Ladder Select Bond Fund Receives ‘4 Stars’ From Morningstar Upon 3 Year Anniversary
Ladder Capital Corp Class A (LADR)
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Source: Business Wire
The Ladder Select Bond Fund (Institutional Class: LSBIX) Receives '4 Stars' Overall from Morningstar®, out of 491 Funds, respectively, in the US Fund Short-Term Bond Category, based on 3-years of historical risk-adjusted returns as of 10/31/2019.1 NEW YORK--(BUSINESS WIRE)--On 10/18/2016, Ladder Capital Asset Management LLC (“LCAM”) launched the Ladder Select Bond Fund (“Fund”), and after the ?rst three years, it has generated risk-adjusted returns in the top quartile within the Morningstar Short-Term Bond Category.“We are honored to receive the ‘4 Star’ Morningstar rating for the three-year period,” says Brian Harris, CEO of Ladder Capital Corp (NYSE: LADR). “This recognition highlights our team’s knowledge of commercial real estate and our ability to deliver high quality, risk adjusted returns via a ‘40 Act vehicle.”“The Fund o?ers a uniquely positioned no-load mutual fund with a senior secured CRE investment strategy. Our portfolios are designed to deliver income with a consiste
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