AHHXAdaptive High Income ETF
AHHX Fund Description
AHHX is an actively-managed global portfolio of income-producing securities including fixed income, MLPs and REITS. The fund uses a market trend analysis to initiate periods of hedging.
AHHX Factset Analytics Insight
AHHX provides exposure to income-producing securities such as large-cap equity securities, convertibles, preferreds, MLPs, REITS, and fixed income. The fund will lean towards global broad-based fixed income securities, allocating at least 40% in below investment grade. AHHX will also include inverse high yield investments to provide a hedge during negative credit events. The portfolio is constructed using an investment model that factors in price momentum, volatility, comparative indicators, and a recession model. When the model shows a negative market trend, the portfolio may hedge its positions by investing in treasury bonds, ETNs and leveraged/inverse ETFs. As an actively managed fund, AHHX may have a high level of portfolio turnover. Effective as of the close of business on Nov. 12, 2021, the fund was converted from Adaptive Hedged High Income Fund, an open-end mutual fund to an ETF, with $53 million USD in assets.
AHHX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of AHHX. AHHX is rated a N/A out of 5.
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.