The BTS Tactical Fixed Income Fund Class R (BTFRX) is a mutual fund that focuses on fixed income investments. It is managed by BTS Asset Management and aims to provide investors with a tactical approach to fixed income investing. This means that the fund's managers actively adjust the fund's holdings based on market conditions and economic trends in order to maximize returns and minimize risk. The fund primarily invests in a variety of fixed income securities, such as bonds, mortgages, and other debt instruments. It is classified as a Class R fund, which typically indicates a fund with a lower expense ratio and higher minimum investment compared to other classes. Overall, the BTS Tactical Fixed Income Fund Class R offers investors a strategic and actively managed approach to fixed income investing.