Medalist Partners MBS Total Return Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
14.1%
3 Yr Avg Return
2.0%
5 Yr Avg Return
0.8%
Net Assets
$237 M
Holdings in Top 10
29.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 78.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SEMMX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 0.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.02%
- Dividend Yield 6.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameMedalist Partners MBS Total Return Fund
-
Fund Family NameSemper
-
Inception DateJul 22, 2013
-
Shares Outstanding63320143
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas Mandel
Fund Description
SEMMX - Performance
Return Ranking - Trailing
Period | SEMMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -6.5% | 5.7% | 3.40% |
1 Yr | 14.1% | -9.3% | 24.0% | 2.16% |
3 Yr | 2.0%* | -16.7% | 18.1% | 18.37% |
5 Yr | 0.8%* | -13.0% | 15.2% | 80.11% |
10 Yr | 2.8%* | -13.4% | 6.7% | 32.04% |
* Annualized
Return Ranking - Calendar
Period | SEMMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -12.0% | 15.7% | 47.84% |
2022 | -18.1% | -31.8% | 18.4% | 92.09% |
2021 | 3.6% | -26.6% | 25.7% | 2.29% |
2020 | -11.2% | -49.2% | 18.7% | 98.59% |
2019 | -0.2% | -35.1% | 15.3% | 93.14% |
Total Return Ranking - Trailing
Period | SEMMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -6.5% | 5.7% | 3.40% |
1 Yr | 14.1% | -9.3% | 24.0% | 2.16% |
3 Yr | 2.0%* | -16.7% | 18.1% | 18.37% |
5 Yr | 0.8%* | -13.0% | 15.2% | 80.11% |
10 Yr | 2.8%* | -13.4% | 6.7% | 32.04% |
* Annualized
Total Return Ranking - Calendar
Period | SEMMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.5% | -7.0% | 22.2% | 2.31% |
2022 | -13.0% | -31.8% | 21.1% | 86.87% |
2021 | 7.3% | -13.5% | 49.9% | 5.56% |
2020 | -6.8% | -28.6% | 24.1% | 97.00% |
2019 | 5.4% | -4.8% | 19.1% | 82.48% |
NAV & Total Return History
SEMMX - Holdings
Concentration Analysis
SEMMX | Category Low | Category High | SEMMX % Rank | |
---|---|---|---|---|
Net Assets | 237 M | 2.32 M | 127 B | 69.15% |
Number of Holdings | 121 | 2 | 10577 | 78.15% |
Net Assets in Top 10 | 57.6 M | -1.57 B | 65.8 B | 71.62% |
Weighting of Top 10 | 29.41% | 0.7% | 170.6% | 47.99% |
Top 10 Holdings
- GreenPoint Mortgage Funding Trust 2005-AR4 7.23%
- LSTAR Securities Investment Ltd 2023-1 5.28%
- Freddie Mac Multifamily Structured Credit Risk 2.87%
- Towd Point Mortgage Trust 2019-HY1 2.72%
- JP Morgan Mortgage Trust 2019-HYB1 2.44%
- Towd Point Mortgage Trust 2019-HY3 2.22%
- CSMC 2020-AFC1 Trust 2.06%
- Freddie Mac Multifamily Structured Credit Risk 1.55%
- CSMC 2020-AFC1 Trust 1.52%
- PMT Issuer Trust - FMSR 1.51%
Asset Allocation
Weighting | Return Low | Return High | SEMMX % Rank | |
---|---|---|---|---|
Bonds | 83.43% | -150.81% | 203.29% | 62.52% |
Other | 10.21% | -72.32% | 100.00% | 25.80% |
Cash | 6.36% | -94.66% | 258.91% | 33.38% |
Stocks | 0.00% | -1.60% | 99.88% | 79.67% |
Preferred Stocks | 0.00% | 0.00% | 30.46% | 57.51% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 88.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SEMMX % Rank | |
---|---|---|---|---|
Securitized | 96.20% | 0.00% | 99.65% | 0.63% |
Cash & Equivalents | 0.87% | 0.00% | 88.14% | 74.28% |
Corporate | 0.53% | 0.00% | 96.66% | 91.08% |
Derivative | 0.00% | -72.32% | 37.37% | 44.60% |
Municipal | 0.00% | 0.00% | 54.26% | 54.15% |
Government | 0.00% | 0.00% | 99.43% | 89.20% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SEMMX % Rank | |
---|---|---|---|---|
US | 83.43% | -151.11% | 203.29% | 40.67% |
Non US | 0.00% | 0.00% | 67.77% | 76.33% |
SEMMX - Expenses
Operational Fees
SEMMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.01% | 20.67% | 69.29% |
Management Fee | 0.60% | 0.00% | 2.29% | 48.64% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | 27.21% |
Sales Fees
SEMMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SEMMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
SEMMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 78.00% | 0.00% | 632.00% | 47.25% |
SEMMX - Distributions
Dividend Yield Analysis
SEMMX | Category Low | Category High | SEMMX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.74% | 0.00% | 18.15% | 3.61% |
Dividend Distribution Analysis
SEMMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
SEMMX | Category Low | Category High | SEMMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.02% | -1.55% | 11.51% | 47.00% |
Capital Gain Distribution Analysis
SEMMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.046 | OrdinaryDividend |
Jan 31, 2024 | $0.049 | OrdinaryDividend |
Dec 29, 2023 | $0.050 | OrdinaryDividend |
Dec 27, 2023 | $0.006 | OrdinaryDividend |
Nov 30, 2023 | $0.063 | OrdinaryDividend |
Oct 31, 2023 | $0.057 | OrdinaryDividend |
Sep 29, 2023 | $0.063 | OrdinaryDividend |
Aug 31, 2023 | $0.064 | OrdinaryDividend |
Jul 31, 2023 | $0.063 | OrdinaryDividend |
Jun 30, 2023 | $0.053 | OrdinaryDividend |
May 31, 2023 | $0.066 | OrdinaryDividend |
Apr 28, 2023 | $0.064 | OrdinaryDividend |
Mar 31, 2023 | $0.061 | OrdinaryDividend |
Feb 28, 2023 | $0.059 | OrdinaryDividend |
Jan 31, 2023 | $0.057 | OrdinaryDividend |
Dec 30, 2022 | $0.054 | OrdinaryDividend |
Dec 28, 2022 | $0.016 | OrdinaryDividend |
Nov 30, 2022 | $0.056 | OrdinaryDividend |
Oct 31, 2022 | $0.049 | OrdinaryDividend |
Sep 30, 2022 | $0.048 | OrdinaryDividend |
Aug 31, 2022 | $0.046 | OrdinaryDividend |
Jul 29, 2022 | $0.038 | OrdinaryDividend |
Jun 30, 2022 | $0.040 | OrdinaryDividend |
May 31, 2022 | $0.036 | OrdinaryDividend |
Apr 29, 2022 | $0.026 | OrdinaryDividend |
Mar 31, 2022 | $0.029 | OrdinaryDividend |
Feb 28, 2022 | $0.024 | OrdinaryDividend |
Jan 31, 2022 | $0.029 | OrdinaryDividend |
Dec 31, 2021 | $0.026 | OrdinaryDividend |
Nov 30, 2021 | $0.027 | OrdinaryDividend |
Oct 29, 2021 | $0.029 | OrdinaryDividend |
Sep 30, 2021 | $0.027 | OrdinaryDividend |
Aug 31, 2021 | $0.026 | OrdinaryDividend |
Jul 30, 2021 | $0.024 | OrdinaryDividend |
Jun 30, 2021 | $0.023 | OrdinaryDividend |
May 28, 2021 | $0.023 | OrdinaryDividend |
Apr 30, 2021 | $0.022 | OrdinaryDividend |
Mar 31, 2021 | $0.026 | OrdinaryDividend |
Feb 26, 2021 | $0.027 | OrdinaryDividend |
Jan 29, 2021 | $0.030 | OrdinaryDividend |
Dec 31, 2020 | $0.031 | OrdinaryDividend |
Nov 30, 2020 | $0.032 | OrdinaryDividend |
Oct 30, 2020 | $0.031 | OrdinaryDividend |
Sep 30, 2020 | $0.029 | OrdinaryDividend |
Aug 31, 2020 | $0.029 | OrdinaryDividend |
Jul 31, 2020 | $0.025 | OrdinaryDividend |
Jun 30, 2020 | $0.032 | OrdinaryDividend |
May 29, 2020 | $0.041 | OrdinaryDividend |
Apr 30, 2020 | $0.038 | OrdinaryDividend |
Mar 31, 2020 | $0.037 | OrdinaryDividend |
Feb 28, 2020 | $0.037 | OrdinaryDividend |
Jan 31, 2020 | $0.038 | OrdinaryDividend |
Dec 31, 2019 | $0.041 | OrdinaryDividend |
Dec 27, 2019 | $0.000 | ExtraDividend |
Nov 29, 2019 | $0.038 | OrdinaryDividend |
Oct 31, 2019 | $0.043 | OrdinaryDividend |
Sep 30, 2019 | $0.041 | OrdinaryDividend |
Aug 30, 2019 | $0.040 | OrdinaryDividend |
Jul 31, 2019 | $0.045 | OrdinaryDividend |
Jun 28, 2019 | $0.043 | DailyAccrualFund |
May 31, 2019 | $0.043 | DailyAccrualFund |
Apr 30, 2019 | $0.051 | DailyAccrualFund |
Mar 29, 2019 | $0.047 | DailyAccrualFund |
Feb 28, 2019 | $0.042 | DailyAccrualFund |
Jan 31, 2019 | $0.044 | DailyAccrualFund |
