Rational/Pier 88 Convertible Securities Fund A (PBXAX)
11.39
-0.03
(-0.26%)
USD |
Sep 16 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.25% | 219.26M | -- | 185.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 5.770M | 7.13% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return consisting of capital appreciation and income. The Fund, under normal conditions, invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities, which are hybrid securities that possess both fixed income and equity characteristics. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Convertibles US |
| Peer Group | Convertible Securities Funds |
| Global Macro | Bond Other |
| US Macro | Mixed-Assets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Convertible Securities Funds |
| Fund Owner Firm Name | Rational Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
47
-31.70M
Peer Group Low
591.70M
Peer Group High
1 Year
% Rank:
43
5.770M
-293.83M
Peer Group Low
4.155B
Peer Group High
3 Months
% Rank:
29
-324.00M
Peer Group Low
1.132B
Peer Group High
3 Years
% Rank:
5
-861.96M
Peer Group Low
4.904B
Peer Group High
6 Months
% Rank:
40
-144.97M
Peer Group Low
1.851B
Peer Group High
5 Years
% Rank:
5
-2.550B
Peer Group Low
4.941B
Peer Group High
YTD
% Rank:
41
-196.83M
Peer Group Low
3.096B
Peer Group High
10 Years
% Rank:
--
-2.607B
Peer Group Low
6.134B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 17, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 3.37% |
| Stock | 11.44% |
| Bond | 62.20% |
| Convertible | 0.00% |
| Preferred | 18.60% |
| Other | 4.39% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Treasury Obligations Fund X | 6.84% | 1.00 | 0.00% |
| Alliant Energy Corporation LNT 3.25 05/30/2028 FIX USD Corporate 144A | 4.73% | 101.64 | 0.00% |
| Global Payments Inc. GLP 1.5 03/01/2031 FIX USD Corporate 144A | 4.39% | 91.01 | -0.94% |
| Digital Realty Trust, L.P. DLRT-Lp 1.875 11/15/2029 FIX USD Corporate | 4.39% | 106.01 | 0.58% |
| PPL Capital Funding, Inc. PPLCAP 2.875 03/15/2028 FIX USD Corporate 144A | 4.36% | 106.39 | 0.20% |
| Bank of America Corporation BACORP 7.25 12/31/2099 FIX USD Corporate | 4.35% | 1264.85 | -0.07% |
| NextEra Energy, Inc. | 4.30% | -- | -- |
| Welltower, Inc. | 4.28% | 234.50 | 0.75% |
| WEC Energy Group, Inc. WECENE 4.375 06/01/2029 FIX USD Corporate | 4.24% | 113.50 | -0.08% |
| Uber Technologies, Inc. UBERTEC 0.875 12/01/2028 FIX USD Corporate 144A | 4.21% | 117.08 | -0.36% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.70% |
| Administration Fee | 377.00 None |
| Maximum Front Load | 4.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks total return consisting of capital appreciation and income. The Fund, under normal conditions, invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in convertible securities, which are hybrid securities that possess both fixed income and equity characteristics. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Convertibles US |
| Peer Group | Convertible Securities Funds |
| Global Macro | Bond Other |
| US Macro | Mixed-Assets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Convertible Securities Funds |
| Fund Owner Firm Name | Rational Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 4.82% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 35 |
| Stock | |
| Weighted Average PE Ratio | 43.29 |
| Weighted Average Price to Sales Ratio | 8.377 |
| Weighted Average Price to Book Ratio | 8.386 |
| Weighted Median ROE | 19.61% |
| Weighted Median ROA | 8.41% |
| Return on Investment (TTM) | 16.82% |
| Earning Yield | 0.0293 |
| LT Debt / Shareholders Equity | 0.9348 |
| Number of Equity Holdings | 12 |
| Bond | |
| Yield to Maturity (6-30-26) | -2.83% |
| Effective Duration | -- |
| Average Coupon | 1.85% |
| Calculated Average Quality | 4.062 |
| Effective Maturity | 2.401 |
| Nominal Maturity | 2.401 |
| Number of Bond Holdings | 20 |
As of June 30, 2026
Growth Metrics
| EPS Growth (1Y) | 48.30% |
| EPS Growth (3Y) | 22.33% |
| EPS Growth (5Y) | 9.68% |
| Sales Growth (1Y) | 10.14% |
| Sales Growth (3Y) | 31.09% |
| Sales Growth (5Y) | 19.62% |
| Sales per Share Growth (1Y) | 8.91% |
| Sales per Share Growth (3Y) | 26.04% |
| Operating Cash Flow - Growth Rate (3Y) | 36.69% |
As of June 30, 2026
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PBXAX", "name") |
| Broad Asset Class: =YCI("M:PBXAX", "broad_asset_class") |
| Broad Category: =YCI("M:PBXAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PBXAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |