FundX Flexible Income Fund (INCMX)
FundX Flexible Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA. The stock last traded at $23.93, up 0.07% on the session, giving a market capitalisation of $59.0M. Its beta of 0.53 implies it has historically moved less than the broad market.
Operating as a fund-of-funds, this investment vehicle primarily channels its capital into underlying funds, which encompass no-load and load-waived mutual funds, as well as exchange-traded funds (ETFs). These underlying funds, in turn, principally hold individual securities such as common equities and both corporate and government debt instruments. The majority of the fund's assets will be directed towards underlying bond funds, characterized by diverse maturities, credit ratings (including high-yield or "junk bonds"), and geographical exposure. The fund maintains unlimited discretion to acquire shares of underlying funds focused on domestic and international corporate or sovereign bonds.
FundX Flexible Income Fund is most often compared with the following Financial Services names: