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Symphonies
Bonds B1 (38,41,1999)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, one‑fund rotation among six bond funds. It buys the one that has fallen the most recently (lowest 14‑day RSI), aiming for a short‑term bounce. Mostly muni/MBS/investment‑grade bond exposure; very concentrated and rate‑sensitive.
NutHow it works
Each day it checks a 14‑day “heat meter” (RSI, 0–100; lower = fell more recently) on six bond funds that trade like stocks: 4 muni‑bond funds (NAN, MMU, PMM, EVN), a mortgage‑backed bond fund (BKT), and an investment‑grade bond fund (VBF). It buys the one with the lowest reading and holds it until the next day.
CheckmarkValue prop
Out-of-sample edge: a daily bond-CEF rotation delivering ~29.64% annualized return with a 3.79 Sharpe vs SPY's 23.63%/2.15, lower drawdowns (1.68% vs 2.53%), and Calmar ~17.7—strong, risk-adjusted growth versus the S&P 500.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.320.160.040.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
722.68%8.22%-0.15%0.4%0.51
Bonds B1 (38,41,1999)
523,228.66%37.87%0.12%4.22%2.15
Initial Investment
$10,000.00
Final Value
$52,332,865.80
Regulatory Fees
$545,869.43
Total Slippage
$3,813,975.68
Invest in this strategy
OOS Start Date
Dec 13, 2025
Trading Setting
Daily
Type
Stocks
Category
Bonds, municipal bonds, closed-end funds, mean reversion, rsi(14), daily rotation, contrarian, interest-rate sensitive
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BKT
BlackRock Income Trust Inc.
Stocks
EVN
Eaton Vance Municipal Income Trust
Stocks
MMU
Western Asset Managed Municipals Fund, Inc
Stocks
NAN
Nuveen New York Quality Municipal Income Fund
Stocks
PMM
Putnam Managed Municipal Income
Stocks
VBF
INVESCO BOND FUND
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"Bonds B1 (38,41,1999)" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bonds B1 (38,41,1999)" is currently allocated toBKT. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bonds B1 (38,41,1999)" has returned 19.91%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bonds B1 (38,41,1999)" is 1.68%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "Bonds B1 (38,41,1999)", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.