About PBBBX
PIA BBB Bond Fund is a mutual fund specializing in investment-grade corporate bonds, with a primary focus on securities rated within the BBB credit category by leading credit rating agencies. The fund seeks to deliver a total rate of return that closely approximates the Bloomberg Baa Credit Index, utilizing a disciplined, index-like approach to portfolio construction. Its investments span diverse sectors, including industrial, finance, utilities, and foreign sovereign debt, ensuring broad exposure while seeking to mitigate security-specific risks through diversification.
The fund employs a combination of internal analysis and external credit research, aiming to capture yield opportunities within the BBB segment while maintaining volatility lower than that of individual securities. Additional strategies, such as the Managed Account Completion Shs (MACS) approach, enhance alignment with institutional management standards. With a competitive expense ratio and a sizable asset base, the fund plays a distinct role for investors seeking credit exposure just above speculative grade but within the investment-grade universe. Notably, this fund provides access to the unique risk-return profile of BBB-rated bonds, serving as a strategic allocation for those seeking diversified sources of fixed income in the corporate bond market.
Fund Family PIA Mutual Funds
Category Miscellaneous Fixed Income
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PBBBX
Share Class Managed Account Completion Shares
Index Bloomberg Baa U.S. Credit TR
PBBBX had a total return of 1.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.12%.
