About LCCIX
Leader Short Term High Yield Bond Fund Institutional Class is a mutual fund designed to provide investors with exposure to a diversified portfolio of short-duration fixed income securities, including high yield bonds, corporate bonds, convertibles, and securitized products like collateralized loan obligations. It emphasizes low duration, typically under three years, to limit interest rate sensitivity while seeking income from lower-rated and non-rated debt across multiple sectors such as energy, real estate, airlines, and gaming. The fund employs an opportunistic approach, with managers identifying strategic entry points in various asset classes, including investment-grade, money market instruments, and variable rate securities, alongside a cash allocation for liquidity. Key portfolio traits include a focus on credit qualities ranging from BBB to B and non-rated, with significant holdings in CLOs and corporate issuers. Distribution frequency is monthly, catering to income-oriented investors in the high yield bond category. Managed by Leader Capital, this institutional share class targets qualified investors seeking higher income potential from short-term high yield strategies within the fixed income market.
Fund Family LEADER
Category High Yield Bond
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol LCCIX
Share Class Institutional Class
Index ICE BofA 1-3 Year Gov/Corporate TR
LCCIX had a total return of 6.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.07%.
