NEW YORK ( TheStreet) -- Recently we looked at multi-asset class funds and whether they could serve as a one-holding portfolio. The latest fund to join the discussion is the ETRACS Diversified High Income ETN (DVHI). The new fund seeks to offer a 60% equities/40% fixed-income target allocation, a common mix for individual investors.The equity portion is comprised of business development companies (15%); master-limited partnerships (15%); and mortgage real estate investment trusts, non-mortgage REITs, U.S. equities and foreign equities (all 7.5%).
New Fund Goes for Yield in a Big Way
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