14 2A1 5.5 12/25/2035 | 49,834 | 105.27 | 52,458.65 | 0.07% | MR | 1 | |||
| 534187AU3 | LINCOLN NATIONAL CORP FRN 4/20/2067 | 60,000 | 79.90 | 47,941.20 | 0.07% | B | 1 | |||
| 82967NBE7 | SIRIUS XM RADIO INC 4.625 7/15/2024 | 45,000 | 104.63 | 47,081.25 | 0.06% | B | 1 | |||
| 94981VAY3 | WFMBS 2004-K 2A12 FRN 7/25/2034 | 44,629 | 101.12 | 45,130.05 | 0.06% | MR | 1 | |||
| 04542BMU3 | ABFC 2005-AQ1 A6 4.72143 1/25/2035 | 43,295 | 103.27 | 44,712.17 | 0.06% | MR | 1 | |||
| 94980RAC1 | WFMBS 2004-Z 2A1 FRN 12/25/2034 | 40,582 | 102.95 | 41,778.50 | 0.06% | MR | 1 | |||
| 26208BAL4 | DRIVE 2016-CA C 3.02 11/15/2021 | 39,932 | 100.07 | 39,960.55 | 0.05% | MR | 1 | |||
| 22541SXJ2 | CSFB 2004-AR8 6A1 FRN 9/25/2034 | 35,677 | 102.29 | 36,493.34 | 0.05% | MR | 1 | |||
| 02209SBC6 | ALTRIA GROUP INC 4.4 2/14/2026 | 30,000 | 107.66 | 32,297.53 | 0.04% | B | 1 | |||
| 83085LAA5 | SKOP 2018-1A A 3.19 9/15/2021 | 31,649 | 100.07 | 31,672.08 | 0.04% | MR | 1 | |||
| 23341KAC9 | DRB 2015-D A3 2.5 1/25/2036 | 28,971 | 100.04 | 28,982.37 | 0.04% | MR | 1 | |||
| 538034AR0 | LIVE NATION ENTERTAINMEN 4.75 10/15/2027 | 25,000 | 104.00 | 26,000.00 | 0.04% | B | 1 | |||
| BL316584400001 | API GROUP/J2 ACQUISITION 9/19 10/01/26 C TERM LOAN | 25,000.00 | 100.5 | 25,125.00 | 0.03% | TL | ||||
| 22541SX29 | CSFB 2004-8 6A1 4.5 12/25/2019 | 22,402.88 | 99.95 | 22,391.45 | 0.03% | MR | ||||
| 36242DSS3 | GSAA 2005-1 AF4 5.619 11/25/2034 | 20,478.91 | 100.01 | 20,481.13 | 0.03% | MR | ||||
| BL224978900001 | ELDORADO RESORTS INC 04/17/24 Term Loan | 19,763.22 | 99.98 | 19,759.17 | 0.03% | TL | ||||
| 02209SBA0 | ALTRIA GROUP INC 3.49 2/14/2022 | 18,000.00 | 102.58 | 18,465.02 | 0.03% | B | ||||
| 88161DAA9 | TESLA 2018-A A 2.32 12/20/2019 | 16,131.10 | 100 | 16,131.29 | 0.02% | MR | ||||
| 620076BB4 | MOTOROLA SOLUTIONS INC 3.75 5/15/2022 | 15,173.00 | 103.91 | 15,765.73 | 0.02% | B | ||||
| 210805DS3 | CONTL AIRLINES 1999-2 6.236 3/15/2020 | 15,074.86 | 100.96 | 15,218.84 | 0.02% | B | ||||
| 744320AM4 | PRUDENTIAL FINANCIAL INC FRN 6/15/2043 | 14,000.00 | 107.94 | 15,111.11 | 0.02% | B | ||||
| 44935AAB1 | HALST 2018-A A2A 2.55 8/17/2020 | 13,872.57 | 100.03 | 13,877.02 | 0.02% | MR | ||||
| 26223UAD1 | DRUGB 2014-1 A2 3.484 7/15/2023 | 13,652.95 | 100.02 | 13,655.45 | 0.02% | MR | ||||
| 94979WAA7 | WFMBS 2003-G A1 FRN 6/25/2033 | 12,612.76 | 103.78 | 13,089.39 | 0.02% | MR | ||||
| X9USDJPMR | JP MORGAN USD GOVT MONEY MARKET INSTL | 1,321,388.08 | 1 | 1,321,388.08 | 1.81% | MM | ||||
| CASH | -950,437.28 | 100 | -950,437.28 | -1.30% | 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 08/31/2019
MINC Sector Allocation
FUND
Fixed Income Attributes
As of 9/30/2019
| Duration | 1.68 years |
|---|---|
| Duration | 1.73 years |
| Yield to Maturity | 2.98% |
| 30-Day SEC Subsidized Yield | 2.63% |
| 30-Day SEC Unsubsidized Yield | 2.51% |
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 | 0.19% |
| Gross Expense Ratio | 0.69% |
| Net Expense Ratio | 0.69% |
*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.
