- What does SJCP invest in?
- SJCP aims to generate income by investing in a broad range of fixed-income securities, primarily focusing on investment-grade US corporate and government bonds of varying maturities. The fund includes MBS, REITs, CLOs, CMOs, municipal securities, and preferred stocks. Portfolio selection combines top-down analysis, which assesses macroeconomic trends such as interest rates and market volatility, with bottom-up security selection based on credit quality and yield potential. The strategy seeks to balance returns with interest rate sensitivity, aiming for optimal performance while preserving capital and minimizing volatility. Although the fund primarily invests in investment-grade securities, it may allocate up to 5% of its assets to higher-risk securities, such as junk bonds and unrated debt. The fund maintains an average portfolio duration of up to ten years.
- What is the expense ratio of SJCP?
- SanJac Alpha Core Plus Bond ETF (SJCP) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.
- What is SJCP's dividend yield?
- SJCP's trailing-twelve-month yield is 3.80%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of SJCP?
- Effective duration measures SJCP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SJCP's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of SJCP?
- SJCP'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 SJCP?
- Yield to maturity (YTM) is the total return you'd earn from SJCP if every bond in the portfolio is held to maturity at the current price. SJCP'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.
