William Blair Income Fund
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-2.3%
1 yr return
-0.5%
3 Yr Avg Return
3.2%
5 Yr Avg Return
1.8%
Net Assets
$47.8 M
Holdings in Top 10
28.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Short-Term Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
BIFJX - Profile
Distributions
- YTD Total Return -2.3%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.55%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWilliam Blair Income Fund
-
Fund Family NameWilliam Blair
-
Inception DateMay 02, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRuta Ziverte
Fund Description
The fund invests at least 90% of its total assets in the following: (a) U.S. dollar-denominated corporate debt securities (domestic or foreign) with long-term ratings of "A -" or better, or an equivalent rating; (b) obligations of or guaranteed by the U.S. government, its agencies or instrumentalities; (c) collateralized obligations and (d) commercial paper obligations rated within the highest grade by one of the Rating Organizations.
BIFJX - Performance
Return Ranking - Trailing
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.3% | -18.7% | 96.6% | 97.55% |
| 1 Yr | -0.5% | -2.0% | 19.1% | 93.38% |
| 3 Yr | 3.2%* | 0.8% | 8.7% | 50.60% |
| 5 Yr | 1.8%* | 0.1% | 6.5% | 75.82% |
| 10 Yr | 2.1%* | 0.2% | 5.3% | 42.33% |
* Annualized
Return Ranking - Calendar
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 1.5% | -23.0% | 206.3% | 57.70% |
| 2019 | N/A | -2.4% | 9.3% | N/A |
| 2018 | N/A | -50.6% | 1.0% | N/A |
| 2017 | N/A | -2.6% | 4.6% | N/A |
| 2016 | N/A | -65.8% | 10.9% | N/A |
Total Return Ranking - Trailing
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.3% | -18.7% | 96.9% | 97.55% |
| 1 Yr | -0.5% | -7.0% | 19.1% | 81.74% |
| 3 Yr | 3.2%* | -0.7% | 8.7% | 45.97% |
| 5 Yr | 1.8%* | -0.7% | 6.5% | 69.27% |
| 10 Yr | 2.1%* | 0.1% | 5.3% | 40.47% |
* Annualized
Total Return Ranking - Calendar
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 1.5% | -23.0% | 206.3% | 57.70% |
| 2019 | N/A | -2.3% | 9.3% | N/A |
| 2018 | N/A | -7.0% | 6.5% | N/A |
| 2017 | N/A | -2.6% | 8.2% | N/A |
| 2016 | N/A | -65.2% | 10.9% | N/A |
NAV & Total Return History
BIFJX - Holdings
Concentration Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Net Assets | 47.8 M | 6.22 M | 79.6 B | 91.71% |
| Number of Holdings | 107 | 4 | 5026 | 85.40% |
| Net Assets in Top 10 | 11.3 M | -154 M | 12.3 B | 89.84% |
| Weighting of Top 10 | 28.39% | 2.2% | 100.0% | 40.73% |
Top 10 Holdings
- Fnma Pass-Thru I 4% 5.42%
- United States Treasury Notes 0.32% 5.33%
- Federal National Mortgage Association 4% 5.05%
- United States Treasury Bonds 3.88% 4.37%
- Federal National Mortgage Association 5.5% 3.88%
- Federal National Mortgage Association 5.5% 3.43%
- Federal National Mortgage Association 4% 3.34%
- Federal National Mortgage Association 4% 3.33%
- Federal National Mortgage Association 6% 3.28%
- Federal National Mortgage Association 4% 3.26%
Asset Allocation
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| Bonds | 91.99% | 38.93% | 126.39% | 47.94% |
| Convertible Bonds | 5.04% | 0.00% | 37.57% | 11.27% |
| Cash | 2.97% | -33.34% | 58.50% | 64.13% |
| Stocks | 0.00% | -1.00% | 9.45% | 57.14% |
| Preferred Stocks | 0.00% | 0.00% | 23.81% | 57.62% |
| Other | 0.00% | -2.48% | 19.35% | 50.16% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| Corporate | 41.77% | 0.00% | 100.00% | 49.37% |
| Securitized | 35.96% | 0.00% | 99.01% | 24.29% |
| Government | 11.03% | 0.00% | 82.95% | 65.87% |
| Derivative | 8.61% | 0.00% | 21.54% | 4.44% |
| Cash & Equivalents | 2.63% | 0.00% | 58.50% | 75.56% |
| Municipal | 0.00% | 0.00% | 88.84% | 77.62% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| US | 83.85% | 0.00% | 112.74% | 22.38% |
| Non US | 8.14% | 0.00% | 73.25% | 79.37% |
BIFJX - Expenses
Operational Fees
| BIFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.02% | 2.47% | 47.59% |
| Management Fee | 0.35% | 0.00% | 1.19% | 54.39% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| BIFJX 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 | 0.50% | 5.00% | N/A |
Trading Fees
| BIFJX 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.
| BIFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 57.00% | 0.00% | 496.37% | 37.93% |
BIFJX - Distributions
Dividend Yield Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.35% | 0.00% | 1.41% | 50.47% |
Dividend Distribution Analysis
| BIFJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.55% | -0.50% | 65.00% | 59.64% |
Capital Gain Distribution Analysis
| BIFJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
BIFJX - Fund Manager Analysis
Managers
Ruta Ziverte
Start Date
Tenure
Tenure Rank
May 01, 2020
1.42
1.4%
Ruta Ziverte is head of fixed income for William Blair Investment Management and portfolio manager for the Core Fixed Income, Sustainable Fixed Income, and Intermediate Fixed Income strategies. In this role, she is responsible for developing and executing our fixed-income growth strategy (in conjunction with other members of the team), team leadership, and select portfolio management. Before joining William Blair, Ruta worked at Oppenheimer Funds, where she was the portfolio manager for the Global High Yield Fund and co-portfolio manager for the Global Strategic Income Fund. She also led a team of fixed-income credit analysts. Before joining Oppenheimer Funds in 2015, Ruta worked at GE Asset Management, where she most recently served as executive managing director and high-yield portfolio manager. Previously at GE, Ruta was a team leader and senior analyst, co-managing a leveraged finance research team, and was responsible for developing and implementing the firm's credit processes and procedures. Earlier in her career, Ruta was a credit analyst with Citigroup/Travelers Life and Annuity. She also worked at Phoenix Investment Partners. Ruta received a B.S. in business administration from the University of Latvia and an M.B.A. from Rensselaer Polytechnic Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 28.1 | 5.89 | 1.75 |