Industry description
The investment seeks total return consisting of capital appreciation and income.
Under normal conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities. Convertible securities are "hybrid" securities that possess both fixed income and equity characteristics. The fund will generally invest primarily in investment-grade instruments. It is non-diversified.
Volume
The average weekly volume growth across all stocks in the Rational/Pier 88 Convertible Secs Instl MF was -25%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was 39%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 57
P/E Growth Rating: 83
Price Growth Rating: 63
SMR Rating: 80
Profit Risk Rating: 75
Seasonality Score: -66 (-100 ... +100)