Skip to main content

Address And Details

90 Hudson St 10th Flr , Jersey City, NJ 07302
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Funds investment objective is to seek a high level of current income. Under normal conditions, the Fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the Fund to achieve a floating rate of income. The floating or adjustable rate instruments in which the Fund may invest include, but are not limited to: senior secured or unsecured floating rate loans or debt; second lien or other subordinated secured or unsecured floating rate loans or debt; and floating-rate structured (or securitized) products, including collateralized loan obligations.

Net Asset Value

as of 6:07 PM ET 01/14/2022


  • 1 Week
  • +0.24%
  • 1 Month
  • +0.60%
  • 3 Months
  • +0.12%
  • 1 Yr Return
  • +0.72%
  • 5 Yr Return
  • -8.94%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 93.66%
Cash 9.39%
Stocks 0.79%
Convertible 0.77%
Preferred 0.37%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -4.98%
Total Net Assets 2.66 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.99 1.78 n/a
Beta 0.29 0.10 n/a
R Squared 0.01 0.00 n/a
Std Deviation 9.42 7.44 n/a
Sharpe Ratio 0.34 0.27 n/a

Purchase Information

as of 5:42 PM ET 01/12/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • +5.47%
  • +5.47%
+5.47% +5.47%
3 Year
  • +3.77%
  • +3.77%
+3.77% +3.77%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.52%
  • +3.52%
+3.52% +3.52%

Top 10 Holdings

Symbol Company Name % Of Assets

Recent Articles from TheStreet

Netflix Lead

Streaming Wars: What Can Netflix Do to Stay Ahead of Disney, Apple, and The Rest?

Streaming video giant Netflix has come a long way from its early days of mailing physical copies of DVDs to its customers across the country.


Tech Stocks Roundup: Well-Known Value Investor Likes Google, Meta, Netflix

Check out the latest news and performance numbers from the top technology and FAANG/MAMAA stocks like Amazon, Apple, Microsoft, Intel, and more.

Walt Disney World.

Disney World Ends a Big Perk: That May Be Good for Disney Stock

The company has steadily raised prices and taken away things from its theme park customers and they seem to keep coming.


How to Craft a Great Elevator Pitch (With Examples)

You never know who could be a potential customer or who knows someone who could be. A short, sweet “elevator pitch” tells the world who you are and what you do.

A woman used a Peloton bike. Lead

Peloton's Surprise Move May Kill Its 2022 Comeback Efforts

The connected fitness pioneer has struggled and its latest decision suggests that's likely to continue.

Walmart Looks to Reduce Shopper Stress With Easy Reorder

Walmart Plans to Sell Virtual Goods, Create Cryptocurrency and NFTs

Walmart files applications seeking trademarks for digital currency, software to manage cryptocurrency and other digital assets and for online retail services.

shopping clothes retail sh

Consumer Spending Remains Strong, Says Mastercard CEO

'We continue to see benefits from accumulated savings and an increasing push toward digital,' said Michael Miebach.

3. A television

Does Anyone Still Watch Broadcast Television? (And What that Means for Disney, Comcast, ViacomCBS and Fox)

New report details the increasing dominance of streaming, but live television endures.

Burger King offers curry-topped sandwiches in some markets.

Burger King Has a Daring New Sandwich

The fast-food giant modifies its menu to appeal to fans all over the world and sometimes that means offering something very bold.