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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.

Watchlist

$8.66

$209 M

3.44%

$0.30

0.72%

Vitals

YTD Return

-0.8%

1 yr return

1.7%

3 Yr Avg Return

-3.1%

5 Yr Avg Return

0.3%

Net Assets

$209 M

Holdings in Top 10

34.7%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.72%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open 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.

Watchlist

$8.66

$209 M

3.44%

$0.30

0.72%

KCCSX - Profile

Distributions

  • YTD Total Return -0.8%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Knights of Columbus Core Bond Fund
  • Fund Family Name
    Catholic Investor
  • Inception Date
    Jul 14, 2015
  • Shares Outstanding
    101067
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    E. Neill Jordan

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds. This investment policy can be changed by the Fund upon 60 days’ prior written notice to shareholders. For purposes of this policy, bonds include a variety of fixed income instruments, such as securities issued or guaranteed by the U.S. Government and its agencies or instrumentalities, municipal bonds, corporate obligations, residential and commercial mortgage-backed securities, and asset-backed securities. The Fund invests primarily in U.S. issuers and investment-grade securities, but may hold securities that are rated below investment grade (“high yield” or “junk bonds”). The Fund may invest in securities with any maturity or duration.

The Fund seeks to make investment decisions consistent with the United States Conference of Catholic Bishops’ Socially Responsible Investing Guidelines (the “USCCB Guidelines”), and therefore, the Fund

is designed to avoid investments in companies that are believed to be involved with abortion, contraception, pornography, stem cell research/human cloning, weapons of mass destruction, or other enterprises that conflict with the USCCB Guidelines. As part of the screening process for the Fund, the Adviser uses information from a third-party environmental, social, and governance research firm and consults with experts to assess the policies and practices of companies based on the criteria set forth in the USCCB Guidelines. Based on such assessments, the Adviser compiles and maintains a list of companies that it determines to be inconsistent with the USCCB Guidelines (the “Restricted Securities List”). The Fund seeks to avoid investments in companies identified through this process. The policies and practices of the companies selected for the Fund are monitored for various issues contemplated by the USCCB Guidelines. If the Adviser becomes aware that the Fund is invested in a company whose policies and practices are inconsistent with the USCCB Guidelines, the Adviser may sell the company’s securities or otherwise exclude future investments in such company. The criteria used to screen out companies for the Fund may be modified from time to time to seek to maintain alignment with any changes to the USCCB Guidelines.

In selecting investments to purchase on behalf of the Fund, the Adviser combines quantitative and qualitative analyses to identify market sectors and individual issuers that the Adviser believes are undervalued in the market. For corporate issuers, the Adviser analyzes the company’s financial statements as well as its prospects for future cash generation, while for mortgage- or asset-backed securities, the Adviser analyzes the quality of the underlying receivables and structural credit enhancements. The Adviser will generally sell a security on behalf of the Fund if the security reaches its estimated fair value or is impacted by an adverse event, or if more attractive alternatives exist.

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KCCSX - Performance

Return Ranking - Trailing

Period KCCSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -6.0% 3.9% 67.06%
1 Yr 1.7% -10.3% 16.1% 77.56%
3 Yr -3.1%* -10.4% 26.2% 73.93%
5 Yr 0.3%* -6.6% 191.4% 73.61%
10 Yr N/A* -2.4% 73.7% N/A

* Annualized

Return Ranking - Calendar

Period KCCSX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -16.2% 8.1% 74.53%
2022 -16.5% -34.7% 131.9% 66.90%
2021 -2.7% -11.6% 4.4% 23.97%
2020 3.8% -10.1% 946.1% 54.59%
2019 6.5% -1.7% 156.4% 19.02%

Total Return Ranking - Trailing

Period KCCSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -6.0% 3.9% 67.06%
1 Yr 1.7% -10.3% 16.1% 77.56%
3 Yr -3.1%* -10.4% 26.2% 73.93%
5 Yr 0.3%* -6.6% 191.4% 73.61%
10 Yr N/A* -2.4% 73.7% N/A

* Annualized

Total Return Ranking - Calendar

Period KCCSX Return Category Return Low Category Return High Rank in Category (%)
2023 4.8% -11.3% 11.0% 88.11%
2022 -14.3% -32.2% 131.9% 73.99%
2021 -0.7% -9.4% 9.2% 37.59%
2020 7.1% -1.9% 1009.0% 77.95%
2019 9.7% 1.1% 21668.0% 26.88%

NAV & Total Return History


KCCSX - Holdings

Concentration Analysis

KCCSX Category Low Category High KCCSX % Rank
Net Assets 209 M 2.73 M 292 B 81.54%
Number of Holdings 216 1 17889 83.17%
Net Assets in Top 10 63.5 M -106 M 36.5 B 77.30%
Weighting of Top 10 34.72% 4.4% 134.1% 25.30%

Top 10 Holdings

  1. US TREASURY N/B 2.625000% 05/31/2027 6.02%
  2. US TREASURY N/B 4.250000% 12/31/2024 5.67%
  3. US TREASURY N/B 2.750000% 05/31/2029 4.40%
  4. US TREASURY N/B 3.875000% 01/15/2026 4.27%
  5. US TREASURY N/B 3.750000% 08/15/2041 3.12%
  6. US TREASURY N/B 3.875000% 12/31/2027 3.03%
  7. US TREASURY N/B 2.750000% 08/15/2032 2.54%
  8. US TREASURY N/B 0.250000% 09/30/2025 2.20%
  9. US TREASURY N/B 4.000000% 11/15/2052 1.94%
  10. US TREASURY N/B 4.000000% 11/15/2042 1.53%

