We are on track for a very successful year up 17.93%.
Distressed Debt 1 has outperformed the S & P Total Return Index by over 600% since it inception.
The Distressed Debt 1 cumulative return from 10-1-2015 is 175.24%
The S & P 500 TR Index cumulative return from 10-1-2015 is . 27.23%
Distressed Debt 1 has very little correlation with the S & P Total return with a negative beta of -.72.
This helps Distressed Debt 1 to achieve a very high alpha of 4.47.
On 9-6-2017, Distressed Debt 1 was ranked 2nd nationally in (CAGR) according to HedgeCo.net and their database of over 9000 Hedge Funds.
In 2016 we were the ranked as the top performing Hedge Fund in the nation by HedgeCo.net.
We re-positioned a significant portion of the portfolio in May, with a goal of bettering our positions for the second half of 2017.