What is UCRD?

UCRD is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds.

PERFORMANCE [as of 03/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UCRD -0.14% 0.86% 1.79% -10.83% -- -- --
UCRD (NAV) -0.05% 0.80% 1.92% -10.60% -- -- --
No Underlying Index -- -- -- -- -- -- --
ICE BofAML US Corporate Index 0.54% 1.28% 2.15% -6.65% 1.58% 1.55% 2.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UCRD Factset Analytics Insight

UCRD actively invests in investment-grade corporate bonds, utilizing proprietary methodologies to pick securities that demonstrate strong ESG characteristics and acceptable credit risk. The fund uses two proprietary methodologies: an ESG methodology, which scores securities on environmental, social, and governance factors, and a proprietary credit rating methodology, which combines the composite ESG score and credit risk assessment to create an internal credit rating. This internal credit rating is then used to select the securities for the portfolio. UCRD may also allocate a small portion of its assets in securities outside its normal segment, like high yield securities, government securities, and USD denominated foreign securities. The fund may also engage in relative value trading.

UCRD Summary Data

10/05/21
0.40%
$105.26M
No Underlying Index
ICE BofAML US Corporate Index
Open-Ended Fund

Peers

ICE BofAML US Corporate Index

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
+$0.00B 90 Days

UCRD Portfolio Data

7.21
--
5.73%
N/A
--

UCRD Index Data

No Underlying Index
Proprietary
Proprietary
ICE BofAML US Corporate Index

UCRD Portfolio Management

0.40%
--
--
--

UCRD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

UCRD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
None

Factset Analytics Block Liquidity

As of 03/21/23

This measurement shows how easy it is to trade a $1 million USD block of UCRD. UCRD is rated a N/A out of 5.

UCRD Tradability

2,679
$56.07K
2
0
0.12%
$0.02
0.20%
6.32% / -0.27%
None
100.00%
25,000
0.00
--
--
0
$20.50
N/A

UCRD Sector/Industry Breakdown

UCRD Segment
Benchmark
43.14% --
5.33% --
5.02% --
4.75% --
4.72% --
4.34% --
4.30% --
3.82% --
3.80% --
3.75% --

UCRD Top 10 Holdings

3.75%
2.13%
1.90%
1.60%
1.54%
1.37%
1.33%
1.20%
1.14%
0.95%
16.91%

UCRD Performance Statistics

0.93
1.11
--
--
--

UCRD Top 5 Countries

UCRD Segment
Benchmark
80.94% --
8.15% --
3.27% --
2.07% --
1.28% --

UCRD Top 5 Currencies

UCRD Segment
Benchmark
80.94% --
8.15% --
3.27% --
2.07% --
1.28% --

UCRD Avg Life Maturity Distribution

2.12%
0.50%
1.74%
16.46%
11.68%
42.09%
6.51%
4.93%
13.99%

UCRD OAS Breakdown

8.71%
65.82%
19.78%
4.14%
1.34%
--
0.22%
--
--
--
--

UCRD Holdings Statistics

10.72 years
7.21
5.73%
7.55
--
--
1.73%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.