COGMX: AXS Market Neutral Fund - MutualFunds.com
Continue to site >
Trending ETFs

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

Cognios Market Neutral Large Cap Inv

COGMX - Snapshot

Vitals

  • YTD Return 0.8%
  • 3 Yr Annualized Return -1.3%
  • 5 Yr Annualized Return -0.9%
  • Net Assets $13.8 M
  • Holdings in Top 10 15.8%

52 WEEK LOW AND HIGH

$9.80
$9.31
$10.47

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.86%

SALES FEES

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

BROKERAGE FEES

  • Turnover 137.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Market Neutral

Compare COGMX to Popular Market Neutral Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.37

+0.07%

$12.65 B

-

$0.05

2.06%

1.21%

$10.15

+0.30%

$7.26 B

0.00%

$0.00

1.60%

1.27%

$17.70

+0.23%

$3.93 B

0.72%

$0.13

1.55%

1.51%

$13.04

+0.23%

$1.54 B

-

$0.00

2.27%

1.66%

$9.33

+0.43%

$1.09 B

0.65%

$0.06

6.02%

0.96%

COGMX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return -0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AXS Market Neutral Fund
  • Fund Family Name
    Cognios
  • Inception Date
    Dec 31, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Machtley

Fund Description

The fund seeks to achieve its investment objective by balancing "long" and "short" positions. To do this, it will buy (take long positions in) equity securities of U.S. companies that the fund’s sub-advisor believes are undervalued and more likely to appreciate and, at the same time, borrow and then sell (take short positions in) equity securities of U.S. companies that the Sub-Advisor believes are likely to underperform the long positions over time.


COGMX - Performance

Return Ranking - Trailing

Period COGMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -10.1% 15.7% 79.21%
1 Yr -2.8% -33.0% 41.7% 82.69%
3 Yr -1.3%* -10.5% 13.4% 70.71%
5 Yr -0.9%* -4.8% 11.1% 76.19%
10 Yr N/A* -4.6% 7.6% N/A

* Annualized

Return Ranking - Calendar

Period COGMX Return Category Return Low Category Return High Rank in Category (%)
2020 -4.6% -31.7% 23.2% 73.74%
2019 -1.0% -20.7% 10.7% 60.20%
2018 N/A -12.4% 14.7% N/A
2017 N/A -13.2% 12.9% N/A
2016 N/A -11.7% 7.9% N/A

Total Return Ranking - Trailing

Period COGMX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -10.1% 15.7% 79.21%
1 Yr -2.8% -33.0% 41.7% 81.73%
3 Yr -1.3%* -10.5% 13.4% 70.71%
5 Yr -0.9%* -4.8% 11.1% 75.00%
10 Yr N/A* -4.6% 7.6% N/A

* Annualized

Total Return Ranking - Calendar

Period COGMX Return Category Return Low Category Return High Rank in Category (%)
2020 -4.6% -31.7% 23.2% 73.74%
2019 -1.0% -20.7% 10.7% 60.20%
2018 N/A -12.4% 14.7% N/A
2017 N/A -12.7% 12.9% N/A
2016 N/A -11.5% 13.2% N/A

NAV & Total Return History


COGMX - Holdings

Concentration Analysis

COGMX Category Low Category High COGMX % Rank
Net Assets 13.8 M 105 K 12.6 B 82.86%
Number of Holdings 228 5 2909 51.43%
Net Assets in Top 10 2.87 M -5.72 M 6.56 B 81.90%
Weighting of Top 10 15.75% 9.8% 96.1% 85.06%

Top 10 Holdings

  1. Akamai Technologies Inc 1.78%
  2. Oracle Corp 1.76%
  3. Regeneron Pharmaceuticals Inc 1.75%
  4. Bristol-Myers Squibb Company 1.75%
  5. Gilead Sciences Inc 1.75%
  6. McCormick & Co Inc Non-Voting 1.73%
  7. Dollar Tree Inc 1.73%
  8. Humana Inc 1.73%
  9. United Parcel Service Inc Class B 1.72%
  10. Conagra Brands Inc 1.72%