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 12/27/2019 | 12/30/2019 | - | - | - | - | - | |||
| 11/26/2019 | 11/27/2019 | - | - | - | - | - | |||
| 10/28/2019 | 10/29/2019 | - | - | - | - | - | |||
| 09/25/2019 | 09/26/2019 | 09/30/2019 | $0.106880 | $0.000000 | $0.000000 | $0.000000 | $0.106880 | ||
| 08/27/2019 | 08/28/2019 | 08/30/2019 | $0.119360 | $0.000000 | $0.000000 | $0.000000 | $0.119360 | ||
| 07/26/2019 | 07/29/2019 | 07/31/2019 | $0.123400 | $0.000000 | $0.000000 | $0.000000 | $0.123400 | ||
| 06/25/2019 | 06/26/2019 | 06/28/2019 | $0.106400 | $0.000000 | $0.000000 | $0.000000 | $0.106400 | ||
| 05/28/2019 | 05/29/2019 | 05/31/2019 | $0.137300 | $0.000000 | $0.000000 | $0.000000 | $0.137300 | ||
| 04/25/2019 | 04/26/2019 | 04/30/2019 | $0.114600 | $0.000000 | $0.000000 | $0.000000 | $0.114600 | ||
| 03/26/2019 | 03/27/2019 | 03/29/2019 | $0.119300 | $0.000000 | $0.000000 | $0.000000 | $0.119300 | ||
| 01/28/2019 | 01/29/2019 | 01/31/2019 | $0.111260 | $0.000000 | $0.000000 | $0.000000 | $0.111260 | ||
| 12/27/2018 | 12/28/2018 | 12/31/2018 | $0.140510 | $0.000000 | $0.000000 | $0.000000 | $0.140510 | ||
| 11/27/2018 | 11/28/2018 | 11/30/2018 | $0.121160 | $0.000000 | $0.000000 | $0.000000 | $0.121160 | ||
| 10/26/2018 | 10/29/2018 | 10/31/2018 | $0.115210 | $0.000000 | $0.000000 | $0.000000 | $0.115210 | ||
| 09/26/2018 | 09/27/2018 | 09/28/2018 | $0.108830 | $0.000000 | $0.000000 | $0.000000 | $0.108830 | ||
| 08/27/2018 | 08/28/2018 | 08/31/2018 | $0.121190 | $0.000000 | $0.000000 | $0.000000 | $0.121190 | ||
| 07/26/2018 | 07/27/2018 | 07/31/2018 | $0.115350 | $0.000000 | $0.000000 | $0.000000 | $0.115350 | ||
| 06/25/2018 | 06/26/2018 | 06/29/2018 | $0.114380 | $0.000000 | $0.000000 | $0.000000 | $0.114380 | ||
| 05/25/2018 | 05/29/2018 | 05/31/2018 | $0.109790 | $0.000000 | $0.000000 | $0.000000 | $0.109790 | ||
| 04/25/2018 | 04/26/2018 | 04/30/2018 | $0.104700 | $0.000000 | $0.000000 | $0.000000 | $0.104700 | ||
| 03/26/2018 | 03/27/2018 | 03/29/2018 | $0.095030 | $0.000000 | $0.000000 | $0.000000 | $0.095030 | ||
| 02/26/2018 | 02/27/2018 | 02/28/2018 | $0.108500 | $0.000000 | $0.000000 | $0.000000 | $0.108500 | ||
| 01/26/2018 | 01/29/2018 | 01/31/2018 | $0.092000 | $0.000000 | $0.000000 | $0.000000 | $0.092000 | ||
| 12/27/2017 | 12/28/2017 | 12/29/2017 | $0.118770 | $0.000000 | $0.000000 | $0.000000 | $0.118770 | ||
| 11/28/2017 | 11/29/2017 | 11/30/2017 | $0.106580 | $0.000000 | $0.000000 | $0.000000 | $0.106580 | ||
| 10/27/2017 | 10/30/2017 | 10/31/2017 | $0.103030 | $0.000000 | $0.000000 | $0.000000 | $0.103030 | ||
| 09/26/2017 | 09/27/2017 | 09/29/2017 | $0.103360 | $0.000000 | $0.000000 | $0.000000 | $0.103360 | ||
| 08/25/2017 | 08/29/2017 | 08/31/2017 | $0.092930 | $0.000000 | $0.000000 | $0.000000 | $0.092930 | ||
| 07/26/2017 | 07/28/2017 | 07/31/2017 | $0.099450 | $0.000000 | $0.000000 | $0.000000 | $0.099450 | ||
| 06/23/2017 | 06/28/2017 | 06/30/2017 | $0.102540 | $0.000000 | $0.000000 | $0.000000 | $0.102540 | ||
| 05/23/2017 | 05/26/2017 | 05/31/2017 | $0.100580 | $0.000000 | $0.000000 | $0.000000 | $0.100580 | ||
