(MINC) NEWFLEET MULTI-SECTOR INCOME ETF
NAV as of 12/6/2019
$48.52
1 Day NAV Change as of 12/6/2019
$-0.01
Morningstar Rating
Short-Term Multi-Sector Bond
Overall rating as of 11/30/2019 based on risk adjusted returns of 490 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 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 12/6/2019
NAV | $48.52 | Closing Price | $48.51 |
Change | $-0.01 | Close Change | $0.03 |
Shares Outstanding | 1,450,000 | Volume | 5,223 |
4PM Bid/Offer Midpoint | $48.49 | Premium Discount | $-0.03 |
Assets Under Management | $70,352,164.25 |
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 10/31/2019
NAV | Market Price Return | Bloomberg Capital Aggregate Bond Index | BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index | |
---|---|---|---|---|
1 Month | 0.38 | 0.36 | 0.30 | 0.17 |
3 Months | 1.12 | 1.09 | 2.35 | 0.53 |
YTD | 5.08 | 5.04 | 8.85 | 1.94 |
1 Year | 4.89 | 4.78 | 11.51 | 0.17 |
3 Years | 2.56 | 2.50 | 3.29 | 0.53 |
5 Years | 2.42 | 2.36 | 3.24 | 0.97 |
Since Inception (3/19/2013, Annualized) | 2.30 | 2.28 | #N/A | 0.74 |
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 12/6/2019
Date | Account Symbol | Stock Ticker | Security Number | Security | Shares | Price | Market Value | Weight % | Asset Group | |
---|---|---|---|---|---|---|---|---|---|---|
12/06/2019 | MINC | 9128286Y1 | US TREASURY N/B 1.75 6/15/2022 | 1,750,000 | 100.32 | 1,755,537.11 | 2.50% | TN | 1 | |
78403DAL4 | SBA TOWER TRUST 3.168 4/11/2022 | 780,000 | 101.03 | 788,011.54 | 1.12% | B | 1 | |||
78403DAK6 | SBA TOWER TRUST 2.877 7/9/2021 | 780,000 | 100.44 | 783,466.16 | 1.11% | B | 1 | |||
12433UAG0 | BX 2018-GW B FRN 5/15/2035 | 700,000 | 99.77 | 698,407.50 | 0.99% | MR | 1 | |||
31418DC67 | FN MA3692 3.5 7/1/2049 | 672,125 | 102.75 | 690,613.97 | 0.98% | FM | 1 | |||
32059BAE8 | FIAOT 2017-2A B 2.65 11/15/2022 | 650,000 | 100.24 | 651,567.28 | 0.93% | MR | 1 | |||
17121FAG9 | CCART 2015-BA D 4.17 1/16/2023 | 572,888 | 100.12 | 573,549.86 | 0.82% | MR | 1 | |||
88642MAC4 | TMCAT 2018-AA B 3.45 11/15/2024 | 525,000 | 100.85 | 529,453.47 | 0.75% | MR | 1 | |||
64829HAA5 | NRZT 2016-3A A1 FRN 9/25/2056 | 481,605 | 103.99 | 500,841.17 | 0.71% | MR | 1 | |||
85572MAA8 | SWH 2017-1 A FRN 1/17/2035 | 480,009 | 99.86 | 479,340.07 | 0.68% | MR | 1 | |||
301656AE4 | EART 2018-1A C 3.03 1/17/2023 | 465,000 | 100.43 | 466,989.46 | 0.66% | MR | 1 | |||
07384M4H2 | BSARM 2004-10 21A1 FRN 1/25/2035 | 452,080 | 102.97 | 465,497.34 | 0.66% | MR | 1 | |||
12770QAJ4 | CZR 2017-VICI C 4.1384 10/15/2034 | 445,000 | 104.34 | 464,323.99 | 0.66% | MR | 1 | |||
201736AC9 | CMLBC 2001-CMLB A3 FRN 6/20/2031 | 448,934 | 101.86 | 457,281.47 | 0.65% | MR | 1 | |||
61746BEC6 | MORGAN STANLEY FRN 10/24/2023 | 445,000 | 102.21 | 454,819.78 | 0.65% | B | 1 | |||
35105DAE1 | FCRT 2018-1 C 3.68 8/15/2023 | 445,000 | 101.56 | 451,941.29 | 0.64% | MR | 1 | |||
30167BAC5 | EART 2018-2A C 3.69 3/15/2023 | 445,000 | 101.06 | 449,720.74 | 0.64% | MR | 1 | |||
11135FAD3 | BROADCOM INC 3.625 10/15/2024 | 425,000 | 102.85 | 437,103.37 | 0.62% | B | 1 | |||
61746BDQ6 | MORGAN STANLEY 3.875 4/29/2024 | 410,000 | 106.35 | 436,054.96 | 0.62% | B | 1 | |||
46625HKK5 | JPMORGAN CHASE & CO 5.3 PERPETUAL 12/1/2065 | 430,000 | 100.65 | 432,779.95 | 0.62% | B | 1 | |||
46641YAN3 | JPMMT 2014-2 AM FRN 6/25/2029 | 425,105 | 101.31 | 430,663.53 | 0.61% | MR | 1 | |||
36416UAG0 | GFMT 2017-1 A21 FRN 7/25/2056 | 420,991 | 101.73 | 428,262.06 | 0.61% | MR | 1 | |||
378272AF5 | GLENCORE FUNDING LLC 4.125 5/30/2023 | 410,000 | 103.91 | 426,046.21 | 0.61% | FB | 1 | |||
02530AAE2 | ACAR 2018-3 C 3.75 10/15/2024 | 415,000 | 100.81 | 418,347.18 | 0.59% | MR | 1 | |||
81747EAM9 | SEMT 2018-CH2 A12 FRN 6/25/2048 | 410,287 | 101.04 | 414,543.70 | 0.59% | MR | 1 | |||
258258AA0 | DORIC NIMROD AIR 2012-1A 5.125 11/30/2022 | 392,487 | 102.42 | 401,983.41 | 0.57% | FB | 1 | |||
52603JAA8 | LFT 2018-2A A 4.23 4/20/2027 | 390,000 | 102.77 | 400,817.98 | 0.57% | MR | 1 | |||
12648HAK1 | CSMC 2014-IVR2 A2 FRN 4/25/2044 | 394,140 | 100.95 | 397,880.72 | 0.57% | MR | 1 | |||
17320XAA2 | CMLTI 2013-A A FRN 5/25/2042 | 401,840 | 98.72 | 396,716.04 | 0.56% | MR | 1 | |||
68376VAA2 | OPTN 2018-B A 3.91 7/8/2024 | 390,000 | 101.50 | 395,868.84 | 0.56% | MR | 1 | |||
