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Trending ETFs

Johnson Institutional Intermediate Bond Fund

mutual fund
JIBEX
Payout Change
Pending
Price as of:
$14.5 +0.01 +0.07%
primary theme
U.S. Intermediate-Term Bond Duration
share class
JIBEX (Mutual Fund)

Johnson Institutional Intermediate Bond Fund

Payout Change
Pending
Price as of:
$14.5 +0.01 +0.07%
primary theme
U.S. Intermediate-Term Bond Duration
share class
JIBEX (Mutual Fund)

Johnson Institutional Intermediate Bond Fund

Payout Change
Pending
Price as of:
$14.5 +0.01 +0.07%
primary theme
U.S. Intermediate-Term Bond Duration
share class

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.50

$247 M

3.81%

$0.55

0.30%

Vitals

YTD Return

0.9%

1 yr return

4.6%

3 Yr Avg Return

-1.3%

5 Yr Avg Return

0.9%

Net Assets

$247 M

Holdings in Top 10

38.1%

52 WEEK LOW AND HIGH

$14.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.34%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.50

$247 M

3.81%

$0.55

0.30%

JIBEX - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Johnson Institutional Intermediate Bond Fund
  • Fund Family Name
    Johnson Funds
  • Inception Date
    Aug 31, 2000
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jason Jackman

Fund Description

The fund’s strategy seeks to provide a diversified portfolio of investment grade bonds with aggregate risk, return, and income characteristics that are similar to those of 3-5-year bonds. Under normal market conditions, the fund invests at least 80% of its net assets, plus any amounts for borrowing, in a broad range of investment grade fixed income securities, including bonds, notes, domestic and foreign corporate and government securities, government agency securities, mortgage-backed securities, collateralized mortgage obligations, asset-backed securities, municipal securities, and short-term obligations. The fund does not limit itself to securities of a particular maturity range but will normally seek to maintain a dollar weighted average duration between 3 to 5 years. Duration is a measure of the expected life of a fixed income security that is used to determine the sensitivity of a security’s price to changes in interest rates. For example, the value of a portfolio of fixed income securities with an average duration of one year would generally be expected to decline by approximately 1% if interest rates rose by 1%.
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JIBEX - Performance

Return Ranking - Trailing

Period JIBEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -3.9% 5.1% 30.85%
1 Yr 4.6% -7.4% 12.5% 28.33%
3 Yr -1.3%* -10.7% 26.7% 6.68%
5 Yr 0.9%* -7.1% 191.4% 22.04%
10 Yr 1.6%* -2.5% 73.7% 33.05%

* Annualized

Return Ranking - Calendar

Period JIBEX Return Category Return Low Category Return High Rank in Category (%)
2023 2.3% -16.2% 8.1% 37.68%
2022 -11.0% -34.7% 131.9% 2.58%
2021 -3.4% -11.6% 4.4% 50.70%
2020 3.9% -10.1% 946.1% 53.18%
2019 4.6% -1.7% 16.9% 74.68%

Total Return Ranking - Trailing

Period JIBEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -3.9% 5.1% 30.85%
1 Yr 4.6% -7.4% 12.5% 28.33%
3 Yr -1.3%* -10.7% 26.7% 6.68%
5 Yr 0.9%* -7.1% 191.4% 22.04%
10 Yr 1.6%* -2.5% 73.7% 33.05%

* Annualized

Total Return Ranking - Calendar

Period JIBEX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -11.3% 11.0% 73.64%
2022 -9.2% -32.2% 131.9% 3.10%
2021 -1.7% -9.4% 9.2% 74.76%
2020 7.2% -1.9% 1009.0% 75.70%
2019 7.5% 1.1% 21668.0% 80.84%

NAV & Total Return History


JIBEX - Holdings

Concentration Analysis

JIBEX Category Low Category High JIBEX % Rank
Net Assets 247 M 2.9 M 314 B 76.38%
Number of Holdings 94 1 17816 95.67%
Net Assets in Top 10 104 M 1.57 M 34.8 B 70.39%
Weighting of Top 10 38.07% 4.4% 132.5% 20.22%

Top 10 Holdings

  1. U.S. TREASURY NOTES 3.50%, DUE 01/31/2030 4.85%
  2. U.S. TREASURY NOTES 1.375%, DUE 11/15/2031 4.79%
  3. U.S. Treasury Notes 2.625%, due 02/15/2029 4.77%
  4. U.S. Treasury Notes 0.875%, Due 11/15/2030 4.72%
  5. UNITED STATES TREAS NTS 1.375%, DUE 10/31/2028 4.70%
  6. U.S. Treasury Notes 2.875%, due 05/15/2032 4.38%
  7. FHLB 4.75% due 12/10/2032 3.34%
  8. U.S. Treasury Notes 3.125%, due 11/15/2028 2.55%
  9. United States Treasury Note/Bond 4.125%, Due 10/31/2027 2.00%
  10. Bank of America Corp. DUE 04/25/2029 1.97%

