Power Income Fund Quote
| PWRAX Fund | USD 9.09 0.01 0.11% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Power Income is trading at 9.09 as of the 24th of November 2024; that is 0.11% down since the beginning of the trading day. The fund's open price was 9.1. Power Income has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Power Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund invests in income-producing fixed income and alternative strategy exchange-traded funds . Fixed income ETFs may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. More on Power Income Fund
Moving together with Power Mutual Fund
Moving against Power Mutual Fund
Power Mutual Fund Highlights
| Fund Concentration | Donoghue Forlines LLC Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Donoghue Forlines LLC (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 28th of October 2022 |
| Fiscal Year End | June |
Power Income Fund [PWRAX] is traded in USA and was established 24th of November 2024. Power Income is listed under Donoghue Forlines LLC category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Donoghue Forlines LLC family. This fund at this time has accumulated 40.57 M in assets with no minimum investment requirementsPower Income is currently producing year-to-date (YTD) return of 4.79% with the current yeild of 0.04%, while the total return for the last 3 years was 0.9%.
Check Power Income Probability Of Bankruptcy
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 Power 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 Power 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 Power Income Fund 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 Power Income Fund Mutual Fund Constituents
| JNK | SPDR Bloomberg High | Etf | High Yield Bond | |
| PSK | SPDR ICE Preferred | Etf | Preferred Stock | |
| FTSL | First Trust Senior | Etf | Bank Loan | |
| LAHYX | Lord Abbett High | Mutual Fund | High Yield Bond | |
| SHYG | iShares 0 5 Year | Etf | High Yield Bond | |
| LQD | iShares iBoxx Investment | Etf | Corporate Bond | |
| SLQD | iShares 0 5 Year | Etf | Short-Term Bond | |
| BAR | GraniteShares Gold Trust | Etf | Commodities Focused |
Power Income Risk Profiles
| Mean Deviation | 0.0796 | |||
| Semi Deviation | 0.1212 | |||
| Standard Deviation | 0.156 | |||
| Variance | 0.0243 |
Power Income Against Markets
Other Information on Investing in Power Mutual Fund
Power Income financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Income security.
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