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Leader Short-Term Bond Fund Investor Class (LCCMX)

8.90
Net Asset Value
-0.11%
1 Day
-0.34%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
1.57%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to deliver a high level of current income- with a secondary objective of capital appreciation. The manager expects to achieve its objectives by investing in a portfolio of investment grade debt securities and non-investment grade debt securities- both domestic and foreign- including emerging markets. Fixed income securities in which the fund may invest include foreign and domestic bonds- notes- corporate debt- convertible debt securities- U.S. and foreign government securities- domestic municipal securities- asset-backed securities and STRIPS. The fund's effective average duration will normally be three years or less.

Performance

1 month-0.04% 3 years-0.69%
3 months+0.23% 5 years+0.79%
1 year+1.82% Since inception+2.71%
Data through --

Peer Comparisonvs. Short-term bond

 LCCMXCategory
Performance 5-yr return+0.79%+1.17%
Expense ratio1.57%0.76%
Risk 5 year sharpe ratio0.270.70
Net assets$158.8M$2.2B
Average market cap--$25.4B
Average P/E--21.1
Portfolio turnover144%144%

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Fund Management and Purchase Info

Fund familyLEADER
Fund manager & tenureJohn Lekas / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income68.43%
Cash17.66%
Other16.10%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 22.60%
Hardware 14.65%
Energy 12.75%
Consumer service 12.36%
Consumer goods 11.99%
Top 10 Holdings
Portfolio weighting
LFIFX Leader Floating Rate Fund Institutional Shares4.64%
-- 3.27%
-- 3.14%
-- 2.50%
-- 2.27%
-- 1.90%
-- 1.89%
-- 1.88%
-- 1.86%
-- 1.76%