Brigade High Income Fund Founders (BHIMX)
9.96
+0.01
(+0.10%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.53% | 932.86M | -- | 49.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 279.93M | 6.69% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to have current income, with capital appreciation as a secondary objective. The Fund seeks to achieve its objective by investing in a diversified portfolio of high yield corporate bonds and loans, also through opportunistic investments amongst various sub-strategies within corporate credit. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Brigade Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
86
-783.63M
Peer Group Low
1.384B
Peer Group High
1 Year
% Rank:
10
279.93M
-2.416B
Peer Group Low
3.509B
Peer Group High
3 Months
% Rank:
10
-1.543B
Peer Group Low
3.509B
Peer Group High
3 Years
% Rank:
10
-3.937B
Peer Group Low
12.61B
Peer Group High
6 Months
% Rank:
11
-1.828B
Peer Group Low
3.509B
Peer Group High
5 Years
% Rank:
9
-12.51B
Peer Group Low
14.99B
Peer Group High
YTD
% Rank:
9
-2.348B
Peer Group Low
4.761B
Peer Group High
10 Years
% Rank:
9
-8.499B
Peer Group Low
21.33B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of June 30, 2025.
| Type | % Net |
|---|---|
| Cash | 2.95% |
| Stock | 1.58% |
| Bond | 97.02% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.55% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| State Street US Government Money Market Fund Prem | 6.32% | 1.00 | 0.00% |
|
Team Health Holdings Inc 02-MAR-2027
|
1.16% | -- | -- |
| Akumin Inc. AKUMINC 9.0 08/01/2027 VAR USD Corporate 144A | 1.02% | -- | -- |
|
Envision Healthcare Corp
|
1.00% | -- | -- |
| Rain Carbon Inc. RAINCAR 12.25 09/01/2029 FIX USD Corporate 144A | 0.86% | 102.92 | -0.09% |
| Diversified Healthcare Trust DIVERHE 4.375 03/01/2031 FIX USD Corporate | 0.80% | 88.45 | -0.04% |
| Domtar Corporation DOMC 6.75 10/01/2028 FIX USD Corporate 144A | 0.79% | 81.45 | 0.24% |
|
Naked Juice LLC FRN 24-Jan-2029
|
0.77% | -- | -- |
|
LifeScan Inc 31-DEC-2026
|
0.76% | -- | -- |
|
Cox Media Group LLC FRN 18-Jun-2029
|
0.73% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.24% |
| Actual Management Fee | 0.33% |
| Administration Fee | 589.1K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 1.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25.00M None |
| Minimum Subsequent Investment | 25.00M None |
Basic Info
| Investment Strategy | |
| The Fund seeks to have current income, with capital appreciation as a secondary objective. The Fund seeks to achieve its objective by investing in a diversified portfolio of high yield corporate bonds and loans, also through opportunistic investments amongst various sub-strategies within corporate credit. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD High Yield |
| Peer Group | High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Funds |
| Fund Owner Firm Name | Brigade Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 8.66% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 324 |
| Bond | |
| Yield to Maturity (6-30-25) | 7.09% |
| Effective Duration | 1.95 |
| Average Coupon | 6.90% |
| Calculated Average Quality | 5.767 |
| Effective Maturity | 4.401 |
| Nominal Maturity | 5.432 |
| Number of Bond Holdings | 306 |
As of June 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 5/1/2023 |
| Last Annual Report Date | 9/30/2024 |
| Last Prospectus Date | 1/28/2025 |
| Share Classes | |
| BHIIX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BHIMX", "name") |
| Broad Asset Class: =YCI("M:BHIMX", "broad_asset_class") |
| Broad Category: =YCI("M:BHIMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BHIMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |