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Segall Bryant & Hamill Plus Bond Fund
mutual fund
WTIBX
Payout Change
Pending
Price as of:
$9.49
-0.02
-0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class
WTIBX (Mutual Fund)
Segall Bryant & Hamill Plus Bond Fund
Payout Change
Pending
Price as of:
$9.49
-0.02
-0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class
WTIBX (Mutual Fund)
Segall Bryant & Hamill Plus Bond Fund
Payout Change
Pending
Price as of:
$9.49
-0.02
-0.21%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.1%
1 yr return
7.0%
3 Yr Avg Return
-1.0%
5 Yr Avg Return
0.9%
Net Assets
$747 M
Holdings in Top 10
23.1%
52 WEEK LOW AND HIGH
$9.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
WTIBX - Profile
Distributions
- YTD Total Return 4.1%
- 3 Yr Annualized Total Return -1.0%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.10%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSegall Bryant & Hamill Plus Bond Fund
-
Fund Family NameSegall Bryant & Hamill Funds
-
Inception DateMay 02, 2018
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTroy Johnson
Fund Description
| ● | The Fund invests 65% or more of its assets in investment-grade debt securities–those rated in the top four rating categories by at least one nationally recognized rating agency, such as Moody’s or Standard & Poor’s (a “Rating Agency”). The dollar-weighted average quality is expected to be “Baa” or better. A “Baa” rating typically is the lowest of the four investment-grade categories. The Fund may invest up to thirty-five percent (35%) of its assets in below investment-grade securities, (also known as “junk” bonds), which are securities rated below investment-grade by a Rating Agency or are unrated and determined to be of comparable quality by the Adviser and may include bonds that are already in default. |
| ● | Under normal circumstances, the Fund will invest at least eighty percent (80%) of the value of its net assets, plus any borrowings for investment purposes, in bonds of varying maturities. Bonds for purposes of this limitation include corporate bonds, convertible bonds, government and agency securities, mortgage-backed securities, asset-backed securities, and zero coupon bonds. |
| ● | The Fund may invest up to twenty percent (20%) in equity securities, generally in preferred stocks, but common stocks are allowed. |
| ● | Although the Fund normally focuses on U.S. dollar-denominated securities, the Fund may invest up to twenty-five percent (25%) in non-U.S. dollar-denominated securities. |
| ● | The portfolio management team implements an investment strategy that is based on the belief that consistently strong risk-adjusted returns are best achieved through an emphasis on securities with higher income streams (typically non-Treasury sectors). The team seeks to deliver alpha, or risk-adjusted excess return, relative to the Fund’s benchmark, primarily through security and sector selection. However, the team opportunistically uses top-down strategies, such as increasing or decreasing exposure to interest rate changes, when market conditions are compelling. |
| ● | Credit analysis is at the core of the investment process, as the team believes valuation anomalies between sectors and securities are most effectively captured through proprietary fundamental research and a long-term investment orientation. The process also leverages the resources of the Adviser’s equity research teams, providing diverse perspectives and added knowledge about the securities the team analyzes. |
| ● | The Fund expects to maintain an effective duration of between 4 and 7 years and an effective maturity of between 7 and 12 years, under normal circumstances. |
| ● | Using a collaborative approach grounded in proprietary research, the team constructs a diversified portfolio by issuer to seek to minimize issuer-specific credit risk. |