| 04/21/2017 | 04/26/2017 | 04/28/2017 | $0.101160 | $0.000000 | $0.000000 | $0.000000 | $0.101160 | ||
| 03/24/2017 | 03/28/2017 | 03/31/2017 | $0.103650 | $0.000000 | $0.000000 | $0.000000 | $0.103650 | ||
| 02/23/2017 | 02/27/2017 | 02/28/2017 | $0.100240 | $0.000000 | $0.000000 | $0.000000 | $0.100240 | ||
| 01/25/2017 | 01/27/2017 | 01/31/2017 | $0.089100 | $0.000000 | $0.000000 | $0.000000 | $0.089100 | ||
| 12/23/2016 | 12/28/2016 | 12/30/2016 | $0.130700 | $0.000000 | $0.000000 | $0.000000 | $0.130700 | ||
| 11/23/2016 | 11/28/2016 | 11/30/2016 | $0.099600 | $0.000000 | $0.000000 | $0.000000 | $0.099600 | ||
| 10/25/2016 | 10/27/2016 | 10/31/2016 | $0.102400 | $0.000000 | $0.000000 | $0.000000 | $0.102400 | ||
| 09/26/2016 | 09/28/2016 | 09/30/2016 | $0.111000 | $0.000000 | $0.000000 | $0.000000 | $0.111000 | ||
| 08/25/2016 | 08/29/2016 | 08/31/2016 | $0.111100 | $0.000000 | $0.000000 | $0.000000 | $0.111100 | ||
| 07/25/2016 | 07/27/2016 | 07/29/2016 | $0.114300 | $0.000000 | $0.000000 | $0.000000 | $0.114300 | ||
| 06/24/2016 | 06/28/2016 | 06/30/2016 | $0.115800 | $0.000000 | $0.000000 | $0.000000 | $0.115800 | ||
| 05/24/2016 | 05/26/2016 | 05/31/2016 | $0.111800 | $0.000000 | $0.000000 | $0.000000 | $0.111800 | ||
| 04/25/2016 | 04/27/2016 | 04/29/2016 | $0.123900 | $0.000000 | $0.000000 | $0.000000 | $0.123900 | ||
| 03/24/2016 | 03/29/2016 | 03/31/2016 | $0.121700 | $0.000000 | $0.000000 | $0.000000 | $0.121700 | ||
| 02/23/2016 | 02/25/2016 | 02/29/2016 | $0.102900 | $0.000000 | $0.000000 | $0.000000 | $0.102900 | ||
| 01/25/2016 | 01/27/2016 | 01/29/2016 | $0.088300 | $0.000000 | $0.000000 | $0.000000 | $0.088300 | ||
| 12/24/2015 | 12/29/2015 | 12/31/2015 | $0.146700 | $0.000000 | $0.000000 | $0.000000 | $0.146700 | ||
| 11/23/2015 | 11/25/2015 | 11/30/2015 | $0.107300 | $0.000000 | $0.000000 | $0.000000 | $0.107300 | ||
| 10/26/2015 | 10/28/2015 | 10/30/2015 | $0.119200 | $0.000000 | $0.000000 | $0.000000 | $0.119200 | ||
| 09/24/2015 | 09/28/2015 | 09/30/2015 | $0.115900 | $0.000000 | $0.000000 | $0.000000 | $0.115900 | ||
| 08/25/2015 | 08/27/2015 | 08/31/2015 | $0.119600 | $0.000000 | $0.000000 | $0.000000 | $0.119600 | ||
| 07/24/2015 | 07/28/2015 | 07/30/2015 | $0.094200 | $0.000000 | $0.000000 | $0.000000 | $0.094200 | ||
| 06/24/2015 | 06/26/2015 | 06/30/2015 | $0.123000 | $0.000000 | $0.000000 | $0.000000 | $0.123000 | ||
| 05/22/2015 | 05/27/2015 | 05/29/2015 | $0.101100 | $0.000000 | $0.000000 | $0.000000 | $0.101100 | ||
| 04/24/2015 | 04/28/2015 | 04/30/2015 | $0.112400 | $0.000000 | $0.000000 | $0.000000 | $0.112400 | ||
| 03/25/2015 | 03/27/2015 | 03/31/2015 | $0.121500 | $0.000000 | $0.000000 | $0.000000 | $0.121500 | ||
| 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
- 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.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.
© 2019 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.
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 9/30/2019. Category consists of 488 funds in 3 year and 436 in 5 year. MINC received a 4 star rating in the 3 year and a 4 star in the 5 year.
- 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.