DG Value Outperforms As Credit Positions Hold Up

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Rupert Hargreaves
Published on
Updated on

DG Value’s flagship fund followed the market lower in April, declining 8.5% as the Russell 2000 fell by -9.9% and the Credit Suisse high yield index declined by -3.5%, that’s according to a copy of the fund’s monthly update, which ValueWalk has been able to review. The fund, which focuses on event-driven value opportunities in the middle market segment, returned -13% for the year to the end of April, compared to a loss of -16.7% for the Russell 2000 and -7.5% for the Credit Suisse high yield index. Equities have detracted 12.8% year-to-date, with hedges and shorts returning 0.7% and…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk