Spectrum Unconstrained Fund (SUNBX)
The fund invests in a diversified portfolio of fixed income ETFs and mutual funds that focus on investment-grade and non-investment grade securities, preferred stocks, and derivatives, without restrictions on issuer type, country, or credit quality. It may also directly invest in these instruments and focus on foreign markets, including emerging markets.
Fund Info
Apr 15, 2021
$1,000
Expense Ratio
SUNBX has a high expense ratio of 2.43%, 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 Spectrum Unconstrained 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
Spectrum Unconstrained Fund had a return of 0.48% year-to-date (YTD) and 3.46% in the last 12 months.
SUNBX
0.48%
0.43%
1.23%
3.46%
N/A
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 SUNBX, 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 | 0.48% | 0.48% | |||||||||||
| 2024 | -0.99% | 0.00% | 0.11% | -0.55% | 0.48% | -0.37% | 1.16% | 1.22% | 1.57% | -1.26% | 0.37% | -0.33% | 1.36% |
| 2023 | 5.26% | -1.91% | 0.00% | -0.38% | -1.15% | 1.45% | -0.66% | 0.06% | -1.49% | -0.70% | 5.62% | 4.65% | 10.84% |
| 2022 | -1.59% | -3.90% | -1.89% | -1.49% | 0.95% | -1.33% | 3.20% | -0.44% | -1.04% | -0.33% | 0.67% | -1.54% | -8.55% |
| 2021 | -0.15% | 1.10% | 1.88% | -0.56% | 1.38% | 1.02% | 0.85% | -0.92% | 1.39% | 6.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SUNBX is 54, 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 Spectrum Unconstrained Fund (SUNBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Spectrum Unconstrained Fund provided a 3.74% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.71 | $0.71 | $0.54 | $0.00 | $1.67 |
Dividend yield | 3.74% | 3.76% | 2.82% | 0.00% | 8.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Spectrum Unconstrained 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 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.27 | $0.00 | $0.16 | $0.71 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.23 | $0.54 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.21 | $0.00 | $0.00 | $0.34 | $0.85 | $0.26 | $1.67 |
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 Spectrum Unconstrained 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 Spectrum Unconstrained Fund was 9.55%, occurring on Jun 28, 2022. Recovery took 370 trading sessions.
The current Spectrum Unconstrained Fund drawdown is 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.55% | Nov 10, 2021 | 158 | Jun 28, 2022 | 370 | Dec 15, 2023 | 528 |
| -2.8% | Dec 28, 2023 | 32 | Feb 13, 2024 | 133 | Aug 23, 2024 | 165 |
| -2.19% | Sep 30, 2024 | 34 | Nov 14, 2024 | — | — | — |
| -1.43% | Jul 8, 2021 | 24 | Aug 10, 2021 | 13 | Aug 27, 2021 | 37 |
| -0.86% | Sep 20, 2021 | 16 | Oct 11, 2021 | 8 | Oct 21, 2021 | 24 |
Volatility
Volatility Chart
The current Spectrum Unconstrained Fund volatility is 1.04%, 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.