Highbridge Dync Cmdts Strat R5
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-20.4%
3 Yr Avg Return
-14.2%
5 Yr Avg Return
N/A
Net Assets
$91.2 M
Holdings in Top 10
20.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 63.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HDCRX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -14.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.08%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameHighbridge Dynamic Commodities Strategy Fund
-
Fund Family NameJPMorgan
-
Inception DateNov 30, 2010
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSassan Alizadeh
Fund Description
HDCRX - Performance
Return Ranking - Trailing
Period | HDCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | -20.4% | -64.8% | 268.1% | N/A |
3 Yr | -14.2%* | -100.0% | 115.6% | N/A |
5 Yr | N/A* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | HDCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 73.0% | N/A |
2022 | N/A | -76.0% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | HDCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | -20.4% | -64.8% | 268.1% | N/A |
3 Yr | -14.2%* | -100.0% | 115.6% | N/A |
5 Yr | N/A* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HDCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 76.6% | N/A |
2022 | N/A | -30.7% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
HDCRX - Holdings
Concentration Analysis
HDCRX | Category Low | Category High | HDCRX % Rank | |
---|---|---|---|---|
Net Assets | 91.2 M | 10 | 804 B | N/A |
Number of Holdings | 15 | 1 | 17333 | N/A |
Net Assets in Top 10 | 51.9 M | -7.11 B | 145 B | N/A |
Weighting of Top 10 | 20.51% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Highbridge Dynamic Commodities Strategy 20.51%
Asset Allocation
Weighting | Return Low | Return High | HDCRX % Rank | |
---|---|---|---|---|
Cash | 79.49% | -2458.20% | 7388.76% | N/A |
Other | 20.51% | -7288.76% | 493.15% | N/A |
Stocks | 0.00% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -21.20% | 80.89% | N/A |
Convertible Bonds | 0.00% | -0.37% | 144.58% | N/A |
Bonds | 0.00% | -955.59% | 2458.15% | N/A |
HDCRX - Expenses
Operational Fees
HDCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.52% | -2.86% | 950.64% | N/A |
Management Fee | 1.00% | 0.00% | 2.87% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 52000.00% | N/A |
Sales Fees
HDCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 25.00% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
HDCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.00% | 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.
HDCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 63.00% | 0.00% | 5067.00% | N/A |
HDCRX - Distributions
Dividend Yield Analysis
HDCRX | Category Low | Category High | HDCRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 84.51% | N/A |
Dividend Distribution Analysis
HDCRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
HDCRX | Category Low | Category High | HDCRX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.08% | -46.00% | 10.88% | N/A |
Capital Gain Distribution Analysis
HDCRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
HDCRX - Fund Manager Analysis
Managers
Sassan Alizadeh
Start Date
Tenure
Tenure Rank
Jan 13, 2010
4.05
4.1%
Sassan Alizadeh, Ph.D. Dr. Alizadeh is a Managing Director of HCM and Senior Portfolio Manager for the Global Macro Group. He is responsible for leadership of the Group as well as overseeing the Group’s research agenda and portfolio management duties. In addition to his position at HCM, Dr. Alizadeh is a principal of Highview Global Capital Management, LLC, a commodity trading advisor owned in part by Glenn Dubin, a principal of HCM. Dr. Alizadeh has over 18 years experience in systematic and quantitative trading. He began his career as the first Manager of Research at Quantitative Financial Strategies where he helped to develop and implement proprietary trading strategies. For six years starting in 1994, he was a proprietary trader at Bear Stearns where he traded several different systematic and quantitative strategies. He later joined Parametric Capital Management as head of Futures Trading where he implemented and traded a currency and commodity global macro model before joining HCM in April 2003. Dr. Alizadeh has a B.S. and M.S. in electrical engineering from Tufts University, an M.B.A. from The Wharton School of the University of Pennsylvania and a Ph.D. in economics from the University of Pennsylvania. He currently is an Adjunct Professor of Finance in the Masters of Financial Engineering program at Polytechnic Institute of New York University. Additionally, Dr. Alizadeh has performed academic research in various areas of finance and co-authored and published, as lead paper in the Journal of Finance, an article in the area of stochastic volatility estimation and its ramifications in the foreign currency markets. This work also was awarded first prize at the Wharton School’s Rodney L. White Center for Financial Research for “Outstanding Working Paper in Investment Research for 2001â€.
Mark Nodelman
Start Date
Tenure
Tenure Rank
Jan 13, 2010
4.05
4.1%
Mark Nodelman, CFA. Mr. Nodelman is a Managing Director of HCM and a Portfolio Manager for the Global Macro Group. He is responsible for portfolio management duties and commodities and global macro research. He joined HCM in May 2008 from Goldman Sachs, where he spent nine years as a researcher and a Portfolio Manager in the Quantitative Investment Strategies Group. At Goldman Sachs, Mr. Nodelman co-managed the team’s commodities effort, developing relative value, timing and event driven systematic strategies to trade commodities futures, swaps and options. Mr. Nodelman also launched and managed several quantitative commodities vehicles, including Goldman Sachs Commodities Funds and Goldman Sachs Quantitative Commodities Master Fund. Additionally, Mr. Nodelman was responsible for deploying these strategies and other global macro quantitative strategies within several of the firm’s global macro hedge funds, including Global Alpha (over $10 billion in assets under management). Mr. Nodelman holds a B.S. in Economics from The Wharton School of the University of Pennsylvania and an M.B.A. from New York University.
Christopher M. Tufts
Start Date
Tenure
Tenure Rank
Jan 13, 2010
4.05
4.1%
Christopher M. Tufts. Mr. Tufts is a Vice President of JPMIM and is responsible for the fixed income investments portion of the Fund. He has been a portfolio manager with JPMIM since 2003 and an employee of the firm since 1997. Mr. Tufts holds a B.A. in Economics and French from the College of the Holy Cross.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 33.52 | 5.37 | 3.25 |