49456BAB7 | KINDER MORGAN INC 5.625 11/15/2023 | 355,000 | 110.57 | 392,536.47 | 0.56% | B | 1 | |||
9128286B1 | US TREASURY N/B 2.625 2/15/2029 | 365,000 | 106.66 | 389,309.57 | 0.55% | TN | 1 | |||
96042GAJ1 | WLAKE 2018-3A C 3.61 10/16/2023 | 380,000 | 101.57 | 385,976.03 | 0.55% | MR | 1 | |||
02529MAE9 | ACAR 2018-4 C 3.97 1/13/2025 | 380,000 | 101.48 | 385,619.14 | 0.55% | MR | 1 | |||
86359BHJ3 | SASC 2004-4XS A3A 5.141572 2/25/2034 | 365,709 | 104.09 | 380,657.62 | 0.54% | MR | 1 | |||
24381CAA0 | DRMT 2017-2A A1 FRN 6/25/2047 | 369,836 | 100.17 | 370,469.00 | 0.53% | MR | 1 | |||
24380RAA8 | DRMT 2019-1A A1 FRN 1/25/2059 | 363,716 | 100.77 | 366,530.36 | 0.52% | MR | 1 | |||
064058AD2 | BNYM CORP 4.950000 12/49 PERPETUAL | 360,000 | 101.15 | 364,132.80 | 0.52% | B | 1 | |||
345397XQ1 | FORD MOTOR CREDIT CO LLC 3.2 1/15/2021 | 360,000 | 100.59 | 362,113.89 | 0.51% | B | 1 | |||
89690EAF4 | TRMF 2017-1A A1 2.709 8/15/2047 | 360,815 | 100.18 | 361,454.14 | 0.51% | MR | 1 | |||
32057HAG2 | FIAOT 2016-2A C 2.53 7/15/2022 | 355,000 | 100.11 | 355,379.57 | 0.51% | MR | 1 | |||
30167DAC1 | EART 2019-1A C 3.82 12/16/2024 | 345,000 | 102.40 | 353,286.69 | 0.50% | MR | 1 | |||
80284TAK1 | SDART 2017-1 C 2.58 5/16/2022 | 350,785 | 100.09 | 351,108.47 | 0.50% | MR | 1 | |||
125523AB6 | CIGNA CORP FRN 9/17/2021 | 350,000 | 100.02 | 350,055.24 | 0.50% | B | 1 | |||
06051GGJ2 | BANK OF AMERICA CORP FRN 4/24/2023 | 345,000 | 101.14 | 348,938.42 | 0.50% | B | 1 | |||
69362BBC5 | PSEG POWER LLC 3.85 6/1/2023 | 330,000 | 104.86 | 346,040.81 | 0.49% | B | 1 | |||
03237JAB3 | AXIS 2018-2A A2 3.89 7/20/2022 | 339,457 | 101.66 | 345,090.89 | 0.49% | MR | 1 | |||
44106MAS1 | SERVICE PROPERTIES TRUST 4.65 3/15/2024 | 330,000 | 103.74 | 342,327.20 | 0.49% | B | 1 | |||
64829LAA6 | NRZT 2016-4A A1 FRN 11/25/2056 | 324,399 | 103.82 | 336,805.24 | 0.48% | MR | 1 | |||
87165BAN3 | SYNCHRONY FINANCIAL 4.375 3/19/2024 | 315,000 | 106.03 | 334,004.21 | 0.47% | B | 1 | |||
38141GWC4 | GOLDMAN SACHS GROUP INC 3 4/26/2022 | 330,000 | 101.16 | 333,841.56 | 0.47% | B | 1 | |||
02209SBB8 | ALTRIA GROUP INC 3.8 2/14/2024 | 313,000 | 105.20 | 329,281.39 | 0.47% | B | 1 | |||
96033WAA6 | WESTR 2018-1A A 3.38 12/20/2031 | 324,395 | 101.22 | 328,345.71 | 0.47% | MR | 1 | |||
59980TAA4 | MCMLT 2016-1 A1 FRN 4/25/2057 | 324,828 | 100.36 | 325,984.01 | 0.46% | MR | 1 | |||
59020ULQ6 | MLMI 2004-A4 A1 FRN 8/25/2034 | 320,931 | 101.36 | 325,302.44 | 0.46% | MR | 1 | |||
501890AA5 | LHOME 2019-RTL1 A1 4.58 10/25/2023 | 315,000 | 102.21 | 321,965.91 | 0.46% | MR | 1 | |||
95000U2C6 | WELLS FARGO & COMPANY 3.75 1/24/2024 | 305,000 | 105.46 | 321,667.60 | 0.46% | B | 1 | |||
17327DAA9 | CMLTI 2018-RP3 A1 FRN 3/25/2061 | 314,926 | 101.67 | 320,188.35 | 0.46% | MR | 1 | |||
89172UAA6 | TPMT 2016-4 A1 FRN 7/25/2056 | 320,716 | 99.69 | 319,737.98 | 0.45% | MR | 1 | |||
89614SAB5 | TAST 2018-2A B 4.76 2/15/2022 | 308,465 | 103.00 | 317,730.86 | 0.45% | MR | 1 | |||
05606XAA2 | BXGNT 2015-A A 2.88 5/2/2030 | 317,673 | 99.99 | 317,632.57 | 0.45% | MR | 1 | |||
88161NAB5 | TESLA 2018-B B 4.12 10/20/2021 | 310,000 | 102.44 | 317,560.34 | 0.45% | MR | 1 | |||
05369AAC5 | AVIATION CAPITAL GROUP 3.875 5/1/2023 | 306,000 | 103.31 | 316,136.79 | 0.45% | B | 1 | |||
16158RAD8 | CHASE 2019-ATR1 A4 FRN 4/25/2049 | 312,480 | 100.86 | 315,174.52 | 0.45% | MR | 1 | |||
07331YAA8 | BOMFT 2017-SPL4 A FRN 1/28/2055 | 308,897 | 101.55 | 313,685.23 | 0.45% | MR | 1 | |||
46644XAC6 | JPMMT 2015-5 A2 FRN 5/25/2045 | 311,489 | 100.22 | 312,174.64 | 0.44% | MR | 1 | |||
19687XAA5 | COLT 2019-1 A1 FRN 3/25/2049 | 308,300 | 100.92 | 311,149.23 | 0.44% | MR | 1 | |||
32059TAE9 | FIAOT 2019-1A C 3.26 3/17/2025 | 305,000 | 101.63 | 309,974.00 | 0.44% | MR | 1 | |||
90352VAB2 | USAUT 2019-1A B 3.99 12/15/2022 | 305,000 | 101.46 | 309,453.58 | 0.44% | MR | 1 | |||
78471WAB1 | SCLP 2018-2 A2 3.35 4/26/2027 | 305,000 | 100.74 | 307,247.58 | 0.44% | MR | 1 | |||
86359BNU1 | SARM 2004-4 3A2 FRN 4/25/2034 | 288,280 | 104.50 | 301,257.85 | 0.43% | MR | 1 | |||
134429BE8 | CAMPBELL SOUP CO 3.65 3/15/2023 | 290,000 | 103.79 | 300,986.95 | 0.43% | B | 1 | |||
05584AAA8 | HGVGI 2017-1A A 2.94 5/25/2029 | 300,062 | 100.26 | 300,850.35 | 0.43% | MR | 1 | |||
