IDMAX: iM Dolan McEniry Corporate Bond Fund

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IDMAX iM Dolan McEniry Corporate Bond Fund


Profile

IDMAX - Profile

Vitals

  • YTD Return 2.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $47.6 M
  • Holdings in Top 10 25.8%

52 WEEK LOW AND HIGH

$10.81
$9.31
$10.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.49%

SALES FEES

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

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Corporate Bond

Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iM Dolan McEniry Corporate Bond Fund
  • Fund Family Name
    iM Global Partner (US)
  • Inception Date
    May 17, 2019
  • Shares Outstanding
    506538
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Dolan

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in corporate bonds. The fund will invest in a diversified portfolio of corporate investment grade bonds, corporate high yield bonds, and U.S. government and treasury securities maturing within 10 years or less. All securities will be U.S. dollar denominated although they may be issued by a foreign corporation or a U.S. affiliate of a foreign corporation.


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Categories

Performance

IDMAX - Performance

Return Ranking - Trailing

Period IDMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -16.5% 10.3% 66.23%
1 Yr 2.5% -18.9% 11.6% 58.44%
3 Yr N/A* -11.9% 3.6% N/A
5 Yr N/A* -4.9% 4.6% N/A
10 Yr N/A* -1.7% 3.0% N/A

* Annualized

Return Ranking - Calendar

Period IDMAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -3.9% 12.3% N/A
2018 N/A -14.6% 0.3% N/A
2017 N/A -3.5% 3.8% N/A
2016 N/A 0.0% 35.8% N/A
2015 N/A -11.2% 1.3% N/A

Total Return Ranking - Trailing

Period IDMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -16.5% 10.3% 66.23%
1 Yr 2.5% -18.9% 11.6% 58.44%
3 Yr N/A* -11.9% 5.5% N/A
5 Yr N/A* -4.9% 6.6% N/A
10 Yr N/A* -0.6% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period IDMAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -3.9% 12.7% N/A
2018 N/A -14.6% 0.3% N/A
2017 N/A -3.5% 7.2% N/A
2016 N/A 0.0% 35.8% N/A
2015 N/A -11.2% 3.1% N/A

NAV & Total Return History


Holdings

IDMAX - Holdings

Concentration Analysis

IDMAX Category Low Category High IDMAX % Rank
Net Assets 47.6 M 7.49 M 40.6 B 85.53%
Number of Holdings 84 27 2298 85.71%
Net Assets in Top 10 8.85 M 1.26 M 3.55 B 84.42%
Weighting of Top 10 25.81% 3.2% 56.5% 31.17%

Top 10 Holdings

  1. Citrix Systems Inc. 4.5% 2.91%
  2. Verizon Communications Inc. 4.13% 2.75%
  3. Booking Holdings Inc 4.1% 2.69%
  4. Kraft Heinz Foods Company 3.95% 2.62%
  5. Western Digital Corp. 4.75% 2.56%
  6. SBA Communications Corporation 4.88% 2.52%
  7. Broadcom Corporation/Broadcom Cayman Finance Ltd 3.88% 2.48%
  8. Masco Corporation 4.45% 2.48%
  9. Kohls Corporation 4.25% 2.45%
  10. Allegion US Holding Company Inc 3.2% 2.34%

Asset Allocation

Weighting Return Low Return High IDMAX % Rank
Bonds
92.68% 26.53% 128.13% 59.74%
Cash
7.33% -32.30% 15.13% 12.99%
Stocks
0.00% 0.00% 1.76% 66.23%
Preferred Stocks
0.00% 0.00% 31.43% 79.22%
Other
0.00% -1.18% 4.55% 50.65%
Convertible Bonds
0.00% 0.00% 65.41% 98.70%

