Axonic Strategic is trading at 8.83 as of the 24th of November 2024; that is 0.11 percent down since the beginning of the trading day. The etf's open price was 8.84. Axonic Strategic has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Axonic Strategic Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
In pursuing its investment objective, the fund seeks to maximize risk-adjusted total returns by investing primarily in income-producing instruments . It also may invest in real estate investment trusts , equity securities of companies whose business is substantially related to the mortgage business, and mortgage derivatives such as stripped RMBS and inverse floaters.. More on Axonic Strategic Income
Axonic Strategic Income [AXSAX] is traded in USA and was established 2020-07-16. Axonic Strategic is listed under Axonic category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of Axonic family. Axonic Strategic Income presently have 2.02 B in assets under management (AUM). with the current yeild of 0.08%, while the total return for the last year was -5.13%.
Check Axonic Strategic Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Axonic Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Axonic Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Axonic Strategic Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Axonic Strategic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
The output start index for this execution was zero with a total number of output elements of sixty-one. Axonic Strategic Income Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Axonic Strategic price patterns.
Axonic Strategic financial ratios help investors to determine whether Axonic Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axonic with respect to the benefits of owning Axonic Strategic security.