NDNCX: Navigator Duration Neutral Bond C

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NDNCX Navigator Duration Neutral Bond C


Profile

NDNCX - Profile

Vitals

  • YTD Return -3.9%
  • 3 Yr Annualized Return -1.6%
  • 5 Yr Annualized Return -1.0%
  • Net Assets $49.1 M
  • Holdings in Top 10 43.4%

52 WEEK LOW AND HIGH

$9.67
$9.30
$10.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.92%

SALES FEES

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

BROKERAGE FEES

  • Turnover 156.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000
  • IRA N/A

Fund Classification

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

Distributions

  • YTD Total Return -3.9%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Navigator Duration Neutral Bond Fund
  • Fund Family Name
    Navigator Funds
  • Inception Date
    Sep 23, 2013
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in bond instruments. It will invest primarily in municipal bond instruments. The advisor intends to be "duration neutral", meaning it seeks to provide exposure to the municipal bond market while protecting against loss of principal when interest rates rise. The fund is non-diversified.


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Categories

Performance

NDNCX - Performance

Return Ranking - Trailing

Period NDNCX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.9% -21.5% 302.0% 66.98%
1 Yr -2.8% -24.0% 304.7% 62.89%
3 Yr -1.6%* -12.1% 58.6% 58.14%
5 Yr -1.0%* -6.7% 33.2% 68.66%
10 Yr N/A* -4.9% 14.8% N/A

* Annualized

Return Ranking - Calendar

Period NDNCX Return Category Return Low Category Return High Rank in Category (%)
2019 2.5% -7.4% 12.4% 54.18%
2018 -3.5% -9.2% 0.8% 42.86%
2017 0.5% -12.3% 9.4% 67.20%
2016 -1.9% -2.8% 10.7% 98.70%
2015 1.1% -11.1% 4.8% 5.50%

Total Return Ranking - Trailing

Period NDNCX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.9% -21.5% 302.0% 67.28%
1 Yr -2.8% -24.0% 304.7% 62.89%
3 Yr -1.3%* -9.0% 62.5% 64.34%
5 Yr -0.5%* -4.3% 37.0% 68.66%
10 Yr N/A* -4.9% 20.0% N/A

* Annualized

Total Return Ranking - Calendar

Period NDNCX Return Category Return Low Category Return High Rank in Category (%)
2019 2.5% -7.0% 12.6% 58.53%
2018 -3.3% -9.2% 4.8% 60.15%
2017 1.8% -3.1% 15.2% 55.60%
2016 -1.3% -2.8% 17.7% 98.70%
2015 1.6% -10.1% 5.4% 11.00%

NAV & Total Return History


Holdings

NDNCX - Holdings

Concentration Analysis

NDNCX Category Low Category High NDNCX % Rank
Net Assets 49.1 M 2.88 M 32.4 B 83.77%
Number of Holdings 40 1 5115 85.44%
Net Assets in Top 10 24.2 M -3.43 B 10 B 61.08%
Weighting of Top 10 43.41% 11.1% 866.9% 43.12%

Top 10 Holdings

  1. TEXAS ST 5% 7.51%
  2. COLONIAL PA SCH DIST 5% 4.55%
  3. SAN ANTONIO TEX ELEC & GAS REV 5% 4.35%
  4. DISTRICT COLUMBIA 5% 4.33%
  5. HOUSTON TEX UTIL SYS REV 5% 4.32%
  6. DALLAS TEX AREA RAPID TRAN SALES TAX REV 5% 4.30%
  7. SAN ANTONIO TEX WTR REV 5% 4.26%
  8. VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 4.38% 3.85%
  9. WASHINGTON D C MET AREA TRAN AUTH GROSS REV 5% 3.06%
  10. TOMBALL TEX INDPT SCH DIST 5% 2.87%

Asset Allocation

Weighting Return Low Return High NDNCX % Rank
Bonds
82.60% -2367.93% 258.37% 51.27%
Cash
17.40% -164.01% 2217.71% 34.18%
Stocks
0.00% -71.93% 249.29% 52.85%
Preferred Stocks
0.00% 0.00% 23.00% 39.56%
Other
0.00% -15.28% 43.46% 47.78%
Convertible Bonds
0.00% -1.28% 141.94% 73.42%

Bond Sector Breakdown

Weighting Return Low Return High NDNCX % Rank
Municipal
80.02% 0.00% 80.02% 0.32%
Cash & Equivalents
17.40% -103.66% 100.00% 40.19%
Derivative
2.58% -238.73% 68.05% 38.29%
Securitized
0.00% 0.00% 95.98% 83.54%
Corporate
0.00% 0.00% 95.75% 92.41%
Government
0.00% -7.42% 398.07% 88.92%

Bond Geographic Breakdown

Weighting Return Low Return High NDNCX % Rank
US
82.60% -458.01% 190.23% 18.04%
Non US
0.00% -2231.74% 219.61% 86.08%

Expenses

NDNCX - Expenses

Operational Fees

NDNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.92% 0.01% 14.61% 22.68%
Management Fee 0.55% 0.00% 2.15% 26.14%
12b-1 Fee 1.00% 0.00% 1.00% 76.84%
Administrative Fee N/A 0.03% 0.45% 15.65%

Sales Fees

NDNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NDNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% 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.

NDNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 156.00% 2.00% 532.00% 71.13%

Distributions

NDNCX - Distributions

Dividend Yield Analysis

NDNCX Category Low Category High NDNCX % Rank
Dividend Yield 0.00% 0.00% 4.58% 11.55%

Dividend Distribution Analysis

NDNCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

NDNCX Category Low Category High NDNCX % Rank
Net Income Ratio 1.02% -0.23% 6.94% 96.52%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NDNCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.68 5.68 1.67