Forward Credit Analysis Long/Short Fund Institutional Class (FLSIX)

7.41
Net Asset Value
0.00%
1 Day
+5.71%
Year-to-Date
Overall Morningstar Rating
Nontraditional bond
Style or Category
No Load
Sales Expenses
1.50%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return (capital appreciation and income). The fund invests primarily in a portfolio of municipal bonds, corporate bonds, notes and other debentures, U.S. Treasury and Agency securities, sovereign debt, emerging markets debt, variable rate demand notes including tender option bonds, floating rate or zero coupon securities and nonconvertible preferred securities that are actively traded in the public markets. It may invest in derivatives to seek to achieve investment returns consistent with the fund's investment objective and for hedging purposes. The fund is non-diversified.

Performance

1 month-0.01% 3 years+2.50%
3 months+0.94% 5 years+3.62%
1 year+6.29% Since inception+5.95%
Data through --

Peer Comparisonvs. Nontraditional bond

 FLSIXCategory
Performance 5-yr return+3.62%+4.28%
Expense ratio1.50%1.37%
Risk 5 year sharpe ratio0.441.22
Net assets$100.5M$1.7B
Average market cap----
Average P/E----
Portfolio turnover125%125%

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Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureJoseph Deane / 0 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

Fixed income81.17%
Cash18.94%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- New York N Y City Indl Dev Agy Rev Bd 8%8.93%
-- New York N Y City Indl Dev Agy Rev 7.75%7.40%
-- South Carolina St Pub Svcs Aut Rev 5.5%6.06%
-- Tobacco Settlement Auth 6.5%5.89%
-- Tobacco Settlement Fing Corp L Ref 5.5%5.89%
-- California Cnty Calif Tob Secu Asset Bac5.71%
-- California St Go Bds 6.2%5.25%
-- California St Pub Wks Brd Leas Le 5.786%4.35%
-- Stockton Calif Pub Fing Auth 6.25%4.28%
-- Texas Mun Gas Acquisition & Su Sr 6.25%4.17%

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