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ACGAX Salient Adaptive Balanced Instl

  • Fund
  • ACGAX
  • Price as of: N/A
  • N/A N/A N/A
  • Category
  • Global Allocation
  • Fund Company
  • N/A

ACGAX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return 1.9%
  • Net Assets $20.8 M
  • Holdings in Top 10 85.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.59%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jun 14, 2018

STANDARD (TAXABLE)

$100,000

IRA

$100,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Salient Adaptive Balanced Fund
  • Fund Family Name N/A
  • Inception Date Dec 27, 2000
  • Shares Outstanding 296080
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund is a risk-targeted portfolio that invests in other funds that are a part of Forward Funds and Salient MF Trust (the "underlying funds"), exchange-traded funds, exchange-traded notes, futures and other derivatives in order to gain exposure to global equity markets, global interest rate markets, global credit markets, and global commodity markets. Risk-targeted means a portfolio management process by which the Advisor seeks to maintain a consistent, chosen level of risk as measured by the annualized standard deviation of returns.

ACGAX - Performance

Return Ranking - Trailing

Period ACGAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -7.1% 13.4% N/A
1 Yr 6.4% -28.5% 6.6% N/A
3 Yr 1.4%* -4.5% 49.1% N/A
5 Yr 1.9%* -8.7% 20.9% N/A
10 Yr 2.3%* 0.0% 14.1% N/A

* Annualized


Return Ranking - Calendar

Period ACGAX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -32.0% 3.8% N/A
2017 N/A -5.0% 26.2% N/A
2016 N/A -9.5% 210.7% N/A
2015 N/A -21.2% -0.3% N/A
2014 N/A -21.3% 16.3% N/A

Total Return Ranking - Trailing

Period ACGAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -7.1% 13.4% N/A
1 Yr 6.4% -28.5% 7.5% N/A
3 Yr 1.4%* -4.5% 56.2% N/A
5 Yr 1.9%* -8.7% 30.8% N/A
10 Yr 2.3%* 0.0% 18.7% N/A

* Annualized


Total Return Ranking - Calendar

Period ACGAX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -32.0% 3.8% N/A
2017 N/A -3.7% 29.6% N/A
2016 N/A -9.5% 233.7% N/A
2015 N/A -20.2% 6.6% N/A
2014 N/A -21.3% 17.1% N/A

NAV & Total Return History

ACGAX - Holdings

Concentration Analysis

ACGAX Category Low Category High ACGAX % Rank
Net Assets 20.8 M 8.8 M 104 B N/A
Number of Holdings 12 2 3633 N/A
Net Assets in Top 10 20.1 M -75.8 M 17.8 B N/A
Weighting of Top 10 85.56% 0.0% 895.1% N/A

Top 10 Holdings

  1. Salient Adaptive Growth I 22.65%

  2. Salient Adaptive US Equity Institutional 16.09%

  3. Salient International Div Signal Instl 13.69%

  4. Salient Trend I 9.09%

  5. iShares 7-10 Year Treasury Bond ETF 7.27%

  6. iShares iBoxx $ High Yield Corp Bd ETF 4.42%

  7. iShares Emerging Markets High Yld Bd ETF 3.18%

  8. iShares Core MSCI Emerging Markets ETF 2.58%


Asset Allocation

Weighting Return Low Return High ACGAX % Rank
Stocks
46.28% 0.00% 259.25% N/A
Bonds
37.88% -234.98% 117.56% N/A
Other
9.94% -2.21% 60.01% N/A
Cash
3.43% -88.62% 98.17% N/A
Preferred Stocks
2.29% 0.00% 18.40% N/A
Convertible Bonds
0.19% 0.00% 9.42% N/A

Stock Sector Breakdown

Weighting Return Low Return High ACGAX % Rank
Financial Services
7.19% 0.00% 38.98% N/A
Technology
6.10% -2.39% 44.06% N/A
Consumer Cyclical
5.51% -1.09% 25.91% N/A
Real Estate
4.15% -0.42% 35.64% N/A
Industrials
3.72% -0.35% 18.58% N/A
Healthcare
2.63% -1.73% 20.86% N/A
Energy
2.55% 0.00% 17.54% N/A
Consumer Defense
2.25% -0.58% 18.16% N/A
Utilities
1.23% -0.84% 19.70% N/A
Basic Materials
1.22% -1.03% 15.55% N/A
Communication Services
0.87% 0.00% 14.83% N/A

Stock Geographic Breakdown

Weighting Return Low Return High ACGAX % Rank
Non US
23.17% -24.42% 159.65% N/A
US
23.11% -9.56% 99.60% N/A

Bond Sector Breakdown

Weighting Return Low Return High ACGAX % Rank
Government
24.23% -242.10% 104.67% N/A
Corporate
8.41% -0.30% 59.27% N/A
Derivative
6.48% -2.31% 17.37% N/A
Cash & Equivalents
3.36% -106.96% 98.17% N/A
Municipal
1.13% 0.00% 4.65% N/A
Securitized
0.17% 0.00% 29.27% N/A

Bond Geographic Breakdown

Weighting Return Low Return High ACGAX % Rank
US
26.54% -262.85% 104.67% N/A
Non US
11.34% -17.16% 59.99% N/A

ACGAX - Expenses

Operational Fees

ACGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 11.20% N/A
Management Fee 0.10% 0.00% 1.56% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.47% N/A

Sales Fees

ACGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.15% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ACGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

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.

ACGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 494.00% N/A

ACGAX - Distributions

Dividend Yield Analysis

ACGAX Category Low Category High ACGAX % Rank
Dividend Yield 0.01% 0.00% 1.99% N/A

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ACGAX Category Low Category High ACGAX % Rank
Net Income Ratio 2.66% -1.57% 5.11% N/A

Capital Gain Distribution Analysis

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

ACGAX - Managers

Tenure Analysis

Category Low

0.06

Category High

27.43

Category Average

6.13

Category Mode

8.33