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1WS Credit Income Fund
mutual fund
OWSCX
Payout Change
Pending
Price as of:
$19.65
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
OWSCX (Mutual Fund)
1WS Credit Income Fund
Payout Change
Pending
Price as of:
$19.65
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
OWSCX (Mutual Fund)
1WS Credit Income Fund
Payout Change
Pending
Price as of:
$19.65
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
Name
As of 12/12/2024Price
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
Vitals
YTD Return
10.8%
1 yr return
11.7%
3 Yr Avg Return
6.8%
5 Yr Avg Return
7.2%
Net Assets
$346 M
Holdings in Top 10
25.2%
52 WEEK LOW AND HIGH
$19.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 3.73%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/12/2024Price
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
OWSCX - Profile
Distributions
- YTD Total Return 10.8%
- 3 Yr Annualized Total Return 6.8%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.17%
- Dividend Yield 8.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal Name1WS Credit Income Fund
-
Fund Family Name1WS Capital Advisors
-
Inception DateFeb 15, 2019
-
Shares Outstanding5729078
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Sherr
Fund Description
OWSCX - Performance
Return Ranking - Trailing
| Period | OWSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.8% | -11.1% | 18.9% | 4.95% |
| 1 Yr | 11.7% | -9.2% | 20.8% | 5.26% |
| 3 Yr | 6.8%* | -16.9% | 16.8% | 3.65% |
| 5 Yr | 7.2%* | -14.7% | 13.4% | 2.32% |
| 10 Yr | N/A* | -7.0% | 7.1% | N/A |
* Annualized
Return Ranking - Calendar
| Period | OWSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.8% | -12.0% | 8.9% | 11.59% |
| 2022 | -12.5% | -31.8% | 18.4% | 44.85% |
| 2021 | 1.9% | -16.2% | 25.7% | 8.36% |
| 2020 | -1.5% | -31.1% | 18.7% | 73.80% |
| 2019 | N/A | -6.1% | 15.3% | N/A |
Total Return Ranking - Trailing
| Period | OWSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.8% | -11.1% | 18.9% | 4.95% |
| 1 Yr | 11.7% | -9.2% | 20.8% | 5.26% |
| 3 Yr | 6.8%* | -16.9% | 16.8% | 3.65% |
| 5 Yr | 7.2%* | -14.7% | 13.4% | 2.32% |
| 10 Yr | N/A* | -7.0% | 7.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | OWSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.3% | -6.9% | 22.2% | 4.79% |
| 2022 | -2.5% | -31.8% | 21.1% | 13.63% |
| 2021 | 12.0% | -13.5% | 49.9% | 4.10% |
| 2020 | 5.0% | -28.6% | 24.1% | 54.55% |
| 2019 | N/A | -4.8% | 19.1% | N/A |
NAV & Total Return History
OWSCX - Holdings
Concentration Analysis
| OWSCX | Category Low | Category High | OWSCX % Rank | |
|---|---|---|---|---|
| Net Assets | 346 M | 2.63 M | 143 B | 61.31% |
| Number of Holdings | 521 | 4 | 9638 | 47.27% |
| Net Assets in Top 10 | 87.2 M | -204 M | 89.4 B | 67.55% |
| Weighting of Top 10 | 25.23% | 5.8% | 265.8% | 53.14% |
Top 10 Holdings
- United States Treasury Bill 11.48%
- BlackRock Liquidity Funds T-Fund, Class Institutional 4.81%
- Matthew R. Stubbs, LLC 1.45%
- COMM, Series 2021-2400 Mortgage Trust, Class B 1.38%
- Lake Shore MM CLO II, Ltd., Series 2024-2A, Class CRR 1.13%
- NYMT 2024-BPL2 M 1.09%
- Pagaya AI Debt Trust, Series 2023-5, Class D 1.01%
- Atrium Hotel Portfolio Trust, Series 2018-ATRM, Class B 1.01%
- Morgan Stanley Capital I Trust, Series 2021-230P, Class E 0.99%
- Romark CLO II, Ltd., Series 2024-2A, Class BR 0.87%
Asset Allocation
| Weighting | Return Low | Return High | OWSCX % Rank | |
