Leader Short Term High Yield Bond Fund (LCCMX)
The fund invests at least 80% of its net assets in non-investment grade bonds which the advisor defines as securities rated lower than Baa3 by Moody’s Investors Service BBB- by Standard & Poor’s Ratings Group, Fitch BBB-, or, if unrated, as determined by the Advisor to be of comparable quality. The fund’s effective average duration of its portfolio investments will normally be three years or less.
Fund Info
US52169B2025
52169B202
Jul 14, 2005
$2,500
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Leader Short Term High Yield 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
Leader Short Term High Yield Bond Fund had a return of 16.89% year-to-date (YTD) and 22.60% in the last 12 months. Over the past 10 years, Leader Short Term High Yield Bond Fund had an annualized return of 2.42%, while the S&P 500 had an annualized return of 11.13%, indicating that Leader Short Term High Yield Bond Fund did not perform as well as the benchmark.
LCCMX
16.89%
1.61%
5.59%
22.60%
5.34%
2.42%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of LCCMX, 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 | 5.67% | 1.08% | 2.36% | 1.38% | 1.23% | 0.26% | 1.10% | -0.46% | 1.13% | 1.86% | 16.89% | ||
| 2023 | 7.28% | -2.27% | -3.02% | -0.40% | 0.00% | 4.78% | 3.02% | 0.19% | 2.53% | -1.51% | 1.48% | 2.53% | 15.08% |
| 2022 | -2.00% | 0.07% | -0.03% | -1.49% | -2.14% | -5.68% | 2.90% | -1.00% | -7.34% | 0.69% | 3.57% | -0.67% | -12.85% |
| 2021 | -0.66% | 0.22% | 0.55% | -0.32% | 0.33% | 3.19% | -1.51% | 0.06% | 1.03% | 0.61% | -2.95% | 0.86% | 1.31% |
| 2020 | -0.81% | -4.15% | -14.46% | 6.63% | 2.93% | 1.94% | 0.88% | 2.20% | -0.58% | 4.24% | 5.40% | 4.93% | 7.52% |
| 2019 | 0.11% | 0.27% | 0.27% | 0.19% | 0.75% | 0.44% | -0.22% | 0.11% | -1.60% | -0.87% | -0.23% | 1.47% | 0.66% |
| 2018 | 0.14% | -0.19% | 0.21% | 0.46% | 0.51% | 0.72% | -0.10% | 0.45% | 0.57% | -0.13% | 0.15% | -0.47% | 2.34% |
| 2017 | 0.65% | 0.70% | -0.35% | 0.19% | 0.06% | 0.13% | 0.42% | -0.52% | 0.18% | 0.45% | -0.25% | 0.23% | 1.89% |
| 2016 | -1.56% | -1.15% | 0.90% | 0.82% | -0.10% | 0.83% | -0.27% | -0.11% | 0.02% | -0.57% | -0.18% | 0.39% | -1.01% |
| 2015 | 0.19% | 0.74% | 0.11% | 0.59% | 0.29% | -0.51% | -0.43% | -0.77% | -0.45% | -0.04% | -0.71% | -1.72% | -2.71% |
| 2014 | 0.40% | 0.80% | 0.40% | 0.60% | 0.38% | 0.28% | -0.33% | 0.09% | -0.50% | -0.10% | -0.24% | -1.82% | -0.06% |
| 2013 | 0.82% | 0.10% | 0.32% | 0.72% | 0.30% | -1.22% | 1.14% | 0.10% | 0.39% | 1.36% | 0.71% | 0.10% | 4.93% |
Expense Ratio
LCCMX has a high expense ratio of 2.55%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LCCMX is 96, placing it in the top 4% 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 Leader Short Term High Yield Bond Fund (LCCMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Leader Short Term High Yield Bond Fund provided a 10.74% dividend yield over the last twelve months, with an annual payout of $0.89 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.75 | $0.46 | $0.19 | $0.19 | $0.26 | $0.26 | $0.19 | $0.20 | $0.23 | $0.23 | $0.24 |
Dividend yield | 10.74% | 9.70% | 6.24% | 2.11% | 2.11% | 2.99% | 2.89% | 2.11% | 2.19% | 2.54% | 2.35% | 2.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Leader Short Term High Yield 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 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.00 | $0.73 | |
| 2023 | $0.00 | $0.04 | $0.07 | $0.04 | $0.04 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.75 |
| 2022 | $0.00 | $0.06 | $0.05 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.05 | $0.08 | $0.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 | $0.06 | $0.19 |
| 2020 | $0.00 | $0.04 | $0.02 | $0.00 | $0.01 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.00 | $0.01 | $0.19 |
| 2019 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.05 | $0.26 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.01 | $0.00 | $0.02 | $0.02 | $0.02 | $0.04 | $0.26 |
| 2017 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.19 |
| 2016 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.01 | $0.01 | $0.04 | $0.01 | $0.02 | $0.20 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.03 | $0.02 | $0.02 | $0.24 |
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 Leader Short Term High Yield 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 Leader Short Term High Yield Bond Fund was 24.81%, occurring on Mar 19, 2020. Recovery took 175 trading sessions.
The current Leader Short Term High Yield Bond Fund drawdown is 0.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.81% | Jul 1, 2014 | 1441 | Mar 19, 2020 | 175 | Nov 25, 2020 | 1616 |
| -18.78% | Nov 9, 2021 | 235 | Oct 14, 2022 | 316 | Jan 19, 2024 | 551 |
| -10.5% | Jun 4, 2008 | 191 | Mar 9, 2009 | 57 | May 29, 2009 | 248 |
| -6.7% | May 23, 2011 | 95 | Oct 5, 2011 | 205 | Jul 31, 2012 | 300 |
| -5.11% | Jul 21, 2005 | 41 | Sep 16, 2005 | 214 | Jul 26, 2006 | 255 |
Volatility
Volatility Chart
The current Leader Short Term High Yield Bond Fund volatility is 0.92%, 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.