CrossingBridge Nordic High Inc Bd Instl (NRDCX)
| Fund Assets | 53.18M |
| Expense Ratio | 0.95% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.49% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 28, 2025 |
| Previous Close | 10.14 |
| YTD Return | 3.22% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.97 |
| 52-Week High | 10.17 |
| Beta (5Y) | n/a |
| Holdings | 72 |
| Inception Date | n/a |
About NRDCX
CrossingBridge Ultra-Short Duration is an open-end mutual fund designed to provide a higher yield than traditional cash instruments while maintaining low interest rate sensitivity. The fund primarily invests in fixed income and fixed income-like securities, seeking to preserve capital by minimizing both credit and interest rate risk through a bottom-up investment approach. It maintains an ultra-short duration portfolio, generally targeting a duration of one year or less, making it suitable for investors needing liquidity and stability beyond that provided by money market funds. The fund has the flexibility to invest in securities of varying credit qualities, market capitalizations, and maturities, with a focus on instruments denominated in U.S. dollars and issued by entities in developed markets. Managed by experienced professionals, the fund plays a role in the market by offering a conservative option for short-term allocations, particularly during periods of low interest rates where traditional cash options may offer minimal returns. Distribution occurs monthly, and the fund benchmarks itself against the ICE BofA 0-1 Year U.S. Corporate Index.
Top 10 Holdings
32.33% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 5.81% |
| First American Government Obligations Fund | FGXXX | 5.81% |
| Force Bidco A/S | FORCEB.F 07.05.26 | 2.90% |
| CCIT Holdings A/S | n/a | 2.85% |
| Grieg Seafood ASA | GSFNO.F 06.25.25 | 2.82% |
| Eidsiva Energi AS | EIDSIV.2.347 04.20.26 | 2.64% |
| NORWEGIAN T-BILL - Norway Treasury Bill | NGTB.0 06.18.25 67 | 2.52% |
| Avinor AS | AVINOR.F 04.29.26 | 2.39% |
| Geveko AB | GEVEKO.F 12.26.28 | 2.31% |
| SKILL BIDCO APS - SGL Group ApS | SKIBID.F 03.02.28 | 2.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 28, 2025 | $0.05323 | May 28, 2025 |
| Apr 28, 2025 | $0.05435 | Apr 28, 2025 |
| Mar 27, 2025 | $0.03809 | Mar 27, 2025 |
| Feb 26, 2025 | $0.03527 | Feb 26, 2025 |
| Jan 29, 2025 | $0.03983 | Jan 29, 2025 |
| Dec 26, 2024 | $0.07024 | Dec 26, 2024 |