PTCBX: Performance Trust Strategic Bond C

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PTCBX Performance Trust Strategic Bond C


Profile

PTCBX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.28 B
  • Holdings in Top 10 6.6%

52 WEEK LOW AND HIGH

$22.83
$22.11
$23.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.80%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.59%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Performance Trust Strategic Bond Fund
  • Fund Family Name
    PT Asset Management, LLC (PTAM)
  • Inception Date
    Jan 02, 2019
  • Shares Outstanding
    728836
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund invests at least 80% of its net assets in fixed-income instruments. Its investments in fixed income instruments may consist of residential mortgage-backed securities ("RMBS") in the prime, subprime and "Alt-A" first lien mortgage sectors and commercial mortgage-backed securities ("CMBS"), including traditional and interest-only CMBS.


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Categories

Performance

PTCBX - Performance

Return Ranking - Trailing

Period PTCBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -36.8% 945.6% 5.28%
1 Yr 3.2% -35.5% 970.1% 8.10%
3 Yr N/A* -10.4% 120.3% 9.80%
5 Yr N/A* -5.2% 60.2% 7.29%
10 Yr N/A* -5.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period PTCBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -1.7% 18.3% N/A
2018 N/A -12.4% 0.8% N/A
2017 N/A -6.0% 20.3% N/A
2016 N/A -7.8% 8.6% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period PTCBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -36.8% 945.6% 5.28%
1 Yr 3.2% -35.5% 970.1% 8.10%
3 Yr N/A* -7.3% 120.3% 10.81%
5 Yr N/A* -5.2% 60.2% 10.53%
10 Yr N/A* -5.1% 6.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PTCBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -1.7% 18.3% N/A
2018 N/A -11.7% 3.1% N/A
2017 N/A -6.0% 27.0% N/A
2016 N/A -7.8% 10.7% N/A
2015 N/A -14.2% 4.2% N/A

NAV & Total Return History


Holdings

PTCBX - Holdings

Concentration Analysis

PTCBX Category Low Category High PTCBX % Rank
Net Assets 3.28 B 634 K 264 B 18.90%
Number of Holdings 884 1 17920 24.59%
Net Assets in Top 10 194 M -587 M 20.8 B 37.43%
Weighting of Top 10 6.58% 2.3% 100.0% 97.75%

Top 10 Holdings

  1. United States Treasury Notes 2.75% 0.86%
  2. United States Treasury Notes 1.91% 0.85%
  3. AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2.43% 0.73%
  4. Indymac MBS Inc 5% 0.66%
  5. LOUISIANA ST 5% 0.63%
  6. OREGON SCH BRDS ASSN 5.68% 0.61%
  7. LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 5.74% 0.59%
  8. JOBSOHIO BEVERAGE SYS OHIO STATEWIDE LIQUOR PROFITS REV 4.53% 0.57%
  9. NEW JERSEY ECONOMIC DEV AUTH ST PENSION FDG REV 0% 0.55%
  10. LOS ANGELES CALIF UNI SCH DIST 5.98% 0.52%

Asset Allocation

Weighting Return Low Return High PTCBX % Rank
Bonds
94.45% 71.08% 157.69% 32.07%
Cash
5.38% -57.68% 27.48% 47.27%
Convertible Bonds
0.17% 0.00% 6.53% 74.32%
Stocks
0.00% -0.38% 18.10% 63.04%
Preferred Stocks
0.00% 0.00% 9.11% 65.03%
Other
0.00% -27.60% 31.83% 45.36%

Bond Sector Breakdown

Weighting Return Low Return High PTCBX % Rank
Securitized
59.23% 0.00% 98.72% 9.84%
Municipal
25.65% 0.00% 100.11% 2.19%
Corporate
8.03% 0.00% 99.41% 87.16%
Cash & Equivalents
5.38% -26.49% 24.02% 56.01%
Government
1.71% -2.21% 100.00% 79.23%
Derivative
0.00% -0.83% 31.72% 54.64%

Bond Geographic Breakdown

Weighting Return Low Return High PTCBX % Rank
US
90.89% 58.40% 150.78% 17.21%
Non US
3.56% -38.91% 29.50% 87.16%

Expenses

PTCBX - Expenses

Operational Fees

PTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.80% 0.01% 34.57% 25.35%
Management Fee 0.60% 0.00% 1.25% 52.88%
12b-1 Fee 1.00% 0.00% 1.00% 78.37%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

PTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.50% 2.00% 13.64%

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.

PTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.59% 0.00% 489.00% 29.11%

Distributions

PTCBX - Distributions

Dividend Yield Analysis

PTCBX Category Low Category High PTCBX % Rank
Dividend Yield 0.00% 0.00% 6.13% 36.55%

Dividend Distribution Analysis

PTCBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PTCBX Category Low Category High PTCBX % Rank
Net Income Ratio 3.04% -0.71% 6.53% 81.11%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PTCBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.42 0.33