42806DBC2 | HERTZ 2016-4A A 2.65 7/25/2022 | 295,000 | 100.50 | 296,467.63 | 0.42% | MR | 1 | |||
12592BAJ3 | CNH INDUSTRIAL CAP LLC 4.2 1/15/2024 | 280,000 | 105.82 | 296,306.58 | 0.42% | B | 1 | |||
466247NT6 | JPMMT 2005-A2 4A1 FRN 4/25/2035 | 289,532 | 102.34 | 296,303.09 | 0.42% | MR | 1 | |||
03066HAG2 | AMCAR 2018-1 D 3.82 3/18/2024 | 285,000 | 103.76 | 295,723.38 | 0.42% | MR | 1 | |||
17322GAA7 | CMLTI 2014-A A FRN 1/25/2035 | 284,423 | 103.95 | 295,645.51 | 0.42% | MR | 1 | |||
21872BAA4 | CAFL 2018-1 A 3.804 6/15/2051 | 281,523 | 103.43 | 291,189.26 | 0.41% | MR | 1 | |||
BL2701110 00001 | VALEANT 06/02/25 TERM LOAN | 284,392 | 100.70 | 286,369.72 | 0.41% | TL | 1 | |||
62854AAN4 | MYLAN NV 3.95 6/15/2026 | 275,000 | 103.90 | 285,728.29 | 0.41% | B | 1 | |||
23343CAE1 | DTAOT 2018-3A C 3.79 7/15/2024 | 280,000 | 101.86 | 285,213.66 | 0.41% | MR | 1 | |||
43789AAA2 | HOF 2018-1 A1 FRN 6/25/2048 | 280,917 | 100.95 | 283,597.10 | 0.40% | MR | 1 | |||
BL2574558 00001 | CALPINE CORPORATION 01/15/24 TERM LOAN | 281,083 | 100.52 | 282,551.96 | 0.40% | TL | 1 | |||
40066NAA4 | GUANAY FINANCE LTD 6 12/15/2020 | 275,175 | 100.93 | 277,720.43 | 0.39% | FB | 1 | |||
43789EAA4 | HOF 2019-1 A1 FRN 1/25/2059 | 273,051 | 101.22 | 276,392.09 | 0.39% | MR | 1 | |||
03065MAF4 | AMCAR 2015-4 C 2.88 7/8/2021 | 273,305 | 100.10 | 273,577.43 | 0.39% | MR | 1 | |||
92343VEP5 | VERIZON COMMUNICATIONS FRN 5/15/2025 | 267,000 | 101.96 | 272,234.01 | 0.39% | B | 1 | |||
89172YAA8 | TPMT 2016-3 A1 FRN 4/25/2056 | 273,009 | 99.71 | 272,229.97 | 0.39% | MR | 1 | |||
17323MAA3 | CMLTI 2015-A A1 FRN 6/25/2058 | 268,985 | 101.15 | 272,077.47 | 0.39% | MR | 1 | |||
35040UAA9 | FFIN 2017-1A A 3.3 7/15/2033 | 266,919 | 100.53 | 268,327.30 | 0.38% | MR | 1 | |||
30165YAC7 | EART 2017-3A B 2.81 9/15/2022 | 267,392 | 100.31 | 268,231.45 | 0.38% | MR | 1 | |||
24702JAD1 | DEFT 2017-2 A3 2.19 10/24/2022 | 266,369 | 100.04 | 266,462.70 | 0.38% | MR | 1 | |||
92537FAA3 | VERUS 2019-INV1 A1 FRN 12/25/2059 | 263,361 | 101.08 | 266,211.37 | 0.38% | MR | 1 | |||
94989EAE7 | WFCM 2015-LC20 A5 3.184 4/15/2050 | 255,000 | 103.98 | 265,158.23 | 0.38% | MR | 1 | |||
709599BC7 | PENSKE TRUCK LEASING/PTL 4.125 8/1/2023 | 250,000 | 105.77 | 264,431.62 | 0.38% | B | 1 | |||
BL2355958 00001 | STATION CASINOS LLC 06/08/23 TERM LOAN | 261,660 | 100.53 | 263,050.53 | 0.37% | TL | 1 | |||
24703DAY7 | DELL INT LLC / EMC CORP 4 7/15/2024 | 250,000 | 104.48 | 261,198.60 | 0.37% | B | 1 | |||
05401AAF8 | AVOLON HOLDINGS FNDG LTD 3.95 7/1/2024 | 249,000 | 104.00 | 258,947.55 | 0.37% | FB | 1 | |||
00772BAF8 | AERCAP IRELAND CAP/GLOBA 4.5 5/15/2021 | 250,000 | 103.40 | 258,505.60 | 0.37% | FB | 1 | |||
120568BA7 | BUNGE LTD FINANCE CORP 4.35 3/15/2024 | 245,000 | 105.34 | 258,084.84 | 0.37% | B | 1 | |||
05526DAV7 | BAT CAPITAL CORP 2.764 8/15/2022 | 255,000 | 100.98 | 257,505.83 | 0.37% | FB | 1 | |||
46647PAD8 | JPMORGAN CHASE & CO FRN 4/25/2023 | 255,000 | 100.88 | 257,240.33 | 0.37% | B | 1 | |||
35634BAB1 | FREED 2018-2 B 4.61 10/20/2025 | 250,000 | 102.59 | 256,482.38 | 0.36% | MR | 1 | |||
68268XAC5 | ODART 2018-1A C 3.85 10/14/2025 | 250,000 | 102.44 | 256,109.68 | 0.36% | MR | 1 | |||
91833JAA8 | VOLT 2019-NPL1 A1A FRN 1/25/2049 | 253,393 | 101.00 | 255,916.15 | 0.36% | MR | 1 | |||
BL2371161 00001 | CENTURYLINK INC 01/31/ 01/31/25 TERM LOAN | 254,832 | 100.37 | 255,764.53 | 0.36% | TL | 1 | |||
89171VAB3 | TPMT 2015-5 A2 FRN 5/25/2055 | 250,000 | 102.14 | 255,348.18 | 0.36% | MR | 1 | |||
172967KY6 | CITIGROUP INC 3.2 10/21/2026 | 245,000 | 103.71 | 254,101.40 | 0.36% | B | 1 | |||
45580KAJ7 | IND & COMM BK CHINA/NY 2.957 11/8/2022 | 250,000 | 101.29 | 253,217.71 | 0.36% | FB | 1 | |||
05357HAJ9 | AVMT 2013-AVM C FRN 12/5/2032 | 250,000 | 100.88 | 252,198.88 | 0.36% | MR | 1 | |||
67098AAC3 | OBX 2019-INV1 A3 FRN 11/25/2048 | 243,675 | 103.50 | 252,196.12 | 0.36% | MR | 1 | |||
38141GWB6 | GOLDMAN SACHS GROUP INC 3.85 1/26/2027 | 235,000 | 105.98 | 249,052.06 | 0.35% | B | 1 | |||
86934NAA7 | SCML 2018-SBC7 A FRN 5/25/2039 | 245,830 | 100.79 | 247,775.32 | 0.35% | MR | 1 | |||
80282KAW6 | SANTANDER HOLDINGS USA 3.5 6/7/2024 | 240,000 | 102.68 | 246,425.76 | 0.35% | B | 1 | |||
