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IOFIX -- AlphaCentric Income Opportunities Fund Offers Up A Safe 5.21% Yield, But Only For A Limited

davfordavfor
edited September 2019 in Fund Discussions
This article provides a good background discussion about IOFIX...including the niche, the process, the people, and the competition.
IOFIX offers a pure-play into one of our favorite areas of the bond market, non-agency MBS.

The trade on legacy non-agency MBS is waning, thanks to lower rates and improving homeowner balance sheets.

The fund is a great play to add defense to your portfolio while generating a fairly safe 5%+ yield.
https://seekingalpha.com/article/4293861-alphacentric-income-opportunities-fund-offers-safe-5_21-percent-yield-limited-time

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