Notable companies
The most notable companies in this group are Annaly Capital Management (NYSE:NLY), Rithm Capital Corp (NYSE:RITM), Lumen Technologies (NYSE:LUMN).
Industry description
The investment seeks to provide current income; Long-term capital appreciation is a secondary objective.
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in fixed income securities. Under normal circumstances, the fund invests primarily in income producing securities, including U.S. and foreign investment grade and high yield (“junk”) corporate bonds and preferred stock, bonds issued by the U.S. Treasury, and bank loans.
Market Cap
The average market capitalization across the Simplify Opportunistic Income ETF ETF is 4.92B. The market cap for tickers in the group ranges from 956.47M to 9.85B. NLY holds the highest valuation in this group at 9.85B. The lowest valued company is ARR at 956.47M.
High and low price notable news
The average weekly price growth across all stocks in the Simplify Opportunistic Income ETF ETF was 1%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 210%. OXLC experienced the highest price growth at 3%, while LUMN experienced the biggest fall at -13%.
Volume
The average weekly volume growth across all stocks in the Simplify Opportunistic Income ETF ETF was -30%. For the same stocks of the ETF, the average monthly volume growth was 12% and the average quarterly volume growth was 102%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 31
P/E Growth Rating: 82
Price Growth Rating: 49
SMR Rating: 68
Profit Risk Rating: 78
Seasonality Score: 27 (-100 ... +100)