Steward Select Bond Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.0%
1 yr return
0.3%
3 Yr Avg Return
-3.1%
5 Yr Avg Return
-1.5%
Net Assets
$190 M
Holdings in Top 10
15.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SEABX - Profile
Distributions
- YTD Total Return -2.0%
- 3 Yr Annualized Total Return -3.1%
- 5 Yr Annualized Total Return -1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 1.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSteward Select Bond Fund
-
Fund Family NameCrossmark Global Investments, Inc.
-
Inception DateDec 14, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVictoria Fernandez
Fund Description
• | Monitor economic, demographic and political indicators to identify short-term and long-term trends in interest rates. |
• | Determine the appropriate maturity/duration range for the Fund relative to the market. The Fund has no specific maturity or duration targets and the Fund may purchase debt securities of any maturity. As of June 30, 2023, the Fund’s weighted average maturity was 6.2 years and the Fund’s duration was 4.6 years. |
• | Provide diversification through investment in multiple industry and asset sectors, subject to the Fund’s values-based screening policies. |
• | Invest only in securities rated investment grade (Baa3/BBB‑ or better) by Moody’s or Standard and Poor’s or those comparably rated by another Nationally Recognized Statistical Rating Organization (“NRSRO”) or determined to be of comparable quality (investment grade) by Crossmark at the time of purchase based on the security’s characteristics, the entity’s financial status, and any other available information. |
SEABX - Performance
Return Ranking - Trailing
Period | SEABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.0% | -9.5% | 3.8% | 80.34% |
1 Yr | 0.3% | -10.1% | 15.1% | 53.39% |
3 Yr | -3.1%* | -11.0% | 25.3% | 34.70% |
5 Yr | -1.5%* | -6.9% | 191.1% | 97.50% |
10 Yr | N/A* | -2.6% | 73.5% | 99.20% |
* Annualized
Return Ranking - Calendar
Period | SEABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.5% | -16.2% | 8.1% | 5.50% |
2022 | -12.9% | -34.7% | 131.9% | 5.31% |
2021 | -4.5% | -11.6% | 4.4% | 89.13% |
2020 | 1.8% | -10.1% | 946.1% | 89.31% |
2019 | 0.4% | -1.7% | 16.9% | 98.97% |
Total Return Ranking - Trailing
Period | SEABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.0% | -9.5% | 3.8% | 80.34% |
1 Yr | 0.3% | -10.1% | 15.1% | 53.39% |
3 Yr | -3.1%* | -11.0% | 25.3% | 34.70% |
5 Yr | -1.5%* | -6.9% | 191.1% | 97.50% |
10 Yr | N/A* | -2.6% | 73.5% | 99.08% |
* Annualized
Total Return Ranking - Calendar
Period | SEABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.5% | -11.3% | 11.0% | 68.40% |
2022 | -11.6% | -32.2% | 131.9% | 8.78% |
2021 | -3.3% | -9.4% | 9.2% | 97.87% |
2020 | 3.6% | -1.9% | 1009.0% | 96.91% |
2019 | 3.9% | 1.1% | 21668.0% | 98.85% |
NAV & Total Return History
SEABX - Holdings
Concentration Analysis
SEABX | Category Low | Category High | SEABX % Rank | |
---|---|---|---|---|
Net Assets | 190 M | 2.9 M | 314 B | 81.24% |
Number of Holdings | 159 | 1 | 17889 | 90.10% |
Net Assets in Top 10 | 30.2 M | -106 M | 34.8 B | 86.90% |
Weighting of Top 10 | 15.84% | 4.4% | 134.1% | 77.67% |
Top 10 Holdings
- QCOM 4.65 05/20/35 2.12%
- Northern Inst Fds TREAS PRT PRMR 2.00%
- LHX 5.4 07/31/33 1.62%
- CMCSA 3.7 04/15/24 1.57%
- AXP 4.05 05/03/29 1.55%
- ADBE 3.25 02/01/25 1.55%
- VLO 4 04/01/29 1.52%
- NKE 2.85 03/27/30 1.44%
- FHR 3779 KY 1.29%
- HD 5.875 12/16/36 1.16%
Asset Allocation
Weighting | Return Low | Return High | SEABX % Rank | |
---|---|---|---|---|
Bonds | 94.71% | 0.00% | 215.98% | 49.20% |
Cash | 2.84% | -54.51% | 79.52% | 49.10% |
Other | 2.44% | -13.23% | 50.66% | 62.90% |
Stocks | 0.00% | 0.00% | 99.83% | 59.68% |
Preferred Stocks | 0.00% | 0.00% | 74.68% | 56.40% |
Convertible Bonds | 0.00% | 0.00% | 7.93% | 90.85% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SEABX % Rank | |
---|---|---|---|---|
