Continue to site >
Trending ETFs

Name

As of

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

-

$12.8 M

0.00%

2.34%

Vitals

YTD Return

-5.3%

1 yr return

-5.4%

3 Yr Avg Return

-2.1%

5 Yr Avg Return

N/A

Net Assets

$12.8 M

Holdings in Top 10

72.9%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.34%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$50,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

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

-

$12.8 M

0.00%

2.34%

MILIX - Profile

Distributions

  • YTD Total Return -5.3%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Miles Capital Alternatives Advantage Fund
  • Fund Family Name
    Miles Capital
  • Inception Date
    Mar 14, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


MILIX - Performance

Return Ranking - Trailing

Period MILIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.3% -33.3% 980.1% 81.01%
1 Yr -5.4% -38.9% 842.5% 82.25%
3 Yr -2.1%* -22.6% 78.3% 74.01%
5 Yr N/A* -43.5% 24.1% N/A
10 Yr N/A* -38.4% 16.7% N/A

* Annualized

Return Ranking - Calendar

Period MILIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -50.4% 46.8% 89.56%
2022 -8.4% -31.8% 19.0% 33.29%
2021 5.1% -44.7% 46.3% 61.45%
2020 N/A -84.5% 219.0% N/A
2019 N/A -40.7% 14.6% N/A

Total Return Ranking - Trailing

Period MILIX Return Category Return Low Category Return High Rank in Category (%)
YTD -5.3% -33.3% 980.1% 81.01%
1 Yr -5.4% -38.9% 842.5% 82.38%
3 Yr -1.3%* -22.6% 78.3% 80.79%
5 Yr N/A* -43.5% 29.9% N/A
10 Yr N/A* -38.4% 17.9% N/A

* Annualized

Total Return Ranking - Calendar

Period MILIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -50.4% 46.8% 89.69%
2022 -6.3% -27.4% 19.0% 41.54%
2021 5.2% -44.7% 46.3% 80.06%
2020 N/A -84.5% 242.1% N/A
2019 N/A -36.9% 14.6% N/A

MILIX - Holdings

Concentration Analysis

MILIX Category Low Category High MILIX % Rank
Net Assets 12.8 M 100 K 110 B 90.74%
Number of Holdings 19 2 2284 80.75%
Net Assets in Top 10 9.61 M 146 K 25.2 B 87.30%
Weighting of Top 10 72.92% 11.4% 100.0% 29.40%

Top 10 Holdings

  1. Calamos Market Neutral Income I 8.85%
  2. Alger Dynamic Opportunities Z 8.46%
  3. Hancock Horizon Quant Long/Short Instl 8.08%
  4. Invenomic Institutional 7.98%
  5. BlackRock Event Driven Equity Instl 7.39%
  6. Glenmede Quant US Long/Short Equity 7.37%
  7. 361 Global Long/Short Equity I 6.77%
  8. Boston Partners Global Long/Short Instl 6.54%
  9. Western Asset Macro Opportunities I 5.84%
  10. Shelton Tactical Credit Institutional 5.65%

Asset Allocation

Weighting Return Low Return High MILIX % Rank
Stocks
34.23% -7.43% 77.67% 65.91%
Cash
33.87% -95.11% 80.85% 9.56%
Bonds
19.19% -68.77% 78.22% 91.70%
Other
7.80% -12.66% 176.09% 11.19%
Convertible Bonds
4.22% 0.00% 27.91% 11.95%
Preferred Stocks
0.69% 0.00% 45.01% 28.30%

Stock Sector Breakdown

Weighting Return Low Return High MILIX % Rank
Industrials
17.24% 0.00% 36.77% 2.14%
Technology
15.89% 0.00% 100.00% 64.89%
Consumer Cyclical
14.18% 0.00% 59.01% 8.95%
Financial Services
13.80% 0.00% 60.67% 49.67%
Healthcare
13.15% 0.00% 59.48% 67.56%
Real Estate
5.27% 0.00% 77.46% 27.90%
Communication Services
5.06% 0.00% 56.40% 84.25%
Energy
4.56% 0.00% 89.51% 20.96%
Consumer Defense
3.81% 0.00% 22.38% 83.44%
Utilities
3.60% 0.00% 35.21% 34.45%
Basic Materials
3.42% 0.00% 100.00% 32.04%

Stock Geographic Breakdown

Weighting Return Low Return High MILIX % Rank
US
24.88% -7.43% 77.52% 70.19%
Non US
9.35% -2.31% 19.39% 19.12%

Bond Sector Breakdown

Weighting Return Low Return High MILIX % Rank
Cash & Equivalents
55.03% -3.87% 100.00% 7.80%
Corporate
19.30% 0.00% 100.00% 75.85%
Derivative
10.62% 0.00% 59.63% 6.29%
Government
9.77% 0.00% 95.54% 73.71%
Municipal
4.69% 0.00% 100.00% 7.67%
Securitized
0.58% 0.00% 87.39% 71.57%

Bond Geographic Breakdown

Weighting Return Low Return High MILIX % Rank
US
16.35% -68.77% 85.79% 92.70%
Non US
2.84% -36.53% 25.83% 54.59%

MILIX - Expenses

Operational Fees

MILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.34% 0.01% 7.27% 10.05%
Management Fee 1.00% 0.00% 2.00% 87.17%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% 40.19%

Sales Fees

MILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

MILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 574.00% 18.76%

MILIX - Distributions

Dividend Yield Analysis

MILIX Category Low Category High MILIX % Rank
Dividend Yield 0.00% 0.00% 9.94% 28.81%

Dividend Distribution Analysis

MILIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

MILIX Category Low Category High MILIX % Rank
Net Income Ratio 0.85% -5.24% 6.49% 80.59%

Capital Gain Distribution Analysis

MILIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MILIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.69 7.08 0.67