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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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Vitals

YTD Return

4.6%

1 yr return

14.0%

3 Yr Avg Return

17.1%

5 Yr Avg Return

14.2%

Net Assets

$N/A

Holdings in Top 10

53.3%

52 WEEK LOW AND HIGH

$24.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.55%

SALES FEES

Front Load 4.25%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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CEDLX - Profile

Distributions

  • YTD Total Return 4.6%
  • 3 Yr Annualized Total Return 17.1%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.08%
DIVIDENDS
  • Dividend Yield 7.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BlueBay Destra International Event Driven Credit Fund - BBay Destra Intl Event Driven Cr Fd USD Cls L
  • Fund Family Name
    Destra
  • Inception Date
    Dec 21, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Duncan Farley

Fund Description


CEDLX - Performance

Return Ranking - Trailing

Period CEDLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -6.5% 5.7% 0.31%
1 Yr 14.0% -9.3% 24.0% 1.24%
3 Yr 17.1%* -16.7% 18.1% 0.33%
5 Yr 14.2%* -13.0% 15.2% 0.38%
10 Yr N/A* -13.4% 6.7% N/A

* Annualized

Return Ranking - Calendar

Period CEDLX Return Category Return Low Category Return High Rank in Category (%)
2023 3.6% -12.0% 15.7% 32.41%
2022 -0.8% -31.8% 18.4% 1.27%
2021 -15.9% -26.6% 25.7% 99.51%
2020 4.2% -49.2% 18.7% 22.61%
2019 8.5% -35.1% 15.3% 9.33%

Total Return Ranking - Trailing

Period CEDLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.6% -6.5% 5.7% 0.31%
1 Yr 14.0% -9.3% 24.0% 1.24%
3 Yr 17.1%* -16.7% 18.1% 0.33%
5 Yr 14.2%* -13.0% 15.2% 0.38%
10 Yr N/A* -13.4% 6.7% N/A

* Annualized

Total Return Ranking - Calendar

Period CEDLX Return Category Return Low Category Return High Rank in Category (%)
2023 12.3% -7.0% 22.2% 4.63%
2022 20.5% -31.8% 21.1% 0.32%
2021 16.7% -13.5% 49.9% 0.65%
2020 7.2% -28.6% 24.1% 32.51%
2019 14.5% -4.8% 19.1% 4.00%

NAV & Total Return History


CEDLX - Holdings

Concentration Analysis

CEDLX Category Low Category High CEDLX % Rank
Net Assets N/A 2.32 M 127 B N/A
Number of Holdings 67 2 10577 88.01%
Net Assets in Top 10 22.3 M -1.57 B 65.8 B 86.49%
Weighting of Top 10 53.32% 0.7% 170.6% 20.68%

Top 10 Holdings

  1. BlackRock Liquidity FedFund Instl 13.94%
  2. MPC Container Ships ASA 7.21%
  3. MPC Container Ships ASA 7.21%
  4. MPC Container Ships ASA 7.21%
  5. MPC Container Ships ASA 7.21%
  6. MPC Container Ships ASA 7.21%
  7. MPC Container Ships ASA 7.21%
  8. MPC Container Ships ASA 7.21%
  9. MPC Container Ships ASA 7.21%
  10. MPC Container Ships ASA 7.21%

Asset Allocation

Weighting Return Low Return High CEDLX % Rank
Bonds
58.59% -150.81% 203.29% 84.22%
Cash
19.91% -94.66% 258.91% 10.17%
Stocks
17.73% -1.60% 99.88% 11.99%
Other
3.64% -72.32% 100.00% 42.94%
Preferred Stocks
0.12% 0.00% 30.46% 31.11%
Convertible Bonds
0.00% 0.00% 33.50% 87.69%

Bond Sector Breakdown

Weighting Return Low Return High CEDLX % Rank
Corporate
64.12% 0.00% 96.66% 17.84%
Cash & Equivalents
26.94% 0.00% 88.14% 5.33%
Government
6.96% 0.00% 99.43% 62.60%
Securitized
1.98% 0.00% 99.65% 85.45%
Derivative
0.00% -72.32% 37.37% 42.62%
Municipal
0.00% 0.00% 54.26% 51.02%

Bond Geographic Breakdown

Weighting Return Low Return High CEDLX % Rank
Non US
46.17% 0.00% 67.77% 5.77%
US
12.42% -151.11% 203.29% 88.01%

CEDLX - Expenses

Operational Fees

CEDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.55% 0.01% 20.67% 3.93%
Management Fee 1.75% 0.00% 2.29% 95.93%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% 98.91%

Sales Fees

CEDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 0.00% 5.75% 28.10%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CEDLX 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.

CEDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 632.00% 74.84%

CEDLX - Distributions

Dividend Yield Analysis

CEDLX Category Low Category High CEDLX % Rank
Dividend Yield 7.45% 0.00% 18.15% 7.07%

Dividend Distribution Analysis

CEDLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

CEDLX Category Low Category High CEDLX % Rank
Net Income Ratio 5.08% -1.55% 11.51% 9.40%

Capital Gain Distribution Analysis

CEDLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

CEDLX - Fund Manager Analysis

Managers

Duncan Farley


Start Date

Tenure

Tenure Rank

May 09, 2018

4.06

4.1%

Duncan Farley – Portfolio Manager, Leveraged Finance – Duncan is a Portfolio Manager focusing on absolute return credit strategies within BlueBay UK’s Global Leveraged Finance Group. Prior to joining BlueBay in March 2014, Duncan amassed over 16 years’ experience in the European high yield and distressed debt markets working for several leading investment firms, including King Street Capital Management, where he spent four years as a senior credit analyst. Duncan holds a BA (Hons) degree in Accounting and Computing from the University of Kent and is a qualified ACA (Association of Chartered Accountants) with the Institute of Chartered Accountants in England and Wales (ICAEW).

Adam Phillips


Start Date

Tenure

Tenure Rank

Feb 01, 2021

1.33

1.3%

Adam Phillips — Portfolio Manager, Leveraged Finance — Adam joined BlueBay UK in October 2020 as the Head of Developed Markets Special Situations, to further enhance BlueBay’s global leveraged finance strategies. Before joining BlueBay, Adam was Head of Investments at Blantyre Capital, European CIO at Marathon Asset Management and Head of European High Yield & Distressed at Lehman Brothers. Earlier in his career, Adam was Head of the Asian Distressed team at Standard Bank and he started his career at British & Commonwealth Merchant Bank in structured and property finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.72 3.19