Navigator Ultra Short Term Bond Fund (NUSIX)
The fund invests at least 80% of its assets, defined as net assets plus the amount of any borrowings for investment purposes, in fixed income securities. It may invest in debt securities of any maturity or credit quality, including those rated below investment grade. The fund will not invest more than 15% of its assets in high yield securities. The advisor expects that the investment portfolio for the fund will have an average duration of one year or less.
Fund Info
| ISIN | US66538J5222 |
|---|---|
| CUSIP | 66538J522 |
| Issuer | Navigator Funds |
| Inception Date | Mar 21, 2019 |
| Category | Ultrashort Bond |
| Min. Investment | $25,000 |
| Asset Class | Bond |
Expense Ratio
NUSIX has a high expense ratio of 0.71%, 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 Navigator Ultra Short Term 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
Navigator Ultra Short Term Bond Fund had a return of 2.05% year-to-date (YTD) and 5.99% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.05% | 8.76% |
| 1 month | 0.50% | -0.32% |
| 6 months | 2.95% | 18.48% |
| 1 year | 5.99% | 25.36% |
| 5 years (annualized) | 2.45% | 12.60% |
| 10 years (annualized) | N/A | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.60% | 0.40% | 0.45% | 0.40% | ||||||||
| 2023 | 0.40% | 0.60% | 0.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of NUSIX is 100, placing it in the top 0% 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.
NUSIX (Navigator Ultra Short Term Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Navigator Ultra Short Term Bond Fund (NUSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Navigator Ultra Short Term Bond Fund granted a 5.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.49 | $0.17 | $0.07 | $0.11 | $0.20 |
Dividend yield | 5.11% | 4.92% | 1.74% | 0.66% | 1.08% | 1.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Navigator Ultra Short Term 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
| 2019 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 |
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 Navigator Ultra Short Term 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 Navigator Ultra Short Term Bond Fund was 2.69%, occurring on Mar 25, 2020. Recovery took 51 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.69% | Feb 28, 2020 | 19 | Mar 25, 2020 | 51 | Jun 8, 2020 | 70 |
| -0.8% | Mar 14, 2023 | 3 | Mar 16, 2023 | 7 | Mar 27, 2023 | 10 |
| -0.58% | Sep 29, 2021 | 115 | Mar 14, 2022 | 123 | Sep 8, 2022 | 238 |
| -0.12% | Mar 29, 2021 | 2 | Mar 30, 2021 | 1 | Mar 31, 2021 | 3 |
| -0.1% | Sep 13, 2022 | 1 | Sep 13, 2022 | 5 | Sep 20, 2022 | 6 |
Volatility
Volatility Chart
The current Navigator Ultra Short Term Bond Fund 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.