Trust For Credit Unions U-S Dur Inv
Name
As of 05/09/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
-3.1%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
-0.7%
Net Assets
$1.2 B
Holdings in Top 10
23.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/09/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TCUYX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return -0.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTrust For Credit Unions Ultra-Short Duration Portfolio
-
Fund Family NameTrust for Credit Unions
-
Inception DateNov 30, 2012
-
Shares Outstanding47606622
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Perry
Fund Description
INVESTMENT ADVISOR’S INVESTMENT PHILOSOPHY: |
TCUYX - Performance
Return Ranking - Trailing
Period | TCUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -4.7% | 2.6% | 75.54% |
1 Yr | -3.1% | -6.1% | 6.9% | 89.66% |
3 Yr | -1.1%* | -2.9% | 3.7% | 73.15% |
5 Yr | -0.7%* | -11.1% | 2.6% | 80.45% |
10 Yr | -0.6%* | -5.1% | 1.5% | 77.32% |
* Annualized
Return Ranking - Calendar
Period | TCUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.3% | -6.4% | 2.3% | 86.96% |
2022 | -0.1% | -1.6% | 21.9% | 37.50% |
2021 | 0.2% | -21.0% | 5.8% | 38.89% |
2020 | 0.0% | -9.4% | 2.6% | 75.00% |
2019 | -0.1% | -12.9% | 6.1% | 73.45% |
Total Return Ranking - Trailing
Period | TCUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -6.5% | 2.6% | 75.54% |
1 Yr | -3.1% | -6.1% | 6.9% | 89.66% |
3 Yr | -1.1%* | -2.9% | 3.7% | 73.15% |
5 Yr | -0.7%* | -11.1% | 2.6% | 82.12% |
10 Yr | -0.6%* | -5.1% | 1.5% | 77.32% |
* Annualized
Total Return Ranking - Calendar
Period | TCUYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.3% | -6.4% | 2.3% | 86.96% |
2022 | -0.1% | -1.6% | 21.9% | 37.50% |
2021 | 0.2% | -21.0% | 5.8% | 38.89% |
2020 | 0.0% | -9.4% | 2.6% | 75.00% |
2019 | -0.1% | -12.9% | 6.1% | 77.40% |
NAV & Total Return History
TCUYX - Holdings
Concentration Analysis
TCUYX | Category Low | Category High | TCUYX % Rank | |
---|---|---|---|---|
Net Assets | 1.2 B | 24.5 K | 19.8 B | 46.28% |
Number of Holdings | 192 | 1 | 3396 | 68.88% |
Net Assets in Top 10 | 280 M | -200 M | 16.1 B | 36.10% |
Weighting of Top 10 | 23.37% | 2.6% | 100.0% | 42.24% |
Top 10 Holdings
- United States Treasury Notes 1.75% 4.02%
- United States Treasury Notes 1.75% 3.51%
- United States Treasury Notes 2% 3.10%
- United States Treasury Bills 0% 3.08%
- Government National Mortgage Association 0.88% 0.88% 2.95%
- FHLMC CMO 0.47% 2.65%
- Federal National Mortgage Association 0.68% 0.68% 2.60%
- United States Treasury Notes 1.63% 2.58%
- Fnma Pass-Thru I 0.64% 0.64% 2.57%
- United States Treasury Bills 0% 2.47%
Asset Allocation
Weighting | Return Low | Return High | TCUYX % Rank | |
---|---|---|---|---|
Bonds | 85.37% | 0.00% | 123.41% | 41.08% |
Cash | 14.63% | -24.02% | 100.00% | 48.13% |
Stocks | 0.00% | 0.00% | 3.35% | 95.85% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 95.85% |
Other | 0.00% | -10.38% | 3.22% | 94.61% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 99.59% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TCUYX % Rank | |
---|---|---|---|---|
Securitized | 83.23% | 0.00% | 100.00% | 9.13% |
Cash & Equivalents | 14.63% | 0.00% | 100.00% | 48.55% |
Government | 1.39% | 0.00% | 100.00% | 56.02% |
Corporate | 0.75% | 0.00% | 99.91% | 83.40% |
Derivative | 0.00% | 0.00% | 23.15% | 96.27% |
Municipal | 0.00% | 0.00% | 70.39% | 98.34% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TCUYX % Rank | |
---|---|---|---|---|
US | 85.37% | 0.00% | 100.00% | 16.60% |
Non US | 0.00% | 0.00% | 72.88% | 99.59% |
TCUYX - Expenses
Operational Fees
TCUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.24% | 0.03% | 4.12% | 81.59% |
Management Fee | 0.08% | 0.00% | 1.19% | 2.48% |
12b-1 Fee | 0.03% | 0.00% | 1.00% | 30.85% |
Administrative Fee | 0.05% | 0.01% | 0.40% | 18.27% |
Sales Fees
TCUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
TCUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
TCUYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 0.00% | 369.54% | 12.94% |
TCUYX - Distributions
Dividend Yield Analysis
TCUYX | Category Low | Category High | TCUYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.70% | 87.97% |
Dividend Distribution Analysis
TCUYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
TCUYX | Category Low | Category High | TCUYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.23% | -1.30% | 14.86% | 71.12% |
Capital Gain Distribution Analysis
TCUYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2022 | $0.023 | OrdinaryDividend |
Oct 31, 2022 | $0.019 | OrdinaryDividend |
Sep 30, 2022 | $0.016 | OrdinaryDividend |
Aug 31, 2022 | $0.010 | OrdinaryDividend |
Jul 29, 2022 | $0.007 | OrdinaryDividend |
Jun 30, 2022 | $0.003 | OrdinaryDividend |
May 31, 2022 | $0.002 | OrdinaryDividend |
Apr 29, 2022 | $0.002 | OrdinaryDividend |
Mar 31, 2022 | $0.002 | OrdinaryDividend |
Feb 28, 2022 | $0.001 | OrdinaryDividend |
Jan 31, 2022 | $0.001 | OrdinaryDividend |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Dec 29, 2021 | $0.001 | OrdinaryDividend |
Nov 30, 2021 | $0.002 | OrdinaryDividend |
Oct 29, 2021 | $0.002 | OrdinaryDividend |
Sep 30, 2021 | $0.002 | OrdinaryDividend |
Aug 31, 2021 | $0.002 | OrdinaryDividend |
Jul 30, 2021 | $0.002 | OrdinaryDividend |
Jun 30, 2021 | $0.001 | OrdinaryDividend |
May 28, 2021 | $0.002 | OrdinaryDividend |
Apr 30, 2021 | $0.002 | OrdinaryDividend |
Mar 31, 2021 | $0.002 | OrdinaryDividend |
Feb 26, 2021 | $0.002 | OrdinaryDividend |
Jan 29, 2021 | $0.003 | OrdinaryDividend |
Dec 31, 2020 | $0.003 | OrdinaryDividend |
Nov 30, 2020 | $0.003 | OrdinaryDividend |
Oct 30, 2020 | $0.003 | OrdinaryDividend |
Sep 30, 2020 | $0.004 | OrdinaryDividend |
Aug 31, 2020 | $0.004 | OrdinaryDividend |
Jul 31, 2020 | $0.004 | OrdinaryDividend |
Jun 30, 2020 | $0.005 | OrdinaryDividend |
May 29, 2020 | $0.008 | OrdinaryDividend |
Apr 30, 2020 | $0.011 | OrdinaryDividend |
Mar 31, 2020 | $0.013 | OrdinaryDividend |
Feb 28, 2020 | $0.014 | OrdinaryDividend |
Jan 31, 2020 | $0.015 | OrdinaryDividend |
Dec 31, 2019 | $0.016 | OrdinaryDividend |
Nov 29, 2019 | $0.016 | OrdinaryDividend |
Oct 31, 2019 | $0.018 | OrdinaryDividend |
Sep 30, 2019 | $0.018 | OrdinaryDividend |
Aug 30, 2019 | $0.019 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
Jun 28, 2019 | $0.020 | OrdinaryDividend |
May 31, 2019 | $0.020 | OrdinaryDividend |
Apr 30, 2019 | $0.020 | OrdinaryDividend |
May 31, 2018 | $0.015 | DailyAccrualFund |
Apr 30, 2018 | $0.014 | DailyAccrualFund |
Mar 30, 2018 | $0.013 | DailyAccrualFund |
Feb 28, 2018 | $0.011 | DailyAccrualFund |
Jan 31, 2018 | $0.012 | DailyAccrualFund |
Dec 29, 2017 | $0.010 | DailyAccrualFund |
Nov 30, 2017 | $0.010 | DailyAccrualFund |
Oct 31, 2017 | $0.010 | DailyAccrualFund |
Sep 29, 2017 | $0.010 | DailyAccrualFund |
Aug 31, 2017 | $0.010 | DailyAccrualFund |
Jul 31, 2017 | $0.010 | DailyAccrualFund |
Jun 30, 2017 | $0.009 | DailyAccrualFund |
May 31, 2017 | $0.008 | DailyAccrualFund |
Apr 28, 2017 | $0.006 | DailyAccrualFund |
Mar 31, 2017 | $0.006 | DailyAccrualFund |
Feb 28, 2017 | $0.008 | DailyAccrualFund |
Jan 31, 2017 | $0.008 | DailyAccrualFund |
Dec 30, 2016 | $0.006 | DailyAccrualFund |
Nov 30, 2016 | $0.004 | DailyAccrualFund |
