JOIIX: JOHCM Global Income Builder Fund

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JOIIX JOHCM Global Income Builder Fund


Profile

JOIIX - Profile

Vitals

  • YTD Return -9.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $76.8 M
  • Holdings in Top 10 21.3%

52 WEEK LOW AND HIGH

$9.40
$7.87
$10.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.63%

SALES FEES

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

BROKERAGE FEES

  • Turnover 54.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -9.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.70%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    JOHCM Global Income Builder Fund
  • Fund Family Name
    JOHCM Funds
  • Inception Date
    Jun 28, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Lale Topcuoglu

Fund Description

The fund seeks to achieve its investment objective by applying a bottom-up, long-term global value investing philosophy across a broad range of asset classes. It normally will invest in a wide range of income-producing equity securities, including common stocks of U.S. and foreign companies that offer attractive dividend yields. The fund also normally will invest in a wide range of fixed income instruments from markets in the United States and multiple countries around the world.


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Categories

Performance

JOIIX - Performance

Return Ranking - Trailing

Period JOIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.8% -35.2% 0.5% 47.27%
1 Yr N/A -30.1% 6.8% 8.16%
3 Yr N/A* -14.3% 0.9% N/A
5 Yr N/A* -10.0% 1.1% N/A
10 Yr N/A* -0.8% 3.8% N/A

* Annualized

Return Ranking - Calendar

Period JOIIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 0.0% 21.6% N/A
2018 N/A -21.7% -3.4% N/A
2017 N/A -1.2% 12.0% N/A
2016 N/A -1.8% 7.3% N/A
2015 N/A -16.1% -0.7% N/A

Total Return Ranking - Trailing

Period JOIIX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.8% -35.2% 0.5% 47.27%
1 Yr N/A -30.1% 7.2% 7.29%
3 Yr N/A* -12.4% 4.1% N/A
5 Yr N/A* -8.1% 3.9% N/A
10 Yr N/A* 1.1% 7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period JOIIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 0.0% 21.6% N/A
2018 N/A -16.0% -0.6% N/A
2017 N/A -1.2% 18.0% N/A
2016 N/A -1.6% 14.4% N/A
2015 N/A -16.1% 3.2% N/A

NAV & Total Return History


Holdings

JOIIX - Holdings

Concentration Analysis

JOIIX Category Low Category High JOIIX % Rank
Net Assets 76.8 M 1.01 M 3.25 B 71.70%
Number of Holdings 124 6 1340 76.85%
Net Assets in Top 10 15.5 M -76.9 M 299 M 61.11%
Weighting of Top 10 21.27% 8.1% 200.7% 66.67%

Top 10 Holdings

  1. United States Treasury Notes 0.38% 4.00%
  2. United States Treasury Notes 0.5% 2.51%
  3. SPDR® Gold Shares 2.23%
  4. B.A.T. International Finance p.l.c. 3.95% 2.01%
  5. Nestle SA 2.01%
  6. United States Treasury Notes 2.5% 1.96%
  7. Oracle Corp 1.73%
  8. Verizon Communications Inc 1.65%
  9. Microsoft Corp 1.59%
  10. JPMorgan Chase & Co. 4% 1.58%

Asset Allocation

Weighting Return Low Return High JOIIX % Rank
Stocks
58.12% 0.00% 99.99% 4.63%
Bonds
30.48% -120.56% 74.63% 58.33%
Cash
6.64% -13.27% 184.19% 42.59%
Other
3.70% 0.00% 23.86% 22.22%
Preferred Stocks
1.06% 0.00% 24.57% 41.67%
Convertible Bonds
0.00% 0.00% 15.03% 82.41%

Stock Sector Breakdown

Weighting Return Low Return High JOIIX % Rank
Consumer Defense
16.70% 0.00% 28.61% 9.57%
Technology
12.95% 0.00% 21.02% 35.11%
Real Estate
11.50% 0.00% 45.00% 32.98%
Basic Materials
11.20% 0.00% 11.20% 2.13%
Financial Services
9.50% 0.00% 66.46% 60.64%
Communication Services
8.21% 0.00% 21.33% 23.40%
Industrials
8.08% 0.00% 18.65% 55.32%
Healthcare
7.60% 0.00% 100.00% 56.38%
Utilities
6.97% 0.00% 44.57% 21.28%
Consumer Cyclical
3.98% 0.00% 15.02% 73.40%
Energy
3.31% 0.00% 31.54% 68.09%