| ● | SBH utilizes an “integrated” approach to a company’s environmental, social, and corporate governance (“ESG”) practices within its investment process alongside other non-ESG factors. SBH believes responsible corporate citizenship is additive to the creditworthiness of underlying issuers and contributes to our quality determination and assessment of risks, however consideration of ESG factors would not necessarily result in an issuer being included or excluded from the evaluation process. |
| ● | Securities may be sold when conditions have changed and the security’s prospects are no longer attractive, the security has achieved the team’s valuation target or better relative investment opportunities have been identified. |
WTIBX - Performance
Return Ranking - Trailing
| Period | WTIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.1% | -4.6% | 11.7% | 40.00% |
| 1 Yr | 7.0% | -2.4% | 15.0% | 35.03% |
| 3 Yr | -1.0%* | -10.0% | 28.5% | 16.51% |
| 5 Yr | 0.9%* | -7.2% | 58.8% | 21.22% |
| 10 Yr | N/A* | -2.8% | 74.0% | 35.63% |
* Annualized
Return Ranking - Calendar
| Period | WTIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.5% | -16.2% | 8.1% | 5.61% |
| 2022 | -15.8% | -34.7% | 131.9% | 43.30% |
| 2021 | -3.6% | -11.6% | 4.4% | 56.28% |
| 2020 | 4.3% | -9.9% | 946.1% | 47.87% |
| 2019 | 4.6% | -1.7% | 16.9% | 76.95% |
Total Return Ranking - Trailing
| Period | WTIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.1% | -4.6% | 11.7% | 40.00% |
| 1 Yr | 7.0% | -2.4% | 15.0% | 35.03% |
| 3 Yr | -1.0%* | -10.0% | 28.5% | 16.51% |
| 5 Yr | 0.9%* | -7.2% | 58.8% | 21.22% |
| 10 Yr | N/A* | -2.8% | 74.0% | 33.87% |
* Annualized
Total Return Ranking - Calendar
| Period | WTIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.5% | -11.3% | 11.9% | 10.19% |
| 2022 | -13.1% | -32.2% | 131.9% | 35.74% |
| 2021 | -0.6% | -9.4% | 9.2% | 34.71% |
| 2020 | 8.5% | -1.9% | 1009.0% | 45.80% |
| 2019 | 8.8% | 1.1% | 21668.0% | 50.30% |
NAV & Total Return History
WTIBX - Holdings
Concentration Analysis
| WTIBX | Category Low | Category High | WTIBX % Rank | |
|---|---|---|---|---|
| Net Assets | 747 M | 2.9 M | 314 B | 59.59% |
| Number of Holdings | 153 | 1 | 17880 | 91.48% |
| Net Assets in Top 10 | 175 M | 1.62 M | 35.1 B | 64.28% |
| Weighting of Top 10 | 23.11% | 4.7% | 3984.6% | 48.38% |
Top 10 Holdings
- U.S. Treasury Bonds 3.125%, DUE 11/15/2041 2.93%
- US T-NOTE 3.375%, DUE 05/15/2033 2.83%
- U.S. Treasury Bonds 2.375%, Due 11/15/2049 2.75%
- U.S. Treasury Bonds 2.875%, Due 05/15/2052 2.59%
- U.S. TREASURY BONDS 3.75%, DUE 08/15/2041 2.29%
- U.S. Treasury Notes 0.625%, Due 08/15/2030 2.09%
- U.S. Treasury Notes 2.625%, due 02/15/2029 1.99%
- U.S. Treasury Notes 4.125%, Due 07/31/2028 1.95%
- U.S. Treasury Bonds 2.50%, DUE 02/15/2045 1.88%
- FHLMC Super 30Y Fixed 3.50%, Due 02/01/2052 1.80%
Asset Allocation
| Weighting | Return Low | Return High | WTIBX % Rank | |
|---|---|---|---|---|
| Bonds | 98.70% | 0.00% | 9231.88% | 29.84% |
| Other | 4.00% | -27.25% | 1695.17% | 51.82% |
| Stocks | 0.00% | 0.00% | 99.98% | 98.76% |
| Preferred Stocks | 0.00% | 0.00% | 72.34% | 98.86% |
| Convertible Bonds | 0.00% | 0.00% | 7.93% | 100.00% |
| Cash | 0.00% | -54.51% | 237.69% | 99.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | WTIBX % Rank | |
|---|---|---|---|---|
| Corporate | 49.09% | 0.00% | 100.00% | 12.34% |
| Securitized | 26.50% | 0.00% | 98.40% | 61.72% |
| Government | 14.76% | 0.00% | 86.23% | 75.31% |
| Municipal | 8.34% | 0.00% | 100.00% | 4.92% |
| Derivative | 0.00% | -6.56% | 44.82% | 70.61% |
| Cash & Equivalents | 0.00% | 0.00% | 237.69% | 99.90% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | WTIBX % Rank | |
|---|---|---|---|---|
| US | 98.70% | 0.00% | 9042.62% | 27.41% |
| Non US | 0.00% | 0.00% | 189.26% | 98.86% |
WTIBX - Expenses
Operational Fees
| WTIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.70% | 0.01% | 39.64% | 49.22% |
| Management Fee | 0.35% | 0.00% | 1.76% | 50.16% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.01% | 0.01% | 0.50% | 1.59% |
