Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Easterly Income Opportunities Fund (JSVIX) delivered a conservative 1.92% return in Q3 2025, slightly lagging its benchmark. The manager has raised cash and Treasuries to ~20% of the portfolio to navigate localized credit distress in subprime auto ABS and office CMBS.
Full Quick Take
The Easterly Income Opportunities Fund (JSVIX) delivered a conservative 1.92% return in Q3 2025, slightly lagging its benchmark. The manager has raised cash and Treasuries to ~20% of the portfolio to navigate localized credit distress in subprime auto ABS and office CMBS.