MINC

AdvisorShares Newfleet Multi-Sector Income ETF
C

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

MINC Fund Description

The AdvisorShares Newfleet Multi-Sector Income ETF is an actively managed fund that holds a broad variety of corporate, sovereign, municipal and mortgage-backed bonds, targeting a duration of 1-3 years.

MINC Factset Analytics Insight

MINC's actively managed portfolio focuses on delivering income while preserving capital through extensive credit research and a top-down investment philosophy. The generally limits corporate high-yield exposure to 10% and non-US issuers to 30%. The fund targets a duration of between 1 to 3 years, thus limiting exposure to interest-rate shifts. The fund manager identifies the most attractive sectors within government, corporate, structured, municipal and foreign debt instruments. Then the manager selects individual issues that are deemed to be undervalued, an approach that is likely to cause deviations from market-like exposure. MINC has middling liquidity across the board: modest daily activity and large spreads mean that retail investors should trade with care, while its underlying liquidity also creates some obstacles to block trades. MINC's expense ratio is somewhat high for ETFs in general, but it looks a lot better in comparison to other actively-managed funds. So far, performance has been stable but its remains to be seen whether it can reliably deliver on its investment objective.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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MINC Top 10 Countries

MINC Top 10 Sectors

MINC Top 10 Holdings View All

MINC Summary Data

AdvisorShares
03/19/13
Open-Ended Fund
0.76%
$220.94M
$2.27M
0.12%

MINC Portfolio Data

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11/28/17
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MINC Index Data

No Underlying Index
Proprietary
Proprietary
N/A

Related ETFs to MINC

STOT, VNLA
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

MINC Portfolio Management

0.76%
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MINC Tax Exposures

20.00% / 39.60%
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Ordinary income
No

MINC Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
14:03:0148.54100
14:03:0148.54100
12:55:4248.502,200
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Bats BZX Real-time Quote - 19:35:42
Daily Spread
Premium/Discount
Volume

MINC Factset Analytics Block Liquidity

As of 12/12/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MINC. MINC is rated a 4 out of 5.

MINC Tradability

46,659
$2.27M
27,428
$1.34M
0.12%
$0.06
-0.07%
0.18% / -0.38%
None
99.65%
50,000
0.55
0.02%
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$48.55
4

MINC Performance Statistics

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MINC Maturity Distribution

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MINC Credit Breakdown

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