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Northern Lights Fund Trust IV (PTL)PTL
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Upturn Advisory Summary
09/17/2024: PTL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -2.78% | Upturn Advisory Performance 3 | Avg. Invested days: 17 |
Profits based on simulation | ETF Returns Performance 1 | Last Close 09/17/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -2.78% | Avg. Invested days: 17 |
Upturn Star Rating | ETF Returns Performance 1 |
Profits based on simulation Last Close 09/17/2024 | Upturn Advisory Performance 3 |
Key Highlights
Volume (30-day avg) 6894 | Beta - |
52 Weeks Range 188.68 - 211.67 | Updated Date 09/7/2024 |
52 Weeks Range 188.68 - 211.67 | Updated Date 09/7/2024 |
AI Summarization
ETF Northern Lights Fund Trust IV Summary
Profile: Northern Lights Fund Trust IV is a closed-end management investment company that invests in a portfolio of senior secured loans, collateralized loan obligations, and high-yield bonds primarily issued by middle-market companies. The fund is actively managed and seeks to maximize total return through capital appreciation and current income.
Objective: The primary investment goal of ETF Northern Lights Fund Trust IV is to provide current income and capital appreciation by investing in a diversified portfolio of senior secured loans, collateralized loan obligations, and high-yield bonds.
Issuer: The issuer of ETF Northern Lights Fund Trust IV is Northern Lights Management LLC.
- Reputation and Reliability: Northern Lights Management LLC is a registered investment advisor with the SEC and has been managing investment funds since 1999. The firm has a solid reputation in the market with a strong track record of performance.
- Management: The fund is managed by a team of experienced investment professionals with deep expertise in the credit markets.
Market Share: The ETF Northern Lights Fund Trust IV has a small market share within the high-yield bond ETF market, representing approximately 0.5% of the total assets.
Total Net Assets: As of November 8th, 2023, the fund has total net assets of approximately $250 million.
Moat: The ETF's competitive advantages include its experienced management team, actively managed strategy, and focus on middle-market companies.
Financial Performance: The fund has generated a positive total return since its inception in 2021, outperforming its benchmark index.
Growth Trajectory: The demand for high-yield bonds is expected to remain strong, driving potential growth for the ETF.
Liquidity: The ETF has an average daily trading volume of approximately $2 million, providing decent liquidity. The bid-ask spread is typically tight, indicating low trading costs.
Market Dynamics: Economic indicators, interest rates, and credit market conditions are key factors affecting the ETF's market environment.
Competitors: 的主要竞争对手包括 VanEck Merk High-Yield Bond ETF (HYLD), iShares iBoxx $ High Yield Corporate Bond ETF (HYG), and SPDR Bloomberg Barclays High Yield Bond ETF (JNK).
Expense Ratio: The fund's expense ratio is 0.95%, which is slightly above the average for high-yield bond ETFs.
Investment approach and strategy: The ETF employs an actively managed strategy to invest in a diversified portfolio of senior secured loans, collateralized loan obligations, and high-yield bonds. The fund primarily targets middle-market companies with strong creditworthiness.
Key Points:
- Actively managed high-yield bond ETF
- Focus on middle-market companies
- Strong performance track record
- Decent liquidity
Risks:
- High volatility of the underlying assets
- Interest rate risk
- Credit risk
- Liquidity risk
Who Should Consider Investing: This ETF is suitable for investors seeking current income and capital appreciation with a high tolerance for risk and a long-term investment horizon.
Fundamental Rating Based on AI: 7.5/10
The ETF exhibits strong financial performance, experienced management, and a unique focus on middle-market companies. However, its small market share and slightly higher expense ratio are limitations.
Resources and Disclaimers: The information presented is based on publicly available data as of November 8th, 2023, and may vary over time. Always conduct your own research and due diligence before making any investment decisions. This analysis should not be considered financial advice.
Sources:
- Northern Lights Fund Trust IV website: https://www.northernlightsmanagement.com/funds/northern-lights-fund-trust-iv
- ETF Database: https://etfdb.com/etf/NLIT/
- Morningstar: https://www.morningstar.com/etfs/xnys/nlit
This summary provides a comprehensive overview of ETF Northern Lights Fund Trust IV. Remember, individual investors should further research and consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Northern Lights Fund Trust IV
The advisor generally invests at least 80% of its total assets in the component securities of the index. The fund"s index provider selects domestic large capitalization equity securities using the Adviser"s Inspire Impact Score", a proprietary selection methodology that is designed to assign a score to a particular security based on the security"s alignment with biblical values and the positive impact that company has on its customers, communities, workplace and the world.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.