BL2552414 00001 | INEOS US FINANCE 04/01/24 Term Loan | 244,484 | 99.85 | 244,118.20 | 0.35% | TL | 1 | |||
228227BE3 | CROWN CASTLE INTL CORP 4.875 4/15/2022 | 230,000 | 105.92 | 243,620.52 | 0.35% | B | 1 | |||
26209WAF0 | DRIVE 2019-3 C 2.9 8/15/2025 | 240,000 | 101.37 | 243,295.34 | 0.35% | MR | 1 | |||
45031UBZ3 | iStar Inc 6 4/1/2022 | 235,000 | 103.38 | 242,943.00 | 0.35% | B | 1 | |||
78432BAA7 | SGR 2019-3 A1 FRN 9/25/2059 | 242,315 | 100.17 | 242,721.34 | 0.34% | MR | 1 | |||
92840VAD4 | VISTRA OPERATIONS CO LLC 3.55 7/15/2024 | 235,000 | 100.78 | 236,830.08 | 0.34% | B | 1 | |||
233293AP4 | DPL INC 4.35 4/15/2029 | 250,000 | 94.51 | 236,277.62 | 0.34% | B | 1 | |||
12647JBJ0 | CSMC 2013-HYB1 A16 FRN 4/25/2043 | 235,046 | 100.07 | 235,200.92 | 0.33% | MR | 1 | |||
69358XAA8 | PRPM 2019-2A A1 FRN 4/25/2024 | 231,305 | 100.34 | 232,085.73 | 0.33% | MR | 1 | |||
46641YAJ2 | JPMMT 2014-2 2A2 FRN 6/25/2029 | 221,794 | 103.00 | 228,447.09 | 0.32% | MR | 1 | |||
247126AJ4 | APTIV CORP 4.15 3/15/2024 | 215,000 | 105.98 | 227,849.11 | 0.32% | B | 1 | |||
455780BQ8 | REPUBLIC OF INDONESIA 5.875 1/15/2024 | 200,000 | 113.16 | 226,319.23 | 0.32% | FB | 1 | |||
55389PAA7 | MVWOT 2019-1A A 2.89 11/20/2036 | 221,362 | 101.53 | 224,739.72 | 0.32% | MR | 1 | |||
57109HAA0 | MFT 2019-2A A 3.13 7/16/2029 | 223,112 | 100.68 | 224,632.04 | 0.32% | MR | 1 | |||
00969DAA8 | AJAXM 2017-B A FRN 9/25/2056 | 221,003 | 100.50 | 222,105.49 | 0.32% | MR | 1 | |||
76119MAA7 | RMLT 2019-1 A1 FRN 10/25/2058 | 217,998 | 101.49 | 221,255.17 | 0.31% | MR | 1 | |||
07386HJG7 | BALTA 2004-5 3A1 FRN 6/25/2034 | 212,695 | 103.97 | 221,128.23 | 0.31% | MR | 1 | |||
36258AAB6 | GCAR 2019-3A B 2.72 6/17/2024 | 220,000 | 100.28 | 220,613.58 | 0.31% | MR | 1 | |||
96042FAF1 | WLAKE 2018-2A D 4 1/16/2024 | 215,000 | 102.49 | 220,346.75 | 0.31% | MR | 1 | |||
57110AAA2 | MFT 2019-4A A 2.39 12/17/2029 | 220,000 | 100.14 | 220,301.36 | 0.31% | MR | 1 | |||
23343JAE6 | DTAOT 2019-4A C 2.73 7/15/2025 | 220,000 | 100.01 | 220,028.73 | 0.31% | MR | 1 | |||
30312JAB4 | FREED 2019-2 B 3.19 11/18/2026 | 220,000 | 99.90 | 219,782.84 | 0.31% | MR | 1 | |||
30167GAE0 | EART 2019-4A C 2.44 9/16/2024 | 220,000 | 99.73 | 219,406.42 | 0.31% | MR | 1 | |||
20268CAA6 | CBSLT 2019-AGS A1 2.54 1/25/2047 | 220,000 | 99.70 | 219,342.46 | 0.31% | MR | 1 | |||
05492MAC9 | BCCFC 2019-1A B 2.664 9/20/2024 | 220,000 | 99.66 | 219,244.06 | 0.31% | MR | 1 | |||
836205AR5 | REPUBLIC OF SOUTH AFRICA 5.875 9/16/2025 | 200,000 | 109.04 | 218,076.00 | 0.31% | FB | 1 | |||
172967LH2 | CITIGROUP INC FRN 4/25/2022 | 215,000 | 101.41 | 218,021.93 | 0.31% | B | 1 | |||
205887CA8 | CONAGRA BRANDS INC 4.3 5/1/2024 | 200,000 | 107.29 | 214,580.44 | 0.30% | B | 1 | |||
63938CAB4 | NAVIENT CORP 5.875 10/25/2024 | 200,000 | 107.25 | 214,498.00 | 0.30% | B | 1 | |||
23343GAE2 | DTAOT 2019-1A C 3.61 11/15/2024 | 210,000 | 101.88 | 213,952.66 | 0.30% | MR | 1 | |||
55400DAA9 | MVWOT 2019-2A A 2.22 10/20/2038 | 214,397 | 99.61 | 213,566.32 | 0.30% | MR | 1 | |||
85208NAD2 | SPRINT SPECTRUM / SPEC I 4.738 3/20/2025 | 200,000 | 105.81 | 211,617.00 | 0.30% | B | 1 | |||
038370AA0 | AQFIT 2019-A A 3.14 7/16/2040 | 210,558 | 100.43 | 211,470.48 | 0.30% | MR | 1 | |||
91678WAA7 | UPST 2019-3 A 2.684 1/21/2030 | 210,000 | 100.22 | 210,469.56 | 0.30% | MR | 1 | |||
80282KAT3 | SANTANDER HOLDINGS USA 3.7 3/28/2022 | 205,000 | 102.63 | 210,401.39 | 0.30% | B | 1 | |||
12510FAC8 | CCG 2019-2 B 2.55 3/15/2027 | 210,000 | 100.15 | 210,318.28 | 0.30% | MR | 1 | |||
629377CK6 | NRG ENERGY INC 3.75 6/15/2024 | 204,000 | 103.07 | 210,254.82 | 0.30% | B | 1 | |||
03846JW22 | ARAB REPUBLIC OF EGYPT 5.875 6/11/2025 | 200,000 | 104.66 | 209,313.00 | 0.30% | FB | 1 | |||
68504UAB7 | ONGLT 2019-A B 3.36 4/9/2038 | 206,552 | 100.93 | 208,469.35 | 0.30% | MR | 1 | |||
900123CV0 | REPUBLIC OF TURKEY 6.35 8/10/2024 | 200,000 | 104.23 | 208,465.40 | 0.30% | FB | 1 | |||
86359BGQ8 | SARM 2004-1 6A FRN 2/25/2034 | 203,334 | 102.23 | 207,871.28 | 0.30% | MR | 1 | |||
90945QAD3 | UACST 2019-1 D 3.47 8/12/2024 | 205,000 | 101.24 | 207,546.39 | 0.29% | MR | 1 | |||
02530DAC0 | ACAR 2019-2 C 3.17 6/12/2025 | 205,000 | 101.17 | 207,389.58 | 0.29% | MR | 1 | |||
962178AN9 | TRI POINTE GROUP / HOMES 5.875 6/15/2024 | 190,000 | 108.29 | 205,753.85 | 0.29% | B | 1 | |||
