Ladder Select Bond Fund

The Fund seeks a combination of current income and capital preservation.

Assets
$12.5m

Dividend Frequency
Monthly

Avg. Effective Maturity
N/A

Avg. Duration
N/A

Institutional Class (I)
LSBIX

NAV (I)

Distribution Yield (I)1
N/A
As of 9/30/2016

SEC Yield (I)2
N/A
As of 9/30/2016

Overview

A CMBS Focused Fund Solution

Under normal market conditions, the Fund intends to invest at least 80% of its net assets in bonds. The Fund invests primarily in commercial mortgage-backed securities (“CMBS”) in an effort to deliver a combination of current income and capital preservation. Specifically, the Fund targets investment opportunities in senior mortgage loans on commercial real estate across:

  • Office Buildings
  • Retail Centers
  • Multifamily Complexes
  • Industrial Properties
  • Hospitality/Lodging Properties

Key Considerations

  • CMBS in the Fund tend to be senior in nature and are secured by commercial real estate and diversified across property types
  • While we intend to primarily invest in investment grade CMBS, the Fund can also invest in other commercial real estate-related debt
  • The Fund has the flexibility to actively manage duration and interest rate risk depending on market conditions

Fund Details

Share Class Ticker CUSIP Inception Date Gross Expenses Net Expenses Minimum Investment4
Institutional (I) LSBIX 90386H636 10/18/16 1.46% 0.95% $100,000
Advisor (A) LSBKX 90386H644 10/18/16 1.71% 1.20% $2,500