Performing Capital declined 8.6% for the second quarter, bringing its year-to-date return to -7.8% net. The S&P 500 Total Return Index rose 8.3% for the second quarter and is up 15.9% year to date, while the Russell 2000 Total Return Index gained 5.2% for the quarter and is up 8.1% for the first half. Based only on price, the Russell 2000 gained 4.8% in the second quarter for a year-to-date return of 7.2%, while the HFRI Equity Hedge Index returned 3% for the quarter and 5.6% for the first half. Since its inception in November 2013, Performing Capital has provided…
This Small-Cap, Value-Focused Fund Turned Its Attention To Big Banks In Q2
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.
