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
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Total Market Value (Net) Beta (vs Category) (3Y) Max Drawdown (Since Inception) Fwd Dividend Yield (Long)
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Basic Info

Investment Strategy
The combination of Closed-end Bond Funds and Exchange Traded Funds allows us to structure the aggregated portfolio's total duration, yield curve positioning and credit risk. ETFs provide liquidity, while CEFs provide the risk-free enhancement of yield available through purchase of assets at below market values. The duration of the total portfolio targets the same duration as the Bloomberg Barclays Aggregate Bond Index. This product is Core Plus and holds some non-investment grade securities.
General
Security Type Separately Managed Account
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Nontraditional Bond
Category Index ICE BofA USD 3M Dep OR CM TR USD
Global Category Name Fixed Income Miscellaneous
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
Fund Owner Firm Name Richmond Capital Mgmt Inc(VA)
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Schultz 7.01 yrs
Howard Bos 7.01 yrs

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
-1.82%
13.55%
9.59%
-0.43%
-11.94%
7.78%
-1.99%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.28%
--
--
--
--
--
--
--
--
3.03%
0.80%
6.64%
5.44%
-0.37%
-7.62%
5.58%
-1.65%
8.27%
-3.83%
12.00%
-1.22%
4.80%
-9.69%
6.10%
--
1.59%
1.41%
9.17%
7.00%
3.54%
-7.77%
7.88%
--
As of April 30, 2024.

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 --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
Bond
Current Yield --
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon --
Average Credit Score Upgrade
Average Price --
As of March 31, 2024

Fund Details

Key Dates
Inception Date 6/1/2017
Last Annual Report Date 12/31/2019
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

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 3.99% Upgrade Upgrade
Stock 11.08% Upgrade Upgrade
Bond 84.91% Upgrade Upgrade
Convertible 0.02% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
iShares Core US Aggregate Bond ETF 34.07% 97.57 -0.36%
Vanguard Short-Term Corporate Bond ETF 25.24% 77.22 -0.15%
Vanguard Interm-Term Corp Bd ETF 14.53% 80.21 -0.35%
Vanguard Long-Term Treasury ETF 5.86% 58.72 -0.89%
Vanguard Long-Term Corporate Bd ETF 3.99% 77.08 -0.75%
Western Asset High Income Oppor Fd Inc 3.20% 3.82 -0.26%
Amundi USD HY Corp Bd ESG ETF Dis
2.47% -- --
Blackstone Strategic Credit Fund 2.00% 12.03 -0.50%
Western Asset Inflation-Linked Opportunities and Income Fund 1.96% 8.60 -0.23%
Alliancebernstein Glb High Inc Fund Inc 1.55% 10.61 0.28%

Fees & Availability

Fees
Negotiable Fee No
Administrative Fee --
Maximum Management Fee Upgrade
Prospectus Custodian Fee --
Trustee Fee --
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment --
Minimum Subsequent Investment --

Basic Info

Investment Strategy
The combination of Closed-end Bond Funds and Exchange Traded Funds allows us to structure the aggregated portfolio's total duration, yield curve positioning and credit risk. ETFs provide liquidity, while CEFs provide the risk-free enhancement of yield available through purchase of assets at below market values. The duration of the total portfolio targets the same duration as the Bloomberg Barclays Aggregate Bond Index. This product is Core Plus and holds some non-investment grade securities.
General
Security Type Separately Managed Account
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Nontraditional Bond
Category Index ICE BofA USD 3M Dep OR CM TR USD
Global Category Name Fixed Income Miscellaneous
YCharts Categorization Global Fixed Income
YCharts Benchmark Bloomberg Global Aggregate (^BBGATR)
Fund Owner Firm Name Richmond Capital Mgmt Inc(VA)
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Schultz 7.01 yrs
Howard Bos 7.01 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 --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
Bond
Current Yield --
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon --
Average Credit Score Upgrade
Average Price --
As of March 31, 2024

Fund Details

Key Dates
Inception Date 6/1/2017
Last Annual Report Date 12/31/2019
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

Top Portfolio Holders

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