| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 93 | $5,044.32 | $5,044.31 | -$0.01 | - |
Austin Private Wealth Austin Private Wealth LLC | 41,617 | $2.23M | $2.26M | $23,124.94 | 1.04% |
Jeffery Yorg Focus Partners Advisor Solutions LLC | 4,966 | $268,809.58 | $269,355.84 | $546.26 | 0.2% |
| XPN XY Planning Network Inc. XY Planning Network Inc. | 6,811 | $369,411.92 | $368,679.43 | -$732.49 | -0.2% |
| OFA Olalekan F. Adeduji Washington Trust Advisors Inc. | 1,387 | $76,840.73 | $75,300.23 | -$1,540.5 | -2% |
| NASDAQ (NMS) Exchange | US Country |
The fund described is a versatile investment vehicle targeting total returns through a strategic mix of corporate debt instruments. It leverages the vast universe of U.S. and international corporate debt securities that have a maximum maturity of twenty years from the settlement date. In pursuit of maximizing returns, the fund generally focuses on investing in debt securities that are rated from A+ to BBB- by S&P or Fitch, or A1 to Baa3 by Moody’s, which situates them in the lower end of the investment-grade spectrum. Not limited to just these, the fund also has the latitude to diversify its portfolio by investing in securities that are either above these ratings or even below, in the below-investment grade category, based on the analysis of potential credit premiums.
The fund invests primarily in a broad array of corporate debt securities, targeting instruments that have up to a twenty-year maturity from their settlement date. This includes a focus on investments within the United States as well as international markets, providing a diversified exposure to corporate debt.
Investment-grade securities form the core of the fund's strategy. These are debt securities rated between A+ to BBB- by S&P or Fitch, or A1 to Baa3 by Moody’s. The choice of these securities is motivated by their relative safety and the steady returns they can provide, making them a staple for investors seeking a lower risk profile.
As part of its strategy to maximize total returns, the fund may also allocate a portion of its assets to below-investment grade securities. These are typically associated with higher risk compared to investment-grade securities but offer the possibility of higher returns. The investment in below-investment grade securities is carefully assessed based on the expected credit premium, allowing for a balanced approach to risk and return.
In addition to the fundamental investment-grade range, the fund may also invest in securities rated above A+ or A1. These higher-rated investment-grade securities offer an even greater level of security and stability, which can be appealing for conservative investment strategies. This option allows the fund to adapt its risk profile and potentially secure stable, albeit possibly lower, returns.