Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.7%
1 yr return
4.3%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$81.7 M
Holdings in Top 10
77.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 5.62%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ATLAX - Profile
Distributions
- YTD Total Return 3.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 4.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAtlas U.S. Tactical Income Fund
-
Fund Family NameATLAS US. TACTICAL INCOME FUND, INC.
-
Inception DateJun 17, 2021
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Hopgood
Fund Description
The Fund pursues its investment strategy by constructing a portfolio of securities as described below. The Fund relies on the professional judgment of the Adviser to make decisions about the Fund’s portfolio investments. The basic investment philosophy of the Adviser is to seek to invest in attractively valued securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the Adviser believes that they no longer represent relatively attractive investment opportunities.
● | The Fund invests primarily in fixed-income securities, including U.S. government, mortgage-backed, and corporate debt securities, and municipal obligations. Under no circumstances will the Fund have the flexibility to invest in direct or indirect obligations of the Commonwealth of Puerto Rico or any of its instrumentalities. |
● | The Fund normally invests at least 80% of its assets in a diversified portfolio of U.S. fixed-income instruments of varying maturities. |
● | The Fund generally invests up to 20% of its total assets in large capitalization stocks including through the use of passive investments, such as exchange-traded funds (“ETFs”). |
● | The Fund may invest up to 10% of its assets in below investment-grade fixed-income securities (or unrated fixed income securities deemed by the investment adviser to be of comparable credit quality). Investment-grade refers to fixed income securities that are rated “AAA,” “AA,” “A” or “BBB” by S&P Global Ratings (“S&P”), “Aaa,” “Aa,” “A” or “Baa” by Moody’s Investors Service, Inc., (“”), or “AAA,” “AA,” “A” or “BBB” by Fitch Ratings, Inc. (“Fitch”) without regard to any gradations within such categories, or within the four highest investment grade categories (without regard to any gradations within such categories) by any other nationally recognized statistical rating organization, or, if not rated, are considered by the Adviser to be of comparable credit quality. Below investment-grade fixed-income securities are also known as “junk bonds” which are speculative and subject to greater credit risk, price volatility and risk of loss than investment-grade securities. |
● | The Fund may invest up to 20% of its total assets in fixed-income securities or large capitalization stocks (mainly ETFs) of foreign issuers in dollar denominations. |
● | The Fund is authorized to engage in borrowing and other forms of leverage to increase amounts available for investment. Reverse repurchase agreements may be considered to be a type of borrowing. |
● | The Fund may actively trade its securities to achieve its principal investment strategies. |
ATLAX - Performance
Return Ranking - Trailing
Period | ATLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.2% | 11.6% | 82.05% |
1 Yr | 4.3% | -5.5% | 11.9% | 80.34% |
3 Yr | N/A* | -9.4% | 6.5% | 100.00% |
5 Yr | N/A* | -8.8% | 5.8% | 99.19% |
10 Yr | N/A* | -3.1% | 4.5% | 93.26% |
* Annualized
Return Ranking - Calendar
Period | ATLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -6.5% | 9.5% | 5.98% |
