Camden Long Duration (US Corporate) Comp (S:0P00017VLM)
13.19
+0.34
(+2.62%)
USD |
May 31 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | Upgrade |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Camden Long Duration Strategy is an enhanced long duration fixed income strategy which seeks to generate returns that consistently exceed the Barclays Capital U.S. Long Corporate Index (or any client-directed long duration index). Camden combines a portfolio of Treasury Futures (Index Replication) with a portfolio of unlevered hedged convertible bonds and convertible preferred stocks (Excess Return Portfolio). The Treasury futures portfolio attempts to closely track the interest rate exposures of the Barclays Capital U.S. Long Corporate Index, while the hedged convertible portion is the excess return source. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Camden Asset Management, LP |
| Prospectus Benchmark Index | |
| Bloomberg US Long Corporate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Alexander Lach | 9.71 yrs |
| David Lindberg | 9.71 yrs |
| John Wagner | 9.71 yrs |
| Scott Lange | 9.71 yrs |
Annual Total Returns Versus Peers
As of May 31, 2024.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Dominion Energy Inc Unit
|
4.38% | -- | -- |
|
Sempra Energy 6% PRF CONVERT 15/01/2021 USD 100
|
3.80% | -- | -- |
|
Microchip Technology Incorporated 1.62%
|
3.70% | -- | -- |
|
DTE Energy Co Unit
|
3.15% | -- | -- |
|
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-
|
2.94% | -- | -- |
|
Molina Healthcare, Inc. 1.12%
|
2.80% | -- | -- |
|
Centerpoint Energy Inc
|
2.67% | -- | -- |
|
Fortive Corp Class A
|
2.59% | -- | -- |
|
AXA 7.25%
|
2.55% | -- | -- |
|
Integrated Device Technology Inc 0.88%
|
2.45% | -- | -- |
Fees & Availability
| Fees | |
| Negotiable Fee | No |
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| The Camden Long Duration Strategy is an enhanced long duration fixed income strategy which seeks to generate returns that consistently exceed the Barclays Capital U.S. Long Corporate Index (or any client-directed long duration index). Camden combines a portfolio of Treasury Futures (Index Replication) with a portfolio of unlevered hedged convertible bonds and convertible preferred stocks (Excess Return Portfolio). The Treasury futures portfolio attempts to closely track the interest rate exposures of the Barclays Capital U.S. Long Corporate Index, while the hedged convertible portion is the excess return source. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Camden Asset Management, LP |
| Prospectus Benchmark Index | |
| Bloomberg US Long Corporate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Alexander Lach | 9.71 yrs |
| David Lindberg | 9.71 yrs |
| John Wagner | 9.71 yrs |
| Scott Lange | 9.71 yrs |
Fundamentals
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | -- |
| Weighted Median ROA | -- |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
| Bond | |
| Current Yield | 2.08% |
| Yield to Maturity | Upgrade |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | -- |
| Average Price | -- |
As of September 30, 2018
Fund Details
| Key Dates | |
| Inception Date | 9/17/2014 |
| Last Annual Report Date | 12/31/2023 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |