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Trending ETFs

Name

As of 03/25/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.59

$103 M

0.00%

$0.00

1.75%

Vitals

YTD Return

-2.6%

1 yr return

-0.8%

3 Yr Avg Return

-0.5%

5 Yr Avg Return

N/A

Net Assets

$103 M

Holdings in Top 10

44.1%

52 WEEK LOW AND HIGH

$12.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/25/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.59

$103 M

0.00%

$0.00

1.75%

LYFIX - Profile

Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return -0.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AlphaCentric LifeSci Healthcare Fund
  • Fund Family Name
    Mutual Fund Series Trust
  • Inception Date
    Nov 29, 2019
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Charest

Fund Description

The Fund seeks to achieve its investment objective by investing in the life sciences and healthcare related companies that the Fund’s investment sub-advisor, LifeSci Fund Management LLC (the “Sub-Advisor”), believes to have potential to appreciate in value. Under normal market conditions, the Fund invests at least 80% of its net assets plus borrowings for investment purposes in the securities of companies in the life sciences and healthcare sectors, which the Fund defines to be the category of companies related to producing or supplying facilities, supplies, technology, pharmaceuticals, equipment, devices or services for the preservation and care of a person’s or animal’s health. The Fund invests in equity securities, primarily common stock, of these companies and may also invest, from time to time, in exchange traded funds (“ETFs”) that primarily invest in these companies. The Fund defines life sciences and healthcare companies to include those companies that are expected to derive 50% or more of their revenue from life sciences and healthcare related products and services. These companies may include development stage companies, which are entities devoting substantially all of their efforts establishing a business for which commercial operations have not commenced or no significant revenue is being generated.

The Fund may invest up to 15% of the Fund’s net assets in private and other companies whose securities may have legal or contractual restrictions on resale or are otherwise illiquid such as initial public offerings (“IPOs”), mezzanine financing offerings and other structured transactions. The Fund may invest in securities of companies of any market capitalization and in foreign companies either directly or through American Depositary Receipts (“ADRs”).

The Fund concentrates its investments (i.e., invests more than 25% of its assets) in the biotech and pharmaceutical; health care facilities and services; and medical equipment and devices industries, collectively. Each of these industries are commonly categorized within the healthcare sector because they share similar distribution channels and regulatory constraints.

For hedging purposes or when the Sub-Advisor anticipates significant price changes due to company or market moving events, the Fund may also invest in inverse ETFs and purchase and sell call and put options on equity securities of life sciences and healthcare companies.

The Sub-Advisor begins the investment selection process by systematically screening the universe of life sciences and healthcare companies using fundamental scientific and medical literature review, and input from leading scientific and medical experts to identify highly innovative thematic areas of interest. Financial analysis, market projections and corporate diligence are then performed to select the Fund’s investments.

The Fund actively trades its portfolio investments, which may lead to higher transaction costs that may affect the Fund’s performance.

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LYFIX - Performance

Return Ranking - Trailing

Period LYFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -15.0% 17.3% 95.71%
1 Yr -0.8% -20.2% 35.0% 92.02%
3 Yr -0.5%* -30.8% 14.0% 72.44%
5 Yr N/A* -3.5% 14.3% N/A
10 Yr N/A* 0.2% 14.1% N/A

* Annualized

Return Ranking - Calendar

Period LYFIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -12.6% 19.0% 26.38%
2022 -5.1% -53.9% 3.2% 11.54%
2021 -14.7% -39.6% 24.2% 76.28%
2020 51.3% -13.6% 178.2% 5.30%
2019 N/A 3.8% 63.8% N/A

Total Return Ranking - Trailing

Period LYFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -15.0% 17.3% 95.71%
1 Yr -0.8% -20.2% 35.0% 92.02%
3 Yr -0.5%* -30.8% 14.0% 72.44%
5 Yr N/A* -3.5% 14.3% N/A
10 Yr N/A* 0.2% 14.1% N/A

* Annualized

Total Return Ranking - Calendar

Period LYFIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.2% -12.6% 19.0% 26.38%
2022 -0.8% -53.9% 3.7% 5.77%
2021 -3.3% -33.9% 26.0% 82.05%
2020 54.8% -0.7% 180.6% 3.31%
2019 N/A 4.6% 63.8% N/A

NAV & Total Return History


LYFIX - Holdings

Concentration Analysis

LYFIX Category Low Category High LYFIX % Rank
Net Assets 103 M 6.16 M 45 B 77.91%
Number of Holdings 55 23 413 75.46%
Net Assets in Top 10 46 M 2.07 M 20.4 B 74.23%
Weighting of Top 10 44.12% 18.1% 77.0% 65.64%

Top 10 Holdings

  1. FIRST AM-TR OB-X 11.31%
  2. GALAPAGOS NV-ADR 4.10%
  3. BIOCRYST PHARMACEUTICALS 3.88%
  4. PACIRA BIOSCIENC 3.80%
  5. UNITED THERAPEUT 3.80%
  6. HARMONY BIOSCIE 3.78%
  7. EMBECTA CORP 3.63%
  8. IMMUNOGEN INC 3.63%
  9. COHERUS BIOSCIEN 3.19%
  10. WALGREENS BOOTS 3.01%

Asset Allocation

Weighting Return Low Return High LYFIX % Rank
Stocks
87.68% 87.17% 106.13% 96.93%
Cash
12.32% 0.00% 32.99% 4.91%
Preferred Stocks
0.00% 0.00% 7.86% 39.88%
Other
0.00% -22.99% 17.73% 38.65%
Convertible Bonds
0.00% 0.00% 0.37% 18.35%
Bonds
0.00% 0.00% 12.39% 23.31%

Stock Sector Breakdown

Weighting Return Low Return High LYFIX % Rank
Healthcare
100.00% 59.26% 100.00% 7.59%
Utilities
0.00% 0.00% 0.00% 11.39%
Technology
0.00% 0.00% 22.69% 17.72%
Real Estate
0.00% 0.00% 5.89% 15.19%
Industrials
0.00% 0.00% 7.02% 17.09%
Financial Services
0.00% 0.00% 1.60% 35.44%
Energy
0.00% 0.00% 0.00% 11.39%
Communication Services
0.00% 0.00% 9.11% 14.56%
Consumer Defense
0.00% 0.00% 25.73% 22.78%
Consumer Cyclical
0.00% 0.00% 1.92% 17.09%
Basic Materials
0.00% 0.00% 7.16% 41.77%

Stock Geographic Breakdown

Weighting Return Low Return High LYFIX % Rank
US
87.68% 66.21% 104.41% 66.87%
Non US
0.00% 0.00% 29.78% 60.12%

LYFIX - Expenses

Operational Fees

LYFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.08% 4.28% 24.54%
Management Fee 1.25% 0.03% 1.25% 98.77%
12b-1 Fee 0.00% 0.00% 1.00% 1.28%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

LYFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LYFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

LYFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 238.00% 97.50%

LYFIX - Distributions

Dividend Yield Analysis

LYFIX Category Low Category High LYFIX % Rank
Dividend Yield 0.00% 0.00% 6.95% 13.50%

Dividend Distribution Analysis

LYFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

LYFIX Category Low Category High LYFIX % Rank
Net Income Ratio -0.96% -2.54% 1.85% 87.82%

Capital Gain Distribution Analysis

LYFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

LYFIX - Fund Manager Analysis

Managers

Mark Charest


Start Date

Tenure

Tenure Rank

Nov 29, 2019

2.5

2.5%

Dr. Charest has served as a portfolio manager of LifeSci Fund Management since 2019. In 2017, he founded Phenomic Capital LLC to provide investment advice and consulting services focused on the healthcare sector. In 2019 Phenomic Capital became an affiliated majority owner of the LifeSci Fund Management. From 2015 to 2016, Mark was SVP at Tekla Capital Management, focused on public and private healthcare technology investments. Between 2012 and 2015, he was Portfolio Manager at New Leaf Venture Partners, focused on public healthcare technology investments. From 2010 to 2012, Dr. Charest was a Kauffman Fellow at Panorama Capital where he served on the board of directors of Itero Biopharmaceuticals and was a board observer at Presidio Pharmaceuticals and PowerVision. Dr. Charest is an inventor on eight drug patents. Prior to his investment career, he held an operating role in the oncology area as a Medicinal Chemistry Lab Manager at the Novartis Institutes for BioMedical Research. Dr. Charest earned his PhD in chemistry and chemical biology from Harvard University as a National Science Foundation Graduate Research Fellow, his MS in chemistry and chemical biology from Harvard University, and his BA in chemistry, with Highest Honors, from Rutgers University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 24.72 7.84 0.25