Volta Finance (GB:VTA) has released an update.
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Volta Finance reported a modest net performance increase of 0.1% in August, contributing to a year-to-date return of 10.9%, which compares favorably against the US and Euro High Yield indices’ returns of 6.3% and 5.6%, respectively. Despite a volatile month due to global market reactions to economic indicators, credit markets showed strong reactions and CLO markets continued to outperform broader credits. Volta’s investment strategy focuses on leveraging exposure to various assets, aiming to preserve capital and deliver stable income through dividends.
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