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Fund Overview

Fund Overview

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

Symbols
TCBIX & TCBAX

At A Glance

  • Minimum Investment

    $10,000
  • Investment Style

    Large Value
  • Category

    Options-based
  • Share Class Inception Date

    10/01/13
  • Total Fund Assets as of 6/30/22

    $110 Mil
  • 3 Yr Return as of 6/30/22

    6.08%
  • 5 Yr Return as of 6/30/22

    6.30%
  • Minimum Investment

    $2,500
  • Investment Style

    Large Value
  • Category

    Options-based
  • Share Class Inception Date

    10/01/13
  • Total Fund Assets as of 6/30/22

    $118 Mil
  • 3 Yr Return as of 6/30/22

    5.80%
  • 5 Yr Return as of 6/30/22

    6.05%

Investment Performance

As of 6/30/22

Maximum Sales Charge of 5.25%

 3-MonthYTD1-Year3-Year5-yearSince
Inception
10/1/13
TCBIX-8.71%-5.01%-2.29%6.08%6.30%6.59%
TCBAX-8.81%-5.11%-2.52%5.80%6.05%6.32%
TCBAX
With Load
-13.59%-10.10%-7.68%3.91%4.92%5.67%
BXM Index-10.92%-10.19%-2.62%3.35%4.09%5.95%
Russell 1000
Value Index
-12.21%-12.86%-6.82%6.87%7.17%8.66%
S&P 500-16.10%-19.96%-10.62%10.60%11.31%11.75%
Performance data quoted above is historical. Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. For performance information current to the most recent month-end, please call 855-525-2151. 1 There is no assurance that the fund will achieve its investment objectives. 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, 2023, 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 1.71% and 1.46% 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. Maximum Sales Charge of 5.25%.

Top 10 Equity Holdings

as of 6/30/22

Security DescriptionNet Asset %
AT&T4.18%
QUALCOMM3.47%
JPMorgan Chase3.06%
Intel3.05%
Verizon2.80%
BlackRock2.76%
Microsoft2.33%
Citigroup2.29%
International Paper2.27%
Gilead Sciences2.24%

 

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

Historical Distribution

 20142015201620172018201920202021
TCBIX$1.12$0.53$0.72$0.74$1.01$0.63$0.42$0.76
TCBAX$1.09$0.48$0.68$0.69$0.98$0.61$0.40$0.73

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.

9256-NLD 07/08/2022