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Skypoint Capital

Axonic Capital

axonic strategic income fund

Investment Objective

Seeks to maximize total return through a combination of current income and capital appreciation by investing primarily in income-producing structured credit securities.

Overview

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Axonic Capital is an SEC registered investment advisor headquartered in New York, NY, offering investment expertise across structured credit, systematic fixed income and commercial lending. Axonic provides opportunistic investment solutions from an experienced team with expertise in creating unique advantages through sourcing and asset allocation and seeks to generate consistent, lower-volatility returns by investing in differentiated, cash-flow generating assets that have risk-mitigation qualities to many underlying macro-economic factors.

Strategy

Axonic’s core principle is the fundamental analysis of cash flows of the underlying assets. We are particularly well suited to discovering medium-term duration and lower-risk sources of return. The Axonic Strategic Income Fund (“the Fund”) seeks to maximize total return, through a combination of current income and capital appreciation. The Fund’s goal is to invest primarily in income-producing instruments primarily non-agency residential mortgage-backed securities (“RMBS”), commercial mortgage-backed securities (“CMBS”), commercial real estate (“CRE”) loans, and other asset-backed securities (“ABS”). Instruments may include:

  • Mortgage-backed securities
  • Other asset-backed securities and structured credit instruments
  • Whole loans and participations in whole loans
  • Other income-producing investments

Axonic Strategic Income Fund Key Facts

Please visit Axonic for additional fund information.

Fund StructureOpen-End Mutual Fund
Asset ClassAlternatives/Structured Credit
TickerAXSIXAXSAX
CUSIP05465G10105465G200
Share ClassesClass I​Class A
Minimum Investment$25,000​$2,500​
Inception Date12/30/20197/16/2020
BenchmarkBloomberg US Aggregate Bond Index
Distribution FrequencyMonthly

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Axonic Strategic Income Fund. This and other important information about the fund is contained in the Prospectus, which can be obtained at axonicfunds.com or by calling (833) 429-6642. The Prospectus should be read carefully before investing. The Axonic Strategic Income Fund is distributed by ALPS Distributors, Inc., member FINRA/SIPC. ALPS Distributors, Inc., and Skypoint Capital Partners are not affiliated. Fund fact sheet available at axonicfunds.com.

Our Team

Axonic fosters a culture of innovative and creative thinking across all levels that has led Axonic to be an early mover and early adopter of structured credit products across the liquidity spectrum.

  • Clayton DeGiacinto

    Managing Partner
    Co-Chief Investment Officer

  • Matthew Weinstein

    Partner
    Co-Chief Investment Officer

Clayton DeGiacinto

Managing Partner
Co-Chief Investment Officer

Prior experience:

  • Tower Research Capital LLC: Mortgage investment platform head
  • Split Level LLC: Senior Portfolio Manager
  • Goldman Sachs & Co: Fixed Income, Currency, and Commodities division, mortgage trading desk head
  • U.S. Army, 25th Infantry Division (Hawaii)
  • United States Military Academy at West Point
  • Wharton School, University of Pennsylvania, M.B.A.

Prior to forming Axonic in 2010, Mr. DeGiacinto was responsible for building out the mortgage investment platform at Tower Research Capital LLC and was the Senior Portfolio Manager for Split Level LLC, the predecessor fund to the Axonic Credit Opportunities strategy. He previously led a mortgage trading desk in the Fixed Income, Currency, and Commodities division at Goldman Sachs & Co. Mr. DeGiacinto’s duties included the securitization and retention of bonds backed by adjustable rate and negatively amortizing residential mortgages. He was also responsible for running the RMBS credit book for all prime, alt-A and negatively amortizing structures. Mr. DeGiacinto served as a Captain in the U.S. Army in the 25th Infantry Division (Hawaii) after completing the U.S. Army Ranger School, Airborne School and Air Assault Course. He is a graduate of the United States Military Academy at West Point and received an MBA in Finance and Statistics from the Wharton School at the University of Pennsylvania.

Matthew Weinstein

Partner
Co-Chief Investment Officer

Prior experience:

  • Macquarie Capital: Vice President
  • Bear Stearns & Co.: Associate Director
  • New York University, M.B.A.
  • Cornell University, B.S.

Mr. Weinstein joined Axonic in 2012 and oversees the Firm’s investment team. In his role, alongside the Co-CIO, Mr. Weinstein oversees Axonic’s asset allocation, sector allocation, trading and investment management. Mr. Weinstein was responsible for the firm’s build out of its commercial mortgage-backed securities (“CMBS”) and commercial real estate equity and debt businesses, and he serves as Head of the Real Estate Investment Committee. Prior to joining the Firm, Mr. Weinstein was a Vice President at Macquarie Capital where he managed a CMBS principal investment strategy from 2010 through 2012. From 2003 to 2008, he was an Associate Director in the CMBS group at Bear Stearns & Co. Mr. Weinstein received his MBA in Finance at the New York University Stern School of Business and graduated from Cornell University with a BS in Industrial Labor Relations.