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NYSEARCA:MINC

AdvisorShares Newfleet Multi-Sector Income ETF (MINC) Price, Holdings, & News

$44.71
+0.01 (+0.01%)
(As of 09/22/2023)
Today's Range
$44.66
$44.71
50-Day Range
$44.71
$44.71
52-Week Range
$43.26
$45.64
Volume
100 shs
Average Volume
1,919 shs
Market Capitalization
$17.44 million
Assets Under Management
$16.32 million
Dividend Yield
2.42%
Net Expense Ratio
0.75%

About AdvisorShares Newfleet Multi-Sector Income ETF

The AdvisorShares Newfleet Multi-Sector Income ETF (MINC) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that holds a broad variety of corporate, sovereign, municipal and mortgage-backed bonds, targeting a duration of one to three years. MINC was launched on Mar 19, 2013 and is managed by AdvisorShares.

MINC Stock Price History

MINC ETF News Headlines

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Fund Details

Issuer
AdvisorShares
Fund Name
AdvisorShares Newfleet Multi-Sector Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MINC
Inception Date
3/19/2013
Fund Manager
David L. Albrycht, Benjamin Caron
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Broad Debt
Focus
Broad Debt
Development Level
Developed Markets
Region
Global
Number of Holdings
4

Fund Statistics

Assets Under Management
$16.32 million
Average Daily Volume
$5,049.10
Discount/Premium
-0.01%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
AdvisorShares Investments, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
4,100 shs

Miscellaneous

Beta
0.14
Creation Fee
$500.00
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AdvisorShares Newfleet Multi-Sector Income ETF Expenses

TypeMINCBroad Debt ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.41%0.32%0.51%0.51%
Other Expenses0.26%0.38%0.27%0.64%0.58%
Total Expense0.76%0.55%0.40%0.73%0.70%
Fee Waiver-0.01%-0.32%-0.24%-0.68%-0.56%
Net Expense0.75%0.46%0.35%0.58%0.58%

AdvisorShares Newfleet Multi-Sector Income ETF (MINC) Holdings

Top 10 MINC Holdings

  • Jp Morgan Usd Govt Money Market Instl
    Holding Weight: 6.02%
  • United States Treasury Notes 0.125%
    Holding Weight: 5.38%
  • United States Treasury Notes 4.25%
    Holding Weight: 3.53%
  • Invesco Senior Loan ETF(NYSEARCA:BKLN)
    Holding Weight: 2.92%
  • Federal National Mortgage Association
    Holding Weight: 2.67%
  • United States Treasury Notes 0.625%
    Holding Weight: 2.34%
  • United States Treasury Notes 4.125%
    Holding Weight: 2.25%
  • United States Treasury Notes 2.5%
    Holding Weight: 1.85%
  • VFI ABS 2022-1, LLC 3.04%
    Holding Weight: 1.69%
  • AQUA FINANCE TRUST 2.79%
    Holding Weight: 1.63%

MINC ETF - Frequently Asked Questions

How have MINC shares performed in 2024?

AdvisorShares Newfleet Multi-Sector Income ETF's stock was trading at $44.71 at the start of the year. Since then, MINC shares have increased by 0.0% and is now trading at $44.71.
View the best growth stocks for 2024 here
.

How often does AdvisorShares Newfleet Multi-Sector Income ETF pay dividends? What is the dividend yield for AdvisorShares Newfleet Multi-Sector Income ETF?

AdvisorShares Newfleet Multi-Sector Income ETF announced a dividend on Wednesday, June 21st. Shareholders of record on Friday, June 23rd will be paid a dividend of $0.1219 per share on Friday, June 30th. The ex-dividend date of this dividend is Thursday, June 22nd. This is a positive change from the stock's previous dividend of $0.11.
Read our dividend analysis for MINC
.

What does MINC invest in?

AdvisorShares Newfleet Multi-Sector Income ETF is a fixed income fund issued by AdvisorShares. MINC focuses on broad debt investments. The fund's investments total to approximately $16.32 million assets under management.

What is the management fee for AdvisorShares Newfleet Multi-Sector Income ETF?

AdvisorShares Newfleet Multi-Sector Income ETF's management fee is 0.50% and has other expenses of 0.26%. However, MINC has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for MINC is 0.75%.

How do I buy shares of AdvisorShares Newfleet Multi-Sector Income ETF?

Shares of MINC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MINC) was last updated on 6/12/2024 by MarketBeat.com Staff

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