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Credit Interval Fund Index - Q3 2023

Performance Summary

  • SKRADD-IFC Index: The credit-focused interval fund index recorded a return of 2.8% over the three-month period ending September 30, 2023.

  • Investment-Grade Bond Market: In contrast, the S&P U.S. Aggregate Bond Index experienced a downturn, posting a -2.7% return for the quarter.

  • Leveraged Loan Market: The Morningstar LSTA U.S. Leveraged Loan 100 Index slightly outperformed the SKRADD-IFC Index with a 3.1% return for the quarter.

  • Credit-Focused Interval Funds on Altidar:

    • Highest Return: Bluerock High Income Institutional Credit Fund: 5.9% for the quarter.

    • Lowest Return: PIMCO Flexible Credit Income Fund: 0.9% for the quarter.


Download Q3 Report

For a more in-depth analysis, download the full Q3 index update below. This report offers a historical perspective on the index's returns, credit benchmark comparisons, and recent performance data for the credit-focused interval funds featured on the Altidar platform:


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