Power Floating Rate Fund Quote
| FLOAX Fund | USD 10.01 0.02 0.20% |
Performance40 of 100
| Odds Of DistressLess than 17
|
Power Floating is trading at 10.01 as of the 25th of November 2024; that is 0.20 percent increase since the beginning of the trading day. The fund's open price was 9.99. Power Floating has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a very strong performance during the last 90 days. Equity ratings for Power Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund adviser seeks to achieve its investment objectives by managing The fund invests in a manner that follows a rules based strategy that employs a disciplined investment selection process with tactical overlays that determines whether it will be in a bullish or defensive position. More on Power Floating Rate
Moving together with Power Mutual Fund
Moving against Power Mutual Fund
Power Mutual Fund Highlights
| Fund Concentration | Power Mutual Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Power Mutual Funds, Large, Nontraditional Bond (View all Sectors) |
| Update Date | 30th of September 2024 |
Power Floating Rate [FLOAX] is traded in USA and was established 25th of November 2024. Power Floating is listed under Power Mutual Funds category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Power Mutual Funds family. This fund currently has accumulated 71.17 M in assets under management (AUM) with no minimum investment requirementsPower Floating Rate is currently producing year-to-date (YTD) return of 7.49% with the current yeild of 0.08%, while the total return for the last 3 years was 4.34%.
Check Power Floating Probability Of Bankruptcy
Instrument Allocation
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 Power Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Power Mutual Fund, 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 Power Floating Rate Mutual Fund, 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.
Top Power Floating Rate Mutual Fund Constituents
| GSFRX | Goldman Sachs High | Mutual Fund | Bank Loan | |
| LFRIX | Floating Rate Fund | Mutual Fund | Bank Loan | |
| VGSH | Vanguard Short Term Treasury | Etf | Short Government | |
| USHY | iShares Broad USD | Etf | High Yield Bond | |
| SRLN | SPDR Blackstone Senior | Etf | Bank Loan | |
| SPTS | SPDR Barclays Short | Etf | Short Government | |
| SJNK | SPDR Bloomberg Short | Etf | High Yield Bond | |
| SHYG | iShares 0 5 Year | Etf | High Yield Bond |
Power Floating Rate Risk Profiles
| Mean Deviation | 0.0542 | |||
| Standard Deviation | 0.0623 | |||
| Variance | 0.0039 | |||
| Risk Adjusted Performance | 0.3025 |
Power Floating Against Markets
Other Information on Investing in Power Mutual Fund
Power Floating financial ratios help investors to determine whether Power Mutual Fund 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 Power with respect to the benefits of owning Power Floating security.
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