William Blair Low Duration Inst
Name
As of 04/13/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.1%
1 yr return
-1.3%
3 Yr Avg Return
1.2%
5 Yr Avg Return
1.4%
Net Assets
$40.5 M
Holdings in Top 10
27.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 210.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/13/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WBLJX - Profile
Distributions
- YTD Total Return -1.1%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.54%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWilliam Blair Ultra-Short Duration Bond Fund
-
Fund Family NameWilliam Blair
-
Inception DateDec 01, 2009
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKathleen Lynch
Fund Description
WBLJX - Performance
Return Ranking - Trailing
Period | WBLJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.1% | -4.5% | 0.2% | 61.83% |
1 Yr | -1.3% | -4.9% | 0.8% | 79.75% |
3 Yr | 1.2%* | -1.0% | 2.7% | 19.73% |
5 Yr | 1.4%* | -0.7% | 3.0% | 43.69% |
10 Yr | 1.2%* | -0.5% | 3.0% | 33.85% |
* Annualized
Return Ranking - Calendar
Period | WBLJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.4% | -2.5% | 48.5% | 99.14% |
2022 | -0.5% | -50.6% | 1.8% | 87.00% |
2021 | -0.2% | -1.2% | 10.6% | 95.22% |
2020 | -2.4% | -19.3% | 0.4% | 95.11% |
2019 | -1.8% | -3.2% | 100.0% | 96.39% |
Total Return Ranking - Trailing
Period | WBLJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.1% | -3.8% | 100.6% | 58.51% |
1 Yr | -1.3% | -8.9% | 0.8% | 73.84% |
3 Yr | 1.2%* | -2.7% | 2.7% | 18.39% |
5 Yr | 1.4%* | -1.9% | 3.0% | 42.23% |
10 Yr | 1.2%* | -1.0% | 3.0% | 32.31% |
* Annualized
Total Return Ranking - Calendar
Period | WBLJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.4% | -2.5% | 48.5% | 99.14% |
2022 | -0.5% | -50.6% | 1.8% | 87.00% |
2021 | -0.2% | -1.2% | 10.6% | 94.74% |
2020 | -2.4% | -19.3% | 2.0% | 95.11% |
2019 | -1.8% | -3.2% | 100.0% | 96.39% |
NAV & Total Return History
WBLJX - Holdings
Concentration Analysis
WBLJX | Category Low | Category High | WBLJX % Rank | |
---|---|---|---|---|
Net Assets | 40.5 M | 24.5 K | 19 B | 90.91% |
Number of Holdings | 35 | 1 | 3344 | 89.63% |
Net Assets in Top 10 | 15 M | -4.22 B | 12.2 B | 77.18% |
Weighting of Top 10 | 27.21% | 0.0% | 100.0% | 31.22% |
Top 10 Holdings
- Federal National Mortgage Association 4% 9.84%
- Federal National Mortgage Association 4% 9.82%
- Federal National Mortgage Association 2.5% 9.59%
- Federal National Mortgage Association 4% 9.04%
- Federal National Mortgage Association 4% 9.00%
- Federal National Mortgage Association 4% 8.96%
- Federal National Mortgage Association 2.5% 8.86%
- Federal National Mortgage Association 2.5% 8.77%
- Federal National Mortgage Association 2.5% 8.26%
- Federal National Mortgage Association 2.5% 8.16%
Asset Allocation
Weighting | Return Low | Return High | WBLJX % Rank | |
---|---|---|---|---|
Cash | 66.50% | -12.36% | 100.00% | 4.98% |
Bonds | 33.50% | 0.00% | 107.79% | 92.95% |
Stocks | 0.00% | 0.00% | 11.85% | 39.00% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 30.71% |
Other | 0.00% | -1.83% | 41.00% | 38.59% |
Convertible Bonds | 0.00% | 0.00% | 15.13% | 81.74% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WBLJX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 67.03% | 0.00% | 100.00% | 4.98% |
