LFVFX: Leader High Quality Low Duration BondFund - MutualFunds.com
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Leader Capital Leader Floating Rate Inv

LFVFX - Snapshot

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $47.9 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$9.32
$8.82
$10.03

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.34%

SALES FEES

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

BROKERAGE FEES

  • Turnover 248.18%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification


Compare LFVFX to Popular U.S. Ultrashort Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.04

0.00%

$21.45 B

1.15%

$0.12

0.00%

-

$110.51

0.00%

$17.83 B

-

$0.66

-0.02%

-

$10.10

0.00%

$17.37 B

1.07%

$0.11

0.00%

-

$10.04

0.00%

$16.13 B

1.28%

$0.13

0.00%

-

LFVFX - Profile

Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.40%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Leader High Quality Low Duration BondFund
  • Fund Family Name
    LEADER
  • Inception Date
    Dec 30, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Lekas

Fund Description

The fund invests at least 80% of its net assets, plus any amount of borrowings for investment purposes, in floating rate debt securities. It invests in floating rate debt securities with an interest rate that resets quarterly based on the LIBOR. Under normal circumstances the advisor expects its portfolio of securities (measured at the time of purchase) to be A rated or higher.


LFVFX - Performance

Return Ranking - Trailing

Period LFVFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.2% 2.9% 0.92%
1 Yr -6.8% -6.8% 3.6% 100.00%
3 Yr -0.8%* -0.8% 3.4% 100.00%
5 Yr N/A* 0.4% 3.9% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period LFVFX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.4% -7.4% 1.8% 100.00%
2019 0.2% -0.3% 2.5% 71.79%
2018 -0.4% -2.5% 0.4% 48.21%
2017 0.5% -1.8% 100.0% 14.47%
2016 N/A -1.0% 1.3% N/A

Total Return Ranking - Trailing

Period LFVFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -0.2% 2.9% 0.92%
1 Yr -6.8% -6.8% 3.6% 100.00%
3 Yr -0.8%* -0.8% 3.4% 100.00%
5 Yr N/A* 0.4% 3.9% N/A
10 Yr N/A* 0.0% 2.2% N/A

* Annualized

Total Return Ranking - Calendar

Period LFVFX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.4% -7.4% 1.8% 100.00%
2019 0.2% -0.3% 2.5% 71.79%
2018 0.4% -51.1% 2.0% 8.93%
2017 0.9% -1.8% 2.7% 14.47%
2016 N/A -1.0% 2.9% N/A

NAV & Total Return History


LFVFX - Holdings

Concentration Analysis

LFVFX Category Low Category High LFVFX % Rank
Net Assets 47.9 M 24.8 K 21.4 B 94.50%
Number of Holdings 5 1 1941 98.62%
Net Assets in Top 10 47.9 M -617 M 11.4 B 69.59%
Weighting of Top 10 99.98% 0.0% 100.0% 0.93%

Top 10 Holdings

  1. Federated Hermes Treasury Obl IS 84.90%
  2. 8X8 Inc New 0.5% 5.22%
  3. Aurora Cannabis Inc 5.5% 4.92%
  4. CIFC Funding 2011-I Ltd. 1.87% 3.37%
  5. Hps Ln Mgmt 8-2015 Ltd / Hps Ln Mgmt FRN 1.98% 3.23%
  6. ALM XVI Ltd. 2.18% 2.80%
  7. Madison Park Funding XIII Ltd. 2.17% 2.77%
  8. United States Steel Corporation 5% 2.72%
  9. Avis Budget Car Rental LLC/Avis Budget Finance Inc. 10.5% 2.59%
  10. PALMER SQUARE LOAN FUNDING LTD 3.04% 2.49%

Asset Allocation

Weighting Return Low Return High LFVFX % Rank
Cash
84.93% 0.00% 100.00% 7.83%
Convertible Bonds
10.14% 0.00% 11.16% 0.92%
Bonds
4.94% 0.00% 100.00% 92.63%
Stocks
0.00% -0.08% 21.19% 26.27%
Preferred Stocks
0.00% 0.00% 0.00% 22.58%
Other
0.00% -11.64% 16.96% 35.48%

Bond Sector Breakdown

Weighting Return Low Return High LFVFX % Rank
Cash & Equivalents
84.93% 0.00% 100.00% 7.83%
Corporate
15.07% 0.00% 99.95% 77.42%
Derivative
0.00% 0.00% 18.66% 28.57%
Securitized
0.00% 0.00% 97.17% 86.64%
Municipal
0.00% 0.00% 76.48% 61.75%
Government
0.00% 0.00% 100.00% 77.88%

Bond Geographic Breakdown

Weighting Return Low Return High LFVFX % Rank
US
4.94% 0.00% 100.00% 92.17%
Non US
0.00% 0.00% 59.19% 88.94%

LFVFX - Expenses

Operational Fees

LFVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.08% 2.77% 4.76%
Management Fee 0.65% 0.00% 1.19% 97.71%
12b-1 Fee 0.38% 0.00% 1.00% 83.15%
Administrative Fee N/A 0.01% 0.40% 52.86%

Sales Fees

LFVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

LFVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

LFVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 248.18% 0.00% 303.00% 98.03%

LFVFX - Distributions

Dividend Yield Analysis

LFVFX Category Low Category High LFVFX % Rank
Dividend Yield 0.00% 0.00% 1.56% 34.40%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LFVFX Category Low Category High LFVFX % Rank
Net Income Ratio 2.40% -0.20% 3.01% 19.72%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

LFVFX - Fund Manager Analysis

Managers

John Lekas


Start Date

Tenure

Tenure Rank

Dec 30, 2016

4.01

4.0%

John E. Lekas serves as the portfolio manager and is responsible for the investment decisions. Prior to founding Leader Capital Corp. in 1997, He served as a portfolio manager at Smith Barney where he focused on discretionary management of bond portfolios. He received a bachelor's degree in finance from the University of Oregon.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 31.02 5.61 4.89