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FXBAX PSI Total Return A

  • Fund
  • FXBAX
  • Price as of: Jun 27, 2019
  • $7.99 - $0.01 - 0.13%
  • Category
  • Total Bond Market

FXBAX - Profile

Vitals

  • YTD Return 1.9%
  • 3 Yr Annualized Return -3.2%
  • 5 Yr Annualized Return -3.4%
  • Net Assets $10.6 M
  • Holdings in Top 10 68.6%

52 WEEK LOW AND HIGH

$7.99
$7.84
$8.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.33%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 862.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return -1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name PSI Total Return Fund
  • Fund Family Name Portfolio Strategies
  • Inception Date Aug 23, 2010
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager David Jajewski

Fund Description

The fund's investment adviser seeks to achieve the fund's investment objective by investing in a combination of underlying funds which include (1) open-end investment companies ("mutual funds") and (2) exchange traded funds ("ETFs") that each invest primarily in fixed income securities, common stocks, or alternative assets, which the manager defines as commodity-related or real estate-related securities, (3) money market securities, and (4) derivatives using the adviser's quantitative analysis strategy.

FXBAX - Performance

Return Ranking - Trailing

Period FXBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -3.8% 13.0% 76.33%
1 Yr -1.5% -10.0% 8.4% 96.23%
3 Yr -3.2%* -4.2% 4.6% 99.31%
5 Yr -3.4%* -8.5% 23.6% 98.81%
10 Yr N/A* -7.3% 26.2% N/A

* Annualized


Return Ranking - Calendar

Period FXBAX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.0% -22.2% 3.1% 87.81%
2017 -1.7% -5.1% 25.1% 98.91%
2016 1.9% -8.5% 192.8% 20.66%
2015 -6.5% -33.0% 3.0% 92.01%
2014 -3.6% -29.8% 32.1% 95.69%

Total Return Ranking - Trailing

Period FXBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -3.8% 13.0% 77.19%
1 Yr 1.7% -10.0% 9.9% 69.78%
3 Yr -0.9%* -4.2% 6.8% 94.57%
5 Yr -1.2%* -8.2% 28.6% 92.09%
10 Yr N/A* -7.3% 26.4% N/A

* Annualized


Total Return Ranking - Calendar

Period FXBAX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.0% -22.2% 7.9% 58.05%
2017 1.7% -4.6% 25.1% 38.75%
2016 2.6% -4.1% 204.3% 27.48%
2015 -4.7% -32.4% 4.2% 85.81%
2014 -1.3% -29.8% 32.1% 90.94%

NAV & Total Return History

FXBAX - Holdings

Concentration Analysis

FXBAX Category Low Category High FXBAX % Rank
Net Assets 10.6 M 330 K 229 B 98.87%
Number of Holdings 7 3 17343 98.14%
Net Assets in Top 10 7.64 M -28.8 B 32.2 B 93.28%
Weighting of Top 10 68.56% 4.0% 1674.7% 14.16%

Top 10 Holdings

  1. PIMCO High Yield Instl 20.48%

  2. Lord Abbett High Yield I 20.32%

  3. Transamerica High Yield Bond I 20.27%

  4. PIMCO International Bond (Unhedged)Instl 4.98%

  5. Transamerica Emerging Markets Debt I 2.51%


Asset Allocation

Weighting Return Low Return High FXBAX % Rank
Bonds
63.72% 0.00% 394.27% 96.28%
Cash
32.75% -539.21% 70.47% 2.73%
Convertible Bonds
1.25% 0.00% 18.42% 27.19%
Other
1.20% -98.58% 236.55% 8.11%
Stocks
0.80% -3.42% 96.77% 8.18%
Preferred Stocks
0.29% 0.00% 20.33% 15.03%

Stock Sector Breakdown

Weighting Return Low Return High FXBAX % Rank
Healthcare
0.19% -0.20% 10.55% 7.26%
Technology
0.18% -0.35% 12.99% 9.44%
Consumer Cyclical
0.14% -0.18% 9.63% 11.86%
Industrials
0.06% -0.15% 12.95% 17.07%
Consumer Defense
0.04% -0.18% 10.56% 9.32%
Real Estate
0.02% -0.04% 11.09% 13.80%
Financial Services
0.02% -0.01% 19.01% 23.12%
Energy
0.01% 0.00% 11.26% 34.99%
Utilities
0.00% -0.05% 8.49% 90.80%
Communication Services
0.00% -0.05% 4.01% 90.44%
Basic Materials
0.00% 0.00% 7.19% 89.47%

Stock Geographic Breakdown

Weighting Return Low Return High FXBAX % Rank
US
0.66% -4.95% 59.49% 7.51%
Non US
0.14% -0.18% 91.88% 6.45%

Bond Sector Breakdown

Weighting Return Low Return High FXBAX % Rank
Corporate
58.13% 0.00% 127.23% 10.64%
Cash & Equivalents
32.77% -532.79% 70.33% 2.13%
Government
5.71% -74.72% 316.66% 77.73%
Securitized
2.17% 0.00% 103.00% 92.29%
Municipal
0.00% 0.00% 102.07% 96.21%
Derivative
-0.80% -234.33% 48.69% 94.15%

Bond Geographic Breakdown

Weighting Return Low Return High FXBAX % Rank
US
49.23% 0.00% 219.16% 91.69%
Non US
14.49% -41.14% 244.34% 32.51%

FXBAX - Expenses

Operational Fees

FXBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.33% 0.00% 38.42% 1.86%
Management Fee 0.90% 0.00% 2.15% 96.21%
12b-1 Fee 0.25% 0.00% 1.00% 54.67%
Administrative Fee 0.10% 0.00% 0.63% 60.84%

Sales Fees

FXBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.50% 5.75% 4.81%
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

FXBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.50% 2.00% 57.33%

Turnover 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.

FXBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 862.00% 0.00% 2337.00% 99.80%

FXBAX - Distributions

Dividend Yield Analysis

FXBAX Category Low Category High FXBAX % Rank
Dividend Yield 0.03% 0.00% 8.86% 20.07%

Dividend Distribution Analysis

FXBAX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

FXBAX Category Low Category High FXBAX % Rank
Net Income Ratio 1.89% -2.82% 7.22% 78.58%

Capital Gain Distribution Analysis

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

FXBAX - Managers

David Jajewski

Manager

Start Date

Tenure

Tenure Rank

Aug 23, 2010

8.78

8.8%

David holds a degree in Economics from Ripon College. He began his risk management career in 1983, and by 1987, he had established his own practice, working with clients to help them define and achieve their financial goals. He began representing Portfolio Strategies in 1991, and in 1995, in a joint venture, he helped create the Variable Products Division at PSI, which manages tax-deferred products. Then in 2001, David joined PSI as a managing partner. Most recently in 2009, he became President and Chief Compliance Officer.


John Williamson

Manager

Start Date

Tenure

Tenure Rank

Aug 23, 2010

8.78

8.8%

Mr. Williamson joined the Portfolio Strategies, Inc. in 2001 as Marketing Director and has served as Managing Partner since 2005. Mr. Williamson holds a B.S. in Business Management degree from Oral Roberts University.


Tenure Analysis

Category Low

0.0

Category High

30.51

Category Average

6.95

Category Mode

7.12