TSW High Yield Bond Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.3%
1 yr return
12.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$13.1 M
Holdings in Top 10
26.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
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 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TSWHX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTSW High Yield Bond Fund
-
Fund Family NameJOHCM Funds
-
Inception DateOct 26, 2021
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWilliam Bellamy
Fund Description
TSWHX - Performance
Return Ranking - Trailing
Period | TSWHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.3% | -4.9% | 8.2% | 10.45% |
1 Yr | 12.5% | -4.3% | 26.0% | 22.22% |
3 Yr | N/A* | -15.6% | 20.6% | N/A |
5 Yr | N/A* | -11.2% | 37.3% | N/A |
10 Yr | N/A* | -4.7% | 19.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | TSWHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -4.7% | 14.3% | 19.41% |
2022 | -14.8% | -33.4% | 3.6% | 36.21% |
2021 | N/A | -8.4% | 14.9% | N/A |
2020 | N/A | -13.9% | 302.7% | N/A |
2019 | N/A | -4.4% | 13.3% | N/A |
Total Return Ranking - Trailing
Period | TSWHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.3% | -4.9% | 8.2% | 10.45% |
1 Yr | 12.5% | -4.3% | 26.0% | 22.22% |
3 Yr | N/A* | -15.6% | 20.6% | N/A |
5 Yr | N/A* | -11.2% | 37.3% | N/A |
10 Yr | N/A* | -4.7% | 19.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TSWHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.3% | -4.7% | 18.7% | 20.34% |
2022 | -9.7% | -33.4% | 47.8% | 33.07% |
2021 | N/A | -8.4% | 24.8% | N/A |
2020 | N/A | -9.6% | 325.6% | N/A |
2019 | N/A | -3.8% | 21.5% | N/A |
NAV & Total Return History
TSWHX - Holdings
Concentration Analysis
TSWHX | Category Low | Category High | TSWHX % Rank | |
---|---|---|---|---|
Net Assets | 13.1 M | 1.85 M | 22.6 B | 98.31% |
Number of Holdings | 58 | 2 | 2736 | 97.69% |
Net Assets in Top 10 | 2.33 M | -492 M | 4.45 B | 98.77% |
Weighting of Top 10 | 26.30% | 4.2% | 149.6% | 10.49% |
Top 10 Holdings
- VSTO 4.5 03/15/29 144A 3.43%
- Northern Inst Fds TREAS PRT PRMR 3.33%
- PR 9.875 07/15/31 144A 3.13%
- ACI 4.625 01/15/27 144A 2.74%
- POWSOL 6.25 05/15/26 144A 2.53%
- SNEX 8.625 06/15/25 144A 2.28%
- STENA 6.125 02/01/25 144A 2.24%
- RITM 6.25 10/15/25 144A 2.22%
- NCLH 5.875 03/15/26 144A 2.20%
- FWRD 9.5 10/15/31 144A 2.20%
Asset Allocation
Weighting | Return Low | Return High | TSWHX % Rank | |
---|---|---|---|---|
Bonds | 95.69% | -3.13% | 154.38% | 37.94% |
Cash | 4.31% | -52.00% | 49.49% | 39.35% |
Stocks | 0.00% | 0.00% | 99.61% | 99.08% |
Preferred Stocks | 0.00% | 0.00% | 8.06% | 97.99% |
Other | 0.00% | -63.70% | 102.57% | 84.41% |
Convertible Bonds | 0.00% | 0.00% | 17.89% | 99.85% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TSWHX % Rank | |
---|---|---|---|---|
Corporate | 96.37% | 0.00% | 129.69% | 35.55% |
Cash & Equivalents | 3.33% | 0.00% | 49.49% | 41.20% |
Derivative | 0.00% | -15.04% | 42.26% | 81.64% |
Securitized | 0.00% | 0.00% | 97.24% | 97.84% |
Municipal | 0.00% | 0.00% | 4.66% | 95.98% |
Government | 0.00% | 0.00% | 99.07% | 96.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TSWHX % Rank | |
---|---|---|---|---|
US | 95.69% | -3.13% | 129.21% | 24.85% |
