Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

ACASX Access Capital Community Investment A

  • Fund
  • ACASX
  • Price as of: Jul 15, 2019
  • $8.94 - $0.00 - 0.00%
  • Category
  • Government Bonds

ACASX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return -0.8%
  • Net Assets $596 M
  • Holdings in Top 10 8.3%

52 WEEK LOW AND HIGH

$8.94
$8.51
$8.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.20%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$250

Investment Themes

CATEGORY

Government Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return -0.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.10%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Access Capital Community Investment Fund
  • Fund Family Name RBC Global Asset Management.
  • Inception Date Jan 29, 2009
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Brian Svendahl

Fund Description

The fund invests primarily in high quality debt securities and other debt instruments supporting affordable housing and community development and servicing low- and moderate-income ("LMI") individuals and communities in areas of the United States designated by fund shareholders. It seeks a return consisting of current income and capital appreciation that is competitive relative to the fund's benchmark index. The fund is non-diversified.

ACASX - Performance

Return Ranking - Trailing

Period ACASX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -0.5% 15.2% 46.45%
1 Yr 2.8% -80.0% 10.6% 46.35%
3 Yr -1.1%* -41.5% 2.0% 75.18%
5 Yr -0.8%* -27.5% 3.0% 75.09%
10 Yr -0.8%* -14.9% 6.1% 85.39%

* Annualized


Return Ranking - Calendar

Period ACASX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.8% -80.0% 0.1% 74.82%
2017 -1.0% -2.9% 10.1% 71.17%
2016 -1.2% -9.3% 2.5% 58.76%
2015 -2.0% -46.1% 0.2% 67.52%
2014 2.0% -88.9% 41.3% 49.63%

Total Return Ranking - Trailing

Period ACASX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -0.5% 15.2% 47.87%
1 Yr 2.8% -80.0% 10.6% 51.82%
3 Yr -1.1%* -41.5% 3.9% 80.66%
5 Yr -0.8%* -27.5% 3.6% 82.78%
10 Yr -0.8%* -14.9% 9.0% 90.87%

* Annualized


Total Return Ranking - Calendar

Period ACASX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.8% -80.0% 3.0% 81.75%
2017 -1.0% -2.2% 10.1% 79.93%
2016 -1.2% -9.3% 5.1% 75.55%
2015 -2.0% -46.1% 3.9% 79.93%
2014 2.0% -88.9% 41.3% 60.07%

NAV & Total Return History

ACASX - Holdings

Concentration Analysis

ACASX Category Low Category High ACASX % Rank
Net Assets 596 M 1.23 M 21.8 B 50.18%
Number of Holdings 821 7 15908 12.06%
Net Assets in Top 10 48.5 M -147 M 4.93 B 81.56%
Weighting of Top 10 8.34% 8.3% 263.1% 99.65%

Top 10 Holdings

  1. Government National Mortgage Association 2.2% 1.30%

  2. Government National Mortgage Association 2.89% 1.01%

  3. Government National Mortgage Association 2.12% 0.87%

  4. Federal Home Loan Mortgage Corporation 3.5% 0.84%

  5. Fnma Pass-Thru I 4% 0.82%

  6. Fnma Pass-Thru I 3.5% 0.78%

  7. Government National Mortgage Association 2.1% 0.74%

  8. MISSOURI ST HSG DEV COMMN MULTIFAMILY HSG REV 3.75% 0.72%

  9. FRESB MORTGAGE TRUST 3.35% 0.65%

  10. Government National Mortgage Association 2.6% 0.62%


Asset Allocation

Weighting Return Low Return High ACASX % Rank
Bonds
99.68% 0.00% 156.45% 25.53%
Cash
0.17% -56.49% 73.87% 76.95%
Other
0.15% -45.97% 6.09% 8.16%
Stocks
0.00% -0.11% 96.85% 43.97%
Preferred Stocks
0.00% 0.00% 3.11% 47.16%
Convertible Bonds
0.00% 0.00% 1.42% 48.94%

Bond Sector Breakdown

Weighting Return Low Return High ACASX % Rank
Securitized
95.89% 0.00% 159.58% 13.83%
Municipal
3.34% 0.00% 63.01% 3.90%
Corporate
0.22% 0.00% 67.74% 32.27%
Cash & Equivalents
0.17% -56.49% 73.87% 76.95%
Government
0.05% -56.62% 100.00% 80.85%
Derivative
0.00% -9.75% 6.08% 44.33%

Bond Geographic Breakdown

Weighting Return Low Return High ACASX % Rank
US
99.68% 0.00% 155.83% 23.05%
Non US
0.00% -2.84% 23.63% 68.79%

ACASX - Expenses

Operational Fees

ACASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.04% 3.79% 26.43%
Management Fee 0.35% 0.00% 0.80% 36.75%
12b-1 Fee 0.25% 0.00% 1.00% 41.92%
Administrative Fee 0.08% 0.00% 0.45% 29.75%

Sales Fees

ACASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.40% 4.75% 51.92%
Deferred Load N/A 0.50% 5.50% N/A

Trading Fees

ACASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 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.

ACASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 1450.00% 20.07%

ACASX - Distributions

Dividend Yield Analysis

ACASX Category Low Category High ACASX % Rank
Dividend Yield 1.76% 0.00% 2.50% 6.36%

Dividend Distribution Analysis

ACASX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Dividend Payout History