Sextant Global High Income Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.0%
1 yr return
3.5%
3 Yr Avg Return
1.7%
5 Yr Avg Return
3.2%
Net Assets
$9.41 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SGHIX - Profile
Distributions
- YTD Total Return 3.0%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.11%
- Dividend Yield 4.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSextant Global High Income Fund
-
Fund Family NameSextant Mutual Funds
-
Inception DateMar 30, 2012
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBryce Fegley
Fund Description
The Fund invests at least 80% of its net assets in a globally diversified portfolio of income-producing debt and equity securities, including preferred stocks, depositary receipts, and high-yield bonds (“junk bonds”). The Fund may invest in US and non-US government bonds. It applies a consistent, value-oriented approach to security selection, basing investment decisions on current income and expected total return, adjusted for risk. It adjusts allocations to individual securities to manage the portfolio’s fundamental risks, such as industry, country, currency, inflation, interest rate, liquidity, and credit cycle risks. In addition, the Fund will attempt to capitalize on periodic stress in leveraged credit markets, which may result in more volatile current income in exchange for more attractive long-term, risk-adjusted total return consistent with its investment objective. The Fund does not, as a principal investment strategy, target any specific maturity dates for its debt securities, but notes that high-yield bonds have a typical maturity of 3-10 years. When selecting equities, the Fund principally invests in income-producing securities of companies with market capitalizations greater than $5 billion.
Under normal circumstances, the Fund invests its assets as follows:
• | No more than 50% in common stocks |
• | No more than 50% in securities of US issuers |
• | No more than 50% in bonds rated A3 or higher |
• | No more than 33% in securities of emerging market issuers |
SGHIX - Performance
Return Ranking - Trailing
Period | SGHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -23.7% | 16.4% | 26.82% |
1 Yr | 3.5% | -8.9% | 48.3% | 26.82% |
3 Yr | 1.7%* | -2.2% | 16.4% | 91.31% |
5 Yr | 3.2%* | -0.7% | 13.4% | 78.27% |
10 Yr | 3.9%* | 0.9% | 11.8% | 72.70% |
* Annualized
Return Ranking - Calendar
Period | SGHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.5% | -40.8% | 20.6% | 29.05% |
2022 | -10.9% | -21.0% | 24.5% | 92.48% |
2021 | 8.4% | -24.2% | 27.8% | 96.73% |
2020 | -6.1% | -23.1% | 11.7% | 1.49% |
2019 | 2.7% | -100.0% | 20.6% | 27.79% |
Total Return Ranking - Trailing
Period | SGHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -23.7% | 16.4% | 25.97% |
1 Yr | 3.5% | -12.8% | 48.3% | 25.00% |
3 Yr | 1.7%* | -3.4% | 16.4% | 89.08% |
5 Yr | 3.2%* | -1.1% | 13.4% | 72.77% |
10 Yr | 3.9%* | 0.9% | 11.8% | 70.99% |
* Annualized
Total Return Ranking - Calendar
Period | SGHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.0% | -40.8% | 20.6% | 29.05% |
2022 | -7.8% | -21.0% | 24.5% | 92.48% |
2021 | 10.6% | -24.2% | 27.8% | 96.73% |
2020 | -2.7% | -23.1% | 11.7% | 3.97% |
2019 | 11.8% | -2.9% | 23.1% | 58.58% |
NAV & Total Return History
SGHIX - Holdings
Concentration Analysis
SGHIX | Category Low | Category High | SGHIX % Rank | |
---|---|---|---|---|
Net Assets | 9.41 M | 1.12 M | 110 B | 97.19% |
Number of Holdings | 37 | 2 | 10961 | 75.37% |
Net Assets in Top 10 | 3.17 M | -31.7 M | 22 B | 92.48% |
Weighting of Top 10 | 32.66% | 10.8% | 100.0% | 45.23% |
Top 10 Holdings
- Southern Copper Corporation COM 5.32%
- Skandinaviska Enskilda Banken AB (publ) SER'A'NPV 3.98%
- ANZ Group Holdings Ltd. SPONSORED ADS 3.15%
- BHP Group Ltd. SPONSORED ADS 3.12%
- Novartis AG SPONSORED ADR 3.11%
- GSK plc SPONSORED ADR 2.94%
- Nintendo Co Ltd. NPV 2.81%
- Shell PLC SPON ADS 2.81%
- YUM 3.625 03/15/31 2.79%
- SK Telecom Ltd. SPONSORED ADR 2.61%
Asset Allocation
Weighting | Return Low | Return High | SGHIX % Rank | |
---|---|---|---|---|
Stocks | 48.26% | -45.72% | 98.42% | 84.34% |
Bonds | 32.28% | -39.76% | 93.84% | 9.39% |
Cash | 17.81% | -97.12% | 185.58% | 45.09% |
