MINC
AdvisorShares Newfleet Mult-Sect Inc ETF
Bloomberg US Agg Bond TR USD
NAV as of
4 Week: 44.67 - 45.23
52 Week: 44.25 - 46.22
Latest Closing Price
44.67
Premium / Discount
-0.09
Expense Ratio
0.75%
Investment Objective
The investment seeks to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value ("NAV") due to changes in interest rates. The Sub-Advisor applies a time-tested approach and extensive credit research to capitalize on opportunities across undervalued areas of the bond markets. The fund principally invests in investment-grade securities, which are securities with credit ratings within the four highest rating categories of a nationally recognized statistical rating organization or, if unrated, those securities that the Sub-Advisor determines to be of comparable quality.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.35 | 0.28 | 1.23 |
| 1 Day | -0.13 | 0.00 | 0.00 |
| 1 Week | -0.52 | 0.25 | -2.08 |
| 1 Month | -0.95 | 0.69 | -1.38 |
| 3 Months | 0.06 | 2.48 | 0.02 |
| 6 Months | 0.15 | 3.15 | 0.05 |
| 1 Year | -3.40 | 4.02 | -0.84 |
| 2 Years | -8.57 | 4.66 | -1.84 |
| 3 Years | -5.61 | 5.26 | -1.07 |
| 5 Years | -6.77 | 9.42 | -0.72 |
| 10 Years | -11.26 | 11.57 | -0.97 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 2.1144 | 1.2727 | 3.2440 | 2.3070 | 0.5373 | 5.3384 | 3.5457 | 0.1399 | -5.6800 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 9.0000 | 2.0000 | 14.0000 | 18.0000 | 78.0000 | 29.0000 | 58.0000 | 32.0000 | 68.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 22/05/2022 | 30/05/2022 | 0.0615 |
| 24/04/2022 | 28/04/2022 | 0.0699 |
| 21/03/2022 | 30/03/2022 | 0.0576 |
| 21/02/2022 | 27/02/2022 | 0.0544 |
| 24/01/2017 | 30/01/2017 | 0.0891 |
| 22/12/2016 | 29/12/2016 | 0.1307 |
| 24/08/2016 | 30/08/2016 | 0.1111 |
| 24/07/2016 | 28/07/2016 | 0.1143 |
| 23/06/2016 | 29/06/2016 | 0.1158 |
| 23/05/2016 | 30/05/2016 | 0.1118 |
Portfolio Data
Total Number of Holdings: 155
Number of Bond Holdings: 150
Number of Equity Holdings: 0
Total Market Value: 17,666,955
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | United States Treasury Notes 1.75% | 1.7573 | 1,225,000 | 0 | 1,228,852 |
| 2 | SBA Tower Trust 3.17% | 1.1284 | 780,000 | 0 | 789,030 |
| 3 | SBA Tower Trust 2.88% | 1.1214 | 780,000 | 0 | 784,130 |
| 4 | Federal National Mortgage Association 3.5% | 1.0300 | 702,854 | 0 | 720,281 |
| 5 | Bx Trust 2018 2.93% | 1.0007 | 700,000 | 0 | 699,750 |
| 6 | First Investors Auto Owner Trust 2011 2.65% | 0.9319 | 650,000 | 0 | 651,673 |
| 7 | Chrysler Capital Auto Receivables Trust 4.17% | 0.9099 | 635,000 | 0 | 636,267 |
| 8 | Tidewater Auto Recv Tr 2018-A 3.45% | 0.7579 | 525,000 | 0 | 529,948 |
| 9 | New Residential (B1-I0) 2016-3 3.75% | 0.7258 | 487,948 | 0 | 507,519 |
| 10 | STARWOOD WAYPOINT HOMES TRUST 2.86% | 0.6900 | 482,714 | 0 | 482,478 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.00 |
| Medium | 0.00 |
| Small | 0.00 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
150
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 13.00 |
| Average Weighted Coupon* | 3.37 |
| Average Weighted Price* | 93.93 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 34.36 |
| AA | 4.53 |
| A | 8.84 |
| BBB | 19.97 |
| BB | 5.90 |
| B | 0.22 |
| Below B | 0.00 |
| Not Rated | 26.18 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 12.51 |
| 3 to 5 Years | 24.38 |
| 5 to 7 Years | 13.06 |
| 7 to 10 Years | 4.23 |
| 10 to 15 Years | 5.41 |
| 15 to 20 Years | 3.49 |
| 20 to 30 Years | 12.11 |
| Over 30 Years | 8.79 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 5.42 |
| 183 to 364 Days | 1.91 |
Data Source: Morningstar
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