Bandon Isolated Alpha Fixed Income A
Northern Lights Fund Trust(Bandon)
Map
Phone: 855-477-8100
| Category: | Nontraditional Bond | | Fund Family: | Bandon Capital Management, LLC | | Net Assets: | 39.07M | | Year-to-Date Return: | 0.30% | | Yield: | 0.15% | | Morningstar Rating: | N/A | | Fund Inception Date: | Dec 30, 2010 |
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William F. Woodruff
Lead Manager since Dec 30, 2010 | | | Mr. Woodruff is Bandonâs founder and President. Prior to founding Bandon in September 2007, Mr. Woodruff spent four years with Beacon Investment Group and its subsidiaries, ultimately serving as the portfolio manager for the firmâs various hedge funds and alternative investment products. In that role, Mr. Woodruff was responsible for trading in a $230 million hedge fund portfolio ($300+ million on a leveraged basis), and created the trading approach that is now a flagship Bandon product. Mr. Woodruff began his career working for Portland, Oregon-based Philips & Co. Securities in 2002. He holds a B.B.A. in Finance from the University of Portland. |
| Min Initial Investment: | 10,000 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | 10,000 | | Min Subsequent Investment: | 100 | | Min Subsequent Investment, IRA: | 50 | | Min Subsequent Investment, AIP: | 100 |
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| The investment seeks consistent positive returns throughout various fixed income market cycles.
The fund normally invests at least 80% of assets in fixed income securities. It invests without restriction as to issuer capitalization, credit quality or country and without restriction as to a security's maturity, currency or structural features, such as an issuer's right to prepay. The fund uses fixed income options, financial futures, options on futures and swaps for hedging purposes and as substitutes for traditional securities. It is non-diversified. |
| Last Dividend
(Dec 17, 2012)
:
| 0.02 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(Jun 3, 2013)
:
| 548.00% | | Average for Category: | 174.91% |
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| Expense | BANAX | Category Avg |
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| Annual Report Expense Ratio (net): | 2.20% | 1.31% | | Prospectus Net Expense Ratio: | 2.24% | N/A | | Prospectus Gross Expense Ratio: | 2.79% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | 5.75% | 3.98% | | Max Deferred Sales Load:
| N/A | 1.43% | | 3 Yr Expense Projection*: | 1,341 | 596 | | 5 Yr Expense Projection*: | 1,919 | 971 | | 10 Yr Expense Projection*: | 3,477 | 2,007 |
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0.01(0.10%) Jun 18