Steward Covered Call Income Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.7%
1 yr return
13.8%
3 Yr Avg Return
5.6%
5 Yr Avg Return
7.7%
Net Assets
$77.2 M
Holdings in Top 10
31.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SCJCX - Profile
Distributions
- YTD Total Return 3.7%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSteward Covered Call Income Fund
-
Fund Family NameCrossmark Global Investments, Inc.
-
Inception DateDec 14, 2017
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Townsen
Fund Description
• | write (sell) call options on at least 80% of its equity securities |
• | invest at least 80% of its assets in the securities of companies included in the Fund’s benchmark* |
* | The 80% is measured as of the time of investment and is applied to the value of the Fund’s net assets plus the amount of any borrowings for investment purposes. For purposes of this limit, investments include those made directly or through other investment companies that have substantially similar 80% policies. The Fund will provide shareholders with at least 60 days’ prior notice of any change in this policy. |
SCJCX - Performance
Return Ranking - Trailing
Period | SCJCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -2.8% | 240.8% | 14.23% |
1 Yr | 13.8% | -4.3% | 140.6% | 23.91% |
3 Yr | 5.6%* | -8.3% | 18.3% | 33.33% |
5 Yr | 7.7%* | -5.0% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | SCJCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.3% | -34.1% | 904.0% | 91.44% |
2022 | -20.8% | -28.6% | 438.4% | 41.04% |
2021 | -4.0% | -93.5% | 8.2% | 65.52% |
2020 | -8.2% | -38.9% | 19.8% | N/A |
2019 | 12.5% | -10.9% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | SCJCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -2.7% | 244.0% | 15.02% |
1 Yr | 13.8% | -4.3% | 140.6% | 23.48% |
3 Yr | 5.6%* | -8.3% | 18.3% | 30.77% |
5 Yr | 7.7%* | -5.4% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SCJCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.8% | -34.1% | 904.0% | 91.44% |
2022 | -13.1% | -5.9% | 438.4% | 41.62% |
2021 | 20.5% | -81.2% | 8.2% | 76.55% |
2020 | 5.9% | -29.0% | 19.8% | N/A |
2019 | 19.6% | -10.9% | 12.8% | N/A |
NAV & Total Return History
SCJCX - Holdings
Concentration Analysis
SCJCX | Category Low | Category High | SCJCX % Rank | |
---|---|---|---|---|
Net Assets | 77.2 M | 25 | 17.4 B | 77.15% |
Number of Holdings | 182 | 2 | 508 | 19.47% |
Net Assets in Top 10 | 24.3 M | -6.66 M | 5.12 B | 88.55% |
Weighting of Top 10 | 31.13% | 11.3% | 100.0% | 70.67% |
Top 10 Holdings
- Microsoft Corporation COM USD0.00000625 5.05%
- Apple Inc. COM USD0.00001 4.51%
- NVIDIA Corp. COM USD0.001 4.42%
- Amazon.com, Inc. COM USD0.01 4.02%
- Berkshire Hathaway Inc. COM USD0.0033 CLASS'B' 2.61%
- Alphabet Inc. CAP STK USD0.001 CL A 2.46%
- Meta Platforms Inc COM USD0.000006 CL 'A' 2.45%
- Alphabet Inc. CAP USD0.001 CL C 1.98%
- Eli Lilly Co. COM NPV 1.82%
- Broadcom Inc COM USD0.001 1.82%
Asset Allocation
Weighting | Return Low | Return High | SCJCX % Rank | |
---|---|---|---|---|
Stocks | 104.17% | -3.92% | 100.76% | 43.89% |
Cash | 0.58% | -0.76% | 100.29% | 46.18% |
Preferred Stocks | 0.00% | 0.00% | 3.08% | 77.86% |
Bonds | 0.00% | 0.00% | 97.96% | 79.77% |
Convertible Bonds | -0.02% | 0.00% | 20.91% | 79.01% |
Other | -4.69% | 0.00% | 45.92% | 81.30% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SCJCX % Rank | |
---|---|---|---|---|
Technology | 21.73% | 0.00% | 44.43% | 54.20% |
Financial Services | 15.86% | 0.00% | 29.60% | 15.55% |
Consumer Cyclical | 12.16% | 0.00% | 19.02% | 14.71% |
Communication Services | 10.67% | 0.00% | 21.22% | 8.82% |
