ASTON/TCH Fixed Income Fund
| N | I | |
|---|---|---|
| CUSIP | 00078H323 | 00078H331 |
| Ticker | CHTBX | CTBIX |
| Share Class Inception | 12/13/1993 | 7/31/2000 |
| Gross Exp Ratio (%) | 1.15 | 0.9 |
| Net Exp Ratio (%) | 0.94 | 0.69 |
| 30 Day Yield (03/31/12) | 3.41 | 3.56 |
| NAV | 10.70 | 10.71 |
| NAV Change |  0.09 | 0.00 |
| Dividend Frequency | Monthly |
| Benchmark | Barclays U.S. Aggregate Bond |
| Morningstar Category | Intermediate-Term Bond |
Overall Morningstar Rating™
Among 1006 Intermediate-Term Bond funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 4/30/12.
Fund Resources
Portfolio Managers
Tere Alvarez Canida, CFA
Tere Alvarez Canida, CFA
Ms. Canida is President and Managing Principal of TCH. She has more than 29 years of investment experience, having previously served as Vice President and Senior Investment Officer of Southeast Banks Trust Company. She received her BS from Georgetown University in 1975, and her MBA from The George Washington University in 1976.
Alan M. Habacht
Alan M. Habacht
Mr. Habacht has more than 38 years of investment experience. Before joining TCH, he served as Senior Vice President and portfolio manager for INVESCO Capital Management. He also served as a security analyst for Weiss, Peck & Greer, Alliance Capital Management, and Bache & Company. Mr. Habacht received his BA in Finance from Boston University in 1968.
William J. Canida, CFA
William J. Canida, CFA
Co-Portfolio Manager of each Fund since December 1, 2006 and Principal of Taplin. Mr. Canida has over 31 years of investment experience. Prior to joining Taplin, he served as Vice President and Senior Investment Officer for Harris Trust Company of Florida. He also was Vice President and Treasurer of AmeriFirst Florida Trust Company and Southeast Bank. Mr. Canida received his BA in 1973 and his MBA in 1975, both from Indiana University. He has also attended the National Graduate Trust School of Northwestern University, and became a Chartered Financial Analyst in 1982.
Investment Strategy
The ASTON/TCH Fixed Income Fund seeks to maximize current income consistent with prudent risk by focusing on independent fundamental security research to gain from inefficiencies in various bond market sectors.
If you are an investment professional, login or register here for access to Aston’s research content. Discover the unique qualities that differentiate our Subadvisers at both the firm and strategy levels.
Objective
The Fund seeks high current income consistent with prudent risk of capital.
Risk Considerations
Fixed income funds are subject to interest rate risk. The value of a fixed income fund will decline as interest rates rise. Bond funds are subject to interest rate and credit risk similar to individual bonds. As interest rates rise or credit quality suffers, an investor is susceptible to loss of principal.
| Fund Stats (as of 3/31/12) | N Shares | I Shares |
|---|---|---|
| Origin Of Information | N/A | N/A |
| Sales Load | None | None |
| Total Net Assets (5/22/12) | $59,117,860.28 | $9,970,898.61 |
| Turnover | 54% | 54% |
| Minimum Investment | 2,500 | 1,000,000 |
| Alpha (3 yr.) | N/A | N/A |
| Beta (3 yr.) | N/A | N/A |
| R-Squared (3 yr.) | N/A | N/A |
| Standard Dev (3 yr.) | N/A | N/A |
| Sharpe Ratio (3 yr.) | N/A | N/A |
| Current Wtd Average P/E (trailing) | N/A | N/A |
| Current Wtd Average P/B (trailing) | N/A | N/A |
| Median Mkt Cap ($Mil) | N/A | N/A |
| Average Wtd Coupon | 5.86 | 5.86 |
| Effective Maturity | 9.86 | 9.86 |
| Sector Breakdown (as of 4/30/12) | |
|---|---|
| Corporate Bonds | 60.46% |
| Mortgage-backed Securities | 15.30% |
| Foreign Corporate Bonds | 8.87% |
| U.s. Government Obligations | 5.67% |
| Cash Equivalents & Other | 4.09% |
| U.s. Government Agency Obligations | 3.94% |
| Foreign Government Bond | 1.68% |
| Top Ten Holdings (as of 4/30/12) | |||||
|---|---|---|---|---|---|
| Company | Ticker | CUSIP | Number of Shares | Market Value | % of Net Assets |
| TSY INFL IX N/B | 912828JE1 | 1,580,850 | $1,832,797.97 | 2.49% | |
| TSY INFL IX N/B | 912810PV4 | 1,084,810 | $1,336,943.71 | 1.81% | |
| FREDDIE MAC | 3128M6EF1 | 1,033,243 | $1,139,857.58 | 1.54% | |
| USAA AUTO OWNER TRUST | 90327XAD6 | 1,042,329 | $1,055,836.70 | 1.43% | |
| FREDDIE MAC | 3132GKWK8 | 990,088 | $1,047,193.00 | 1.42% | |
| LIMITED BRANDS | 532716AN7 | 1,000,000 | $1,015,000.00 | 1.37% | |
| NB CAPITAL TR II | 628958AB6 | 1,000,000 | $1,008,750.00 | 1.37% | |
| GEN ELEC CAP CRP | 36962G5X8 | 1,000,000 | $1,002,354.00 | 1.36% | |
| T-BILL 0% 6/7/12 | 2221260 | 1,000,000 | $999,932.90 | 1.35% | |
| FANNIE MAE | 31414CS90 | 866,761 | $948,596.20 | 1.28% | |
As the fund is actively managed, the securities as presented may not represent the current or future composition of the portfolio.
Funds
- All Funds
Large Cap Domestic Equity Funds
Domestic Equity Income Funds
Mid Cap Domestic Equity Funds
Small Cap Domestic Equity Funds
Global/International Funds
Alternative Funds
Sector Funds
Balanced Funds
Fixed Income Funds
Money Market Funds
- Shareholder Account Access
Shareholder Account Access
- Distributions/Capital Gains
Distributions/Capital Gains
- Need Help? Contact Us by E-mail
Need Help? Contact Us by E-mail
- Research - Our Subadvisers
Research - Our Subadvisers
- Performance
Performance
- Funds
Funds
My Pages
Click the "Add Page" icon located on the upper right side of each page to start creating your own personal navigation for this site.
