William Blair Income Fund
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-1.8%
1 yr return
-1.8%
3 Yr Avg Return
1.7%
5 Yr Avg Return
1.5%
Net Assets
$22.6 M
Holdings in Top 10
16.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 111.00%
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 -1.8%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.81%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWilliam Blair Short Duration Bond Fund
-
Fund Family NameWilliam Blair
-
Inception DateMay 02, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerVesta Marks
Fund Description
The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in bonds. It invests primarily in U.S. dollar denominated, investment grade fixed income securities. The Adviser seeks to outperform the Bloomberg 1-3 Year U.S. government/Credit Index through an actively managed diversified portfolio of debt securities. The anticipated weighted average maturity of the fund is up to five years.
BIFJX - Performance
Return Ranking - Trailing
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.8% | -18.7% | -0.1% | 3.27% |
| 1 Yr | -1.8% | -5.5% | 3.9% | 13.29% |
| 3 Yr | 1.7%* | -1.3% | 6.1% | 26.31% |
| 5 Yr | 1.5%* | -0.8% | 5.6% | 50.00% |
| 10 Yr | 1.7%* | -0.2% | 4.1% | 34.40% |
* Annualized
Return Ranking - Calendar
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -3.1% | -15.4% | 94.2% | 95.48% |
| 2020 | 1.5% | -20.8% | 206.3% | 57.86% |
| 2019 | N/A | -74.0% | 9.3% | N/A |
| 2018 | N/A | -50.6% | 1.0% | N/A |
| 2017 | N/A | -2.6% | 9.2% | N/A |
Total Return Ranking - Trailing
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.8% | -18.7% | -0.1% | 1.80% |
| 1 Yr | -1.8% | -9.4% | 3.9% | 12.16% |
| 3 Yr | 1.7%* | -2.3% | 6.1% | 23.44% |
| 5 Yr | 1.5%* | -0.9% | 5.6% | 44.87% |
| 10 Yr | 1.7%* | -0.3% | 4.1% | 32.80% |
* Annualized
Total Return Ranking - Calendar
| Period | BIFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -3.1% | -15.4% | 94.2% | 95.48% |
| 2020 | 1.5% | -20.8% | 206.3% | 57.86% |
| 2019 | N/A | -74.0% | 9.3% | N/A |
| 2018 | N/A | -50.6% | 6.5% | N/A |
| 2017 | N/A | -2.6% | 20.5% | N/A |
NAV & Total Return History
BIFJX - Holdings
Concentration Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Net Assets | 22.6 M | 6.44 M | 73.4 B | 95.33% |
| Number of Holdings | 29 | 4 | 4969 | 91.21% |
| Net Assets in Top 10 | 5.07 M | 7.78 K | 11.4 B | 97.28% |
| Weighting of Top 10 | 16.52% | 2.1% | 100.0% | 70.22% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 7.56%
- Federal National Mortgage Association 2.5% 7.50%
- Federal National Mortgage Association 2.5% 7.37%
- Federal National Mortgage Association 2.5% 7.34%
- Fnma Pass-Thru I 4% 5.42%
- United States Treasury Notes 0.32% 5.33%
- Federal National Mortgage Association 4% 5.05%
- Federal National Mortgage Association 2% 4.91%
- Federal National Mortgage Association 5.5% 4.88%
- Federal National Mortgage Association 3% 4.46%
Asset Allocation
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| Cash | 79.26% | -37.20% | 79.26% | 0.16% |
| Bonds | 20.74% | 20.74% | 133.49% | 99.68% |
| Stocks | 0.00% | -0.04% | 11.58% | 30.83% |
| Preferred Stocks | 0.00% | 0.00% | 25.15% | 32.11% |
| Other | 0.00% | -1.79% | 11.07% | 18.37% |
| Convertible Bonds | 0.00% | 0.00% | 27.47% | 91.85% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 79.26% | 0.00% | 79.26% | 0.16% |
| Securitized | 13.62% | 0.00% | 98.02% | 79.87% |
| Government | 7.12% | 0.00% | 76.91% | 73.96% |
| Derivative | 0.00% | 0.00% | 23.80% | 29.55% |
| Corporate | 0.00% | 0.00% | 100.00% | 99.04% |
| Municipal | 0.00% | 0.00% | 17.95% | 60.54% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BIFJX % Rank | |
|---|---|---|---|---|
| US | 20.74% | -1.64% | 130.11% | 98.72% |
| Non US | 0.00% | 0.00% | 85.27% | 96.96% |
BIFJX - Expenses
Operational Fees
| BIFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.25% | 0.02% | 2.48% | 91.72% |
| Management Fee | 0.25% | 0.00% | 1.19% | 23.95% |
| 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 | 111.00% | 0.00% | 496.37% | 67.15% |
BIFJX - Distributions
Dividend Yield Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.19% | 0.00% | 1.37% | 12.92% |
Dividend Distribution Analysis
| BIFJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| BIFJX | Category Low | Category High | BIFJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -1.27% | 65.00% | 73.19% |
Capital Gain Distribution Analysis
| BIFJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
BIFJX - Fund Manager Analysis
Managers
Vesta Marks
Start Date
Tenure
Tenure Rank
Nov 10, 2021
0.39
0.4%
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 |
|---|---|---|---|
| 0.02 | 28.6 | 5.98 | 2.25 |