Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
2.87% -- -- 91.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 6.39% 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
Equity Style --
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: --
-296.35M Peer Group Low
1.634B Peer Group High
1 Year
% Rank: --
-908.74M Peer Group Low
12.36B Peer Group High
3 Months
% Rank: --
-1.548B Peer Group Low
1.693B Peer Group High
3 Years
% Rank: --
-9.784B Peer Group Low
20.87B Peer Group High
6 Months
% Rank: --
-1.794B Peer Group Low
4.071B Peer Group High
5 Years
% Rank: --
-5.014B Peer Group Low
53.25B Peer Group High
YTD
% Rank: --
218.95M Peer Group Low
420.41M Peer Group High
10 Years
% Rank: --
-16.06B Peer Group Low
79.46B 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
2019
2020
2021
2022
2023
2024
2025
YTD
12.69%
7.71%
6.95%
-8.19%
13.51%
9.11%
6.89%
0.32%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.24%
--
--
6.04%
-14.93%
20.55%
9.32%
4.27%
0.44%
6.45%
6.43%
5.95%
0.73%
14.17%
13.59%
10.53%
0.06%
--
--
11.32%
-3.02%
12.46%
7.91%
6.11%
0.44%
--
--
--
--
10.84%
14.85%
2.08%
2.27%
As of January 16, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-14-26) 9.69%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 89
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 84
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
15.60% -- --
United States of America USGB 11/25/2025 FIX USD Government (Matured) 15.20% 100.00 0.00%
Lawn & Garden LLC FRN 21-Oct-2029
3.65% -- --
Hexion Inc Term Loan
1.54% -- --
Firmus Metal Singapore Pte Ltd FRN 12-Jun-2029
1.43% -- --
Massiv Brands LLC PIK FRN 02-Jul-2030
1.39% -- --
HMP Omnimedia LLC 30-JUL-2032 Delay Draw Term Loan
1.37% -- --
Mood Media Borrower FRN 30-May-2030
1.36% -- --
NEW FLYER HOLDINGS, INC. NEFLYE 9.25 07/01/2030 FIX USD Corporate 144A 1.30% 107.64 0.05%
Phoenix Rehabilitation And Health Services Inc FRN 29-Sep-2030
1.26% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.25%
Actual Management Fee 0.82%
Administration Fee 548.0%
Maximum Front Load 3.50%
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 2500.00 None
Minimum Subsequent Investment 100.00 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
Equity Style --
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 (1-14-26) 9.69%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 89
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 84
As of July 31, 2025

Fund Details

Key Dates
Launch Date 8/14/2018
Share Classes
FCREX A
FCRIX Inst
FCRUX Other
FCUUX Other
Attributes
Inverse Fund No
Leveraged Fund Yes
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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