AlphaCentric Real Income Fund Class C (SIICX)

Overview

The fund is an investment entity focused on generating returns through a range of interest-bearing fixed income securities and other investment vehicles. It aims to meet its investment objectives by primarily investing in convertible bonds and dividend-paying equity securities. Its strategy includes investing in both senior and subordinate collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs), as well as the senior and subordinate debt securities and equity securities of businesses that are not related to real estate and mortgages. The fund operates on a non-diversified basis, allowing it to potentially take larger positions in fewer investments to achieve its desired financial outcomes.

Products and Services

The fund offers a variety of investment products and services designed to cater to the needs of investors seeking income and growth through exposure to fixed income and equity markets. These include:

• Interest-bearing Fixed Income Securities: Investments in bonds and other debt instruments that pay regular interest, aimed at providing steady income to investors.
• Convertible Bonds: Special type of bonds that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, combining the benefits of fixed-income investments with the potential for equity upside.
• Dividend Paying Equity Securities: Investments in stocks that pay dividends, offering the opportunity for income along with the potential for capital appreciation.
• Collateralized Debt Obligations (CDOs): A form of structured asset-backed security whose value and payments are derived from a portfolio of fixed-income underlying assets. CDOs are segmented into different risk classes or tranches, catering to a wide range of risk appetites.
• Collateralized Loan Obligations (CLOs): Similar to CDOs but specifically focused on loans as the underlying assets, CLOs are also divided into tranches of varying risk and return profiles.
• Senior and Subordinate Debt Securities: Investments in the higher priority (senior) and lower priority (subordinate) debt obligations of corporations, which differ in their claim over the issuer's assets in case of default.
• Equity Securities of Businesses Unrelated to Real Estate and Mortgages: Investment in the equity of companies operating outside of the real estate and mortgage industries, diversifying the fund's exposure across different sectors.