CrossingBridge Low Duration High Income Institutional Class Shares (CBLDX)
| Fund Assets | 1.72B |
| Expense Ratio | 0.86% |
| Min. Investment | $50,000 |
| Turnover | 111.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.61% |
| Dividend Growth | 3.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 9.58 |
| YTD Return | 1.86% |
| 1-Year Return | 4.45% |
| 5-Year Return | 28.71% |
| 52-Week Low | 9.56 |
| 52-Week High | 9.81 |
| Beta (5Y) | 0.05 |
| Holdings | 200 |
| Inception Date | Jan 31, 2018 |
About CBLDX
CrossingBridge Low Duration High Income Fund Institutional Class Shares is a mutual fund that seeks high current income and capital appreciation while preserving capital. The fund invests at least 80% of its net assets in income-producing fixed income securities, with a strategic focus on high yield debt with expected effective maturities of three years or less and a weighted average investment horizon of 0.75 to 2 years. The portfolio spans multiple fixed income sectors, including corporate bonds, bank loans, asset-backed securities, and commercial mortgage-backed securities, while maintaining a substantial cash position for liquidity management. The fund's investment approach prioritizes principal protection over yield maximization, distinguishing it from traditional high yield investors who pursue longer investment horizons. With monthly distributions and a gross expense ratio of 0.89%, the fund aims to limit both credit risk and interest rate risk through disciplined portfolio management. The fund is managed by portfolio manager T. Kirk Whitney and serves investors seeking regular income streams from fixed income markets without taking on the extended duration risk associated with longer-maturity bonds.
Performance
CBLDX had a total return of 4.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| CBLVX | - Retail Class Shares | 1.11% |
Top 10 Holdings
25.66% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 5.27% |
| First American Government Obligations Fund | FGXXX | 2.86% |
| TERRIER MEDIA BUYER INC - CMG Media Corp | CMGMCO.L 06.18.29 5 | 2.79% |
| Compass Group Diversified Holdings LLC | CODI.5.25 04.15.29 144A | 2.42% |
| HCA Inc | HCA.5.25 06.15.26 | 2.31% |
| GrubHub Holdings Inc | GRUB.13 07.31.30 144A | 2.17% |
| Arch Investment Partners LLC | ARCINV.10 03.27.30 QIB | 2.10% |
| 888 Acquisitions LLC | n/a | 1.93% |
| SS&C Technologies Inc | SSNC.5.5 09.30.27 144A | 1.91% |
| Keurig Dr Pepper Inc | KDPCP | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.04262 | Jun 26, 2026 |
| May 27, 2026 | $0.04319 | May 27, 2026 |
| Apr 28, 2026 | $0.04738 | Apr 28, 2026 |
| Mar 27, 2026 | $0.0406 | Mar 27, 2026 |
| Feb 25, 2026 | $0.075 | Feb 25, 2026 |
| Jan 28, 2026 | $0.03944 | Jan 28, 2026 |