AXS News

AXS Sustainable Income Fund (AXSKX) Offers Time-Tested Strategy Combining High Yield and ESG

Latest in firm's family of Alternative funds is strategy for income in historically low rate environment

NEW YORK, October 19, 2020 – AXS Investments, a leading alternative investment manager, today announced that the AXS Sustainable Income Fund (AXSKX) is the latest AXS alternative income fund in the firm’s lineup for investors seeking high yield with a unique emphasis on companies that meet stringent sustainability standards.

The Fund, whose long and strong track record dates back to its 2013 inception, is designed to focus on current income as well as environmental, social and governance (ESG) factors. The portfolio is managed by SKY Harbor Capital Management, an early pioneer of ESG-focused high yield investing and leading institutional manager for pensions, endowments and foundations.

“Our Sustainable Income Fund delivers a timely approach to seeking higher income in a persistently low-yield environment, while tackling some of the challenges of our age, including decarbonization, social responsibility, diversity and transparency,” said Greg Bassuk, Chief Executive Officer of AXS Investments. “AXS has been rapidly expanding our family of alternative investment funds for investors, and we are thrilled to bring this institutional approach to accessing sustainable and high yielding companies to the broader investing public.”

About AXS Investments

AXS Investments is a leading alternative investment manager providing a diversified family of alternative investments for all investors seeking alternative sources of growth, income and diversification. AXS empowers investors to diversify their portfolios with investments previously available only to the largest institutional and high net worth investors. The firm’s investor-friendly funds are time-tested, liquid, transparent and managed by high pedigreed portfolio managers with long and strong track records. For more information, visit www.axsinvestments.com.

About SKY Harbor

SKY Harbor Capital Management is an independent SEC-registered investment management firm focused on the management of portfolios of U.S. high yield bonds and leveraged loans. Founded in 2011 and based in Greenwich, CT, its women-led senior team has a 30+ track record in managing portfolios for global institutional investors and private wealth advisors. The firm’s process is grounded in fundamental analysis of issuers and markets and technical analysis of security characteristics, supported by quantitative methods, to identify and manage the risks associated with owning below-investment-grade corporate debt obligations. As one of the earliest high yield asset managers to adopt ESG factors into its research, SKY Harbor is a SASB (Sustainable Accounting Standards Board) member and signatory to several global initiatives dedicated to corporate sustainability including: Principles for Responsible Investment (PRI), UN Global Compact, Thirty Percent Coalition, Task Force on Climate-Related Financial Disclosures (TCFD) and more.

There is no assurance that the Fund will achieve its investment objective.

The market price of a security may decline due to general market conditions that are not specifically related to a particular company, changes in the general outlook for corporate earnings, changes in interest or currency rates, or adverse investor sentiment. The prices of fixed income securities respond to economic developments as well as to changes in an issuer’s credit rating or market perceptions about the creditworthiness of an issuer. High yield bonds are debt securities rated below investment grade and are speculative, involve greater risks of default, downgrade or price declines and are more volatile and tend to be less liquid than investment-grade securities. While the Sub-Adviser believes that the integration of ESG analysis as part of the investment process contributes to its risk management approach, the Fund’s consideration of ESG criteria in making its investment decisions may affect the Fund’s exposure to risks associated with certain issuers, industries and sectors, which may impact the Fund’s investment performance.

There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. Diversification does not ensure profits or prevent losses. Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. To obtain a prospectus containing this and other important information, please click here to view or download a prospectus online. Read the fund’s prospectus carefully before you invest.

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