CrossingBridge Ultra-Short Duration Fund (CBUDX)
The fund aims to provide a higher yield than cash instruments with low duration by investing in fixed income securities, without restrictions on issuer credit quality or security maturity. It focuses primarily on securities denominated in U.S. dollars from issuers in developed markets.
Fund Info
Jun 29, 2021
$50,000
Expense Ratio
CBUDX has an expense ratio of 0.89%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
CrossingBridge Ultra-Short Duration Fund (CBUDX) returned 1.61% year-to-date (YTD) and 4.71% over the past 12 months.
CBUDX
1.61%
0.10%
2.04%
4.71%
4.86%
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of CBUDX, 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 | 0.52% | 0.33% | 0.26% | 0.38% | 0.10% | 1.61% | |||||||
| 2024 | 0.66% | 0.59% | 0.47% | 0.41% | 0.47% | 0.24% | 0.40% | 0.48% | 0.70% | 0.26% | 0.50% | 0.42% | 5.77% |
| 2023 | 0.35% | 0.35% | 0.33% | 0.32% | 0.67% | 0.11% | 0.58% | 0.62% | 0.45% | 0.35% | 0.88% | 0.45% | 5.61% |
| 2022 | -0.10% | 0.18% | -0.09% | 0.20% | 0.13% | -0.12% | 0.38% | 0.32% | 0.06% | 0.23% | 0.54% | 0.06% | 1.80% |
| 2021 | 0.10% | -0.10% | 0.10% | 0.10% | -0.04% | 0.01% | 0.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, CBUDX is among the top 1% 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 CrossingBridge Ultra-Short Duration Fund (CBUDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
CrossingBridge Ultra-Short Duration Fund provided a 4.68% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.47 | $0.57 | $0.56 | $0.31 | $0.02 |
Dividend yield | 4.68% | 5.70% | 5.67% | 3.13% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for CrossingBridge Ultra-Short Duration 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 | $0.03 | $0.03 | $0.04 | $0.04 | $0.00 | $0.14 | |||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.06 | $0.57 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.05 | $0.56 |
| 2022 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.11 | $0.31 |
| 2021 | $0.02 | $0.00 | $0.02 |
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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the CrossingBridge Ultra-Short Duration 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 Ultra-Short Duration Fund was 0.64%, occurring on Dec 29, 2022. Recovery took 31 trading sessions.
The current CrossingBridge Ultra-Short Duration Fund drawdown is 0.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.64% | Dec 29, 2022 | 1 | Dec 29, 2022 | 31 | Feb 14, 2023 | 32 |
| -0.4% | May 28, 2025 | 1 | May 28, 2025 | — | — | — |
| -0.3% | Apr 3, 2025 | 5 | Apr 9, 2025 | 5 | Apr 16, 2025 | 10 |
| -0.3% | Jun 13, 2022 | 4 | Jun 16, 2022 | 23 | Jul 21, 2022 | 27 |
| -0.29% | Jun 27, 2023 | 3 | Jun 29, 2023 | 3 | Jul 5, 2023 | 6 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...