Osterweis Short Duration Credit Fund
Name
As of 12/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.0%
1 yr return
0.3%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
0.4%
Net Assets
$73.5 M
Holdings in Top 10
99.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$1,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/15/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ZEOIX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.28%
- Dividend Yield 2.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameOsterweis Short Duration Credit Fund
-
Fund Family NameZeo
-
Inception DateJun 01, 2011
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVenkatesh Reddy
Fund Description
ZEOIX - Performance
Return Ranking - Trailing
Period | ZEOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -5.7% | 16.5% | 98.95% |
1 Yr | 0.3% | -8.1% | 76.0% | 98.51% |
3 Yr | -1.3%* | -14.6% | 20.2% | 94.19% |
5 Yr | 0.4%* | -10.0% | 38.2% | 95.02% |
10 Yr | 1.5%* | -4.1% | 19.7% | 91.86% |
* Annualized
Return Ranking - Calendar
Period | ZEOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -14.2% | -33.4% | 3.6% | 28.61% |
2022 | 0.3% | -8.4% | 8.2% | 39.81% |
2021 | -3.5% | -13.2% | 302.7% | 94.19% |
2020 | 1.6% | -4.4% | 13.3% | 97.34% |
2019 | -1.3% | -18.4% | -0.4% | 0.53% |
Total Return Ranking - Trailing
Period | ZEOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.0% | -5.7% | 16.5% | 98.95% |
1 Yr | 0.3% | -8.1% | 76.0% | 98.51% |
3 Yr | -1.3%* | -14.6% | 20.2% | 94.19% |
5 Yr | 0.4%* | -10.0% | 38.2% | 95.02% |
10 Yr | 1.5%* | -4.1% | 19.7% | 91.86% |
* Annualized
Total Return Ranking - Calendar
Period | ZEOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -8.7% | -33.4% | 47.8% | 23.04% |
2022 | 4.1% | -8.4% | 12.4% | 71.16% |
2021 | 1.0% | -9.6% | 325.6% | 92.58% |
2020 | 5.5% | 0.9% | 19.4% | 97.34% |
2019 | 1.8% | -10.7% | 4.5% | 1.41% |
NAV & Total Return History
ZEOIX - Holdings
Concentration Analysis
ZEOIX | Category Low | Category High | ZEOIX % Rank | |
---|---|---|---|---|
Net Assets | 73.5 M | 1.85 M | 22.6 B | 85.55% |
Number of Holdings | 10 | 2 | 2736 | 99.26% |
Net Assets in Top 10 | 73.4 M | -492 M | 4.6 B | 50.81% |
Weighting of Top 10 | 99.83% | 4.2% | 149.0% | 0.59% |
Top 10 Holdings
- U.S. Bank Money Market Deposit Account 78.19%
- Michaels Cos Inc/The 6.89%
- Hanesbrands Inc 3.59%
- WESTERN GLOBAL AIRLINES DIP LOANS 2.73%
- Bread Financial Holdings Inc 2.58%
- Michaels Cos Inc/The 2.16%
- CPI CG Inc 2.11%
- Cengage Learning Inc 0.91%
- Diebold Nixdorf Inc 0.62%
- Western Global Airlines LLC 0.06%
Asset Allocation
Weighting | Return Low | Return High | ZEOIX % Rank | |
---|---|---|---|---|
Cash | 78.36% | -52.00% | 78.36% | 0.15% |
Bonds | 21.02% | 0.00% | 154.38% | 98.08% |
Stocks | 0.62% | 0.00% | 99.61% | 42.48% |
Preferred Stocks | 0.00% | 0.00% | 7.89% | 71.11% |
Other | 0.00% | -63.70% | 98.03% | 66.22% |
Convertible Bonds | 0.00% | 0.00% | 17.89% | 96.44% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ZEOIX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 33.17% | N/A |
Real Estate | 0.00% | 0.00% | 86.71% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 22.17% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 99.99% | N/A |
Consumer Defense | 0.00% | 0.00% | 100.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ZEOIX % Rank | |
---|---|---|---|---|
US | 0.62% | 0.00% | 99.61% | 42.07% |
Non US | 0.00% | -0.01% | 0.83% | 55.70% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ZEOIX % Rank | |
---|---|---|---|---|
Corporate | 94.98% | 0.00% | 129.69% | 50.89% |
Cash & Equivalents | 78.19% | 0.00% | 78.19% | 0.15% |
Derivative | 0.00% | -12.96% | 42.26% | 59.11% |
Securitized | 0.00% | 0.00% | 97.24% | 74.78% |
Municipal | 0.00% | 0.00% | 4.66% | 54.75% |
Government | 0.00% | 0.00% | 99.07% | 68.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ZEOIX % Rank | |
---|---|---|---|---|
US | 21.02% | 0.00% | 129.21% | 96.59% |
Non US | 0.00% | 0.00% | 97.19% | 72.30% |
ZEOIX - Expenses
Operational Fees
ZEOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.04% | 31.61% | 50.37% |
Management Fee | 0.75% | 0.00% | 1.84% | 91.27% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.06% |
Administrative Fee | N/A | 0.00% | 0.50% | 60.34% |
Sales Fees
ZEOIX 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
ZEOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 56.67% |
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.
ZEOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 94.00% | 1.00% | 255.00% | 84.07% |
ZEOIX - Distributions
Dividend Yield Analysis
ZEOIX | Category Low | Category High | ZEOIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.72% | 0.00% | 34.52% | 57.52% |
Dividend Distribution Analysis
ZEOIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
ZEOIX | Category Low | Category High | ZEOIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.28% | -2.39% | 14.30% | 55.57% |
Capital Gain Distribution Analysis
ZEOIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2022 | $0.057 | OrdinaryDividend |
Oct 28, 2022 | $0.059 | OrdinaryDividend |
Sep 30, 2022 | $0.047 | OrdinaryDividend |
Aug 31, 2022 | $0.043 | OrdinaryDividend |
Jul 29, 2022 | $0.041 | OrdinaryDividend |
Jun 30, 2022 | $0.042 | OrdinaryDividend |
May 31, 2022 | $0.042 | OrdinaryDividend |
Apr 29, 2022 | $0.043 | OrdinaryDividend |
Mar 31, 2022 | $0.037 | OrdinaryDividend |
Feb 28, 2022 | $0.034 | OrdinaryDividend |
Jan 31, 2022 | $0.035 | OrdinaryDividend |
Nov 29, 2021 | $0.034 | OrdinaryDividend |
Oct 28, 2021 | $0.034 | OrdinaryDividend |
Sep 29, 2021 | $0.038 | OrdinaryDividend |
Aug 30, 2021 | $0.037 | OrdinaryDividend |
Jul 29, 2021 | $0.035 | OrdinaryDividend |
Jun 29, 2021 | $0.031 | OrdinaryDividend |
May 27, 2021 | $0.027 | OrdinaryDividend |
Apr 29, 2021 | $0.035 | OrdinaryDividend |
Mar 30, 2021 | $0.034 | OrdinaryDividend |
Feb 25, 2021 | $0.028 | OrdinaryDividend |
Jan 28, 2021 | $0.028 | OrdinaryDividend |
Dec 30, 2020 | $0.055 | OrdinaryDividend |
Nov 27, 2020 | $0.031 | OrdinaryDividend |
Oct 29, 2020 | $0.043 | OrdinaryDividend |
Sep 29, 2020 | $0.035 | OrdinaryDividend |
Aug 28, 2020 | $0.042 | OrdinaryDividend |
Jul 30, 2020 | $0.014 | OrdinaryDividend |
Jun 29, 2020 | $0.038 | OrdinaryDividend |
May 28, 2020 | $0.039 | OrdinaryDividend |
Apr 29, 2020 | $0.045 | OrdinaryDividend |
Mar 30, 2020 | $0.036 | OrdinaryDividend |
Feb 27, 2020 | $0.030 | OrdinaryDividend |
Jan 30, 2020 | $0.028 | OrdinaryDividend |
Dec 30, 2019 | $0.045 | OrdinaryDividend |
Nov 27, 2019 | $0.029 | OrdinaryDividend |
Oct 30, 2019 | $0.034 | OrdinaryDividend |
Sep 27, 2019 | $0.028 | OrdinaryDividend |
Aug 29, 2019 | $0.029 | OrdinaryDividend |
Jul 30, 2019 | $0.029 | OrdinaryDividend |
Jun 27, 2019 | $0.031 | OrdinaryDividend |
May 30, 2019 | $0.031 | OrdinaryDividend |
Apr 29, 2019 | $0.028 | OrdinaryDividend |
Mar 28, 2019 | $0.027 | OrdinaryDividend |
Feb 27, 2019 | $0.028 | OrdinaryDividend |
Jan 30, 2019 | $0.033 | OrdinaryDividend |
Dec 28, 2018 | $0.038 | OrdinaryDividend |
Nov 29, 2018 | $0.029 | OrdinaryDividend |
Oct 30, 2018 | $0.030 | OrdinaryDividend |
Sep 27, 2018 | $0.026 | OrdinaryDividend |
Aug 30, 2018 | $0.030 | OrdinaryDividend |
Jul 30, 2018 | $0.026 | OrdinaryDividend |
Jun 28, 2018 | $0.025 | OrdinaryDividend |
May 30, 2018 | $0.022 | OrdinaryDividend |
Apr 27, 2018 | $0.021 | OrdinaryDividend |
Mar 28, 2018 | $0.023 | OrdinaryDividend |
Feb 27, 2018 | $0.019 | OrdinaryDividend |
Jan 30, 2018 | $0.016 | OrdinaryDividend |
Dec 13, 2017 | $0.029 | OrdinaryDividend |
Nov 29, 2017 | $0.022 | OrdinaryDividend |
Oct 30, 2017 | $0.021 | OrdinaryDividend |
Sep 28, 2017 | $0.020 | OrdinaryDividend |
Aug 30, 2017 | $0.021 | OrdinaryDividend |
Jul 28, 2017 | $0.018 | OrdinaryDividend |
Jun 29, 2017 | $0.020 | OrdinaryDividend |
May 30, 2017 | $0.015 | OrdinaryDividend |
Apr 27, 2017 | $0.017 | OrdinaryDividend |
Mar 30, 2017 | $0.021 | OrdinaryDividend |
