- What does RCTIX invest in?
- The fund seeks to achieve its objective by investing, under normal conditions, at least 80% of its assets (net assets plus borrowings for investment purposes) in bonds. The Adviser defines bonds to include mortgage-backed securities, debt securities, exchange-traded funds investing principally in bonds, and other fixed income instruments issued by governmental or private-sector entities.
- What is the expense ratio of RCTIX?
- River Canyon Total Return Bond Instl (RCTIX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.
- What is RCTIX's dividend yield?
- RCTIX's trailing-twelve-month yield is 7.32%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of RCTIX?
- Effective duration measures RCTIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RCTIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of RCTIX?
- RCTIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of RCTIX?
- Yield to maturity (YTM) is the total return you'd earn from RCTIX if every bond in the portfolio is held to maturity at the current price. RCTIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
