American Beacon SSI Alternative Income Fund Investor Class (PSCAX) Research

The fund primarily employs a convertible arbitrage strategy. This involves acquiring convertible securities, such as convertible preferred stock, and simultaneously establishing short positions, or hedges, in the common equity of the underlying issuers. To further mitigate unwanted market exposures, the fund may also utilize other hedging instruments like exchange-traded funds (ETFs), options, and currency forwards. A significant portion of its assets could potentially be allocated to the Financial sector.

Market snapshot

Symbol
PSCAX
Price
$10.21
Day change
+0.10%
Market cap
$391.7M
52-week range
10.01-10.3
Sector
Financial Services
Industry
Asset Management - Income

Peer companies

  • BlackRock California Municipal Income Trust (BFZ)
  • BlackRock Floating Rate Income Trust (BGT)
  • Calamos Global Growth and Income Fund Class A (CVLOX)
  • Manning & Napier Fd, Inc. Pro-Blend Conservative Term Srs Cl S (EXDAX)
  • Angel Oak Financial Strategies Income Term Trust (FINS)
  • Hartford Global Impact Fund Class A (HGXAX)
  • Hartford Global Impact Fund Class Y (HGXYX)
  • New Covenant Income Fd (NCICX)

Open American Beacon SSI Alternative Income Fund Investor Class (PSCAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.