William Blair Bond Fund
Data updated: 2022-05-24
C000047895 — William Blair Bond Fund. Bond · $74.89M AUM · 0.45% expense ratio · -3.2% 1-yr return. Holdings, fees, performance and SEC filings.
C000047895 Fund Overview
William Blair Bond Fund is a US mutual fund managed by William Blair Funds, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: William Blair Funds
- Category: Bond
- Assets under management: $74.89M
- 1-year return: -3.2%
- SEC CIK: 0000822632
- SEC series ID: S000017307
- Share class ID: C000047895
C000047895 Investment Objective and Strategy
William Blair Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by William Blair Funds.
Investment objective
The William Blair Bond Fund seeks to outperform the Bloomberg Barclays U.S. Aggregate Index by maximizing total return through a combination of income and capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in bonds. Other types of income producing securities, such as convertible bonds, hybrid bonds and preferred stock, may also be considered in seeking to achieve the Funds investment objective. The Funds investments may have variable rates of interest. The Fund invests primarily in U.S. dollar denominated, investment grade fixed-income securities. A security is considered to be investment grade if it is rated in one of the highest four categories by at least one of the following three nationally recognized statistical rating organizations: Fitch Ratings, Moodys Investors Service, Inc. and Standard & Poors, a division of The McGraw-Hill Companies, Inc.
(the Rating Organizations). Up to 10% of the Funds net assets may be invested in fixed-income securities that at the time of purchase are rated below Baa3/BBB- (commonly referred to as high yield or junk bonds), provided that the securities are rated B3/B or higher by each of the Rating Organizations issuing a rating or, if unrated, if the Adviser deems such securities to be of at least B3/B quality at the time of purchase. The Funds assets will principally be invested in obligations of, or guaranteed by, the U.S. Government, its agencies or instrumentalities; corporate debt securities issued by domestic and foreign companies; and mortgage-backed securities and asset-backed securities, which are debt securities issued by a corporation, trust or custodian, or by a U.S. Government agency or instrumentality, that are collateralized (i.e., secured as to payment of interest and/or principal) by a portfolio or pool of assets, such as mortgages, debit balances on credit card accounts or U.S.
Government securities. The Fund may also invest in Rule 144A securities. The anticipated average duration for the Fund is a range within one year longer or shorter than the average duration of the Bloomberg Barclays U.S. Aggregate Index (the Benchmark). As of April 12, 2018, the modified adjusted duration of the Benchmark was 6.37 years. The duration of an instrument is different from the maturity of an instrument in that duration measures the average period remaining until the discounted value of the amounts due (principal and interest) under the instrument are to be paid, rather than the instruments stated final maturity. In addition, portfolio duration of five years means that if interest rates increased by one percent, the value of the portfolio would decrease by approximately five percent.
For purposes of calculating duration, instruments allowing prepayment will be assigned a prepayment schedule by the Adviser based upon industry experience. In choosing investments, the Adviser emphasizes individual security selection, as well as shifts in the Funds portfolio among market sectors. To a lesser extent, the Adviser actively manages the Funds average duration relative to the Benchmark.
C000047895 Performance
Total returns for C000047895 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.2% |
| 3 years (annualised) | 1.5% |
C000047895 Risk Information
Risk metrics for C000047895, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
C000047895 Costs and Fees
C000047895 costs about $45 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.45%
- Gross expense ratio: 0.55%
- Portfolio turnover: 71%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000047895 Cashflows
Over the 12 months to 2022-03, William Blair Bond Fund had net outflows of $226.32M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | −$87.06M |
| 2022-02 | −$120.77M |
| 2022-01 | −$1.73M |
| 2021-12 | −$1.45M |
| 2021-11 | −$932.71K |
| 2021-10 | −$30.18M |
C000047895 Debt Constituents
No individual debt constituents are reported in William Blair Bond Fund's latest SEC N-PORT filing.
C000047895 Prospectus and SEC Filings
Official William Blair Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-15
- Portfolio holdings (N-PORT) — filed 2022-05-24
- Portfolio holdings (N-PORT) — filed 2022-02-28
- Portfolio holdings (N-PORT) — filed 2021-11-29
- Annual census (N-CEN) — filed 2022-03-14
- Annual census (N-CEN) — filed 2021-03-15
Related Funds
Other Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.