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THOPX Thompson Bond

  • Fund
  • THOPX
  • Price as of: Dec 02, 2016
  • $11.23
  • - $0.00
  • - 0.00%
  • Category
  • Corporate Bonds

THOPX - Profile

Vitals

  • YTD Return 5.9%
  • 3 Yr Annualized Return 2.6%
  • 5 Yr Annualized Return 3.9%
  • Net Assets $2.02 B
  • Holdings in Top 10 24.5%

52 WEEK LOW AND HIGH

$11.23
$10.18
$11.29

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$250

Investment Themes

CATEGORY

Corporate Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.98%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Thompson Bond Fund
  • Fund Family Name Thompson IM Funds Inc
  • Inception Date Feb 10, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jason L. Stephens

Fund Description

The Thompson Bond Fund (THOPX) is an actively managed fund that focuses on current income and high total returns. The fund is considered a multisector bond fund and can hold a variety of IOUs that are payable in U.S. dollars. These include investment-grade corporate debt, U.S. Treasury securities and agency debt, foreign bonds and other debt securities. The fund may also hold below-investment-grade bonds.

With its low costs and rather large potential bond pool, THOPX makes for an ideal core fixed-income fund. The fund is managed by Thompson IM Funds.

THOPX - Performance

Return Ranking - Trailing

Period THOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.9% -70.8% 361.8% 10.65% 1
1 Yr 6.8% -4.1% 15.5% 41.38% 3
3 Yr 2.6% * -4.1% 9.2% 72.29% 4
5 Yr 3.9% * 0.1% 8.4% 66.36% 4
10 Yr 5.7% * 2.4% 8.9% 36.26% 2

* Annualized


Return Ranking - Calendar

Period THOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -7.0% -18.3% 0.0% 55.94% 4
2014 -2.9% -10.0% 12.3% 64.54% 5
2013 -1.0% -24.8% 5.0% 20.36% 2
2012 5.5% -5.4% 10.0% 35.94% 3
2011 -0.9% -7.1% 11.6% 48.09% 4

Total Return Ranking - Trailing

Period THOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.6% -70.8% 395.2% 8.37% 1
1 Yr 6.8% -5.7% 17.6% 32.18% 2
3 Yr 2.6% * -4.1% 9.2% 66.27% 4
5 Yr 3.9% * 0.1% 8.4% 58.53% 3
10 Yr 5.7% * 2.2% 8.9% 33.33% 2

* Annualized


Total Return Ranking - Calendar

Period THOPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.0% -12.2% 4.0% 34.35% 2
2014 1.1% -8.0% 27.7% 52.19% 4
2013 3.2% -11.2% 9.2% 14.48% 1
2012 11.4% -5.4% 37.6% 19.79% 1
2011 3.9% -5.0% 57.1% 25.14% 2

NAV & Total Return History

THOPX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

THOPX Category Low Category High THOPX % Rank Quintile
Net Assets 2.02 B 6.64 M 28.3 B 5.32% 2
Number of Holdings 291 4 2199 13.69% 3
Net Assets in Top 10 484 M -2.9 M 3.33 B 3.42% 1
Weighting of Top 10 24.5% 3.1% 324.1% 14.45% 2

Top 10 Holdings

  1. Gfi Grp 8.375% 3.64%
  2. Jpmorgan Chase FRN 1.90%
  3. Xl Grp FRN 3.24%
  4. Jabil Circuit 8.25% 2.17%
  5. Fifth Third Bancorp FRN 1.97%
  6. Mbia 6.4% 3.80%
  7. Citigroup Fdg Inc Med Term Sr FRN 1.77%
  8. Regency Engy Partners 6.5% 2.38%
  9. Sesi 7.125% 1.89%
  10. Hrpt Pptys Tr 6.65% 1.75%

Asset Allocation

Weighting Category Low Category High THOPX % Rank Quintile
Bonds
85.79% 44.25% 158.08% 25.86% 4
Preferred Stocks
7.61% 0.00% 34.98% 1.52% 1
Cash
6.23% -59.36% 54.96% 11.79% 2
Convertible Bonds
0.37% 0.00% 29.21% 10.27% 2
Other
0.00% -26.34% 26.68% 17.11% 4
Stocks
0.00% -4.31% 17.48% 9.51% 2

