Address And Details

250 Oak Grove Ave, , Menlo Park, CA 94025
Fund Manager Howard Smith
Manager Tenure 15 Years

Strategy And Objective

The Fund s investment objective is total return. The Fund seeks to achieve its investment objective by investing primarily in a combination of long and short positions in equity and fixed income securities (which includes common stocks, bonds, floating rate loans, municipal securities, preferred stocks, shares of open-end and closed-end investment companies and exchange-traded funds ( ETFs ), futures contracts, options on futures contracts and U.S. Treasury instruments. The open-end and closed-end investment companies includes those that invest in equity and fixed income securities (including high yield bonds, also known as junk bonds). The ETFs and other investment companies are referred to as Underlying Funds in this prospectus. The Fund may borrow amounts of up to 33 1/3% of its total assets, less liabilities other than such borrowings, to take advantage of leverage opportunities by buying additional securities when the Fund s adviser deems it advisable and to increase liquidity to meet redemption requests.

Net Asset Value

as of 6:34 PM ET 10/21/2021

Performance

  • 1 Week
  • 0.00%
  • 1 Month
  • -0.35%
  • 3 Months
  • +0.62%
  • 1 Yr Return
  • +2.62%
  • 5 Yr Return
  • +10.60%

Equity Sector Breakdown

Finance 118.22%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 118.22%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Stocks -18.22%
Total Net Assets 87.43 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 4.81 2.56 2.72
Beta 0.13 0.12 0.12
R Squared 0.45 0.36 0.25
Std Deviation 3.58 3.17 3.21
Sharpe Ratio 1.93 1.45 n/a

Purchase Information

as of 7:37 PM ET 10/20/2021
Minimum Initial $2500
Minimum Additional $100
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +10.05%
  • +10.05%
+10.05% +10.05%
3 Year
  • +7.93%
  • +7.93%
+7.93% +7.93%
10 Year
  • +5.00%
  • +5.00%
+5.00% +5.00%
Life Of Fund
  • +3.62%
  • +3.62%
+3.62% +3.62%

Top 10 Holdings

Symbol Company Name % Of Assets
SHMDX STONE HARBOR EMERG MKT DEBT I 8.49%
LFRAX ~LORD ABBETT FLOATING RATE FD 21.50%
IOFAX ALPHACENTRIC INCOME OPPORTNIT 17.37%
MMHDX MAINSTAYS HIGH YIELD MUNI BD 14.83%
AHITX AMERICAN HIGH INCOME TRUST 13.85%
AGDBX ALLIANCEBERNSTEIN HIGH INC FD 10.85%
PHIYX PIMCO HIGH YIELD FUND 10.16%
PPSAX PRINCIPAL PREFERRED SEC FD 10.01%
NHMRX NUVEEN HIGH YIELD MUNI BOND F 0.08%

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