ASTIX: Astor Dynamic Allocation Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.17

-

0.48%

$0.07

1.36%

Vitals

YTD Return

8.7%

1 yr return

18.4%

3 Yr Avg Return

5.4%

5 Yr Avg Return

7.9%

Net Assets

$157 M

Holdings in Top 10

83.6%

52 WEEK LOW AND HIGH

$15.28
$12.62
$15.47

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 116.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

$5,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Tactical Allocation


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.17

-

0.48%

$0.07

1.36%

ASTIX - Profile

Distributions

  • YTD Total Return 8.7%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.86%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Astor Dynamic Allocation Fund
  • Fund Family Name
    Astor
  • Inception Date
    Oct 19, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bryan Novak

Fund Description

The fund invests predominantly in exchange-traded funds ("ETFs") that each invest primarily in domestic or foreign (1) equity securities, (2) fixed-income securities, (3) alternative/specialty securities or (4) cash equivalents. The adviser defines equity securities to include ETFs that invest primarily in equity securities, such as common and preferred stocks. It invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) measured at the time of purchase in ETFs.


ASTIX - Performance

Return Ranking - Trailing

Period ASTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -14.9% 29.8% 52.33%
1 Yr 18.4% -4.1% 70.6% 49.45%
3 Yr 5.4%* -1.2% 27.3% 81.57%
5 Yr 7.9%* 0.9% 31.2% 46.38%
10 Yr 6.0%* -0.6% 13.6% 62.96%

* Annualized

Return Ranking - Calendar

Period ASTIX Return Category Return Low Category Return High Rank in Category (%)
2020 1.7% -17.2% 52.8% 64.64%
2019 16.0% -11.4% 27.3% 12.45%
2018 -11.2% -29.6% 1.6% 60.34%
2017 9.7% -11.6% 29.4% 44.64%
2016 5.6% -14.9% 16.0% 34.30%

Total Return Ranking - Trailing

Period ASTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -14.9% 29.8% 53.05%
1 Yr 18.4% -7.9% 70.6% 45.39%
3 Yr 5.4%* -3.0% 27.3% 76.86%
5 Yr 7.9%* -0.2% 31.2% 42.98%
10 Yr 6.0%* -0.6% 13.6% 60.74%

* Annualized

Total Return Ranking - Calendar

Period ASTIX Return Category Return Low Category Return High Rank in Category (%)
2020 1.7% -17.2% 52.8% 64.64%
2019 16.0% -11.4% 27.3% 12.45%
2018 -7.7% -29.6% 1.6% 51.05%
2017 16.1% -5.4% 29.4% 20.98%
2016 7.1% -14.9% 19.7% 36.23%

NAV & Total Return History


ASTIX - Holdings

Concentration Analysis

ASTIX Category Low Category High ASTIX % Rank
Net Assets 157 M 643 K 17.6 B 48.40%
Number of Holdings 16 2 1869 75.09%
Net Assets in Top 10 132 M -104 M 11.2 B 42.70%
Weighting of Top 10 83.56% 12.6% 100.0% 32.77%

Top 10 Holdings

  1. Invesco S&P 500® Equal Weight Tech ETF 13.37%
  2. SPDR® Port S&P 1500 Comps Stk Mkt ETF 12.19%
  3. SPDR® Portfolio S&P 500 ETF 11.47%
  4. iShares MSCI USA Equal Weighted ETF 10.12%
  5. Quadratic Intrst Rt Vol & Infl H ETF 9.79%
  6. iShares MSCI USA Min Vol Factor ETF 6.42%
  7. Invesco Optm Yd Dvrs Cdty Stra No K1 ETF 5.16%
  8. First Trust Senior Loan ETF 5.06%
  9. Vanguard Short-Term Bond ETF 5.01%
  10. First Trust Low Duration Oppos ETF 4.98%

Asset Allocation

Weighting Return Low Return High ASTIX % Rank
Stocks
68.38% 0.00% 199.20% 45.20%
Bonds
23.21% 0.00% 212.15% 42.70%
Cash
6.98% -174.65% 80.58% 36.30%
Other
1.33% -30.29% 67.44% 38.43%
Convertible Bonds
0.09% 0.00% 6.27% 45.91%
Preferred Stocks
0.00% 0.00% 11.95% 38.79%

Stock Sector Breakdown

Weighting Return Low Return High ASTIX % Rank
Technology
34.81% 0.00% 54.08% 4.56%
Financial Services
12.08% 0.00% 96.81% 69.20%
Healthcare
10.19% 0.00% 29.91% 65.40%
Consumer Cyclical
9.52% 0.00% 60.13% 74.14%
Industrials
8.76% 0.00% 22.90% 71.86%
Communication Services
7.82% 0.00% 26.02% 59.32%
Consumer Defense
5.76% 0.00% 27.69% 56.27%
Basic Materials
3.32% 0.00% 46.77% 54.37%
Real Estate
2.87% 0.00% 72.00% 60.08%
Utilities
2.71% 0.00% 91.16% 39.16%
Energy
2.17% 0.00% 70.75% 64.64%

