About CRANX
The CCM Community Impact Bond Fund Institutional Shares is an investment-grade mutual fund focused on U.S. fixed-income securities with a distinct emphasis on generating positive social and environmental outcomes. This fund’s primary function is to provide a high level of current income consistent with capital preservation, while directing capital toward projects and communities that align with specific impact criteria. Investments are concentrated in bonds issued or guaranteed by the U.S. government, its agencies, and other entities, with a significant allocation to securities backed by single-family and multi-family loans, as well as economic development initiatives.
The fund typically falls within the intermediate core bond category, investing mainly in investment-grade debt and maintaining an intermediate duration. It distinguishes itself by intentionally selecting securities that support affordable housing, economic development, and other community-impact priorities, making it particularly relevant for institutional investors who seek both financial returns and measurable social benefits. With over 2,300 holdings, it offers broad diversification, low expense ratios relative to peers, and a robust framework for impact measurement and customizable reporting for shareholders. Its presence highlights the growing role of sustainable and impact-driven fixed-income products in modern portfolios.
Fund Family Community Capital Management
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol CRANX
Share Class Institutional Shares
Index Bloomberg Intermediate U.S. Aggregate TR
CRANX had a total return of 3.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.40%.
