Middle Coast Investing, an investment advisor firm, released its second-quarter investor letter. It was a good and active quarter for the firm. The portfolio's price to earnings for the trailing 12 months (TTM) was 20.8. Cash and equivalents accounted for 13.4% of the portfolio at the end of the quarter, with an estimated average yield of 3.9%. This compares to 14.7% of the portfolio and a 3.9% yield at the end of Q1. In addition, please check the fund’s top five holdings to know its best picks in 2024.
A copy of Middle Coast Investing’s Q2 2024 investor letter can be downloaded here.Create a free account, or log in to read the full article
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