411707AB8 | HNGRY 2018-1A A2I 4.25 6/20/2048 | 202,950 | 100.91 | 204,788.73 | 0.29% | MR | 1 | |||
66977WAP4 | NOVA CHEMICALS CORP 5 5/1/2025 | 200,000 | 101.75 | 203,498.00 | 0.29% | FB | 1 | |||
BL2702969 00001 | ARAMARK SERVICES 03/28/24 Term Loan | 202,310 | 100.50 | 203,322.43 | 0.29% | TL | 1 | |||
12625GAC8 | CNOOC FINANCE 2013 LTD 3 5/9/2023 | 200,000 | 101.56 | 203,118.38 | 0.29% | FB | 1 | |||
252722AB9 | DROT 2019-1A B 3.53 2/20/2032 | 202,679 | 100.15 | 202,991.86 | 0.29% | MR | 1 | |||
92872KAA5 | VOLT 2019-NPL2 A1 FRN 2/25/2049 | 201,634 | 100.60 | 202,849.55 | 0.29% | MR | 1 | |||
36228FPE0 | GSR 2003-3F 1A6 6 4/25/2033 | 189,357 | 106.29 | 201,267.61 | 0.29% | MR | 1 | |||
761735AR0 | REYNOLDS GRP ISS/REYNOLD FRN 7/15/2021 | 200,000 | 100.35 | 200,700.00 | 0.29% | B | 1 | |||
576434QC1 | MALT 2004-4 6A1 5.5 4/25/2034 | 189,375 | 105.71 | 200,179.51 | 0.28% | MR | 1 | |||
14040HBK0 | CAPITAL ONE FINANCIAL CO 3.75 7/28/2026 | 190,000 | 104.91 | 199,322.61 | 0.28% | B | 1 | |||
04010LAU7 | ARES CAPITAL CORP 3.5 2/10/2023 | 195,000 | 101.06 | 197,069.60 | 0.28% | B | 1 | |||
74937LAA4 | RCO 2019-1 A1 FRN 5/24/2024 | 193,107 | 100.45 | 193,967.38 | 0.28% | MR | 1 | |||
916780AA7 | UPST 2019-2 A 2.897 9/20/2029 | 192,723 | 100.36 | 193,407.84 | 0.27% | MR | 1 | |||
00206RGD8 | AT&T INC FRN 6/12/2024 | 190,000 | 101.66 | 193,144.79 | 0.27% | B | 1 | |||
92536FAA4 | VERUS 2018-1 A1 FRN 2/25/2048 | 190,183 | 100.34 | 190,827.86 | 0.27% | MR | 1 | |||
89173FAA8 | TPMT 2017-1 A1 FRN 10/25/2056 | 189,425 | 100.61 | 190,589.40 | 0.27% | MR | 1 | |||
12592FAA3 | COMM 2014-277P A FRN 8/10/2049 | 180,000 | 105.84 | 190,513.91 | 0.27% | MR | 1 | |||
00085MAA7 | ACC 2019-1 A 3.75 5/20/2022 | 188,690 | 100.57 | 189,772.28 | 0.27% | MR | 1 | |||
83405TAA1 | SCLP 2019-3 A 2.9 5/25/2028 | 187,587 | 100.63 | 188,776.85 | 0.27% | MR | 1 | |||
71654QCD2 | PETROLEOS MEXICANOS 4.625 9/21/2023 | 180,000 | 104.22 | 187,601.80 | 0.27% | FB | 1 | |||
949803AA8 | WFMBS 2004-U A1 FRN 10/25/2034 | 185,980 | 100.24 | 186,434.74 | 0.26% | MR | 1 | |||
BL2385591 00001 | Cablevision Systems 3/17 Cov-Li 07/17/25 Term Loan | 185,465 | 100.15 | 185,742.99 | 0.26% | TL | 1 | |||
036752AJ2 | ANTHEM INC 2.375 1/15/2025 | 185,000 | 99.83 | 184,680.49 | 0.26% | B | 1 | |||
BL2645325 00001 | ILFC (Delos Finance) 3/18 Cov-L 10/06/23 Term Loan | 182,500 | 100.54 | 183,489.15 | 0.26% | TL | 1 | |||
92535TAD9 | VERUS 2018-2 B1 FRN 6/1/2058 | 180,000 | 101.42 | 182,553.88 | 0.26% | MR | 1 | |||
91679KAA2 | UPST 2019-1 A 3.45 4/20/2026 | 181,099 | 100.35 | 181,730.13 | 0.26% | MR | 1 | |||
87342RAC8 | BELL 2016-1A A23 4.97 5/25/2046 | 170,625 | 106.27 | 181,323.09 | 0.26% | MR | 1 | |||
83085DAC9 | SKOP 2019-1A C 3.63 9/16/2024 | 180,000 | 99.94 | 179,885.52 | 0.26% | MR | 1 | |||
42824CBE8 | HP ENTERPRISE CO 2.25 4/1/2023 | 180,000 | 99.72 | 179,494.15 | 0.26% | B | 1 | |||
17323CAD9 | CGCMT 2015-GC27 A4 2.878 2/10/2048 | 175,000 | 102.56 | 179,485.72 | 0.26% | MR | 1 | |||
15189TAW7 | CENTERPOINT ENERGY INC 2.5 9/1/2024 | 180,000 | 99.71 | 179,475.84 | 0.26% | B | 1 | |||
233331AW7 | DTE ENERGY CO 2.529 10/1/2024 | 179,000 | 100.22 | 179,395.68 | 0.25% | B | 1 | |||
38141GVX9 | GOLDMAN SACHS GROUP INC FRN 10/28/2027 | 170,000 | 104.50 | 177,657.10 | 0.25% | B | 1 | |||
38141EB81 | GOLDMAN SACHS GROUP INC FRN 11/29/2023 | 170,000 | 103.49 | 175,936.24 | 0.25% | B | 1 | |||
43800KAA5 | HOF 2019-3 A1 FRN 11/25/2059 | 175,000 | 100.00 | 174,997.29 | 0.25% | MR | 1 | |||
67576TAA7 | OCTL 2019-1A A 3.16 9/20/2023 | 175,000 | 99.99 | 174,986.04 | 0.25% | MR | 1 | |||
65489MAB0 | NMEF 2019-B 3.06% 12/31/2026 | 175,000 | 99.99 | 174,979.30 | 0.25% | MR | 1 | |||
83405AAA2 | SCLP 2017-1 A 3.28 1/26/2026 | 173,758 | 100.35 | 174,361.42 | 0.25% | MR | 1 | |||
74142RAA2 | PRET 2019-NPL3 A1 FRN 7/27/2059 | 172,866 | 100.23 | 173,263.30 | 0.25% | MR | 1 | |||
67113AAP5 | OBX 2019-EXP3 1A8 FRN 10/25/2059 | 171,261 | 100.95 | 172,888.61 | 0.25% | MR | 1 | |||
14366LAA0 | CNART 2019-1A A 2.72 11/15/2022 | 172,732 | 100.08 | 172,862.79 | 0.25% | MR | 1 | |||
92537GAA1 | VERUS 2019-2 A1 FRN 5/25/2059 | 169,124 | 100.86 | 170,579.76 | 0.24% | MR | 1 | |||
369604BQ5 | GENERAL ELECTRIC CO 5 PERPETUAL 6/15/2166 | 175,000 | 97.17 | 170,038.75 | 0.24% | B | 1 | |||
