Channel Short Duration Income Fund (FCIZX)
The investment seeks total return, comprised of both income and capital appreciation. Under normal conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income securities, including foreign fixed income securities from developed countries. The fund may meet this objective by directly investing in fixed income securities, or by investing in other investment companies (including exchange-traded funds ("ETFs")) that invest primarily in fixed income securities.
Fund Info
| ISIN | US90470K6698 |
|---|---|
| Issuer | FCI Funds |
| Inception Date | Oct 3, 2005 |
| Category | Intermediate Core Bond |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
FCIZX has a high expense ratio of 0.96%, 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 Channel Short Duration Income 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 11.29% |
| 1 month | N/A | 4.87% |
| 6 months | N/A | 17.88% |
| 1 year | N/A | 29.16% |
| 5 years (annualized) | N/A | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of FCIZX, 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 | 1.03% | 6.03% | |||||||||||
| 2023 | 0.34% | -6.83% | -1.89% | 8.73% | 6.46% | 6.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Channel Short Duration Income Fund (FCIZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Channel Short Duration Income Fund granted a 100.20% dividend yield in the last twelve months. The annual payout for that period amounted to $16.57 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $16.57 | $0.04 |
Dividend yield | 100.20% | 0.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Channel Short Duration Income 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 | $0.00 | $16.54 | $16.54 | ||||||||||
| 2023 | $0.04 | $0.04 |
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 Channel Short Duration Income 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 Channel Short Duration Income Fund was 10.67%, occurring on Oct 27, 2023. Recovery took 33 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.67% | Aug 31, 2023 | 41 | Oct 27, 2023 | 33 | Dec 14, 2023 | 74 |
| -3.71% | Dec 28, 2023 | 13 | Jan 17, 2024 | 7 | Jan 26, 2024 | 20 |
| -1.74% | Feb 13, 2024 | 1 | Feb 13, 2024 | 3 | Feb 16, 2024 | 4 |
| -0.97% | Dec 15, 2023 | 4 | Dec 20, 2023 | 4 | Dec 27, 2023 | 8 |
| -0.76% | Jan 31, 2024 | 1 | Jan 31, 2024 | 4 | Feb 6, 2024 | 5 |
Volatility
Volatility Chart
The current Channel Short Duration Income Fund volatility is 2.78%, 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.