Bond Sector Breakdown

Weighting Return Low Return High IDMAX % Rank
Corporate
92.67% 51.24% 99.42% 25.97%
Cash & Equivalents
7.33% 0.00% 15.13% 12.99%
Derivative
0.00% 0.00% 16.45% 74.03%
Securitized
0.00% 0.00% 21.68% 97.40%
Municipal
0.00% 0.00% 2.50% 89.61%
Government
0.00% 0.00% 32.72% 93.51%

Bond Geographic Breakdown

Weighting Return Low Return High IDMAX % Rank
US
87.60% 26.53% 102.65% 12.99%
Non US
5.08% 0.00% 32.48% 92.21%

Expenses

IDMAX - Expenses

Operational Fees

IDMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.49% 0.03% 8.55% 6.76%
Management Fee 0.50% 0.00% 1.25% 72.73%
12b-1 Fee 0.25% 0.00% 1.00% 34.21%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

IDMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 0.85% 5.50% N/A

Trading Fees

IDMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 66.67%

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.

IDMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 15.00% 213.00% 3.90%

Distributions

IDMAX - Distributions

Dividend Yield Analysis

IDMAX Category Low Category High IDMAX % Rank
Dividend Yield 0.00% 0.00% 0.09% 51.95%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IDMAX Category Low Category High IDMAX % Rank
Net Income Ratio 2.24% 1.54% 8.62% 94.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IDMAX - Fund Manager Analysis

Managers

Daniel Dolan


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

Dan founded Dolan McEniry in 1997 following a 16-year career in the financial services industry. Dan previously worked with Morgan Stanley and Salomon Brothers. Dan serves as a member of the Board of Trustees of Lake Forest College, the Board of Directors for the Rehabilitation Institute of Chicago (RIC), and the Board of Directors of MetroSquash. At RIC, Dan chairs the Investment Committee, is Co-Chair of the Foundation Board, and serves on the Capital Campaign Committee. At Lake Forest College, Dan serves as Vice Chairman of the Board of Trustees and Chairman of the Investment Committee. Dan is on the Executive Committee at MetroSquash. He received a B.A. from Lake Forest College in 1980. At Dolan McEniry, Dan focuses on portfolio management, security selection, and securities trading. Also, Dan is responsible for client relations, new business development, and the overall administrative management of the firm.

Stephen Schubert


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

A member of the Dolan McEniry team since 1998, Stephen currently serves as the Managing Director of Portfolio Management and Trading. Stephen worked previously with Suntrust Bank and Merrill Lynch, and remains actively involved with the University Club of Chicago. He received his degree from Michigan State University.

C. Schaffer Degen


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

Schaffer joined Dolan Mceniry Capital Management LLC as an Analyst in April 2012 and currently serves as a Portfolio Manager. Schaffer graduated from Miami University in 2010 with a B.S. in Business and a major in Finance.

M. Patrick Voelker


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

Patrick joined Dolan Mceniry Capital Management LLC as an Analyst in November 2012 and currently serves as a Portfolio Manager. Patrick graduated with honors from St. Norbert College in 2012 with a B.A. in Economics.

Robert Greber


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

Robert joined Dolan Mceniry Capital Management LLC as an Analyst in February 2015 and currently serves as an Assistant Portfolio Manager. Robert graduated from the University of Missouri in May 2014 with a B.S. in Business Administration and a major in Finance.

Roger McEniry


Start Date

Tenure

Tenure Rank

Sep 28, 2018

1.93

1.9%

Roger joined Dolan McEniry as a partner in March, 2001. Prior to joining the firm, Roger spent sixteen years with a Chicago private equity firm. Roger was a senior member of the firm as it grew from less than $75 million under management to over $1 billion. Roger graduated from Williams College with honors in 1978 and received an MBA from the University of Michigan in 1981. Roger’s focus is the analytical and strategic side of our firm. Security selection, risk management, and credit analysis are under Roger’s leadership. Roger is a trustee of Deerfield Academy and is a past president of the Daniel Murphy Scholarship Fund.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.01 7.5 0.66