Rockefeller Interm TxExmpt Ntnl Bd Instl
Name
As of 08/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.0%
1 yr return
-7.3%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
0.9%
Net Assets
$69.3 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.32%
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 08/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RCTEX - Profile
Distributions
- YTD Total Return -8.0%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.38%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameRockefeller Intermediate Tax Exempt National Bond Fund
-
Fund Family NameRockefeller & Co.
-
Inception DateDec 26, 2013
-
Shares Outstanding7266007
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Kello
Fund Description
RCTEX - Performance
Return Ranking - Trailing
Period | RCTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.0% | -86.8% | 7.5% | 37.14% |
1 Yr | -7.3% | -16.3% | 15.7% | 68.54% |
3 Yr | -0.2%* | -6.2% | 10.3% | 77.55% |
5 Yr | 0.9%* | -3.5% | 5.7% | 78.44% |
10 Yr | N/A* | -0.6% | 8.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | RCTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.9% | -91.1% | 101.7% | 89.78% |
2022 | 2.7% | -79.2% | 310.0% | 18.92% |
2021 | 3.8% | -66.1% | 15.4% | 37.61% |
2020 | -0.5% | -57.4% | 97.2% | 25.55% |
2019 | 1.3% | -100.0% | 6.8% | 44.49% |
Total Return Ranking - Trailing
Period | RCTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.0% | -86.8% | 7.5% | 35.76% |
1 Yr | -7.3% | -16.3% | 23.6% | 58.34% |
3 Yr | -0.2%* | -7.0% | 11.5% | 66.18% |
5 Yr | 0.9%* | -4.0% | 5.7% | 68.18% |
10 Yr | N/A* | -0.6% | 8.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RCTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.9% | -91.1% | 101.7% | 89.78% |
2022 | 2.7% | -79.2% | 310.0% | 18.96% |
2021 | 3.8% | -66.1% | 15.4% | 38.72% |
2020 | -0.5% | -57.4% | 97.2% | 28.87% |
2019 | 1.3% | -48.8% | 7.0% | 47.82% |
NAV & Total Return History
RCTEX - Holdings
Concentration Analysis
RCTEX | Category Low | Category High | RCTEX % Rank | |
---|---|---|---|---|
Net Assets | 69.3 M | 1.23 M | 73.9 B | 89.84% |
Number of Holdings | 56 | 1 | 14000 | 72.71% |
Net Assets in Top 10 | 23.5 M | -317 M | 8.64 B | 60.83% |
Weighting of Top 10 | 32.73% | 2.4% | 100.0% | 30.72% |
Top 10 Holdings
- ALASKA HSG FIN CORP MTG REV 5% 4.11%
- TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 4.03%
- ILLINOIS FIN AUTH REV 4% 3.80%
- Houston Tex 5% 3.26%
- MASSACHUSETTS ST DEV FIN AGY REV 5% 3.18%
- CHICAGO ILL O HARE INTL ARPT REV 5% 3.06%
- MASSACHUSETTS ST 4% 3.06%
- SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% 2.94%
- PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV 3.2% 2.90%
- OHIO ST WTR DEV AUTH REV 5% 2.88%
Asset Allocation
Weighting | Return Low | Return High | RCTEX % Rank | |
---|---|---|---|---|
Bonds | 99.94% | 0.00% | 150.86% | 30.50% |
Cash | 0.06% | -50.86% | 100.00% | 58.71% |
Stocks | 0.00% | -0.03% | 4.63% | 73.17% |
Preferred Stocks | 0.00% | -1.79% | 0.04% | 71.42% |
Other | 0.00% | -13.03% | 30.01% | 71.73% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 71.91% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RCTEX % Rank | |
---|---|---|---|---|
Municipal | 99.94% | 0.00% | 100.00% | 34.07% |
Cash & Equivalents | 0.06% | 0.00% | 100.00% | 64.11% |
Derivative | 0.00% | 0.00% | 21.68% | 77.23% |
Securitized | 0.00% | 0.00% | 5.93% | 72.49% |
Corporate | 0.00% | 0.00% | 9.99% | 77.49% |
Government | 0.00% | 0.00% | 52.02% | 73.46% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RCTEX % Rank | |
---|---|---|---|---|
US | 99.94% | 0.00% | 142.23% | 16.79% |
Non US | 0.00% | 0.00% | 62.14% | 94.11% |
RCTEX - Expenses
Operational Fees
RCTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.02% | 3.60% | 38.75% |
Management Fee | 0.35% | 0.00% | 1.10% | 28.49% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | 44.17% |
Sales Fees
RCTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 4.90% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
RCTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 25.37% |
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.
RCTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 17.32% | 0.00% | 283.00% | 52.60% |
RCTEX - Distributions
Dividend Yield Analysis
RCTEX | Category Low | Category High | RCTEX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.37% | 0.00% | 35.27% | 1.20% |
Dividend Distribution Analysis
RCTEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
RCTEX | Category Low | Category High | RCTEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.38% | -0.53% | 24.00% | 76.06% |
Capital Gain Distribution Analysis
RCTEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 29, 2022 | $0.033 | OrdinaryDividend |
Jun 28, 2022 | $0.038 | OrdinaryDividend |
Mar 29, 2022 | $0.034 | OrdinaryDividend |
Dec 28, 2021 | $0.253 | OrdinaryDividend |
Sep 21, 2021 | $0.034 | OrdinaryDividend |
Jun 22, 2021 | $0.035 | OrdinaryDividend |
Mar 23, 2021 | $0.034 | OrdinaryDividend |
Dec 29, 2020 | $0.116 | OrdinaryDividend |
Sep 22, 2020 | $0.037 | OrdinaryDividend |
Jun 23, 2020 | $0.037 | OrdinaryDividend |
Mar 24, 2020 | $0.036 | OrdinaryDividend |
Sep 23, 2019 | $0.001 | OrdinaryDividend |
Jun 24, 2019 | $0.041 | OrdinaryDividend |
Mar 26, 2019 | $0.038 | OrdinaryDividend |
Dec 28, 2018 | $0.040 | OrdinaryDividend |
Sep 24, 2018 | $0.032 | OrdinaryDividend |
Jun 25, 2018 | $0.029 | OrdinaryDividend |
Mar 26, 2018 | $0.025 | OrdinaryDividend |
Sep 25, 2017 | $0.022 | OrdinaryDividend |
Jun 26, 2017 | $0.021 | OrdinaryDividend |
Mar 24, 2017 | $0.021 | OrdinaryDividend |
Sep 23, 2016 | $0.020 | OrdinaryDividend |
Jun 24, 2016 | $0.018 | OrdinaryDividend |
Mar 24, 2016 | $0.018 | OrdinaryDividend |
Sep 25, 2015 | $0.013 | OrdinaryDividend |
Jun 25, 2015 | $0.008 | OrdinaryDividend |
Mar 25, 2015 | $0.009 | OrdinaryDividend |
Sep 24, 2014 | $0.009 | OrdinaryDividend |
Jun 24, 2014 | $0.017 | OrdinaryDividend |
Mar 25, 2014 | $0.020 | OrdinaryDividend |
RCTEX - Fund Manager Analysis
Managers
Andrew Kello
Start Date
Tenure
Tenure Rank
Sep 27, 2016
5.68
5.7%
Andrew M. Kello, is a Portfolio Manager for Fixed Income within the Investment Group. Prior to joining Rockefeller in 2006 as a Portfolio Engineer, Mr. Kello worked at UBS Financial Services, Inc. as an Investment Associate for the Institutional Sales Group. He was also a Financial Advisor in their Private Client Group and a Client Service Associate. Mr. Kello holds a B.S. in Organizational Communication from Northeastern University.
Stefan Langer
Start Date
Tenure
Tenure Rank
Mar 30, 2021
1.17
1.2%
Stefan Langer, CFA® is an Associate Portfolio Manager within the Adviser’s Fixed Income Team. He has served as a co-portfolio manager of the Rockefeller Intermediate Tax-Exempt National Bond Fund and Rockefeller Intermediate Tax-Exempt New York Bond Fund since March 2021. Prior to this role, he was a Municipal Credit Analyst responsible for maintaining a municipal bond credit database, analyzing new credits, and surveilling current issuer holdings. Prior to joining the Adviser in 2013, he worked at UBS Financial Services Inc. as a portfolio management intern. Mr. Langer holds a B.S. in Business Administration with concentrations in Finance & Investments and graduated with distinction from the University of North Carolina at Chapel Hill.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.22 | 1.58 |