The Mortgage Opportunity Fund VI, LP has outperformed the Absolute Return Mortgage-backed securities index for the past 25 months since its inception in February 2003. The fund delivered a 2.85% return for March and has realized an annualized return of 24.34%.
The fund, which is based in Denver, is managed by Braddock Financial Corp. The firm was established in 1995, with a fixed-income focus and, as of the end of March, had assets of approximately $693 million.
Absolute Return's mortgage index was the highest performing of the magazine's indices, with a 0.63% return for the month of March.