FLRT: Pacific Global Senior Loan ETF - MutualFunds.com
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Pacific Global Senior Loan ETF

FLRT - Snapshot

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return 3.7%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $31.7 M
  • Holdings in Top 10 15.9%

52 WEEK LOW AND HIGH

$48.81
$45.49
$49.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.06%

SALES FEES

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

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Exchange Traded Fund
  • Investment Style Bank Loan

Compare FLRT to Popular Bank Loan Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$9.41

0.00%

$8.15 B

3.34%

$0.31

1.62%

0.73%

$10.53

+0.10%

$6.67 B

4.15%

$0.44

1.06%

1.35%

$22.15

0.00%

$6.57 B

3.24%

$0.72

-0.58%

0.65%

$8.78

0.00%

$6.47 B

3.42%

$0.30

0.69%

0.82%

$8.39

+0.12%

$6.14 B

4.15%

$0.35

1.08%

0.60%

FLRT - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.98%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Pacific Global Senior Loan ETF
  • Fund Family Name
    Pacific Global
  • Inception Date
    Feb 18, 2015
  • Shares Outstanding
    650000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    C. Robert Boyd

Fund Description

The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing senior floating rate loans. Under normal circumstances, it will invest at least 80% of its net assets (plus any borrowings for investment purposes) in senior floating rate loans. The fund is expected to invest primarily in loans and other securities that are rated below investment grade (i.e., high yield securities, sometimes called "junk bonds" or non-investment grade securities) or, if unrated, of comparable quality as determined by the Sub-Adviser.


FLRT - Performance

Return Ranking - Trailing

Period FLRT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -1.3% 9.0% 96.62%
1 Yr 11.0% 4.2% 74.3% 91.64%
3 Yr 3.7%* -1.3% 5.9% 19.57%
5 Yr 3.7%* 1.5% 8.7% 60.98%
10 Yr N/A* 1.6% 6.3% N/A

* Annualized

Return Ranking - Calendar

Period FLRT Return Category Return Low Category Return High Rank in Category (%)
2020 -0.9% -16.5% 289.8% 12.41%
2019 4.8% -8.1% 7.5% 2.91%
2018 -4.8% -12.2% 5.5% 50.00%
2017 -1.5% -4.2% 3.7% 88.61%
2016 6.1% -65.0% 12.9% 26.46%

Total Return Ranking - Trailing

Period FLRT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -1.3% 9.0% 96.62%
1 Yr 11.0% 1.1% 74.3% 83.28%
3 Yr 3.7%* -1.6% 5.9% 17.44%
5 Yr 3.7%* 1.5% 8.7% 54.92%
10 Yr N/A* 1.6% 6.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FLRT Return Category Return Low Category Return High Rank in Category (%)
2020 -0.9% -16.5% 289.8% 12.41%
2019 4.8% -8.1% 7.5% 2.91%
2018 -4.8% -12.2% 5.5% 59.92%
2017 -1.5% -4.2% 7.2% 90.72%
2016 6.1% -65.0% 12.9% 34.53%

FLRT - Holdings

Concentration Analysis

FLRT Category Low Category High FLRT % Rank
Net Assets 31.7 M 10 M 8.15 B 98.93%
Number of Holdings 91 13 1246 94.65%
Net Assets in Top 10 5.06 M -161 M 1.85 B 96.99%
Weighting of Top 10 15.94% 6.2% 94.3% 48.99%

Top 10 Holdings

  1. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  2. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  3. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  4. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  5. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  6. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  7. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  8. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  9. Intelsat Jackson T/L B 8% 11/30/2023 1.77%
  10. Intelsat Jackson T/L B 8% 11/30/2023 1.77%

Asset Allocation

Weighting Return Low Return High FLRT % Rank
Bonds
97.03% 30.80% 146.63% 17.73%
Cash
2.99% -46.68% 55.70% 75.25%
Stocks
0.00% 0.00% 7.86% 81.94%
Preferred Stocks
0.00% 0.00% 24.21% 38.80%
Convertible Bonds
0.00% 0.00% 5.44% 62.54%
Other
-0.03% -51.39% 11.86% 94.98%

Bond Sector Breakdown

Weighting Return Low Return High FLRT % Rank
Corporate
96.93% 0.00% 100.00% 13.42%
Cash & Equivalents
2.99% 0.00% 58.10% 80.54%
Securitized
0.08% 0.00% 100.00% 44.97%
Derivative
0.00% 0.00% 6.73% 23.49%
Municipal
0.00% 0.00% 0.56% 20.13%
Government
0.00% 0.00% 46.71% 27.85%

Bond Geographic Breakdown

Weighting Return Low Return High FLRT % Rank
US
87.61% 4.40% 146.63% 17.73%
Non US
9.42% 0.00% 96.26% 73.58%

FLRT - Expenses

Operational Fees

FLRT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.06% 0.01% 27.10% 57.73%
Management Fee 0.68% 0.00% 2.40% 72.82%
12b-1 Fee 0.00% 0.00% 1.00% 3.38%
Administrative Fee 0.03% 0.03% 0.40% 0.88%

Sales Fees

FLRT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

FLRT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

FLRT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 412.00% 40.49%

FLRT - Distributions

Dividend Yield Analysis

FLRT Category Low Category High FLRT % Rank
Dividend Yield 0.23% 0.00% 3.70% 8.61%

Dividend Distribution Analysis

FLRT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FLRT Category Low Category High FLRT % Rank
Net Income Ratio 3.98% 1.29% 10.93% 69.86%

Capital Gain Distribution Analysis

FLRT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FLRT - Fund Manager Analysis

Managers

C. Robert Boyd


Start Date

Tenure

Tenure Rank

Feb 18, 2015

6.2

6.2%

Mr. Boyd is Managing Director of Pacific Asset Management since 2012 and portfolio manager of Pacific Asset Management since 2014. Mr. Boyd is a member of the high yield portfolio management team and provides research and analysis of investments in the gaming, aerospace, services and other cyclical sectors. Prior to joining Pacific Asset Management, he was a vice president, credit analyst and bank loan portfolio manager at PIMCO since 1998. Mr. Boyd has a BA from California State University, Long Beach and an MBA from the University of Southern California.

Michael Marzouk


Start Date

Tenure

Tenure Rank

Feb 29, 2016

5.17

5.2%

Michael is a Managing Director for Pacific Asset Management. Michael is a Portfolio Manager for the Corporate (Bank) Loan Strategy and CLO Strategy, along with Strategies that incorporate bank loan instruments. Michael joined the firm in 2007 and became a full portfolio manager on the Strategy in 2010. Prior to joining Pacific Asset Management in 2007, Michael worked in investment banking most recently as Vice President in the Leveraged Finance Group at Royal Bank of Scotland. During his tenure in investment banking, Michael’s experience included leveraged buy-outs and merger and acquisitions advisory work. He received his B.A. summa cum laude in Business-Economics from UCLA and his MBA from the Anderson School of Management at UCLA. Michael is a CFA Charterholder and member of the CFA Society of Los Angeles.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.52 5.77 2.17