Though not entirely immune to recent shockwaves experienced in the bond market, high-yield corporate debt has proved surprisingly sturdy. The caveat is that higher-quality junk bonds have fared better than more speculative corporate debt when spreads recently widened.
It's the end of the year. That means now's the time many index providers rebalance or reconfigure equity and fixed income gauges.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 8,250 | $377,501.17 | $379,087.5 | $1,586.33 | 0.42% |
| SS Sandra Stickney Collaborative Wealth Managment Inc. | 8,995 | $399,415.5 | $413,275.27 | $13,859.77 | 3.47% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,339 | $60,601.75 | $61,547.13 | $945.38 | 1.56% |
Ana-Maria Ignat Covestor Ltd | 309 | $14,378.08 | $14,175.37 | -$202.71 | -1.41% |
| MFA Millington Financial Advisors LLC Millington Financial Advisors LLC | 33,078 | $1.48M | $1.52M | $41,146.45 | 2.79% |
| BATS Exchange | US Country |
The company is primarily engaged in managing a fund that focuses on investing in the U.S. non-investment-grade corporate bond market. It adheres to a strategy where at least 80% of its total assets are invested in securities that form part of a specified index or have economic characteristics similar to those index components. The aim is to mirror the performance of selected issuers which exhibit favorable fundamental and income qualities. Despite concentrating on bonds deemed to have higher risk due to their non-investment-grade status, the company seeks to identify opportunities that promise beneficial returns. The fund manages its investments with a non-diversified approach, indicating a potentially higher risk and reward ratio compared to more diversified funds.
The primary offerings of the company revolve around its specialized investment strategy focusing on non-investment-grade bonds. Below are the core products and services provided:
This service targets the U.S. corporate bond market, specifically focusing on bonds that are rated below investment grade. The selection criteria for these bonds are based on comprehensive analysis to identify those with favorable fundamental and income characteristics, aiming to provide investors with a balance of risk and potential return.
The fund commits at least 80% of its assets in securities that either are part of a specific index or possess similar economic characteristics as those indexed securities. This strategy is designed to ensure that the fund’s performance closely tracks or mirrors the performance of the chosen index, which is comprised of issuers selected for their promising fundamental and income profiles within the non-investment-grade segment.