Invests in global fixed income markets. Primarily invests in corporate debt. Now — the numbers.
This is an established company with proven profits.
Average growth of 52% a year over the last 3 years. Red columns mark years that ended in a loss.
The market pays 10.8× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
No analyst target is on record for this company.
Executives buying with their own money is usually read as confidence in the company’s future.
The stock trades 34% below its peak. The market has trimmed its expectations for the company.
The net profit margin is 73% — still a thick cushion, though costs have been eating into it lately.
Over the last 3 years, sales grew about 52% a year on average.
Over the last 12 months, company executives reported 5 buys and 1 sell. Management buying with its own money is usually read as a good sign.
Since the drop from its peak, buyer appetite hasn’t come back.
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.