CROVX

About CROVX

Catholic Responsible Investments Opportunistic Bond Fund Investor is an actively managed open-end mutual fund focused on generating current income with relatively low correlation to equities. According to its summary prospectus, the fund seeks income while serving as a diversifier to stock allocations, reflecting an opportunistic approach across short- to intermediate-term fixed income sectors. Portfolio positioning has emphasized sector allocation—particularly overweight exposure to securitized credit and an underweight to Treasuries—while maintaining effective duration modestly above its benchmark, the Bloomberg 1–5 Year Government/Credit Index. The strategy applies Catholic responsible investing guidelines, aligning security selection and engagement with faith-based criteria overseen by Christian Brothers Investment Services. Risk management centers on macro top‑down views combined with bottom‑up security selection, with limited high-yield exposure (reported under roughly 1.5% at year-end in recent materials). The fund assesses a short-term redemption fee for shares held less than 30 days, reflecting an emphasis on long‑term capital stewardship within a conservative, income‑oriented bond mandate.