Deer Park Total Return Credit Fund (DPFNX)
The fund will invest primarily in asset-backed debt securities ("ABS"), which are predominantly backed by mortgages on real estate. It will typically invest in both fixed and floating rate securities, although the ratio between the two will vary from time-to-time, depending upon market conditions and available investment opportunities. The fund's adviser has delegated management of the fund's portfolio to a sub-adviser. The fund may also invest in other types of asset-backed or debt securities.
Fund Info
| ISIN | US66537X1679 |
|---|---|
| CUSIP | 66537X167 |
| Issuer | Deer Park |
| Inception Date | Oct 16, 2015 |
| Category | High Yield Bonds |
| Min. Investment | $100,000 |
| Asset Class | Bond |
Expense Ratio
DPFNX has a high expense ratio of 1.77%, indicating higher-than-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 Deer Park Total Return Credit 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
Deer Park Total Return Credit Fund had a return of -1.15% year-to-date (YTD) and 2.69% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.15% | 5.21% |
| 1 month | -1.05% | -4.30% |
| 6 months | 3.89% | 18.42% |
| 1 year | 2.69% | 21.82% |
| 5 years (annualized) | 0.71% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.57% | -1.02% | 0.35% | -1.05% | ||||||||
| 2023 | -1.17% | 2.50% | 3.15% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DPFNX is 28, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Deer Park Total Return Credit Fund(DPFNX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Deer Park Total Return Credit Fund (DPFNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Deer Park Total Return Credit Fund granted a 7.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.60 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.60 | $0.55 | $0.54 | $0.54 | $0.61 | $0.67 | $0.51 | $0.56 | $0.02 |
Dividend yield | 7.08% | 6.83% | 6.06% | 5.04% | 5.16% | 5.63% | 6.11% | 4.46% | 5.17% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Deer Park Total Return 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | ||||||||
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2022 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2021 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2020 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.10 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 |
| 2017 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.11 |
| 2015 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Deer Park Total Return 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 Deer Park Total Return Credit Fund was 21.04%, occurring on Mar 25, 2020. Recovery took 210 trading sessions.
The current Deer Park Total Return Credit Fund drawdown is 8.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.04% | Feb 24, 2020 | 23 | Mar 25, 2020 | 210 | Jan 25, 2021 | 233 |
| -12.32% | Feb 1, 2022 | 440 | Oct 31, 2023 | — | — | — |
| -1.34% | Oct 31, 2018 | 39 | Dec 27, 2018 | 69 | Apr 8, 2019 | 108 |
| -1.16% | Feb 1, 2016 | 22 | Mar 2, 2016 | 22 | Apr 4, 2016 | 44 |
| -0.65% | Nov 8, 2021 | 14 | Nov 26, 2021 | 40 | Jan 25, 2022 | 54 |
Volatility
Volatility Chart
The current Deer Park Total Return Credit Fund volatility is 0.89%, 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.