Rationalpier is trading at 11.55 as of the 12th of November 2024; that is 0.70 percent up since the beginning of the trading day. The fund's open price was 11.47. Rationalpier has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Rationalpier 88 Convertible are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of October 2024 and ending today, the 12th of November 2024. Click here to learn more.
Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities. Convertible securities are hybrid securities that possess both fixed income and equity characteristics. More on Rationalpier 88 Convertible
Rationalpier 88 Convertible [PBXIX] is traded in USA and was established 12th of November 2024. Rationalpier is listed under Rational Funds category by Fama And French industry classification. The fund is listed under Convertibles category and is part of Rational Funds family. The entity is thematically classified as Convertibles Funds. This fund at this time has accumulated 99.14 M in assets with no minimum investment requirementsRationalpier 88 Conv is currently producing year-to-date (YTD) return of 10.72% with the current yeild of 0.02%, while the total return for the last 3 years was 0.53%.
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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 Rationalpier 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 Rationalpier 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 Rationalpier 88 Convertible 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 Rationalpier 88 Convertible Mutual Fund Constituents
Other Information on Investing in Rationalpier Mutual Fund
Rationalpier financial ratios help investors to determine whether Rationalpier 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 Rationalpier with respect to the benefits of owning Rationalpier security.