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
US52169B6083
52169B608
Jul 30, 2010
$2,500
Expense Ratio
LCTRX has a high expense ratio of 2.33%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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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 5.54% year-to-date (YTD) and 6.60% in the last 12 months. Over the past 10 years, Leader Capital High Quality Floating Rate Fund Investor Shares had an annualized return of 3.89%, while the S&P 500 had an annualized return of 11.01%, indicating that Leader Capital High Quality Floating Rate Fund Investor Shares did not perform as well as the benchmark.
LCTRX
5.54%
-0.09%
2.40%
6.60%
6.28%
3.89%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
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% | 0.50% | 0.51% | 0.51% | 0.23% | 0.42% | 0.89% | 0.69% | 0.33% | -0.00% | 5.54% | |
| 2023 | 1.39% | 0.14% | 0.39% | 1.17% | 0.52% | 0.62% | 0.94% | 0.74% | 0.75% | 0.19% | 0.84% | 1.37% | 9.43% |
| 2022 | -1.76% | -0.04% | 0.26% | 1.13% | -1.21% | -0.60% | 1.97% | 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% | -1.12% | 0.62% | 2.00% |
| 2020 | 0.20% | -3.33% | -11.13% | 9.14% | 1.34% | 0.85% | 1.18% | 2.83% | -0.77% | 2.25% | 6.78% | 3.85% | 12.40% |
| 2019 | 0.10% | 0.06% | 0.42% | -0.06% | 1.89% | 0.58% | -0.09% | 0.09% | -1.40% | -1.13% | 0.31% | 0.46% | 1.19% |
| 2018 | -0.64% | -0.43% | 0.24% | 1.12% | 1.50% | 1.07% | -0.21% | 0.82% | 0.68% | 0.03% | 0.52% | 1.16% | 6.01% |
| 2017 | 0.96% | 1.35% | -0.27% | 0.21% | 0.26% | 0.79% | 0.45% | -0.62% | -0.29% | 0.57% | -0.72% | 1.79% | 4.53% |
| 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% | -1.42% | 0.16% | -1.98% | -3.65% | -8.27% |
| 2014 | 0.29% | 2.11% | 0.78% | 1.45% | 0.87% | 0.33% | -0.83% | 0.65% | -0.94% | 0.05% | -0.66% | -2.50% | 1.55% |
| 2013 | 1.73% | 0.09% | 0.80% | 1.60% | 1.11% | -2.93% | 1.62% | -0.19% | 0.61% | 2.50% | 0.53% | 0.05% | 7.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, LCTRX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 5.66% dividend yield over the last twelve months, with an annual payout of $0.63 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.71 | $0.26 | $0.18 | $0.16 | $0.24 | $0.33 | $0.22 | $0.36 | $0.44 | $0.39 | $0.27 |
Dividend yield | 5.66% | 6.37% | 2.37% | 1.70% | 1.44% | 2.44% | 3.31% | 2.32% | 3.79% | 4.63% | 3.62% | 2.48% |
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 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.00 | $0.57 |
| 2023 | $0.00 | $0.06 | $0.11 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $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 | $0.05 | $0.03 | $0.01 | $0.01 | $0.02 | $0.02 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.16 |
| 2019 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.04 | $0.03 | $0.04 | $0.24 |
| 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 | $0.04 | $0.39 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.05 | $0.03 | $0.04 | $0.27 |
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 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 23.70%, 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 |
|---|---|---|---|---|---|---|
| -23.7% | Sep 17, 2019 | 127 | Mar 18, 2020 | 56 | Jun 8, 2020 | 183 |
| -17.74% | Jul 1, 2014 | 408 | Feb 11, 2016 | 684 | Oct 26, 2018 | 1092 |
| -8.87% | May 4, 2011 | 107 | Oct 4, 2011 | 211 | Aug 7, 2012 | 318 |
| -7.44% | Jun 9, 2020 | 24 | Jul 13, 2020 | 73 | Oct 23, 2020 | 97 |
| -4.1% | May 13, 2013 | 30 | Jun 24, 2013 | 82 | Oct 18, 2013 | 112 |
Volatility
Volatility Chart
The current Leader Capital High Quality Floating Rate Fund Investor Shares volatility is 0.20%, 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.