Bramshill Income Performance Fund - Institutional Class · NASDAQ:BRMSX
Bramshill Income Performance Fund - Institutional Class — Bramshill Income Performance Fund — Investor Presentation (September 2022)
27 slides from Bramshill Income Performance Fund - Institutional Class's investor presentation, Sep 30, 2022
Slide 1: Income Performance Fund (BRMSX) Q4 2022
Income Performance Fund (BRMSX) Q4 2022 11
Slide 2: Table of Contents
BRAMSHILL INVESTMENTS T A B L E O F C O N T E N T S FIRM Firm Overview 3 Timeline 4 Organizational Structure 5 Experienced Portfolio Management Team 6 FUND Income Performance Fund Overview 7 Core Approach 8 Fund Returns 9 Quarterly Exposure 10 INVESTMENT PROCESS Investment Idea Generation & Research
Slide 3: Firm Overview
FIRM F I R M O V E R V I E W Bramshill Investments, LLC, founded in 2012, is an alternative asset manager focused on value investing in fixed income and debt securities. US AWARDS 2017 Bramshill exercises a philosophy of value investing in income-producing securities. Bramshill invests in securi
Slide 4: Timeline
FIRM T I M E L I N E Prior to 2012 - 2016 2017 -2022 Inception MAY 2012: JUN 2017: JUL 2018: APR 2021: Art DeGaetano (CIO) opens Bramshill implements new order Bramshill AUM surpasses $1 billion Bramshill AUM surpasses $4 Bramshill Investments, with $150 billion management system million (spun out o
Slide 5: Organizational Structure
FIRM O R G A N I Z A T I O N A L S T R U C T U R E ART DEGAETANO STEPHEN SELVER Founder and Managing Partner, Managing Partner, Chief Investment Officer Chief Executive Officer 30 years experience 28 years experience KEVIN JESTER GINA CIFELLO DAVID HEDLEY MONA DARUWALA Chief Operating Officer Chief
Slide 6: Experienced Portfolio Management Team
FIRM E X P E R I E N C E D P O R T F O L I O M A N A G E M E N T T E A M ART DEGAETANO DEREK PINES FOUNDER & CIO PORTFOLIO MANAGER & ANALYST BRAMSHILL INVESTMENTS (‘12 – PRESENT) BRAMSHILL INVESTMENTS (‘12 – PRESENT) • Founder and CIO • Co-Portfolio Manager; Conduct and deploy fundamental credit • S
Slide 7: Income Performance Fund Overview
FUND INCOME PERFORMANCE FUND OVERVIEW FUND FUND INCEPTION INVESTED MARKETS CHARACTERISTICS VEHICLE AUM* Traditional: US Corporates Opportunistic, tactical fund INCOME PERFORMANCE FUND (Investment Grade & High focused on dynamically Yield) and US Treasuries. $761 mm APR 2016 allocating capital among
Slide 8: Core Approach
FUND C O R E A P P R O A C H ROTATE ACROSS FIVE UNCORRELATED ASSET CLASSES Investment Grade corporates bonds, High Yield corporate bonds, Preferred securities, Municipal bonds, US Treasuries ROTATE ACROSS VARIOUS STRUCTURES 10yr non-call 5yr high yield, Floating rate preferreds, 20yr muni, BB corpor
Slide 9: Fund Returns
FUND F U N D R E T U R N S DATA AS OF 9/30/2022 STANDARDIZED RETURNS 2.00% 2.35% 1.09% 0.95% 0.21% 0% Bramshill Income -0.24%-0.27% Performance Fund -1.30% -4% -3.26% Wilshire Liquid Alternative Relative Value Index -8% -7.54% -7.42% Bloomberg Barclays U.S. -9.12% Aggregate Bond Index -9.71% -12% -1
Slide 10: Quarterly Exposure
FUND Q U A R T E R L Y E X P O S U R E DATA AS OF 9/30/2022 FUND PORTFOLIO STATISTICS DURATION EXPOSURE ASSET ALLOCATION BY ASSET CLASS OAD Duration Bucket Weight (%) Sector Weight (%) 30-day SEC Yield 2.55% Less than 1 year 53.84 High Yield Corporate Bonds 3.81 Duration: 4.02 years 1-3 Years 20.82
Slide 11: Investment Process
FUND I N V E S T M E N T P R O C E S S Investment Idea Trading and Portfolio and Risk Generation and Strategy Management Research Implementation 11
Slide 12: Investment Idea Generation
FUND I N V E S T M E N T I D E A G E N E R A T I O N TOP DOWN Evaluate opportunities across taxable, Assess Interpret Fed policy tax-free, and equity oriented income relative Analyze portfolio's Analyze how interest rate moves, both markets value of directional and within the term asset intere
Slide 13: Top Down - Macro Overlay
INVESTMENT PROCESS T O P D O W N - M A C R O O V E R L A Y Different risk profiles across Asset Classes present opportunities to shift portfolio based on interest rate and credit market views. This begins with a top-down assessment of the asset classes in which the fund invests. Least Credit Risk CR
Slide 14: Assessing Optimal Interest Rate Risk
