The Fund’s investment objective is to provide investors with a high level of current income sourced from an equity portfolio. Thus, investors can also benefit from the market appreciation and maximize Puerto Rico tax advantages.
Why QFAXQ?
This fund qualifies as an alternative investment for both high-net-worth individuals and institutions. The fund offers investors a hedge against macroeconomic uncertainty – in case of lower rates, the investor will receive equity appreciation. In the case of higher rates, the investor will continue to receive a high-yield dividend without a collapse in bond portfolio value.
High Yield:
QFAXQ provides a targeted 6.5% annual dividend yield.
Equity Portfolio
The majority of the portfolio consists of forty US equity positions.
Puerto Rico Registration
The fund’s dividend yield is tax-exempt for PR-based investors. For reference, the tax-equivalent yield is 8.28% for qualified investors and 10.50% for non-qualified investors.
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