| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 11,213 | $268,103 | $269,896.91 | $1,793.91 | 0.67% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 4 | $95.64 | $96.3 | $0.66 | 0.69% |
| YA Yinka Akinsola Blue Trust Inc. | 2,885 | $69,355.4 | $69,441.95 | $86.55 | 0.12% |
| FCG Financial Connections Group Inc. Financial Connections Group Inc. | 50,552 | $1.21M | $1.22M | $7,990.29 | 0.66% |
| PO Patrick O'Connell Security Financial Services Inc. | 8,993 | $215,022.63 | $216,641.37 | $1,618.74 | 0.75% |
| ARCA Exchange | US Country |
The fund is designed primarily for investors seeking to achieve their investment objectives through exposure to the municipal bond market. It commits at least 80% of its assets into municipal bonds, which are debt obligations funded by government entities or qualified issuers. These bonds offer interest earnings that are generally exempt from federal income tax, according to the issuer's bond counsel. The fund's management currently focuses on investing mainly in investment-grade municipal bonds, aiming to provide a balance between returns and risk. The strategy emphasizes the fund's non-diversified status, meaning it may concentrate its investments more than a diversified fund might.
This service involves investing a significant portion of the fund's assets in municipal bonds. These are debt securities issued by governmental entities or entities qualified to issue tax-exempt municipal bonds according to federal law. The primary appeal of these investments is their potential to provide tax-free income, making them an attractive option for investors seeking to reduce their taxable income.
While the fund has the flexibility to invest across various rating categories, its current strategy favors investment-grade municipal bonds. Investment-grade bonds are deemed to have a lower risk of default compared to lower-rated securities, which translates into a more stable investment option. This focus is designed to appeal to conservative investors seeking reliable income streams with a moderate level of risk.