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Name

As of 12/11/2020

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

PPM Long Short Credit Fund

PKLIX | Fund

$9.41

$8.38 M

-

1.29%

Vitals

YTD Return

-4.9%

1 yr return

0.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$8.38 M

Holdings in Top 10

26.6%

52 WEEK LOW AND HIGH

$9.4
$8.10
$9.93

Expenses

OPERATING FEES

Expense Ratio 1.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 74.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2020

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

PPM Long Short Credit Fund

PKLIX | Fund

$9.41

$8.38 M

-

1.29%

PKLIX - Profile

Distributions

  • YTD Total Return -4.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.65%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PPM Long Short Credit Fund
  • Fund Family Name
    Ppm America
  • Inception Date
    Jul 16, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

PKLIX - Performance

Return Ranking - Trailing

Period PKLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.9% -6.6% 7.0% 95.65%
1 Yr 0.0% -10.9% 48.3% 95.65%
3 Yr N/A* -4.8% 10.4% N/A
5 Yr N/A* 2.1% 7.5% N/A
10 Yr N/A* 2.4% 5.0% N/A

* Annualized

Return Ranking - Calendar

Period PKLIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -5.8% 15.2% 8.89%
2022 N/A -2.9% 18.1% N/A
2021 N/A -17.9% 3.4% N/A
2020 N/A -1.5% 9.3% N/A
2019 N/A -2.1% 5.5% N/A

Total Return Ranking - Trailing

Period PKLIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.9% -6.6% 7.0% 95.65%
1 Yr 0.0% -16.1% 48.3% 95.65%
3 Yr N/A* -6.6% 10.4% N/A
5 Yr N/A* 2.1% 7.5% N/A
10 Yr N/A* 2.4% 5.0% N/A

* Annualized

Total Return Ranking - Calendar

Period PKLIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -5.8% 15.2% 8.89%
2022 N/A -2.9% 18.1% N/A
2021 N/A -17.9% 5.2% N/A
2020 N/A -1.5% 11.5% N/A
2019 N/A 0.1% 8.3% N/A

NAV & Total Return History

PKLIX - Holdings

Concentration Analysis

PKLIX Category Low Category High PKLIX % Rank
Net Assets 8.38 M 12.2 M 1.57 B 100.00%
Number of Holdings 427 2 1315 30.43%
Net Assets in Top 10 4.83 M 3.35 M 282 M 95.65%
Weighting of Top 10 26.55% 15.0% 100.0% 75.56%

Top 10 Holdings

  1. State Street Instl US Govt MMkt Premier 4.95%
  2. Verizon Communications Inc. 4.02% 4.48%
  3. Bank of America Corporation 3.95% 3.70%
  4. Bank of America Corporation 4.33% 3.69%
  5. Apple Inc. 3.2% 3.16%
  6. SPDR® Blmbg Barclays High Yield Bd ETF 2.35%
  7. Apple Inc. 1.25% 2.05%
  8. Bx Commercial Mortgage Trust 0.95% 1.93%
  9. Wells Fargo Bank, National Association 2.08% 1.84%
  10. Uruguay (Republic of) 4.38% 1.69%

Asset Allocation

Weighting Return Low Return High PKLIX % Rank
Bonds 		91.59% 0.00% 105.73% 6.52%
Cash 		5.99% -30.66% 77.46% 80.43%
Convertible Bonds 		2.18% 0.00% 21.31% 34.78%
Stocks 		0.13% -14.61% 27.21% 65.22%
Preferred Stocks 		0.11% 0.00% 4.47% 34.78%
Other 		0.00% -8.47% 53.35% 56.52%

Stock Sector Breakdown

Weighting Return Low Return High PKLIX % Rank
Energy 		73.80% 0.00% 100.00% 35.00%
Communication Services 		25.48% 0.00% 100.00% 10.00%
Utilities 		0.48% 0.00% 49.76% 17.50%
Healthcare 		0.24% 0.00% 8.78% 32.50%
Technology 		0.00% 0.00% 20.24% 72.50%
Real Estate 		0.00% 0.00% 34.80% 90.00%
Industrials 		0.00% 0.00% 19.61% 85.00%
Financial Services 		0.00% 0.00% 64.53% 80.00%
Consumer Defense 		0.00% 0.00% 99.49% 75.00%
Consumer Cyclical 		0.00% 0.00% 100.00% 82.50%
Basic Materials 		0.00% 0.00% 8.15% 72.50%

Stock Geographic Breakdown

Weighting Return Low Return High PKLIX % Rank
US 		0.13% -14.60% 27.21% 65.22%
Non US 		0.00% -0.37% 8.87% 67.39%

Bond Sector Breakdown

Weighting Return Low Return High PKLIX % Rank
Corporate 		86.46% 0.00% 85.21% 2.17%
Securitized 		6.97% 0.00% 41.37% 41.30%
Cash & Equivalents 		5.42% 0.00% 100.00% 84.78%
Government 		0.84% 0.00% 13.93% 73.91%
Municipal 		0.31% 0.00% 50.93% 19.57%
Derivative 		0.00% 0.00% 36.29% 86.96%

Bond Geographic Breakdown

Weighting Return Low Return High PKLIX % Rank
US 		78.62% 0.00% 103.07% 6.52%
Non US 		12.97% 0.00% 38.81% 50.00%

PKLIX - Expenses

Operational Fees

PKLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.90% 5.69% 91.11%
Management Fee 0.50% 0.00% 1.70% 4.35%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.06% 0.45% 30.00%

Sales Fees

PKLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PKLIX 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.

PKLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 0.00% 277.00% 21.95%

PKLIX - Distributions

Dividend Yield Analysis

PKLIX Category Low Category High PKLIX % Rank
Dividend Yield 0.00% 0.00% 3.84% 60.87%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PKLIX Category Low Category High PKLIX % Rank
Net Income Ratio 3.65% -1.06% 5.71% 33.33%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PKLIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 9.59 4.48 4.85

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