AmericaFirst Capital Management Announces an 8.10% Dividend Yield on AmericaFirst Income Trend Fund I Shares
(firmenpresse) - SACRAMENTO, CA -- (Marketwire) -- 07/09/12 -- continues to surpass its yield objective with the AmericaFirst Income Trends Fund. The Fund's yield objective is to meet or exceed the Moody's BAA Yield Index (currently 5.06% as of 6/29/2012).
On 6/28/2012, the Fund paid the following dividends -- the highest since its inception:(1)
I Shares: $0.1856 dividend (8.10% Current Yield)
A Shares: $0.1740 dividend (7.60% Current Yield)
U Shares: $0.1612 dividend (7.03% Current Yield)
With a downside capture ratio of only 57%, a down-market beta of 0.47 and a down-market correlation of only 43%, the Fund has been successful this year in providing investors a high rate of current income while reducing its exposure to downside stock market risk.
The AmericaFirst Income Trends fund is a flexible income fund that invests in a diversified and low-correlated mix of securities. As of July 3, 2012, the Fund owns the following:
Corporate Bonds
U.S. Preferred Stocks
Written Covered Calls
High Yield Common Stock
Real Estate Investment Trusts
Current holdings are subject to change and should not be considered as investment advice.
For more information regarding the AmericaFirst Income Trends Fund, phone us at 916-787-9940 (extension 102).
AmericaFirst Capital Management, the adviser to the AmericaFirst family of Quantitative Funds, is a Northern California based investment management firm. The core investment philosophy of AmericaFirst is the use of comprehensive, data driven, backtested models to eliminate emotional response from the investment process. AmericaFirst's investment strategies include equity, income, defensive and absolute return investment vehicles. Additional information is available at . Investors interested in AmericaFirst's investment funds or research model may also contact the firm at (916) 787-9940.
The performance data quoted here represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that when redeemed, shares may be worth more or less than their original cost. The advisor has contractually agreed to waive fees and/or reimburse expenses of the Fund through October 31, 2012. The total operating expenses after the waiver for the A, U, and I shares are 2.29%, 2.79% and 1.79% respectfully. This agreement may be terminated by the Fund's Board of Trustees on 60 days' written notice to the advisor. These fee waivers and expense reimbursements are subject to possible recoupment from the Fund in future years on a rolling three-year basis, if such recoupment can be achieved within the foregoing expense limits. Please review the Fund's Prospectus for more detail on the expense waiver without which the results would have been lower. For performance information current to the most recent month end, please call toll-free 866-960-1355.
(1)Dividend and Total Return as of 6/30/2012. Current yield as calculated by annualizing the dividend and dividing it by the current price.
Moody's Baa Corporate Bond Index reflects the average yield of constituent corporate bonds that have been given Moody's Baa credit rating. Corporate bonds can receive ratings that range from a high of Aaa to a low of C. Bonds given the Baa rating are considered as medium-grade obligations, meaning they are neither highly protected nor poorly secured. Bonds rated Baa and above are considered investment grade.
Beta is a measure of a security's volatility relative to the market. Up Beta measures the relative volatility in positive markets while Down Beta measures the relative volatility in down markets. Correlation is a statistical measure of how investments move in relation to each other. Up Correlation measures the relationship of the Fund to stocks in positive markets while Down Correlation measures the relationship of the Fund to stocks in down markets. Up-capture compares an investment's performance against its benchmark during periods when the benchmark's performance is positive, while down-capture compares the investment's performance against the benchmark during periods when the benchmark's performance is negative. A value of 100% for either ratio implies that the investment fully captures, or matches, the benchmark return during the period evaluated. A value of greater than 100% indicates that the investment captured more upside or downside than the benchmark.
Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling 1-916-787-9940 (ext. 102), or by visiting . Read the prospectus carefully before investing.
AmericaFirst Funds are distributed by Northern Lights Distributors, LLC. Northern Lights Distributors, LLC is not affiliated with AmericaFirst Capital Management or Burlington Capital Group, LLC. AmericaFirst Capital Management, LLC is not affiliated with Burlington Capital Group, LLC (formerly America First Companies) or any of its subsidiaries. Fund strategy is proprietary and developed by AmericaFirst Capital Management, LLC.
The value of preferred stocks will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of preferred stock. Preferred stocks are also subject to credit risk, which is the possibility that an issuer of preferred stock will fail to make its dividend payments. Preferred stock prices tend to move more slowly upwards than common stock prices.
Interest rate risk is the risk that bond prices overall, including the prices of securities held by the Fund, will decline over short or even long periods of time due to rising interest rates. Bonds with longer maturities tend to be more sensitive to interest rates than bonds with shorter maturities.
There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund.
0984-NLD-7/05/2012
Contact:
Robert G. Roach, Jr.
AmericaFirst Capital Management, LLC
Tel. (916) 787-9940
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Datum: 09.07.2012 - 14:00 Uhr
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