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
US46141Q5844
46141Q584
Jul 30, 2009
$1,000,000
Expense Ratio
BDKNX has a high expense ratio of 1.53%, indicating above-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 (BDKNX) returned 1.56% year-to-date (YTD) and 6.90% over the past 12 months.
BDKNX
1.56%
-0.91%
2.05%
6.90%
7.85%
N/A
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.08% | 1.75% | 0.26% | -1.05% | -0.46% | 1.56% | |||||||
| 2024 | 1.03% | 0.43% | 1.41% | 0.02% | 0.99% | 1.08% | 1.27% | 0.79% | 1.24% | -0.07% | 0.88% | -0.39% | 9.00% |
| 2023 | 0.34% | 1.09% | 1.44% | 1.10% | 0.87% | 0.69% | 0.97% | 1.06% | 0.49% | 0.06% | 1.16% | 2.13% | 12.02% |
| 2022 | -0.14% | -1.44% | -2.46% | -0.30% | -2.78% | -1.73% | 0.55% | 1.45% | -0.87% | -1.88% | -0.69% | -1.93% | -11.65% |
| 2021 | 2.00% | 0.20% | -0.22% | 1.23% | 0.58% | 0.44% | 0.53% | 0.43% | 0.19% | 0.03% | -0.10% | 0.32% | 5.75% |
| 2020 | 0.98% | 0.49% | -51.20% | 13.16% | 7.01% | 10.51% | 0.67% | 1.91% | 1.33% | 0.77% | 1.63% | 2.19% | -27.92% |
| 2019 | 0.79% | 0.65% | 0.57% | 0.51% | 0.76% | 0.63% | 0.45% | 0.61% | 0.22% | 0.42% | 0.30% | 0.53% | 6.61% |
| 2018 | 0.36% | 0.31% | 0.25% | 0.24% | 0.76% | 0.35% | 0.48% | 0.55% | 0.38% | 0.17% | -0.05% | -0.61% | 3.25% |
| 2017 | 1.26% | 0.50% | 0.92% | 0.24% | 0.96% | 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
With an overall rank of 85, BDKNX is among the top 15% of mutual funds 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
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 provided a 7.08% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.42 | $0.42 | $0.34 | $0.27 | $0.31 | $0.42 | $0.45 | $0.51 | $0.57 |
Dividend yield | 7.08% | 6.45% | 6.58% | 5.46% | 3.67% | 4.32% | 4.04% | 4.43% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.03 | $0.05 | $0.05 | $0.00 | $0.18 | |||||||
| 2024 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.42 |
| 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 | $0.03 | $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 | $0.04 | $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 | $0.04 | $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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 17.77%.
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 1.49%, 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.