| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 35 | $606.9 | $602 | -$4.9 | -0.81% |
| BMH Brandi M. Hoffmann Allianz Investment Management U.S. LLC | 1.25M | $21.95M | $21.48M | -$474,525.38 | -2.16% |
Adam J. Peck Riverwater Partners LLC | 65,076 | $1.11M | $1.12M | $12,082.8 | 1.09% |
| TM Thomas Mason Mason & Associates Inc. | 13,382 | $232,043.88 | $230,237.31 | -$1,806.57 | -0.78% |
| PIL PFG Investments LLC PFG Investments LLC | 27,589 | $470,763.21 | $473,154.11 | $2,390.9 | 0.51% |
| ARCA Exchange | US Country |
The described fund is a financial vehicle primarily focused on investing in mortgage-backed securities. These securities are notable for being backed by pools of mortgage loans. A distinguishing characteristic of the investment strategy is the focus on loans believed to have been made to minority families, low-income families, and/or families residing in persistent poverty areas. This focus underscores a commitment to social impact investing, aiming to provide support to underserved communities through the investment in their housing finance. Additionally, the fund explores investment opportunities in mortgage-backed securities that are sourced from non-traditional originators. These originators include Community Development Financial Institutions (CDFIs) and minority-owned banks, further emphasizing the fund's commitment to fostering economic development within these communities. The fund operates with a non-diversified status, indicating a potential for more significant investment in fewer securities, which could lead to higher risk and return possibilities.
The primary service offered by the fund involves the investment in mortgage-backed securities. These securities are distinct because they are backed by pools of mortgage loans. The fund specifically targets those backed by loans made to demographic groups such as minority families, low-income families, and families living in persistent poverty areas. This targeted investment strategy not only seeks financial returns but also aims to make a positive impact on communities that face systemic financial challenges.
Another key component of the fund’s investment strategy is the allocation of capital to mortgage-backed securities that originate from non-traditional sources. This includes loans sourced from Community Development Financial Institutions (CDFIs) and minority-owned banks. The inclusion of these originators extends the fund’s social impact by supporting financial institutions that have a direct positive effect on the communities they serve. Investing in securities from these sources helps to channel funds into areas that conventional financial services may overlook, aiding in the economic development and empowerment of minority and low-income communities.