Asset Allocation

Weighting Return Low Return High COGMX % Rank
Cash
63.82% -225.56% 102.75% 32.38%
Stocks
36.18% -57.09% 325.56% 34.29%
Preferred Stocks
0.00% 0.00% 5.67% 40.00%
Other
0.00% -9.69% 43.69% 59.05%
Convertible Bonds
0.00% 0.00% 95.47% 51.43%
Bonds
0.00% -1.04% 63.30% 59.05%

Stock Sector Breakdown

Weighting Return Low Return High COGMX % Rank
Consumer Defense
30.58% 0.00% 30.58% 1.06%
Healthcare
20.06% 0.00% 26.40% 7.45%
Financial Services
13.38% 0.00% 98.37% 62.77%
Technology
10.65% 0.00% 100.00% 68.09%
Industrials
7.99% 0.00% 25.71% 70.21%
Utilities
5.42% 0.00% 66.28% 23.40%
Communication Services
5.39% 0.00% 33.72% 51.06%
Consumer Cyclical
3.95% 0.00% 29.06% 72.34%
Real Estate
1.32% 0.00% 93.91% 46.81%
Energy
1.25% 0.00% 53.30% 52.13%
Basic Materials
0.00% 0.00% 42.74% 85.11%

Stock Geographic Breakdown

Weighting Return Low Return High COGMX % Rank
US
36.24% -55.82% 325.56% 32.38%
Non US
-0.06% -7.09% 86.98% 73.33%

COGMX - Expenses

Operational Fees

COGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.86% 0.73% 9.52% 5.77%
Management Fee 1.40% 0.13% 1.65% 87.62%
12b-1 Fee 0.25% 0.00% 1.00% 35.00%
Administrative Fee N/A 0.06% 0.40% N/A

Sales Fees

COGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

COGMX 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.

COGMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 137.00% 30.00% 483.00% 34.44%

COGMX - Distributions

Dividend Yield Analysis

COGMX Category Low Category High COGMX % Rank
Dividend Yield 0.00% 0.00% 0.76% 23.81%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

COGMX Category Low Category High COGMX % Rank
Net Income Ratio -1.09% -2.49% 4.20% 84.62%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

COGMX - Fund Manager Analysis

Managers

Brian Machtley


Start Date

Tenure

Tenure Rank

Dec 31, 2012

8.25

8.3%

Mr. Machtley is a co-founder of Quantitative Value Technologies, LLC (d/b/a Cognios Capital). Prior to Quantitative Technologies, he was a co-founder and portfolio manager at Cognios Capital, LLC (founded in 2008) and was its Executive Vice President. Mr. Machtley was also a Managing Director at Brandmeyer Enterprises, a Single Family Office (from 2010-2019). Prior to this, Mr. Machtley was a Senior Analyst at Helzberg Angrist Capital, LLC, an investment manager (from 2007 – 2008), an Associate Portfolio Manager at the Discovery Group, a hedge fund company (from 2003 – 2007), and an Analyst at Houlihan Lokey, a global investment bank (from 2001 – 2003). Mr. Machtley received his B.S. in Business Administration with majors in Finance and Economics from Drake University.

Jonathan Angrist


Start Date

Tenure

Tenure Rank

Dec 31, 2012

8.25

8.3%

Prior to co-founding Cognios Capital, Mr. Angrist was a Co-Owner of and Portfolio Manager at Helzberg Angrist Capital (“HAC”), the predecessor firm to Cognios. HAC was an alternative asset investment firm specializing in deep value, long/short equity hedge fund management. Prior to HAC, Mr. Angrist was a Portfolio Manager for a mutual fund company, The Buffalo Funds, where he launched and managed the Buffalo Micro Cap Fund. Mr. Angrist also served as a Principal with the private equity firm Harvest Partners, Inc. in New York City. Prior to that he was a senior consultant for a leading, independent management consulting firm. Mr. Angrist’s educational background includes an MBA and a B.S. (Summa Cum Laude and Phi Beta Kappa) from Tulane University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.59 6.16 9.42