Credit Interval Fund Index - Q3 2023
- jackkearney54
- Dec 19, 2023
- 1 min read
Updated: Aug 28, 2024
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:
