Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
5.0%
1 yr return
5.8%
3 Yr Avg Return
2.5%
5 Yr Avg Return
2.0%
Net Assets
$16.2 M
Holdings in Top 10
23.2%
Expense Ratio 1.23%
Front Load N/A
Deferred Load N/A
Turnover 46.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$1,000
Fund Type
Open End Mutual Fund
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
● | The Fund invests 80% or more of its assets in investment-grade debt securities–those rated in the top four rating categories by at least one nationally recognized rating agency, such as Moody’s or Standard & Poor’s (a “Rating Agency”). The dollar-weighted average quality is expected to be “Baa” or better. A “Baa” rating typically is the lowest of the four investment-grade categories. |
● | The Fund may invest up to twenty percent (20%) of its assets in high yield securities. The Fund considers “high yield” securities to include securities rated, at the time of purchase, below investment grade by at least one Rating Agency or are unrated and determined to be of comparable quality by the Adviser and may include securities that are already in default. |
● | The Fund expects to maintain an effective duration of between 0 and 2 years and an effective maturity of between 0 and 3 years, under normal circumstances. |
● | Under normal circumstances, the Fund will invest at least eighty percent (80%) of the value of its net assets, plus any borrowings for investment purposes, in investment-grade securities with average maturities of five years or less and the dollar weighted average maturity will be three years or less. Investment-grade securities for purposes of this limitation include corporate bonds, government and agency securities, mortgage-backed securities, mortgage pass-through securities, asset-backed securities, taxable municipal bonds, bonds issued in the U.S. by foreign entities, and zero coupon bonds. |
● | Although the Fund normally focuses on U.S. dollar-denominated securities, the Fund may invest up to ten percent (10%) in non-U.S. dollar-denominated securities. |
● | The portfolio management team implements an investment strategy that is based on bottom up research and security selection. The team opportunistically seeks inefficiencies within the bond market created by the size of the market, behaviors of large investors and the nature of over-the-counter trading. The team also opportunistically focuses on discrepancies in credit ratings provided by different credit rating agencies to provide income. |
● | The team uses a multiple step screening process and internally built modeling to identify suitable investments, taking into account financial and credit strength, operating cash flow, free cash flow stability, interest coverage and leverage ratios. The team typically focuses on publicly available data and company data rather than third-party research. The team also meets with company management teams in a variety of venues, including direct phone contact, conferences, one-on-one meetings at conferences, visits to our offices, company-site analyst days and quarterly earnings calls, to better understand potential investments. |
● | SBH utilizes an “integrated” approach to a company’s environmental, social, and corporate governance (“ESG”) practices within its investment process alongside other non-ESG factors. SBH believes responsible corporate citizenship is additive to the creditworthiness of underlying issuers and contributes to our quality determination and assessment of risks, however consideration of ESG factors would not necessarily result in an issuer being included or excluded from the evaluation process. |
● | Using a collaborative approach grounded in proprietary research, the team constructs a diversified portfolio by issuer to seek to minimize issuer-specific credit risk. Potential transactions are analyzed to evaluate impact on the entire portfolio. |