Feb 27, 2017 | $0.012 | OrdinaryDividend |
Jan 30, 2017 | $0.014 | OrdinaryDividend |
Dec 14, 2016 | $0.025 | OrdinaryDividend |
Nov 29, 2016 | $0.009 | OrdinaryDividend |
Oct 28, 2016 | $0.026 | OrdinaryDividend |
Sep 29, 2016 | $0.022 | OrdinaryDividend |
Aug 30, 2016 | $0.024 | OrdinaryDividend |
Jul 28, 2016 | $0.024 | OrdinaryDividend |
Jun 29, 2016 | $0.030 | OrdinaryDividend |
May 27, 2016 | $0.031 | OrdinaryDividend |
Apr 28, 2016 | $0.022 | OrdinaryDividend |
Mar 30, 2016 | $0.029 | OrdinaryDividend |
Feb 26, 2016 | $0.029 | OrdinaryDividend |
Jan 28, 2016 | $0.029 | OrdinaryDividend |
Dec 16, 2015 | $0.031 | OrdinaryDividend |
Nov 27, 2015 | $0.025 | OrdinaryDividend |
Oct 29, 2015 | $0.028 | OrdinaryDividend |
Sep 29, 2015 | $0.027 | OrdinaryDividend |
Aug 28, 2015 | $0.026 | OrdinaryDividend |
Jul 30, 2015 | $0.025 | OrdinaryDividend |
Jun 29, 2015 | $0.024 | OrdinaryDividend |
May 28, 2015 | $0.026 | OrdinaryDividend |
Apr 29, 2015 | $0.033 | OrdinaryDividend |
Mar 30, 2015 | $0.027 | OrdinaryDividend |
Feb 26, 2015 | $0.031 | OrdinaryDividend |
Jan 29, 2015 | $0.018 | OrdinaryDividend |
Oct 30, 2014 | $0.091 | OrdinaryDividend |
Jul 30, 2014 | $0.073 | OrdinaryDividend |
Apr 29, 2014 | $0.100 | OrdinaryDividend |
Oct 30, 2013 | $0.089 | OrdinaryDividend |
Jul 30, 2013 | $0.084 | OrdinaryDividend |
Apr 29, 2013 | $0.079 | OrdinaryDividend |
Jan 30, 2013 | $0.005 | OrdinaryDividend |
Oct 31, 2012 | $0.073 | OrdinaryDividend |
Jul 30, 2012 | $0.080 | OrdinaryDividend |
Apr 27, 2012 | $0.056 | OrdinaryDividend |
Dec 27, 2011 | $0.026 | OrdinaryDividend |
Oct 28, 2011 | $0.039 | OrdinaryDividend |
ZEOIX - Fund Manager Analysis
Managers
Venkatesh Reddy
Start Date
Tenure
Tenure Rank
May 31, 2011
11.01
11.0%
Venkatesh Reddy, Portfolio Manager and Chief Investment Officer. Mr. Reddy founded Zeo Capital Advisors in 2009. Prior to Zeo, he was co-founder of Laurel Ridge Asset Management. In that role, Mr. Reddy specialized in bankruptcy law, asset valuation and opportunities at the intersection of quantitative and fundamental analysis. Previously, Mr. Reddy structured derivative products and was head of delta-one trading as a portfolio manager within Bank of America’s Equity Financial Products group (EFP). Mr. Reddy also managed investments in event-driven situations, convertible instruments and options at Pine River Capital Management LP and HBK Investments LP, where he started his career. Mr. Reddy earned a BA in Computer Science with Honors from Harvard University.
Marcus Moore
Start Date
Tenure
Tenure Rank
Jul 01, 2021
0.92
0.9%
Marcus Moore, CPA, Assistant Portfolio Manager. Mr. Moore joined Zeo Capital Advisors, LLC in 2019 and focuses on credit research, including sustainability analysis for the firm. Prior to joining the adviser, he worked for 14 years at Wells Fargo Bank as an Analyst within Principal Investing. He was responsible for identifying investment opportunities within the retail, consumer and gaming sectors across various asset classes including high yield bonds, leveraged loans and structured products. Prior to working at Wells Fargo, Marcus worked at Edison Mission Energy as an analyst with responsibilities in forecasting and financial planning. He started his career at Hamilton Resources, Procter and Gamble and Goldman Sachs. A native of Capital Heights, MD, he earned a BS in Accounting from Morgan State University in Baltimore, MD and an MBA from the Anderson School at UCLA.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.11 | 8.17 |