17326QAA1 | CMLTI 2018-RP1 A1 FRN 9/25/2064 | 166,938 | 101.03 | 168,665.60 | 0.24% | MR | 1 | |||
BL2636589 00001 | TransDigm 2/18 C 08/22/24 | 166,190 | 100.46 | 166,951.01 | 0.24% | TL | 1 | |||
64828EAA3 | NRZT 2019-NQM4 A1 FRN 9/25/2059 | 165,674 | 100.02 | 165,706.95 | 0.24% | MR | 1 | |||
21054PAB1 | CLUB 2019-P2 A 2.47 10/15/2026 | 162,864 | 100.09 | 163,014.85 | 0.23% | MR | 1 | |||
46643UDJ5 | JPMMT 2015-1 AM1 FRN 12/25/2044 | 162,746 | 100.04 | 162,805.83 | 0.23% | MR | 1 | |||
096630AD0 | BOARDWALK PIPELINES LP 4.95 12/15/2024 | 150,000 | 108.02 | 162,023.14 | 0.23% | B | 1 | |||
36228F4R4 | GSR 2004-7 3A1 FRN 6/25/2034 | 160,190 | 100.14 | 160,418.78 | 0.23% | MR | 1 | |||
07332CAA5 | BOMFT 2017-RT4 A FRN 7/28/2057 | 155,705 | 102.25 | 159,202.04 | 0.23% | MR | 1 | |||
21052NAA0 | CLUB 2018-P2 A 3.47 10/15/2025 | 157,862 | 100.61 | 158,831.48 | 0.23% | MR | 1 | |||
02528CAC6 | ACAR 2019-1 B 3.32 4/12/2023 | 155,000 | 101.02 | 156,581.99 | 0.22% | MR | 1 | |||
949458AA1 | WLKRG 2015-AA A 2.79 6/16/2031 | 155,976 | 100.16 | 156,220.80 | 0.22% | MR | 1 | |||
17324VAH7 | CMLTI 2015-PS1 A1 FRN 9/25/2042 | 152,263 | 102.42 | 155,945.71 | 0.22% | MR | 1 | |||
00772BAR2 | AERCAP IRELAND CAP/GLOBA 3.95 2/1/2022 | 150,000 | 103.33 | 155,001.61 | 0.22% | FB | 1 | |||
86359A5V1 | SASC 2003-34A 6A FRN 11/25/2033 | 150,821 | 101.75 | 153,463.09 | 0.22% | MR | 1 | |||
78471FAA0 | SCLP 2016-3 A 3.05 12/26/2025 | 152,720 | 100.21 | 153,039.09 | 0.22% | MR | 1 | |||
85211XAA1 | SHMLT 2019-SH1 A1 FRN 4/29/2049 | 151,631 | 100.89 | 152,981.27 | 0.22% | MR | 1 | |||
06051GBE8 | BAFC 2004-A 5A1 FRN 7/20/2034 | 149,445 | 102.34 | 152,938.65 | 0.22% | MR | 1 | |||
06051GHB8 | BANK OF AMERICA CORP FRN 2/5/2026 | 153,000 | 99.83 | 152,742.26 | 0.22% | B | 1 | |||
92537BAA2 | VERUS 2018-3 A1 FRN 10/25/2058 | 146,856 | 101.36 | 148,852.49 | 0.21% | MR | 1 | |||
86933YAA4 | SCML 2017-SBC6 A FRN 5/25/2037 | 147,723 | 100.53 | 148,509.84 | 0.21% | MR | 1 | |||
32058NAJ2 | FIAOT 2017-1A D 3.6 4/17/2023 | 145,000 | 101.60 | 147,317.10 | 0.21% | MR | 1 | |||
65341KBA3 | NFMOT 2018-1A A2 3.22 2/15/2023 | 145,000 | 101.32 | 146,912.78 | 0.21% | MR | 1 | |||
BL3183086 00001 | VIRGIN MEDIA 9/19 (USD) 01/31/28 TERM LOAN | 145,000 | 100.49 | 145,714.85 | 0.21% | TL | 1 | |||
576434J39 | MALT 2005-2 2A1 6 1/25/2035 | 136,301 | 106.37 | 144,985.09 | 0.21% | MR | 1 | |||
07324YAC3 | BAYC 2006-2A A2 FRN 7/25/2036 | 149,066 | 97.01 | 144,605.61 | 0.21% | MR | 1 | |||
152314LE8 | CXHE 2004-D AF5 5.85 9/25/2034 | 141,996 | 101.49 | 144,115.32 | 0.20% | MR | 1 | |||
74362DAA6 | PMIT 2019-3A A 3.19 7/15/2025 | 139,294 | 100.54 | 140,043.95 | 0.20% | MR | 1 | |||
12652BAB7 | CPS 2017-D B 2.43 1/18/2022 | 138,932 | 100.04 | 138,984.13 | 0.20% | MR | 1 | |||
68504TAA2 | ONGLT 2015-AA A 2.88 9/8/2027 | 136,033 | 100.59 | 136,835.60 | 0.19% | MR | 1 | |||
94981VAB3 | WFMBS 2004-K 1A2 FRN 7/25/2034 | 135,480 | 100.24 | 135,799.51 | 0.19% | MR | 1 | |||
042858AA8 | ARRW 2019-2 A1 FRN 4/25/2049 | 133,139 | 101.57 | 135,224.17 | 0.19% | MR | 1 | |||
96033CAA0 | WESTR 2016-1A A 3.5 12/20/2028 | 134,397 | 100.40 | 134,934.28 | 0.19% | MR | 1 | |||
86359BBS9 | SASC 2003-37A 2A FRN 12/25/2033 | 130,894 | 103.04 | 134,871.59 | 0.19% | MR | 1 | |||
20826JAB4 | CONN 2018-A B 4.65 1/15/2023 | 133,580 | 100.58 | 134,359.19 | 0.19% | MR | 1 | |||
05367MAA5 | AVID 2018-1 A 2.84 8/15/2023 | 133,381 | 100.13 | 133,554.05 | 0.19% | MR | 1 | |||
12061AAA6 | BHLD 2019-1 A1 3.613 10/26/2048 | 130,476 | 101.40 | 132,303.68 | 0.19% | MR | 1 | |||
03463TAA8 | AOMT 2018-1 A1 FRN 4/27/2048 | 131,252 | 100.58 | 132,013.65 | 0.19% | MR | 1 | |||
33843NAE1 | FCAT 2016-2 B 3.84 9/15/2022 | 131,293 | 100.38 | 131,793.46 | 0.19% | MR | 1 | |||
89178AAA4 | TPHT 2019-HE1 A1 FRN 4/25/2048 | 130,569 | 100.39 | 131,075.05 | 0.19% | MR | 1 | |||
55388PAB6 | MVWOT 2015-1A B 2.96 12/20/2032 | 130,345 | 100.23 | 130,645.52 | 0.19% | MR | 1 | |||
05946XPV9 | BAFC 2005-1 1A1 5.5 2/25/2035 | 127,384 | 102.35 | 130,383.32 | 0.19% | MR | 1 | |||
19687VAA9 | COLT 2018-2 A1 FRN 7/27/2048 | 127,175 | 100.60 | 127,941.98 | 0.18% | MR | 1 | |||
64828YAR2 | NRZT 2014-2A A3 FRN 5/25/2054 | 121,158 | 103.58 | 125,500.29 | 0.18% | MR | 1 | |||
