Morningstar

Leader Short Term High Yield Bond Fund Institutional Class LCCIX

Medalist Rating as of Aug 31, 2026 See Leader Capital Investment Hub

Strategy

The investment seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund invests at least 80% of its net assets in non-investment grade bonds which the advisor defines as securities rated lower than Baa3 by Moody’s Investors Service BBB- by Standard & Poor’s Ratings Group, Fitch BBB-, or, if unrated, as determined by the Advisor to be of comparable quality. The fund’s effective average duration of its portfolio investments will normally be three years or less.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LCCIX	Leader Short Term High Yield Bond Fund Institutional Class	Institutional	Open			Oct 31, 2008	$189.66M	1.250%	High	$100,000	$51.96M
LCCMX	Leader Short Term High Yield Bond Fund Investor Class	Level Load	Open			Jul 14, 2005	$35.14M	1.750%	Above Average	$2,500	−$3.10M

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