Sales Fees
| WTIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| WTIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| WTIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 54.00% | 2.00% | 493.39% | 21.48% |
WTIBX - Distributions
Dividend Yield Analysis
| WTIBX | Category Low | Category High | WTIBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.01% | 0.00% | 10.11% | 48.39% |
Dividend Distribution Analysis
| WTIBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| WTIBX | Category Low | Category High | WTIBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.10% | -1.28% | 4.79% | 25.96% |
Capital Gain Distribution Analysis
| WTIBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 19, 2024 | $0.032 | OrdinaryDividend |
| Oct 29, 2024 | $0.029 | OrdinaryDividend |
| Sep 26, 2024 | $0.032 | OrdinaryDividend |
| Aug 28, 2024 | $0.030 | OrdinaryDividend |
| Jul 29, 2024 | $0.031 | OrdinaryDividend |
| Apr 26, 2024 | $0.031 | OrdinaryDividend |
| Mar 26, 2024 | $0.032 | OrdinaryDividend |
| Feb 27, 2024 | $0.029 | OrdinaryDividend |
| Jan 29, 2024 | $0.031 | OrdinaryDividend |
| Dec 26, 2023 | $0.031 | OrdinaryDividend |
| Nov 21, 2023 | $0.030 | OrdinaryDividend |
| Oct 27, 2023 | $0.030 | OrdinaryDividend |
| Sep 27, 2023 | $0.029 | OrdinaryDividend |
| Aug 29, 2023 | $0.029 | OrdinaryDividend |
| Jul 27, 2023 | $0.030 | OrdinaryDividend |
| Jun 28, 2023 | $0.029 | OrdinaryDividend |
| May 26, 2023 | $0.029 | OrdinaryDividend |
| Apr 26, 2023 | $0.028 | OrdinaryDividend |
| Mar 29, 2023 | $0.028 | OrdinaryDividend |
| Feb 24, 2023 | $0.026 | OrdinaryDividend |
| Jan 27, 2023 | $0.027 | OrdinaryDividend |
| Dec 27, 2022 | $0.026 | OrdinaryDividend |
| Nov 22, 2022 | $0.026 | OrdinaryDividend |
| Oct 27, 2022 | $0.027 | OrdinaryDividend |
| Sep 28, 2022 | $0.026 | OrdinaryDividend |
| Aug 29, 2022 | $0.025 | OrdinaryDividend |
| Jul 27, 2022 | $0.025 | OrdinaryDividend |
| Jun 28, 2022 | $0.025 | OrdinaryDividend |
| May 26, 2022 | $0.025 | OrdinaryDividend |
| Apr 27, 2022 | $0.023 | OrdinaryDividend |
| Mar 29, 2022 | $0.023 | OrdinaryDividend |
| Feb 24, 2022 | $0.022 | OrdinaryDividend |
| Jan 27, 2022 | $0.022 | OrdinaryDividend |
| Dec 17, 2021 | $0.021 | OrdinaryDividend |
| Dec 17, 2021 | $0.001 | CapitalGainShortTerm |
| Dec 17, 2021 | $0.070 | CapitalGainLongTerm |
| Nov 22, 2021 | $0.021 | OrdinaryDividend |
| Oct 27, 2021 | $0.021 | OrdinaryDividend |
| Sep 28, 2021 | $0.021 | OrdinaryDividend |
| Aug 27, 2021 | $0.021 | OrdinaryDividend |
| Jul 28, 2021 | $0.023 | OrdinaryDividend |
| Jun 28, 2021 | $0.022 | OrdinaryDividend |
| May 26, 2021 | $0.021 | OrdinaryDividend |
| Apr 28, 2021 | $0.022 | OrdinaryDividend |
| Mar 29, 2021 | $0.015 | OrdinaryDividend |
| Feb 24, 2021 | $0.032 | OrdinaryDividend |
| Jan 27, 2021 | $0.023 | OrdinaryDividend |
| Dec 18, 2020 | $0.023 | OrdinaryDividend |
| Dec 18, 2020 | $0.046 | CapitalGainShortTerm |
| Dec 18, 2020 | $0.099 | CapitalGainLongTerm |
| Nov 18, 2020 | $0.022 | OrdinaryDividend |
| Oct 28, 2020 | $0.023 | OrdinaryDividend |
| Sep 23, 2020 | $0.025 | OrdinaryDividend |
| Aug 26, 2020 | $0.026 | OrdinaryDividend |
| Jul 29, 2020 | $0.024 | OrdinaryDividend |
| Jun 24, 2020 | $0.026 | OrdinaryDividend |
| May 27, 2020 | $0.026 | OrdinaryDividend |
| Apr 22, 2020 | $0.026 | OrdinaryDividend |
| Mar 25, 2020 | $0.027 | OrdinaryDividend |
| Feb 26, 2020 | $0.025 | OrdinaryDividend |
| Jan 29, 2020 | $0.026 | OrdinaryDividend |
| Dec 19, 2019 | $0.027 | OrdinaryDividend |
| Dec 19, 2019 | $0.005 | CapitalGainShortTerm |
| Dec 19, 2019 | $0.060 | CapitalGainLongTerm |
| Nov 20, 2019 | $0.027 | OrdinaryDividend |
| Oct 30, 2019 | $0.029 | OrdinaryDividend |
| Sep 25, 2019 | $0.028 | OrdinaryDividend |
| Aug 28, 2019 | $0.029 | OrdinaryDividend |
| Jul 24, 2019 | $0.029 | OrdinaryDividend |
| Jun 26, 2019 | $0.029 | OrdinaryDividend |
| May 29, 2019 | $0.036 | OrdinaryDividend |
| Apr 24, 2019 | $0.037 | OrdinaryDividend |
