Advisors Capital Tactical Fixed Income Fund (ACTIX)

Overview

The fund is focused on achieving long-term capital growth by investing primarily in stocks of medium to large companies that are considered undervalued at the time of purchase. The goal is to identify stocks that are out of favor in the market or whose value has not yet been recognized by the market. The portfolio managers employ a detailed selection process that involves looking for companies with unreflected earnings, cash flows, and/or assets in their stock prices. This approach aims to invest in companies at a price less than their perceived true market value, hoping the market will eventually realize the true worth, leading to potential capital appreciation for the fund's investors.

Products and Services

The investment vehicle provides a singular service, which can be broken down as follows:

• Capital Growth Investments:

  This service is dedicated to identifying and investing in medium to large undervalued companies with the expectation of long-term capital growth. The fund managers rely on a rigorous evaluation process, focusing on companies that are currently out of favor with investors or whose potential has not been fully recognized by the market. This assessment is primarily based on scrutinizing the earnings, cash flow, and asset valuations of these companies, betting on the premise that the market will eventually recognize their inherent worth and correct their stock prices upwards, resulting in capital gains for the fund’s investors.