GLBNX — Great Lakes Bond Fund
Data updated: 2021-08-26
GLBNX — Great Lakes Bond Fund. Bond · $83.13M AUM · 0.60% expense ratio · 1.3% 1-yr return. Holdings, fees, performance and SEC filings.
GLBNX Fund Overview
GLBNX — Great Lakes Bond Fund is a US mutual fund managed by Managed Portfolio Series, 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: Managed Portfolio Series
- Category: Bond
- Assets under management: $83.13M
- 1-year return: 1.3%
- Ticker: GLBNX
- SEC CIK: 0001511699
- SEC series ID: S000038404
- Share class ID: C000118449
GLBNX Investment Objective and Strategy
Great Lakes Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Managed Portfolio Series.
Investment objective
The Great Lakes Bond Fund (the Fund) seeks total return with an emphasis on current income.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. Fund investments include fixed and floating rate corporate bonds (including privately placed securities that have not been registered under the Securities Act of 1933 (the Securities Act) but may be resold to qualified institutional buyers in accordance with the provisions of Rule 144A under the Securities Act (Rule 144A Securities)), asset-backed and mortgage-backed securities, municipal securities issued by or on behalf of states and local governmental authorities throughout the United States and its territories and securities issued, backed or otherwise guaranteed by the U.S. government, or its agencies, including securities issued by U.S. government sponsored entities.
The Advisers investment process is team driven to provide research, analysis and portfolio implementation. The Fund utilizes an actively managed, bottom up strategy that emphasizes adding value by actively managing issues, sectors, credit quality and yield curve positions. The Adviser places a great deal of emphasis on the identification of structural features, such as coupon rate, maturity, yield, duration and credit rating, that will perform best in the current market environment and possible future environments. Although creditworthiness is of fundamental importance, especially in the corporate sector, the Adviser may invest up to 30% of the Funds total assets in high yield debt or junk bonds (higher-risk, lower-rated fixed income securities such as those rated lower than BBB- by Standard & Poors Rating Service, Inc.
(S&P) or equivalently rated by Moodys Investors Service, Inc. (Moodys) or Fitch, Inc. (Fitch), or, if unrated, determined by the Adviser to be of comparable quality). From time to time, the Fund may focus its investments in securities of companies in the same economic sector. In addition to investing in bonds, the Fund may invest in other investment companies, including exchange-traded funds (ETFs), to the extent permitted by the Investment Company Act of 1940, as amended (the 1940 Act), in order to reduce cash balances and increase the Funds exposure to bonds. The Fund may also invest up to 25% of its total assets in securities denominated in foreign currencies.
GLBNX Performance
Total returns for GLBNX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.3% |
GLBNX Risk Information
Risk metrics for GLBNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.6%
GLBNX Costs and Fees
GLBNX costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 87%
- Brokerage commissions: 0.45 bps of average net assets (SEC N-CEN)
GLBNX Cashflows
Over the 12 months to 2021-06, Great Lakes Bond Fund had net inflows of $22.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $745.04K |
| 2021-05 | $1.05M |
| 2021-04 | $1.61M |
| 2021-03 | $576.97K |
| 2021-02 | $1.14M |
| 2021-01 | $1.51M |
GLBNX Debt Constituents
No individual debt constituents are reported in Great Lakes Bond Fund's latest SEC N-PORT filing.
GLBNX Prospectus and SEC Filings
Official Great Lakes Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-07
- Prospectus (485BPOS) — filed 2018-07-31
- Prospectus supplement (497) — filed 2019-08-19
- Portfolio holdings (N-PORT) — filed 2021-08-26
- Portfolio holdings (N-PORT) — filed 2021-05-13
- Portfolio holdings (N-PORT) — filed 2021-02-24
- Annual census (N-CEN) — filed 2021-06-14
- Annual census (N-CEN) — filed 2020-06-10
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.