● | Securities may be sold when conditions have changed, and the security’s prospects are no longer attractive, the security has achieved the team’s valuation target or better relative investment opportunities have been identified. |
Period | SBHPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | 0.8% | 18.7% | 36.08% |
1 Yr | 5.8% | 2.3% | 21.8% | 66.03% |
3 Yr | 2.5%* | -5.0% | 6.0% | 13.06% |
5 Yr | 2.0%* | -3.8% | 5.7% | 39.30% |
10 Yr | N/A* | -18.8% | 170.4% | N/A |
* Annualized
Period | SBHPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.6% | -1.6% | 7.6% | 28.85% |
2022 | -2.9% | -17.7% | -2.6% | 0.78% |
2021 | -1.0% | -4.0% | 4.4% | 14.69% |
2020 | 0.4% | -7.1% | 7.6% | 87.65% |
2019 | 0.9% | -2.3% | 9.3% | 95.74% |
Period | SBHPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | 0.8% | 18.7% | 36.08% |
1 Yr | 5.8% | 2.3% | 21.8% | 66.03% |
3 Yr | 2.5%* | -5.0% | 6.0% | 13.06% |
5 Yr | 2.0%* | -3.8% | 5.7% | 39.30% |
10 Yr | N/A* | -18.8% | 170.4% | N/A |
* Annualized
Period | SBHPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | 1.8% | 15.2% | 67.31% |
2022 | -2.1% | -17.3% | -1.3% | 0.98% |
2021 | -0.3% | -2.7% | 7.7% | 58.75% |
2020 | 2.0% | -2.4% | 14.5% | 96.71% |
2019 | 3.6% | 0.6% | 12.6% | 87.66% |
SBHPX | Category Low | Category High | SBHPX % Rank | |
---|---|---|---|---|
Net Assets | 16.2 M | 14.5 K | 57.3 B | 96.55% |
Number of Holdings | 68 | 2 | 8314 | 90.23% |
Net Assets in Top 10 | 3.79 M | 1.05 M | 6.81 B | 98.28% |
Weighting of Top 10 | 23.17% | 2.0% | 108.1% | 54.60% |
Weighting | Return Low | Return High | SBHPX % Rank | |
---|---|---|---|---|
Bonds | 89.06% | 0.00% | 131.65% | 42.53% |
Other | 11.48% | -0.97% | 71.57% | 43.87% |
Stocks | 0.00% | 0.00% | 99.96% | 51.34% |
Preferred Stocks | 0.00% | 0.00% | 24.12% | 47.89% |
Convertible Bonds | 0.00% | 0.00% | 27.71% | 95.01% |
Cash | 0.00% | -20.59% | 68.64% | 98.28% |
Weighting | Return Low | Return High | SBHPX % Rank | |
---|---|---|---|---|
Corporate | 77.67% | 0.00% | 99.82% | 7.10% |
Government | 9.65% | 0.00% | 73.63% | 69.87% |
Securitized | 5.17% | 0.00% | 97.27% | 88.48% |
Municipal | 5.01% | 0.00% | 14.41% | 2.30% |
Derivative | 0.00% | -0.72% | 25.70% | 54.60% |
Cash & Equivalents | 0.00% | 0.00% | 68.64% | 87.93% |
Weighting | Return Low | Return High | SBHPX % Rank | |
---|---|---|---|---|
US | 89.06% | 0.00% | 126.86% | 36.78% |
Non US | 0.00% | 0.00% | 87.70% | 46.93% |
SBHPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.23% | 0.01% | 3.29% | 16.54% |
Management Fee | 0.25% | 0.00% | 1.19% | 27.97% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.01% | 0.01% | 0.41% | 1.42% |
SBHPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
SBHPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
SBHPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.00% | 2.00% | 500.00% | 26.62% |
SBHPX | Category Low | Category High | SBHPX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.47% | 0.00% | 11.11% | 85.82% |
SBHPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
SBHPX | Category Low | Category High | SBHPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.45% | -1.27% | 4.98% | 85.58% |
SBHPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 19, 2024 | $0.038 | OrdinaryDividend |
Oct 29, 2024 | $0.038 | OrdinaryDividend |
Sep 26, 2024 | $0.038 | OrdinaryDividend |
Aug 28, 2024 | $0.038 | OrdinaryDividend |
Jul 29, 2024 | $0.038 | OrdinaryDividend |
Apr 26, 2024 | $0.031 | OrdinaryDividend |
Mar 26, 2024 | $0.031 | OrdinaryDividend |
Feb 27, 2024 | $0.029 | OrdinaryDividend |
Jan 29, 2024 | $0.030 | OrdinaryDividend |
Dec 26, 2023 | $0.028 | OrdinaryDividend |
Nov 21, 2023 | $0.025 | OrdinaryDividend |
Oct 27, 2023 | $0.025 | OrdinaryDividend |
Sep 27, 2023 | $0.022 | OrdinaryDividend |
Aug 29, 2023 | $0.022 | OrdinaryDividend |
Jul 27, 2023 | $0.021 | OrdinaryDividend |
