1WS Credit Income Fund - 1WS Credit Income Fd USD Cls A/2
Fund
OWSAX
Price as of:
$18.97
+ $0.01
+ 0.05%
Primary Theme
fund company
Name
As of 05/16/2024Price
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
Vitals
YTD Return
4.7%
1 yr return
12.9%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$N/A
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
$19.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 4.25%
SALES FEES
Front Load 3.00%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 05/16/2024Price
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
OWSAX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.86%
- Dividend Yield 8.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal Name1WS Credit Income Fund - 1WS Credit Income Fd USD Cls A/2
-
Fund Family Name1WS Capital Advisors
-
Inception DateJul 15, 2021
-
Shares Outstanding17595
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Sherr
Fund Description
OWSAX - Performance
Return Ranking - Trailing
| Period | OWSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -8.5% | 7.0% | 4.36% |
| 1 Yr | 12.9% | -7.0% | 25.7% | 2.96% |
| 3 Yr | N/A* | -17.3% | 17.1% | N/A |
| 5 Yr | N/A* | -13.1% | 15.0% | N/A |
| 10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | OWSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.0% | -12.0% | 15.7% | 27.06% |
| 2022 | -13.0% | -31.8% | 18.4% | 48.01% |
| 2021 | N/A | -26.6% | 25.7% | N/A |
| 2020 | N/A | -49.2% | 18.7% | N/A |
| 2019 | N/A | -35.1% | 15.3% | N/A |
Total Return Ranking - Trailing
| Period | OWSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -8.5% | 7.0% | 4.36% |
| 1 Yr | 12.9% | -7.0% | 25.7% | 2.96% |
| 3 Yr | N/A* | -17.3% | 17.1% | N/A |
| 5 Yr | N/A* | -13.1% | 15.0% | N/A |
| 10 Yr | N/A* | -13.6% | 6.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | OWSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.6% | -7.0% | 22.2% | 6.38% |
| 2022 | -3.0% | -31.8% | 21.1% | 16.43% |
| 2021 | N/A | -13.5% | 49.9% | N/A |
| 2020 | N/A | -28.6% | 24.1% | N/A |
| 2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
OWSAX - Holdings
Concentration Analysis
| OWSAX | Category Low | Category High | OWSAX % Rank | |
|---|---|---|---|---|
| Net Assets | N/A | 2.53 M | 143 B | N/A |
| Number of Holdings | N/A | 4 | 9868 | N/A |
| Net Assets in Top 10 | N/A | -1.57 B | 65.8 B | N/A |
| Weighting of Top 10 | N/A | 0.7% | 171.7% | N/A |
Top 10 Holdings
Asset Allocation
| Weighting | Return Low | Return High | OWSAX % Rank | |
|---|---|---|---|---|
| Stocks | 0.00% | -4.18% | 99.88% | N/A |
| Preferred Stocks | 0.00% | 0.00% | 30.46% | N/A |
| Other | 0.00% | -62.91% | 100.00% | N/A |
| Convertible Bonds | 0.00% | 0.00% | 33.50% | N/A |
| Cash | 0.00% | -94.66% | 258.91% | N/A |
| Bonds | 0.00% | -150.81% | 196.48% | N/A |
OWSAX - Expenses
Operational Fees
| OWSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 4.25% | 0.03% | 20.67% | 1.56% |
| Management Fee | 2.02% | 0.00% | 2.29% | 99.22% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 76.00% |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| OWSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.00% | 0.00% | 5.75% | 83.93% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| OWSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| OWSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 632.00% | 6.14% |
OWSAX - Distributions
Dividend Yield Analysis
| OWSAX | Category Low | Category High | OWSAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.44% | 0.00% | 13.03% | 7.62% |
Dividend Distribution Analysis
| OWSAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| OWSAX | Category Low | Category High | OWSAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.86% | -1.55% | 10.56% | 5.74% |
Capital Gain Distribution Analysis
| OWSAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 27, 2024 | $0.400 | OrdinaryDividend |
| Dec 27, 2023 | $0.400 | OrdinaryDividend |
| Sep 27, 2023 | $0.300 | OrdinaryDividend |
| Jun 28, 2023 | $0.300 | OrdinaryDividend |
| Mar 29, 2023 | $0.300 | OrdinaryDividend |
| Dec 29, 2022 | $1.150 | OrdinaryDividend |
| Sep 28, 2022 | $0.300 | OrdinaryDividend |
| Jun 29, 2022 | $0.300 | OrdinaryDividend |
| Mar 30, 2022 | $0.300 | OrdinaryDividend |
| Dec 29, 2021 | $1.100 | OrdinaryDividend |
| Sep 24, 2021 | $0.300 | OrdinaryDividend |
| Jun 25, 2021 | $0.300 | OrdinaryDividend |
OWSAX - Fund Manager Analysis
Managers
David Sherr
Start Date
Tenure
Tenure Rank
Mar 04, 2019
3.24
3.2%
Mr. Sherr founded OWS, which commenced operations in 2008, and is responsible for overseeing all aspects of the firm’s day-to-day activities. Mr. Sherr has over 30 years of experience in the investing and origination businesses, fixed income markets, and managing global trading. Prior to founding OWS, Mr. Sherr was a Managing Director and Global Head of Securitized Products at Lehman Brothers. In that capacity, Mr. Sherr had senior management responsibilities in Fixed Income, Principal Investing and Lending and Investment Banking. Mr. Sherr graduated with a B.S. in Finance from Babson College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.78 | 3.19 |