Nontraditional Bond Funds

Nontraditional bond funds are like the grade-school kids that liked to color outside the lines. Here, the strategies often have very limited portfolio constraints on exposure to credit, sectors, currency, or interest-rate sensitivity. They may also have exposure to a mix of factors such as absolute return mandates (goals of producing returns not correlated with the overall bond market), performance benchmarks based on ultra-short-term interest rates (such as T-bills), and the ability to use a broad range of derivatives for market- and security-level positions.
Screen With Investor
Name
Medalist Rating
Overall
SEC 30-Day Yield
TTM Yield
Average Effective Duration
Total Return
1 Year
Total Return
3 Year
Adjusted Expense Ratio
Fund Size
1290 Diversified Bond Fund Class A
TNUAX
6.48%4.80%7.730.31%6.83%0.750%$593.81M
1290 Diversified Bond Fund Class I
TNUIX
7.09%4.94%7.730.56%7.10%0.500%$593.81M
1290 Diversified Bond Fund Class R
TNURX
6.49%4.67%7.730.06%6.58%1.000%$593.81M
Abacus Flexible Bond Leaders ETF
ABXB
4.51%4.82%2.08−0.41%6.20%0.620%$1.87M
Adaptive Hedged Multi-Asset Income ETF
AMAX
—12.67%—−1.05%9.87%1.370%$72.64M
Anchor Risk Managed Income Strategies Fund Advisor Class Shares
ATCAX
—11.84%3.85−4.08%2.75%2.920%$14.88M
Anchor Risk Managed Income Strategies Fund Institutional Class
ATCSX
—11.63%3.85−4.31%2.48%3.170%$14.88M
Anfield Universal Fixed Income Fund Advisor Class
AFLAX
—————1.240%$147.42M
Anfield Universal Fixed Income Fund Institutional Class
AFLIX
—2.70%—2.37%5.50%1.270%$147.42M
Anfield Universal Fixed Income Fund Investor Class
AFLNX
—————1.090%$147.42M
Artisan Global Unconstrained Fund Advisor Shares
APDPX
—4.41%—10.05%10.13%1.160%$2.10B
Artisan Global Unconstrained Fund Institutional Shares
APHPX
—4.47%—10.01%10.18%1.110%$2.10B
Artisan Global Unconstrained Fund Investor Shares
APFPX
—4.30%—9.93%10.05%1.260%$2.10B
AXS Tactical Income Fund Class I Shares
TINIX
—3.36%3.300.90%4.32%1.900%$30.45M
BlackRock Credit Relative Value Fund Class K
BDMKX
4.88%5.88%0.910.81%6.39%1.160%$989.75M
BlackRock Credit Relative Value Fund Institutional Shares
BGCIX
4.77%5.81%0.910.62%6.30%1.390%$989.75M
BlackRock Credit Relative Value Fund Investor A Shares
BGCAX
4.39%5.55%0.910.37%6.07%1.590%$989.75M
BlackRock Credit Relative Value Fund Investor C Shares
BGCCX
3.81%4.74%0.91−0.34%5.28%2.340%$989.75M
BlackRock Strategic Income Opportunities Portfolio Class K
BSIKX
4.84%4.56%4.091.95%7.04%0.530%$49.64B
BlackRock Strategic Income Opportunities Portfolio Institutional Shares
BSIIX
4.75%4.47%4.091.85%6.91%0.620%$49.64B
BlackRock Strategic Income Opportunities Portfolio Investor A Shares
BASIX
4.31%4.23%4.091.59%6.67%0.880%$49.64B
BlackRock Strategic Income Opportunities Portfolio Investor C Shares
BSICX
3.75%3.55%4.090.85%5.90%1.610%$49.64B
Bramshill Income Performance Fund Institutional Class
BRMSX
4.99%4.75%—−2.56%4.67%1.190%$991.42M
BTS Managed Income Fund Class A Shares
BTSAX
3.64%4.97%2.172.42%6.20%2.020%$14.16M
BTS Managed Income Fund Class C Shares
BTSCX
3.01%4.22%2.171.77%5.40%2.770%$14.16M

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