Jun 28, 2023 | $0.018 | OrdinaryDividend |
May 26, 2023 | $0.019 | OrdinaryDividend |
Apr 26, 2023 | $0.018 | OrdinaryDividend |
Mar 29, 2023 | $0.017 | OrdinaryDividend |
Feb 24, 2023 | $0.013 | OrdinaryDividend |
Jan 27, 2023 | $0.011 | OrdinaryDividend |
Dec 27, 2022 | $0.010 | OrdinaryDividend |
Nov 22, 2022 | $0.009 | OrdinaryDividend |
Oct 27, 2022 | $0.009 | OrdinaryDividend |
Sep 28, 2022 | $0.008 | OrdinaryDividend |
Aug 29, 2022 | $0.007 | OrdinaryDividend |
Jul 27, 2022 | $0.007 | OrdinaryDividend |
Jun 28, 2022 | $0.007 | OrdinaryDividend |
May 26, 2022 | $0.007 | OrdinaryDividend |
Apr 27, 2022 | $0.005 | OrdinaryDividend |
Mar 29, 2022 | $0.004 | OrdinaryDividend |
Feb 24, 2022 | $0.004 | OrdinaryDividend |
Jan 27, 2022 | $0.004 | OrdinaryDividend |
Dec 17, 2021 | $0.010 | CapitalGainShortTerm |
Dec 17, 2021 | $0.005 | CapitalGainLongTerm |
Nov 22, 2021 | $0.004 | OrdinaryDividend |
Oct 27, 2021 | $0.004 | OrdinaryDividend |
Sep 28, 2021 | $0.004 | OrdinaryDividend |
Aug 27, 2021 | $0.006 | OrdinaryDividend |
Jul 28, 2021 | $0.004 | OrdinaryDividend |
Jun 28, 2021 | $0.005 | OrdinaryDividend |
May 26, 2021 | $0.006 | OrdinaryDividend |
Apr 28, 2021 | $0.005 | OrdinaryDividend |
Mar 29, 2021 | $0.007 | OrdinaryDividend |
Feb 24, 2021 | $0.007 | OrdinaryDividend |
Jan 27, 2021 | $0.007 | OrdinaryDividend |
Dec 18, 2020 | $0.008 | OrdinaryDividend |
Dec 18, 2020 | $0.009 | CapitalGainShortTerm |
Dec 18, 2020 | $0.003 | CapitalGainLongTerm |
Nov 18, 2020 | $0.007 | OrdinaryDividend |
Oct 28, 2020 | $0.008 | OrdinaryDividend |
Sep 23, 2020 | $0.009 | OrdinaryDividend |
Aug 26, 2020 | $0.012 | OrdinaryDividend |
Jul 29, 2020 | $0.011 | OrdinaryDividend |
Jun 24, 2020 | $0.013 | OrdinaryDividend |
May 27, 2020 | $0.013 | OrdinaryDividend |
Apr 22, 2020 | $0.018 | OrdinaryDividend |
Mar 25, 2020 | $0.018 | OrdinaryDividend |
Feb 26, 2020 | $0.017 | OrdinaryDividend |
Jan 29, 2020 | $0.018 | OrdinaryDividend |
Dec 19, 2019 | $0.020 | OrdinaryDividend |
Dec 19, 2019 | $0.004 | CapitalGainLongTerm |
Nov 20, 2019 | $0.018 | OrdinaryDividend |
Oct 30, 2019 | $0.021 | OrdinaryDividend |
Sep 25, 2019 | $0.021 | OrdinaryDividend |
Aug 28, 2019 | $0.019 | OrdinaryDividend |
Jul 24, 2019 | $0.019 | OrdinaryDividend |
Jun 26, 2019 | $0.025 | OrdinaryDividend |
May 29, 2019 | $0.021 | OrdinaryDividend |
Apr 24, 2019 | $0.026 | OrdinaryDividend |
Mar 27, 2019 | $0.031 | OrdinaryDividend |
Feb 20, 2019 | $0.015 | OrdinaryDividend |
Jan 23, 2019 | $0.024 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 14, 2018
3.46
3.5%
Jim Dadura, Principal and Director of Fixed Income, joined Segall Bryant & Hamill in September 1999. He leads SBH's Fixed Income group. In addition, his responsibilities include the management of Core and Intermediate Fixed Income products along with analyzing alternative structured products. Prior to joining SBH, Mr. Dadura served as a Mortgage-Backed Security, Portfolio Structure and Quantitative Analyst at The Chicago Trust Company from 1994 to 1999. He holds a BBA from the University of Texas and an MBA from DePaul University. Mr. Dadura started in the investment industry in 1994 and has earned the Chartered Financial Analyst (CFA) designation.
Start Date
Tenure
Tenure Rank
Dec 14, 2018
3.46
3.5%
Greg Hosbein, Principal and Senior Portfolio Manager, joined Segall Bryant & Hamill in March 1997. Prior to joining SBH, he served as an Institutional Fixed Income Salesman at ABN AMRO Securities from 1992 to 1997 and as a Portfolio Manager at LaSalle National Trust from 1986 to 1992. He earned a B.S. from Boston College cum laude and an MBA with distinction from DePaul University. Mr. Hosbein has been in the investment industry since 1986 and has earned the Chartered Financial Analyst (CFA) designation.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.16 | 2.41 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...