About TCBIX
The Covered Bridge Fund Class I is an options-based mutual fund focused on generating current income and realized gains, with capital appreciation as a secondary goal. The fund employs a distinctive strategy by investing primarily in large capitalization, dividend-paying equities considered to be of high quality. To enhance income, it writes covered call options on approximately half of each equity position, creating an additional yield stream while potentially reducing overall portfolio volatility. On rare occasions, the fund may also purchase index put options to provide a layer of downside protection during periods of extreme market stress. The Covered Bridge Fund Class I is categorized within the large value investment style, and it emphasizes risk mitigation and consistent income distribution, making it notable for investors seeking alternatives to traditional fixed income products in a low interest rate environment. Since its inception in 2013, the fund has targeted consistent annual payouts and distributes gains quarterly, which differentiates it in the alternative income space. Its portfolio features significant diversification across sectors such as technology, healthcare, consumer cyclical, and communication services, reflecting its broad approach to large-cap value investing.
Fund Family Covered Bridge
Category Derivative Income
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TCBIX
Share Class Class I Shares
Index S&P 500 TR
TCBIX had a total return of 13.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.77%.
