Shenkman Floating Rate Fund Year To Date Return
| SFHFX Fund | USD 9.20 0.01 0.11% |
Shenkman Floating Rate fundamentals help investors to digest information that contributes to Shenkman Floating's financial success or failures. It also enables traders to predict the movement of Shenkman Mutual Fund. The fundamental analysis module provides a way to measure Shenkman Floating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shenkman Floating mutual fund.
Shenkman |
Shenkman Floating Rate Mutual Fund Year To Date Return Analysis
Shenkman Floating's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Shenkman Floating Year To Date Return | 7.75 % |
Most of Shenkman Floating's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shenkman Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Shenkman Floating Rate has a Year To Date Return of 7.7454%. This is much higher than that of the Shenkman Funds family and significantly higher than that of the Bank Loan category. The year to date return for all United States funds is notably lower than that of the firm.
Shenkman Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shenkman Floating's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Shenkman Floating could also be used in its relative valuation, which is a method of valuing Shenkman Floating by comparing valuation metrics of similar companies.Shenkman Floating is rated second largest fund in year to date return among similar funds.
Fund Asset Allocation for Shenkman Floating
The fund consists of 95.96% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.Asset allocation divides Shenkman Floating's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Shenkman Fundamentals
| Total Asset | 288.32 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 7.75 % | ||||
| One Year Return | 9.11 % | ||||
| Three Year Return | 6.09 % | ||||
| Five Year Return | 4.95 % | ||||
| Net Asset | 291.97 M | ||||
| Minimum Initial Investment | 1 K | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 3.81 % | ||||
| Equity Positions Weight | 0.05 % | ||||
| Bond Positions Weight | 95.96 % |
About Shenkman Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shenkman Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shenkman Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shenkman Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Shenkman Mutual Fund
Shenkman Floating financial ratios help investors to determine whether Shenkman 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 Shenkman with respect to the benefits of owning Shenkman Floating security.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |