Description: The investment seeks income. The fund invests substantially all its assets in income-producing first lien whole loans secured by residential real estate. Up to 10% of the loans may be delinquent or in default at the time of acquisition. The fund will not purchase loans that currently are in foreclosure; however, loans acquired by the fund may go into foreclosure subsequent to acquisition by the fund. It may invest up to approximately 10% of its assets in loans that are classified as “sub-prime” at the time of purchase by the fund. The Fund intends to make a dividend distribution each month to its shareholders of the net investment income of the Fund after payment of Fund operating expenses.
20 Pacifica
Irvine,
CA
92618
United States
Phone:
Officers
| Name | Title |
|---|---|
| Mr. Christopher Richard Chase | Portfolio Mang. |
Exchange: NYSE
Country: US : United States of America
Currency: US Dollar ($)
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