Core Insights - Intermediate duration bond funds have performed well this year, with many funds increasing by over 6% [1] - Active ETFs have outperformed in some cases, indicating a strong market for these investment vehicles [1] - Binary Tree Analytics (BTA) focuses on providing transparency and analytics for capital markets instruments, particularly in closed-end funds (CEFs), exchange-traded funds (ETFs), and special situations [1] Company Focus - BTA has a background in investment banking cash and derivatives trading, which informs its analytical approach [1] - The company aims to deliver high annualized returns while maintaining a low volatility profile [1] - BTA has over 20 years of investment experience, supported by a finance major from a top university [1]