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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Varsity/Monetta Intermediate Bond Fund

MIBFX |

-

$7.54 M

-

1.89%

Vitals

YTD Return

N/A

1 yr return

-3.7%

3 Yr Avg Return

-0.5%

5 Yr Avg Return

1.5%

Net Assets

$7.54 M

Holdings in Top 10

48.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.30%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Varsity/Monetta Intermediate Bond Fund

MIBFX |

-

$7.54 M

-

1.89%

MIBFX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -0.5%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.21%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Varsity/Monetta Intermediate Bond Fund
  • Fund Family Name
    Monetta
  • Inception Date
    Mar 01, 1993
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    George M. Palmer, Jr.

Fund Description

MIBFX - Performance

Return Ranking - Trailing

Period MIBFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -4.5% 12.2% N/A
1 Yr -3.7% -7.1% 8.2% N/A
3 Yr -0.5%* -2.9% 2.3% N/A
5 Yr 1.5%* -5.1% 2.2% N/A
10 Yr 3.6%* -4.8% 3.0% N/A

* Annualized

Return Ranking - Calendar

Period MIBFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.7% 2.7% N/A
2022 N/A -2.5% 8.3% N/A
2021 N/A -3.1% 11.6% N/A
2020 N/A -18.3% 0.0% N/A
2019 N/A -8.4% 12.3% N/A

Total Return Ranking - Trailing

Period MIBFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -4.5% 12.2% N/A
1 Yr -3.7% -6.2% 9.0% N/A
3 Yr -0.5%* -1.7% 5.9% N/A
5 Yr 1.5%* -2.5% 5.1% N/A
10 Yr 3.6%* -1.8% 9.1% N/A

* Annualized

Total Return Ranking - Calendar

Period MIBFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.7% 3.9% N/A
2022 N/A -2.5% 11.6% N/A
2021 N/A -3.1% 17.7% N/A
2020 N/A -16.2% 3.7% N/A
2019 N/A -8.0% 17.6% N/A

MIBFX - Holdings

Concentration Analysis

MIBFX Category Low Category High MIBFX % Rank
Net Assets 7.54 M 10.5 M 30.6 B N/A
Number of Holdings 36 11 2258 N/A
Net Assets in Top 10 3.85 M -369 M 4.19 B N/A
Weighting of Top 10 48.60% 2.4% 149.5% N/A

Top 10 Holdings

  1. Protective Life 7.375% 7.30%
  2. Torchmark 9.25% 7.04%
  3. Amer Express 7% 5.60%
  4. Reynolds Amer 144A 6.875% 4.81%
  5. Caterpillar Finl Svcs Mtns Be 7.15% 4.44%
  6. Republic Svcs 5% 4.32%
  7. United Tech 5.375% 4.07%
  8. Wellpoint 5.875% 4.00%
  9. Boeing 7.95% 3.57%
  10. Du Pont E I De Nemours 5.75% 3.46%

Asset Allocation

Weighting Return Low Return High MIBFX % Rank
Bonds 		91.03% 26.37% 172.46% N/A
Cash 		11.10% -83.29% 73.39% N/A
Stocks 		0.00% -2.89% 8.28% N/A
Preferred Stocks 		0.00% 0.00% 26.16% N/A
Convertible Bonds 		0.00% 0.00% 16.92% N/A
Other 		-2.14% -34.36% 12.11% N/A

Bond Sector Breakdown

Weighting Return Low Return High MIBFX % Rank
Corporate 		91.08% 0.00% 100.10% N/A
Cash & Equivalents 		11.10% -83.37% 73.39% N/A
Derivative 		0.00% -5.59% 69.77% N/A
Securitized 		0.00% 0.00% 115.76% N/A
Municipal 		0.00% 0.00% 21.09% N/A
Government 		-0.04% -29.13% 54.13% N/A

Bond Geographic Breakdown

Weighting Return Low Return High MIBFX % Rank
US 		91.03% 0.00% 153.23% N/A
Non US 		0.00% 0.00% 58.60% N/A

MIBFX - Expenses

Operational Fees

MIBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.00% 3.46% N/A
Management Fee 0.35% 0.00% 1.70% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

MIBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

MIBFX 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.

MIBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.30% 0.00% 1209.00% N/A

MIBFX - Distributions

Dividend Yield Analysis

MIBFX Category Low Category High MIBFX % Rank
Dividend Yield 0.00% 0.00% 2.62% N/A

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MIBFX Category Low Category High MIBFX % Rank
Net Income Ratio 2.21% 0.12% 5.67% N/A

Capital Gain Distribution Analysis

MIBFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Monthly

Distributions History

View More +

MIBFX - Fund Manager Analysis

Managers

George M. Palmer, Jr.

Start Date

Tenure

Tenure Rank

Nov 20, 2014

1.2

1.2%

Mr. George M. Palmer, Jr., Senior Vice President of Varsity Asset Management, LLC. Prior to joining the firm in 2014, Mr. Palmer was the Executive Vice-President of Orion Capital Management, Inc., the Bond Fund’s previous sub-adviser, from 2008 until 2014. He began his career in 1976 as an institutional bond salesman with Kidder Peabody & Co. Prior to joining Orion, he was employed by Fifth Third Bank of Chicago as an Investment Executive.

Anthony F. Apollaro,Jr.

Start Date

Tenure

Tenure Rank

Nov 20, 2014

1.2

1.2%

Mr. Anthony F. Apollaro, Jr., Chief Executive Officer of the Sub-Adviser, has been a portfolio manager of the Bond Fund since November 2014 and employed with the Sub-Adviser since 2012. Prior to joining Varsity in 2012, Mr. Apollaro worked as Senior Vice President and Portfolio Manager at Optimus Capital Advisors, LLC from 2007 until 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 23.51 6.16 1.33

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