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Symphonies
Primal Funds › Durable Yield (ETF Edition)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A high‑income portfolio of ETFs/CEFs in pipelines (MLPs), real estate (REITs), financial lenders (BDCs), and high‑yield credit. Quarterly rebalanced to target weights. Built for ongoing income; expect sensitivity to interest rates, credit, and energy cycles.
NutHow it works
All the money is split across 8 income-focused funds and reset every quarter to fixed weights. They hold: pipelines/MLPs (TPYP, AMLP), real estate landlords (KBWY), dividend‑heavy financials and business lenders (KBWD, BIZD), high‑yield bonds (HYBL) and a high‑yield bond fund with a built‑in hedge (CDX), plus a real‑assets income fund (RA). Goal: steady cash payouts, not fast growth.
CheckmarkValue prop
An income-focused sleeve with lower downside and market beta than the S&P 500: oos drawdown 11.9% vs 18.8%, beta ~0.53, and quarterly rebalancing across diversified yield engines for steadier income and less volatility than SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
00.560.580.76
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
66.76%13.68%1.75%5.97%0.81
Primal Funds › Durable Yield (ETF Edition)
35.61%7.94%1.94%6.75%0.65
Initial Investment
$10,000.00
Final Value
$13,561.11
Regulatory Fees
$0.32
Total Slippage
$1.71
Invest in this strategy
OOS Start Date
Nov 7, 2024
Trading Setting
Quarterly
Type
Stocks
Category
Income, high yield, etfs/cefs, pipelines/mlps, reits, bdcs, high-yield bonds, quarterly rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
AMLP
Alerian MLP ETF
Stocks
BIZD
VanEck BDC Income ETF
Stocks
CDX
Simplify High Yield ETF
Stocks
HYBL
State Street Blackstone High Income ETF
Stocks
KBWD
Invesco KBW High Dividend Yield Financial ETF
Stocks
KBWY
Invesco KBW Premium Yield Equity REIT ETF
Stocks
RA
Brookfield Real Assets Income Fund Inc.
Stocks
TPYP
Tortoise North American Pipeline 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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toTPYP, CDX, KBWY, BIZD, RA, KBWD, HYBLandAMLP. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 6.21%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 11.90%. 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 the symphony, 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.