Securitized | 26.24% | 0.00% | 100.00% | 48.96% |
Government | 6.74% | 0.00% | 100.00% | 31.12% |
Derivative | 0.00% | 0.00% | 18.59% | 40.66% |
Corporate | 0.00% | 0.00% | 100.00% | 89.63% |
Municipal | 0.00% | 0.00% | 85.60% | 64.32% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WBLJX % Rank | |
---|---|---|---|---|
US | 33.50% | 0.00% | 100.00% | 84.65% |
Non US | 0.00% | 0.00% | 77.68% | 87.55% |
WBLJX - Expenses
Operational Fees
WBLJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | 0.03% | 4.12% | 53.56% |
Management Fee | 0.30% | 0.00% | 1.19% | 67.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
WBLJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
WBLJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
WBLJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 210.00% | 0.00% | 369.54% | 96.23% |
WBLJX - Distributions
Dividend Yield Analysis
WBLJX | Category Low | Category High | WBLJX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.91% | 0.00% | 0.19% | 33.88% |
Dividend Distribution Analysis
WBLJX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
WBLJX | Category Low | Category High | WBLJX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.54% | -1.30% | 14.86% | 51.90% |
Capital Gain Distribution Analysis
WBLJX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.029 | |
Feb 28, 2019 | $0.028 | |
Jan 31, 2019 | $0.028 | |
Dec 31, 2018 | $0.028 | |
Nov 30, 2018 | $0.030 | |
Oct 31, 2018 | $0.027 | |
Aug 31, 2018 | $0.029 | |
Jul 31, 2018 | $0.026 | |
Jun 29, 2018 | $0.027 | |
May 31, 2018 | $0.026 | |
Apr 30, 2018 | $0.025 | |
Mar 29, 2018 | $0.025 | |
Feb 28, 2018 | $0.023 | |
Jan 31, 2018 | $0.022 | |
Dec 29, 2017 | $0.023 | |
Nov 30, 2017 | $0.022 | |
Oct 31, 2017 | $0.021 | |
Sep 29, 2017 | $0.022 | |
Aug 31, 2017 | $0.021 | |
Jul 31, 2017 | $0.019 | |
Jun 30, 2017 | $0.021 | |
May 31, 2017 | $0.020 | |
Apr 28, 2017 | $0.019 | |
Mar 31, 2017 | $0.021 | |
Feb 28, 2017 | $0.019 | |
Jan 31, 2017 | $0.018 | |
Dec 30, 2016 | $0.018 | |
Nov 30, 2016 | $0.017 | |
Oct 31, 2016 | $0.016 | |
Sep 30, 2016 | $0.018 | |
Aug 31, 2016 | $0.018 | |
Jul 29, 2016 | $0.020 | |
Jun 30, 2016 | $0.020 | |
May 31, 2016 | $0.019 | |
Apr 29, 2016 | $0.021 | |
Mar 31, 2016 | $0.019 | |
Feb 29, 2016 | $0.018 | |
Jan 29, 2016 | $0.016 | |
Dec 31, 2015 | $0.019 | |
Nov 30, 2015 | $0.017 | |
Oct 30, 2015 | $0.020 | |
Sep 30, 2015 | $0.020 | |
Aug 31, 2015 | $0.019 | |
Jul 31, 2015 | $0.022 | |
Jun 30, 2015 | $0.021 | |
May 29, 2015 | $0.021 | |
Apr 30, 2015 | $0.022 | |
Mar 31, 2015 | $0.021 | |
Feb 27, 2015 | $0.020 | |
Jan 30, 2015 | $0.021 | |
Dec 31, 2014 | $0.021 | |
Nov 28, 2014 | $0.021 | |
Oct 31, 2014 | $0.024 | |
Sep 30, 2014 | $0.022 | |
Aug 29, 2014 | $0.023 | |
Jul 31, 2014 | $0.022 | |
Jun 30, 2014 | $0.022 | |
May 30, 2014 | $0.025 | |
Apr 30, 2014 | $0.025 | |
Mar 31, 2014 | $0.024 | |
Feb 28, 2014 | $0.026 | |
Jan 31, 2014 | $0.027 | |
Dec 31, 2013 | $0.025 | |
Nov 29, 2013 | $0.026 | |
Oct 31, 2013 | $0.025 | |
Sep 30, 2013 | $0.023 | |
Aug 30, 2013 | $0.026 | |
Jul 31, 2013 | $0.023 | |
Jun 28, 2013 | $0.021 | |
May 31, 2013 | $0.024 | |
Apr 30, 2013 | $0.024 | |
Mar 28, 2013 | $0.023 | |
Feb 28, 2013 | $0.022 | |
Jan 31, 2013 | $0.023 | |
Dec 27, 2012 | $0.021 | |
Nov 28, 2012 | $0.023 | |
Oct 31, 2012 | $0.027 | |
Sep 26, 2012 | $0.022 | |
