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Trending ETFs

Name

As of 04/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.31

$7.32 B

0.00%

0.30%

Vitals

YTD Return

-1.2%

1 yr return

4.4%

3 Yr Avg Return

-0.9%

5 Yr Avg Return

N/A

Net Assets

$7.32 B

Holdings in Top 10

10.5%

52 WEEK LOW AND HIGH

$8.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.31

$7.32 B

0.00%

0.30%

CGLBX - Profile

Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Six Circles Trust - Six Circles Global Bond Fund USD
  • Fund Family Name
    Six Circles
  • Inception Date
    Oct 06, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Radell

Fund Description


CGLBX - Performance

Return Ranking - Trailing

Period CGLBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -59.5% 0.9% 22.33%
1 Yr 4.4% -15.5% 19.7% 16.83%
3 Yr -0.9%* -4.3% 4.2% N/A
5 Yr N/A* -2.5% 4.1% N/A
10 Yr N/A* -3.0% 2.7% N/A

* Annualized

Return Ranking - Calendar

Period CGLBX Return Category Return Low Category Return High Rank in Category (%)
2023 4.8% -15.2% 0.9% 10.00%
2022 -18.0% -10.9% 12.2% N/A
2021 -3.2% -10.8% 14.8% N/A
2020 N/A -15.3% 0.6% N/A
2019 N/A -44.4% 14.4% N/A

Total Return Ranking - Trailing

Period CGLBX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -59.5% 0.9% 17.48%
1 Yr 4.4% -16.6% 30.5% 14.22%
3 Yr -0.9%* -5.2% 10.9% N/A
5 Yr N/A* -2.8% 7.4% N/A
10 Yr N/A* -3.0% 3.6% N/A

* Annualized

Total Return Ranking - Calendar

Period CGLBX Return Category Return Low Category Return High Rank in Category (%)
2023 8.2% -15.2% 0.9% 10.00%
2022 -9.1% -10.9% 12.2% N/A
2021 -0.9% -10.8% 14.8% N/A
2020 N/A -15.3% 3.8% N/A
2019 N/A -44.4% 14.4% N/A

NAV & Total Return History


CGLBX - Holdings

Concentration Analysis

CGLBX Category Low Category High CGLBX % Rank
Net Assets 7.32 B 74.5 K 14.7 B 12.25%
Number of Holdings 4562 4 4562 0.47%
Net Assets in Top 10 644 M -112 M 3.66 B 19.43%
Weighting of Top 10 10.47% 4.7% 100.0% 94.71%

Top 10 Holdings

  1. Federal Home Loan Banks 0% 4.44%
  2. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  3. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  4. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  5. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  6. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  7. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  8. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  9. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%
  10. FUTURE CONTRACT ON US 2YR NOTE (CBT) SEP20 0.00000000 3.14%

Asset Allocation

Weighting Return Low Return High CGLBX % Rank
Bonds
84.57% 0.00% 220.33% 68.72%
Cash
21.29% -130.07% 95.62% 11.37%
Convertible Bonds
1.16% 0.00% 11.19% 57.35%
Stocks
0.00% 0.00% 7.47% 46.45%
Preferred Stocks
0.00% 0.00% 2.87% 27.01%
Other
-7.02% -9.71% 100.00% 98.58%

Bond Sector Breakdown

Weighting Return Low Return High CGLBX % Rank
Derivative
34.18% 0.00% 74.77% 16.35%
Government
33.82% 0.30% 99.47% 67.31%
Securitized
12.97% 0.00% 52.02% 16.83%
Cash & Equivalents
10.38% 0.00% 95.62% 18.27%
Corporate
8.62% 0.00% 98.62% 75.96%
Municipal
0.02% 0.00% 7.95% 36.06%

Bond Geographic Breakdown

Weighting Return Low Return High CGLBX % Rank
Non US
55.21% 0.00% 112.80% 68.72%
US
29.36% -5.52% 107.53% 43.13%

CGLBX - Expenses

Operational Fees

CGLBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.02% 3.65% 98.56%
Management Fee 0.25% 0.00% 2.08% 2.93%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.45% N/A

Sales Fees

CGLBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.00% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CGLBX 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.

CGLBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 6.00% 354.00% N/A

CGLBX - Distributions

Dividend Yield Analysis

CGLBX Category Low Category High CGLBX % Rank
Dividend Yield 0.00% 0.00% 17.40% 8.06%

Dividend Distribution Analysis

CGLBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

CGLBX Category Low Category High CGLBX % Rank
Net Income Ratio 0.86% -1.08% 5.77% 78.43%

Capital Gain Distribution Analysis

CGLBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

CGLBX - Fund Manager Analysis

Managers

Scott Radell


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.

Jeffrey Gaffney


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Mr. Gaffney is an Executive Director and the Head of Multi-Asset Portfolio Management–Americas for J.P. Morgan Private Bank, based in New York. He is responsible for constructing efficient multi-asset class portfolios for clients across the spectrum of investment objectives, risk tolerances, and liquidity constraints. Mr. Gaffney has been with J.P. Morgan since 2009, and has been a member of the Private Bank CIO Team since 2011. He chairs the WM U.S. Investment Committee and is a member of the Global Investment Committee. In addition, Mr. Gaffney serves as a portfolio manager for several J.P. Morgan asset allocation strategies. Mr. Gaffney holds a Bachelor of Science in Engineering degree from Princeton University in Operations Research and Financial Engineering. He also holds a Masters of Business Administration from Yale University with an emphasis in Finance.

