PBXIX — Rational/Pier 88 Convertible Securities Fund
Data updated: 2026-05-29
PBXIX — Rational/Pier 88 Convertible Securities Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Preferred / Convertible Bond · $205.61M AUM · 1.00% expense ratio · 2.3% 1-yr return. From SEC regulatory filings.
PBXIX Fund Overview
PBXIX — Rational/Pier 88 Convertible Securities Fund is a US mutual fund managed by Mutual Fund & Variable Insurance Trust, categorised as Short Preferred / Convertible Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mutual Fund & Variable Insurance Trust
- Category: Short Preferred / Convertible Bond
- Assets under management: $205.61M
- 1-year return: 2.3%
- Ticker: PBXIX
- SEC CIK: 0000810695
- SEC series ID: S000067226
- Share class ID: C000216241
PBXIX Holdings
Top 10 holdings of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Funds Inc. | 6.24% |
| Alliant Energy Corporation | 5.14% |
| NextEra Energy Inc | 5.14% |
| PPL Capital Funding Inc. | 5.08% |
| Digital Realty Trust, L.P. | 4.90% |
| Global Payments Inc | 4.87% |
| WEC Energy Group Inc. | 4.78% |
| Uber Technologies Inc | 4.78% |
| ON Semiconductor Corp. | 4.73% |
| Bank of America Corp. | 4.66% |
PBXIX Portfolio Allocation
Asset-class allocation of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 66.1% |
| Equity | 27.5% |
| Cash & Equivalents | 6.2% |
PBXIX Performance
Total returns for PBXIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.7% |
| 1 year | 2.3% |
| 3 years (annualised) | 4.4% |
| 5 years (annualised) | 1.6% |
PBXIX Risk Information
Risk metrics for PBXIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.4%
PBXIX Costs and Fees
PBXIX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.11%
- Portfolio turnover: 185%
- Brokerage commissions: 16.08 bps of average net assets (SEC N-CEN)
PBXIX Cashflows
Over the 12 months to 2026-03, Rational/Pier 88 Convertible Securities Fund had net inflows of $10.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $2.44M |
| 2026-02 | $1.45M |
| 2026-01 | $916.56K |
| 2025-12 | $1.65M |
| 2025-11 | −$525.24K |
| 2025-10 | $31.76K |
PBXIX Debt Constituents
Largest debt holdings of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Alliant Energy Corporation | 5.14% |
| NextEra Energy Inc | 5.14% |
| PPL Capital Funding Inc. | 5.08% |
| Digital Realty Trust, L.P. | 4.90% |
| Global Payments Inc | 4.87% |
| WEC Energy Group Inc. | 4.78% |
| Uber Technologies Inc | 4.78% |
| ON Semiconductor Corp. | 4.73% |
| Etsy Inc | 4.53% |
| Meritage Homes Corp | 4.26% |
PBXIX Prospectus and SEC Filings
Official Rational/Pier 88 Convertible Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Preferred / Convertible 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.