The Mesirow Financial Enhanced Core Plus Fund (the “Enhanced Core Plus Fund” or the “Fund”) seeks to maximize total return through capital appreciation and current income consistent with preservation of capital.
Share Class Details
|Share Class||Symbol||CUSIP||Management Fee||Gross Expenses||Net Expenses*||Min Inv|
* The Adviser has contractually agreed to waive fees and expenses until January 31, 2021.
The Institutional and Investor shares charge a 1% redemption fee on amounts redeemed less than 90 days.
Daily Performance (As of April 8, 2020):
|Share Class||Daily NAV||YTD Performance|
|Institutional Class (MFBIX)||$9.49||-4.27%|
|Investor Class (MFBVX)||$9.49||-4.22%|
Monthly Performance (As of March 31, 2020):
|Share Class||1 Month||3 Month||YTD||1 Year||Since Inception**|
|Institutional Class (MFBIX)||-7.00%||-4.67%||-4.67%||--||-4.46%|
|Investor Class (MFBVX)||-6.96%||-4.62%||-4.62%||--||-4.56%|
Quarterly Performance (As of March 31, 2020):
|Share Class||QTD||YTD||1 Year||Since Inception**|
|Institutional Class (MFBIX)||-4.67%||-4.67%||--||-4.46%|
|Investor Class (MFBVX)||-4.62%||-4.62%||--||-4.56%|
**Inception date is October 1, 2019.
The performance date quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Investment performance does not reflect the redemption fee; if it was reflected, the total return would be lower than shown.
Top 10 Holdings as of December 31, 2019
|Holding Name||Coupon||Maturity Date||Allocation|
FEDERAL NATIONAL MORTGAGE ASSOCIATION
|US TREASURY N/B||1.75%||07/31/2024||3.01%|
|FNCL TBA 4% JANUARY||4.00%||01/15/2045||2.71%|
|FEDERAL NATIONAL MORTGAGE ASSOCIATION||3.00%||02/15/2045||2.48%|
|US TREASURY N/B||1.875%||07/31/2026||2.46%|
|HOME DEPOT INC/THE||4.50%||12/6/2048||1.36%|
|LLOYDS BANKING GROUP PLC||3.75%||01/11/2027||1.29%|
|IHO VERWALTUNGS GMBH 144A||4.75%||09/15/2026||1.25%|
|US TREASURY N/B||1.375%||10/15/2022||1.22%|
|TERRIER MEDIA BU TL||6.08%||12/17/2026||1.18%|
Holdings are subject to change
Have questions or need more information? Contact us at 833.637.4769 or send us a message.submit an inquiry
Carefully consider the Funds’ investment objective, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full & summary prospectus, which may be obtained on the Documents page of this site or by calling 1-833-MESIROW. Read the prospectus before investing.