Bonds
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
AGEPX American Beacon Frontier Markets Income Fund | Emerging Markets Bonds | 17% |
CBLDX CrossingBridge Low Duration High Yield Fund | Multisector Bonds | 17% |
FFRHX Fidelity Floating Rate High Income Fund | High Yield Bonds | 16% |
ICMUX Intrepid Income Fund | Multisector Bonds | 17% |
MNHYX Manning & Napier High Yield Bond Series | High Yield Bonds | 17% |
RCTIX River Canyon Total Return Bond Fund | Short-Term Bond | 16% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Bonds, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Jan 31, 2018, corresponding to the inception date of CBLDX
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -5.91% | -9.57% | 5.19% | 12.98% | 9.68% |
| Bonds | -0.21% | -1.53% | 1.04% | 6.72% | 6.94% | N/A |
| Portfolio components: | ||||||
CBLDX CrossingBridge Low Duration High Yield Fund | 0.87% | -0.52% | 1.99% | 5.32% | 5.62% | N/A |
ICMUX Intrepid Income Fund | -0.35% | -1.75% | 0.97% | 8.09% | 8.08% | 4.87% |
FFRHX Fidelity Floating Rate High Income Fund | -1.49% | -1.24% | 0.59% | 4.87% | 7.24% | 4.43% |
AGEPX American Beacon Frontier Markets Income Fund | -0.32% | -2.68% | 1.94% | 7.35% | 7.52% | 5.13% |
RCTIX River Canyon Total Return Bond Fund | 1.44% | -0.60% | 1.84% | 7.70% | 5.51% | 4.84% |
MNHYX Manning & Napier High Yield Bond Series | -1.24% | -2.23% | -0.86% | 6.90% | 7.63% | 5.20% |
Monthly Returns
The table below presents the monthly returns of Bonds, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.20% | 0.65% | -0.59% | -1.45% | -0.21% | ||||||||
| 2024 | 0.91% | 0.75% | 1.35% | 0.16% | 0.93% | 0.44% | 1.31% | 0.92% | 1.26% | 0.25% | 0.92% | 0.33% | 9.93% |
| 2023 | 2.51% | -0.33% | -0.02% | 0.69% | 0.23% | 1.61% | 1.52% | 0.16% | -0.16% | -0.16% | 2.53% | 2.10% | 11.15% |
| 2022 | -0.30% | -0.78% | -0.94% | -0.70% | -0.71% | -3.43% | 1.05% | 0.46% | -2.11% | 0.73% | 2.17% | -0.12% | -4.68% |
| 2021 | 1.06% | 0.98% | 0.48% | 1.20% | 0.68% | 0.50% | 0.36% | 1.09% | -0.02% | 0.51% | -0.79% | 0.26% | 6.47% |
| 2020 | 0.46% | -0.54% | -9.94% | 2.05% | 3.28% | 1.87% | 1.90% | 1.81% | -0.34% | 0.29% | 2.91% | 1.35% | 4.49% |
| 2019 | 2.84% | 0.85% | 0.39% | 1.01% | -0.01% | 0.98% | 0.51% | -0.06% | 0.58% | 0.13% | 0.37% | 0.90% | 8.79% |
| 2018 | -0.19% | -0.06% | 0.38% | -0.21% | -0.10% | 0.96% | -0.06% | 0.15% | -0.37% | -0.48% | -0.62% | -0.61% |
Expense Ratio
Bonds has a high expense ratio of 0.94%, indicating above-average management fees. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, Bonds is among the top 2% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
CBLDX CrossingBridge Low Duration High Yield Fund | 6.09 | 8.95 | 2.87 | 5.22 | 32.79 |
ICMUX Intrepid Income Fund | 3.19 | 4.25 | 1.84 | 2.56 | 13.28 |
FFRHX Fidelity Floating Rate High Income Fund | 1.54 | 2.49 | 1.60 | 1.48 | 8.18 |
AGEPX American Beacon Frontier Markets Income Fund | 1.72 | 2.28 | 1.41 | 1.28 | 7.77 |
RCTIX River Canyon Total Return Bond Fund | 3.24 | 5.00 | 1.69 | 5.19 | 16.92 |
MNHYX Manning & Napier High Yield Bond Series | 1.99 | 2.56 | 1.45 | 1.56 | 7.73 |
Dividends
Dividend yield
Bonds provided a 8.21% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 8.21% | 8.26% | 8.26% | 6.33% | 4.71% | 4.89% | 4.87% | 4.70% | 4.00% | 3.95% | 4.42% | 2.55% |
| Portfolio components: | ||||||||||||
CBLDX CrossingBridge Low Duration High Yield Fund | 6.66% | 7.12% | 7.66% | 4.19% | 3.60% | 3.96% | 2.86% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% |
ICMUX Intrepid Income Fund | 8.18% | 7.86% | 9.06% | 8.19% | 5.98% | 5.56% | 3.34% | 3.07% | 2.87% | 3.01% | 3.53% | 3.34% |
FFRHX Fidelity Floating Rate High Income Fund | 8.26% | 8.33% | 8.25% | 5.06% | 3.27% | 3.85% | 5.17% | 4.75% | 4.01% | 3.94% | 4.25% | 4.00% |
AGEPX American Beacon Frontier Markets Income Fund | 11.65% | 11.93% | 9.40% | 8.76% | 7.66% | 7.08% | 8.40% | 9.57% | 7.08% | 7.84% | 7.43% | 2.96% |
RCTIX River Canyon Total Return Bond Fund | 7.82% | 7.90% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 0.00% |
MNHYX Manning & Napier High Yield Bond Series | 6.68% | 6.40% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Bonds. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Bonds was 14.23%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
The current Bonds drawdown is 2.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.23% | Feb 21, 2020 | 22 | Mar 23, 2020 | 159 | Nov 5, 2020 | 181 |
| -8.23% | Nov 9, 2021 | 171 | Jul 14, 2022 | 262 | Jul 26, 2023 | 433 |
| -2.98% | Mar 4, 2025 | 29 | Apr 11, 2025 | — | — | — |
| -1.76% | Oct 4, 2018 | 58 | Dec 27, 2018 | 18 | Jan 24, 2019 | 76 |
| -1.13% | Sep 18, 2023 | 25 | Oct 19, 2023 | 11 | Nov 3, 2023 | 36 |
Volatility
Volatility Chart
The current Bonds volatility is 1.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| RCTIX | CBLDX | FFRHX | AGEPX | ICMUX | MNHYX | |
|---|---|---|---|---|---|---|
| RCTIX | 1.00 | 0.25 | 0.16 | 0.22 | 0.29 | 0.34 |
| CBLDX | 0.25 | 1.00 | 0.35 | 0.31 | 0.33 | 0.48 |
| FFRHX | 0.16 | 0.35 | 1.00 | 0.36 | 0.38 | 0.49 |
| AGEPX | 0.22 | 0.31 | 0.36 | 1.00 | 0.38 | 0.50 |
| ICMUX | 0.29 | 0.33 | 0.38 | 0.38 | 1.00 | 0.52 |
| MNHYX | 0.34 | 0.48 | 0.49 | 0.50 | 0.52 | 1.00 |