- Issuer
- CrossingBridge
- Inception Date
- Jun 29, 2021
- Category
- Multisector Bonds
- Min. Investment
- $50,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
CBRDX Performance Chart
CrossingBridge Responsible Credit Fund (CBRDX) is up 0.6% since the beginning of the year. CBRDX is currently trading at $9 per share.
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Returns By Period
CrossingBridge Responsible Credit Fund (CBRDX) has returned 0.61% so far this year and 3.87% over the past 12 months.
CrossingBridge Responsible Credit Fund
- 1D
- -0.11%
- 1M
- 0.31%
- YTD
- 0.61%
- 6M
- 0.76%
- 1Y
- 3.87%
- 3Y*
- 6.19%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.41%
- 1M
- 4.48%
- YTD
- 10.79%
- 6M
- 10.60%
- 1Y
- 27.02%
- 3Y*
- 21.07%
- 5Y*
- 12.39%
- 10Y*
- 13.65%
CBRDX Monthly Returns History
Based on dividend-adjusted daily data since Jun 30, 2021, CBRDX's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, an investment would double in approximately 15.2 years.
Historically, 78% of months were positive and 22% were negative. The best month was Jul 2022 with a return of +2.2%, while the worst month was Jun 2022 at -1.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 2 months.
On a daily basis, CBRDX closed higher 37% of trading days. The best single day was Jul 25, 2022 with a return of +1.2%, while the worst single day was Jun 25, 2024 at -0.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | 0.38% | -0.66% | 0.20% | 0.09% | -0.00% | 0.61% | ||||||
| 2025 | 0.69% | 1.24% | -0.85% | -0.73% | 1.26% | 1.08% | 0.54% | 0.62% | 0.44% | 0.21% | 0.28% | 0.15% | 5.01% |
| 2024 | 0.65% | 1.04% | 0.77% | 0.51% | 0.50% | -0.50% | 0.83% | 0.68% | 0.57% | 0.38% | 1.30% | 0.27% | 7.21% |
| 2023 | 2.03% | 1.07% | -1.09% | 0.50% | -0.34% | 0.27% | 1.30% | 1.03% | 0.57% | 0.20% | 0.48% | 1.75% | 8.00% |
| 2022 | -0.28% | -0.24% | 0.26% | -0.84% | 0.84% | -1.93% | 2.17% | 0.47% | -0.81% | 0.82% | 0.44% | 0.65% | 1.49% |
| 2021 | -0.20% | 0.53% | 0.21% | 0.09% | 0.16% | 0.34% | 1.14% |
Benchmark Metrics
CrossingBridge Responsible Credit Fund has an annualized alpha of 4.25%, beta of 0.04, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since July 01, 2021.
- This fund captured 12.47% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.27%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.04 may look defensive, but with R2 of 0.10 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.10 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.25%
- Beta
- 0.04
- R²
- 0.10
- Upside Capture
- 12.47%
- Downside Capture
- -1.27%
Expense Ratio
CBRDX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CBRDX ranks 68 for risk / return — better than 68% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for CrossingBridge Responsible Credit Fund (CBRDX) and compare them to S&P 500 Index.
| CBRDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.41 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 2.98 | +0.82 |
| Martin ratioReturn relative to average drawdown | 10.26 | 13.78 | -3.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
CrossingBridge Responsible Credit Fund provided a 6.60% dividend yield over the last twelve months, with an annual payout of $0.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.68 | $0.79 | $0.81 | $0.63 | $0.13 |
Dividend yield | 6.60% | 7.52% | 8.57% | 8.57% | 6.67% | 1.34% |
Monthly Dividends
The table displays the monthly dividend distributions for CrossingBridge Responsible Credit 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.04 | $0.00 | $0.05 | $0.05 | $0.00 | $0.19 | ||||||
| 2025 | $0.06 | $0.06 | $0.03 | $0.06 | $0.05 | $0.05 | $0.07 | $0.07 | $0.04 | $0.05 | $0.07 | $0.06 | $0.68 |
| 2024 | $0.07 | $0.06 | $0.05 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.05 | $0.05 | $0.11 | $0.08 | $0.79 |
| 2023 | $0.05 | $0.06 | $0.09 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.08 | $0.05 | $0.06 | $0.07 | $0.81 |
| 2022 | $0.01 | $0.04 | $0.03 | $0.03 | $0.03 | $0.00 | $0.04 | $0.06 | $0.06 | $0.05 | $0.02 | $0.27 | $0.63 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.05 | $0.02 | $0.13 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the CrossingBridge Responsible Credit 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 CrossingBridge Responsible Credit Fund was 2.46%, occurring on Apr 10, 2025. Recovery took 49 trading sessions.
The current CrossingBridge Responsible Credit Fund drawdown is 0.60%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -2.46%Apr 2025 | 16d | 2mo 14d | 3moMar 2025 - Jun 2025 |
Bear market2022 | -2.40%Jun 2022 | 5mo 18d | 1mo 5d | 6mo 23dJan 2022 - Aug 2022 |
2023 pullback2023 | -1.86%Mar 2023 | 15d | 4mo 1d | 4mo 16dMar 2023 - Jul 2023 |
Bear market2022 | -1.45%Sep 2022 | 1mo 11d | 2mo 3d | 3mo 14dAug 2022 - Dec 2022 |
2026 pullback2026 | -1.02%May 2026 | 1mo 17d | — | 2mo 10dMar 2026 - now |
Drawdown Indicators
| CBRDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.46% | -56.78% | +54.32% |
Max Drawdown (1Y)Largest decline over 1 year | -1.02% | -9.10% | +8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -2.46% | -18.90% | +16.44% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.60% | -0.33% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -10.72% | +10.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 1.97% | -1.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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