Bond Sector Breakdown

Weighting Category Low Category High THOPX % Rank Quintile
Corporate
78.84% 4.19% 101.76% 20.53% 4
Securitized
10.79% 0.00% 111.07% 7.22% 1
Cash & Equivalents
6.23% -60.18% 54.96% 10.65% 2
Municipal
3.13% 0.00% 14.53% 4.56% 1
Government
1.00% -13.09% 43.38% 24.33% 4
Derivative
0.00% -22.49% 2.28% 2.28% 1

Bond Geographic Breakdown

Weighting Category Low Category High THOPX % Rank Quintile
US
68.68% 0.00% 144.58% 26.24% 4
Non US
17.11% -40.06% 69.37% 15.59% 3

THOPX - Expenses

Operational Fees

THOPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.71% 0.00% 4.40% 38.02% 2
Management Fee 0.60% 0.00% 1.70% 3.80% 4
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.01% 0.40% 3.52% 4

Sales Fees

THOPX Fees (% of AUM) Category Low Category High THOPX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.50% N/A N/A

Trading Fees

THOPX Fees (% of AUM) Category Low Category High THOPX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

THOPX Fees (% of AUM) Category Low Category High THOPX Rank Quintile
Turnover 29.00% 0.00% 1789.00% 27.38% 1

THOPX - Distributions

Dividend Yield Analysis

THOPX Category Low Category High THOPX % Rank Quintile
Dividend Yield 0.4% 0.05% 2.25% 17.86% 2

Dividend Distribution Analysis

THOPX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

THOPX Category Low Category High THOPX % Rank Quintile
Net Income Ratio 3.98% 0.08% 5.89% 15.97% 1

Capital Gain Distribution Analysis

THOPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

THOPX - Managers

Jason L. Stephens

Manager

Start Date

Feb 02, 2009

Tenure

7.75

Tenure Rank

5.5%

Jason L. Stephens has served as a Director of Thompson IM Funds, Inc. since 2011 and as its Chief Executive Officer and as Chief Executive Officer of TIM since March 2015. Mr. Stephens has been a Portfolio Manager at TIM since 2007 and a Principal of TIM since 2010. Previously, he served as Vice President of Thompson IM Funds, Inc. and as the Chief Operating Officer of TIM from 2009 to March 2015. He also served as the Secretary of Thompson IM Funds, Inc. from 2005 to 2010 and as a research analyst at TIM from 2004 to 2007. He has worked in various capacities for TIM and Thompson, Plumb & Associates, Inc. since 2002. Mr. Stephens received a B.S. in English and Communication Arts, a M.A. in Arts Administration and a M.S. in Finance, each from the University of Wisconsin-Madison. He is a CFA charterholder.


John W. Thompson

Manager

Start Date

Feb 10, 1992

Tenure

24.74

Tenure Rank

0.1%

John W. Thompson has served as President of Thompson IM Funds, Inc. since 2009 and as a Director of the Funds since 1987. He also served as its Chief Executive Officer from 2005 to March 2015. He has been the President of TIM since 2004 and its Chairman since March 2015. Until January 2004, Mr. Thompson was President and Treasurer of Thompson, Plumb & Associates, Inc. Mr. Thompson has a B.S. degree from the University of Wisconsin and a M.B.A. from the Wharton School at the University of Pennsylvania. He is a CFA charterholder.


James T. Evans

Manager

Start Date

Feb 02, 2009

Tenure

7.75

Tenure Rank

5.5%

James T. Evans, a Vice President of Thompson IM Funds, Inc., is the Chief Investment Officer and a Portfolio Manager at TIM. He has been a Principal of TIM since 2010. Previously, he was a Research Analyst at TIM from March 2005 to June 2008. Prior to joining TIM, he was a Managing Director for Nakoma Capital Management in Madison, Wisconsin, which he joined in July 2000. Mr. Evans graduated summa cum laude from Macalester College with a Bachelor of Arts degree in Economics and Computer Science. He also earned a M.B.A. in Finance and Accounting and a M.S. in Finance from the University of Wisconsin-Madison. Mr. Evans completed the Applied Security Analysis Program at the University of Wisconsin-Madison Business School. He is a CFA charterholder.


Tenure Analysis

Category Low

0.0

Category High

24.7

Category Average

5.31

Category Mode

4.8