About CBRDX
The CrossingBridge Responsible Credit Fund Institutional Shares is an open-end mutual fund specializing in fixed income investments with an emphasis on responsible, or ESG (environmental, social, and governance), credit selection. Its primary objective is to generate high current income and capital appreciation while prioritizing capital preservation within a framework that actively excludes issuers involved in activities on its exclusionary list. The fund targets corporate bonds and related securities of issuers demonstrating positive ESG characteristics, leveraging a proprietary scoring matrix to assess their practices. It follows a bottom-up, research-driven approach, considering both quantitative and qualitative factors, and maintains a typical portfolio duration between 2 and 4 years. As a non-diversified fund, it can hold a more concentrated set of positions than diversified peers, allowing focused convictions in its credits. The fund may invest across the credit spectrum, including high yield ("junk") bonds, and can allocate up to 35% to non-U.S. securities, providing flexibility to capture global opportunities. Monthly income distributions, professional risk management, and a disciplined ESG integration underscore its role for institutions seeking exposure to credit markets with a sustainable and risk-conscious philosophy.
Fund Family CrossingBridge
Category Multisector Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol CBRDX
Share Class - Institutional Class Shares
CBRDX had a total return of 2.31% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.54%.
