Power Income
Standardized Performance
as of 04/16/2019
Objective And Strategy
ObjectiveTotal return from income and capital appreciation with capital preservation as a secondary objective.
Strategy
The fund invests primarily in a diversified portfolio of income-producing high-yield fixed income securities commonly known as "junk" bonds and U.S. Treasury securities. The adviser does not select individual bonds or other fixed income securities but instead, invests the fund's assets in open end investment companies "mutual funds" and exchange traded funds "ETFs" that each invest primarily in junk bonds or U.S. Treasury securities.
Tax Inefficient Fund
Asset classes that make large ordinary income distributions or generate significant short term capital gains are tax inefficient. Asset classes that match this description include REITs, commodities funds and absolute return funds.
Principal Risks
N/A
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High Yield-----
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