Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 09/17/2021

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

Variant Alternative Income Fund

UNIQX | Fund

$28.10

-

5.68%

$1.60

2.48%

Vitals

YTD Return

6.3%

1 yr return

12.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$N/A

Holdings in Top 10

46.5%

52 WEEK LOW AND HIGH

$28.1
$26.24
$28.10

Expenses

OPERATING FEES

Expense Ratio 2.48%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 52.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$25,000

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 09/17/2021

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

Variant Alternative Income Fund

UNIQX | Fund

$28.10

-

5.68%

$1.60

2.48%

UNIQX - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.96%
DIVIDENDS
  • Dividend Yield 5.7%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Variant Alternative Income Fund
  • Fund Family Name
    Variant
  • Inception Date
    Oct 31, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

UNIQX - Performance

Return Ranking - Trailing

Period UNIQX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -73.0% 19.4% 55.91%
1 Yr 12.0% -9.1% 86.9% 68.00%
3 Yr N/A* -9.5% 16.2% N/A
5 Yr N/A* -4.9% 14.4% N/A
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Return Ranking - Calendar

Period UNIQX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.3% -22.7% 305.1% 64.07%
2022 5.5% -9.8% 27.3% 41.13%
2021 N/A -20.8% 10.9% N/A
2020 N/A -12.4% 29.4% N/A
2019 N/A -10.5% 15.8% N/A

Total Return Ranking - Trailing

Period UNIQX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -73.0% 19.4% 55.91%
1 Yr 12.0% -13.4% 86.9% 61.45%
3 Yr N/A* -9.5% 16.2% N/A
5 Yr N/A* -5.3% 14.4% N/A
10 Yr N/A* -0.9% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period UNIQX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.3% -22.7% 305.1% 64.07%
2022 5.5% -9.8% 27.3% 41.53%
2021 N/A -20.8% 10.9% N/A
2020 N/A -8.4% 29.4% N/A
2019 N/A -10.2% 18.0% N/A

NAV & Total Return History

UNIQX - Holdings

Concentration Analysis

UNIQX Category Low Category High UNIQX % Rank
Net Assets N/A 1.5 M 5.01 B N/A
Number of Holdings 127 4 4478 66.78%
Net Assets in Top 10 450 M -398 M 2.55 B 16.61%
Weighting of Top 10 46.48% 13.1% 100.0% 50.00%

Top 10 Holdings

  1. Federated Hermes Treasury Obl IS 9.49%
  2. Kerberos Credit Facility 8.76%
  3. Kerberos Credit Facility 8.76%
  4. Kerberos Credit Facility 8.76%
  5. Kerberos Credit Facility 8.76%
  6. Kerberos Credit Facility 8.76%
  7. Kerberos Credit Facility 8.76%
  8. Kerberos Credit Facility 8.76%
  9. Kerberos Credit Facility 8.76%
  10. Combined Warehouse Credit Facility 7.83%

Asset Allocation

Weighting Return Low Return High UNIQX % Rank
Other 		90.39% -21.53% 148.54% 2.83%
Cash 		9.34% -6278.21% 410.43% 65.72%
Bonds 		0.15% -326.45% 6347.80% 87.28%
Stocks 		0.12% -3.75% 97.95% 95.05%
Preferred Stocks 		0.00% -0.12% 46.97% 49.82%
Convertible Bonds 		0.00% 0.00% 87.92% 64.66%

Stock Sector Breakdown

Weighting Return Low Return High UNIQX % Rank
Energy 		100.00% 0.00% 100.00% 0.79%
Utilities 		0.00% 0.00% 9.23% 98.43%
Technology 		0.00% 0.00% 39.58% 99.21%
Real Estate 		0.00% 0.00% 51.26% 97.64%
Industrials 		0.00% 0.00% 21.45% 99.61%
Healthcare 		0.00% 0.00% 45.63% 99.61%
Financial Services 		0.00% 0.00% 59.28% 100.00%
Communication Services 		0.00% 0.00% 21.78% 99.21%
Consumer Defense 		0.00% 0.00% 13.62% 98.03%
Consumer Cyclical 		0.00% 0.00% 29.09% 99.61%
Basic Materials 		0.00% 0.00% 27.46% 96.85%

Stock Geographic Breakdown

Weighting Return Low Return High UNIQX % Rank
Non US 		0.11% -19.62% 42.11% 83.04%
US 		0.01% -8.85% 91.88% 90.46%

Bond Sector Breakdown

Weighting Return Low Return High UNIQX % Rank
Cash & Equivalents 		98.49% 0.27% 100.00% 7.07%
Corporate 		1.51% 0.00% 87.73% 59.36%
Derivative 		0.00% 0.00% 88.81% 77.74%
Securitized 		0.00% 0.00% 56.83% 58.66%
Municipal 		0.00% 0.00% 27.33% 33.22%
Government 		0.00% 0.00% 84.29% 89.05%

Bond Geographic Breakdown

Weighting Return Low Return High UNIQX % Rank
US 		0.15% -126.19% 6311.18% 85.16%
Non US 		0.00% -382.37% 121.02% 74.56%

UNIQX - Expenses

Operational Fees

UNIQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.48% 0.29% 31.15% 55.04%
Management Fee 0.95% 0.00% 2.50% 42.76%
12b-1 Fee 0.25% 0.00% 1.00% 27.70%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

UNIQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

UNIQX 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.

UNIQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 0.00% 491.00% 14.52%

UNIQX - Distributions

Dividend Yield Analysis

UNIQX Category Low Category High UNIQX % Rank
Dividend Yield 5.68% 0.00% 4.56% 17.67%

Dividend Distribution Analysis

UNIQX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

UNIQX Category Low Category High UNIQX % Rank
Net Income Ratio 5.96% -2.51% 6.83% 2.16%

Capital Gain Distribution Analysis

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

Distributions History

View More +

UNIQX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.37 4.48 1.67

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.