Bramshill Income Performance Fund - Institutional Class · NASDAQ:BRMSX
Bramshill Income Performance Fund - Institutional Class — Bramshill Investments — Investor Presentation (July 2025)
25 slides from Bramshill Income Performance Fund - Institutional Class's investor presentation, July 2025
Slide 1: All Weather Income Strategy
All Weather Income Strategy 3Q2025 1 S T R I C T L Y C O N F I D E N T I A L | N O T F O R D I S T R I B U T I O N
Slide 2: Table of Contents
Table of Contents Firm Overview 3 Experienced Portfolio Managers 4 Organizational Chart 5 Strategy Overview 6 Investment Process 7 Cyclical Rotation 8 Income Waterfall 9 Distribution Coverage Model 10 Distribution Coverage Example 11 Portfolio Yield 12 Strategic Allocation Shifts 13 Strategy Metrics
Slide 3: Firm Overview
Firm Overview Bramshill Investments, LLC, founded in 2012, is an alternative asset manager focused on value investing in fixed income and debt securities. Bramshill exercises a philosophy of value investing in income-producing securities. Bramshill invests in securities that the Firm believes ar
Slide 4: Experienced Portfolio Managers
Experienced Portfolio Managers STEVEN CARHART, CFA JUSTIN BYRNES ART DEGAETANO 35 YEARS EXPERIENCE 28 YEARS EXPERIENCE 35 YEARS EXPERIENCE BRAMSHILL (’16 – PRESENT) BRAMSHILL (‘12 – PRESENT) BRAMSHILL (‘13 – PRESENT) • Consultant & Senior Portfolio Manager, All Weather • Founder and CIO • Senior Por
Slide 5: Organizational Structure
Organizational Structure Our firm is proud of our significant intellectual capital. ART DEGAETANO STEPHEN SELVER Founder and Managing Partner, Managing Partner, Chief Investment Officer Chief Executive Officer OFFICERS 35 years experience 30 years experience Colgate University Holy Cross College NIC
Slide 6: Strategy Overview
Strategy Overview STRATEGY STRATEGY INCEPTION OPPORTUNITY SET CHARACTERISTICS VEHICLE AUM* Diversified Portfolio of Income-Producing ALL WEATHER INCOME High Income Securities: REITs, STRATEGY Generation with MLPs, BDCs, Preferred $85 million Principal Protection SMAs, and 40act** 3/1/2016 securities
Slide 7: Investment Process: Idea Generation and Research
Investment Process: Idea Generation and Research TOP DOWN – ECONOMIC ENVIRONMENT Identify which quadrant of the Inflation/Growth Matrix best TOP DOWN: MIDDLE DOWN: represents the current economic environment and quantify Assess the Identify Sectors the probabilities of a change in trend. Economic wh
Slide 8: Cyclical Rotation
Cyclical Rotation The matrix, detailing growth and inflation environments (specifically rate of change), is a framework for optimal asset class positioning from a top down perspective. Pass through securities are surrogates for traditional asset classes and are capable of prospering under any econom
Slide 9: Income Waterfall
Income Waterfall Pass-through securities (REITs, MLPs, BDCs) distribute income to shareholders after debt service, preferred dividends, and capital expenditures. Most pay no corporate income tax. DEBT SERVICE PREFERRED CASH AVAILABLE EBITDA SR. SECURED DEBT EQUITY CAPITAL EXPENDITURES FOR DISTRIBUTI
Slide 10: Distribution Coverage Model
Distribution Coverage Model DISTRIBUTION COVERAGE RATIO = CASH AVAILABLE FOR DISTRIBUTION / DIVIDENDS FINANCIAL & QUALITATIVE PORTFOLIO ANALYSIS Bramshill Investments has developed a real-time quantitative model which tracks and aims to predict the distributable cash flow and the coverage of that di
Slide 11: Distribution Coverage Example
Distribution Coverage Example ENERGY TRANSFER LP (ET) Energy Transfer LP owns and operates a portfolio of energy assets. The Company engages in the operations such as transportation, storage and terminalling, crude oil, NGLs, refined products, and liquid natural gas. Energy Transfer serves customers
Slide 12: Portfolio Yield
Portfolio Yield Strategy is able to maintain consistent high dividend by investing in companies generating strong free cash flows that are able to cover their high dividend payouts. Bramshill uses a proprietary model which uses quantitative analytics metrics to predict future dividend and coverage
Slide 13: Strategic Allocation Shifts
Strategic Allocation Shifts 2016 - 2017 2018 - 2021 2022 - 2024 2016: Following commodity selloff in late 2019: Increased C-Corp exposure in 2022: In anticipation of high risk in equity markets, we initiated 2015, initiated maximum allocations to MLPs. renewable power producers following cost positi
Slide 14: Strategy Metrics
Strategy Metrics MONTHLY RETURNS (NET OF FEES) (%) JAN FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC TOTAL 2016 - - 6.13 1.28 1.11 1.56 3.43 0.54 -1.20 -4.09 1.47 3.14 13.80 2017 3.22 0.68 -0.98 1.99 -2.66 1.16 1.85 -2.84 1.51 -1.14 -0.91 2.67 4.38 2018 2.08 -5.65 -1.71 3.43 4.32 1.41 4.92 0.73 -0.
