NEW AT SEMPER
- Semper Capital Management honored in Pensions & Investments Best Places to Work in Money Management Awards
- Emerging Manager Monthly: Call to Arms: The Uphill Battle of Veteran-Owned Asset Managers
- Market Perspective: Structured Credit—Navigating Ahead/2017’s Strengths in Domestic Housing, Credit, and US Economy to Hold Strong
Cashflows: Mortgages typically have required monthly interest and principal payments which are collected by servicers of mortgage-backed securities trusts, which in turn distribute these payments to MBS investors.
Bps (Basis point): Denotes the change in interest rates or the yield of a fixed-income security (1/100th of 1%).
Semper Capital Management is an independent investment management firm specializing in mortgage securities and other asset-backed investments.
The Overall Morningstar Rated™ Semper MBS Total Return Fund (SEMMX) invests primarily in mortgage-backed securities (MBS) including residential MBS (RMBS) and commercial MBS (CMBS). The Fund seeks to provide a high level of risk-adjusted current income and capital appreciation.
The Overall Morningstar Rated™ Semper Short Duration Fund (SEMIX) invests primarily in short duration securities in sectors including RMBS and CMBS. The Fund seeks to provide a high level of current income that is consistent with preservation of capital.
All classes offer daily purchases and redemptions. The Institutional Shares have no Rule 12b-1 distribution and service fee and have a higher minimum initial investment than Investor and Class A Shares. Investor and Class A Shares have a 0.25% Rule 12b-1 distribution and service fee.
Capital Gains Distribution Announcement:
The Semper MBS Total Return Fund and The Semper Short Duration Fund will not have capital gains distribution at the end of the 2018 calendar year.
Total Return Fund
As of 12/31/18 the Semper MBS Total Return Fund received a 5-Star Overall Morningstar Rating™ and a 4-Star 3-Year Morningstar Rating™ among 274 Non-Traditional Bond Funds, and a 5-Star 5-Year Morningstar Rating™ among 177 Non-Traditional Bond Funds.
Semper Short Duration Fund
As of 12/31/18 the Semper Short Duration Fund received a 5-Star Overall Morningstar Rating™ among 145 Ultrashort Bond Funds and a 5-Star Morningstar Rating™ for both the 3 and 5 year periods among 145 and 122 Ultrashort Bond Funds, respectively.