FWSHX : First Western Short Duration High Yield Credit Fund Institutional Shares

FWSHX is a Bond Market High Yield Bond with HIGH fees.

FWSHX

First Western Short Duration High Yield Credit Fund Institutional Shares

FI Score

18 /100

Expense Ratio Rating

5 /10

Expense Rating

1 /10

Market Score

1 /10

Category Score

0 /10

Market Size

1 /10

18% FI Score
  • fwshx
  • Mutual Fund
  • Bond
  • High Yield Bond

First Western Short Duration High Yield Credit Fund Institutional Shares

Expenses: 0.95% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks a high level of income and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in a diversified portfolio of non-investment grade debt securities (commonly known as "junk bonds") and floating rate senior secured loans issued by U.S. and foreign corporations, partnerships, and other business entities ("High Yield Securities"). It seeks to maintain an average duration of 3.5 years or less and there is no maximum duration on individual securities held by the fund.

Largest Holdings

Amount Holding
1.80% CSC Holdings, LLC 5.25%
1.79% Dell International L.L.C. and EMC Corporation 7.12%
1.78% Sirius XM Holdings Inc 5.38%
1.78% Albertsons Companies, LLC. 5.75%
1.75% CFX Escrow Corp 6%
1.70% Rackspace Hosting, Inc. 8.62%
1.68% Drivetime Automotive Croup Inc. 8%
1.67% Nielsen Company (Luxembourg) 5%
1.65% MBIA Inc. 6.4%
1.64% Hughes Satellite Systems Corporation 7.62%
1.63% T-Mobile USA, Inc. 6.38%
1.62% Sprint Corporation 7.12%
1.59% NEWMARK GROUP INC 6.12%
1.55% Orbcomm Inc 8%
1.55% WPX Energy Inc 5.25%
1.55% Fortress Transportation and Infrastructure Investors LLC 6.75%
1.52% 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 5.75%
1.51% Jefferies Finance LLC/JFIN Co-Issuer Corp 7.25%
1.51% Enterprise Development Authority 12%
1.50% New Home Company Inc 7.25%
1.50% Genesis Energy Lp 5.62%
1.48% Tenet Healthcare Corporation 8.12%
1.48% Prestige Brands, Inc. 6.38%
1.46% E.W. Scripps Company 5.12%
1.46% POLARIS INTERMEDIATE 8.5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo