Arin Large Cap Theta Institutional
- AVOLX
- Price as of: Jan 15, 2021
-
$11.16
N/A N/A
- Primary Theme
- Options-based
- Fund Company
- Nottingham
- Share Class
AVOLX - Snapshot
Vitals
- YTD Return 0.4%
- 3 Yr Annualized Return 5.8%
- 5 Yr Annualized Return 4.6%
- Net Assets $156 M
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.71%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 456.80%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $25,000
- IRA N/A
Fund Classification
-
Primary Theme
Options-based
- Fund Type Open End Mutual Fund
- Investment Style Options-based
AVOLX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 5.8%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.11%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameArin Large Cap Theta Fund
-
Fund Family NameNottingham
-
Inception DateAug 14, 2013
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLawrence Lempert
Fund Description
The fund normally will invest at least 80% of net assets, plus borrowings for investment purposes, in a portfolio of securities whose value is based on companies with market capitalizations that qualify them as "large-cap" companies. The advisor considers a company to be a "large cap" company if its market capitalization is at least $10 billion.
AVOLX - Performance
Return Ranking - Trailing
Period | AVOLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -1.1% | 9.6% | 67.07% |
1 Yr | 22.4% | -26.5% | 28.6% | 2.23% |
3 Yr | 5.8%* | -13.4% | 18.1% | 43.95% |
5 Yr | 4.6%* | -5.4% | 15.8% | 77.12% |
10 Yr | N/A* | -5.2% | 13.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | AVOLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 16.1% | -34.1% | 904.0% | 4.50% |
2019 | 1.1% | -28.6% | 28.4% | 91.33% |
2018 | -8.7% | -93.5% | 8.2% | 45.52% |
2017 | 3.6% | -38.9% | 19.8% | 64.34% |
2016 | -3.7% | -10.9% | 12.8% | 84.47% |
Total Return Ranking - Trailing
Period | AVOLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -1.1% | 9.6% | 67.07% |
1 Yr | 22.4% | -26.5% | 28.6% | 1.79% |
3 Yr | 5.8%* | -13.4% | 18.1% | 40.13% |
5 Yr | 4.6%* | -5.8% | 15.8% | 74.58% |
10 Yr | N/A* | -5.2% | 13.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AVOLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 16.1% | -34.1% | 904.0% | 4.50% |
2019 | 1.1% | -5.9% | 28.4% | 91.91% |
2018 | -6.9% | -30.9% | 8.2% | 48.28% |
2017 | 5.4% | -23.4% | 19.8% | 76.74% |
2016 | 1.0% | -10.9% | 12.8% | 75.73% |
NAV & Total Return History
AVOLX - Holdings
Concentration Analysis
AVOLX | Category Low | Category High | AVOLX % Rank | |
---|---|---|---|---|
Net Assets | 156 M | 1.38 M | 14.4 B | 34.94% |
Number of Holdings | 17 | 1 | 509 | 55.02% |
Net Assets in Top 10 | 154 M | -3.82 M | 4.25 B | 19.28% |
Weighting of Top 10 | N/A | 13.7% | 100.0% | 12.46% |
Top 10 Holdings
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
- Option on S&P 500 PR 86.48%
Asset Allocation
Weighting | Return Low | Return High | AVOLX % Rank | |
---|---|---|---|---|
Stocks | 79.68% | -3.45% | 100.19% | 70.68% |
Cash | 20.33% | -28.61% | 100.11% | 22.09% |
Preferred Stocks | 0.00% | 0.00% | 5.20% | 89.56% |
Other | 0.00% | -5.49% | 74.19% | 90.36% |
Convertible Bonds | 0.00% | 0.00% | 27.25% | 90.36% |
Bonds | 0.00% | 0.00% | 97.55% | 92.77% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AVOLX % Rank | |
---|---|---|---|---|
Technology | 24.19% | 0.00% | 44.21% | 41.59% |
Healthcare | 13.55% | 0.00% | 29.45% | 61.50% |
Financial Services | 13.50% | 0.00% | 27.65% | 51.33% |
Consumer Cyclical | 12.50% | 0.00% | 19.03% | 32.74% |
Communication Services | 10.77% | 0.00% | 21.22% | 64.60% |
Industrials | 8.79% | 1.81% | 44.47% | 53.10% |
Consumer Defense | 6.97% | 0.00% | 26.50% | 76.55% |
Utilities | 2.76% | 0.00% | 14.20% | 70.35% |
Real Estate | 2.42% | 0.00% | 8.92% | 60.62% |
Energy | 2.28% | 0.00% | 65.73% | 69.47% |
Basic Materials | 2.27% | 0.00% | 64.14% | 60.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AVOLX % Rank | |
---|---|---|---|---|
US | 78.95% | -3.45% | 99.82% | 56.22% |
Non US | 0.73% | -0.07% | 99.01% | 70.68% |
AVOLX - Expenses
Operational Fees
AVOLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.20% | 6.78% | 92.86% |
Management Fee | 0.40% | 0.00% | 1.75% | 9.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | 13.89% |
Administrative Fee | 0.28% | 0.03% | 0.28% | 100.00% |
Sales Fees
AVOLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
AVOLX 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.
AVOLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 456.80% | 0.00% | 456.80% | 100.00% |
AVOLX - Distributions
Dividend Yield Analysis
AVOLX | Category Low | Category High | AVOLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.16% | 89.96% |
Dividend Distribution Analysis
AVOLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
AVOLX | Category Low | Category High | AVOLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.11% | -2.13% | 14.24% | 28.87% |
Capital Gain Distribution Analysis
AVOLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 29, 2019 | $0.024 |
Dec 31, 2018 | $0.035 |
Sep 28, 2018 | $0.031 |
Jun 29, 2018 | $0.037 |
Dec 29, 2017 | $0.000 |
Dec 31, 2013 | $0.013 |
AVOLX - Fund Manager Analysis
Managers
Lawrence Lempert
Start Date
Tenure
Tenure Rank
Aug 14, 2013
7.39
7.4%
Mr. Lempert has been the Trading Director of the Arin Risk Advisors, LLC since the firm's founding in 2009 and Chief Compliance Officer since 2011. Prior to joining the Arin, he founded and managed Bullock Capital, LLC's proprietary stock/option trading operation and previously served as a market maker/index/sector correlation and dispersion trader with Susquehanna International Group. Mr. Lempert earned a Bachelor of Science degree in Statistics and Economics from Rutgers College, a Juris Doctor from Villanova University School of Law, and a Master of Laws in Taxation from New York University School of Law.
Joseph DeSipio
Start Date
Tenure
Tenure Rank
Aug 14, 2013
7.39
7.4%
Mr. DeSipio is the co-founder and chief market strategist of the Arin Risk Advisors, LLC since the firm’s founding in 2009. He previously held strategist and lead portfolio manager positions with SEI Investments, Evergreen Investments, Wachovia, and Vector Capital Management, Inc. He founded Evergreen Investments’ Options Strategy Group in Philadelphia, Pennsylvania. Mr. DeSipio earned a Bachelor of Science degree from Indiana University of Pennsylvania and Master of Arts degree in Economics from Temple University. Mr. DeSipio is a CFA charterholder. He earned the right to use the Chartered Financial Analyst designation. He is a financial Risk Manager – Certified by the Global Association of Risk Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 19.52 | 3.74 | 5.42 |