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North Square Strategic Income Fund (ADVNX)

Mutual Fund · Currency in USD · Last updated Sep 23, 2023

The fund pursues its investment objectives by primarily investing in preferred securities and other income producing securities, including convertible securities, debt securities, common stocks, derivatives, real estate investment trusts and securities of other investment companies such as closed-end funds and exchange traded funds. Under normal market conditions, it primarily invests in preferred and debt securities.

Summary

Fund Info

ISINUS66263L7910
CUSIP66263L791
IssuerNorth Square
Inception DateDec 30, 2012
CategoryMultisector Bonds
Minimum Investment$1,000,000
Asset ClassBond

Expense Ratio

The North Square Strategic Income Fund has a high expense ratio of 0.90%, indicating higher-than-average management fees.


0.90%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in North Square Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
2.14%
8.78%
ADVNX (North Square Strategic Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ADVNX

North Square Strategic Income Fund

Return

North Square Strategic Income Fund had a return of -0.03% year-to-date (YTD) and 0.94% in the last 12 months. Over the past 10 years, North Square Strategic Income Fund had an annualized return of 3.68%, while the S&P 500 had an annualized return of 9.86%, indicating that North Square Strategic Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.58%-1.94%
6 months1.96%8.61%
Year-To-Date-0.03%12.52%
1 year0.94%16.97%
5 years (annualized)3.48%8.29%
10 years (annualized)3.68%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-2.34%-1.34%0.45%-0.89%0.60%2.16%-0.77%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for North Square Strategic Income Fund (ADVNX) and S&P 500 (^GSPC). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ADVNX
North Square Strategic Income Fund
0.06
^GSPC
S&P 500
0.81

Sharpe Ratio

The current North Square Strategic Income Fund Sharpe ratio is 0.06. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AprilMayJuneJulyAugustSeptember
0.06
0.81
ADVNX (North Square Strategic Income Fund)
Benchmark (^GSPC)

Dividend History

North Square Strategic Income Fund granted a 4.18% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$0.36$0.25$0.52$0.71$0.32$0.35$0.38$0.39$0.59$0.49$0.62

Dividend yield

4.18%2.88%5.54%8.01%3.98%4.85%5.26%5.61%8.80%7.49%10.18%

Monthly Dividends

The table displays the monthly dividend distributions for North Square Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.04$0.03$0.03$0.03$0.03$0.03$0.04$0.03
2022$0.01$0.02$0.02$0.01$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.02
2021$0.02$0.01$0.03$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.28
2020$0.02$0.05$0.01$0.02$0.02$0.03$0.02$0.01$0.02$0.00$0.03$0.49
2019$0.01$0.02$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.00$0.05$0.04
2018$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.00$0.05$0.04
2017$0.02$0.04$0.04$0.02$0.04$0.03$0.03$0.03$0.03$0.00$0.05$0.05
2016$0.01$0.04$0.04$0.03$0.03$0.04$0.02$0.04$0.03$0.02$0.03$0.05
2015$0.02$0.05$0.03$0.03$0.04$0.05$0.02$0.03$0.04$0.02$0.04$0.21
2014$0.04$0.00$0.06$0.03$0.04$0.04$0.03$0.04$0.04$0.04$0.02$0.11
2013$0.02$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.12

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%AprilMayJuneJulyAugustSeptember
-8.43%
-9.93%
ADVNX (North Square Strategic Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the North Square Strategic Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the North Square Strategic Income Fund is 11.85%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.85%Jan 3, 2022202Oct 20, 2022
-8.28%Mar 6, 202012Mar 23, 202025Apr 28, 202037
-7.85%May 13, 201369Aug 19, 2013171Apr 24, 2014240
-4.14%Nov 6, 201566Feb 11, 201646Apr 19, 2016112
-3.55%Sep 8, 201648Nov 14, 201695Apr 3, 2017143

Volatility Chart

The current North Square Strategic Income Fund volatility is 1.15%, 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.


1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
1.15%
3.41%
ADVNX (North Square Strategic Income Fund)
Benchmark (^GSPC)