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Mutual Fund Insights: Fifth Third Short Term Bond Instl Fund (KNLMX)

In-depth Analysis of Fifth Third Short Term Bond Instl Fund (KNLMX)

Mutual fund chart: Fifth Third Short Term Bond Instl Fund (KNLMX)

3 months
6 months
1 year
3 year
5 year

See Fifth Third Short Term Bond Instl Fund (KNLMX) performance details as of February 28, 2010

Last Trade: $9.50 on 3/19/2010, Change: 0.00 (0%)

Fund Manager - Jason L. Schwartz

Fund Manager Tenure: 2.3 years [Similar Funds: KNLCX KNLIX ]
Fundmojo Fund Grade: A (Score: 0.79) (What does this score mean?)

Jason L. Schwartz serves as a portfolio manager on the Fixed Income team, responsible for providing the taxable fixed income portfolios with analytics support and trade strategy, and also serves as an analyst for the Commercial Mortgage-Backed Securities (CMBS) market. Jason L. Schwartz joined FTAM in 2004 and has 4 years of investment experience. Jason is currently a member of the Cincinnati Society of Financial Analysts. Jason L. Schwartz holds the Chartered Financial Analyst designation. Get more insights on Jason L. Schwartz

What we like about Fifth Third Short Term Bond Instl Fund (KNLMX)

Data for Fifth Third Short Term Bond Instl Fund (KNLMX) as of February 28, 2010

Fifth Third Short Term Bond Instl Fund (KNLMX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
Fifth Third Short Term Bond Instl Fund (KNLMX) has good short-term performance (1-year return 9.81% vs 6.46 % Ultrashort Bond category average)
Fifth Third Short Term Bond Instl Fund (KNLMX) has good mid-term performance (3-year return 4.48% vs 1.62 % Ultrashort Bond category average)
Fifth Third Short Term Bond Instl Fund (KNLMX) has good Long-term performance (5-year return 4.07% vs 2.37 % Ultrashort Bond category average)
Fifth Third Short Term Bond Instl Fund (KNLMX) ratio of up-years vs down years is greater than 2
Fifth Third Short Term Bond Instl Fund (KNLMX) has a Morningstar rating of 4 and above
Fifth Third Short Term Bond Instl Fund (KNLMX) has an annual stock turnover rate of 63.00% vs Ultrashort Bond average of 101.58%. It is good that Fifth Third Short Term Bond Instl management does not trade extensively for its return.
Fifth Third Short Term Bond Instl Fund (KNLMX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.69, lower than category average of 2.92
Fifth Third Short Term Bond Instl Fund (KNLMX) has a lower management fee than its Ultrashort Bond average: 0.64% vs 0.74%
Fifth Third Short Term Bond Instl Fund (KNLMX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

What we are cautious about Fifth Third Short Term Bond Instl Fund (KNLMX)

Data for Fifth Third Short Term Bond Instl Fund (KNLMX) as of February 28, 2010

Fifth Third Short Term Bond Instl Fund (KNLMX) management has been with Fifth Third Short Term Bond Instl Fund for only 2.3 years, it is hard to judge manager's ability based on this fund's operation record

See Fifth Third Short Term Bond Instl Fund (KNLMX) performance details as of February 28, 2010

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Fifth Third Short Term Bond Instl Fund (KNLMX) Net Asset

Track net asset change of Fifth Third Short Term Bond Instl fund (KNLMX)

Date	Net Asset
02/2010	$263.11M
01/2010	$239.21M
11/2009	$232.04M

More historic net asset information on Fifth Third Short Term Bond Instl Fund (KNLMX)

Fifth Third Short Term Bond Instl Fund (KNLMX) Portfolio Allocation

Track portfolio allocation change of Fifth Third Short Term Bond Instl fund (KNLMX)

Date	Cash	Stock	Bond	Other
01/2010	9.21%	0%	90.78%	0%
10/2009	4.76%	0%	95.24%	0%
09/2009	9.52%	0%	90.47%	0%

Click here to see more historic asset allocation information on Fifth Third Short Term Bond Instl Fund (KNLMX)

Most Recent Top 10 Holdings in Fifth Third Short Term Bond Instl Fund (KNLMX)

Discover what Fifth Third Short Term Bond Instl Fund (KNLMX) manager is buying

31-Jan-10

Federal Farm Cr Bks Global 1.875% [2.47%]
United States Treas Nts 1.5% [2.34%]
Fifth Third Institutional MMkt Instl [2.24%]
Federal Hm Ln Bks [2.01%]
FHLBA 2.625% [1.98%]
FNMA [1.95%]
Harborview Mtg Ln Tr 2004-5 CMO [1.87%]
Federal Hm Ln Banks 1.75% [1.65%]
Abbott Labs 5.6% [1.63%]
FHLMC 2.125% [1.57%]

31-Oct-09

United States Treas Nts 1.5% [2.53%]
Federal Hm Ln Bks [2.2%]
FNMA [2.12%]
Harborview Mtg Ln Tr 2004-5 CMO [1.99%]
FFCB [1.72%]
FHLMC 2.125% [1.7%]
Federal Hm Ln Banks 2% [1.7%]
FHLBA 1.625% [1.7%]
FNMA 1.375% [1.69%]
Federal Hm Ln Banks 1.75% [1.69%]

30-Sep-09

Fifth Third Institutional MMkt Instl [4.62%]
US Treasury Bond (Fut) [2.98%]
United States Treas Nts 1.5% [2.37%]
Federal Hm Ln Bks [2.06%]
FNMA [1.99%]
Harborview Mtg Ln Tr 2004-5 CMO [1.73%]
FFCB [1.64%]
FHLBA 3.25% [1.63%]
FFCB [1.61%]
FHLMC 2.875% [1.61%]

Click here for Stock Holding Change Map in Fifth Third Short Term Bond Instl Fund (KNLMX)

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Data is provided for informational purposes only, and is not intended for trading purposes. Although data are gathered from sources believed to be reliable, Fund Mojo and its content providers cannot guarantee completeness and accuracy. Performance data quoted represents past performance. Fund Mojo and its content providers accept no liability for reliance on this data.