83405XAA2 | SCLP 2018-3 A1 3.2 8/25/2027 | 121,599 | 100.20 | 121,844.39 | 0.17% | MR | 1 | |||
26208FAJ0 | DRIVE 2017-2 C 2.75 9/15/2023 | 118,849 | 100.02 | 118,871.83 | 0.17% | MR | 1 | |||
91678RAB6 | UPST 2017-2 B 3.748 3/20/2025 | 115,499 | 100.20 | 115,732.90 | 0.16% | MR | 1 | |||
900123AW0 | REPUBLIC OF TURKEY 7.375 2/5/2025 | 105,000 | 108.46 | 113,880.59 | 0.16% | FB | 1 | |||
36418GAU8 | GFMT 2018-2 A41 FRN 10/25/2058 | 109,611 | 102.54 | 112,391.65 | 0.16% | MR | 1 | |||
BL3112358 00001 | CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN | 110,000 | 100.61 | 110,668.25 | 0.16% | TL | 1 | |||
88033GCY4 | TENET HEALTHCARE CORP 4.875 1/1/2026 | 105,000 | 104.38 | 109,593.75 | 0.16% | B | 1 | |||
BL2870022 00001 | NEXSTAR BROADCAS 09/21/2026 | 105,000 | 100.65 | 105,682.50 | 0.15% | TL | 1 | |||
635419AE4 | NATCM 2008-1 2A1 6 3/25/2038 | 102,417 | 102.15 | 104,616.75 | 0.15% | MR | 1 | |||
466247K51 | JPMMT 2006-A2 4A1 FRN 8/25/2034 | 97,880 | 104.79 | 102,571.95 | 0.15% | MR | 1 | |||
42806DAH2 | HERTZ 2015-3A A 2.67 9/25/2021 | 101,000 | 100.33 | 101,336.93 | 0.14% | MR | 1 | |||
151608AB2 | CPF 2012-2A 1 2.61 8/20/2021 | 100,395 | 99.77 | 100,165.51 | 0.14% | MR | 1 | |||
31573TAC2 | EFMT 2019-2 A3 FRN 11/25/2059 | 100,000 | 100.00 | 99,999.30 | 0.14% | MR | 1 | |||
576436CN7 | MASD 2005-3 A2 5.704 11/25/2035 | 97,621 | 100.88 | 98,480.98 | 0.14% | MR | 1 | |||
64828JAA2 | NRZT 2018-NQM1 A1 FRN 11/25/2048 | 97,058 | 101.46 | 98,471.40 | 0.14% | MR | 1 | |||
38061LAA7 | GLDKR 2014-A A 3.22 3/17/2031 | 97,657 | 100.10 | 97,750.26 | 0.14% | MR | 1 | |||
9292274D5 | WAMU 2003-AR6 A1 FRN 6/25/2033 | 94,333 | 103.46 | 97,600.62 | 0.14% | MR | 1 | |||
22541Q2D3 | CSFB 2003-AR30 5A1 FRN 1/25/2034 | 93,149 | 102.42 | 95,401.89 | 0.14% | MR | 1 | |||
03463VAA3 | AOMT 2018-2 A1 FRN 7/27/2048 | 90,763 | 101.32 | 91,957.11 | 0.13% | MR | 1 | |||
92257LAB6 | VCC 2017-1 AFX FRN 5/25/2047 | 91,516 | 99.82 | 91,351.97 | 0.13% | MR | 1 | |||
909287AA2 | UAL 2007 PASS TRUST 6.636 7/2/2022 | 82,079 | 106.50 | 87,414.02 | 0.12% | B | 1 | |||
64829YAA8 | NRZT 2019-NQM1 A1 FRN 1/25/2049 | 86,069 | 101.01 | 86,936.07 | 0.12% | MR | 1 | |||
12667FRY3 | CWALT 2004-22CB 1A1 6 10/25/2034 | 81,234 | 102.63 | 83,371.08 | 0.12% | MR | 1 | |||
17288XAB0 | CITADEL LP 4.875 1/15/2027 | 75,000 | 104.76 | 78,572.31 | 0.11% | B | 1 | |||
30166JAC9 | EART 2017-1A B 3 12/15/2021 | 77,953 | 100.19 | 78,099.61 | 0.11% | MR | 1 | |||
BL3117563 00001 | ALBERTSON'S 10/18 B7 COV-LITE TERM LOAN | 76,450 | 100.84 | 77,091.02 | 0.11% | TL | 1 | |||
00436KAA7 | APF 2017-A A 3.06 4/15/2029 | 75,767 | 100.02 | 75,779.32 | 0.11% | MR | 1 | |||
893647BE6 | TRANSDIGM INC 6.25 3/15/2026 | 70,000 | 108.07 | 75,651.38 | 0.11% | B | 1 | |||
24381FAC9 | DRMT 2017-3A A3 FRN 10/25/2047 | 71,608 | 100.13 | 71,699.45 | 0.10% | MR | 1 | |||
BL3108760 | KESTREL BIDCO INC 08/07/2026 | 70,000 | 100.76 | 70,534.45 | 0.10% | TL | 1 | |||
92536MAC5 | VERUS 2018-INV1 A3 FRN 3/25/2058 | 66,164 | 100.82 | 66,707.67 | 0.09% | MR | 1 | |||
05606VAA6 | BXGNT 2013-A A 3.01 12/4/2028 | 62,583 | 99.83 | 62,477.53 | 0.09% | MR | 1 | |||
45031UCF6 | ISTAR INC 4.75 10/1/2024 | 60,000 | 104.00 | 62,399.40 | 0.09% | B | 1 | |||
92536BAA3 | VERUS 2017-1A A1 FRN 1/25/2047 | 59,000 | 100.29 | 59,173.05 | 0.08% | MR | 1 | |||
89114QCA4 | TORONTO-DOMINION BANK 2.65 6/12/2024 | 57,000 | 102.21 | 58,258.02 | 0.08% | FB | 1 | |||
86359BNT4 | SARM 2004-4 3A1 FRN 4/25/2034 | 54,132 | 104.31 | 56,467.20 | 0.08% | MR | 1 | |||
534187AU3 | LINCOLN NATIONAL CORP FRN 4/20/2067 | 60,000 | 83.15 | 49,891.20 | 0.07% | B | 1 | |||
939336J38 | WAMMS 2003-AR4 2A1 FRN 8/25/2033 | 49,820 | 99.69 | 49,664.00 | 0.07% | MR | 1 | |||
35104VAB8 | FCRT 2016-1 A2 2.87 10/15/2021 | 48,809 | 100.07 | 48,841.35 | 0.07% | MR | 1 | |||
82967NBE7 | SIRIUS XM RADIO INC 4.625 7/15/2024 | 45,000 | 105.13 | 47,306.25 | 0.07% | B | 1 | |||
94981VAY3 | WFMBS 2004-K 2A12 FRN 7/25/2034 | 41,804 | 100.31 | 41,934.55 | 0.06% | MR | 1 | |||
07325VAC8 | BAYV 2007-A 1A2 6.205 5/28/2037 | 41,198 | 100.05 | 41,217.41 | 0.06% | MR | 1 | |||
04542BMU3 | ABFC 2005-AQ1 A6 4.702083 1/25/2035 | 39,285 | 103.30 | 40,581.18 | 0.06% | MR | 1 | |||
00435QAA5 | ACC 2018-1 A 3.7 12/21/2020 | 29,514 | 100.07 | 29,535.82 | 0.04% | MR | 1 | |||