Edward Farley


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Mr. Kellner, CFA, is a Managing Director and Head of Corporates at PGIM Fixed Income. He is exclusively focused on Investment Grade portfolio management and trading and has been instrumental as a Senior Portfolio Manager in growing the Firm’s corporate assets from $44 billion in 2000 to $367 billion in corporate assets under management as of December 31, 2020. Mr. Kellner has been managing corporate bonds for the Firm since 1989. In 1992, Mr. Kellner was named Managing Director and Head of the Firm’s proprietary Corporate Bond portfolios. In 1999, he became Head of Corporate Bond Strategies including all third-party management. He initially joined the Firm in 1986. After completing his MBA in Finance at The Wharton School of the University of Pennsylvania in 1987, Mr. Kellner rejoined the group as an analyst, then moved to the corporate bond team responsible for managing the Firm’s proprietary fixed income portfolios. In addition to his MBA, Mr. Kellner received a BCE in Civil Engineering from Villanova University. He holds the Chartered Financial Analyst (CFA) designation. Mr. Kellner has announced that he will be retiring from PGIM in April 2022.

Richard Madigan


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Madigan is a portfolio manager with Offitbank, his employer since 1998. Previously, he was vice president and principal of the emerging markets fixed income institutional sales group at JP Morgan Securities from 1996 to 1998. Prior to that, from 1994 to 1996, he was vice president and principal of the cross border finance group at Citicorp Securities. From 1990 to 1994, he was a corporate banker with Citibank. Mr. Madigan is the Chief Investment Officer for J.P. Morgan’s Private Bank, based in New York. In his role, he and his team (the “Private Bank CIO Team”) are responsible for the development of investment strategy, tactical and strategic asset allocation for $1 trillion in private bank and institutional client assets. Mr. Madigan is chair of the Private Bank’s Global Investment Committee. Previously, Mr. Madigan was the Chief Investment Officer for J.P. Morgan’s Global Access Portfolios, where he and his team managed in excess of $16 billion in client assets across 35 countries. Prior to his roles at J.P. Morgan, Mr. Madigan held the title of Managing Director, Head of Emerging Markets Investments and Senior Portfolio Manager at Offitbank, a New York-based wealth management boutique, where he managed peak assets in excess of $1 billion in both domestic and offshore portfolios, including the firm’s flagship emerging markets mutual fund. He was also a senior member of the firm’s investment committee. Before joining Offitbank, Mr. Madigan worked for J.P. Morgan’s Investment Banking division in New York in the emerging markets securities business. He previously spent six years with Citicorp first as a banker in Mexico, and then in the firm’s international corporate finance division in New York.

Daniel Hyman


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Mr. Hyman is a managing director and co-head of the agency mortgage portfolio management team in the Newport Beach office. He is the lead portfolio manager on PIMCO's Ginnie Mae and Mortgage Opportunities Strategies and serves as a member of PIMCO's Executive Committee. Prior to joining PIMCO in 2008, Mr. Hyman was a vice president at Credit Suisse where he traded agency pass-throughs. He holds an undergraduate degree from Lehigh University.

Matthew Angelucci


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Matthew Angelucci, CFA, is a Principal and portfolio manager for PGIM Fixed Income’s Global Team. Mr. Angelucci’s primary portfolio management responsibilities include country and sector allocation, duration management, and issue selection within government and sovereign securities and derivatives across global multi-sector portfolios and relative value hedge funds. Prior to assuming his current position, he was a financial analyst in the Portfolio Analysis Group of PGIM Fixed Income, responsible for performance attribution and providing daily risk analysis and analytic support to the Global Government portfolio management team. Mr. Angelucci joined the Firm in 2005. He received a BS in Corporate Finance and Accounting from Bentley University. Mr. Angelucci holds the Chartered Financial Analyst (CFA) designation.

Robert Tipp


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.

Joel Silva


Start Date

Tenure

Tenure Rank

May 19, 2020

2.03

2.0%

Silva has been employed by BGFA and BGI as a Portfolio Manager since July 2007. Prior to becoming a Portfolio Manager, he was employed as a Managing Director for Stone & Youngberg LLC where he traded and underwrote municipal securities from 2002 to 2007.

Munish Gupta


Start Date

Tenure

Tenure Rank

Dec 04, 2020

1.49

1.5%

David Del Vecchio


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

David Del Vecchio is a Managing Director and portfolio manager for PGIM Fixed Income’s U.S. Investment Grade Corporate Bond Team. Mr. Del Vecchio’s responsibilities include corporate strategies as well as corporate security selection in multi-sector strategies. Prior to his current role, Mr. Del Vecchio was a taxable money markets portfolio manager for the Money Markets Group, responsible for managing proprietary fixed income accounts, as well as the securities lending portfolios. Prior to joining the Money Markets Group in 2000, he was responsible for the lending/repurchase agreements of U.S. government, agency, and STRIP securities in PGIM Fixed Income’s Securities Lending Group. Mr. Del Vecchio joined the Firm in 1995. He received a BS in Business Administration with a specialization in Finance from The College of New Jersey, and an MBA in Finance from New York University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 28.31 6.8 3.67