Press Releases & Announcements

June 21, 2016

Bond Bears Licking Their Wounds as Stock Funds Lag Amid Low-Interest Rates

March 16, 2016

The Best and Worst of February: Nontraditional Bond Funds
Nontraditional bond funds lost an average of 0.47% in February, bringing the category’s one-year returns through the end of the month to -4.06% versus 1.50% for the Barclays U.S. Aggregate Bond Index. As a result, investors pulled a total of $21.7 billion out of the category for the year ending February 29, bringing total category assets down to $125 billion. 7134-NLD-3/21/2016

November 10, 2015

BTS Tactical Fixed Income VIT Now Added to Jefferson National's Investment-Only Variable Annuity Platform
Lexington, MA - November 10, 2015 - A variable insurance trust (VIT) version of BTS Asset Management's flagship tactical fixed-income product is now available via Jefferson National's Monument Advisor, the industry's first Flat-Fee, Investment-Only Variable Annuity (IOVA).

December 9, 2014

BTS Bond Asset Allocation Fund to Merge into the BTS Tactical Fixed Income Fund
Lexington, MA December 9, 2014 - BTS Asset Management announced the BTS Tactical Fixed Income Fund ("TFI Fund") and the BTS Bond Asset Allocation Fund ("BAA Fund") will merge. Effective December 12, 2014, the BAA Fund will merge into the TFI Fund.

May 30, 2014

Attributes of Investing in Individual Bonds vs. a Bond Fund
This article was written by Matthew Pasts, CMT, CEO of BTS Asset Management. Should an investor hold individual bonds or invest in a bond fund? Some make the case for investing in individual bonds in a rising rate environment because investors, if they hold the bond until maturity, may receive their principal back with possibly little risk of suffering losses in market value if prices fluctuate.

May 12, 2014

A Tactical Bond Fund With a Twist
The May 12, 2014 edition of Think Advisor featured an article sparked by a BTS webinar presented on May 8th. The article is entitled, A Tactical Bond Fund with a Twist by Mike Patton. With interest rates at historic lows it’s hard to find attractive yields in investment grade bonds. Moreover, the longer rates remain low, the harder these bond funds will be hit when interest rates rise. Hence, if it weren’t for stocks, portfolios would almost certainly have a difficult time posting respectable returns.

March 4, 2014

Converting to the '40 Act and a Checklist
The March 4, 2014 edition of AllAboutAlpha featured an interview with Isaac Braley, President, BTS Asset Management. Almost a year ago now, BTS Asset Management converted a hedge fund into a mutual fund. This was part of a trend. Asset Managers have discovered that the '40 Act structure can accommodate many of the strategies that have long been associated with hedge funds.

March 3, 2014

BTS Asset Management Unveils a New Logo & Redesigned Websites
Lexington, MA March 3, 2014—BTS Asset Management, a tactical fixed income investment firm, has rolled out a new logo and refreshed websites. The new logo reflects the ongoing evolution of their brand serving advisors and their clients. Both the BTS Asset Management and BTS Funds websites have been updated as well.

October 15, 2013

BTS Tactical Fixed Income Fund Now Available on Schwab’s Mutual Fund OneSource® Service
Lexington, MA October 15, 2013—BTS Asset Management announced today that the BTS Tactical Fixed Income Fund (BTFAX) is now available to investors through the Schwab Mutual FundOneSource® service. The fund has a goal to maximize total returns and seeks to deliver equity-like returns with traditional bond-like risk.

October 1, 2013

BTS Unconstrained Bond Approach Provides Investors with Flexibility in Uncertain Times
Lexington, MA October 1, 2013—In a recent semi-annual letter to shareholders, BTS Asset Management CEO Matthew Pasts shared the firm’s vision for the bond market for the remainder of 2013, 2014 and beyond as well as the strategies they will employ on behalf of their investors given the current challenging market in bonds.

July 19, 2013

BTS Asset Management Pledges $1.5 Million to Salvation Army
BTS Asset Management has made a $1.5 million pledge to The Salvation Army of Massachusetts, the largest donation the local division ever has received to fund operations, a spokesman said.