Stock Geographic Breakdown

Weighting Return Low Return High JOIIX % Rank
US
29.21% -4.24% 99.99% 12.04%
Non US
28.91% 0.00% 53.78% 20.37%

Bond Sector Breakdown

Weighting Return Low Return High JOIIX % Rank
Corporate
48.22% 0.00% 97.78% 44.44%
Government
31.52% -132.75% 41.07% 17.59%
Cash & Equivalents
20.25% 0.36% 186.99% 50.93%
Derivative
0.00% -0.51% 27.12% 63.89%
Securitized
0.00% 0.00% 23.46% 66.67%
Municipal
0.00% 0.00% 4.79% 54.63%

Bond Geographic Breakdown

Weighting Return Low Return High JOIIX % Rank
US
20.24% -166.35% 64.16% 45.37%
Non US
10.24% 0.00% 45.79% 57.41%

Expenses

JOIIX - Expenses

Operational Fees

JOIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.63% 0.26% 11.95% 34.65%
Management Fee 0.67% 0.10% 1.90% 53.64%
12b-1 Fee 0.25% 0.00% 1.00% 22.39%
Administrative Fee N/A 0.02% 0.25% N/A

Sales Fees

JOIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

JOIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.70% 0.00% 282.00% 24.51%

Distributions

JOIIX - Distributions

Dividend Yield Analysis

JOIIX Category Low Category High JOIIX % Rank
Dividend Yield 0.98% 0.00% 2.69% 5.45%

Dividend Distribution Analysis

JOIIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

JOIIX Category Low Category High JOIIX % Rank
Net Income Ratio 2.70% -0.99% 11.02% 50.49%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JOIIX - Fund Manager Analysis

Managers

Lale Topcuoglu


Start Date

Tenure

Tenure Rank

Nov 30, 2017

2.42

2.4%

Lale Topcuoglu joined JOHCM USA in August 2017. Lale is a Senior Fund Manager and Head of Credit for JOHCM’s Multi-Asset Team. Prior to joining JOHCM, she was the Global Head of Alternative Corporate Credit and the portfolio manager for corporate credit exposures in multi-asset class fixed income and equity commingled Income Builder portfolios at Goldman Sachs Asset Management (“GSAM”). Her previous roles at GSAM included co-head of Global investment Grade and Senior Analyst on the Bank Loan team. She started her career as a sell-side research analyst in 1999 at GSAM, covering Cable, Satellite and Wireless Towers Sectors in both credit and equity research. She was named Managing Director in 2010. Lale earned a BA in Economics and Politics, cum laude, from Mount Holyoke College.

Giorgio Caputo


Start Date

Tenure

Tenure Rank

Nov 30, 2017

2.42

2.4%

Giorgio Caputo joined JOHCM in August 2017. Giorgio is a Senior Fund Manager and Head of JOHCM's Multi-Asset Value team. Prior to joining JOHCM, he was most recently a Portfolio Manager and Senior Analyst with First Eagle Investment Management. Giorgio joined First Eagle in September 2009 as a Research Analyst and member of the firm’s Global Value Team. Prior to First Eagle, Giorgio was a Managing Director and Industry Generalist Investment Analyst at JANA Partners LLC, and an Investment Banking Associate at Credit Suisse First Boston. Before graduate school, he was a Quantitative Strategist and the Interest Rate Trader for the Equity Derivatives Group at Lehman Brothers. He has a BS in Operations Research, with minors in German Literature, Italian Literature and Applied and Computational Mathematics, from Princeton University, as well as an MBA in Finance with Honours from Columbia Business School. Giorgio speaks fluent German and Italian.

Robert Hordon


Start Date

Tenure

Tenure Rank

Nov 30, 2017

2.42

2.4%

Robert Hordon joined JOHCM in October 2017. Robert is a Senior Fund Manager for JOHCM's Multi Asset Value team. Prior to joining JOHCM, he was most recently a Portfolio Manager and Senior Analyst with First Eagle Investment Management where he co-managed the First Eagle Global Income Builder Fund and the First Eagle Amundi Income Builder Fund. Robert joined First Eagle in 2001 as a Risk Arbitrage Analyst, moving to the firm’s Global Value team in 2008 as a Research Analyst. Before graduate school, he was an Equity Research Analyst with Credit Suisse First Boston. Robert holds a BA in Politics from Princeton University and an MBA from Columbia Business School. He also holds the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 9.92 4.15 5.61