MINC

Fund Description
The AdvisorShares Newfleet Multi-Sector Income ETF (NYSE Arca: MINC) seeks to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value ( NAV ) due to changes in interest rates. MINC is managed by Newfleet Asset Management ( Portfolio Manager ), an investment subsidiary of Virtus Investment Partners.
Fund Profile
Fund Name AdvisorShares Newfleet Multi-Sector Income ETF
Fund Exchange Ticker MINC
Fund Sponsor Advisor Shares
Fund ISIN US00768Y7278
Net Expense Ratio 0.75 %
Fund Inception Date 19 March 2013
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 79.91 Million (USD)
1 Month Total Return 0.61 %
Year To Date Return 3.30 %
1 Year Total Return 3.94 %
3 Year Annualized Total Return 2.39 %
NAV 48.43
Share Outstanding 1,650,000
Top 10 Holdings (13 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
JP MORGAN USD GOVT MONEY MARKET INSTL MMKT 0.0260784555
MORGAN STANLEY FRN 10/24/2023 BOND 0.0110654779
SBA TOWER TRUST 3.168 4/11/2022 BOND 0.0098469710
SBA TOWER TRUST 2.877 7/9/2021 BOND 0.0097856165
GCAR 2017-1A B 2.98 12/15/2021 BOND 0.0096548211
EART 2017-2A B 2.82 5/16/2022 BOND 0.0093058259
BX 2018-GW B FRN 5/15/2035 BOND 0.0087533590
CMLTI 2013-A A FRN 5/25/2042 BOND 0.0084475087
FIAOT 2017-2A B 2.65 11/15/2022 BOND 0.0081451536
ACER 2017-1A B 2.85 10/10/2021 BOND 0.0081341882