Regan Total Return Income Institutional (RCIRX)
| Fund Assets | 2.34B |
| Expense Ratio | 0.99% |
| Min. Investment | $100,000 |
| Turnover | 28.36% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.30% |
| Dividend Growth | -5.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.51 |
| YTD Return | -0.02% |
| 1-Year Return | 5.23% |
| 5-Year Return | 25.83% |
| 52-Week Low | 9.40 |
| 52-Week High | 9.79 |
| Beta (5Y) | n/a |
| Holdings | 1947 |
| Inception Date | Oct 1, 2020 |
About RCIRX
Regan Total Return Income Fund Institutional Class is an open-end mutual fund focused on generating a high level of risk-adjusted current income with secondary emphasis on capital appreciation. The strategy centers on high-quality, senior U.S. residential mortgage-backed securities, emphasizing non-agency bonds, complemented by agency RMBS and other fixed income such as asset-backed securities and U.S. government obligations. The portfolio targets low duration and limited credit risk while employing active trading to enhance income and total return potential. The fund distributes income quarterly and offers daily liquidity, aligning with investors seeking steady income within a structured credit framework. Key service providers include Quasar Distributors as distributor, U.S. Bank National Association as custodian, and U.S. Bancorp Fund Services as transfer agent. The institutional share class features a management fee and published gross and net expense ratios, supported by a contractual fee waiver through January 31, 2026. Market data providers classify it within nontraditional bond, reflecting its specialized mortgage-backed orientation and flexible fixed income approach.
Performance
RCIRX had a total return of 5.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.36%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RCTRX | Investor Class | 1.24% |
Top 10 Holdings
19.61% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.63% | TII.0.625 01.15.26 | 2.85% |
| Federal Home Loan Mortgage Corp. 4.57% | FHR.5257 FB | 2.62% |
| United States Treasury Notes 3.81% | TF.0 10.31.26 | 2.31% |
| United States Treasury Notes 3.79% | TF.0 10.31.27 | 2.28% |
| United States Treasury Notes 3.76% | TF.0 04.30.27 | 2.28% |
| First American Government Obligations Fund | FGXXX | 1.70% |
| Government National Mortgage Association 4.57% | GNR.2022-161 FQ | 1.63% |
| Federal Home Loan Mortgage Corp. 4.52% | FHR.5245 FE | 1.44% |
| United States Treasury Notes 3.76% | TF.0 07.31.27 | 1.28% |
| United States Treasury Notes 0.38% | TII.0.375 01.15.27 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03515 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03372 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02833 | Jan 30, 2026 |
| Dec 19, 2025 | $0.24509 | Dec 19, 2025 |
| Sep 29, 2025 | $0.09823 | Sep 29, 2025 |
| Jun 27, 2025 | $0.09956 | Jun 27, 2025 |