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AlphaCentric Prime Meridian Income Fund  as of 06/11/2021

--/ -- Asset Class:  Loan Participation Funds 1 YR Lipper Avg:  16.77%

Growth of $10K

Avg Annual Total Return %
  10 YR 5 YR 1 YR YTD
Market Return -- -- -- --
Lipper Pct. Rank -- -- -- --
NAV Return -- -- 9.36% 3.52%
Lipper Pct. Rank -- -- 93 88

NAV $9.90 Market Price --
Net Change $0.00 Market Change --
Premium/Discount --
1 YR NAV Return 9.359%
1 YR NAV Rank 93
12-Mo Yield as of -- Yield Def
Income Only Yield 12.45%
Distribution Yield (Market) --
Most Recent Income Dividend $0.100
Ex-Div Date 4/16/2021
Most Recent Cap Gain Dividend --
Ex-Div Date --
Dividend Frequency Quarterly
YTD Dividends $0.129
YTD Capital Gains --
Inception Date 12/31/2019
Fund Advisor AlphaCentric Advisors LLC
Manager & Tenure Don Davis since 2019
Phone 888-910-0412
Website --
Total Net Assets (mil) as of 5/31/2021 $4.8
% Leveraged Assets as of 9/30/2020 --
Portfolio Turnover 27.00%
Mgmt Fees -23.340%
Expense Ratio 2.410%
Fund Objective
The Fund seeks current income. The Fund invests directly or indirectly in loans to consumers, small- and mid-sized companies and other borrowers originated through online platforms that provide a marketplace for lending. The Fund intends to invest substantially all of its assets in Marketplace Lending instruments.
Total Net Assets by Category (as of 12/31/2020)
Cash 18.00%
Corporate Notes/Bonds 44.00%
Portfolio Other 38.00%

Closed-End Funds Mid-year Review 

Axel Merk and Peter Maletis of Merk Investments discuss their outlook and insights on Gold, Precious Metals and Mining for investors concerned about inflation or seeking diversification.

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The views and opinions expressed in the replay are for informational and educational purposes only as of the date of production/writing and may change without notice at any time based on factors such as market conditions or legal and regulatory developments. This material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition. Past performance is no guarantee of future results. Investing involves risk; principal loss is possible. This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or an investment strategy, and is not provided in a fiduciary capacity. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Closed-end funds frequently trade at a discount to their net asset value (NAV).

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Dennis Emanuel
Director ETF & CEF Strategy

Dave Lamb
Managing Director in the Global Products Group

Jonathan Isaac 
Director of Product Management

 

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