Institutional Share Class
| Updated | NAV | Calendar YTD Performance |
| 11/20/2024 | $9.50 | 6.48% |
| 1 Month | 3 Months | 6 Months | 9 Months | Calendar YTD | 1 Year | 3 Year | Since Inception | Inception |
| -0.74% | 1.31% | 4.94% | 5.69% | 5.92% | 10.26% | 12.09% | 29.87% | 10/01/2020 |
| Q3 2024 | 1 Year | 3 Years | Since Inception |
| 3.59% | 10.59% | 4.40% | 6.95% |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.
Record Date: September 26, 2024
Reinvestment Date: September 27, 2024
| Ordinary Income Dividends | 1.6% |
| Capital Gain Distributions (long-term) | - |
| Capital Gain Distributions (short-term) | - |
Record Date: June 26, 2024
Reinvestment Date: June 27, 2024
| Ordinary Income Dividends | 1.48% |
| Capital Gain Distributions (long-term) | - |
| Capital Gain Distributions (short-term) | - |
Record Date: March 27, 2024
Reinvestment Date: March 28, 2024
| Ordinary Income Dividends | 0.93% |
| Capital Gain Distributions (long-term) | - |
| Capital Gain Distributions (short-term) | - |
Record Date: December 27, 2023
Reinvestment Date: December 28, 2023
| Ordinary Income Dividends | 2.03% |
| Capital Gain Distributions (long-term) | - |
| Capital Gain Distributions (short-term) | - |
Record Date: September 27, 2023
Reinvestment Date: September 28, 2023
| Ordinary Income Dividends | 1.63% |
| Capital Gain Distributions (long-term) | - |
| Capital Gain Distributions (short-term) | - |
The Regan Total Return Income Fund is a solution for investors seeking relatively high current income, while minimizing duration and credit risk. By focusing on high quality, senior Non-Agency bonds and actively trading, this strategy seeks to outperform traditional total return strategies with less credit risk and lower duration.
Investment Objective:
Seeks to provide a high level of risk-adjusted current income and capital appreciation
Portfolio may include:
| Distributions: | Quarterly |
| Liquidity: | Daily |
| Distributor: | Quasar Distributors, LLC |
| Custodian: | U.S. Bank National Association |
| Transfer Agent: | U.S. Bancorp Fund Services, LLC |
| Legal Counsel: | Morgan, Lewis & Bockius LLP |
| Management Fee: | 0.89% |
| Gross Expense Ratio: | 1.28% |
| Net Expense Ratio: | 1.31%** |
| Minimum Investment: | $100,000 |
| *Net expense ratio reflects contractual fee waiver through January 31, 2025. **Rebate of the expense waiver in prior periods causes the net expense ratio to be higher than the gross ratio. Proxy Voting N-PX Record |
|
Senior
US RMBS
Seeks High
Current Income
Low
Duration
Limited
Credit Risk
Quarterly
Distributions
Skyler Weinand, CFA
Managing Partner
23 Years Industry Experience
Chris Hall
Senior Portfolio Manager
22 Years Industry Experience