Rational/Pier 88 Convertible Securities Fund A (PBXAX)
11.20
+0.02
(+0.18%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.24% | 212.36M | -- | 114.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 56.64M | -0.67% | Upgrade | Upgrade |
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 |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| 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:
23
-63.64M
Peer Group Low
365.18M
Peer Group High
1 Year
% Rank:
12
56.64M
-175.34M
Peer Group Low
783.27M
Peer Group High
3 Months
% Rank:
33
-84.12M
Peer Group Low
758.43M
Peer Group High
3 Years
% Rank:
4
-1.143B
Peer Group Low
1.031B
Peer Group High
6 Months
% Rank:
34
-139.28M
Peer Group Low
1.008B
Peer Group High
5 Years
% Rank:
4
-2.599B
Peer Group Low
2.038B
Peer Group High
YTD
% Rank:
25
-275.06M
Peer Group Low
690.46M
Peer Group High
10 Years
% Rank:
4
-2.441B
Peer Group Low
2.732B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of August 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.92% |
| Stock | 15.83% |
| Bond | 58.69% |
| Convertible | 0.00% |
| Preferred | 20.57% |
| Other | 1.99% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Uber Technologies, Inc. UBERTEC 0.875 12/01/2028 FIX USD Corporate 144A | 5.10% | 140.04 | 0.24% |
| First American Treasury Obligations Fund X | 4.94% | 1.00 | 0.00% |
| Bank of America Corporation BACORP 7.25 12/31/2099 FIX USD Corporate | 4.87% | 1252.92 | -0.18% |
| Wells Fargo & Company WFC 7.5 12/31/2099 FIX USD Corporate | 4.79% | 1221.20 | -0.08% |
| ON Semiconductor Corporation ONNN 0.5 03/01/2029 FIX USD Corporate | 4.34% | 94.23 | -0.06% |
| Global Payments Inc. GLP 1.5 03/01/2031 FIX USD Corporate 144A | 4.09% | 89.86 | -0.03% |
| KKR Group Co. Inc. KKRGROAJ 6.25 03/01/2028 FIX USD Corporate | 4.00% | 51.52 | 1.12% |
| Digital Realty Trust, L.P. DLRT-Lp 1.875 11/15/2029 FIX USD Corporate | 3.95% | 103.73 | 0.93% |
| Welltower OP LLC WELLTOO 2.75 05/15/2028 FIX USD Corporate 144A | 3.86% | 215.86 | 0.20% |
| Ventas Realty, Limited Partnership VTR-RealtyCap 3.75 06/01/2026 FIX USD Corporate 144A | 3.85% | 147.37 | 0.25% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.63% |
| Administration Fee | 1.50K% |
| 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 |
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 |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| 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 (12-4-25) | 2.46% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 40 |
| 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% |
| ROI (TTM) | 16.82% |
| Return on Investment (TTM) | 16.82% |
| Earning Yield | 0.0293 |
| LT Debt / Shareholders Equity | 0.9348 |
| Number of Equity Holdings | 18 |
| Bond | |
| Yield to Maturity (8-31-25) | -1.74% |
| Effective Duration | -- |
| Average Coupon | 1.73% |
| Calculated Average Quality | 4.051 |
| Effective Maturity | 2.431 |
| Nominal Maturity | 2.431 |
| Number of Bond Holdings | 19 |
As of August 31, 2025
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 August 31, 2025
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. |