PPM Core Plus Fixed Income Fund (PKPIX)
The fund seeks to achieve its objective by investing under normal circumstances at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in a diversified portfolio of debt securities of U.S. and foreign issuers such as government, corporate, mortgage-backed securities and other asset-backed securities and cash equivalents. Its average portfolio duration will normally vary within two years (plus or minus) of the duration of the Bloomberg Barclays US Aggregate Bond Index.
Fund Info
US69355A1034
69355A103
Jul 16, 2018
$1,000,000
Expense Ratio
PKPIX has a high expense ratio of 1.03%, 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 PPM Core Plus 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
PPM Core Plus Fixed Income Fund had a return of 0.00% year-to-date (YTD) and 4.53% in the last 12 months.
PKPIX
0.00%
0.00%
-1.44%
4.53%
-0.88%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PKPIX, 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 | -0.10% | -1.26% | 1.06% | -2.39% | 1.82% | 0.96% | 2.25% | 1.51% | 1.49% | -2.42% | -0.17% | 0.00% | 2.64% |
| 2023 | 3.69% | -2.66% | 2.29% | 0.76% | -1.16% | -0.03% | 0.10% | -0.59% | -2.59% | -1.69% | 5.05% | 4.02% | 7.04% |
| 2022 | -2.45% | -1.43% | -2.65% | -4.19% | 0.56% | -2.52% | 3.05% | -2.73% | -4.61% | -0.92% | 3.89% | -0.63% | -14.01% |
| 2021 | -0.54% | -1.30% | -1.13% | 0.97% | 0.39% | 0.78% | 1.13% | -0.10% | -0.83% | -0.19% | -0.09% | -1.43% | -2.37% |
| 2020 | 1.88% | 1.17% | -2.77% | 3.33% | 1.37% | 1.08% | 2.06% | -0.57% | -0.15% | -0.24% | 1.96% | -2.92% | 6.16% |
| 2019 | 1.97% | 0.18% | 1.98% | 0.16% | 1.35% | 1.72% | 0.35% | 2.35% | -0.43% | 0.33% | -0.05% | -1.36% | 8.80% |
| 2018 | -0.17% | 0.48% | -0.43% | -1.03% | -0.02% | 1.26% | 0.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PKPIX is 32, 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 PPM Core Plus Fixed Income Fund (PKPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PPM Core Plus Fixed Income Fund provided a 3.50% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.34 | $0.34 | $0.25 | $0.25 | $0.30 | $0.31 | $0.16 |
Dividend yield | 3.50% | 3.86% | 3.81% | 2.96% | 2.42% | 2.77% | 2.98% | 1.59% |
Monthly Dividends
The table displays the monthly dividend distributions for PPM Core Plus 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 | |||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.01 | $0.00 | $0.34 |
| 2023 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.30 |
| 2019 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.31 |
| 2018 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.16 |
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 PPM Core Plus 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 PPM Core Plus Fixed Income Fund was 22.37%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current PPM Core Plus Fixed Income Fund drawdown is 10.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.37% | Dec 30, 2020 | 458 | Oct 24, 2022 | — | — | — |
| -10.08% | Mar 9, 2020 | 9 | Mar 19, 2020 | 47 | May 27, 2020 | 56 |
| -1.97% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
| -1.96% | Sep 4, 2018 | 56 | Nov 20, 2018 | 28 | Jan 3, 2019 | 84 |
| -1.89% | Oct 7, 2019 | 59 | Dec 30, 2019 | 22 | Jan 31, 2020 | 81 |
Volatility
Volatility Chart
The current PPM Core Plus Fixed Income Fund volatility is 0.35%, 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.