AdvisorShares Newfleet Multi-Sector Income ETF (MINC)
AdvisorShares Newfleet Multi-Sector Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $44.71, up 0.00% on the session, giving a market capitalisation of $16.3M. Its beta of 0.34 implies it has historically moved less than the broad market.
The Sub-Advisor leverages a long-established methodology and in-depth credit analysis to identify and capitalize on attractive opportunities across undervalued segments of the bond market. The fund primarily allocates capital to investment-grade debt instruments, which are defined as securities holding credit ratings within the top four tiers from a recognized statistical rating organization, or, if unrated, those the Sub-Advisor assesses to be of comparable high quality.
AdvisorShares Newfleet Multi-Sector Income ETF is most often compared with the following Financial Services names: