Frost Credit Fund (FCFAX)
Frost Credit Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Antonio, TX, US. The stock last traded at $9.09, up 0.00% on the session, giving a market capitalisation of $492.5M. On trailing twelve-month figures it carries a trailing P/E of -19.34, a net margin of -45.9%. Its beta of 0.47 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities of U.S. and foreign corporate issuers, which will include corporate bonds, collateralized loan obligations and mortgage-backed and other asset-backed securities, and structured notes with economic characteristics similar to fixed income securities. It will invest in callable bonds, as well as fixed income securities that pay a fixed or floating interest rate or interest that is payable in-kind or payable at maturity.
Frost Credit Fund is most often compared with the following Financial Services names: