AXQ - Allco Max Securities & Mortgage Trust is an income growth fund that will engage in credit arbitrage. AXQ will invest in a portfolio of secure asset-backed loans and short term securities and cash and make loans originated by Allco to high credit quality, investment-graded rated counterparties. Only fund of it's type that has AAA rating.
Was trading at $1.00 with a NTA of 90c six months ago. Is trading at $0.78 with a NTA of 90c now. Go figure!
AXQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