Stock Geographic Breakdown

Weighting Return Low Return High ASTIX % Rank
US
52.76% 0.00% 197.43% 38.08%
Non US
15.62% -0.38% 64.60% 40.93%

Bond Sector Breakdown

Weighting Return Low Return High ASTIX % Rank
Government
42.88% 0.00% 99.17% 34.88%
Cash & Equivalents
22.33% 0.00% 100.00% 63.35%
Corporate
17.60% 0.00% 100.00% 28.47%
Securitized
17.18% 0.00% 63.58% 7.12%
Municipal
0.01% 0.00% 20.38% 20.28%
Derivative
0.00% 0.00% 61.36% 42.35%

Bond Geographic Breakdown

Weighting Return Low Return High ASTIX % Rank
US
22.60% -29.94% 125.49% 34.16%
Non US
0.61% 0.00% 87.37% 62.99%

ASTIX - Expenses

Operational Fees

ASTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.38% 3.80% 53.43%
Management Fee 0.95% 0.00% 1.50% 62.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% 30.95%

Sales Fees

ASTIX 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

ASTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

ASTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 116.00% 1.00% 465.00% 39.74%

ASTIX - Distributions

Dividend Yield Analysis

ASTIX Category Low Category High ASTIX % Rank
Dividend Yield 0.48% 0.00% 0.59% 16.73%

Dividend Distribution Analysis

ASTIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

ASTIX Category Low Category High ASTIX % Rank
Net Income Ratio 0.86% -73.00% 9.24% 36.56%

Capital Gain Distribution Analysis

ASTIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

ASTIX - Fund Manager Analysis

Managers

Bryan Novak


Start Date

Tenure

Tenure Rank

Oct 19, 2009

11.87

11.9%

Bryan Novak, Co-Portfolio Manager. Bryan Novak joined Astor Investment Management in 2002 and currently serves as Senior Managing Director where he oversees the firm’s trading. Mr. Novak has been involved in the research and development of the trading and investment strategies at the firm. He was instrumental in the launch of the firm’s mutual fund family in 2009 and has served as part of the portfolio management team since 2004. Prior to Astor, Mr. Novak was an equity options trader for Second City Trading, LLC at the CBOE in Chicago. He has been quoted by numerous financial media outlets and is a regular panelist at ETF industry events. Mr. Novak earned his Bachelor of Science in Financial Management from the Ohio State University. Mr. Novak is a Level II Candidate for the CAIA exam and has passed Level 1 of the CFA

John Eckstein


Start Date

Tenure

Tenure Rank

Feb 25, 2011

10.52

10.5%

John Eckstein, Co-Portfolio Manager. John Eckstein joined Astor Investment Management in 2011 and serves as Chief Investment Officer. As Vice Chairman of the firm’s Investment Committee, he is responsible for international global macro strategies. In 1995, Mr. Eckstein founded Cornerstone Quantitative Investment Group, a global macro hedge fund with peak assets of $600 million. At Cornerstone, Mr. Eckstein was responsible for all aspects of the firm’s operations including fixed income, currency, commodity and equity portfolios. Prior to Cornerstone, Mr. Eckstein was a researcher for Luck Trading Company, a commodity trading adviser. Mr. Eckstein is a co-author of Commodity Investing (John Wiley & Sons, 2008) and is a frequent speaker at industry events. He holds a Bachelor of Science from Brown University and a Masters in Public Administration (International Economic Policy) from Columbia University.

Robert Stein


Start Date

Tenure

Tenure Rank

Nov 29, 2013

7.76

7.8%

Robert Stein, Co-Portfolio Manager. Rob Stein began his career in 1983 as a project analyst for the Federal Reserve, under the chairmanship of Paul Volcker. From there, he went on to hold senior trading or portfolio management positions with Bank of America New York, Harris Bank and Bank of America Chicago from. Beginning in 1991, Mr. Stein also served as the Managing Director of Proprietary Trading for Barclays Bank PLC New York. Returning to Chicago in 1994, he formed Astor Financial, Inc., an investment and brokerage firm. Later, Mr. Stein formed Astor Asset Management LLC, a registered investment adviser acquired by Knight Capital Group, Inc. in 2010. Astor Asset Management operated as a wholly-owned subsidiary until 2014 when operations continued as Astor Investment Management LLC. Mr. Stein is one of the creators of the Astor Economic Index® (“AEI”), which is used to determine the strength of the economy and identify stages of the business cycle. Mr. Stein has received numerous accolades in his career such as being recognized in 2003 as one of the best unknown managers by BusinessWeek and in 2009 Forbes.com cited Stein’s tactical ETF portfolios as one of the best performers during the financial crisis. Mr. Stein is the author of three books, including Inside Greenspan’s Briefcase (McGraw Hill) and Finding the Bull Inside the Bear: Active Management Strategies for Expansions, Contractions, and Everything in Between (Marketplace, 2013). He is regularly featured in print and broadcast media such as the Wall Street Journal, Business Week, Investor’s Business Daily, ABC, FOX News, Bloomberg and CNBC. Mr. Stein graduated from the University of Michigan with a BA in Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.08 5.67 12.25