|---|---|---|---|---|
| Bonds | 70.31% | 0.00% | 199.60% | 77.38% |
| Cash | 39.17% | -94.66% | 99.97% | 2.96% |
| Preferred Stocks | 0.17% | 0.00% | 21.58% | 29.17% |
| Convertible Bonds | 0.00% | 0.00% | 33.50% | N/A |
| Stocks | -0.01% | -6.18% | 99.68% | 99.53% |
| Other | -9.65% | -75.22% | 147.15% | 96.88% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | OWSCX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 5.63% | 0.00% | 94.89% | 33.02% |
| Securitized | 0.00% | 0.00% | 99.65% | N/A |
| Corporate | 0.00% | 0.00% | 96.66% | N/A |
| Municipal | 0.00% | 0.00% | 54.26% | N/A |
| Government | 0.00% | 0.00% | 99.43% | N/A |
| Derivative | -32.85% | -75.22% | 147.15% | 99.06% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | OWSCX % Rank | |
|---|---|---|---|---|
| US | 57.45% | 0.00% | 199.60% | 75.82% |
| Non US | 12.86% | 0.00% | 74.14% | 30.11% |
OWSCX - Expenses
Operational Fees
| OWSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 3.73% | 0.03% | 34.13% | 2.95% |
| Management Fee | 2.02% | 0.00% | 2.29% | 98.76% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| OWSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
| OWSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| OWSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 632.00% | 5.97% |
OWSCX - Distributions
Dividend Yield Analysis
| OWSCX | Category Low | Category High | OWSCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.15% | 0.00% | 23.30% | 8.96% |
Dividend Distribution Analysis
| OWSCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| OWSCX | Category Low | Category High | OWSCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.17% | -1.55% | 11.51% | 8.87% |
Capital Gain Distribution Analysis
| OWSCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 25, 2024 | $0.400 | OrdinaryDividend |
| Jun 26, 2024 | $0.400 | OrdinaryDividend |
| Mar 27, 2024 | $0.400 | OrdinaryDividend |
| Dec 27, 2023 | $0.400 | OrdinaryDividend |
| Sep 27, 2023 | $0.300 | OrdinaryDividend |
| Jun 28, 2023 | $0.300 | OrdinaryDividend |
| Mar 29, 2023 | $0.300 | OrdinaryDividend |
| Dec 29, 2022 | $1.150 | OrdinaryDividend |
| Sep 28, 2022 | $0.300 | OrdinaryDividend |
| Jun 29, 2022 | $0.300 | OrdinaryDividend |
| Mar 30, 2022 | $0.300 | OrdinaryDividend |
| Dec 29, 2021 | $1.100 | OrdinaryDividend |
| Sep 24, 2021 | $0.300 | OrdinaryDividend |
| Jun 25, 2021 | $0.300 | OrdinaryDividend |
| Mar 26, 2021 | $0.300 | OrdinaryDividend |
| Dec 29, 2020 | $0.300 | OrdinaryDividend |
| Sep 25, 2020 | $0.300 | OrdinaryDividend |
| Jun 26, 2020 | $0.300 | OrdinaryDividend |
| Mar 27, 2020 | $0.300 | OrdinaryDividend |
OWSCX - Fund Manager Analysis
Managers
David Sherr
Start Date
Tenure
Tenure Rank
Mar 04, 2019
3.24
3.2%
Mr. Sherr founded OWS, which commenced operations in 2008, and is responsible for overseeing all aspects of the firm’s day-to-day activities. Mr. Sherr has over 30 years of experience in the investing and origination businesses, fixed income markets, and managing global trading. Prior to founding OWS, Mr. Sherr was a Managing Director and Global Head of Securitized Products at Lehman Brothers. In that capacity, Mr. Sherr had senior management responsibilities in Fixed Income, Principal Investing and Lending and Investment Banking. Mr. Sherr graduated with a B.S. in Finance from Babson College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.71 | 3.19 |
