Fact sheet: Prospect Yield

Fund information

Fund name
Prospect Yield F3 Acc
Fund company manager
GAM Inv Mgt (Switzerland) Ltd
Fund type
SIB
Fund objective
The fund aims to produce high current income and long-term capital appreciation by investing primarily in publicly traded shares issued by U.S. business development companies (BDCs) and commercial finance real estate investment trusts (cREITs). BDCs and cREITs are capital providers to the U.S. private corporate credit and real estate financing markets with highly diversified asset bases and senior secured positions within their portfolio companies' capital structures. BDCs and cREITs must distribute 90% or more of their taxable income in the form of dividends. The fund is structured to achieve U.S. Tax transparency and to deliver reduced U.S. withholding tax benefits to certain non-U.S. investors resident in countries which maintain dual taxation treaties with the U.S. Further, the fund is positioned to provide all non-U.S. investors with access to the permanent U.S. withholding tax exemption on qualified interest income and short term capital gains received by the fund.
Benchmark
S&P BDC (Business Development Companies)
Investment style
None
Investment method
Shares

Quick stats

1 Year return

1.31 %

1 Year rank in sector

37/37

Sector

FO Equity - North America

Yield
-
Fund size
-
FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.43 %2.24 %0.89 %0 %0 %
Sector0.45 %6.01 %13.28 %29.23 %84.83 %
Rank within sector24 / 3730 / 3737 / 37 / /
Quartile th3 rd4 th4 th th th

Calendar performance

YTD-20172016201520142013
Fund5.54 %0 %0 %0 %0 %
Sector6.82 %14.78 %-0.85 %12.93 %29.7 %
Rank within sector24 / 37 / / / /
Quartile th3 rd th th th th

Price movement

52 week high10947.63
52 week low9500.05
Current bid price0
Current offer price0
Current mid price10692.05

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

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