debt service
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ARCC Ares Capital Corporation | Financial Services | 20% |
CSWC Capital Southwest Corporation | Financial Services | 20% |
HTGC Hercules Capital, Inc. | Financial Services | 20% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 20% |
MAIN Main Street Capital Corporation | Financial Services | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in debt service, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.78% | -0.38% | 11.47% | 18.82% | 12.44% | 10.64% |
| debt service | 17.12% | 0.56% | 13.04% | 28.79% | N/A | N/A |
| Portfolio components: | ||||||
MAIN Main Street Capital Corporation | 22.04% | 1.64% | 15.57% | 31.49% | 11.93% | 13.09% |
HTGC Hercules Capital, Inc. | 31.30% | 3.96% | 27.47% | 40.97% | 22.94% | 13.37% |
ARCC Ares Capital Corporation | 8.55% | 0.44% | 6.94% | 17.60% | 13.00% | 12.12% |
CSWC Capital Southwest Corporation | 13.32% | -0.31% | 8.60% | 34.17% | 15.40% | 14.45% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 11.26% | -2.91% | 7.36% | 19.36% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of debt service, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.35% | 2.13% | 4.14% | 1.64% | 2.60% | 2.87% | 17.12% | ||||||
| 2023 | 8.43% | 2.49% | -4.31% | 2.32% | 3.64% | 4.28% | 6.44% | 0.46% | 1.57% | -4.13% | 5.78% | 5.61% | 36.77% |
| 2022 | -7.94% | -5.79% | 12.06% | -4.48% | -13.67% | 13.41% | 1.44% | -4.31% | -11.77% |
Expense Ratio
debt service has an expense ratio of 0.07%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of debt service is 91, placing it in the top 9% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 2.43 | 3.39 | 1.43 | 3.41 | 10.61 |
HTGC Hercules Capital, Inc. | 2.18 | 2.81 | 1.38 | 2.93 | 7.81 |
ARCC Ares Capital Corporation | 1.42 | 2.05 | 1.25 | 3.27 | 9.79 |
CSWC Capital Southwest Corporation | 1.84 | 2.39 | 1.31 | 3.49 | 8.74 |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 1.73 | 2.29 | 1.33 | 3.03 | 10.95 |
Dividends
Dividend yield
debt service granted a 8.93% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| debt service | 8.93% | 9.95% | 11.03% | 6.56% | 6.57% | 6.83% | 7.10% | 6.61% | 5.53% | 6.05% | 5.40% | 4.73% |
| Portfolio components: | ||||||||||||
MAIN Main Street Capital Corporation | 7.96% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% | 8.18% |
HTGC Hercules Capital, Inc. | 8.38% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% | 6.77% |
ARCC Ares Capital Corporation | 9.25% | 9.59% | 10.10% | 7.60% | 9.41% | 8.94% | 9.78% | 9.57% | 9.12% | 10.90% | 9.93% | 8.67% |
CSWC Capital Southwest Corporation | 9.81% | 10.20% | 12.75% | 10.13% | 6.87% | 8.99% | 5.88% | 7.01% | 2.31% | 0.00% | 0.01% | 0.00% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 9.27% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the debt service. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the debt service was 20.15%, occurring on Sep 29, 2022. Recovery took 166 trading sessions.
The current debt service drawdown is 3.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.15% | May 5, 2022 | 102 | Sep 29, 2022 | 166 | May 30, 2023 | 268 |
| -6.48% | Sep 29, 2023 | 21 | Oct 27, 2023 | 12 | Nov 14, 2023 | 33 |
| -4.29% | Aug 8, 2023 | 11 | Aug 22, 2023 | 26 | Sep 28, 2023 | 37 |
| -3.24% | Jul 12, 2024 | 9 | Jul 24, 2024 | — | — | — |
| -3.04% | Jan 31, 2024 | 8 | Feb 9, 2024 | 11 | Feb 27, 2024 | 19 |
Volatility
Volatility Chart
The current debt service volatility is 3.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| JEPQ | CSWC | ARCC | HTGC | MAIN | |
|---|---|---|---|---|---|
| JEPQ | 1.00 | 0.40 | 0.47 | 0.49 | 0.52 |
| CSWC | 0.40 | 1.00 | 0.64 | 0.60 | 0.62 |
| ARCC | 0.47 | 0.64 | 1.00 | 0.66 | 0.69 |
| HTGC | 0.49 | 0.60 | 0.66 | 1.00 | 0.72 |
| MAIN | 0.52 | 0.62 | 0.69 | 0.72 | 1.00 |