Slide 15: Quarterly Exposure
Quarterly Exposure TOP TEN HOLDINGS ASSET CLASS ALLOCATION 4.3% 1.8% 9.5% TOP TEN HOLDINGS WEIGHT DIVIDEND YIELD AGNC 2.7% 15.7% 20.9% 26.9% B 2.5% 1.9% HESM 2.5% 7.4% IRM 2.2% 3.1% 24.1% 10.7% 1.9% WMB 2.2% 3.2% Business Development Companies CQP 2.2% 5.9% C-Corp Close End Funds ET 2.2% 7.2% Prefer
Slide 16: Performance Overview
Performance Overview 1,800,000 1,700,000 $ 1,632,615 1,600,000 1,500,000 1,400,000 1,300,000 1,200,000 Based on an initial 1,100,000 investment of 1,000,000 $1,000,000 USD at 900,000 inception, the current 800,000 value of the portfolio is 700,000 $1,632,615 600,000 net of fees. 500,000 Nov-16 Nov-1
Slide 17: Detailed Portfolio Themes
Detailed Portfolio Themes DOMESTIC ENERGY PRODUCTION With global energy trade subject to geopolitical stress and likely to lead to higher energy prices we have a major concentration in all types of domestic energy producing enterprises. Examples: VNOM, ARLP, TXO MIDSTREAM ENERGY With US domestic oil
Slide 18: Summary
Summary TRACK RECORD 10 year track record, SMA composite Experienced portfolio management, analysis and research team GIPS compliant (see Composite Presentation for details) Generated stable distributable income provided even in heightened market volatility environments PORTFOLIO RISK CONTRO
Slide 19: Key Information
Key Information Strategy Terms REGISTRATION SEC Registered Investment Advisor BASE CURRENCY USD VALUATION Intraday / Daily MINIMUM INVESTMENT USD $250,000 MANAGEMENT FEE 0.75% WITHDRAWAL NOTICE PERIOD 5-Day Written Notice. No Lock-Ups LEGAL ADVISORS Katten Muchin Rosenman LLP Chief Compliance Office
Slide 20: Appendix
Appendix Biographies 21 Disclosures 23 Contact Us 25 20 S T R I C T L Y C O N F I D E N T I A L | N O T F O R D I S T R I B U T I O N
Slide 21: Senior Investment Team
Senior Investment Team Art DeGaetano – Founder and CIO, 35 years experience Derek Pines – Sr. Portfolio Manager, 27 years experience Mr. DeGaetano is the Chief Investment Officer and Founder of Bramshill Investments. Prior to Mr. Pines is a Senior Managing Director and Portfolio Manager at Bramshill
Slide 22: Investment Team
Investment Team Edward Lockwood - Director, 10 years experience Jeff Leschen - Managing Director, 19 years experience Mr. Lockwood is a Director at Bramshill Investments and a member of the firm’s Investment Team. Mr. Leschen is a Managing Director at Bramshill Investments. He is primarily responsib
Slide 23: Disclosure
Disclosure The information contained herein (the “Information”) is confidential information regarding Bramshill Investments, LLC (“Bramshill”). By accepting this Information, the recipient agrees that it will, and it will cause its directors, partners, officers, employees, attorney(s), agents and re
Slide 24: Disclosure
Disclosure Benchmark* Composite Number of Internal Composite Firm Year Gross Return (%) Net Return (%) Benchmark (%) 3-Yr Standard Deviation 3-Yr Standard Deviation Portfolios Dispersion (%) Assets ($M) Assets ($M) 2016 14.5 13.8 19.44 N/A N/A 13 - 5.51 501.1 2017 5.16 4.38 1.92 N/A N/A 7 4.23 1.44
Slide 25: Offices and contact details
FLORIDA NEW YORK CALIFORNIA 801 Laurel Oak Dr. STE 300 152 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 239.920.7310 www.bramshillinvestments.com 25 S T R
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