Counterpoint Tactical Income Fund Class I (CPITX)
Counterpoint Tactical Income Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $10.82, up 0.00% on the session, giving a market capitalisation of $1.87B. Its beta of 0.33 implies it has historically moved less than the broad market.
The fund invests in mutual funds, closed-end funds and passively and actively managed exchange traded funds ("ETFs") that invest in (i) high yield instruments (also known as "junk bonds") (including bonds, bank loans, preferred stock, floating rate bonds and debt and municipal high yield debt); (ii) obligations issued or guaranteed by the United States government, its agencies or instrumentalities, including U.S. treasuries (with an average duration of up to 5 years); and (iii) cash and cash equivalents (including money market funds).
Counterpoint Tactical Income Fund Class I is most often compared with the following Financial Services names: