BTPIX: Salient Tactical Plus Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.34

-

-

$0.14

1.23%

Vitals

YTD Return

3.9%

1 yr return

2.8%

3 Yr Avg Return

7.1%

5 Yr Avg Return

7.6%

Net Assets

$71 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$12.31
$11.72
$12.64

Expenses

OPERATING FEES

Expense Ratio 1.23%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Long-Short Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.34

-

-

$0.14

1.23%

BTPIX - Profile

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Salient Tactical Plus Fund
  • Fund Family Name
    Salient Funds
  • Inception Date
    Dec 31, 2012
  • Shares Outstanding
    3096105
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Guptill

Fund Description

The fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities. These instruments generally include futures and options on securities, securities indices and shares of exchange-traded funds ("ETFs").


BTPIX - Performance

Return Ranking - Trailing

Period BTPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -24.6% 35.6% 72.41%
1 Yr 2.8% -17.9% 67.9% 87.13%
3 Yr 7.1%* -10.3% 22.3% 41.94%
5 Yr 7.6%* -4.9% 20.5% 45.56%
10 Yr N/A* -5.8% 12.0% N/A

* Annualized

Return Ranking - Calendar

Period BTPIX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -47.6% 88.4% 55.38%
2019 1.3% -20.3% 62.6% 86.56%
2018 -0.2% -53.1% 12.7% 9.60%
2017 0.3% -67.1% 21.9% 85.89%
2016 1.8% -17.3% 25.3% 54.35%

Total Return Ranking - Trailing

Period BTPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -24.6% 35.6% 71.92%
1 Yr 2.8% -17.9% 67.9% 85.15%
3 Yr 7.1%* -11.4% 22.3% 38.71%
5 Yr 7.6%* -5.4% 20.5% 43.79%
10 Yr N/A* -5.8% 12.0% N/A

* Annualized

Total Return Ranking - Calendar

Period BTPIX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -47.6% 88.4% 55.38%
2019 1.3% -20.3% 62.6% 86.56%
2018 -0.2% -53.1% 12.7% 13.56%
2017 0.3% -12.7% 24.8% 92.64%
2016 6.0% -15.5% 25.3% 26.81%

NAV & Total Return History


BTPIX - Holdings

Concentration Analysis

BTPIX Category Low Category High BTPIX % Rank
Net Assets 71 M 0 5.19 B 57.97%
Number of Holdings 6 3 3156 95.10%
Net Assets in Top 10 73.2 M -87.9 M 765 M 26.96%
Weighting of Top 10 N/A 4.8% 100.0% 4.71%

Top 10 Holdings

  1. Fidelity® Inv MM Fds Government Instl 47.56%
  2. E-mini Nasdaq 100 Future Sept 20 0.72%
  3. E-mini Nasdaq 100 Future Sept 20 0.72%
  4. E-mini Nasdaq 100 Future Sept 20 0.70%
  5. E-mini Nasdaq 100 Future Sept 20 0.70%
  6. E-mini Nasdaq 100 Future Sept 20 0.70%
  7. E-mini Nasdaq 100 Future Sept 20 0.70%
  8. E-mini Nasdaq 100 Future Sept 20 0.70%
  9. E-mini Nasdaq 100 Future Sept 20 0.70%
  10. E-mini Nasdaq 100 Future Sept 20 0.70%

Asset Allocation

Weighting Return Low Return High BTPIX % Rank
Stocks
52.50% -17.84% 113.92% 76.21%
Cash
47.50% -140.68% 117.83% 22.06%
Preferred Stocks
0.00% -0.01% 8.88% 89.71%
Other
0.00% -16.93% 36.41% 78.43%
Convertible Bonds
0.00% 0.00% 3.02% 91.67%
Bonds
0.00% -0.70% 152.17% 89.32%

Stock Sector Breakdown

Weighting Return Low Return High BTPIX % Rank
Technology
24.63% 0.00% 48.18% 23.04%
Financial Services
13.88% 0.00% 74.33% 55.50%
Healthcare
13.52% 0.00% 100.00% 45.55%
Consumer Cyclical
11.74% 0.00% 83.72% 48.69%
Communication Services
11.24% 0.00% 29.68% 27.75%
Industrials
8.73% 0.00% 35.91% 71.73%
Consumer Defense
6.35% 0.00% 28.39% 49.74%
Real Estate
2.62% 0.00% 17.36% 30.37%
Energy
2.55% 0.00% 12.98% 39.27%
Utilities
2.48% 0.00% 23.92% 23.04%
Basic Materials
2.27% 0.00% 21.97% 62.30%

Stock Geographic Breakdown

Weighting Return Low Return High BTPIX % Rank
US
51.97% -43.02% 113.00% 58.33%
Non US
0.53% -31.09% 98.73% 78.43%

BTPIX - Expenses

Operational Fees

BTPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.23% 0.40% 12.79% 86.47%
Management Fee 1.45% 0.00% 2.50% 78.74%
12b-1 Fee N/A 0.00% 1.00% 12.53%
Administrative Fee N/A 0.03% 1.54% N/A

Sales Fees

BTPIX 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% 4.00% N/A

Trading Fees

BTPIX 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.

BTPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 498.00% 100.00%

BTPIX - Distributions

Dividend Yield Analysis

BTPIX Category Low Category High BTPIX % Rank
Dividend Yield 0.00% 0.00% 1.80% 91.79%

Dividend Distribution Analysis

BTPIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

BTPIX Category Low Category High BTPIX % Rank
Net Income Ratio -0.46% -3.33% 2.81% 48.24%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

BTPIX - Fund Manager Analysis

Managers

Christopher Guptill


Start Date

Tenure

Tenure Rank

Dec 31, 2012

8.67

8.7%

Mr. Guptill is the Founder and serves as the Co-Chief Executive Officer and Chief Investment Officer at Broadmark Asset Management. Mr. Guptill began his career in 1979 at Paine, Webber, Jackson & Curtis. In 1994 Mr. Guptill joined McKinley Capital Management, as a Senior Portfolio Manager. He later became the firm's Chief Equity Strategist. Additionally, Mr. Guptill developed, launched and co-managed the firm's highly successful alternative investment portfolios. Mr. Guptill is a graduate of California State University, Chico with a B.A. in Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.8 5.82 7.18