CFBNX: Commerce Bond

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CFBNX Commerce Bond


Profile

CFBNX - Profile

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 1.0%
  • Net Assets $1.27 B
  • Holdings in Top 10 10.6%

52 WEEK LOW AND HIGH

$21.06
$19.11
$21.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.62%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Commerce Bond Fund
  • Fund Family Name
    Commerce
  • Inception Date
    Dec 12, 1994
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Colbert

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Categories

Performance

CFBNX - Performance

Return Ranking - Trailing

Period CFBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -31.9% 954.3% 35.78%
1 Yr 3.4% -28.2% 951.8% 35.55%
3 Yr 1.6%* -17.5% 120.9% 34.20%
5 Yr 1.0%* -8.5% 60.6% 36.90%
10 Yr 0.4%* -5.2% 14.4% 39.97%

* Annualized

Return Ranking - Calendar

Period CFBNX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -5.8% 20.3% 29.17%
2018 -3.7% -29.6% 4.6% 75.78%
2017 1.2% -6.0% 15.8% 48.31%
2016 0.5% -7.8% 15.0% 30.25%
2015 -3.3% -11.6% 3.0% 83.19%

Total Return Ranking - Trailing

Period CFBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -31.9% 954.3% 35.78%
1 Yr 3.4% -28.2% 951.8% 35.55%
3 Yr 1.6%* -17.5% 120.9% 38.24%
5 Yr 1.0%* -8.5% 60.6% 42.82%
10 Yr 0.4%* -5.2% 16.2% 55.25%

* Annualized

Total Return Ranking - Calendar

Period CFBNX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -5.8% 20.3% 29.45%
2018 -3.7% -29.6% 4.6% 80.05%
2017 1.2% -6.0% 15.8% 56.00%
2016 0.5% -7.8% 15.0% 35.82%
2015 -3.3% -9.9% 3.0% 87.33%

NAV & Total Return History


Holdings

CFBNX - Holdings

Concentration Analysis

CFBNX Category Low Category High CFBNX % Rank
Net Assets 1.27 B 619 K 88.4 B 33.56%
Number of Holdings 480 1 10083 35.72%
Net Assets in Top 10 136 M -202 M 26.9 B 45.33%
Weighting of Top 10 10.64% 2.6% 100.0% 85.13%

Top 10 Holdings

  1. State Street Instl US Govt MMkt Premier 2.85%
  2. United States Treasury Bonds 2.5% 1.01%
  3. United States Treasury Bonds 2.75% 0.93%
  4. United States Treasury Notes 2.25% 0.88%
  5. Avis Budget Rental Car Funding AESOP LLC 2.36% 0.87%
  6. United States Treasury Notes 1.62% 0.86%
  7. United States Treasury Notes 2.12% 0.84%
  8. United States Treasury Notes 1.5% 0.83%
  9. United States Treasury Bonds 0.75% 0.79%
  10. United States Treasury Notes 1.38% 0.78%

Asset Allocation

Weighting Return Low Return High CFBNX % Rank
Bonds
95.92% 78.92% 199.79% 57.15%
Cash
3.79% -128.23% 19.68% 36.37%
Preferred Stocks
0.20% -0.17% 22.02% 10.21%
Convertible Bonds
0.09% 0.00% 9.45% 44.87%
Stocks
0.00% -4.99% 21.62% 18.30%
Other
0.00% -9.40% 31.94% 19.77%

Bond Sector Breakdown

Weighting Return Low Return High CFBNX % Rank
Corporate
44.66% 0.00% 99.00% 18.80%
Securitized
29.62% 0.00% 97.53% 24.32%
Government
12.13% -2.21% 99.96% 38.11%
Municipal
9.80% 0.00% 100.06% 45.66%
Cash & Equivalents
3.79% -26.49% 93.17% 40.87%
Derivative
0.00% 0.00% 39.43% 24.92%

Bond Geographic Breakdown

Weighting Return Low Return High CFBNX % Rank
US
89.03% 49.78% 199.79% 59.91%
Non US
6.89% -12.10% 39.65% 39.72%

Expenses

CFBNX - Expenses

Operational Fees

CFBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.01% 34.57% 65.20%
Management Fee 0.37% 0.00% 1.60% 42.40%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.50% 68.50%

Sales Fees

CFBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

CFBNX 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.

CFBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 496.90% 17.80%

Distributions

CFBNX - Distributions

Dividend Yield Analysis

CFBNX Category Low Category High CFBNX % Rank
Dividend Yield 0.00% 0.00% 3.88% 13.93%

Dividend Distribution Analysis

CFBNX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

CFBNX Category Low Category High CFBNX % Rank
Net Income Ratio 3.04% -0.81% 6.02% 16.85%

Capital Gain Distribution Analysis

CFBNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

CFBNX - Fund Manager Analysis

Managers

Scott Colbert


Start Date

Tenure

Tenure Rank

Dec 12, 1994

25.74

25.7%

Scott Colbert is Senior Vice President and Portfolio Manager at Commerce Investment Advisors, Inc. He joined Commerce in 1993. Prior to joining Commerce Bank, Scott worked for The Cincinnati Gas and Electric Company, Fifth Third Bank, and ARMCO Inc. Scott received his bachelor of science degree in nuclear engineering from the University of Cincinnati in 1986 and received his master of business administration from Xavier University.

Brent Schowe


Start Date

Tenure

Tenure Rank

Mar 01, 2012

8.51

8.5%

Brent L. Schowe , CFA, Senior Vice President, Joined Commerce Investment Advisors, Inc. in 1999 and serve as Fund manager since 2012.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 7.05 0.17