| Mar 27, 2019 | $0.034 | OrdinaryDividend |
| Feb 20, 2019 | $0.028 | OrdinaryDividend |
| Jan 23, 2019 | $0.028 | OrdinaryDividend |
| Dec 14, 2018 | $0.022 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.027 | OrdinaryDividend |
| Nov 20, 2018 | $0.031 | OrdinaryDividend |
| Oct 24, 2018 | $0.029 | OrdinaryDividend |
| Sep 26, 2018 | $0.028 | OrdinaryDividend |
| Aug 29, 2018 | $0.030 | OrdinaryDividend |
| Jul 25, 2018 | $0.028 | OrdinaryDividend |
| Jun 27, 2018 | $0.029 | OrdinaryDividend |
| May 23, 2018 | $0.029 | OrdinaryDividend |
WTIBX - Fund Manager Analysis
Managers
Troy Johnson
Start Date
Tenure
Tenure Rank
Apr 30, 2014
8.09
8.1%
Troy A. Johnson is the director of Fixed Income research and a principal at Segall Bryant & Hamill, LLC. Mr. Johnson joined the firm in 2018 as part of Segall Bryant & Hamill’s acquisition of Denver Investments. During his tenure with Denver Investments, he served as the director of Fixed Income research, a portfolio manager and credit research analyst on the Fixed Income team. Prior to joining Denver Investments in 2007, Mr. Johnson worked as a portfolio manager and analyst at Quixote Capital Management for six years, specializing in risk arbitrage. He also performed credit analysis of investment-grade and high-yield issues while ultimately serving as the senior fixed income analyst during his eight years at Invesco Funds Group, Inc. Mr. Johnson earned his B.S. from Montana State University and his M.S. from the University of Wisconsin. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Institute and CFA Society Colorado.
Kenneth Harris
Start Date
Tenure
Tenure Rank
May 10, 2016
6.06
6.1%
Kenneth A. Harris is a senior portfolio manager and principal at Segall Bryant & Hamill, LLC. Mr. Harris joined the firm in 2018 as part of Segall Bryant & Hamill’s acquisition of Denver Investments. During his tenure with Denver Investments, he served as the director of Fixed Income and as a portfolio manager on the Fixed Income team. Prior to joining Denver Investments in 2000, Mr. Harris was the treasurer of Blue Cross and Blue Shield of Colorado. Mr. Harris received a BBA from the University of Arizona and an MBA from the University of Colorado at Denver. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Institute and CFA Society Colorado.
Darren Hewitson
Start Date
Tenure
Tenure Rank
Mar 31, 2018
4.17
4.2%
Darren G. Hewitson is also a senior portfolio manager and a principal at Segall Bryant & Hamill, LLC. Mr. Hewitson joined the firm in 2018 as part of Segall Bryant & Hamill’s acquisition of Denver Investments. During his tenure with Denver Investments, he served as a portfolio manager on the fixed income team. Prior to joining Denver Investments in 2008, Mr. Hewitson worked as an accountant at 180 Connect and Munro & Noble Solicitors and Estate Agents. Mr. Hewitson earned a BAcc degree from the University of Glasgow, Scotland. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Institute and CFA Society Colorado.
Gregory Shea
Start Date
Tenure
Tenure Rank
Mar 31, 2018
4.17
4.2%
Gregory M. Shea is also a portfolio manager and principal at Segall Bryant & Hamill, LLC. Mr. Shea joined the firm in 2018 as part of Segall Bryant & Hamill’s acquisition of Denver Investments. During his tenure with Denver Investments, he served as a portfolio manager and credit research analyst on the fixed income team. Prior to joining Denver Investments in 2008, Mr. Shea worked as a high-yield credit analyst at Lehman Brothers Asset Management for four years. He also worked as an investment banking analyst at Banc of America Securities LLC for one year and held a bank credit analyst position at Bank of America for two years. Mr. Shea earned his B.S. and MSBA from Washington University. He has earned the Chartered Financial Analyst (CFA) designation and is a member of CFA Institute and CFA Society Colorado.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.77 | 1.16 |
