Finisterre Emerging Markets Total Return Bond Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
12.1%
3 Yr Avg Return
0.8%
5 Yr Avg Return
3.4%
Net Assets
$451 M
Holdings in Top 10
33.7%
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 170.30%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PFUMX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.69%
- Dividend Yield 9.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFinisterre Emerging Markets Total Return Bond Fund
-
Fund Family NamePrincipal Funds
-
Inception DateJul 11, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerArthur Duchon-Doris
Fund Description
PFUMX - Performance
Return Ranking - Trailing
Period | PFUMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -2.8% | 93.3% | 38.16% |
1 Yr | 12.1% | -3.8% | 112.3% | 51.97% |
3 Yr | 0.8%* | -13.6% | 21.2% | 11.95% |
5 Yr | 3.4%* | -8.7% | 12.8% | 5.47% |
10 Yr | N/A* | -5.2% | 6.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | PFUMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.1% | -10.6% | 17.8% | 63.49% |
2022 | -16.2% | -29.1% | -2.4% | 34.35% |
2021 | -5.8% | -24.0% | 2.7% | 25.78% |
2020 | 3.2% | -14.0% | 9.7% | 16.55% |
2019 | 8.6% | -6.4% | 13.0% | 43.80% |
Total Return Ranking - Trailing
Period | PFUMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -2.8% | 93.3% | 38.16% |
1 Yr | 12.1% | -3.8% | 112.3% | 51.97% |
3 Yr | 0.8%* | -13.6% | 21.2% | 11.95% |
5 Yr | 3.4%* | -8.7% | 12.8% | 5.47% |
10 Yr | N/A* | -5.2% | 6.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PFUMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.2% | -0.6% | 20.0% | 62.17% |
2022 | -9.3% | -27.6% | -1.7% | 13.61% |
2021 | -3.0% | -18.5% | 7.4% | 47.04% |
2020 | 7.8% | -7.8% | 18.0% | 15.11% |
2019 | 14.8% | -3.0% | 23.0% | 24.82% |
NAV & Total Return History
PFUMX - Holdings
Concentration Analysis
PFUMX | Category Low | Category High | PFUMX % Rank | |
---|---|---|---|---|
Net Assets | 451 M | 331 K | 14.4 B | 44.26% |
Number of Holdings | 218 | 4 | 1833 | 56.39% |
Net Assets in Top 10 | 151 M | -134 M | 1.25 B | 31.48% |
Weighting of Top 10 | 33.73% | 5.1% | 101.4% | 19.87% |
Top 10 Holdings
- Principal Government Money Market Fund - Class R-6 12.68%
- Brazil Notas do Tesouro Nacional Serie F 5.03%
- Mexican Bonos 2.65%
- Mexican Bonos 2.62%
- Republic of South Africa Government Bond 2.48%
- Colombian TES 2.08%
- Chile Government International Bond 1.94%
- Iraq International Bond 1.54%
- Dominican Republic International Bond 1.43%
- Indonesia Treasury Bond 1.29%
Asset Allocation
Weighting | Return Low | Return High | PFUMX % Rank | |
---|---|---|---|---|
Bonds | 84.11% | 0.91% | 99.54% | 93.44% |
Cash | 16.44% | 0.00% | 21.93% | 5.25% |
Stocks | 0.00% | -0.01% | 93.55% | 51.15% |
Preferred Stocks | 0.00% | 0.00% | 1.28% | 33.44% |
Convertible Bonds | 0.00% | 0.00% | 8.47% | 71.52% |
Other | -0.55% | -9.56% | 88.17% | 90.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PFUMX % Rank | |
---|---|---|---|---|
Government | 34.34% | 0.00% | 99.79% | 81.79% |
Cash & Equivalents | 12.68% | 0.00% | 23.23% | 4.92% |
Corporate | 12.33% | 0.00% | 93.26% | 71.19% |
Securitized | 0.00% | 0.00% | 2.41% | 38.41% |
Municipal | 0.00% | 0.00% | 0.00% | 30.13% |
Derivative | -0.55% | -2.00% | 7.35% | 90.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PFUMX % Rank | |
---|---|---|---|---|
US | 54.13% | -42.31% | 99.01% | 59.67% |
Non US | 29.98% | 0.00% | 132.49% | 42.95% |
PFUMX - Expenses
Operational Fees
PFUMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.02% | 35.56% | 71.71% |
Management Fee | 0.75% | 0.00% | 1.10% | 62.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
PFUMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PFUMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 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.
PFUMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 170.30% | 0.00% | 218.00% | 95.47% |
PFUMX - Distributions
Dividend Yield Analysis
PFUMX | Category Low | Category High | PFUMX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.32% | 0.00% | 22.11% | 10.82% |
Dividend Distribution Analysis
PFUMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
PFUMX | Category Low | Category High | PFUMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.69% | -2.28% | 8.00% | 71.14% |
Capital Gain Distribution Analysis
PFUMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 25, 2024 | $0.059 | OrdinaryDividend |
Feb 26, 2024 | $0.069 | OrdinaryDividend |
Jan 26, 2024 | $0.068 | OrdinaryDividend |
Dec 27, 2023 | $0.069 | OrdinaryDividend |
Nov 27, 2023 | $0.063 | OrdinaryDividend |
Oct 26, 2023 | $0.065 | OrdinaryDividend |
Sep 26, 2023 | $0.044 | OrdinaryDividend |
Aug 28, 2023 | $0.038 | OrdinaryDividend |
Jul 26, 2023 | $0.036 | OrdinaryDividend |
Jun 27, 2023 | $0.041 | OrdinaryDividend |
May 25, 2023 | $0.042 | OrdinaryDividend |
Apr 25, 2023 | $0.040 | OrdinaryDividend |
Mar 28, 2023 | $0.042 | OrdinaryDividend |
Feb 23, 2023 | $0.043 | OrdinaryDividend |
Jan 26, 2023 | $0.047 | OrdinaryDividend |
Dec 28, 2022 | $0.052 | OrdinaryDividend |
Nov 23, 2022 | $0.053 | OrdinaryDividend |
Oct 26, 2022 | $0.107 | OrdinaryDividend |
Sep 27, 2022 | $0.071 | OrdinaryDividend |
Aug 26, 2022 | $0.078 | OrdinaryDividend |
Jul 26, 2022 | $0.072 | OrdinaryDividend |
Jun 27, 2022 | $0.066 | OrdinaryDividend |
May 25, 2022 | $0.054 | OrdinaryDividend |
Apr 26, 2022 | $0.039 | OrdinaryDividend |
Mar 28, 2022 | $0.032 | OrdinaryDividend |
Feb 23, 2022 | $0.029 | OrdinaryDividend |
Jan 26, 2022 | $0.028 | OrdinaryDividend |
Dec 29, 2021 | $0.027 | OrdinaryDividend |
Nov 24, 2021 | $0.037 | OrdinaryDividend |
Oct 26, 2021 | $0.013 | OrdinaryDividend |
Sep 27, 2021 | $0.013 | OrdinaryDividend |
Aug 26, 2021 | $0.021 | OrdinaryDividend |
Jul 27, 2021 | $0.020 | OrdinaryDividend |
Jun 25, 2021 | $0.021 | OrdinaryDividend |
May 25, 2021 | $0.021 | OrdinaryDividend |
Apr 27, 2021 | $0.020 | OrdinaryDividend |
Mar 26, 2021 | $0.016 | OrdinaryDividend |
Feb 23, 2021 | $0.025 | OrdinaryDividend |
Jan 26, 2021 | $0.025 | OrdinaryDividend |
Dec 29, 2020 | $0.047 | OrdinaryDividend |
Nov 24, 2020 | $0.049 | OrdinaryDividend |
Oct 27, 2020 | $0.015 | OrdinaryDividend |
Sep 25, 2020 | $0.048 | OrdinaryDividend |
Aug 26, 2020 | $0.046 | OrdinaryDividend |
Jul 28, 2020 | $0.038 | OrdinaryDividend |
Jun 25, 2020 | $0.017 | OrdinaryDividend |
May 26, 2020 | $0.020 | OrdinaryDividend |
Apr 27, 2020 | $0.018 | OrdinaryDividend |
Mar 26, 2020 | $0.021 | OrdinaryDividend |
Feb 25, 2020 | $0.027 | OrdinaryDividend |
Jan 28, 2020 | $0.027 | OrdinaryDividend |
Dec 27, 2019 | $0.081 | OrdinaryDividend |
Nov 25, 2019 | $0.043 | OrdinaryDividend |
Oct 28, 2019 | $0.036 | OrdinaryDividend |
Sep 25, 2019 | $0.036 | OrdinaryDividend |
Aug 27, 2019 | $0.022 | OrdinaryDividend |
Jul 26, 2019 | $0.022 | OrdinaryDividend |
Jun 25, 2019 | $0.025 | OrdinaryDividend |
May 29, 2019 | $0.019 | OrdinaryDividend |
Apr 25, 2019 | $0.021 | OrdinaryDividend |
Mar 26, 2019 | $0.028 | OrdinaryDividend |
Feb 25, 2019 | $0.036 | OrdinaryDividend |
Jan 28, 2019 | $0.035 | OrdinaryDividend |
Dec 27, 2018 | $0.186 | OrdinaryDividend |
Nov 27, 2018 | $0.025 | OrdinaryDividend |
Oct 26, 2018 | $0.022 | OrdinaryDividend |
Aug 28, 2018 | $0.020 | OrdinaryDividend |
