Invests primarily in floating rate securities. Seeks a high level of current income. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
This company is not turning a profit, so the market is pricing its sales instead: 73.4× for every dollar of annual revenue.
No analyst target is on record for this company.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
Sales run at $21.5M a year. A small number, but proof the product has real buyers.
It pays out $1.18 per share each year — regular cash for whoever holds the stock.
A loss of $75.3M against $21.5M in annual sales.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.