ducovest

FLRT:ARCA-AdvisorShares Pacific Asset Enhanced Floating Rate (USD)

ETF | Bank Loan | NYSE Arca

Last Closing

USD 47.72

Change

+0.02 (+0.04)%

Market Cap

USD 0.03B

Volume

0.09M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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).

Company Website : www.advisorshares.com

Currency: USD

Country : USA

Inception Date: 18/02/2015

Primary Benchmark: S&P 500 TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 1.51%

Management Expense Ratio: 1.10 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
HYG iShares iBoxx $ High Yield Corporate Bond ETF 0.17 %
JNK SPDR® Bloomberg High Yield Bond ETF 0.16 %
ECC Eagle Point Credit Company Inc. 0.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

Largest Industry Peers for Bank Loan

Symbol Name Mer Price(Change) Market Cap
BKLN Invesco Senior Loan ETF 0.63 %

-0.02 (-0.09%)

 USD 7.61B
SRLN SPDR Blackstone Senior Loan ET.. 0.70 %

N/A

 USD 6.90B
SEIX Virtus ETF Trust II - Virtus S.. 0.00 %

+0.01 (+0.04%)

 USD 0.27B

ETFs Containing FLRT

N/A

Market Performance

  Market Performance vs. Industry/Classification (Bank Loan) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.25% 100% F 33% F
Dividend Return 6.61% 50% F 84% B
Total Return 7.87% 100% F 42% F
Trailing 12 Months  
Capital Gain 2.32% 100% F 24% F
Dividend Return 8.44% 25% F 85% B
Total Return 10.76% 100% F 35% F
Trailing 5 Years  
Capital Gain -2.23% 100% F 41% F
Dividend Return 27.19% 50% F 77% C+
Total Return 24.96% 75% C 46% F
Average Annual (5 Year Horizon)  
Capital Gain 0.22% 100% F 34% F
Dividend Return 4.74% 75% C 44% F
Total Return 4.52% 50% F 79% B-
Risk Return Profile  
Volatility (Standard Deviation) 6.52% 75% C 88% B+
Risk Adjusted Return 72.70% 75% C 85% B
Market Capitalization 0.03B 50% F 45% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.