Firm complements core investments with Matrix Income Strategy, adds $120 million in assets
-New fund based on seven-year proven credit investment strategy –
June 06, 2016 10:00 AM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–Bramshill Investments announced today the launch of its new mutual fund, the Bramshill Income Performance Fund (the “Fund”; ticker: BRMSX), which will employ an absolute return strategy that invests across various fixed income asset classes. The decision comes in response to increased demand from large registered investment advisors (RIAs).
The Fund launched with approximately $40 million in seed capital and invests in a tactical portfolio of income-producing credit securities, including investment grade and high-yield bonds, preferred stocks, municipal bonds and U.S. Treasuries.
The Income Performance Fund is actively managed and will incorporate tactical hedging during various interest rate and market environments. As adviser to the Fund, Bramshill Investments uses fundamental credit and relative value analysis, focusing on securities with transparent pricing, actively-traded capital structures and high liquidity. The Fund seeks to maintain an average credit rating of investment grade and an average duration of five years.
“We are taking an important step into the publicly traded space with a new mutual fund that is designed to bring our successful credit investing expertise to a wider audience,” said Stephen Selver, CEO of Bramshill Investments. “Prior to launching the Fund, Bramshill’s strategies have only been available in the separately managed account format.”
Art DeGaetano, founder and CIO of Bramshill, has managed the firm’s tactical fixed income strategies for over seven years and serves as the Fund’s head portfolio manager.
Bramshill has also employed third party marketing firm Havener Capital Partners LLC, which will spearhead the sales and marketing effort to the RIA marketplace.
About Bramshill Investments
Bramshill Investments, LLC is an investment adviser registered with the United States Securities and Exchange Commission. The firm’s core investment strategy was spun out of an investment strategy run at GLG Partners and has a proven track record of over seven years with an absolute return objective. Today, Bramshill Investments has approximately $340 million in assets under management. For more information, please visit: https://bramshillinvestments.com.
The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company and it may be obtained here or by calling (877) 272-6718. Read it carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater in emerging markets. Closed-end funds and ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of the shares may trade at a discount to its net asset value (“NAV”), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a funds ability to sell its shares. In addition, the Fund may incur higher expenses than if the Fund did not invest in these types of securities. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested.
Bramshill Investments, LLC is the investment adviser to the fund. The Fund is distributed by Quasar Distributors, LLC.
Gregory FCA for Bramshill Investments
Freddy Martino, 610-228-2093