Dec 31, 2018 | $0.050 | DailyAccrualFund |
Nov 30, 2018 | $0.049 | DailyAccrualFund |
Aug 31, 2018 | $0.045 | DailyAccrualFund |
Jul 31, 2018 | $0.054 | DailyAccrualFund |
Jun 29, 2018 | $0.050 | DailyAccrualFund |
May 31, 2018 | $0.051 | DailyAccrualFund |
Apr 30, 2018 | $0.049 | DailyAccrualFund |
Mar 29, 2018 | $0.057 | DailyAccrualFund |
Feb 28, 2018 | $0.059 | DailyAccrualFund |
Jan 31, 2018 | $0.054 | DailyAccrualFund |
Dec 29, 2017 | $0.051 | DailyAccrualFund |
Dec 27, 2017 | $0.012 | ExtraDividend |
Nov 30, 2017 | $0.046 | OrdinaryDividend |
Oct 31, 2017 | $0.043 | OrdinaryDividend |
Sep 29, 2017 | $0.030 | OrdinaryDividend |
Aug 31, 2017 | $0.043 | OrdinaryDividend |
Jul 31, 2017 | $0.051 | OrdinaryDividend |
Jun 30, 2017 | $0.048 | OrdinaryDividend |
May 31, 2017 | $0.048 | OrdinaryDividend |
Apr 28, 2017 | $0.050 | OrdinaryDividend |
Mar 31, 2017 | $0.040 | OrdinaryDividend |
Feb 28, 2017 | $0.044 | OrdinaryDividend |
Jan 31, 2017 | $0.054 | OrdinaryDividend |
Dec 30, 2016 | $0.053 | OrdinaryDividend |
Nov 30, 2016 | $0.052 | OrdinaryDividend |
Oct 31, 2016 | $0.052 | OrdinaryDividend |
Sep 30, 2016 | $0.049 | OrdinaryDividend |
Aug 31, 2016 | $0.062 | OrdinaryDividend |
Jul 29, 2016 | $0.066 | OrdinaryDividend |
Jun 30, 2016 | $0.062 | OrdinaryDividend |
May 31, 2016 | $0.057 | OrdinaryDividend |
Apr 29, 2016 | $0.028 | OrdinaryDividend |
Mar 31, 2016 | $0.057 | OrdinaryDividend |
Feb 29, 2016 | $0.065 | OrdinaryDividend |
Jan 29, 2016 | $0.058 | OrdinaryDividend |
Dec 31, 2015 | $0.045 | OrdinaryDividend |
Nov 30, 2015 | $0.053 | OrdinaryDividend |
Oct 30, 2015 | $0.045 | OrdinaryDividend |
Sep 30, 2015 | $0.041 | OrdinaryDividend |
Aug 31, 2015 | $0.051 | OrdinaryDividend |
Jul 31, 2015 | $0.044 | OrdinaryDividend |
Jun 30, 2015 | $0.054 | OrdinaryDividend |
May 29, 2015 | $0.047 | OrdinaryDividend |
Apr 30, 2015 | $0.047 | OrdinaryDividend |
Mar 31, 2015 | $0.064 | OrdinaryDividend |
Feb 27, 2015 | $0.047 | OrdinaryDividend |
Jan 30, 2015 | $0.043 | OrdinaryDividend |
Dec 31, 2014 | $0.050 | OrdinaryDividend |
Nov 28, 2014 | $0.038 | OrdinaryDividend |
Oct 31, 2014 | $0.049 | OrdinaryDividend |
Sep 30, 2014 | $0.040 | OrdinaryDividend |
Aug 29, 2014 | $0.057 | OrdinaryDividend |
Jul 31, 2014 | $0.053 | OrdinaryDividend |
Jun 30, 2014 | $0.047 | OrdinaryDividend |
May 30, 2014 | $0.044 | OrdinaryDividend |
Apr 30, 2014 | $0.047 | OrdinaryDividend |
Mar 31, 2014 | $0.059 | OrdinaryDividend |
Feb 28, 2014 | $0.057 | OrdinaryDividend |
Jan 31, 2014 | $0.055 | OrdinaryDividend |
Dec 31, 2013 | $0.048 | OrdinaryDividend |
Nov 29, 2013 | $0.026 | OrdinaryDividend |
Oct 31, 2013 | $0.033 | OrdinaryDividend |
Sep 30, 2013 | $0.025 | OrdinaryDividend |
SEMMX - Fund Manager Analysis
Managers
Thomas Mandel
Start Date
Tenure
Tenure Rank
Jan 13, 2015
7.38
7.4%
Thomas Mandel, CFA and Senior Managing Director, co-founded Semper Capital Management in 1992 and was Chief Investment Officer from from 1992-2005. He remains a senior member of the investment team as well as having primary responsibility for client interface with respect to our investment strategies. Tom serves on the Risk Management Committee. Prior to founding Semper Capital, Tom served as a Principal and Fixed Income Portfolio Manager at 1838 Investment Advisors. He previously served as a Senior Vice President and Portfolio Manager at Century Institutional Advisors. Tom began his career as a Portfolio Manager and Credit Analyst at Chase Investors Management Corp. Tom earned an MBA and a BS from the Wharton School, University of Pennsylvania.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |