Net Lease Office Properties (NLOP) Continued its Performance in Q2

Alluvial Capital Management, an investment advisory firm, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund had a good second quarter rising 3.9% and its year-to-date return was 10.4%. However, comparable indexes sputtered. The Russell Micro-Cap Index dropped 5.3%, entering negative territory for 2024 while, The Russell 2000 Index dropped 3.3%, resulting in a 1.7% year-to-date return. In addition, you can check the fund’s top 5 holdings...