Ascendant Tactical Yield I
Name
As of 09/29/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.4%
1 yr return
-8.4%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
1.3%
Net Assets
$2.88 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 145.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/29/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ATYIX - Profile
Distributions
- YTD Total Return -8.4%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.99%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAscendant Tactical Yield Fund
-
Fund Family NameAscendant
-
Inception DateMay 08, 2015
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Lee
Fund Description
ATYIX - Performance
Return Ranking - Trailing
Period | ATYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.4% | -38.1% | 298.5% | 88.67% |
1 Yr | -8.4% | -31.7% | 19.5% | 96.63% |
3 Yr | -1.2%* | -13.1% | 8.6% | 94.35% |
5 Yr | 1.3%* | -15.2% | 10.9% | 92.37% |
10 Yr | N/A* | -1.2% | 11.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | ATYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -35.1% | 15.3% | 55.45% |
2022 | -7.1% | -48.0% | 3.1% | 79.40% |
2021 | 4.8% | -14.8% | 11.2% | 8.66% |
2020 | 3.1% | -11.2% | 10.7% | 46.65% |
2019 | N/A | -51.1% | 4.8% | N/A |
Total Return Ranking - Trailing
Period | ATYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.4% | -38.1% | 298.5% | 88.67% |
1 Yr | -8.4% | -34.1% | 19.5% | 95.50% |
3 Yr | -1.2%* | -14.8% | 8.6% | 93.25% |
5 Yr | 1.3%* | -16.2% | 10.9% | 91.16% |
10 Yr | N/A* | -1.2% | 11.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ATYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -35.1% | 15.3% | 58.22% |
2022 | -7.1% | -48.0% | 8.0% | 84.92% |
2021 | 9.6% | -14.8% | 15.2% | 3.79% |
2020 | 4.7% | -11.2% | 17.7% | 41.30% |
2019 | N/A | -51.1% | 5.4% | N/A |
NAV & Total Return History
ATYIX - Holdings
Concentration Analysis
ATYIX | Category Low | Category High | ATYIX % Rank | |
---|---|---|---|---|
Net Assets | 2.88 M | 2.75 M | 126 B | 99.86% |
Number of Holdings | 6 | 3 | 7722 | 98.05% |
Net Assets in Top 10 | 12.2 M | -3.43 B | 29.7 B | 74.69% |
Weighting of Top 10 | N/A | 4.9% | 100.0% | 27.78% |
Top 10 Holdings
- AlphaCentric Income Opportunities I 42.18%
- JPMorgan US Government MMkt Instl 36.63%
- iShares Core US Aggregate Bond ETF 12.79%
- iShares iBoxx $ High Yield Corp Bd ETF 6.29%
- SPDR® Blmbg Barclays Convert Secs ETF 2.28%
Asset Allocation
Weighting | Return Low | Return High | ATYIX % Rank | |
---|---|---|---|---|
Bonds | 57.73% | -282.54% | 258.37% | 90.72% |
Cash | 39.38% | -164.01% | 382.54% | 7.09% |
Convertible Bonds | 1.88% | -0.08% | 141.94% | 41.45% |
Stocks | 0.65% | -71.93% | 165.69% | 23.96% |
Preferred Stocks | 0.35% | 0.00% | 27.59% | 29.90% |
Other | 0.02% | -14.86% | 43.46% | 33.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ATYIX % Rank | |
---|---|---|---|---|
Real Estate | 81.88% | 0.00% | 100.00% | 4.72% |
Utilities | 14.08% | 0.00% | 100.00% | 13.44% |
Industrials | 2.22% | 0.00% | 100.00% | 42.92% |
Basic Materials | 1.11% | 0.00% | 65.40% | 39.62% |
Healthcare | 0.71% | 0.00% | 100.00% | 45.75% |
Technology | 0.00% | 0.00% | 100.00% | 88.68% |
Financial Services | 0.00% | 0.00% | 100.00% | 93.40% |
Energy | 0.00% | 0.00% | 100.00% | 95.28% |
Communication Services | 0.00% | 0.00% | 100.00% | 92.92% |
Consumer Defense | 0.00% | 0.00% | 96.39% | 87.50% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 91.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ATYIX % Rank | |
---|---|---|---|---|
US | 0.65% | -67.71% | 165.69% | 20.86% |
Non US | 0.00% | -4.22% | 10.15% | 87.07% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ATYIX % Rank | |
---|---|---|---|---|
Securitized | 42.11% | 0.00% | 99.22% | 20.17% |
Cash & Equivalents | 40.60% | 0.02% | 100.00% | 6.54% |
Corporate | 11.82% | 0.00% | 99.09% | 78.30% |
Government | 5.38% | 0.00% | 99.16% | 66.20% |
Municipal | 0.09% | 0.00% | 36.37% | 34.63% |
Derivative | 0.00% | 0.00% | 68.05% | 93.32% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ATYIX % Rank | |
---|---|---|---|---|
US | 56.02% | -458.01% | 241.12% | 67.87% |
Non US | 1.71% | -16.32% | 219.61% | 90.26% |
ATYIX - Expenses
Operational Fees
ATYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.80% | 0.01% | 24.26% | 24.75% |
Management Fee | 1.20% | 0.00% | 2.25% | 90.32% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 15.27% |
Administrative Fee | N/A | 0.01% | 0.70% | 36.73% |
Sales Fees
ATYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 6.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
ATYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ATYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 145.00% | 0.00% | 493.00% | 78.15% |
ATYIX - Distributions
Dividend Yield Analysis
ATYIX | Category Low | Category High | ATYIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.29% | 0.00% | 6.35% | 85.23% |
Dividend Distribution Analysis
ATYIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
ATYIX | Category Low | Category High | ATYIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.99% | -1.55% | 18.14% | 71.10% |
Capital Gain Distribution Analysis
ATYIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 17, 2018 | $0.360 | |
Dec 18, 2017 | $0.245 | |
Dec 13, 2016 | $0.153 |
ATYIX - Fund Manager Analysis
Managers
James Lee
Start Date
Tenure
Tenure Rank
Jul 01, 2019
1.17
1.2%
James H. Lee has served as the President of Ascendant Advisors Group, LLC since 2009 and serves on the Investment Committee since its inception. He is a Member, Investment Committee Member, Founder and Former President of Momentum Securities, LLC (1999-2003); and was E&Y Entrepreneur of the Year 2001. Former Chairman of the Board of Trustees, Teachers Retirement System of Texas from 2006 to 2009 and Former Trustee, Texas Growth Fund (2008-2009) and worked in The First Boston Corporation M&A Group in the early 1990s. Mr. Lee attended the University of Texas at Austin (MBA), University of Texas at Austin (BBA, Finance), and London Business School (Executive Hedge Fund Program).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 29.32 | 5.45 | 1.45 |