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 features an expense ratio of 0.89%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in CrossingBridge Ultra-Short Duration 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
CrossingBridge Ultra-Short Duration Fund had a return of 0.73% year-to-date (YTD) and 5.52% in the last 12 months.
CBUDX
0.73%
0.42%
2.82%
5.52%
N/A
N/A
^GSPC (Benchmark)
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
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% | 0.73% | |||||||||||
| 2024 | 0.66% | 0.59% | 0.47% | 0.41% | 0.47% | 0.24% | 0.40% | 0.49% | 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 100, CBUDX is among the top 0% 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.
Dividends
Dividend History
CrossingBridge Ultra-Short Duration Fund provided a 5.47% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.55 | $0.56 | $0.56 | $0.25 | $0.01 |
Dividend yield | 5.47% | 5.63% | 5.67% | 2.50% | 0.07% |
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 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.56 |
| 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 | $0.05 | $0.25 |
| 2021 | $0.01 | $0.00 | $0.01 |
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 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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.64% | Dec 29, 2022 | 1 | Dec 29, 2022 | 31 | Feb 14, 2023 | 32 |
| -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 |
| -0.29% | Mar 2, 2022 | 24 | Apr 4, 2022 | 8 | Apr 14, 2022 | 32 |
| -0.24% | Nov 29, 2021 | 11 | Dec 13, 2021 | 53 | Mar 1, 2022 | 64 |
Volatility
Volatility Chart
The current CrossingBridge Ultra-Short Duration Fund volatility is 0.22%, 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.