ATVIX: Athena Behavioral Tactical Fund - MutualFunds.com

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

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Athena Value I

ATVIX - Snapshot

Vitals

  • YTD Return 4.3%
  • 3 Yr Annualized Return 2.7%
  • 5 Yr Annualized Return 4.2%
  • Net Assets $17.8 M
  • Holdings in Top 10 99.7%

52 WEEK LOW AND HIGH

$10.53
$6.99
$10.62

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.65%

SALES FEES

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

BROKERAGE FEES

  • Turnover 96.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare ATVIX to Popular U.S. Mid-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$47.68

-0.25%

$23.19 B

1.74%

$0.83

-4.72%

0.78%

$114.17

-0.45%

$17.72 B

1.98%

$2.27

-2.61%

0.07%

$44.93

-0.49%

$17.72 B

-

$0.00

-4.32%

0.19%

$38.06

-0.68%

$12.96 B

1.35%

$0.52

-4.06%

0.84%

$17.70

-0.06%

$12.04 B

2.29%

$0.41

2.31%

0.01%

ATVIX - Profile

Distributions

  • YTD Total Return 4.3%
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Athena Behavioral Tactical Fund
  • Fund Family Name
    Athena Fund
  • Inception Date
    May 15, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    C. Thomas Howard

Fund Description

To achieve its investment objective, the fund seeks investment exposure to domestic, foreign and emerging market equity markets. It is designed to invest in global markets which the portfolio managers believe have the most attractive expected returns on an unconstrained basis. The strategy relies on what the portfolio managers believe to be unique market behavioral indicators that measure macro-level investor preferences for specific investment strategies and return factors.


ATVIX - Performance

Return Ranking - Trailing

Period ATVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -52.0% 582.4% 1.92%
1 Yr -4.3% -30.1% 7.0% 9.31%
3 Yr 2.7%* -11.2% 7.6% 6.16%
5 Yr 4.2%* -4.4% 10.3% 46.53%
10 Yr N/A* 2.8% 10.8% N/A

* Annualized

Return Ranking - Calendar

Period ATVIX Return Category Return Low Category Return High Rank in Category (%)
2019 26.2% -8.1% 40.9% 30.54%
2018 -19.6% -56.9% -2.2% 42.78%
2017 0.7% -62.6% 24.5% 88.14%
2016 15.4% -14.6% 28.1% 47.20%
2015 N/A -36.5% 3.4% N/A

Total Return Ranking - Trailing

Period ATVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -53.0% 582.4% 1.92%
1 Yr -4.3% -31.5% 7.0% 7.88%
3 Yr 2.7%* -12.1% 7.6% 6.16%
5 Yr 4.2%* -4.7% 10.3% 42.67%
10 Yr N/A* 2.8% 10.8% N/A

* Annualized

Total Return Ranking - Calendar

Period ATVIX Return Category Return Low Category Return High Rank in Category (%)
2019 26.2% -8.1% 40.9% 30.54%
2018 -12.1% -32.7% -2.2% 20.51%
2017 6.3% -5.1% 26.9% 87.29%
2016 17.3% -2.5% 29.0% 46.02%
2015 N/A -29.2% 5.0% N/A

NAV & Total Return History


ATVIX - Holdings

Concentration Analysis

ATVIX Category Low Category High ATVIX % Rank
Net Assets 17.8 M 5.01 M 23.2 B 95.04%
Number of Holdings 3 3 2412 99.76%
Net Assets in Top 10 16.3 M 471 K 7.51 B 79.91%
Weighting of Top 10 99.72% 4.8% 100.0% 0.71%

Top 10 Holdings

  1. iShares Russell 2000 ETF 99.03%
  2. Goldman Sachs FS Government Instl 0.69%

Asset Allocation

Weighting Return Low Return High ATVIX % Rank
Stocks
98.91% 0.00% 100.20% 39.72%
Cash
1.09% -0.20% 22.76% 58.39%
Preferred Stocks
0.00% 0.00% 6.14% 95.04%
Other
0.00% 0.00% 4.67% 95.27%
Convertible Bonds
0.00% 0.00% 2.04% 94.80%
Bonds
0.00% 0.00% 96.66% 96.45%

Stock Sector Breakdown

Weighting Return Low Return High ATVIX % Rank
Healthcare
20.02% 0.00% 38.47% 2.36%
Industrials
15.52% 0.00% 31.31% 59.57%
Technology
14.52% 0.00% 28.41% 9.22%
Financial Services
14.27% 0.00% 52.90% 83.22%
Consumer Cyclical
11.30% 0.00% 36.07% 62.65%
Real Estate
8.19% 0.00% 33.60% 47.75%
Consumer Defense
4.03% 0.00% 23.90% 76.36%
Basic Materials
3.79% 0.00% 20.81% 75.18%
Utilities
3.30% 0.00% 20.47% 78.25%
Communication Services
2.86% 0.00% 25.27% 38.77%
Energy
2.20% 0.00% 28.28% 73.52%

Stock Geographic Breakdown

Weighting Return Low Return High ATVIX % Rank
US
98.15% 0.00% 100.00% 21.04%
Non US
0.76% 0.00% 69.95% 80.14%

ATVIX - Expenses

Operational Fees

ATVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.65% 0.01% 43.95% 2.93%
Management Fee 1.00% 0.00% 1.25% 97.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

ATVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ATVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

ATVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 96.00% 4.00% 322.00% 90.45%

ATVIX - Distributions

Dividend Yield Analysis

ATVIX Category Low Category High ATVIX % Rank
Dividend Yield 0.00% 0.00% 10.46% 95.98%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ATVIX Category Low Category High ATVIX % Rank
Net Income Ratio 0.73% -1.16% 4.83% 73.68%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ATVIX - Fund Manager Analysis

Managers

C. Thomas Howard


Start Date

Tenure

Tenure Rank

Aug 29, 2016

4.18

4.2%

Dr. Howard founded AthenaInvest Advisors, LLC in 2005 and currently serves as Chief Executive Officer, Director of Research, and Chief Investment Officer. Dr. Howard’s responsibilities include conducting the basic research underlying the Sub-Advisor’s investment processes; structuring and monitoring investment portfolios; and making all buy and sell decisions. Dr. Howard is a Professor Emeritus at the Reiman School of Finance, Daniels College of Business, University of Denver, where for over 30 years he taught courses and published articles in the areas of investment management and international finance. After receiving a BS in Mechanical Engineering at the University of Idaho, Dr. Howard worked for three years for Proctor Gamble as a production and warehouse manager. Dr. Howard then entered Oregon State University, where he received an MS in Management Science after which he received a Ph.D. in Finance from the University of Washington.

Andrew Howard


Start Date

Tenure

Tenure Rank

Aug 29, 2016

4.18

4.2%

Andrew C. Howard is Vice President of Athena Invest. Mr. Howard joined Athena in October 2006. Mr. Howard designed, developed and implemented the company’s patented stock and mutual fund research database. Mr. Howard is co-portfolio manager and research analyst on all Athena portfolios with his father professor C. Thomas Howard, PhD. Mr. Howard also trades all Athena portfolios across multiple models and platforms. Prior to joining Athena, Mr. Howard was a software development consultant to Fortune 500 firms. Mr. Howard spent the first years of his career as a corporate financial analyst with Sony Online Entertainment, Leica Geosystems, and Storage Tek. Mr. Howard earned his BS in Finance in 1999 from the Daniels College of Business at the University of Denver, where he was a Chancellor’s Scholar.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 34.01 7.56 9.34