Biondo Focus Fund (BFONX) Research
The Biondo Focus Fund principally directs its capital towards a range of long-term holdings. These include equity shares of American corporations, regardless of their market valuation, alongside American Depositary Receipts (ADRs) representing ownership in foreign businesses. The fund also invests in high-grade fixed income instruments, exchange-traded funds (ETFs), and derivative options linked to stocks, ADRs, and ETFs. Furthermore, it possesses the ability to employ financial leverage, potentially through bank loans, up to a maximum of 33% of its total assets, which are defined as the sum of its net assets and any borrowed funds used for investment. It is important to note that this fund operates with a non-diversified investment strategy.
Market snapshot
- Symbol
- BFONX
- Price
- $19.89
- Day change
- +1.27%
- Market cap
- $47.8M
- 52-week range
- 17.95-24.25
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
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