ASARX Asset Management Fund Ultra Short Mortgage Fund

This is an open ended mutual fund. The investment seeks to achieve as high a level of current income as is consistent with the preservation of capital, the maintenance of liquidity and the differing average maturity of investments held by the fund. Under normal market conditions, the fund will invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in mortgage investments and mortgage-related instruments. Under normal market and interest rate conditions, it seeks to maintain a minimum duration of a 1-Year U.S. Treasury Note and a maximum duration of a 2-Year U.S. Treasury Note.

As of 08/04/2021

Mutual Fund Information
Sponsor:     Asset Management Funds
Category1:  US Fixed Income
Category2:  Corporate bonds
Category3:  Investment grade
Morningstar category:  Ultrashort Bond
Investment style: Actively managed
Leverage factor:  1.00
Inception date:     09/18/1991
Market cap:     $0
Current yield:     1.06%
Fees:     1.6100%
All SEC Filings:  SEC Edgar Online
Summary Prospectus:  497
Semi-Annual filings:  N-CSR
Quarterly holdings:  NPORT
CUSIP:  045419108
ISIN:    US0454191083
Investment style: Actively managed

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