Sold 395,379 shares, with an estimated $23.66 million net position decrease Represents a trade of approximately 0.6116% of fund AUM Post-trade stake: 361,611 shares valued at $21.66 million Position now 0.56% of fund AUM, which places it outside the fund's top five holdings These 10 Stocks Could Mint the Next Wave of Millionaires ›
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 28,020 | $1.67M | $1.68M | $3,572.07 | 0.21% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 27 | $1,613.89 | $1,615.18 | $1.29 | 0.08% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 282,849 | $16.88M | $16.92M | $39,838.51 | 0.24% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 75,955 | $4.55M | $4.54M | -$4,334.5 | -0.1% |
| RC Robert Chess L.M. Kohn & Company | 18,717 | $1.12M | $1.12M | $3,149.45 | 0.28% |
| NASDAQ (NMS) Exchange | US Country |
The company operates within the financial sector, focusing on investment strategies that involve U.S. dollar-denominated fixed- and variable-rate debt securities. It aims to provide its clients with a stable and potentially profitable investment portfolio, adhering to a principle of investing at least 80% of its net assets in carefully selected debt securities. The investment approach of the company is designed to cater to investors seeking relatively short-term placements, as evidenced by the portfolio's expected average duration of less than one year and an average maturity of less than three years. This strategy positions the company to attract investors looking for lower-risk investments and those interested in maximizing income while minimizing potential losses due to market volatility.
This product targets investors seeking stable and predictable returns. Fixed-rate debt securities provide regular interest payments, making them an attractive option for income-focused investors. The company ensures these are U.S. dollar-denominated to reduce the currency risk for investors.
For investors looking to benefit from fluctuating interest rates, variable-rate debt securities present an appealing choice. These instruments adjust their interest rates periodically, based on predetermined rates or market indices. This can potentially offer higher returns compared to fixed-rate securities during periods of rising interest rates while also being denominated in U.S. dollars to manage currency exposure.