Navigator Tactical Fixed Income Fund (NTBIX)
The fund will normally invest at least 80% of its assets, defined as net assets plus the amount of any borrowings for investment purposes, in long and/or short positions in fixed income securities. The adviser defines fixed income securities as including (i) bills, (ii) notes, (iii) structured notes, (iv) bonds, (v) preferred stocks, (vi) any other debt or debt-related securities of any maturities, (vii) fixed income derivatives, and (viii) underlying funds that invest primarily in fixed income securities, or (ix) other evidences of indebtedness.
Fund Info
US66538B5782
66538B578
Mar 26, 2014
$25,000
Expense Ratio
NTBIX has a high expense ratio of 0.95%, indicating above-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 Navigator Tactical Fixed 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
Navigator Tactical Fixed Income Fund (NTBIX) returned -3.24% year-to-date (YTD) and 2.17% over the past 12 months. Over the past 10 years, NTBIX returned 3.12% annually, underperforming the S&P 500 benchmark at 10.43%.
NTBIX
-3.24%
-1.15%
-3.31%
2.17%
1.81%
3.12%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of NTBIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.01% | 0.70% | -0.86% | -4.26% | 0.21% | -3.24% | |||||||
| 2024 | 0.41% | 0.41% | 1.35% | -1.32% | 1.54% | 0.67% | 1.63% | 1.31% | 1.23% | -0.70% | 1.60% | -0.66% | 7.67% |
| 2023 | 3.22% | -1.35% | 1.37% | 1.26% | -0.10% | 1.53% | 1.03% | 0.00% | -1.05% | -0.63% | 2.12% | 2.82% | 10.57% |
| 2022 | -2.01% | -0.59% | -0.25% | -1.78% | -0.20% | -4.23% | 0.42% | -1.78% | 0.23% | -0.43% | 3.01% | -1.30% | -8.71% |
| 2021 | -0.56% | 0.38% | 1.14% | 1.12% | 0.18% | 0.90% | -0.09% | 0.73% | -0.52% | 0.18% | -0.73% | -3.08% | -0.42% |
| 2020 | -0.10% | -0.48% | -3.45% | 4.34% | 2.81% | -0.84% | 1.23% | 1.69% | -1.57% | -0.28% | 4.32% | -3.01% | 4.39% |
| 2019 | 1.72% | 1.00% | 1.16% | 1.28% | -1.65% | 0.78% | -0.20% | 2.86% | -1.92% | 0.59% | 0.68% | 1.32% | 7.79% |
| 2018 | 0.00% | -0.89% | -0.14% | 0.50% | 0.10% | 0.09% | 1.60% | 0.59% | 0.72% | -1.28% | -0.89% | -0.30% | 0.06% |
| 2017 | 0.78% | 1.26% | -0.06% | 0.87% | 0.77% | -0.16% | 1.15% | 0.09% | 0.56% | 0.47% | -0.28% | -1.38% | 4.10% |
| 2016 | 2.48% | 0.74% | 3.75% | 2.43% | 0.49% | 1.04% | 1.67% | 1.35% | 0.68% | -0.58% | 0.39% | -0.47% | 14.82% |
| 2015 | 0.83% | 1.24% | -0.29% | 0.67% | 0.31% | -1.27% | -0.52% | -0.11% | 0.76% | 0.21% | -1.36% | -1.40% | -0.97% |
| 2014 | 0.10% | 0.50% | 0.80% | 0.82% | -1.87% | 1.81% | -2.23% | -0.82% | -0.10% | -1.02% | -2.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NTBIX is 53, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Navigator Tactical Fixed Income Fund (NTBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Navigator Tactical Fixed Income Fund provided a 6.41% dividend yield over the last twelve months, with an annual payout of $0.61 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.61 | $0.62 | $0.54 | $0.22 | $0.21 | $0.14 | $0.24 | $0.29 | $0.52 | $0.38 | $0.24 | $0.21 |
Dividend yield | 6.41% | 6.33% | 5.49% | 2.37% | 2.03% | 1.34% | 2.33% | 2.92% | 5.15% | 3.68% | 2.62% | 2.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Navigator Tactical Fixed 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | |||||||
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 | $0.62 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.54 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.14 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.21 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.07 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.26 | $0.52 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.38 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.04 | $0.00 | $0.10 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.24 |
| 2014 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.03 | $0.21 |
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 Navigator Tactical Fixed 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 Navigator Tactical Fixed Income Fund was 15.25%, occurring on Nov 3, 2022. Recovery took 417 trading sessions.
The current Navigator Tactical Fixed Income Fund drawdown is 4.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.25% | Nov 9, 2021 | 249 | Nov 3, 2022 | 417 | Jul 5, 2024 | 666 |
| -8% | Feb 18, 2020 | 34 | Apr 3, 2020 | 4 | Apr 9, 2020 | 38 |
| -5.39% | Mar 3, 2025 | 30 | Apr 11, 2025 | — | — | — |
| -5.32% | Jul 7, 2014 | 375 | Dec 29, 2015 | 49 | Mar 10, 2016 | 424 |
| -4.33% | Dec 18, 2020 | 4 | Dec 23, 2020 | 174 | Sep 2, 2021 | 178 |
Volatility
Volatility Chart
The current Navigator Tactical Fixed Income Fund volatility is 1.63%, 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.