Asset Allocation

Weighting Return Low Return High JIBEX % Rank
Bonds
96.38% 0.00% 211.59% 45.43%
Other
1.85% -16.94% 53.20% 64.75%
Cash
1.21% -54.51% 87.74% 72.00%
Preferred Stocks
0.56% 0.00% 74.98% 7.85%
Stocks
0.00% 0.00% 99.99% 73.17%
Convertible Bonds
0.00% 0.00% 7.93% 95.23%

Bond Sector Breakdown

Weighting Return Low Return High JIBEX % Rank
Corporate
56.93% 0.00% 100.00% 3.96%
Government
32.21% 0.00% 86.23% 32.05%
Securitized
9.00% 0.00% 98.40% 93.51%
Municipal
1.72% 0.00% 100.00% 16.33%
Cash & Equivalents
0.10% 0.00% 83.04% 83.18%
Derivative
0.00% -9.72% 50.66% 75.03%

Bond Geographic Breakdown

Weighting Return Low Return High JIBEX % Rank
US
96.38% 0.00% 211.59% 41.99%
Non US
0.00% 0.00% 33.48% 75.13%

JIBEX - Expenses

Operational Fees

JIBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.01% 39.10% 92.00%
Management Fee 0.30% 0.00% 1.76% 33.37%
12b-1 Fee 0.00% 0.00% 1.00% 9.70%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

JIBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JIBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JIBEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.34% 2.00% 493.39% 9.74%

JIBEX - Distributions

Dividend Yield Analysis

JIBEX Category Low Category High JIBEX % Rank
Dividend Yield 3.81% 0.00% 10.11% 79.10%

Dividend Distribution Analysis

JIBEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

JIBEX Category Low Category High JIBEX % Rank
Net Income Ratio 1.50% -1.28% 4.79% 64.05%

Capital Gain Distribution Analysis

JIBEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

JIBEX - Fund Manager Analysis

Managers

Jason Jackman


Start Date

Tenure

Tenure Rank

Aug 31, 2000

21.76

21.8%

Jackman has been in fixed income analyst and other roles with Johnson Investment Counsel Inc for the past 11 years. Mr. Jackman is the President and Chief Investment Officer of the Adviser. He has been with the Adviser since 1993. He holds the chartered financial analyst designation.

Michael Leisring


Start Date

Tenure

Tenure Rank

Jul 31, 2003

18.85

18.9%

Mr. Leisring is a CFA charterholder and is the team leader of the Johnson Fixed Income Fund and Municipal Income Fund. Mr. Leisring is the Director of Fixed Income Department and has been member of the Portfolio Management teams for the Johnson Fixed Income, Municipal Income and JIC Institutional Funds since July 2003. He has been with the Adviser since 1999.

Brandon Zureick


Start Date

Tenure

Tenure Rank

Dec 31, 2014

7.42

7.4%

Mr. Zureick joined Johnson Asset Management in 2011 and serves as a Director and Portfolio Manager. Brandon is also a Principal of the firm and serves as a member of the Fixed Income Strategy Team. His primary responsibilities include fixed income portfolio management and macro-economic strategy. Previously, Brandon held the position of Fixed Income Analyst & Trader. Prior to joining the firm, Brandon was a Portfolio Analyst for Robert W. Baird. He received a B.S. in Finance from University of Cincinnati and holds the Chartered Financial Analyst Designation.

David Theobald


Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Mr. Theobald joined Johnson Asset Management in 2013 and serves as a Senior Portfolio Manager. David is also a member of the Fixed Income Strategy Team. His primary responsibilities include fixed income portfolio management, trading and credit analysis, specializing in short duration securities. Previously, David held the position of Fixed Income Analyst. Prior to joining the firm, David held positions with Fort Washington Investment Advisors and Cincinnati Financial Corporation. He received a B.B.A. in Finance from the University of Cincinnati and holds the Chartered Financial Analyst designation.

Ryan Martin


Start Date

Tenure

Tenure Rank

May 01, 2022

0.08

0.1%

Mr. Martin is a CFA charter holder and has been a team member for the Funds since 2022. He is currently a Portfolio Manager for the Adviser, and has been with the Adviser since 2015.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.78 1.16