June 7, 2013

New BTS Tactical Fixed Income VIT Fund now part of Nationwide's MarketFlex
BTS Asset Management announces the launch of the BTS Tactical Fixed Income VIT Fund. The fund is offered nationally to advisors through Nationwide America’s Marketflex.

May 30, 2013

BTS Tactical Fixed Income Fund LLC Converts to Mutual Fund
BTS Asset Management announced today the conversion of the BTS Tactical Fixed Income Fund LLC from a hedge fund to a 1940 Act mutual fund. The BTS Tactical Fixed Income Fund (BTFAX, BTFCX) has a goal to maximize total return and seeks to deliver equity-like returns with traditional bond-like risk.

BTS Funds © 2014

Investors should carefully consider the investment objectives, risks, charges, and expenses of BTS Funds. This and other important information is contained within the individual Fund’s prospectus and should be read carefully before investing. The Fund prospectus can be obtained by calling 1-877-287-9820 (1-877-BTS-9820). BTS Funds are distributed by Northern Lights Distributors, LLC. Mutual Funds involve risk including possible loss of principal. BTS Asset Management, Inc. is not affiliated with Northern Lights Distributors, LLC.

There is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses.

The Funds invest in fixed income securities, derivatives on fixed income securities or other investment companies (“Underlying Funds”) that invest in fixed income securities. The value of the Funds will fluctuate with changes in interest rates. Defaults by fixed income issuers in which the Funds invest will also harm performance. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Funds, resulting in losses to the Funds. In addition, the credit quality of fixed income securities held by the Funds may be lowered if an issuer's financial condition changes. The credit risk, liquidity risk, and potential for default is heightened for lower-quality debt securities, also known as "high-yield" or "junk" bonds. The Funds may invest in obligations issued by agencies and instrumentalities of the U.S. Government. The U.S. Government may choose not to provide financial support to U.S. Government sponsored agencies or instrumentalities if it is not legally obligated to do so, in which case, if the issuer defaulted, the Funds might not be able to recover its investment.

The Funds may seek to execute an investment strategy to enhance returns or hedge against market declines by purchasing or entering into derivative contracts such as futures, options on futures, structured notes, swaps or purchasing securities whose prices are expected to move inversely to prices of the Funds’ portfolio of securities. The Funds’ use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Even a small investment in derivatives may give rise to leverage risk, and can have a significant impact on the Funds’ performance. The Funds may use credit default swaps (“CDS”) which involves investment techniques and risks different from those associated with ordinary portfolio security transactions, such as potentially heightened counterparty, concentration and exposure risks.

The Funds’ performance may depend on issues other than the performance of a particular company or U.S. market sector. The values of foreign investments may be affected by changes in exchange control regulations, application of foreign tax laws (including withholding tax) changes in governmental administration or economic or monetary policy (in this country or abroad) or changed circumstances in dealings between nations. The value of foreign securities is also affected by the value of the local currency relative to the U.S. dollar. In addition to the risks generally associated with investing in foreign securities, countries with emerging markets also may have relatively unstable governments, social and legal systems that do not protect shareholders, economies based on only a few industries, and securities markets that trade a small number of issues.

The Funds may use leverage which may exaggerate changes in a Fund’s share price and the return on their investments. Accordingly, the value of the Funds’ investments may be more volatile and all other risks, including the risk of loss of an investment, could be compounded or magnified. The use of inverse mutual funds will prevent the Funds from participating in market-wide or sector-wide gains and may not prove to be an effective hedge.

The Funds may engage in short selling activities and take short positions in derivatives, which are significantly different from the investment activities commonly associated with conservative fixed income funds. Positions in shorted securities and short positions are speculative and more risky than “long” positions (purchases) because the cost of the replacement security is unknown. Therefore, the potential loss on an uncovered short sale or short position is potentially unlimited.

Underlying Funds are subject to investment advisory and other expenses, which will be indirectly paid by the Funds. As a result, your cost of investing in the Funds will be higher than the cost of investing directly in the Underlying Funds and may be higher than other mutual funds that invest directly in stocks and bonds.