Jul 26, 2018 | $0.014 | OrdinaryDividend |
Jun 26, 2018 | $0.013 | OrdinaryDividend |
May 29, 2018 | $0.009 | OrdinaryDividend |
Apr 25, 2018 | $0.015 | OrdinaryDividend |
Mar 26, 2018 | $0.015 | OrdinaryDividend |
Feb 23, 2018 | $0.011 | OrdinaryDividend |
Jan 26, 2018 | $0.017 | OrdinaryDividend |
Dec 27, 2017 | $0.088 | OrdinaryDividend |
Nov 27, 2017 | $0.032 | OrdinaryDividend |
Oct 26, 2017 | $0.045 | OrdinaryDividend |
Sep 26, 2017 | $0.045 | OrdinaryDividend |
Aug 28, 2017 | $0.039 | OrdinaryDividend |
Jul 26, 2017 | $0.034 | OrdinaryDividend |
Jun 27, 2017 | $0.036 | OrdinaryDividend |
May 25, 2017 | $0.036 | OrdinaryDividend |
Apr 25, 2017 | $0.033 | OrdinaryDividend |
Mar 28, 2017 | $0.034 | OrdinaryDividend |
Feb 23, 2017 | $0.034 | OrdinaryDividend |
Jan 26, 2017 | $0.043 | OrdinaryDividend |
Dec 28, 2016 | $0.047 | OrdinaryDividend |
Nov 30, 2016 | $0.038 | OrdinaryDividend |
Oct 31, 2016 | $0.034 | OrdinaryDividend |
Sep 30, 2016 | $0.042 | OrdinaryDividend |
Aug 31, 2016 | $0.040 | OrdinaryDividend |
PFUMX - Fund Manager Analysis
Managers
Arthur Duchon-Doris
Start Date
Tenure
Tenure Rank
Jul 11, 2016
5.89
5.9%
Arthur Duchon-Doris has been with Finisterre since 2015. Previously, he was employed by AXA Investment Managers (2015), Credit Agricole CIB (2014 - 2015), Societe General CIB (2012 - 2013), and Epervier Corporate Finance (2011). Mr. Duchon-Doris earned his M.S.C. in Financial Markets with a concentration in Asset Management from the EDHEC Business School.
Damien Buchet
Start Date
Tenure
Tenure Rank
Jul 11, 2016
5.89
5.9%
Damien joined Finisterre in September 2015 as a Portfolio Manager and Chief Investment Officer for the Total Return Fund Strategy. Prior to joining Finisterre, he was the Global Head of for Emerging Markets Fixed Income at AXA Investment Managers from 2010 to 2015, overseeing $7bn in EM FI assets and leading the EM team located in Paris, London and Hong Kong. From 2007 to 2010, Damien was Head of Sovereign & Emerging Markets Proprietary Trading at Dexia Credit Local in Paris, where he was responsible for two €3bn relative value trading books, in EM hard and local currency assets. Damien was Portfolio Manager and Head of Emerging Markets at CCR Gestion, Commerzbank Group in Paris from 2005 to 2007. From 1996 to 2005, Damien was a Senior Fund Manager, Deputy Head of Alternative EM Funds at Barep Asset Management in Paris, the alternative asset manager of Societe Generale. He started his career in Hong Kong as an Asian Equity Fund Manager at Euro Pacific Advisers Ltd from 1993 to 1996, and a Financial Analyst, China Desk at Societe Generale Hong Kong Branch from 1992 to 1993. Damien graduated from EDHEC School of Business Administration in Lille, France (1991) and is also a CFA charterholder.
Christopher Watson
Start Date
Tenure
Tenure Rank
Jul 11, 2016
5.89
5.9%
Christopher joined Finisterre in 2007 as Head of Research and became a Portfolio Manager in 2013. Prior to joining Finisterre, Christopher was an investment analyst in the Global Special Situations Group at Citigroup. Before Citigroup, Christopher was an Assistant Vice President at GE Capital from 2001 – 2004. He started his career at the Royal Bank of Canada in 1999 where he worked as a financial institutions banker. Christopher has an MBA from IMD Lausanne and a BA Hons from McGill University, Montreal. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.38 | 6.11 |