Regan Capital Announces Fee Reduction for Regan Total Return Income Fund (RCIRX)

DALLAS--(BUSINESS WIRE)-- Regan Capital, an investment firm managing over $2.2 billion in assets, today announced a fee reduction for its Regan Total Return Income Fund (RCIRX), an open-ended mutual fund that invests across the fixed-income market.

Effective on January 31, 2025, RCIRX’s Management Fee drops to 0.85% from 0.89%. The fund’s Expense Cap drops to 0.99% from 1.20%.

“This fee reduction makes RCIRX more accessible to investors looking for exposure to the unique opportunity set in the mortgage bond market,” said Skyler Weinand, chief investment officer and managing member of Regan Capital and portfolio manager of RCIRX. “In late 2024, RCIRX surpassed $1 billion in assets, and we expect inflows to remain strong as investors continue to look for yield within this corner of the fixed-income market.”

By focusing on high-quality, discounted mortgage bonds and active trading, RCIRX seeks to outperform traditional total return strategies with less credit risk and less sensitivity to interest rate changes.

As of December 31, 2024, RCIRX generated a total return of 31.17% since its October 1, 2020, inception. During this same period, the Bloomberg U.S. Aggregate Bond TR Index¹ declined by 7.87%.

As of January 29, 2025, RCIRX held $1.13 billion in assets.

For more information, please visit: https://www.regancapital.com/mutual-funds/total-return-income-fund-rcirx/

About Regan Capital

Founded in 2011, Regan Capital, LLC is an SEC Registered Investment Adviser. The firm’s target investor base includes endowments and foundations, banks and insurance companies, corporate and public pension plans, family offices, high net worth individuals and Registered Investment Advisors. The firm is based in Dallas, Texas.

Regan Capital was founded by Skyler Weinand, who serves as chief investment officer and managing member. Previously, Weinand was head of residential and consumer asset-backed (ABS) securities trading at Cantor Fitzgerald from July 2007 to March 2011. Prior to that, Weinand was responsible for trading a $2+ billion mortgage-backed securities (MBS) portfolio at Sit Investment Associates from July 2005 to June 2007. From 2001 to 2005, Weinand was employed with GMAC-RFC, where he was responsible for portfolio valuation on a $1 billion MBS subordinate book, structuring CDOs, and structuring the first re-performing securitizations to come to market.

Disclosures:

1.) The Bloomberg US Aggregate Bond Index (the “Agg”) is a broad-based flagship benchmark that measures the investment grade, US dollar denominated, fixed rate taxable bond market. The index includes Treasuries, government related and corporate securities, fixed rate agency MBS, ABS and CMBS (agency and non-agency).

As of 12/31/2024, the 1-year standardized performance of RCIRX was 6.98%. As of 12/31/2024, the Since Inception (10/1/2020) cumulative standardized performance of RCIRX was 31.17%. The gross expense ratio is 1.28%.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company and may be obtained by calling 1 -888-44-REGAN. Read carefully before investing. For additional information on the Advisor please call 1 -214-550-1710 or email ir@regancapital.com.

Mutual fund investing involves risk. Principal loss is possible. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of, including credit risk, prepayment risk, possible illiquidity, and default, as well as increased susceptibility to adverse economic developments. Investments in debt securities typically decrease when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss of principal and interest than higher-rated securities do. For more information on these risks and other risks of the fund, please see the Prospectus.

The Regan Total Return Income Fund (RCTRX & RCIRX) is distributed by Quasar Distributors, LLC.

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Media Contact:

Scott Gamm

Strategy Voice Associates

scott@strategyvoiceassociates.com

Source: Regan Capital, LLC