DG Value’s Losses Grow As Volatility Continues

DG Value Partners’ flagship value fund returned -10.10% net for the month of June, bringing its 2022 year-to-date return to -23.89% net. Meanwhile, DG’s Concentrated strategy returned -15.51% net for the month of June, bringing its year-to-date return to -36.52% net. In its monthly report, DG notes that June capped off the worst month for stock in over 50 years, with both debt and equity markets suffering. According to research from Bank of America, investor confidence has fallen to the lowest point since it began surveying investors in 1994. Depressed investor sentiment, and growing economic headwinds have “led to declines…