Aug 29, 2012 | $0.024 | |
Jul 27, 2012 | $0.025 | |
Jun 27, 2012 | $0.024 | |
May 29, 2012 | $0.028 | |
Apr 26, 2012 | $0.024 | |
Mar 28, 2012 | $0.024 | |
Feb 27, 2012 | $0.025 | |
Jan 27, 2012 | $0.026 | |
Dec 28, 2011 | $0.025 | |
Nov 28, 2011 | $0.026 | |
Oct 27, 2011 | $0.023 | |
Sep 28, 2011 | $0.023 | |
Aug 29, 2011 | $0.023 | |
Jul 27, 2011 | $0.022 | |
Jun 28, 2011 | $0.026 | |
May 26, 2011 | $0.023 | |
Apr 27, 2011 | $0.022 | |
Mar 29, 2011 | $0.025 | |
Feb 24, 2011 | $0.022 | |
Jan 27, 2011 | $0.019 | |
Dec 30, 2010 | $0.023 | |
Nov 25, 2010 | $0.020 | |
Oct 27, 2010 | $0.020 | |
Sep 28, 2010 | $0.010 | |
Sep 17, 2010 | $0.023 | |
Aug 18, 2010 | $0.022 | |
Jul 19, 2010 | $0.019 | |
Jun 17, 2010 | $0.018 | |
May 19, 2010 | $0.021 | |
Apr 19, 2010 | $0.016 | |
Mar 17, 2010 | $0.018 | |
Feb 18, 2010 | $0.020 | |
Jan 20, 2010 | $0.010 | |
Dec 30, 2009 | $0.012 |
WBLJX - Fund Manager Analysis
Managers
Kathleen Lynch
Start Date
Tenure
Tenure Rank
May 01, 2020
1.92
1.9%
Kathy Lynch, CFA, is a portfolio manager for William Blair’s Low Duration Fixed Income strategy. Before that, Kathy was a tax-exempt trader and portfolio manager. She was the lead portfolio manager for the William Blair Ready Reserves Fund from December 2008 through November 2015, and also served as the credit analyst for the William Blair Ready Reserves Fund. Before joining William Blair in 1999, Kathy was a middle-market fixed-income associate at Citigroup, where she was responsible for facilitating trades in taxable and tax-exempt fixed-income securities. Kathy is a member of the CFA Institute and the CFA Society Chicago. She received a B.S. in business administration from the University of Dayton.
Vesta Marks
Start Date
Tenure
Tenure Rank
Jul 12, 2021
0.72
0.7%
Vesta Marks, CFA, an Associate of William Blair Investment Management, LLC, most recently was a portfolio manager and Managing Director of Fixed Income and Risk Management at Tortoise Capital Advisors. Before joining Tortoise in 2019, he served as Executive Director and Portfolio Manager at Palmer Square Capital Management LLC from 2015 to 2018. Prior to Palmer Square, Vesta was a Portfolio Manager at Semper Capital Management from 2007 to 2014. Vesta joined Semper Capital Management in 2003. Mr. Vesta is a member of the CFA Institute. He is also a member of the Chartered Alternative Investment Analyst Association. Education: Bachelor of Science degree in mathematics from the Massachusetts Institute of Technology (MIT). Vesta has many years of experience in the financial services industry, primarily focused on the analysis and portfolio management of securitized debt instruments. Vesta has primary responsibility for asset-backed and commercial mortgage-backed analysis and trading as well as responsibility for analysis and trading of short duration securities, non-agenc and agency RMBS. He also served as a portfolio analyst at Earnest Partners, modeling and analyzing portfolios of small business loans, GNMA project loans and RMBS. In addition, he formerly worked as a sell-side analyst at Independent Banker's Bank of Florida, where he analyzed banks' securities portfolios, worked with ALM committees, and assessed the valuation and risks of loan portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.27 | 5.99 | 4.0 |