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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.65

$16.6 M

7.61%

$0.73

0.90%

Vitals

YTD Return

-3.4%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$16.6 M

Holdings in Top 10

55.9%

52 WEEK LOW AND HIGH

$9.6
$9.63
$10.03

Expenses

OPERATING FEES

Expense Ratio 0.90%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

$50,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Multisector Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.65

$16.6 M

7.61%

$0.73

0.90%

CBRDX - Profile

Distributions

  • YTD Total Return -3.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 7.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    CrossingBridge Responsible Credit Fund
  • Fund Family Name
    CrossingBridge
  • Inception Date
    Jun 30, 2021
  • Shares Outstanding
    1685239
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Sherman

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed income securities that meet the Adviser's responsible investing criteria. It invests in individual fixed income securities without restriction as to issuer credit quality, capitalization or security maturity. The fund may invest up to 100% of its assets in lower-quality fixed income securities - commonly known as “high yield” or “junk” bonds. The fund is non-diversified.


CBRDX - Performance

Return Ranking - Trailing

Period CBRDX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -35.2% 18.5% 6.06%
1 Yr N/A -20.6% 24.2% N/A
3 Yr N/A* -12.2% 16.2% N/A
5 Yr N/A* -16.3% 10.3% N/A
10 Yr N/A* -12.8% 11.8% N/A

* Annualized

Return Ranking - Calendar

Period CBRDX Return Category Return Low Category Return High Rank in Category (%)
2021 N/A -26.6% 25.7% N/A
2020 N/A -49.2% 314.3% N/A
2019 N/A -35.1% 16.7% N/A
2018 N/A -48.0% 10.9% N/A
2017 N/A -14.8% 11.2% N/A

Total Return Ranking - Trailing

Period CBRDX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -35.2% 28.6% 4.45%
1 Yr N/A -21.2% 38.5% N/A
3 Yr N/A* -13.9% 16.2% N/A
5 Yr N/A* -17.3% 10.3% N/A
10 Yr N/A* -13.3% 11.8% N/A

* Annualized

Total Return Ranking - Calendar

Period CBRDX Return Category Return Low Category Return High Rank in Category (%)
2021 N/A -26.6% 25.7% N/A
2020 N/A -49.2% 314.3% N/A
2019 N/A -35.1% 16.7% N/A
2018 N/A -48.0% 10.9% N/A
2017 N/A -14.8% 15.2% N/A

NAV & Total Return History


CBRDX - Holdings

Concentration Analysis

CBRDX Category Low Category High CBRDX % Rank
Net Assets 16.6 M 100 124 B 97.34%
Number of Holdings 56 2 8175 85.71%
Net Assets in Top 10 10.2 M -1.57 B 20.5 B 83.15%
Weighting of Top 10 55.94% 4.3% 100.0% 16.32%

Top 10 Holdings

  1. Linkem S.p.A 6% 9.47%
  2. Linkem S.p.A 6% 9.47%
  3. Linkem S.p.A 6% 9.47%
  4. Linkem S.p.A 6% 9.47%
  5. Linkem S.p.A 6% 9.47%
  6. Linkem S.p.A 6% 9.47%
  7. Linkem S.p.A 6% 9.47%
  8. Linkem S.p.A 6% 9.47%
  9. Linkem S.p.A 6% 9.47%
  10. Linkem S.p.A 6% 9.47%

Asset Allocation

Weighting Return Low Return High CBRDX % Rank
Bonds
61.75% -150.81% 188.92% 83.42%
Cash
21.85% -261.12% 258.91% 18.60%
Stocks
15.40% -38.22% 261.12% 2.83%
Convertible Bonds
1.00% 0.00% 33.50% 56.87%
Preferred Stocks
0.00% 0.00% 31.88% 62.26%
Other
0.00% -25.82% 276.99% 45.82%

Stock Sector Breakdown

Weighting Return Low Return High CBRDX % Rank
Financial Services
96.77% 0.00% 100.00% 6.54%
Healthcare
3.23% 0.00% 18.60% 24.46%
Utilities
0.00% 0.00% 100.00% 53.75%
Technology
0.00% 0.00% 33.40% 45.52%
Real Estate
0.00% 0.00% 100.00% 53.51%
Industrials
0.00% 0.00% 100.00% 60.29%
Energy
0.00% 0.00% 100.00% 80.39%
Communication Services
0.00% 0.00% 100.00% 53.75%
Consumer Defense
0.00% 0.00% 99.97% 46.97%
Consumer Cyclical
0.00% 0.00% 89.95% 56.66%
Basic Materials
0.00% 0.00% 100.00% 49.88%

Stock Geographic Breakdown

Weighting Return Low Return High CBRDX % Rank
US
15.40% -40.06% 261.12% 2.29%
Non US
0.00% -6.04% 17.73% 51.08%

Bond Sector Breakdown

Weighting Return Low Return High CBRDX % Rank
Corporate
51.72% 0.00% 100.00% 32.88%
Cash & Equivalents
23.17% 0.00% 100.00% 21.65%
Securitized
14.80% 0.00% 99.65% 53.04%
Derivative
10.31% 0.00% 72.98% 21.92%
Municipal
0.00% 0.00% 54.26% 49.53%
Government
0.00% 0.00% 99.43% 88.09%

Bond Geographic Breakdown

Weighting Return Low Return High CBRDX % Rank
US
48.21% -151.11% 194.51% 76.82%
Non US
13.54% -136.75% 90.11% 56.87%

CBRDX - Expenses

Operational Fees

CBRDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 6.46% 59.76%
Management Fee 0.65% 0.00% 2.29% 58.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

CBRDX 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

CBRDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

CBRDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% N/A

CBRDX - Distributions

Dividend Yield Analysis

CBRDX Category Low Category High CBRDX % Rank
Dividend Yield 7.61% 0.00% 40.58% 52.41%

Dividend Distribution Analysis

CBRDX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CBRDX Category Low Category High CBRDX % Rank
Net Income Ratio 2.36% -1.55% 11.51% 69.40%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

CBRDX - Fund Manager Analysis

Managers

David Sherman


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

David K. Sherman is the portfolio manager for RiverPark Short Term and RiverPark Strategic Income. Mr. Sherman, is the managing member of Cohanzick. Since 1996, Mr. Sherman, on behalf of Cohanzick Management, LLC , has managed accounts for various clients utilizing investment programs substantially similar to those intended to be used by the Fund. From January 1987 to August 1996, Mr. Sherman held various executive and director positions at Leucadia National Corporation and/or its subsidiaries. From August 1992 to August 1996, Mr. Sherman served as a Vice President of Leucadia with primary responsibility for the oversight of Leucadia's insurance companies' investment portfolios. Mr. Sherman holds a B.S. in Business Administration from Washington University.

T. Kirk Whitney


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

T. Kirk Whitney, CFA® is an Assistant Portfolio Manager of the Adviser, a wholly owned subsidiary of Cohanzick Management, LLC, and serves as an Assistant Portfolio Manager of the Responsible Credit Fund. Mr. Whitney began his career with Cohanzick Management, LLC as a Portfolio Analyst in 2013, rising to his current role of Assistant Portfolio Manager and Senior Analyst. Mr. Whitney has over 20 years of experience having worked at the Solaris Group, Concordia Advisors, Alliance Capital and Bloomberg. Mr. Whitney holds a B.S. from Pennsylvania State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.67 3.19