Catholic Responsible Investments Opportunistic Bond Fund (CROVX)
The Mutual Fund primarily focuses on investing in fixed income securities and debt instruments, with the flexibility to allocate a portion of its assets to below-investment-grade debt securities. The sub-advisers actively manage the duration of the fund to align with the Bloomberg 1-5 Year Government Credit Index duration.
Fund Info
ISIN | US14919E8600 |
---|---|
Issuer | Catholic Responsible Investments Funds |
Inception Date | Dec 2, 2021 |
Category | Short-Term Bond |
Min. Investment | $5,000 |
Asset Class | Bond |
Expense Ratio
CROVX features an expense ratio of 0.56%, 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 Catholic Responsible Investments Opportunistic Bond 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
Catholic Responsible Investments Opportunistic Bond Fund had a return of 5.69% year-to-date (YTD) and 9.38% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.69% | 18.10% |
1 month | 1.44% | 1.42% |
6 months | 5.24% | 10.08% |
1 year | 9.38% | 26.58% |
5 years (annualized) | N/A | 13.42% |
10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of CROVX, 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 | 0.80% | -0.60% | 0.79% | -1.08% | 1.17% | 0.80% | 1.50% | 1.13% | 5.69% | ||||
2023 | 1.98% | -1.04% | 1.33% | 0.32% | -0.26% | -0.52% | 0.46% | 0.19% | -0.85% | -0.48% | 2.31% | 2.06% | 5.56% |
2022 | -1.00% | -0.60% | -1.20% | -1.12% | 0.03% | -0.86% | 0.93% | -1.12% | -2.29% | -0.82% | 1.87% | -0.19% | -6.23% |
2021 | -0.10% | -0.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CROVX is 87, placing it in the top 13% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Catholic Responsible Investments Opportunistic Bond Fund (CROVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Catholic Responsible Investments Opportunistic Bond Fund granted a 4.50% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
Period | TTM | 2023 | 2022 | 2021 |
---|---|---|---|---|
Dividend | $0.43 | $0.40 | $0.23 | $0.01 |
Dividend yield | 4.50% | 4.39% | 2.52% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Catholic Responsible Investments Opportunistic Bond 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 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.00 | $0.28 | |||
2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.40 |
2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.23 |
2021 | $0.01 | $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 Catholic Responsible Investments Opportunistic Bond 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 Catholic Responsible Investments Opportunistic Bond Fund was 8.23%, occurring on Oct 20, 2022. Recovery took 393 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-8.23% | Dec 20, 2021 | 211 | Oct 20, 2022 | 393 | May 15, 2024 | 604 |
-0.65% | May 16, 2024 | 9 | May 29, 2024 | 3 | Jun 3, 2024 | 12 |
-0.64% | Aug 5, 2024 | 4 | Aug 8, 2024 | 9 | Aug 21, 2024 | 13 |
-0.62% | Jun 26, 2024 | 4 | Jul 1, 2024 | 3 | Jul 5, 2024 | 7 |
-0.54% | Jun 7, 2024 | 2 | Jun 10, 2024 | 2 | Jun 12, 2024 | 4 |
Volatility
Volatility Chart
The current Catholic Responsible Investments Opportunistic Bond Fund volatility is 0.71%, 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.