Redwood Managed Volatility Fund Class I

Frequently Asked Questions About RWDIX

What does RWDIX invest in?

This fund employs a dynamic, trend-following approach to pinpoint key inflection points within the high yield bond and bank loan markets. Its management team utilizes a rigorous, data-driven methodology to allocate capital: favoring a diversified portfolio of high-yield bonds, bank loans, and comparable fixed income securities during upward market trends, and shifting into short-term fixed income assets when these markets are experiencing downward momentum.

What is the expense ratio of RWDIX?

Redwood Managed Volatility Fund Class I (RWDIX) charges an expense ratio of 2.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is RWDIX's dividend yield?

RWDIX's trailing-twelve-month yield is 5.00%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RWDIX?

Effective duration measures RWDIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RWDIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RWDIX?

RWDIX'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 RWDIX?

Yield to maturity (YTM) is the total return you'd earn from RWDIX if every bond in the portfolio is held to maturity at the current price. RWDIX'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.