Regan Total Return Income Investor (RCTRX)
| Fund Assets | 2.25B |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000 |
| Turnover | 28.36% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 5.54% |
| Dividend Growth | -1.86% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.67 |
| YTD Return | 0.78% |
| 1-Year Return | 7.80% |
| 5-Year Return | n/a |
| 52-Week Low | 9.01 |
| 52-Week High | 9.68 |
| Beta (5Y) | n/a |
| Holdings | 1947 |
| Inception Date | Oct 1, 2020 |
About RCTRX
Regan Total Return Income Fund – Investor 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 primarily targets U.S. residential mortgage‑backed securities, emphasizing senior, high‑quality non‑agency RMBS, complemented by agency RMBS and other fixed‑income instruments to manage credit risk and duration. Classified in the nontraditional bond category, the fund operates with a low effective duration profile and pays quarterly distributions, positioning it as a diversifying income sleeve within fixed‑income allocations. Portfolio construction reflects a preference for short‑maturity government and mortgage exposures, with recent holdings including U.S. Treasury bills and notes alongside cash equivalents, supporting liquidity and interest‑rate risk control. The Investor Class features a minimum investment typical for retail access and an all‑in expense ratio aligned with actively managed structured‑credit strategies. The fund’s approach seeks to balance income generation and downside risk through security selection in mortgage credit and active trading to navigate housing‑cycle and rate regimes.
Performance
RCTRX had a total return of 7.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.93%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RCIRX | Institutional Class | 0.99% |
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 |
|---|---|---|
| Jan 30, 2026 | $0.02544 | Jan 30, 2026 |
| Dec 19, 2025 | $0.23839 | Dec 19, 2025 |
| Sep 29, 2025 | $0.09211 | Sep 29, 2025 |
| Jun 27, 2025 | $0.09344 | Jun 27, 2025 |
| Mar 28, 2025 | $0.08698 | Mar 28, 2025 |
| Dec 20, 2024 | $0.17928 | Dec 20, 2024 |