BlueBay Destra International Event Driven Credit Fund - BBay Destra Intl Event Driven Cr Fd USD Cls L
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CEDLX | Fund
$23.68
-
4.83%
$1.14
3.55%
Vitals
YTD Return
9.1%
1 yr return
12.0%
3 Yr Avg Return
14.5%
5 Yr Avg Return
13.8%
Net Assets
$N/A
Holdings in Top 10
53.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.55%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CEDLX | Fund
$23.68
-
4.83%
$1.14
3.55%
CEDLX - Profile
Distributions
- YTD Total Return 9.1%
- 3 Yr Annualized Total Return 14.5%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.08%
- Dividend Yield 4.8%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBlueBay Destra International Event Driven Credit Fund - BBay Destra Intl Event Driven Cr Fd USD Cls L
-
Fund Family NameDestra
-
Inception DateDec 21, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDuncan Farley
Fund Description
CEDLX - Performance
Return Ranking - Trailing
Period | CEDLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -8.0% | 14.8% | 3.98% |
1 Yr | 12.0% | -6.3% | 30.2% | 49.16% |
3 Yr | 14.5%* | -16.6% | 16.8% | 0.63% |
5 Yr | 13.8%* | -14.0% | 14.3% | 0.54% |
10 Yr | N/A* | -6.9% | 6.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | CEDLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -12.0% | 15.7% | 32.87% |
2022 | -0.8% | -31.8% | 18.4% | 1.57% |
2021 | -15.9% | -16.2% | 25.7% | 99.68% |
2020 | 4.2% | -31.1% | 18.7% | 22.36% |
2019 | 8.5% | -6.1% | 15.3% | 9.13% |
Total Return Ranking - Trailing
Period | CEDLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.1% | -8.0% | 14.8% | 3.98% |
1 Yr | 12.0% | -6.3% | 30.2% | 49.16% |
3 Yr | 14.5%* | -16.6% | 16.8% | 0.63% |
5 Yr | 13.8%* | -14.0% | 14.3% | 0.54% |
10 Yr | N/A* | -6.9% | 6.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CEDLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.3% | -6.9% | 22.2% | 5.81% |
2022 | 20.5% | -31.8% | 21.1% | 0.47% |
2021 | 16.7% | -13.5% | 49.9% | 0.81% |
2020 | 7.2% | -28.6% | 24.1% | 32.39% |
2019 | 14.5% | -4.8% | 19.1% | 3.80% |
NAV & Total Return History
CEDLX - Holdings
Concentration Analysis
CEDLX | Category Low | Category High | CEDLX % Rank | |
---|---|---|---|---|
Net Assets | N/A | 2.53 M | 143 B | N/A |
Number of Holdings | 67 | 4 | 9195 | 88.43% |
Net Assets in Top 10 | 22.3 M | -204 M | 80.4 B | 87.81% |
Weighting of Top 10 | 53.32% | 6.2% | 209.5% | 22.24% |
Top 10 Holdings
- BlackRock Liquidity FedFund Instl 13.94%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
- MPC Container Ships ASA 7.21%
Asset Allocation
Weighting | Return Low | Return High | CEDLX % Rank | |
---|---|---|---|---|
Bonds | 58.59% | 0.00% | 192.97% | 83.95% |
Cash | 19.91% | -94.66% | 91.07% | 8.49% |
Stocks | 17.73% | -4.92% | 99.66% | 12.65% |
Other | 3.64% | -73.61% | 112.16% | 47.38% |
Preferred Stocks | 0.12% | 0.00% | 26.42% | 30.09% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 89.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CEDLX % Rank | |
---|---|---|---|---|
Corporate | 64.12% | 0.00% | 96.66% | 17.20% |
Cash & Equivalents | 26.94% | 0.00% | 88.00% | 3.72% |
Government | 6.96% | 0.00% | 99.43% | 62.90% |
Securitized | 1.98% | 0.00% | 99.65% | 85.67% |
Derivative | 0.00% | -73.61% | 112.16% | 62.07% |
Municipal | 0.00% | 0.00% | 54.26% | 64.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CEDLX % Rank | |
---|---|---|---|---|
Non US | 46.17% | 0.00% | 74.14% | 5.09% |
US | 12.42% | 0.00% | 192.97% | 88.73% |
CEDLX - Expenses
Operational Fees
CEDLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.55% | 0.03% | 20.67% | 3.85% |
Management Fee | 1.75% | 0.00% | 2.29% | 95.87% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | 98.91% |
Sales Fees
CEDLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.25% | 0.00% | 5.75% | 31.93% |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
CEDLX 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.
CEDLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | 74.84% |
CEDLX - Distributions
Dividend Yield Analysis
CEDLX | Category Low | Category High | CEDLX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.83% | 0.00% | 23.30% | 4.89% |
Dividend Distribution Analysis
CEDLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Monthly |
Net Income Ratio Analysis
CEDLX | Category Low | Category High | CEDLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.08% | -1.55% | 11.51% | 9.09% |
Capital Gain Distribution Analysis
CEDLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.286 | OrdinaryDividend |
Jun 27, 2024 | $0.666 | OrdinaryDividend |
Mar 27, 2024 | $0.243 | OrdinaryDividend |
Dec 27, 2023 | $0.690 | OrdinaryDividend |
Sep 28, 2023 | $0.775 | OrdinaryDividend |
Jun 29, 2023 | $0.274 | OrdinaryDividend |
Mar 30, 2023 | $0.137 | OrdinaryDividend |
Dec 28, 2022 | $1.939 | OrdinaryDividend |
Sep 29, 2022 | $1.116 | OrdinaryDividend |
Jun 29, 2022 | $0.805 | OrdinaryDividend |
Mar 30, 2022 | $0.660 | OrdinaryDividend |
Dec 29, 2021 | $7.739 | OrdinaryDividend |
Sep 29, 2021 | $0.507 | OrdinaryDividend |
Jun 29, 2021 | $0.247 | OrdinaryDividend |
Mar 30, 2021 | $0.180 | OrdinaryDividend |
Sep 29, 2020 | $0.187 | OrdinaryDividend |
Jun 29, 2020 | $0.191 | OrdinaryDividend |
Mar 30, 2020 | $0.257 | OrdinaryDividend |
Dec 27, 2019 | $0.466 | OrdinaryDividend |
Dec 27, 2019 | $0.090 | CapitalGainShortTerm |
Dec 27, 2019 | $0.067 | CapitalGainLongTerm |
Sep 27, 2019 | $0.318 | OrdinaryDividend |
Jun 27, 2019 | $0.268 | OrdinaryDividend |
Mar 27, 2019 | $0.149 | OrdinaryDividend |
Dec 28, 2018 | $0.336 | OrdinaryDividend |
CEDLX - Fund Manager Analysis
Managers
Duncan Farley
Start Date
Tenure
Tenure Rank
May 09, 2018
4.06
4.1%
Duncan Farley – Portfolio Manager, Leveraged Finance – Duncan is a Portfolio Manager focusing on absolute return credit strategies within BlueBay UK’s Global Leveraged Finance Group. Prior to joining BlueBay in March 2014, Duncan amassed over 16 years’ experience in the European high yield and distressed debt markets working for several leading investment firms, including King Street Capital Management, where he spent four years as a senior credit analyst. Duncan holds a BA (Hons) degree in Accounting and Computing from the University of Kent and is a qualified ACA (Association of Chartered Accountants) with the Institute of Chartered Accountants in England and Wales (ICAEW).
Adam Phillips
Start Date
Tenure
Tenure Rank
Feb 01, 2021
1.33
1.3%
Adam Phillips — Portfolio Manager, Leveraged Finance — Adam joined BlueBay UK in October 2020 as the Head of Developed Markets Special Situations, to further enhance BlueBay’s global leveraged finance strategies. Before joining BlueBay, Adam was Head of Investments at Blantyre Capital, European CIO at Marathon Asset Management and Head of European High Yield & Distressed at Lehman Brothers. Earlier in his career, Adam was Head of the Asian Distressed team at Standard Bank and he started his career at British & Commonwealth Merchant Bank in structured and property finance.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.72 | 3.19 |