Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX)
The fund typically invests 80% of its net assets, including borrowings, in high-quality floating rate debt securities. High-quality is defined by the advisor as ratings no lower than the A category by Standard & Poor's, Moody's, or Fitch Ratings at the time of purchase.
Fund Info
| ISIN | US52169B6083 |
|---|---|
| CUSIP | 52169B608 |
| Issuer | LEADER |
| Inception Date | Jul 30, 2010 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $2,500 |
| Home Page | www.leadercapital.com |
| Asset Class | Bond |
Expense Ratio
LCTRX has a high expense ratio of 2.33%, 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 Leader Capital High Quality Floating Rate Fund Investor Shares, 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 Capital High Quality Floating Rate Fund Investor Shares had a return of 2.36% year-to-date (YTD) and 8.58% in the last 12 months. Over the past 10 years, Leader Capital High Quality Floating Rate Fund Investor Shares had an annualized return of 3.26%, while the S&P 500 had an annualized return of 10.99%, indicating that Leader Capital High Quality Floating Rate Fund Investor Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.36% | 11.18% |
| 1 month | 0.24% | 5.60% |
| 6 months | 4.55% | 17.48% |
| 1 year | 8.58% | 26.33% |
| 5 years (annualized) | 5.55% | 13.16% |
| 10 years (annualized) | 3.26% | 10.99% |
Monthly Returns
The table below presents the monthly returns of LCTRX, 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 | 0.81% | 0.60% | 0.51% | 0.51% | 2.36% | ||||||||
| 2023 | 1.39% | 0.14% | 0.38% | 1.17% | 0.53% | 0.62% | 0.93% | 0.78% | 0.75% | 0.20% | 0.84% | 1.38% | 9.47% |
| 2022 | -1.76% | -0.03% | 0.25% | 1.13% | -1.21% | -0.60% | 1.96% | 0.56% | -0.84% | 1.13% | 1.12% | 0.74% | 2.41% |
| 2021 | -0.82% | -0.09% | -0.75% | -0.85% | 0.47% | 3.50% | -1.10% | 0.62% | -0.32% | 1.92% | -1.13% | 0.62% | 1.99% |
| 2020 | 0.21% | -3.60% | -11.13% | 9.13% | 1.34% | 0.85% | 1.18% | 2.83% | -0.77% | 2.24% | 6.78% | 3.85% | 12.07% |
| 2019 | 0.10% | 0.07% | 0.42% | -0.06% | 1.87% | 0.57% | -0.09% | 0.09% | -1.41% | -1.14% | 0.31% | 0.46% | 1.15% |
| 2018 | -0.63% | -0.43% | 0.24% | 1.12% | 1.50% | 1.07% | -0.21% | 0.82% | 0.68% | 0.03% | 0.52% | 1.16% | 6.00% |
| 2017 | 0.96% | 1.35% | -0.27% | 0.21% | 0.26% | 0.79% | 0.44% | -0.62% | -0.30% | 0.57% | -0.72% | 1.79% | 4.51% |
| 2016 | -3.53% | -1.75% | 3.22% | 3.11% | 0.49% | 1.12% | 0.79% | 0.74% | 0.74% | -0.67% | -0.09% | 0.32% | 4.38% |
| 2015 | 0.44% | 0.91% | -0.32% | 0.92% | 0.24% | -1.37% | -0.81% | -1.62% | -1.41% | 0.16% | -1.98% | -3.65% | -8.27% |
| 2014 | 0.29% | 2.11% | 0.79% | 1.45% | 0.87% | 0.34% | -0.83% | 0.65% | -0.94% | 0.05% | -0.66% | -1.06% | 3.05% |
| 2013 | 1.73% | 0.09% | 0.79% | 1.60% | 1.12% | -2.33% | 1.61% | -0.19% | 0.84% | 2.06% | 0.28% | 0.35% | 8.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LCTRX is 99, placing it in the top 1% 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.
LCTRX (Leader Capital High Quality Floating Rate Fund Investor Shares)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Leader Capital High Quality Floating Rate Fund Investor Shares granted a 6.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.71 | $0.26 | $0.18 | $0.13 | $0.23 | $0.33 | $0.22 | $0.36 | $0.44 | $0.54 | $0.32 |
Dividend yield | 6.44% | 6.40% | 2.37% | 1.70% | 1.17% | 2.40% | 3.30% | 2.31% | 3.79% | 4.63% | 5.09% | 2.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Leader Capital High Quality Floating Rate Fund Investor Shares. 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 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.23 | |||||||
| 2023 | $0.00 | $0.06 | $0.11 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.71 |
| 2022 | $0.00 | $0.02 | $0.02 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.04 | $0.11 | $0.26 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.03 | $0.04 | $0.03 | $0.06 | $0.18 |
| 2020 | $0.00 | $0.02 | $0.03 | $0.01 | $0.01 | $0.02 | $0.02 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2019 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.04 | $0.03 | $0.03 | $0.23 |
| 2018 | $0.02 | $0.02 | $0.01 | $0.02 | $0.06 | $0.05 | $0.01 | $0.00 | $0.04 | $0.03 | $0.04 | $0.02 | $0.33 |
| 2017 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2016 | $0.05 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.36 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.03 | $0.04 | $0.03 | $0.03 | $0.05 | $0.03 | $0.19 | $0.54 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.32 |
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 Leader Capital High Quality Floating Rate Fund Investor Shares. 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 Capital High Quality Floating Rate Fund Investor Shares was 23.92%, occurring on Mar 18, 2020. Recovery took 56 trading sessions.
The current Leader Capital High Quality Floating Rate Fund Investor Shares drawdown is 0.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.92% | Sep 17, 2019 | 127 | Mar 18, 2020 | 56 | Jun 8, 2020 | 183 |
| -16.53% | Jul 1, 2014 | 408 | Feb 11, 2016 | 599 | Jun 27, 2018 | 1007 |
| -8.87% | May 4, 2011 | 107 | Oct 4, 2011 | 113 | Mar 16, 2012 | 220 |
| -7.45% | Jun 9, 2020 | 24 | Jul 13, 2020 | 73 | Oct 23, 2020 | 97 |
| -3.94% | May 2, 2012 | 23 | Jun 4, 2012 | 44 | Aug 7, 2012 | 67 |
Volatility
Volatility Chart
The current Leader Capital High Quality Floating Rate Fund Investor Shares volatility is 0.45%, 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.