Channel Income Fund (CPSIX)
| Fund Assets | 9.32M |
| Expense Ratio | 1.40% |
| Min. Investment | $2,500 |
| Turnover | 5,167.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 6.04% |
| Dividend Growth | 3.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.67 |
| YTD Return | -1.08% |
| 1-Year Return | 3.95% |
| 5-Year Return | n/a |
| 52-Week Low | 9.66 |
| 52-Week High | 10.06 |
| Beta (5Y) | 0.17 |
| Holdings | 34 |
| Inception Date | Oct 4, 2005 |
About CPSIX
Channel Income Fund is a mutual fund focused on providing investors with steady income primarily through investments in short-term, investment-grade fixed income securities. Its portfolio largely consists of U.S. dollar-denominated bonds including U.S. Treasury notes, corporate debt, asset-backed securities, and money market instruments. Under typical conditions, at least 80% of its net assets are allocated to fixed income assets, either through direct holdings or indirectly via other funds that specialize in similar instruments. The fund emphasizes high credit quality and maintains a short duration strategy, aiming to reduce interest rate risk relative to longer-term bond funds. Top portfolio holdings often include U.S. government securities, major corporations, and financial institutions, with a strong focus on capital preservation and liquidity. Channel Income Fund serves investors seeking consistent income with moderate risk while offering diversification away from equities and long-duration bonds. Its structure makes it particularly appealing for those looking for stable yield and lower sensitivity to interest rate fluctuations in the broader fixed income market.
Performance
CPSIX had a total return of 3.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.02%.
Top 10 Holdings
48.82% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T.4 11.15.35 | 7.41% |
| Genworth Financial Inc. 6.11592% | GNW.V0 11.15.36 | 7.23% |
| Jetblue Airways Corp 2020-1B Pass Through Trust 7.75% | JBLU.7.75 11.15.28 1B | 5.59% |
| Fidelity Government Portfolio | FIGXX | 5.12% |
| American Airlines 2016-2AA Pass Through Trust 3.65% | AAL.3.65 06.15.28 A | 4.61% |
| American Electric Power Co, Inc. 7.05% | AEP.V7.05 12.15.54 * | 4.26% |
| Phillips 66 Co. 5.875% | PSX.V5.875 03.15.56 A | 4.05% |
| Occidental Petroleum Corp. 6.625% | OXY.6.625 09.01.30 | 3.75% |
| Energy Transfer LP 6.5% | ET.V6.5 PERP H | 3.51% |
| Discovery Communications, LLC 3.95% | WBD.3.95 03.20.28 | 3.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0295 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0361 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0386 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0538 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0417 | Nov 28, 2025 |
| Oct 31, 2025 | $0.1105 | Oct 31, 2025 |