INVESTMENT PROCESS ASSESSING OPTIMAL INTEREST RATE RISK Fixed Income asset classes can perform in an uncorrelated manner during various interest rate environments. Furthermore, different security structures within each asset class can provide a wide range of total return. Accordingly, the Bramshill
Slide 15: Assessing Optimal Interest Rate Risk
INVESTMENT PROCESS ASSESSING OPTIMAL INTEREST RATE RISK The chart below shows the performance of the Fund in rising rate environments. The Fund’s diversification allows for positive growth in various interest rate environments. The positioning of Bramshill’s investments in the portfolio have been ab
Slide 16: Credit Sensitivity
INVESTMENT PROCESS CREDIT SENSITIVITY During periods of equity market stress since the fund’s inception, BRMSX has produced returns with shallower drawdowns and less volatility than the US Corporate High Yield market. This performance has been accomplished with a -0.01 correlation to the U.S Treasur
Slide 17: Bottom Up - Credit Selection
INVESTMENT PROCESS B O T T O M U P - C R E D I T S E L E C T I O N Follow a consistent and fluid Investment Process for Credit Selection Every position is assessed both at the security level and by its potential impact on the portfolio Research write-ups on every position stored via internal s
Slide 18: Strategy Implementation
INVESTMENT PROCESS S T R A T E G Y I M P L E M E N T A T I O N Converting an idea into a position is a crucial step in Bramshill’s investment process. The following factors are considered prior to including a research idea into the portfolio. LIQUIDITY ANALYSIS IDENTIFY FORCED TRADING • Understand ‘
Slide 19: Portfolio and Risk Management
INVESTMENT PROCESS P O R T F O L I O A N D R I S K M A N A G E M E N T Risk Management is a top priority at Bramshill. We believe managing downside risk is essential to making solid risk-adjusted investments PORTFOLIO CONSTRUCTION SCENARIO ANALYSIS RISK MANAGEMENT Apply risk metrics for credit qua
Slide 20: Risk Parameters
RISK MANAGEMENT R I S K P A R A M E T E R S ASSET ALLOCATION EXPOSURE US Rates Minimum 0%, Maximum 50% IG Corporates Minimum 0%, Maximum 80% HY Corporates Minimum 0%, Maximum 40% US Municipals Minimum 0%, Maximum 80% Preferred Equity Minimum 0%, Maximum 70% Closed-End Fund Minimum 0%, Maximum 15% Ex
Slide 21: Appendix
Appendix Biographies 22 Disclaimers 26 Contact Us 27 21
Slide 22: Biographies: Senior Investment Team
BIOGRAPHIES S E N I O R I N V E S T M E N T T E A M Art DeGaetano – Founder and CIO, 30 years experience Derek Pines – Sr. Portfolio Manager, 22 years experience Mr. DeGaetano is the Chief Investment Officer and Founder of Bramshill Investments. Prior Mr. Pines is a Senior Managing Director and Port
Slide 23: Biographies: Investment Team
BIOGRAPHIES I N V E S T M E N T T E A M Nicolas Amato, CFA, CAIA - Managing Director, 24 years experience Jennifer Huynh , CFA - Credit Analyst, 5 years experience Nicolas (“Nico”) Amato is a Managing Director of Bramshill Investments. Mr. Amato has over Ms. Huynh is a Credit Analyst at Bramshill In
Slide 24: Biographies: Infrastructure
BIOGRAPHIES I N F R A S T R U C T U R E Gina Cifello - Chief Financial Officer, 24 years experience Kevin Jester- Chief Operating Officer, 17 years experience Ms. Cifello joined Bramshill in 2017 and has over 20 years of accounting and financial Mr. Jester is the Chief Operating Officer of Bramshill
Slide 25: Biographies: Client Service
BIOGRAPHIES C L I E N T S E R V I C E Stephen Selver - Chief Executive Officer, 28 years experience Martin Burke, CIMA - Executive Director, 37 years experience Mr. Selver is the Chief Executive Officer of Bramshill Investments. Mr. Selver joined Bramshill Martin Burke is an Executive Director at Br
Slide 26: Important Disclosures
BRAMSHILL INVESTMENTS I M P O R T A N T D I S C L O S U R E S Investors should carefully consider the Fund's investment objectives, risks, charges and expense before investing. The prospectus contains this and other important information about the Fund and may be obtained at www.BramshillFunds.com o
Slide 27: Contact Us
BRAMSHILL INVESTMENTS C O N T A C T U S FLORIDA NEW YORK CALIFORNIA 801 Laurel Oak Dr. STE 300A 152 West 57th Street, FL 46 888 San Clemente Dr. STE 270 Naples, FL 34108 New York, NY 10019 Newport Beach, CA 92660 P: 239.920.7310 P: 646.993.1648 P: 949.614.8031 info@bramshillinvestments.com 239.920.7
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