Preferred Stocks | 1.65% | -0.03% | 14.00% | 99.58% |
Other | 0.00% | -1.25% | 197.12% | 98.12% |
Convertible Bonds | 0.00% | 0.00% | 25.49% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SGHIX % Rank | |
---|---|---|---|---|
Communication Services | 27.50% | 0.00% | 28.59% | 0.42% |
Basic Materials | 25.21% | 0.00% | 60.23% | 1.49% |
Financial Services | 10.44% | 0.00% | 30.34% | 75.37% |
Energy | 9.92% | 0.00% | 38.61% | 25.05% |
Healthcare | 9.88% | 0.00% | 30.30% | 65.18% |
Technology | 8.10% | 0.00% | 39.48% | 77.71% |
Consumer Cyclical | 5.53% | 0.00% | 20.84% | 63.27% |
Industrials | 3.41% | 0.09% | 32.39% | 96.82% |
Utilities | 0.00% | 0.00% | 40.29% | 100.00% |
Real Estate | 0.00% | 0.00% | 90.14% | 100.00% |
Consumer Defense | 0.00% | 0.00% | 31.85% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SGHIX % Rank | |
---|---|---|---|---|
US | 36.89% | -4.82% | 95.75% | 93.53% |
Non US | 11.36% | -46.69% | 57.06% | 22.76% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SGHIX % Rank | |
---|---|---|---|---|
Corporate | 67.75% | 0.00% | 99.90% | 9.19% |
Government | 24.33% | 0.00% | 98.64% | 65.14% |
Municipal | 1.00% | 0.00% | 31.28% | 5.22% |
Derivative | 0.00% | 0.00% | 41.88% | 99.79% |
Cash & Equivalents | 0.00% | 0.10% | 100.00% | 68.48% |
Securitized | 0.00% | 0.00% | 83.28% | 99.79% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SGHIX % Rank | |
---|---|---|---|---|
US | 32.28% | -177.12% | 87.76% | 11.27% |
Non US | 0.00% | -39.00% | 137.36% | 29.65% |
SGHIX - Expenses
Operational Fees
SGHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.16% | 2.71% | 83.30% |
Management Fee | 0.50% | 0.00% | 1.70% | 25.05% |
12b-1 Fee | N/A | 0.00% | 1.00% | 47.95% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
SGHIX 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% | 5.50% | N/A |
Trading Fees
SGHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
SGHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 0.00% | 441.00% | 14.35% |
SGHIX - Distributions
Dividend Yield Analysis
SGHIX | Category Low | Category High | SGHIX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.23% | 0.00% | 10.92% | 99.79% |
Dividend Distribution Analysis
SGHIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Monthly |
Net Income Ratio Analysis
SGHIX | Category Low | Category High | SGHIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.11% | -5.20% | 6.33% | 13.51% |
Capital Gain Distribution Analysis
SGHIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2024 | $0.321 | OrdinaryDividend |
Dec 21, 2023 | $0.433 | OrdinaryDividend |
Dec 15, 2022 | $0.342 | OrdinaryDividend |
Dec 16, 2021 | $0.215 | OrdinaryDividend |
Dec 17, 2020 | $0.359 | OrdinaryDividend |
Dec 19, 2019 | $0.401 | OrdinaryDividend |
Dec 19, 2019 | $0.229 | CapitalGainShortTerm |
Dec 19, 2019 | $0.286 | CapitalGainLongTerm |
Dec 27, 2018 | $0.392 | OrdinaryDividend |
Dec 29, 2017 | $0.304 | OrdinaryDividend |
Nov 30, 2017 | $0.006 | OrdinaryDividend |
Dec 30, 2016 | $0.441 | OrdinaryDividend |
Nov 30, 2015 | $0.372 | OrdinaryDividend |
Nov 28, 2014 | $0.203 | OrdinaryDividend |
Nov 29, 2013 | $0.386 | OrdinaryDividend |
Nov 30, 2012 | $0.095 | OrdinaryDividend |
SGHIX - Fund Manager Analysis
Managers
Bryce Fegley
Start Date
Tenure
Tenure Rank
Mar 30, 2012
10.18
10.2%
Mr. Bryce Fegley, CFA, joined Saturna Capital in 2001 and was appointed co-portfolio manager for the Global High Income Fund in 2012. From 2001 to 2009, he was Brokerage Operations Manager for Saturna Brokerage Services. From 2009 to 2012 he was President of Saturna Sdn. Bhd., a wholly-owned Malaysian subsidiary of Saturna Capital.
Patrick Drum
Start Date
Tenure
Tenure Rank
Mar 27, 2015
7.18
7.2%
Mr. Patrick T. Drum MBA, CFA®, CFP®, deputy portfolio manager of Sextant Global High Income Fund, joined Saturna Capital in 2014. He is also portfolio manager of Saturna Sustainable Bond Fund and Amana Participation Fund. From 2007 to 2014, Mr. Drum was a senior portfolio manager with the Arbor Group at UBS Financial Services specializing in the investment of non-US fixed income portfolios employing an ESG screening process.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |