Informa Ranked Durig’s FX2 Portfolio 1st for Performance in Short Term Fixed Income

Durig’s FX2 Portfolio – Third Quarter Rankings from Informa

 

 

 

Informa Investment Solutions Bench Ranked 1st in Performance Durig Capital’s Fixed Income 2 (FX2) Portfolio against its peer group of short term fixed income in it’s PSN database.

 

Here is how Durig’s FX2 Portfolio was Ranked Third Quarter of 2018:

 

Durig Capital Rank

Time Period

Number of Competitors

1st

1 Year

126

1st

2 Years

125

1st

3 Years

124

1st

5 Years

120

1st

Since Inception

110

 

Fly High with Triumph Group, Over 8.5% YTM, Bonds Mature August 2025

This week, Durig Capital looks to the skies as it reviews an issuer that is focused on the design and manufacture of aircraft parts and systems. Triumph Group has spent the past few years shedding non-core business assets, consolidating locations and streamlining its operations with an eye to cost reductions. Its latest quarterly results showcase its progress on this journey. Its fiscal year 2019 first quarter results included the following:

 

  • A 6.5% increase in net sales as compared to Q1 FY 2018

  • An increase of 126% in adjusted EBITDA as compared to the prior year period.

  • Interest coverage was an outstanding 2.3x for Q1

  • Triumph Group is projecting a 5% increase in net sales in FY 2019.

  • Backlog increased by 5% over the previous year period.

Fill Up with Albertsons Bonds, Over 9.5% YTM, June 2026

Diversification is the word this week as Durig Capital takes a second look at the number two grocer in the United States. Albertsons recently posted its first quarter results for fiscal year 2018. The company showcased some impressive financials including the following:

 

  • Adjusted EBITDA of $815.8 million, an increase of 5.7% year-over-year.

  • 39% increase in net cash provided by operating activities.

  • 108% increase in e-commerce sales.

  • Interest coverage of nearly 3x.

Vehicle Anti-Theft Market to Thrive Moderately at a Healthy CAGR during the Forecast Period 2018 to 2022

Market Research Future’s (MRFR) latest study reveals that the global vehicle anti-theft market is set to exhibit a substantial growth at a moderate pace over the forecast period 2016 to 2022. The technological advancements adopted by the vehicle anti-theft industry leaders is expected to catapult the market on an upward trajectory for the next few years.

The boom witnessed in the automotive sector has a direct and a positive influence on the growth of the vehicle anti-theft market. The increasing demand for automobiles equipped with vehicle anti-theft technologies is projected to fuel demand for vehicle anti-theft security solutions through the assessment period.

Drive Over 8.75% Yield-to-Maturity with CSI Compressco, Bonds Mature August 2022

This week’s bond issuer is a company entrenched in production and transportation of natural gas. CSI Compressco’s (CCLP) first and second quarters have been outstanding, both recording consecutive increases in revenues. The oil and gas industry’s activity level has been steadily increasing over the past 18 months and CCLP has started to see the effects of this on all three of its business segments – Compression Services, Aftermarket Services, and Equipment Sales. Its second quarter results gives investors reason to look twice at this natural gas services company.

 

  • Q2 revenues increased 33% year-over-year, and 17% over Q1 2018.

  • Adjusted EBITDA increased 21% over Q1 and 19% year-over-year.

  • Compressions Services increased gross margin by 460 basis points.

  • At the conclusion of Q2, new equipment sales had generated a backlog of $102 million, revenue to be recognized later this year and the first half of 2019.