Oct 31, 2016 | $0.004 | DailyAccrualFund |
Sep 30, 2016 | $0.004 | DailyAccrualFund |
Aug 31, 2016 | $0.004 | DailyAccrualFund |
Jul 29, 2016 | $0.004 | DailyAccrualFund |
Jun 30, 2016 | $0.004 | DailyAccrualFund |
May 31, 2016 | $0.004 | DailyAccrualFund |
Apr 29, 2016 | $0.004 | DailyAccrualFund |
Mar 31, 2016 | $0.005 | DailyAccrualFund |
Feb 29, 2016 | $0.006 | DailyAccrualFund |
Jan 29, 2016 | $0.005 | DailyAccrualFund |
Dec 31, 2015 | $0.004 | DailyAccrualFund |
Nov 30, 2015 | $0.003 | DailyAccrualFund |
Oct 30, 2015 | $0.004 | DailyAccrualFund |
Sep 30, 2015 | $0.003 | DailyAccrualFund |
Aug 31, 2015 | $0.002 | DailyAccrualFund |
Jul 31, 2015 | $0.002 | DailyAccrualFund |
Jun 30, 2015 | $0.002 | DailyAccrualFund |
May 29, 2015 | $0.002 | DailyAccrualFund |
Apr 30, 2015 | $0.001 | DailyAccrualFund |
Mar 31, 2015 | $0.001 | DailyAccrualFund |
Feb 27, 2015 | $0.002 | DailyAccrualFund |
Jan 30, 2015 | $0.002 | DailyAccrualFund |
Dec 31, 2014 | $0.003 | DailyAccrualFund |
Nov 28, 2014 | $0.003 | DailyAccrualFund |
Oct 31, 2014 | $0.003 | DailyAccrualFund |
Sep 30, 2014 | $0.003 | DailyAccrualFund |
Aug 29, 2014 | $0.003 | DailyAccrualFund |
Jul 31, 2014 | $0.003 | DailyAccrualFund |
Jun 30, 2014 | $0.003 | DailyAccrualFund |
May 31, 2014 | $0.003 | DailyAccrualFund |
Apr 30, 2014 | $0.004 | DailyAccrualFund |
Mar 31, 2014 | $0.004 | DailyAccrualFund |
Feb 28, 2014 | $0.004 | DailyAccrualFund |
Jan 31, 2014 | $0.004 | DailyAccrualFund |
Dec 31, 2013 | $0.005 | DailyAccrualFund |
Nov 29, 2013 | $0.006 | DailyAccrualFund |
Oct 31, 2013 | $0.005 | DailyAccrualFund |
Sep 30, 2013 | $0.004 | DailyAccrualFund |
Aug 30, 2013 | $0.003 | DailyAccrualFund |
Jul 31, 2013 | $0.005 | DailyAccrualFund |
Jun 28, 2013 | $0.004 | DailyAccrualFund |
May 31, 2013 | $0.003 | DailyAccrualFund |
Apr 30, 2013 | $0.003 | DailyAccrualFund |
Mar 28, 2013 | $0.004 | DailyAccrualFund |
Feb 28, 2013 | $0.004 | DailyAccrualFund |
Jan 31, 2013 | $0.004 | DailyAccrualFund |
Dec 31, 2012 | $0.004 | DailyAccrualFund |
TCUYX - Fund Manager Analysis
Managers
Robert Perry
Start Date
Tenure
Tenure Rank
May 12, 2017
5.05
5.1%
PMr. Perry joined ALM First in 2010 and has more than 28 years of experience in the banking and bank consulting business. He leads ALM First’s ALM and Investment Strategy Groups and is responsible for the development of asset liability and investment portfolio themes for the firm. Before joining ALM First, Mr. Perry previously served as Managing Director of the ALM and Investment Strategy division of DataTech Management and Chief Investment Officer for First Coastal Bank. Previously, Mr. Perry was a Principal and Product Portfolio Manager at Smith Breeden Associates, Inc., where he managed Smith Breeden’s Enhanced Cash and Enhanced Equity strategies. Before that, he was an interest rate risk analyst for Centura Bank, and secretary to the asset/liabiity management committee. He also served as a director for Community First Financial Group, a multi-bank holding company located in Indianapolis, Indiana.
Jason Haley
Start Date
Tenure
Tenure Rank
May 12, 2017
5.05
5.1%
Mr. Haley joined ALM First in 2008. He has more than 16 of investment industry experience. Mr. Haley oversees ALM First’s Investment Management Group and is responsible for leading the investment process and investment theme development for the firm, including management of ALM First’s model portfolio strategies. Prior to joining ALM First, Mr. Haley worked for Cantor Fitzgerald LP, where he provided institutional clients with fixed-income products, portfolio analytics and strategies.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.54 | 7.92 |