ZEOIX – Total Annual Operating Expense Ratio: 1.03%. The Management fee was lowered from 1% to 0.75% on May 1, 2018. Fees are retrospective and do not necessarily represent current expenses which scale down with asset growth.
The performance data quoted represents past performance net of all fees and expenses for the Zeo Short Duration Income Fund (“the Fund” or “ZEOIX”). Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. A fund’s performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. For performance information current to the most recent month-end, please call toll-free 855-936-3863.
The Bloomberg Barclays U.S. Aggregate: covers the USD-denominated, investment-grade, fixed-rate, taxable bond market of SEC-registered securities. The index includes bonds from the Treasury, Government-Related, Corporate, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS, and CMBS sectors. The U.S. Aggregate Index is a component of the U.S. Universal Index in its entirety. Unmanaged index returns do not reflect any fees, expenses or sales charges.
ZEOIX Top 10 Holdings
ZEO SHORT DURATION INCOME FUND
Security Holdings as of 11/30/2020
Based On Net Assets
Caleres Inc 6.250 08/15/2023
WESCO Distribution Inc 5.375 12/15/2021
ATS Automation Tooling Systems Inc 6.500 06/15/2023
Nexteer Automotive Group Ltd 5.875 11/15/2021
PriSo Acquisition Corp 9.000 05/15/2023
Hyland Software Inc 2L Term Loan
Michaels Stores Inc 8.000 07/15/2027
Cast & Crew Payroll LLC 1L Term Loan
Lions Gate Capital Holdings LLC 5.875 11/01/2024
Mercer International Inc 6.500 02/01/2024
The security holdings are presented to illustrate examples of the securities that the fund has bought and the diversity of areas in which the funds may invest, and may not be representative of the fund’s current or future investments. Portfolio holdings are subject to change and should not be considered to be investment advice.