Corporate | 65.78% | 0.00% | 100.00% | 0.80% |
Government | 23.63% | 0.00% | 86.23% | 52.72% |
Securitized | 5.14% | 0.00% | 98.40% | 95.57% |
Municipal | 3.39% | 0.00% | 100.00% | 10.46% |
Cash & Equivalents | 2.00% | 0.00% | 76.23% | 57.50% |
Derivative | 0.00% | -9.72% | 50.66% | 67.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SEABX % Rank | |
---|---|---|---|---|
US | 94.71% | 0.00% | 215.98% | 44.30% |
Non US | 0.00% | 0.00% | 33.48% | 62.20% |
SEABX - Expenses
Operational Fees
SEABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.64% | 0.01% | 39.10% | 56.05% |
Management Fee | 0.32% | 0.00% | 1.00% | 37.17% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.50% | 39.80% |
Sales Fees
SEABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SEABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
SEABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 24.00% | 2.00% | 493.39% | 5.18% |
SEABX - Distributions
Dividend Yield Analysis
SEABX | Category Low | Category High | SEABX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.84% | 0.00% | 10.11% | 96.81% |
Dividend Distribution Analysis
SEABX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
SEABX | Category Low | Category High | SEABX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.28% | 4.79% | 96.08% |
Capital Gain Distribution Analysis
SEABX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 18, 2024 | $0.112 | OrdinaryDividend |
Dec 22, 2023 | $0.161 | OrdinaryDividend |
Sep 18, 2023 | $0.136 | OrdinaryDividend |
Jun 20, 2023 | $0.098 | OrdinaryDividend |
Mar 20, 2023 | $0.081 | OrdinaryDividend |
Dec 16, 2022 | $0.128 | OrdinaryDividend |
Sep 09, 2022 | $0.146 | OrdinaryDividend |
Jun 10, 2022 | $0.039 | OrdinaryDividend |
Mar 11, 2022 | $0.066 | OrdinaryDividend |
Dec 17, 2021 | $0.119 | OrdinaryDividend |
Sep 10, 2021 | $0.091 | OrdinaryDividend |
Jun 11, 2021 | $0.077 | OrdinaryDividend |
Mar 12, 2021 | $0.081 | OrdinaryDividend |
Dec 18, 2020 | $0.122 | OrdinaryDividend |
Sep 11, 2020 | $0.120 | OrdinaryDividend |
Jun 12, 2020 | $0.137 | OrdinaryDividend |
Mar 13, 2020 | $0.107 | OrdinaryDividend |
Dec 20, 2019 | $0.534 | OrdinaryDividend |
Sep 13, 2019 | $0.439 | OrdinaryDividend |
Mar 19, 2018 | $0.285 | OrdinaryDividend |
Dec 18, 2017 | $0.159 | OrdinaryDividend |
SEABX - Fund Manager Analysis
Managers
Victoria Fernandez
Start Date
Tenure
Tenure Rank
Jan 01, 2014
8.42
8.4%
Victoria Fernandez joined Crossmark in July 2012 and serves as the Chief Market Strategist. She works with the firm's executive and research teams to analyze current market trends and provide comments to the media and public around Crossmark's investment outlook. She is also responsible for managing the Fixed Income Investment team and serves as Portfolio Manager on the firm's taxable fixed income products. Victoria began her career in 1994 at Fayez Sarofim & Company, a Houston-based financial advisory firm. During her 18 years at the firm, Victoria enhanced her knowledge of the industry through a variety of roles within the fixed income division including Head Trader, Municipal Portfolio Manager and as an Associate on the management team. Born and raised in Houston, Texas, Victoria remained in her hometown to ear her Bachelor of Arts from Rice University. She also earned her MBA from the May's Business School at Texas A&M University and is a CFA Charterholder. As an active member of her community, Victoria has served on the boards of local non-profit organizations and religious institutions. She stay busy supporting her two children in their athletic and academic pursuits, along with volunteering in National Charity League, a mother-daughter volunteer organization, and Literacy Strong, a non-profit developed by her daughter to fight illiteracy in Houston. Victoria currently resides in Houston, Texas and when not in the office, she enjoys walking her Labradoodle and diving into a good book.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.81 | 1.16 |