Fund Overview
The Covered Bridge Fund was created with the goal of reducing risk during equity market volatility and extending income opportunities for investors.
At A Glance
-
Minimum Investment
$100,000 -
Investment Style
Large Value -
Category
Options-based -
Share Class Inception Date
10/01/13 -
Total Fund Assets as of 6/30/24
$104 Mil -
3 Yr Return as of 6/30/24
3.26% -
5 Yr Return as of 6/30/24
6.10% -
10 Yr Return as of 6/30/24
5.67%
-
Minimum Investment
$2,500 -
Investment Style
Large Value -
Category
Options-based -
Share Class Inception Date
10/01/13 -
Total Fund Assets as of 6/30/24
$104 Mil -
3 Yr Return as of 6/30/24
3.02% -
5 Yr Return as of 6/30/24
5.83% -
10 Yr Return as of 6/30/24
5.41%
Annual Principal Value and Payout
As of 6/30/24
Ending Principal | Payout | Cumulative Payout | |
2014 | $102,200 | $11,234 | $11,234 |
2015 | $93,800 | $5,330 | $16,564 |
2016 | $99,000 | $7,242 | $23,806 |
2017 | $101,100 | $7,687 | $31,493 |
2018 | $87,500 | $10,104 | $41,597 |
2019 | $96,900 | $6,391 | $47,988 |
2020 | $90,300 | $4,248 | $52,236 |
2021 | $100,500 | $7,581 | $59,817 |
2022 | $92,900 | $8,071 | $67,888 |
2023 | $89,800 | $7,907 | $75,795 |
YTD 2024 | $87,000 | $3,494 | $79,289 |
Simple Average of Annual Payout (2014-2023)= $7,580
Starting in 2018, the fund transitioned from distributing capital gains annually to distributing capital gains on a quarterly basis.
Top 10 Equity Holdings
as of 6/30/24
Net Asset % | |
AT&T | 3.65% |
Cisco | 3.17% |
Chevron | 3.13% |
UPS | 3.13% |
Johnson & Johnson | 2.79% |
Pfizer | 2.67% |
US Bank | 2.65% |
Medtronic | 2.48% |
Verizon | 2.40% |
Bristol-Myers Squibb | 2.38% |
Investment Performance
as of 6/30/24
Fund Name | 3M | YTD Return |
1Y | 3Y | 5Y | 10Y | Since Incep |
TCBIX | -3.58% | 0.82% | 7.81% | 3.26% | 6.10% | 5.67% | 6.51% |
TCBAX | -3.63% | 0.67% | 7.50% | 3.02% | 5.83% | 5.41% | 6.24% |
TCBAX with Load | -8.65% | -4.61% | 1.86% | 1.17% | 4.69% | 4.84% | 5.71% |
CBOE S&P 500 BUYWRITE INDEX – BXM | 1.49% | 7.59% | 10.02% | 4.99% | 5.56% | 5.77% | 6.51% |
Russell 1000 Value Total Return | -2.17% | 6.62% | 14.96% | 5.54% | 9.01% | 8.23% | 9.33% |
S&P 500® Index | 4.28% | 15.29% | 26.67% | 10.08% | 15.05% | 12.85% | 13.61% |