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ABRUX AmericaFirst Tactical Alpha U

  • Fund
  • ABRUX
  • Price as of: Sep 20, 2019
  • $12.62 - $0.04 - 0.32%

ABRUX - Profile

Vitals

  • YTD Return 10.5%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $12.7 M
  • Holdings in Top 10 71.6%

52 WEEK LOW AND HIGH

$12.62
$11.08
$13.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.96%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 794.40%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.21%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AmericaFirst Tactical Alpha Fund
  • Fund Family Name AmericaFirst Funds
  • Inception Date Feb 26, 2010
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Rick Gonsalves

Fund Description

The fund seeks to achieve its investment objective through long positions in global equity markets and U.S. interest rate markets. It will invest in equity securities regardless of market capitalization and regardless of industry sector. With regard to fixed income securities, the fund invests primarily in U.S. Treasury bonds with a mid-term maturity.

ABRUX - Performance

Return Ranking - Trailing

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -21.7% 20.3% 41.29%
1 Yr -4.2% -32.9% 12.7% 51.97%
3 Yr 3.8%* -10.8% 6.8% 10.37%
5 Yr 1.7%* -14.9% 3.7% 14.68%
10 Yr N/A* -2.6% 4.5% N/A

* Annualized


Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.8% -25.7% 1.6% 22.86%
2017 4.8% -11.6% 15.8% 81.75%
2016 6.6% -11.4% 15.5% 20.61%
2015 -7.0% -29.4% -1.0% 66.96%
2014 4.3% -14.8% 68.3% 12.50%

Total Return Ranking - Trailing

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -21.7% 20.3% 42.58%
1 Yr -4.2% -32.9% 13.1% 72.37%
3 Yr 3.8%* -10.8% 7.7% 50.37%
5 Yr 1.7%* -9.0% 5.7% 51.38%
10 Yr N/A* -1.3% 6.5% N/A

* Annualized


Total Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.8% -25.7% 1.6% 47.14%
2017 4.8% -5.4% 22.8% 91.97%
2016 6.6% -6.1% 17.9% 32.82%
2015 -7.0% -23.3% 1.1% 70.43%
2014 4.3% -14.8% 76.9% 21.15%

NAV & Total Return History

ABRUX - Holdings

Concentration Analysis

ABRUX Category Low Category High ABRUX % Rank
Net Assets 12.7 M 871 K 17.6 B 88.39%
Number of Holdings 20 1 1710 62.58%
Net Assets in Top 10 9.12 M 0 12.3 B 89.68%
Weighting of Top 10 71.56% 0.0% 198.3% 50.32%

Top 10 Holdings

  1. iShares 7-10 Year Treasury Bond ETF 35.40%

  2. Moneta Ventures Fund Ii 4.57%

  3. Ingersoll-Rand PLC 3.97%

  4. Marsh & McLennan Companies Inc 3.97%

  5. Aflac Inc 3.97%

  6. Danaher Corp 3.96%

  7. AMETEK Inc 3.94%

  8. AptarGroup Inc 3.93%

  9. Comcast Corp Class A 3.93%

  10. Cerner Corp 3.92%


Asset Allocation

Weighting Return Low Return High ABRUX % Rank
Stocks
57.91% 0.00% 84.60% 32.90%
Bonds
35.48% -22.27% 79.78% 39.35%
Other
4.57% 0.00% 144.69% 25.81%
Cash
2.03% -113.86% 100.00% 85.81%
Preferred Stocks
0.00% 0.00% 24.53% 84.52%
Convertible Bonds
0.00% 0.00% 14.21% 95.48%

Stock Sector Breakdown

Weighting Return Low Return High ABRUX % Rank
Consumer Cyclical
14.50% -0.47% 16.51% 1.95%
Industrials
12.01% 0.00% 14.84% 8.44%
Technology
11.67% -0.01% 21.97% 24.68%
Financial Services
7.93% 0.00% 22.44% 49.35%
Healthcare
7.87% -1.31% 16.37% 20.13%
Communication Services
3.93% 0.00% 18.53% 2.60%
Utilities
0.00% -0.34% 14.69% 96.10%
Real Estate
0.00% -0.20% 16.67% 97.40%
Energy
0.00% -0.64% 14.74% 96.10%
Consumer Defense
0.00% 0.00% 14.18% 98.70%
Basic Materials
0.00% -0.52% 12.15% 97.40%

Stock Geographic Breakdown

Weighting Return Low Return High ABRUX % Rank
US
57.91% -6.28% 73.38% 7.74%
Non US
0.00% -0.74% 49.02% 96.77%

Bond Sector Breakdown

Weighting Return Low Return High ABRUX % Rank
Government
35.48% -60.55% 65.96% 21.29%
Cash & Equivalents
2.03% -113.86% 100.00% 85.81%
Derivative
0.00% -43.75% 8.94% 74.19%
Securitized
0.00% 0.00% 42.89% 91.61%
Corporate
0.00% 0.00% 53.88% 96.77%
Municipal
0.00% 0.00% 61.85% 86.45%

Bond Geographic Breakdown

Weighting Return Low Return High ABRUX % Rank
US
35.48% -82.26% 65.81% 30.32%
Non US
0.00% 0.00% 59.99% 95.48%

ABRUX - Expenses

Operational Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.96% 0.00% 5.31% 3.23%
Management Fee 1.00% 0.15% 1.50% 85.81%
12b-1 Fee 1.00% 0.00% 1.00% 97.12%
Administrative Fee 0.15% 0.02% 0.45% 68.48%

Sales Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 2.00% 5.75% 94.87%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.50% 2.00% 83.72%

Turnover 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.

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 794.40% 9.00% 6333.00% 97.42%

ABRUX - Distributions

Dividend Yield Analysis

ABRUX Category Low Category High ABRUX % Rank
Dividend Yield 0.00% 0.00% 4.79% 94.19%

Dividend Distribution Analysis

ABRUX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

ABRUX Category Low Category High ABRUX % Rank
Net Income Ratio -1.21% -1.21% 5.60% 100.00%

Capital Gain Distribution Analysis

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

ABRUX - Managers

Rick Gonsalves

Manager

Start Date

Tenure

Tenure Rank

Feb 26, 2010

9.52

9.5%

Rick Gonsalves is the co-founder and President of AmericaFirst Capital Management, LLC. Mr. Gonsalves co-founded AmericaFirst Capital Management, LLC in January 2007. He currently serves as President and Chief Executive Officer, positions he has held since the Advisor’s inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006.


Tenure Analysis

Category Low

0.0

Category High

17.18

Category Average

4.78

Category Mode

4.67