Ryan Labs Long Credit
Name
As of 02/25/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-14.0%
1 yr return
9.8%
3 Yr Avg Return
10.0%
5 Yr Avg Return
9.9%
Net Assets
$64.2 M
Holdings in Top 10
16.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 134.00%
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 02/25/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RLLCX - Profile
Distributions
- YTD Total Return -14.0%
- 3 Yr Annualized Total Return 10.0%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.07%
- Dividend Yield 3.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameRyan Labs Long Credit Fund
-
Fund Family NameRyan Labs
-
Inception DateNov 13, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPhilip Mendonca
Fund Description
RLLCX - Performance
Return Ranking - Trailing
Period | RLLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.0% | -14.0% | 0.1% | 100.00% |
1 Yr | 9.8% | -2.1% | 9.8% | 2.04% |
3 Yr | 10.0%* | 5.0% | 10.3% | 4.65% |
5 Yr | 9.9%* | 3.5% | 9.9% | 2.33% |
10 Yr | N/A* | 0.2% | 10.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | RLLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 12.2% | 100.00% |
2022 | 15.6% | 0.0% | 19.0% | 37.78% |
2021 | -10.8% | -11.7% | 3.0% | 66.67% |
2020 | 6.1% | -28.2% | 8.3% | 57.89% |
2019 | 1.8% | -32.2% | 6.1% | 52.78% |
Total Return Ranking - Trailing
Period | RLLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.0% | -14.0% | 0.1% | 100.00% |
1 Yr | 9.8% | -5.5% | 9.8% | 2.04% |
3 Yr | 10.0%* | 3.8% | 10.3% | 4.65% |
5 Yr | 9.9%* | 2.8% | 9.9% | 2.33% |
10 Yr | N/A* | -0.1% | 10.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RLLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 12.2% | 100.00% |
2022 | 15.6% | 0.0% | 19.0% | 37.78% |
2021 | -10.8% | -11.7% | 3.0% | 66.67% |
2020 | 6.1% | 1.3% | 9.9% | 63.16% |
2019 | 1.8% | -32.2% | 7.3% | 61.11% |
NAV & Total Return History
RLLCX - Holdings
Concentration Analysis
RLLCX | Category Low | Category High | RLLCX % Rank | |
---|---|---|---|---|
Net Assets | 64.2 M | 13.3 M | 20.5 B | 93.75% |
Number of Holdings | 154 | 13 | 2835 | 81.25% |
Net Assets in Top 10 | 14.3 M | -111 M | 1.52 B | 85.42% |
Weighting of Top 10 | 16.77% | 3.1% | 99.7% | 56.82% |
Top 10 Holdings
- United States Treasury Bonds 1.25% 2.40%
- AT&T Inc 4.65% 2.34%
- Verizon Communications Inc. 4.86% 2.07%
- United States Treasury Bonds 2% 2.00%
- Comcast Corporation 4.6% 1.73%
- Apple Inc. 4.38% 1.69%
- CALIFORNIA ST 7.3% 1.63%
- WALMART INC 3.62% 1.62%
- Bank of America Corporation 2.68% 1.61%
- Mexico (United Mexican States) 4.75% 1.58%
Asset Allocation
Weighting | Return Low | Return High | RLLCX % Rank | |
---|---|---|---|---|
Bonds | 98.60% | 64.59% | 141.37% | 39.58% |
Convertible Bonds | 0.86% | 0.00% | 3.84% | 37.50% |
Cash | 0.54% | -41.37% | 20.64% | 64.58% |
Stocks | 0.00% | 0.00% | 15.27% | 93.75% |
Preferred Stocks | 0.00% | 0.00% | 19.04% | 91.67% |
Other | 0.00% | -0.35% | 20.34% | 77.08% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RLLCX % Rank | |
---|---|---|---|---|
Corporate | 87.46% | 0.00% | 99.74% | 27.08% |
Municipal | 6.50% | 0.00% | 100.00% | 37.50% |
Government | 5.49% | 0.00% | 43.58% | 56.25% |
Cash & Equivalents | 0.54% | 0.00% | 36.32% | 81.25% |
Derivative | 0.00% | 0.00% | 6.34% | 91.67% |
Securitized | 0.00% | 0.00% | 4.85% | 100.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RLLCX % Rank | |
---|---|---|---|---|
US | 83.42% | 50.98% | 137.90% | 66.67% |
Non US | 15.18% | 0.00% | 27.05% | 20.83% |
RLLCX - Expenses
Operational Fees
RLLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.04% | 5.20% | 54.17% |
Management Fee | 0.50% | 0.04% | 1.10% | 57.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.40% | N/A |
Sales Fees
RLLCX 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
RLLCX 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.
RLLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 134.00% | 3.00% | 447.00% | 75.51% |
RLLCX - Distributions
Dividend Yield Analysis
RLLCX | Category Low | Category High | RLLCX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.47% | 0.00% | 2.07% | 87.76% |
Dividend Distribution Analysis
RLLCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
RLLCX | Category Low | Category High | RLLCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.07% | 1.36% | 5.88% | 70.83% |
Capital Gain Distribution Analysis
RLLCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.032 | |
Feb 28, 2019 | $0.031 | |
Feb 01, 2019 | $0.032 | |
Jan 02, 2019 | $0.034 | |
Dec 03, 2018 | $0.032 | |
Oct 31, 2018 | $0.035 | |
Sep 28, 2018 | $0.030 | |
Aug 31, 2018 | $0.033 | |
Jul 31, 2018 | $0.034 | |
Jun 29, 2018 | $0.030 | |
May 31, 2018 | $0.035 | |
Apr 30, 2018 | $0.031 | |
Mar 29, 2018 | $0.030 | |
Feb 28, 2018 | $0.029 | |
Jan 31, 2018 | $0.033 | |
Dec 29, 2017 | $0.031 | |
Nov 30, 2017 | $0.030 | |
Oct 31, 2017 | $0.033 | |
Sep 29, 2017 | $0.026 | |
Aug 31, 2017 | $0.033 | |
Jul 31, 2017 | $0.032 | |
Jun 30, 2017 | $0.030 | |
May 31, 2017 | $0.032 | |
Apr 28, 2017 | $0.033 | |
Mar 31, 2017 | $0.031 | |
Feb 28, 2017 | $0.032 | |
Jan 31, 2017 | $0.031 | |
Dec 30, 2016 | $0.030 | |
Nov 30, 2016 | $0.032 | |
Oct 31, 2016 | $0.033 | |
Sep 30, 2016 | $0.033 | |
Aug 31, 2016 | $0.033 | |
Jul 29, 2016 | $0.034 | |
Jun 30, 2016 | $0.034 | |
May 31, 2016 | $0.033 | |
Apr 29, 2016 | $0.034 | |
Mar 31, 2016 | $0.036 | |
Feb 29, 2016 | $0.036 | |
Jan 29, 2016 | $0.036 | |
Dec 31, 2015 | $0.035 | |
Nov 30, 2015 | $0.011 |
RLLCX - Fund Manager Analysis
Managers
Philip Mendonca
Start Date
Tenure
Tenure Rank
Nov 13, 2015
5.22
5.2%
Philip N. Mendonca is a portfolio manager of the Long Credit Fund. Mr. Mendonca joined the SLC Management in 2003. Mr. Mendonca is Managing Director and a portfolio manager at the SLC Management responsible for the SLC Management’s structured product investments and credit strategies and also serves as co-manager of the SLC Management’s real return, short duration, core and custom liability driven investing (LDI) portfolios. Philip majored in Operations Research and minored in Finance and Mathematics at Pace University. Mr. Donelan earned a B.S. in Finance from Seton Hall and an M.B.A. from Fordham University and is a CFA charterholder.
Richard Familetti
Start Date
Tenure
Tenure Rank
Nov 13, 2015
5.22
5.2%
Richard S. Familetti, CFA is a portfolio manager of the Long Credit Fund. Mr. Familetti joined the SLC Management in 2009. Mr. Familetti is a portfolio manager and the Senior Managing Director at the SLC Management focused on credit strategies and fixed income asset allocation. Prior to joining the SLC Management, Mr. Familetti was a senior portfolio manager at Halbis Capital Management, a proprietary trader at Calyon Bank and a managing director at Credit Suisse Asset Management. Mr. Familetti earned a B.A. from Hofstra University and an M.B.A. from Fordham University and is a CFA charterholder.
Matthew Salzillo
Start Date
Tenure
Tenure Rank
Nov 13, 2015
5.22
5.2%
Matt Salzillo is a Portfolio Manager for Ryan Labs. Matt joined Ryan Labs in 2004 in the asset management department as a trader/analyst. Matt’s primary responsibilities on the asset management team are trading across asset classes in the fixed income markets, working with the portfolio management team to develop and implement strategies , and monitoring portfolio and trade compliance. Matt focuses on getting best execution across Ryan Labs’ separately managed account strategies, attempting to maximize risk-adjusted returns through favorable execution and timing. In 2013, he was promoted to Portfolio Manager focusing on Treasuries, agencies and the credit sector. He trades across all sectors in short, intermediate, long and very long maturities. Matt also monitors the new issue market for the asset management team. Matt is heavily involved in the portfolio construction process for generic and custom benchmarks. He also has responsibilities in compliance and client service. Matt graduated with a B.S. in marketing from the Stillman School of Business at Seton Hall University.
Daniel Lucey
Start Date
Tenure
Tenure Rank
Nov 13, 2015
5.22
5.2%
Mr. Lucey joined Ryan Labs in 2009. Mr. Lucey is Managing Director and Portfolio Manager at the Adviser focused on structured product investments and credit strategies and also serves as co-manager of the Adviser’s short duration, core and custom liability driven investing (LDI) portfolios. Prior to joining Ryan Labs, Mr. Lucey was a senior research analyst at Cerulli Associates and was an actuarial analyst at Fidelity Investments. Mr. Lucey earned a B.A. from the College of the Holy Cross and is a CFA charterholder
Michael Donelan
Start Date
Tenure
Tenure Rank
Nov 13, 2015
5.22
5.2%
Michael Donelan, CFA is a portfolio manager of the Funds. Mr. Donelan joined the Adviser in 2003 and is Managing Director, and a portfolio manager at the Adviser. His experience includes fundamental and technical research as well as trading a wide spectrum of fixed income securities. Prior to joining the Adviser, Mr. Donelan held positions as Principal Investment Officer for the New York State Insurance Fund, Director of Asset Management at Native Nations Asset Management, Senior Portfolio Manager with Butterfield Asset Management in Bermuda, Portfolio Manager and Trader at ABN-AMRO Bank, and trader at Brown Brothers Harriman.
Annette Serrao
Start Date
Tenure
Tenure Rank
Feb 29, 2020
0.92
0.9%
Annette Serrao is a portfolio manager. Ms. Serrao joined the Sun Life Capital Management (U.S.), LLC in 2010. Ms. Serrao is a Senior Director and a portfolio manager at the SLC Management, focused on corporate credit. Prior to being promoted to Portfolio Manager in early 2020, Ms. Serrao was a Credit Analyst. Prior to joining the SLC Management, Ms. Serrao was an associate at Tata Consultancy Services, India, Banking, Financial Services and Insurance sector (BFSI). Ms. Serrao earned a B.A. from Mumbai University and a M.B.A. from Pace University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 16.17 | 6.95 | 2.18 |