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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Atlas U.S. Tactical Income Fund

ATLAX | Fund

$8.03

$81.7 M

0.00%

5.62%

Vitals

YTD Return

-2.3%

1 yr return

4.7%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$81.7 M

Holdings in Top 10

74.7%

52 WEEK LOW AND HIGH

$8.0
N/A
N/A

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 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Atlas U.S. Tactical Income Fund

ATLAX | Fund

$8.03

$81.7 M

0.00%

5.62%

ATLAX - Profile

Distributions

  • YTD Total Return -2.3%
  • 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
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Atlas U.S. Tactical Income Fund
  • Fund Family Name
    ATLAS US. TACTICAL INCOME FUND, INC.
  • Inception Date
    Jun 17, 2021
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul 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 Securities may be sold when the Adviser believes that they no longer represent relatively attractive investment opportunities.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.
Read More

ATLAX - Performance

Return Ranking - Trailing

Period ATLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -3.2% 3.8% 99.20%
1 Yr 4.7% -6.6% 12.7% 49.60%
3 Yr N/A* -10.5% 5.7% 100.00%
5 Yr N/A* -8.8% 5.9% 99.19%
10 Yr N/A* -2.2% 3.9% 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% 5.60%
2022 N/A -24.6% -1.5% 15.04%
2021 N/A -8.5% 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 -2.3% -3.2% 3.8% 99.20%
1 Yr 4.7% -6.6% 12.7% 49.60%
3 Yr N/A* -10.5% 5.7% 100.00%
5 Yr N/A* -8.8% 5.9% 99.19%
10 Yr N/A* -2.2% 3.9% 85.39%

* Annualized

Total Return Ranking - Calendar

Period ATLAX Return Category Return Low Category Return High Rank in Category (%)
2023 11.5% -5.6% 13.3% 1.60%
2022 N/A -22.6% 8.8% 15.04%
2021 N/A -8.5% 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 72.80%
Number of Holdings 71 2 2856 16.00%
Net Assets in Top 10 61.1 M 9.14 M 5.27 B 84.00%
Weighting of Top 10 74.73% 10.9% 102.4% 87.20%

Top 10 Holdings

  1. G2 CR2398 12.77%
  2. G2 CO1927 9.19%
  3. MS 5.297 04/20/37 8.23%
  4. COF 5.268 05/10/33 8.09%
  5. JPM 5.717 09/14/33 7.48%
  6. G2 MA9305 6.88%
  7. G2 CR2382 6.71%
  8. G2 BQ2091 5.29%
  9. ANNALY CAPITAL M 5.13%
  10. BAC 3.846 03/08/37 4.95%

Asset Allocation

Weighting Return Low Return High ATLAX % Rank
Bonds 		162.82% 0.00% 162.82% 1.60%
Stocks 		14.27% 0.00% 103.14% 88.80%
Cash 		1.99% 0.00% 73.32% 41.60%
Preferred Stocks 		0.00% 0.00% 1.20% 96.80%
Convertible Bonds 		0.00% 0.00% 3.97% 99.20%
Other 		-79.08% -79.08% 39.28% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High ATLAX % Rank
Real Estate 		39.70% 0.00% 78.69% 4.00%
Technology 		18.02% 0.00% 25.62% 47.20%
Financial Services 		11.90% 0.00% 20.10% 89.60%
Communication Services 		11.00% 0.00% 11.71% 4.00%
Consumer Cyclical 		9.58% 0.00% 12.36% 66.40%
Healthcare 		5.12% 0.00% 19.76% 94.40%
Consumer Defense 		2.87% 0.00% 22.77% 94.40%
Industrials 		1.80% 0.00% 29.86% 96.00%
Utilities 		0.00% 0.00% 91.26% 99.20%
Energy 		0.00% 0.00% 27.98% 100.00%
Basic Materials 		0.00% 0.00% 8.62% 99.20%

Stock Geographic Breakdown

Weighting Return Low Return High ATLAX % Rank
US 		14.27% 0.00% 103.14% 88.80%
Non US 		0.00% 0.00% 14.08% 96.80%

Bond Sector Breakdown

Weighting Return Low Return High ATLAX % Rank
Securitized 		61.25% 0.00% 61.25% 1.60%
Corporate 		34.82% 0.00% 73.91% 39.20%
Municipal 		2.05% 0.00% 7.45% 5.60%
Cash & Equivalents 		0.00% 0.00% 73.04% 98.40%
Government 		0.00% 0.00% 62.10% 100.00%
Derivative 		-0.16% -0.67% 39.28% 89.60%

Bond Geographic Breakdown

Weighting Return Low Return High ATLAX % Rank
US 		162.82% 0.00% 162.82% 1.60%
Non US 		0.00% 0.00% 22.08% 96.00%

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% 1.60%
Management Fee 1.13% 0.00% 1.25% 96.80%
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 0.00% 0.00% 5.22% 90.40%

Dividend Distribution Analysis

ATLAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Quarterly

Net Income Ratio Analysis

ATLAX Category Low Category High ATLAX % Rank
Net Income Ratio N/A -1.30% 3.99% 28.33%

Capital Gain Distribution Analysis

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

Distributions History

View More +

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 6.45 12.09

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