Consumer Defense | 9.48% | 0.00% | 22.87% | 17.65% |
Healthcare | 9.25% | 0.00% | 25.91% | 90.34% |
Industrials | 8.94% | 1.41% | 43.91% | 73.95% |
Utilities | 4.12% | 0.00% | 13.35% | 18.91% |
Energy | 4.01% | 0.00% | 69.54% | 84.45% |
Basic Materials | 2.26% | 0.00% | 60.58% | 88.66% |
Real Estate | 1.52% | 0.00% | 9.74% | 86.55% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SCJCX % Rank | |
---|---|---|---|---|
US | 104.17% | -3.89% | 100.00% | 27.86% |
Non US | 0.00% | -2.17% | 99.33% | 79.01% |
SCJCX - Expenses
Operational Fees
SCJCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.52% | 0.20% | 6.78% | 11.52% |
Management Fee | 0.63% | 0.20% | 1.75% | 16.79% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 97.13% |
Administrative Fee | 0.08% | 0.02% | 0.28% | 26.53% |
Sales Fees
SCJCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SCJCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 100.00% |
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.
SCJCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 456.80% | 84.82% |
SCJCX - Distributions
Dividend Yield Analysis
SCJCX | Category Low | Category High | SCJCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.76% | 80.30% |
Dividend Distribution Analysis
SCJCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
SCJCX | Category Low | Category High | SCJCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.18% | -2.54% | 14.24% | 58.20% |
Capital Gain Distribution Analysis
SCJCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.577 | OrdinaryDividend |
Sep 18, 2023 | $0.000 | OrdinaryDividend |
Jun 20, 2023 | $0.007 | OrdinaryDividend |
Mar 20, 2023 | $0.003 | OrdinaryDividend |
Sep 09, 2022 | $0.000 | OrdinaryDividend |
Jun 10, 2022 | $0.004 | OrdinaryDividend |
Mar 11, 2022 | $0.041 | OrdinaryDividend |
Sep 11, 2020 | $0.017 | OrdinaryDividend |
Jun 12, 2020 | $0.025 | OrdinaryDividend |
Sep 13, 2019 | $0.018 | OrdinaryDividend |
Mar 18, 2019 | $0.015 | OrdinaryDividend |
SCJCX - Fund Manager Analysis
Managers
Paul Townsen
Start Date
Tenure
Tenure Rank
Dec 14, 2017
4.46
4.5%
Paul Townsen began his career with Crossmark in 1993. Mr. Townsen’s responsibilities have included portfolio management, portfolio analytics, allocation maintenance, soft dollar management, and numerous other leadership positions. Mr. Townsen has been involved with equity index trading for Crossmark’s institutional clients for eighteen years. As a senior equity and derivatives trader, his years of experience bring a strong knowledge of the unique factors associated with equity index trading. Mr. Townsen also brings expertise in trading taxable and tax-exempt bonds, as he previously served as Crossmark’s head bond trader.
Ryan Caylor
Start Date
Tenure
Tenure Rank
Mar 15, 2021
1.21
1.2%
Ryan joined Crossmark in June of 2016 and currently serves as a Portfolio Manager & Head of Research. He is responsible for generating independent and differentiated fundamental research on markets, sectors, and individual companies in support of Crossmark's Portfolio Managers and Investment Teams. Prior to joining Capstone, Ryan was a sell-side Equity Research Associate at Tudor, Pickering, Holt & Co. (TPH) covering competitive power and electric utility stocks. Prior to TPH, Ryan was an Associate in the Energy Valuation Group at PricewaterhouseCoopers. Ryan graduated from Tulane University in New Orleans with an undergraduate degree in Finance, as well as Masters degrees in Accounting and Finance. He currently holds his Series 7, 63, 86, and 87 securities licenses.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 19.77 | 3.61 | 5.67 |