Absolute return fixed income strategy earns top honors from HFMWeek
Hackensack, NJ (October 31, 2016) –On the heels of three award nominations from HFMWeek’s US Hedge Fund Performance Awards for 2016, the Income Performance Strategy from Bramshill Investments was named the winner in the Specialist category. The other two nominations were in the categories of Credit under $1 billion and Fixed Income under $1 billion.
Bramshill’s Income Performance Strategy was spun out of an absolute return fixed income strategy managed by Bramshill Founder and CIO Art DeGaetano while at GLG Partners and has a track-record dating back to 2009. Since 2009, the Strategy has delivered an annualized return of 8.57% and a cumulative total return of 89.11%. Since the founding of Bramshill, the Income Performance Strategy has averaged a 5.5% annual distribution yield with an investment grade portfolio and an average duration of 5.1 years.
Bramshill seeks to harness the best risk-reward opportunities within five primary asset classes in fixed income including investment grade and high-yield bonds, preferred stocks, municipal bonds and U.S. Treasuries. Bramshill has averaged less than 20% exposure to high yield and does not use leverage or derivatives. This approach has led to the recognition from HFMWeek and from investors as the Firm’s AUM has grown from $190 million at inception to $408 million as of 9/30/2016. Investors can access the strategy in both separately managed account and mutual fund vehicles.
“Our unique strategy that opportunistically allocates across credit, preferreds, and municipals gives Bramshill a competitive advantage. We invest with conviction and focus on risk management,” said Art DeGaetano, who also referenced the camaraderie and dedication of the portfolio and executive teams at the firm stating, “We have all known each other and worked hard together for many years. The fluid team effort at Bramshill has resulted in our strong performance which is being recognized by this HFM Award.”
Bramshill is an employee-owned firm that is committed to alpha generation: the team maintains a focused portfolio of under 50 securities and plans to cap strategy assets around $2B.
For more information about the strategy, please contact Bramshill Investments at 201-708-8150 / investorrelations@bramshillinvestments.com or Stacy Havener of Havener Capital Partners at 401-314-0431 / stacy@havenercapital.com.
About Bramshill Investments
Bramshill Investments, LLC is an investment adviser registered with the United States Securities and Exchange Commission. The firm’s core investment strategy was spun out of an investment strategy run at GLG Partners and has a proven track record of over seven years with an absolute return objective. Today, Bramshill Investments has approximately $410 million in assets under management. For more information, please visit: http://www.bramshillinvestments.com.
The award nominations should not be construed as an endorsement or testimonial of Bramshill’s Investment advisory services and past performance may not be indicative of future results. Bramshill is an investment adviser that offers its strategies in separately managed account and mutual fund format. Entry is available to U.S. and Canadian managers that have a minimum 36-month track record ending, pay an application fee and submit performance data to HFM for consideration. A judging panel consisting of HFM representations, institutional/private investors and industry experts will judge the applicants based on performance, qualitative information and structural criteria. Investing involves risk, including the potential loss of principal, and there can be no assurance that any particular product or strategy will prove profitable. The return since inception refers to the net performance of the Bramshill Income Performance strategy from inception to September 2016. The Firm’s CIO and Founder began managing the strategy in January 2009, while associated with an unaffiliated investment firm, and transitioned the strategy to Bramshill upon its founding in May 2012.