Morningstar

Regan Total Return Income Fund Investor Class RCTRX

Medalist Rating as of Sep 30, 2026 See Regan Capital Investment Hub

Strategy

The investment seeks to provide a high level of risk-adjusted current income and capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets in mortgage-backed securities ("MBS"). In seeking to meet its objective, the fund will primarily invest in RMBS that is non-agency MBS. The weighted average life of its MBS investments will generally range from between 0 and 10 years. The fund may invest in other fixed-income securities, including CMBS, asset-backed securities, senior tranche CLOs, and securities of other fixed-income investment companies.

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
RCTRX	Regan Total Return Income Fund Investor Class	No Load	Closed			Oct 1, 2020	$167.70M	1.240%	High	$1,000	$37.73M
RCIRX	Regan Total Return Income Fund Institutional Class	Institutional	Open			Oct 1, 2020	$2.20B	0.990%	High	$100,000	$275.51M

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