Non US | 0.00% | 0.00% | 97.33% | 97.84% |
TSWHX - Expenses
Operational Fees
TSWHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.04% | 31.61% | 29.17% |
Management Fee | 0.50% | 0.00% | 1.84% | 37.08% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
TSWHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TSWHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
TSWHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 1.00% | 255.00% | N/A |
TSWHX - Distributions
Dividend Yield Analysis
TSWHX | Category Low | Category High | TSWHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 35.52% | 55.52% |
Dividend Distribution Analysis
TSWHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
TSWHX | Category Low | Category High | TSWHX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 14.30% | N/A |
Capital Gain Distribution Analysis
TSWHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.043 | OrdinaryDividend |
Jan 31, 2024 | $0.046 | OrdinaryDividend |
Dec 29, 2023 | $0.046 | OrdinaryDividend |
Nov 30, 2023 | $0.044 | OrdinaryDividend |
Oct 31, 2023 | $0.047 | OrdinaryDividend |
Sep 29, 2023 | $0.044 | OrdinaryDividend |
Aug 31, 2023 | $0.045 | OrdinaryDividend |
Jul 31, 2023 | $0.045 | OrdinaryDividend |
Jun 30, 2023 | $0.043 | OrdinaryDividend |
May 31, 2023 | $0.044 | OrdinaryDividend |
Apr 28, 2023 | $0.043 | OrdinaryDividend |
Mar 31, 2023 | $0.043 | OrdinaryDividend |
Feb 28, 2023 | $0.042 | OrdinaryDividend |
Jan 31, 2023 | $0.041 | OrdinaryDividend |
Dec 30, 2022 | $0.041 | OrdinaryDividend |
Nov 30, 2022 | $0.041 | OrdinaryDividend |
Oct 31, 2022 | $0.039 | OrdinaryDividend |
Sep 30, 2022 | $0.039 | OrdinaryDividend |
Aug 31, 2022 | $0.041 | OrdinaryDividend |
Jul 29, 2022 | $0.040 | OrdinaryDividend |
Jun 30, 2022 | $0.039 | OrdinaryDividend |
May 31, 2022 | $0.039 | OrdinaryDividend |
Apr 29, 2022 | $0.038 | OrdinaryDividend |
Mar 31, 2022 | $0.039 | OrdinaryDividend |
Feb 28, 2022 | $0.036 | OrdinaryDividend |
Jan 31, 2022 | $0.040 | OrdinaryDividend |
Dec 31, 2021 | $0.044 | OrdinaryDividend |
Nov 30, 2021 | $0.038 | OrdinaryDividend |
Oct 29, 2021 | $0.006 | OrdinaryDividend |
TSWHX - Fund Manager Analysis
Managers
William Bellamy
Start Date
Tenure
Tenure Rank
Oct 24, 2021
0.6
0.6%
Bill Bellamy is the Director of Income Strategies and is responsible for overseeing all fixed income management including investment grade, high yield, core plus, and municipal bonds. He is the Portfolio Manager for the TS&W Core Plus Fixed Income strategy. Bill began his career in the investment industry in 1987. Prior to joining TS&W in 2002, he was a Fixed Income Portfolio Manager at Trusco Capital Management managing total return oriented institutional accounts. Previously Bill was a Vice President of Institutional Fixed Income for First Union Capital Markets and Clayton Brown & Associates, after beginning his career in Institutional Sales and Trading at Merrill Lynch. He earned his undergraduate degree from Cornell University and his MBA from The Fuqua School of Business at Duke University. He holds the Chartered Financial Analyst® designation and is a member of the Association for Investment Management and Research as well as the Richmond Society of Financial Analysts.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.12 | 8.17 |