AXSKX: AXS Sustainable Income Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.50

-

3.36%

$0.35

0.99%

Vitals

YTD Return

3.0%

1 yr return

9.3%

3 Yr Avg Return

4.3%

5 Yr Avg Return

4.2%

Net Assets

$53.2 M

Holdings in Top 10

20.6%

52 WEEK LOW AND HIGH

$10.50
$9.94
$10.50

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

$5,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.50

-

3.36%

$0.35

0.99%

AXSKX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    AXS Sustainable Income Fund
  • Fund Family Name
    AXS
  • Inception Date
    Feb 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Kinsley

Fund Description

In seeking to achieve its investment objective, the fund primarily invests in a portfolio of U.S. dollar-denominated corporate debt securities. The advisor intends to invest in notes, bonds, debentures and commercial paper, which are the most common types of corporate debt securities. While the fund may invest in corporate debt securities of any credit quality, under normal market conditions, it will primarily invest in high yield securities. The fund may also invest in U.S. dollar-denominated securities of issuers domiciled outside of the United States.


AXSKX - Performance

Return Ranking - Trailing

Period AXSKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -69.1% 11.5% 14.69%
1 Yr 9.3% -16.2% 44.9% 53.15%
3 Yr 4.3%* -12.1% 17.4% 89.36%
5 Yr 4.2%* -5.6% 13.4% 92.75%
10 Yr N/A* 1.8% 10.9% N/A

* Annualized

Return Ranking - Calendar

Period AXSKX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -75.1% 399.1% N/A
2019 N/A -56.9% 226.1% N/A
2018 N/A -61.3% -0.4% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 28.6% N/A

Total Return Ranking - Trailing

Period AXSKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -69.1% 11.5% 14.82%
1 Yr 9.3% -18.7% 52.4% 45.21%
3 Yr 4.3%* -12.1% 16.3% 82.68%
5 Yr 4.2%* -5.6% 12.7% 88.75%
10 Yr N/A* 1.8% 10.9% N/A

* Annualized

Total Return Ranking - Calendar

Period AXSKX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -75.1% 399.1% N/A
2019 N/A -56.9% 23.9% N/A
2018 N/A -61.3% 0.9% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 39.0% N/A

NAV & Total Return History


AXSKX - Holdings

Concentration Analysis

AXSKX Category Low Category High AXSKX % Rank
Net Assets 53.2 M 2.66 M 30.1 B 89.24%
Number of Holdings 141 1 2534 78.80%
Net Assets in Top 10 10.9 M -557 M 4.07 B 77.56%
Weighting of Top 10 20.59% 3.1% 100.0% 25.63%

Top 10 Holdings

  1. Entercom Media Corp 6.75% 2.66%
  2. Meredith Corp 6.88% 2.45%
  3. TMS International Corp 7.25% 2.37%
  4. Quad / Graphics In 7% 2.19%
  5. New Home Company Inc 7.25% 2.18%
  6. Townsquare Media, Inc. 6.88% 2.11%
  7. American Airlines, Inc. 11.75% 2.09%
  8. Delta Air Lines Inc 7% 1.93%
  9. Powerteam Services LLC 9.03% 1.92%
  10. Umb Money Market Fiduciary 1.68%

Asset Allocation

Weighting Return Low Return High AXSKX % Rank
Bonds
97.93% 0.00% 147.88% 14.46%
Cash
2.58% -46.64% 100.00% 48.00%
Convertible Bonds
0.28% 0.00% 19.02% 89.03%
Stocks
0.00% 0.00% 38.15% 99.25%
Preferred Stocks
0.00% 0.00% 13.89% 99.13%
Other
-0.79% -52.60% 32.06% 95.89%

Bond Sector Breakdown

Weighting Return Low Return High AXSKX % Rank
Corporate
97.44% 0.00% 100.00% 31.21%
Cash & Equivalents
2.56% 0.00% 100.00% 58.68%
Derivative
0.00% 0.00% 46.55% 97.75%
Securitized
0.00% 0.00% 95.35% 98.63%
Municipal
0.00% 0.00% 11.44% 97.63%
Government
0.00% 0.00% 99.67% 98.00%

Bond Geographic Breakdown

Weighting Return Low Return High AXSKX % Rank
US
81.65% 0.00% 135.78% 42.77%
Non US
16.28% 0.00% 96.89% 25.19%

AXSKX - Expenses

Operational Fees

AXSKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.03% 4.79% 39.00%
Management Fee 0.70% 0.00% 1.84% 87.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

AXSKX 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

AXSKX 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.

AXSKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 349.00% N/A

AXSKX - Distributions

Dividend Yield Analysis

AXSKX Category Low Category High AXSKX % Rank
Dividend Yield 3.36% 0.00% 34.04% 1.11%

Dividend Distribution Analysis

AXSKX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

AXSKX Category Low Category High AXSKX % Rank
Net Income Ratio N/A -2.17% 10.53% N/A

Capital Gain Distribution Analysis

AXSKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Dividend Payout History

View More +

AXSKX - Fund Manager Analysis

Managers

David Kinsley


Start Date

Tenure

Tenure Rank

Feb 01, 2013

8.58

8.6%

David W. Kinsley, CFA, is a Principal, Head of Investing and a Senior Portfolio Manager. He is responsible for portfolio management, research & trading processes with specific responsibility for management of dedicated sustainable-focused short duration funds and benchmarked short duration mandates. He provides sector coverage, fundamental analysis and credit valuation for Automotive and Services. He previously was Co-Head of US Investing at AXA Investment Managers where he was instrumental in designing customized regional solutions for a global insurance company clientele, and was lead PM for a Custom Credit negative basis strategy that grew to >$15bn. Mr. Kinsley’s career includes co-founder and CFO of BookCentral International, an online textbook arbitrage enterprise, and analyst in the Consumer Retail group at Lehman Brothers. He holds a BA from Williams College.

Ryan Carrington


Start Date

Tenure

Tenure Rank

Feb 01, 2013

8.58

8.6%

Ryan Carrington, CFA, is a Senior Portfolio Manager. He is responsible for portfolio management of dedicated sustainable-focused short duration funds and sector coverage, fundamental analysis and credit valuation for Media, Telecom and Utility. He was previously a senior investment analyst in the high yield research group at GE Asset Management covering the media/cable, pipeline and utility sectors. Mr. Carrington’s prior experience includes: product origination for Debt Capital Markets at Deutsche Bank; managing insurance company fixed income assets at General Electric and aircraft leasing portfolios for GE Capital Aviation Services; and Global Power and Utilities investment banking analyst at Barclays Capital. Mr. Carrington holds a BA from Brigham Young University.

Michael Salice


Start Date

Tenure

Tenure Rank

Feb 01, 2013

8.58

8.6%

Michael Salice, CFA, is Director of Investment Strategy and a Senior Portfolio Manager. He oversees research standards, synthesizes macro trends, and coordinates thematic projects across the credit research team. He is responsible for portfolio management of dedicated sustainable-focused short duration funds and custom mandates, and sector coverage, fundamental analysis and credit valuation for Basic Industries and Capital Goods. He was previously in the high yield research group at GE Asset Management covering chemicals, healthcare and paper & forest products sectors. His prior experience includes: Investment Management Consulting Group at Greenwich Associates and Baseline–Thomson Financial. He holds a MBA from New York University Stern School of Business and a BA from Dartmouth College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 37.05 6.82 2.17