22541SXJ2 | CSFB 2004-AR8 6A1 FRN 9/25/2034 | 26,899 | 102.03 | 27,444.46 | 0.04% | MR | 1 | |||
538034AR0 | LIVE NATION ENTERTAINMEN 4.75 10/15/2027 | 25,000 | 103.25 | 25,811.88 | 0.04% | B | 1 | |||
BL3089549 | Genesee & Wyoming 10/19 Cov-Lit Term Loan | 25,000 | 100.89 | 25,223.25 | 0.04% | TL | 1 | |||
BL2849315 00001 | COMMSCOPE INC 04/06/26 TERM LOAN | 25,000 | 100.17 | 25,041.75 | 0.04% | TL | 1 | |||
22541SX29 | CSFB 2004-8 6A1 4.5 12/25/2019 | 22,007 | 100.00 | 22,006.70 | 0.03% | MR | 1 | |||
23341KAC9 | DRB 2015-D A3 2.5 1/25/2036 | 16,963 | 100.02 | 16,965.59 | 0.02% | MR | 1 | |||
36242DSS3 | GSAA 2005-1 AF4 5.619 11/25/2034 | 15,363 | 100.02 | 15,366.28 | 0.02% | MR | 1 | |||
744320AM4 | PRUDENTIAL FINANCIAL INC FRN 6/15/2043 | 14,000 | 109.06 | 15,268.89 | 0.02% | B | 1 | |||
210805DS3 | CONTL AIRLINES 1999-2 6.236 3/15/2020 | 15,075 | 100.82 | 15,198.35 | 0.02% | B | 1 | |||
BL2828715 | Select Medical Corp 03/06/25 Term Loan | 15,000 | 100.38 | 15,056.25 | 0.02% | TL | 1 | |||
26223UAD1 | DRUGB 2014-1 A2 3.484 7/15/2023 | 13,653 | 100.02 | 13,655.01 | 0.02% | MR | 1 | |||
83085LAA5 | SKOP 2018-1A A 3.19 9/15/2021 | 12,813 | 100.02 | 12,816.00 | 0.02% | MR | 1 | |||
83405DAB4 | SOFI 2017-C A2A 1.75 7/25/2040 | 7,019.91 | 99.971795 | 7,017.93 | 0.01% | MR | ||||
X9USDJPMR | JP MORGAN USD GOVT MONEY MARKET INSTL | 997,583.73 | 1 | 997,583.73 | 1.42% | MM | ||||
CASH | -382,083.69 | 100 | -382,083.69 | -0.54% | 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 10/31/2019
MINC Sector Allocation
FUND
Fixed Income Attributes
As of 10/31/2019
_ | MINC |
---|---|
Duration | 1.86 years |
Yield to Maturity | 2.92% |
30-Day SEC Subsidized Yield | 2.56% |
30-Day SEC Unsubsidized Yield | 2.44% |
Past Performance is not indicative of future results. Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates mean falling bond prices, while declining interest rates mean rising bond prices. 30–Day SEC Yield (Standardized Yield) is an annualized yield that is calculated by dividing the investment income earned by the Fund less expenses over the most recent 30-day period by the current maximum offering price. The Subsidized Yield reflects fee waivers and/or expense reimbursements recorded by the Fund during the period. Without waivers and/or reimbursements, yields would be reduced. The Unsubsidized Yield does not adjust for any fee waivers and/ or expense reimbursements in effect. If the Fund does not incur any fee waivers and/or expense reimbursements during the period, the 30-Day Subsidized Yield and 30-Day Unsubsidized Yield will be identical.
FUND
Documents
FUND
Fees & Expenses
Management Fee | 0.50% |
Other Expenses | 0.46% |
Acquired Fund Fees | 0.01% |
Gross Expense Ratio | 0.97% |
Fee Waiver and/or Expense Reimbursement | -0.21% |
Net Expense Ratio | 0.76% |
Effective as of March 16, 2019, the management fee paid by the Fund to AdvisorShares Investments, LLC has been reduced from 0.65% to 0.50% of the Fund’s average daily net assets. The Advisor has contractually agreed to reduce its fees and/or reimburse expenses to keep net expenses (excluding amounts payable pursuant to any plan adopted in accordance with Rule 12b-1, interest expense, taxes, brokerage commissions, acquired fund fees and expenses, other expenditures which are capitalized in accordance with generally accepted accounting principles, and extraordinary expenses) from exceeding 0.75% of the Fund’s average daily net assets for at least one year from the date of the Prospectus
Last Ten
Fund Distributions
Ex-Date | Record Date | Pay Date | Cash Div | ST Cap Gain | LT Cap Gain | Return of Capital | Total Distribution (per share) | MINC | |
---|---|---|---|---|---|---|---|---|---|
12/27/2019 | 12/30/2019 | 12/31/2019 | - | - | - | - | - | FORMULA | |
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 | |
11/26/2019 | 11/27/2019 | 11/29/2019 | $0.102970 | $0.000000 | $0.000000 | $0.000000 | $0.102970 | 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 | |
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
- 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 11/30/2019. Category consists of 490 funds in 3 year and 440 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.