AdvisorShares Newfleet Multi-Sector Income ETF (MINC)
MINC is an actively managed ETF by AdvisorShares. MINC launched on Mar 19, 2013 and has a 0.76% expense ratio.
ETF Info
| ISIN | US00768Y7278 |
|---|---|
| CUSIP | 00768Y727 |
| Issuer | AdvisorShares |
| Inception Date | Mar 19, 2013 |
| Region | North America (U.S.) |
| Category | Total Bond Market, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | advisorshares.com |
| Asset Class | Bond |
Expense Ratio
The AdvisorShares Newfleet Multi-Sector Income ETF has a high expense ratio of 0.76%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AdvisorShares Newfleet Multi-Sector Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 5.90% |
| 1 month | N/A | -1.28% |
| 6 months | N/A | 15.51% |
| 1 year | N/A | 21.68% |
| 5 years (annualized) | N/A | 11.74% |
| 10 years (annualized) | N/A | 10.50% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -0.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AdvisorShares Newfleet Multi-Sector Income ETF (MINC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AdvisorShares Newfleet Multi-Sector Income ETF granted a 1.60% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $1.07 | $0.72 | $1.15 | $1.40 | $1.35 | $1.22 | $1.33 | $1.35 | $1.39 | $0.94 |
Dividend yield | 1.60% | 2.41% | 1.48% | 2.33% | 2.90% | 2.85% | 2.52% | 2.75% | 2.78% | 2.83% | 1.90% |
Monthly Dividends
The table displays the monthly dividend distributions for AdvisorShares Newfleet Multi-Sector Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.05 | $0.12 | $0.15 | $0.12 | $0.11 | $0.12 | $0.15 | $0.21 | $0.00 | |||
| 2022 | $0.04 | $0.05 | $0.06 | $0.07 | $0.06 | $0.06 | $0.10 | $0.08 | $0.09 | $0.10 | $0.11 | $0.25 |
| 2021 | $0.04 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.05 | $0.06 | $0.05 | $0.08 |
| 2020 | $0.09 | $0.10 | $0.12 | $0.09 | $0.09 | $0.10 | $0.10 | $0.08 | $0.09 | $0.09 | $0.08 | $0.11 |
| 2019 | $0.11 | $0.11 | $0.12 | $0.11 | $0.14 | $0.11 | $0.12 | $0.12 | $0.11 | $0.12 | $0.10 | $0.13 |
| 2018 | $0.09 | $0.11 | $0.10 | $0.10 | $0.11 | $0.11 | $0.12 | $0.12 | $0.11 | $0.12 | $0.12 | $0.14 |
| 2017 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.09 | $0.10 | $0.10 | $0.11 | $0.12 |
| 2016 | $0.09 | $0.10 | $0.12 | $0.12 | $0.11 | $0.12 | $0.11 | $0.11 | $0.11 | $0.10 | $0.10 | $0.13 |
| 2015 | $0.08 | $0.11 | $0.12 | $0.11 | $0.10 | $0.12 | $0.09 | $0.12 | $0.12 | $0.12 | $0.11 | $0.15 |
| 2014 | $0.09 | $0.13 | $0.11 | $0.11 | $0.10 | $0.12 | $0.11 | $0.11 | $0.11 | $0.13 | $0.09 | $0.16 |
| 2013 | $0.05 | $0.09 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.11 | $0.13 |
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 AdvisorShares Newfleet Multi-Sector Income ETF. 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 AdvisorShares Newfleet Multi-Sector Income ETF was 12.37%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.37% | Mar 9, 2020 | 11 | Mar 23, 2020 | 89 | Jul 29, 2020 | 100 |
| -7.69% | Oct 5, 2021 | 275 | Nov 4, 2022 | — | — | — |
| -3.46% | Jan 21, 2015 | 3 | Jan 23, 2015 | 366 | Jul 7, 2016 | 369 |
| -2.57% | May 28, 2013 | 29 | Jul 8, 2013 | 103 | Dec 2, 2013 | 132 |
| -0.98% | Oct 26, 2016 | 22 | Nov 25, 2016 | 48 | Feb 6, 2017 | 70 |
Volatility
Volatility Chart
The current AdvisorShares Newfleet Multi-Sector Income ETF volatility is 0.15%, 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.