WFP Income Fund Announces an 8.26%
Net Annualized Return through June 30, 2015
July 2, 2015, Los Angeles, California – The WFP Income Fund, managed by Wilshire Finance Partners, paid investors an 8.26% net annualized non-compounded return through June 30, 2015. The net annualized compounded return through the same period was 8.40%.
The WFP Income Fund is a short term alternative fixed income investment that seeks to protect the investor’s principal while also providing attractive risk-adjusted returns primarily through investments in loans secured by first trust deeds and mortgages within the United States.
At month end, the portfolio had a weighted average loan-to-value of approximately 59.43%; a weighted average maturity of approximately 22 months; and 0% non-performing assets. The fund had an average loan size of approximately $738,287, consisting of loans primarily secured by residential, office, retail, and warehouse properties located in the State of California.
The return obtained by the fund was on an unlevered basis and was primarily the result of interest income received on the first trust deeds and mortgages in the fund’s portfolio.
“We are pleased to announce that the WFP Income Fund continued to be a steady performer for our investors during the first half of 2015,” said Don Pelgrim, CEO of Wilshire Finance Partners. “In addition to receiving a return that exceeded the fund’s target annualized return of 7.5% to 8%, our investors enjoyed no volatility and a static Net Asset Value (NAV) during the period.”
For more information about Wilshire Finance Partners or the WFP Income Fund please call (866) 575-5070
Wilshire Finance Partners
Don Pelgrim | Owner and Chief Executive Officer
TOLL FREE: (866) 575-5070 | DIRECT: (310) 736-1370
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