Asset Allocation

Weighting Return Low Return High KCCSX % Rank
Bonds
98.30% 0.00% 215.98% 33.59%
Convertible Bonds
1.78% 0.00% 7.93% 37.73%
Cash
1.70% -54.51% 88.26% 66.44%
Stocks
0.00% 0.00% 99.93% 99.51%
Preferred Stocks
0.00% 0.00% 74.68% 98.92%
Other
0.00% -13.23% 58.65% 90.61%

Bond Sector Breakdown

Weighting Return Low Return High KCCSX % Rank
Corporate
45.22% 0.00% 100.00% 14.09%
Securitized
36.27% 0.00% 98.40% 31.82%
Government
14.71% 0.00% 86.23% 74.38%
Municipal
2.73% 0.00% 100.00% 11.82%
Cash & Equivalents
1.28% 0.00% 88.06% 68.30%
Derivative
0.00% -5.38% 58.65% 71.92%

Bond Geographic Breakdown

Weighting Return Low Return High KCCSX % Rank
US
98.30% 0.00% 215.98% 29.26%
Non US
0.00% 0.00% 39.04% 99.41%

KCCSX - Expenses

Operational Fees

KCCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.01% 39.10% 48.92%
Management Fee 0.40% 0.00% 1.76% 70.26%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

KCCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

KCCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 57.89%

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.

KCCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 493.39% 12.30%

KCCSX - Distributions

Dividend Yield Analysis

KCCSX Category Low Category High KCCSX % Rank
Dividend Yield 3.44% 0.00% 9.75% 78.03%

Dividend Distribution Analysis

KCCSX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Monthly

Net Income Ratio Analysis

KCCSX Category Low Category High KCCSX % Rank
Net Income Ratio 2.07% -1.28% 4.79% 27.16%

Capital Gain Distribution Analysis

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

Distributions History

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KCCSX - Fund Manager Analysis

Managers

E. Neill Jordan


Start Date

Tenure

Tenure Rank

Feb 27, 2015

7.26

7.3%

Mr. E. Neill Jordan, CFA, Portfolio Manager, joined Knights of Columbus Asset Advisors in 2015. Mr. Jordan joined Knights of Columbus in 1987 and was named Vice President of Fixed Income in 1995. His portfolio management responsibilities include the residential and commercial mortgage-backed, asset-backed, government and agency sectors. From 1992-1995, he served as Manager, Public Bonds with portfolio management responsibilities for all sectors of the public bond market. Prior to joining Knights of Columbus, he was an analyst at Conning and Company in Hartford, Connecticut. Mr. Jordan received his B.S. in Finance from the University of Connecticut in 1983.

Gilles Marchand


Start Date

Tenure

Tenure Rank

Feb 27, 2015

7.26

7.3%

Mr. Gilles A. Marchand Jr., CFA, Portfolio Manager, joined Knights of Columbus Asset Advisors in 2015. Mr. Marchand is the credit portfolio manager for Knights of Columbus. Prior to joining Knights of Columbus in 2010, he was Chief Investment Officer and Senior portfolio manager of Global Plus Investment Management. In 2001, Mr. Marchand founded the high yield group at Aladdin Capital and was the Senior Portfolio Manager responsible for managing nine CLO funds and three open ended funds. From 1996-2000 Mr. Marchand co-managed 10 high yield mutual funds and a CLO for Merrill Lynch Asset Management. From 1990-1996, he was a credit analyst at Babson and worked on private offerings and corporate, mezzanine and high yield securities. Mr. Marchand received his M.B.A. from Cornell University and is a member of the Hartford CFA Society.

Anthony Minopoli


Start Date

Tenure

Tenure Rank

Feb 27, 2015

7.26

7.3%

Mr. Anthony V. Minopoli, President & Chief Investment Officer, joined Knights of Columbus Asset Advisors in 2015. Mr. Minopoli joined Knights of Columbus in 2005 and is responsible for the day to day management of the Knights of Columbus' $22 billion General Account investment portfolio, and oversight of the third-party investment managers of the Knights of Columbus' defined benefit pension plan, defined contribution plan and charitable assets. Prior to joining Knights of Columbus, Mr. Minopoli spent 18 years at Evaluation Associates with the last 10 years in the role of Senior Consultant. Mr. Minopoli earned a B.S. in Finance and Banking and a an M.B.A. from the University of Bridgeport.

Nicholas Gentile


Start Date

Tenure

Tenure Rank

Dec 31, 2019

2.42

2.4%

In 1988, Mr. Gentile began his career in commodities on the trading floor of the Coffee, Sugar and Cocoa Exchange (“CSCE”) working as a phone clerk for B&J Commodities. Mr. Gentile became a member of the CSCE in 1993 and began trading proprietary funds as well as trading client accounts. Nicholas along with his partners formed MP Commodities, a Coffee, Sugar, Cocoa Futures and Options brokerage operation in 1998. His primary responsibility was running the daily operation of the futures trading floor. With the demise of open outcry at the CSCE Nicholas was offered an opportunity to join Atlantic Capital in January 2008 as a Partner and Co Manager of a Commodities only Discretionary Fund. His responsibilities included putting together trading strategies for the discretionary program as well as running all trading and execution for the firm. These strategies included Relative Value, Spreads and Directional Trades consisting mostly of futures contracts with some options. Mr. Gentile maintains extensive contacts in the physical Coffee, Sugar, Cocoa, Grain and Energy industries. His network is comprised of producers, consumers, traders, hedge funds as well as the three main commodity index firms. This in conjunction with his commodity knowledge makes him a cutting edge industry leader.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.82 1.16