Barings Total Return Bond I
Name
As of 06/07/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.3%
1 yr return
12.3%
3 Yr Avg Return
1.8%
5 Yr Avg Return
1.9%
Net Assets
$24.7 M
Holdings in Top 10
15.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 104.04%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/07/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BXTIX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.51%
- Dividend Yield 2.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBarings Diversified Income Fund
-
Fund Family NameBarings Funds
-
Inception DateJul 08, 2015
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKathleen Kraez
Fund Description
BXTIX - Performance
Return Ranking - Trailing
Period | BXTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -23.4% | 26.4% | 30.04% |
1 Yr | 12.3% | -33.8% | 53.1% | 29.92% |
3 Yr | 1.8%* | -10.9% | 11.5% | 90.15% |
5 Yr | 1.9%* | -13.9% | 14.6% | 91.57% |
10 Yr | N/A* | -1.9% | 12.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | BXTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.9% | -49.2% | 314.3% | 90.30% |
2022 | 2.5% | -35.1% | 15.3% | 72.57% |
2021 | -4.4% | -48.0% | 3.4% | 35.34% |
2020 | 1.7% | -14.8% | 11.2% | 49.21% |
2019 | 1.5% | -11.2% | 10.7% | 69.98% |
Total Return Ranking - Trailing
Period | BXTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -23.4% | 25.9% | 30.04% |
1 Yr | 12.3% | -37.6% | 53.1% | 25.68% |
3 Yr | 1.8%* | -12.6% | 11.5% | 87.91% |
5 Yr | 1.9%* | -14.9% | 14.6% | 90.78% |
10 Yr | N/A* | -1.9% | 12.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BXTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -5.9% | -49.2% | 314.3% | 90.30% |
2022 | 2.5% | -35.1% | 15.3% | 76.11% |
2021 | -4.4% | -48.0% | 8.0% | 56.35% |
2020 | 1.7% | -14.8% | 15.2% | 66.43% |
2019 | 1.5% | -11.2% | 17.7% | 76.55% |
NAV & Total Return History
BXTIX - Holdings
Concentration Analysis
BXTIX | Category Low | Category High | BXTIX % Rank | |
---|---|---|---|---|
Net Assets | 24.7 M | 1.57 M | 139 B | 93.96% |
Number of Holdings | 137 | 3 | 8055 | 75.51% |
Net Assets in Top 10 | 7.24 M | -4.67 B | 5.97 B | 83.42% |
Weighting of Top 10 | 15.07% | 4.2% | 100.0% | 79.19% |
Top 10 Holdings
- CANYON CLO LTD 1.66% 2.11%
- Tci-Flatiron Clo 2016-1 Ltd / Tci-Fl FRN 2.39% 2.08%
- ELMWOOD CLO II LTD / LLC 3.12% 1.58%
- ARES CLO LTD 2.68% 1.57%
- MAGNETITE XXVI LTD 2.58% 1.57%
- Athene Global Funding 2015-1 2.5% 1.56%
- Enstar Group Ltd 4.95% 1.51%
- CROSTHWAITE PARK CLO DAC Series 1A Class B1R 1.51%
- CROSTHWAITE PARK CLO DAC Series 1A Class B1R 1.51%
- CROSTHWAITE PARK CLO DAC Series 1A Class B1R 1.51%
Asset Allocation
Weighting | Return Low | Return High | BXTIX % Rank | |
---|---|---|---|---|
Bonds | 88.80% | -148.49% | 302.14% | 41.58% |
Cash | 8.64% | -210.92% | 260.09% | 41.45% |
Convertible Bonds | 2.55% | 0.00% | 206.37% | 36.48% |
Stocks | 0.00% | -84.00% | 190.25% | 80.61% |
Preferred Stocks | 0.00% | 0.00% | 33.20% | 72.07% |
Other | 0.00% | -45.66% | 106.30% | 59.69% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BXTIX % Rank | |
---|---|---|---|---|
Corporate | 49.66% | 0.00% | 100.00% | 39.80% |
Securitized | 39.98% | 0.00% | 97.98% | 18.88% |
Cash & Equivalents | 8.82% | 0.00% | 100.00% | 46.81% |
Government | 1.53% | 0.00% | 99.63% | 76.40% |
Derivative | 0.00% | 0.00% | 67.54% | 75.00% |
Municipal | 0.00% | 0.00% | 55.87% | 64.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BXTIX % Rank | |
---|---|---|---|---|
Non US | 45.58% | 0.00% | 105.85% | 11.86% |
US | 43.22% | -148.77% | 209.58% | 76.40% |
BXTIX - Expenses
Operational Fees
BXTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.19% | 0.01% | 6.50% | 49.48% |
Management Fee | 0.40% | 0.00% | 2.25% | 7.84% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.01% | 0.70% | 3.03% |
Sales Fees
BXTIX 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 | 1.00% | 5.50% | N/A |
Trading Fees
BXTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 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.
BXTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 104.04% | 0.00% | 498.00% | 59.29% |
BXTIX - Distributions
Dividend Yield Analysis
BXTIX | Category Low | Category High | BXTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.38% | 0.00% | 5.30% | 52.30% |
Dividend Distribution Analysis
BXTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BXTIX | Category Low | Category High | BXTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.51% | -1.28% | 11.44% | 38.82% |
Capital Gain Distribution Analysis
BXTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 01, 2019 | $0.030 | |
Jun 03, 2019 | $0.029 | |
May 01, 2019 | $0.027 | |
Apr 01, 2019 | $0.024 | |
Mar 01, 2019 | $0.029 | |
Feb 01, 2019 | $0.025 | |
Jan 02, 2019 | $0.033 | |
Dec 03, 2018 | $0.028 | |
Nov 01, 2018 | $0.029 | |
Oct 01, 2018 | $0.028 | |
Sep 04, 2018 | $0.028 | |
Aug 01, 2018 | $0.030 | |
Jul 02, 2018 | $0.029 | |
Jun 01, 2018 | $0.027 | |
May 01, 2018 | $0.028 | |
Apr 02, 2018 | $0.027 | |
Mar 01, 2018 | $0.026 | |
Feb 01, 2018 | $0.026 | |
Dec 29, 2017 | $0.048 | |
Dec 01, 2017 | $0.024 | |
Oct 02, 2017 | $0.024 | |
Aug 01, 2017 | $0.024 | |
Jul 03, 2017 | $0.024 | |
Jun 01, 2017 | $0.024 |
BXTIX - Fund Manager Analysis
Managers
Kathleen Kraez
Start Date
Tenure
Tenure Rank
Mar 01, 2019
2.25
2.3%
Stephen Ehrenberg
Start Date
Tenure
Tenure Rank
Aug 01, 2019
1.83
1.8%
Stephen Ehrenberg is a portfolio manager for Barings’ Investment Grade Fixed Income Group. Steve has worked in the industry since 2002 and his experience has encompassed portfolio management and credit analysis for both investment grade and high yield corporate credit. Prior to joining the firm in 2004, he worked in capital markets at MassMutual as part of the firm’s executive development program. Steve holds a B.S. in Mechanical Engineering from the United States Military Academy at West Point (Phi Beta Kappa), an M.B.A. from the University of Michigan Business School (High Distinction) and is a member of the CFA Institute. Prior to attending business school, Steve served as a Captain in the U.S. Army, where he held numerous leadership positions and graduated from both Airborne and Ranger School.
Yulia Alekseeva
Start Date
Tenure
Tenure Rank
Aug 01, 2019
1.83
1.8%
Yulia Alekseeva is a Portfolio Manager in the Barings Investment Grade Fixed Income Group and Head of Securitized Credit Research. Yulia has worked in the industry since 2005. Prior to re-joining the firm in 2019, Yulia was employed at Canada Pension Plan Investment Board as a Principal in the Structured Credit department following positions at Bank of America Merrill Lynch and PricewaterhouseCoopers. Yulia holds a B.A. in Economics & Finance from the Plekhanov Russian University of Economics and an M.B.A. degree from the Wharton School at the University of Pennsylvania. She is a member of the CFA Institute and an Associate Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ICAEW).
Natalia Krol
Start Date
Tenure
Tenure Rank
Oct 01, 2019
1.67
1.7%
Ms. Krol is a Director and portfolio manager of Barings’ Emerging Markets Blended Total Return strategy. Prior to joining Barings, she was a Credit Analyst at Schroders Investment Management, where she covered natural resources and capital goods sectors across emerging markets, European high yield and investment grade markets, and a European High Yield Research Analyst at Barclays Capital.
Charles Sanford
Start Date
Tenure
Tenure Rank
Dec 31, 2020
0.41
0.4%
Charles S. Sanford is a Managing Director and member of Barings’ Global Fixed Income Team. Prior to joining Barings in 2004, was employed by Booz, Allen and Hamilton and BellSouth.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 27.43 | 5.5 | 2.19 |