Braddock Multi-Strategy Income Fund (BDKNX)
Under normal market conditions, the fund will pursue its investment strategy by investing primarily in asset-backed debt securities. It may also invest up to 15% of its net assets in illiquid securities, which may include certain collateralized loan obligations ("CLOs"). The fund is non-diversified.
Fund Info
ISIN | US46141Q5844 |
---|---|
CUSIP | 46141Q584 |
Issuer | Liberty Street |
Inception Date | Jul 30, 2009 |
Category | Multisector Bonds |
Min. Investment | $1,000,000 |
Asset Class | Bond |
Expense Ratio
BDKNX has a high expense ratio of 1.53%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Braddock Multi-Strategy 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.
Returns By Period
Braddock Multi-Strategy Income Fund had a return of 3.56% year-to-date (YTD) and 11.13% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.56% | 9.49% |
1 month | 0.95% | 1.20% |
6 months | 6.66% | 18.29% |
1 year | 11.13% | 26.44% |
5 years (annualized) | -4.14% | 12.64% |
10 years (annualized) | N/A | 10.67% |
Monthly Returns
The table below presents the monthly returns of BDKNX, 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.03% | 0.44% | 1.41% | 0.02% | 3.56% | ||||||||
2023 | 0.34% | 1.10% | 1.44% | 1.09% | 0.86% | 0.68% | 0.97% | 1.06% | 0.49% | 0.06% | 1.16% | 2.13% | 11.98% |
2022 | -0.14% | -1.44% | -2.46% | -0.30% | -2.78% | -1.73% | 0.54% | 1.45% | -0.88% | -1.88% | -0.69% | -1.92% | -11.64% |
2021 | 2.00% | 0.20% | -0.22% | 1.22% | 0.57% | 0.44% | 0.53% | 0.43% | 0.19% | 0.02% | -0.10% | 0.31% | 5.71% |
2020 | 0.98% | 0.49% | -51.20% | 13.17% | 7.02% | 10.51% | 0.67% | 1.91% | 1.32% | 0.76% | 1.62% | 2.19% | -27.91% |
2019 | 0.78% | 0.65% | 0.56% | 0.50% | 0.76% | 0.63% | 0.45% | 0.61% | 0.22% | 0.42% | 0.30% | 0.53% | 6.60% |
2018 | 0.36% | 0.32% | 0.25% | 0.25% | 0.76% | 0.35% | 0.47% | 0.55% | 0.38% | 0.17% | -0.05% | -0.60% | 3.24% |
2017 | 1.26% | 0.50% | 0.92% | 0.24% | 0.95% | 0.60% | 0.50% | 0.30% | 0.37% | 0.75% | 0.37% | 0.50% | 7.52% |
2016 | -0.36% | -0.11% | 0.97% | 0.86% | 0.67% | 0.45% | 1.69% | 0.87% | 0.71% | 0.20% | -0.26% | 0.54% | 6.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BDKNX is 84, placing it in the top 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
BDKNX (Braddock Multi-Strategy Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Braddock Multi-Strategy Income Fund (BDKNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Braddock Multi-Strategy Income Fund granted a 6.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
---|---|---|---|---|---|---|---|---|---|
Dividend | $0.41 | $0.42 | $0.34 | $0.27 | $0.31 | $0.42 | $0.45 | $0.51 | $0.57 |
Dividend yield | 6.34% | 6.55% | 5.46% | 3.63% | 4.32% | 4.03% | 4.42% | 4.96% | 5.68% |
Monthly Dividends
The table displays the monthly dividend distributions for Braddock Multi-Strategy Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.05 | $0.03 | $0.03 | $0.03 | $0.00 | $0.14 | |||||||
2023 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.05 | $0.42 |
2022 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.34 |
2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
2020 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.31 |
2019 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.42 |
2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.45 |
2017 | $0.06 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
2016 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.57 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Braddock Multi-Strategy Income Fund. 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 Braddock Multi-Strategy Income Fund was 67.62%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Braddock Multi-Strategy Income Fund drawdown is 23.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-67.62% | Mar 4, 2020 | 14 | Mar 23, 2020 | — | — | — |
-0.86% | Jan 6, 2016 | 32 | Feb 22, 2016 | 21 | Mar 22, 2016 | 53 |
-0.85% | Nov 20, 2018 | 26 | Dec 28, 2018 | 25 | Feb 5, 2019 | 51 |
-0.69% | Oct 28, 2016 | 21 | Nov 28, 2016 | 19 | Dec 23, 2016 | 40 |
-0.6% | Jun 24, 2016 | 2 | Jun 27, 2016 | 9 | Jul 11, 2016 | 11 |
Volatility
Volatility Chart
The current Braddock Multi-Strategy Income Fund volatility is 0.75%, 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.