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Fund Overview

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Fund Overview

The Fund seeks current income and realized gains from writing options with capital appreciation as a secondary objective.

Symbols
TCBIX & TCBAX
Share Class
I-Share
A-Share

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 9/30/20

    $ 82 Mil

  • 3 Yr Return as of 9/30/20

    -0.99%

  • 5 Yr Return as of 9/30/20

    4.15%

  • Minimum Investment

    $2,500

  • Investment Style

    Large Value

  • Category

    Options-based

  • Share Class Inception Date

    10/01/13

  • Total Fund Assets as of 9/30/20

    $ 82 Mil

  • 3 Yr Return as of 9/30/20

    -1.27%

  • 5 Yr Return as of 9/30/20

    3.89%

Historical Distribution

 201420152016201720182019
TCBIX$1.12$0.53$0.72$0.74$1.01$0.63
TCBAX$1.09$0.48$0.68$0.69$0.98$0.61

Top 10 Equity Holdings

as of 9/30/2020

Security DescriptionNet Asset %
AT&T4.00%
Invesco3.62%
Intel3.49%
JPMorgan3.17%
Viacom3.05%
IBM2.98%
CVS2.85%
Tyson Foods2.54%
Duke Energy2.51%
Cisco Systems2.40%

 

*Portfolio holdings are subject to change and should not be considered investment advice.

Investment Performance

As of 9/30/20

Maximum Sales Charge of 5.25%

 3-MonthYTD1-Year3-Year5-yearSince
Inception
10/1/13
TCBIX-1.52%-17.32%-13.42%-0.99%4.15%3.70%
TCBAX-1.59%-17.53%-13.71%-1.27%3.89%3.42%
TCBAX
With Load		-6.80%-21.87%-18.28%-3.03%2.77%2.63%
BXM Index6.52%-9.58%-5.66%0.79%4.62%5.19%
Russell 1000
Value Index		5.59%-11.58%-5.04%2.61%7.63%7.22%
S&P 5008.93%5.57%15.15%12.28%14.15%12.55%

 

There is no assurance that the fund will achieve its investment objectives. *The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until January 31, 2021, the Fund’s gross total annual operating expenses would be 1.80% for Class A and 1.55% for Class I. The net annual fund operating expenses are 1.76% and 1.51% of the Fund’s average daily net assets for its Class A and Class I shares, subject to possible recoupment from the Fund in future years. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. For performance information current to the most recent month-end, please call 855-525-2151.

Important Risk Information:

Mutual funds involve risk including the possible loss of principal. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Covered Bridge Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.THECOVEREDBRIDGEFUND.com or by calling +1-855-525-2151. The prospectus should be read carefully before investing. The Covered Bridge Fund is distributed by Northern Lights Distributors, LLC member FINRA/SIPC. Stonebridge Capital Advisors, LLC is not affiliated with Northern Lights Distributors, LLC. 7343-NLD-10/28/2020