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 0.76 %
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 18 January 2019
Asset Under Management 104.79 Million (USD)
1 Month Total Return 0.33 %
Year To Date Return 0.32 %
1 Year Total Return 0.91 %
3 Year Annualized Total Return 1.91 %
NAV 47.63
Share Outstanding 2,200,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
JP MORGAN USD GOVT MONEY MARKET INSTL BOND 0.0175
MORGAN STANLEY FRN 10/24/2023 BOND 0.0171
HERTZ 2015-1A A 2.73 3/25/2021 BOND 0.0079
CITIGROUP INC FRN 7/1/2026 BOND 0.0072
NRZT 2015-2A A1 FRN 8/25/2055 BOND 0.0072
PART 2017-1A C 2.81 1/17/2023 BOND 0.007
CPS 2017-C B 2.3 7/15/2021 BOND 0.007
DRIVE 2017-2 C 2.75 9/15/2023 BOND 0.007
JPMORGAN CHASE & CO 5.3 PERPETUAL 12/1/2065 BOND 0.007
NHEL 2004-4 M5 FRN 3/25/2035 BOND 0.0069