2022 | N/A | -24.6% | -1.5% | 15.04% |
2021 | N/A | -8.0% | 3.8% | 4.00% |
2020 | N/A | -16.2% | 11.1% | 1.60% |
2019 | N/A | 3.0% | 10.7% | 92.62% |
Total Return Ranking - Trailing
Period | ATLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.2% | 11.6% | 82.05% |
1 Yr | 4.3% | -5.5% | 11.9% | 80.34% |
3 Yr | N/A* | -9.4% | 6.5% | 100.00% |
5 Yr | N/A* | -8.8% | 5.8% | 99.19% |
10 Yr | N/A* | -3.1% | 4.5% | 85.39% |
* Annualized
Total Return Ranking - Calendar
Period | ATLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.5% | -5.1% | 13.3% | 1.71% |
2022 | N/A | -22.6% | 8.8% | 15.04% |
2021 | N/A | -8.0% | 13.8% | 4.00% |
2020 | N/A | -13.7% | 13.5% | 1.60% |
2019 | N/A | 5.7% | 18.4% | 92.62% |
NAV & Total Return History
ATLAX - Holdings
Concentration Analysis
ATLAX | Category Low | Category High | ATLAX % Rank | |
---|---|---|---|---|
Net Assets | 81.7 M | 8.81 M | 5.46 B | 76.92% |
Number of Holdings | 66 | 3 | 1927 | 17.09% |
Net Assets in Top 10 | 62.8 M | 11.5 M | 5.17 B | 87.18% |
Weighting of Top 10 | 77.22% | 10.9% | 102.4% | 77.78% |
Top 10 Holdings
- G2 CR2398 13.02%
- G2 CO1927 9.24%
- MS 5.297 04/20/37 8.53%
- COF 5.268 05/10/33 8.34%
- JPM 5.717 09/14/33 7.69%
- G2 CR2382 6.83%
- G2 MA9305 6.63%
- FN MA5354 5.99%
- ANNALY CAPITAL M 5.59%
- G2 BQ2091 5.36%
Asset Allocation
Weighting | Return Low | Return High | ATLAX % Rank | |
---|---|---|---|---|
Bonds | 157.86% | 0.00% | 157.86% | 1.71% |
Stocks | 14.60% | 0.00% | 100.08% | 84.62% |
Cash | 2.13% | 0.00% | 59.63% | 35.90% |
Preferred Stocks | 0.00% | 0.00% | 1.29% | 92.31% |
Convertible Bonds | 0.00% | 0.00% | 3.97% | 99.15% |
Other | -74.59% | -74.59% | 44.64% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ATLAX % Rank | |
---|---|---|---|---|
Real Estate | 39.70% | 0.00% | 78.69% | 4.27% |
Technology | 18.02% | 0.00% | 25.62% | 47.01% |
Financial Services | 11.90% | 0.00% | 20.10% | 89.74% |
Communication Services | 11.00% | 0.00% | 11.71% | 4.27% |
Consumer Cyclical | 9.58% | 0.00% | 12.36% | 68.38% |
Healthcare | 5.12% | 0.00% | 19.76% | 94.87% |
Consumer Defense | 2.87% | 0.00% | 22.77% | 94.87% |
Industrials | 1.80% | 0.00% | 29.86% | 95.73% |
Utilities | 0.00% | 0.00% | 91.26% | 99.15% |
Energy | 0.00% | 0.00% | 27.98% | 100.00% |
Basic Materials | 0.00% | 0.00% | 8.62% | 99.15% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ATLAX % Rank | |
---|---|---|---|---|
US | 14.60% | 0.00% | 100.08% | 84.62% |
Non US | 0.00% | 0.00% | 14.08% | 92.31% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ATLAX % Rank | |
---|---|---|---|---|
Securitized | 61.25% | 0.00% | 61.25% | 1.71% |
Corporate | 34.82% | 0.00% | 73.91% | 40.17% |
Municipal | 2.05% | 0.00% | 7.45% | 5.13% |
Derivative | 0.05% | -0.16% | 44.64% | 15.38% |
Cash & Equivalents | 0.00% | 0.00% | 59.63% | 99.15% |
Government | 0.00% | 0.00% | 62.10% | 100.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ATLAX % Rank | |
---|---|---|---|---|
US | 157.86% | 0.00% | 157.86% | 1.71% |
Non US | 0.00% | 0.00% | 15.31% | 89.74% |
ATLAX - Expenses
Operational Fees
ATLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 5.62% | 0.11% | 6.36% | 1.71% |
Management Fee | 1.13% | 0.00% | 1.25% | 97.44% |
12b-1 Fee | N/A | 0.00% | 1.00% | 47.81% |
Administrative Fee | N/A | 0.01% | 0.70% | 42.86% |
Sales Fees
ATLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 3.50% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
ATLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 100.00% |
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.
ATLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 6.00% | 318.00% | 27.57% |
ATLAX - Distributions
Dividend Yield Analysis
ATLAX | Category Low | Category High | ATLAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.65% | 0.00% | 5.22% | 86.32% |
Dividend Distribution Analysis
ATLAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
ATLAX | Category Low | Category High | ATLAX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.25% | 3.99% | 28.33% |
Capital Gain Distribution Analysis
ATLAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 26, 2024 | $0.032 | OrdinaryDividend |
Oct 30, 2024 | $0.033 | OrdinaryDividend |
Sep 27, 2024 | $0.033 | OrdinaryDividend |
Aug 29, 2024 | $0.033 | OrdinaryDividend |
Jul 30, 2024 | $0.033 | OrdinaryDividend |
Apr 29, 2024 | $0.033 | OrdinaryDividend |
Mar 27, 2024 | $0.033 | OrdinaryDividend |
Feb 28, 2024 | $0.033 | OrdinaryDividend |
Jan 30, 2024 | $0.032 | OrdinaryDividend |
Dec 28, 2023 | $0.032 | OrdinaryDividend |
Nov 29, 2023 | $0.031 | OrdinaryDividend |
Oct 30, 2023 | $0.031 | OrdinaryDividend |
Sep 28, 2023 | $0.031 | CapitalGainLongTerm |
Aug 30, 2023 | $0.031 | CapitalGainLongTerm |
Jul 28, 2023 | $0.005 | OrdinaryDividend |
Jul 28, 2023 | $0.026 | CapitalGainLongTerm |
Jun 29, 2023 | $0.005 | OrdinaryDividend |
Jun 29, 2023 | $0.026 | CapitalGainLongTerm |
May 30, 2023 | $0.005 | OrdinaryDividend |
May 30, 2023 | $0.026 | CapitalGainLongTerm |
Apr 27, 2023 | $0.006 | OrdinaryDividend |
Apr 27, 2023 | $0.025 | CapitalGainLongTerm |
Mar 30, 2023 | $0.011 | OrdinaryDividend |
Mar 30, 2023 | $0.021 | CapitalGainLongTerm |
Feb 27, 2023 | $0.018 | OrdinaryDividend |
Feb 27, 2023 | $0.017 | CapitalGainLongTerm |
Jan 30, 2023 | $0.015 | OrdinaryDividend |
Jan 30, 2023 | $0.021 | CapitalGainLongTerm |
Dec 29, 2022 | $0.020 | OrdinaryDividend |
Dec 29, 2022 | $0.016 | CapitalGainLongTerm |
Nov 29, 2022 | $0.011 | OrdinaryDividend |
Nov 29, 2022 | $0.024 | CapitalGainLongTerm |
Oct 28, 2022 | $0.035 | OrdinaryDividend |
Sep 29, 2022 | $0.019 | OrdinaryDividend |
Sep 29, 2022 | $0.015 | CapitalGainLongTerm |
Aug 30, 2022 | $0.020 | OrdinaryDividend |
Aug 30, 2022 | $0.015 | CapitalGainLongTerm |
Jul 28, 2022 | $0.020 | OrdinaryDividend |
Jul 28, 2022 | $0.015 | CapitalGainLongTerm |
Jun 29, 2022 | $0.015 | OrdinaryDividend |
Jun 29, 2022 | $0.020 | CapitalGainLongTerm |
May 27, 2022 | $0.015 | OrdinaryDividend |
May 27, 2022 | $0.020 | CapitalGainLongTerm |
Apr 28, 2022 | $0.026 | OrdinaryDividend |
Apr 28, 2022 | $0.008 | CapitalGainLongTerm |
Mar 30, 2022 | $0.017 | OrdinaryDividend |
Mar 30, 2022 | $0.017 | CapitalGainLongTerm |
Feb 25, 2022 | $0.015 | OrdinaryDividend |
Feb 25, 2022 | $0.020 | CapitalGainLongTerm |
Jan 28, 2022 | $0.003 | OrdinaryDividend |
Jan 28, 2022 | $0.031 | CapitalGainLongTerm |
ATLAX - Fund Manager Analysis
Managers
Paul Hopgood
Start Date
Tenure
Tenure Rank
Sep 30, 2015
6.67
6.7%
Jamie Pandal
Start Date
Tenure
Tenure Rank
Sep 30, 2015
6.67
6.7%
Jaime Pandal, Vice President of the Adviser, has been a Portfolio Manager of the Fund since its inception and joined the Adviser in September 2014. Prior to joining Atlas, Mr. Pandal was a Senior Portfolio Analyst at Santander Asset Management from 2012 to 2014 where he assisted in the management of 17 investment companies and institutional fixed income mandates. Mr. Pandal traded a variety of fixed income products such as treasuries, agencies, mortgage backed, municipals, corporates, along with equities and derivatives including futures, options, and interest rate swaps. Prior to joining Santander, Mr. Pandal was an Associate Director at UBS Financial Services from 2008 to 2012. While at UBS, Mr. Pandal managed assets of high net worth and ultra high net worth individuals and performed in depth analysis of fixed income securities, equities, and derivatives. Mr. Pandal holds a Bachelor of Science in Business Administration with a concentration in Accounting and Finance from Georgetown University and a Juris Doctor from the University of Puerto Rico. Mr. Pandal is also a CFA Charterholder (2012).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 26.96 | 6.41 | 4.28 |