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
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