Description: The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income producing floating rate loans and floating rate debt securities. Under normal circumstances, it will invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating rate loans and other floating rate debt securities and in derivatives or other instruments that have economic characteristics similar to such securities (such as swap agreements, including, but not limited to, total return swaps, credit default swaps, and interest rate swaps).
Home Page: advisorshares.com/fund/flrt
FLRT Technical AnalysisExchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Bank Loan
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 95.52 | 0.00 | 95.52 |
Cash | 4.50 | 0.00 | 4.49 |
NotClassified | 0.00 | 0.00 | 0.00 |
Stock US | 0.00 | 0.00 | 0.00 |
Stock non-US | 0.00 | 0.00 | 0.00 |
Other | 0.00 | 0.01 | -0.01 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 100.00 | 93.95 |
Asia Emerging | 0.00 | 2.64 |
Latin America | 0.00 | 1.61 |
United Kingdom | 0.00 | 1.80 |