Here’s Why LVS Advisory Exited Mastercard Incorporated (MA)

LVS Advisory, a New York City-based full-service investment firm, recently released its second-quarter 2023 investor letter. A copy of the same can be downloaded here. The defensive portfolio of the fund gained 2.5% (net of all fees and expenses) for the six months ended 2023 compared to a 5.1% gain for its benchmark High-Yield Bond Index. On the other hand, its Growth Portfolio gained 10.7% year to date compared to 16.9% for its benchmark, S&P 500 Total Return Index. For more information...