AdvisorShares NewfleetMulti-Sector Income ETF (MINC)
- Fixed Income | Capital Appreciation Funds
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.
Fund Snapshot Updated 07.22.2014
|Previous Close||$49.92||Expense Ratio||0.75%|
|YTD Return||2.33%||Avg. 30-Day Volume||18,994|
|1-Year Return||3.8%||Market Cap||Loading...|