Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
2.37% -- -- 91.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 6.30% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide attractive total returns, which will include current income and capital appreciation. The Fund, under normal conditions, will invest at least 80% of its assets (including borrowings for investment purposes) in debt obligations. The Fund intends to use leverage to pursue its investment objective.
General
Security Type Unlisted Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name Future Standard
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-1.133B Peer Group Low
425.49M Peer Group High
1 Year
% Rank: --
-1.423B Peer Group Low
10.92B Peer Group High
3 Months
% Rank: --
-1.604B Peer Group Low
238.71M Peer Group High
3 Years
% Rank: --
-9.576B Peer Group Low
19.76B Peer Group High
6 Months
% Rank: --
-241.16M Peer Group Low
6.448B Peer Group High
5 Years
% Rank: --
-5.109B Peer Group Low
53.46B Peer Group High
YTD
% Rank: --
-612.38M Peer Group Low
10.72B Peer Group High
10 Years
% Rank: --
-17.59B Peer Group Low
77.83B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
1.19%
13.22%
8.24%
7.48%
-7.73%
14.18%
9.52%
6.66%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
--
7.32%
8.19%
2.58%
-8.07%
12.10%
8.32%
5.57%
--
--
15.98%
6.74%
-14.25%
21.37%
10.65%
4.32%
--
--
--
11.32%
-3.02%
12.46%
7.91%
5.52%
-0.17%
13.02%
3.14%
13.44%
-3.20%
5.09%
6.16%
4.49%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 10.05%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 86
Bond
Yield to Maturity (7-31-25) 7.95%
Effective Duration --
Average Coupon 9.21%
Calculated Average Quality 6.015
Effective Maturity 4.328
Nominal Maturity 4.328
Number of Bond Holdings 81
As of July 31, 2025

Asset Allocation

As of July 31, 2025.
Type % Net
Cash 26.44%
Stock 0.00%
Bond 83.00%
Convertible 0.00%
Preferred 0.00%
Other -9.44%
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Top 10 Holdings

Name % Weight Price % Change
USD Cash
26.44% -- --
Hexion Inc
1.70% -- --
Firmus Metal Singapore Pte Ltd FRN 12-Jun-2029
1.63% -- --
Massiv Brands LLC PIK FRN 02-Jul-2030
1.50% -- --
NEW FLYER HOLDINGS, INC. NEFLYE 9.25 07/01/2030 FIX USD Corporate 144A 1.42% 107.14 -0.08%
Shepherd Intermediate LLC FRN 10-Jul-2030
1.37% -- --
Loungers Ltd FRN 19-Feb-2031
1.37% -- --
Pretium Packaging LLC FRN 02-Oct-2028
1.35% -- --
American Auto Auction Group LLC 28-MAY-2032
1.35% -- --
By Light Professional IT Services LLC FRN 15-Jul-2031
1.32% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.82%
Administration Fee 88.60K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide attractive total returns, which will include current income and capital appreciation. The Fund, under normal conditions, will invest at least 80% of its assets (including borrowings for investment purposes) in debt obligations. The Fund intends to use leverage to pursue its investment objective.
General
Security Type Unlisted Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name Future Standard
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 10.05%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 86
Bond
Yield to Maturity (7-31-25) 7.95%
Effective Duration --
Average Coupon 9.21%
Calculated Average Quality 6.015
Effective Maturity 4.328
Nominal Maturity 4.328
Number of Bond Holdings 81
As of July 31, 2025

Fund Details

Key Dates
Inception Date --
Last Annual Report Date 10/31/2024
Last Prospectus Date 3/1/2025
Share Classes
FCREX A
FCRTX T
FCRUX Other
FCUUX Other
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund Yes
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%
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