APSHX: Pinnacle Sherman Multi-Strategy Core A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

APSHX Pinnacle Sherman Multi-Strategy Core A


Profile

APSHX - Profile

Vitals

  • YTD Return -11.9%
  • 3 Yr Annualized Return -4.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $26.5 M
  • Holdings in Top 10 98.8%

52 WEEK LOW AND HIGH

$9.55
$8.95
$11.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.78%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification

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

Distributions

  • YTD Total Return -13.3%
  • 3 Yr Annualized Total Return -3.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.37%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Pinnacle Sherman Multi-Strategy Core Fund
  • Fund Family Name
    Pinnacle
  • Inception Date
    Oct 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    R. Sean McCurry

Fund Description

The fund seeks to meet its investment objective by investing, under normal market conditions in exchange traded funds ("ETFs") that may invest in all major asset classes including, but not limited to, foreign and domestic (i) equity securities of all market capitalizations, (ii) fixed income securities of any credit quality, and (iii) cash and cash equivalents. The advisor intends to generally invest in a mix of asset classes. It may also make its cash investments directly.


Sign up for Advisor Access

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


Categories

Performance

APSHX - Performance

Return Ranking - Trailing

Period APSHX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.9% -91.1% 30.4% 24.10%
1 Yr -6.6% -93.4% 48.8% 16.52%
3 Yr -4.4%* -64.0% 14.9% 38.27%
5 Yr N/A* -51.8% 16.2% N/A
10 Yr N/A* -21.5% 24.7% N/A

* Annualized

Return Ranking - Calendar

Period APSHX Return Category Return Low Category Return High Rank in Category (%)
2019 14.1% -52.1% 71.9% 33.14%
2018 -16.2% -43.8% 12.7% 62.08%
2017 4.5% -25.3% 59.5% 57.45%
2016 8.2% -24.5% 42.5% 42.23%
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period APSHX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.3% -91.4% 29.5% 25.21%
1 Yr -8.1% -93.5% 47.9% 18.55%
3 Yr -3.0%* -64.4% 15.7% 36.82%
5 Yr N/A* -52.1% 18.0% N/A
10 Yr N/A* -22.0% 25.8% N/A

* Annualized

Total Return Ranking - Calendar

Period APSHX Return Category Return Low Category Return High Rank in Category (%)
2019 14.1% -52.1% 71.9% 33.43%
2018 -16.2% -38.4% 12.7% 76.17%
2017 10.9% -25.3% 68.6% 45.09%
2016 8.8% -24.5% 42.5% 48.21%
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

APSHX - Holdings

Concentration Analysis

APSHX Category Low Category High APSHX % Rank
Net Assets 26.5 M 1.07 M 7.64 B 73.18%
Number of Holdings 12 3 1562 87.85%
Net Assets in Top 10 29.4 M -2.74 M 2.13 B 54.97%
Weighting of Top 10 98.75% 16.0% 238.7% 8.71%

Top 10 Holdings

  1. Invesco QQQ Trust 14.45%
  2. iShares S&P 500 Value ETF 14.17%
  3. iShares Core S&P 500 ETF 14.06%
  4. iShares S&P 500 Growth ETF 13.98%
  5. SPDR® Dow Jones Industrial Avrg ETF Tr 13.84%
  6. First Trust S&P REIT ETF 12.37%
  7. iShares US Technology ETF 4.07%
  8. First Trust Health Care AlphaDEX® ETF 3.95%
  9. First Trust Indtls/PrdcrDurbAlphaDEX®ETF 3.93%
  10. iShares US Financials ETF 3.91%

Asset Allocation

Weighting Return Low Return High APSHX % Rank
Stocks
98.44% 80.15% 379.21% 45.58%
Cash
1.56% -279.21% 32.48% 47.79%
Preferred Stocks
0.00% 0.00% 10.09% 83.15%
Other
0.00% -60.51% 28.75% 72.38%
Convertible Bonds
0.00% -0.02% 3.65% 83.43%
Bonds
0.00% -81.18% 69.78% 79.01%

Stock Sector Breakdown

Weighting Return Low Return High APSHX % Rank
Technology
20.94% 0.00% 48.83% 14.37%
Real Estate
14.66% 0.00% 99.68% 6.29%
Healthcare
13.50% 0.00% 100.00% 42.22%
Financial Services
12.89% 0.00% 60.67% 45.21%
Industrials
10.88% 0.00% 49.81% 26.05%
Communication Services
8.82% 0.00% 20.89% 33.23%
Consumer Cyclical
7.90% 0.00% 46.29% 58.38%
Consumer Defense
5.08% 0.00% 54.25% 54.49%
Energy
2.56% 0.00% 100.00% 76.95%
Utilities
1.60% 0.00% 40.07% 58.98%
Basic Materials
1.16% 0.00% 32.95% 59.88%

Stock Geographic Breakdown

Weighting Return Low Return High APSHX % Rank
US
97.47% 80.06% 379.21% 37.85%
Non US
0.97% -0.96% 39.88% 55.52%

Expenses

APSHX - Expenses

Operational Fees

APSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.78% 0.37% 37.17% 57.14%
Management Fee 1.00% 0.03% 2.64% 63.81%
12b-1 Fee 0.25% 0.00% 1.00% 54.67%
Administrative Fee N/A 0.05% 0.45% 16.88%

Sales Fees

APSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.00% 5.75% 42.17%
Deferred Load N/A 1.00% 5.00% 51.72%

Trading Fees

APSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 90.00%

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.

APSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 5191.00% 97.13%

Distributions

APSHX - Distributions

Dividend Yield Analysis

APSHX Category Low Category High APSHX % Rank
Dividend Yield 0.00% 0.00% 22.70% 85.91%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

APSHX Category Low Category High APSHX % Rank
Net Income Ratio 0.37% -3.60% 4.30% 49.86%

Capital Gain Distribution Analysis

APSHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

APSHX - Fund Manager Analysis

Managers

R. Sean McCurry


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.42

4.4%

R. Sean McCurry has been the Managing Member and President of the Pinnacle Family Advisors, LLC since 2008. Mr. McCurry also previously served as a Financial Advisor and Branch Manager for Raymond James Financial Services from January 1999 to December 2007.

Paul Carroll


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.42

4.4%

Paul Carroll has been the Chief Investment Officer and Chief Compliance officer of the Pinnacle Family Advisors, LLC since 2008. Mr. Carroll also served as a Financial Advisor for Raymond James Financial Services from December 2005 to November 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 41.7 5.8 9.92