RS Low Duration Bond Fund Class A (RLDAX)

10.02
Net Asset Value
-0.10%
1 Day
-1.09%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
2.25
Sales Expenses
0.84%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income consistent with preservation of capital. The fund invests primarily in investment-grade securities, including corporate bonds, mortgage-backed and asset-backed securities, and obligations of the U.S. government and its agencies. It tends to have an average duration within a range of one to three years and an average maturity between one and three years. The fund normally invests at least 80% of its net assets in debt securities. It may also invest up to 20% of the value of its net assets in foreign securities denominated in foreign currencies.

Performance

1 month-0.34% 3 years+1.22%
3 months-0.28% 5 years+1.80%
1 year+0.58% Since inception+2.84%
Data through --

Peer Comparisonvs. Short-term bond

 RLDAXCategory
Performance 5-yr return+1.80%+2.49%
Expense ratio0.84%0.86%
Risk 5 year sharpe ratio1.651.45
Net assets$1.0B$2.2B
Average market cap--$45.4B
Average P/E--17.7
Portfolio turnover74%74%

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Fund Management and Purchase Info

Fund familyRS Funds
Fund manager & tenureRobert Crimmins, Jr. / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income88.49%
Cash11.51%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 17.45%
Financial service 14.32%
Healthcare 13.20%
Industrial materials 10.96%
Business service 10.07%
Top 10 Holdings
Portfolio weighting
-- Us 2yr Note (Cbt) Dec14 Xcbt 201412317.52%
-- US Treasury Note 1%2.65%
-- Amer Express Credit 2012-2 0.68%1.22%
-- Banc Amer Cmbs 2005-5 CMO1.19%
-- Ge Cap Ccmt 2012-6 1.36%1.15%
-- Csfb Coml Mtg Ptc 2006-C3 CMO1.09%
-- Bear Stearns Cmbs 2005-Pwr10 CMO1.09%
-- Sba Tower Tr 2013-1-2 CMO 2.24%1.08%
-- Wachovia Cmbs 2006-C29 CMO 5.308%1.08%
-- JP MORGAN CHASE 2007-CIBC18 5.44%1.07%

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