Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:An SRI Bond Fund Catches the WSJ's Eye Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, February 25, 2011

An SRI Bond Fund Catches the WSJ's Eye

News summary by MFWire's editors

Socially responsible fundsters may want to check out the CRA Qualified Investment Fund, a $1 billion bond fund with holdings in agency debt and municipal bonds.

The fund invests primarily in government-related subsectors of the bond market, the Wall Street Journal reports. Todd Cohen, president and chief investment officer of Community Capital Management [see profile], a Weston, Florida-based firm that runs the fund, told the pub that the fund bets on a universe of 60,000 taxable muni bonds that fund community economic development activities. Currently, the fund's biggest holdings include agency guaranteed, multifamily mortgage-backed securities, Ginnie Mae and Fannie Mae bonds.

As of Wednesday, the fund's institutional shares reportedly returned 3.35 percent on a one-year basis compared to the Barclays Capital U.S. Aggregate Bond Index's, which includes corporate bonds that the fund doesn't invest in, one-year return of 4.89 percent.  

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use