C000198335 Performance — PPM Floating Rate Income Fund, Institutional Class
Data updated: 2020-11-24
In the 12 months to Sep 2020 the fund took in a net $1.7M, and assets reached $52.74M.
C000198335 Growth of $100
What $100 invested in PPM Floating Rate Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000198335 | Category average |
|---|---|---|
| Since data start (Jan 2020 – Sep 2020) | $98 | $98 |
C000198335 Annual Returns
Calendar-year total returns of PPM Floating Rate Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 (Jan–Sep) | −2.02% |
C000198335 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | +0.2% | −1.7% | −10.7% | +4.5% | +3.1% | +0.2% | +1.9% | +1.0% | +0.2% | — | — | — |
C000198335 Risk
Risk measures from monthly returns over Jan 2020 – Sep 2020.
- Best month: +4.45% (Apr 2020)
- Worst month: −10.66% (Mar 2020)
C000198335 Fund Flows
Monthly money in and out of PPM Floating Rate Income Fund, from SEC Form N-PORT.
- 12-month net flow: $1.7M
- 12-month gross sales (incl. reinvestments): $1.7M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2020 | $111K | $0 | $111K |
| Aug 2020 | $108K | $0 | $108K |
| Jul 2020 | $121K | $0 | $121K |
| Jun 2020 | $116K | $0 | $116K |
| May 2020 | $120K | $0 | $120K |
| Apr 2020 | $670K | $0 | $670K |
| Mar 2020 | $156K | $0 | $156K |
| Feb 2020 | $150K | $0 | $150K |
| Jan 2020 | $157K | $0 | $157K |
C000198335 Assets Under Management
Net assets of PPM Floating Rate Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-09-30 | $52.74M |
| 2020-06-30 | $51.17M |
| 2020-03-31 | $46.98M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.