Counterpoint Long-Short Equity A
Name
As of 02/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-4.1%
1 yr return
-26.6%
3 Yr Avg Return
-12.7%
5 Yr Avg Return
N/A
Net Assets
$62.1 K
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.05%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 318.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CPQAX - Profile
Distributions
- YTD Total Return -4.1%
- 3 Yr Annualized Total Return -14.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameCounterpoint Long-Short Equity Fund
-
Fund Family NameCounterpoint Mutual Funds
-
Inception DateOct 04, 2017
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Krause
Fund Description
CPQAX - Performance
Return Ranking - Trailing
Period | CPQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -21.0% | 19.1% | 96.65% |
1 Yr | -26.6% | -33.8% | 82.4% | 98.06% |
3 Yr | -12.7%* | -18.5% | 28.6% | 98.45% |
5 Yr | N/A* | -8.1% | 17.4% | N/A |
10 Yr | N/A* | -0.3% | 9.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | CPQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.6% | -47.6% | 88.4% | 95.10% |
2022 | 1.0% | -12.2% | 37.8% | 90.21% |
2021 | -7.5% | -41.4% | 12.7% | 40.00% |
2020 | N/A | -67.1% | 21.9% | N/A |
2019 | N/A | -17.3% | 25.3% | N/A |
Total Return Ranking - Trailing
Period | CPQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -21.0% | 19.2% | 96.65% |
1 Yr | -30.8% | -37.2% | 82.4% | 98.54% |
3 Yr | -14.4%* | -19.5% | 28.6% | 98.45% |
5 Yr | N/A* | -8.5% | 17.4% | N/A |
10 Yr | N/A* | -0.3% | 9.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CPQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.6% | -47.6% | 88.4% | 95.10% |
2022 | 1.0% | -12.2% | 37.8% | 90.21% |
2021 | -7.5% | -23.0% | 12.7% | 54.05% |
2020 | N/A | -3.6% | 25.0% | N/A |
2019 | N/A | -15.5% | 25.3% | N/A |
NAV & Total Return History
CPQAX - Holdings
Concentration Analysis
CPQAX | Category Low | Category High | CPQAX % Rank | |
---|---|---|---|---|
Net Assets | 62.1 K | 0 | 4.24 B | 99.52% |
Number of Holdings | 270 | 3 | 2569 | 20.77% |
Net Assets in Top 10 | 712 K | -700 K | 734 M | 98.55% |
Weighting of Top 10 | N/A | 1.5% | 100.0% | 1.47% |
Top 10 Holdings
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
- Ctls-Spy Swap 52.49%
Asset Allocation
Weighting | Return Low | Return High | CPQAX % Rank | |
---|---|---|---|---|
Stocks | 62.14% | -8.00% | 112.99% | 63.16% |
Bonds | 35.01% | -19.57% | 152.17% | 3.35% |
Cash | 26.09% | -140.68% | 108.00% | 51.69% |
Preferred Stocks | 0.00% | 0.00% | 12.07% | 88.41% |
Convertible Bonds | 0.00% | 0.00% | 3.58% | 88.89% |
Other | -23.25% | -23.25% | 33.45% | 99.52% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CPQAX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 26.33% | 0.00% | 81.85% | 2.55% |
Technology | 21.87% | 0.00% | 43.72% | 35.71% |
Industrials | 17.94% | 0.00% | 40.06% | 10.20% |
Financial Services | 13.87% | 0.00% | 74.14% | 39.80% |
Communication Services | 6.43% | 0.00% | 27.67% | 67.35% |
Basic Materials | 3.95% | 0.00% | 17.64% | 42.35% |
Energy | 3.88% | 0.00% | 12.43% | 13.78% |
Consumer Defense | 3.64% | 0.00% | 41.35% | 79.08% |
Real Estate | 0.79% | 0.00% | 26.19% | 68.88% |
Utilities | 0.69% | 0.00% | 22.78% | 64.29% |
Healthcare | 0.61% | 0.00% | 97.72% | 98.47% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CPQAX % Rank | |
---|---|---|---|---|
US | 56.51% | -29.89% | 112.39% | 58.94% |
Non US | 5.63% | -2.05% | 67.09% | 47.34% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CPQAX % Rank | |
---|---|---|---|---|
Government | 57.31% | 0.00% | 83.22% | 2.90% |
Cash & Equivalents | 42.69% | 0.00% | 100.00% | 90.82% |
Derivative | 0.00% | 0.00% | 56.26% | 87.92% |
Securitized | 0.00% | 0.00% | 18.18% | 88.89% |
Corporate | 0.00% | 0.00% | 100.00% | 91.30% |
Municipal | 0.00% | 0.00% | 4.67% | 87.44% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CPQAX % Rank | |
---|---|---|---|---|
US | 35.01% | -3.48% | 152.17% | 5.31% |
Non US | 0.00% | -142.58% | 5.95% | 88.41% |
CPQAX - Expenses
Operational Fees
CPQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.05% | 0.39% | 12.79% | 20.87% |
Management Fee | 1.25% | 0.00% | 2.25% | 67.62% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 63.71% |
Administrative Fee | N/A | 0.03% | 1.47% | N/A |
Sales Fees
CPQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.50% | 5.75% | 36.11% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
CPQAX 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.
CPQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 318.00% | 0.00% | 498.00% | 89.20% |
CPQAX - Distributions
Dividend Yield Analysis
CPQAX | Category Low | Category High | CPQAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.56% | 90.00% |
Dividend Distribution Analysis
CPQAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
CPQAX | Category Low | Category High | CPQAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.46% | -2.65% | 3.99% | 60.19% |
Capital Gain Distribution Analysis
CPQAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
CPQAX - Fund Manager Analysis
Managers
Michael Krause
Start Date
Tenure
Tenure Rank
Oct 04, 2017
3.33
3.3%
Michael Krause is a co-founder of Counterpoint Mutual Funds, LLC. Prior to founding Counterpoint Mutual Funds, LLC in 2014, Mr. Krause co-founded Counterpoint Asset Management, LLC in 2012 to offer quantitative investment strategies to investment clients. Mr. Krause served as a senior financial risk analyst for San Diego Gas & Electric from 2012 until 2014. Mr. Krause is a CFA® charter holder. He obtained an MBA from the Rady School of Management at the University of California at San Diego in 2012 and a Bachelor of Arts in Economics from San Diego State University. Prior to attending San Diego State University, Mr. Krause worked as a computer and information technology consultant and co-founded Exchange Network Services, Inc., an internet service provider, which earned him the Ernst and Young Entrepreneur of the Year, Northeast Ohio regional award in 1998.
Joseph Engelberg
Start Date
Tenure
Tenure Rank
Oct 04, 2017
3.33
3.3%
Joseph Engelberg has served as Chief Research Officer of Counterpoint Mutual Funds, LLC since 2015. Dr. Engelberg has also been an Associate Professor of Finance at University California San Diego, Rady School of Management since 2011. Prior to joining Counterpoint Mutual Funds, LLC, Dr. Engelberg co-founded Counterpoint Asset Management, LLC in 2012. From 2008 to 2011, Dr. Engelberg was an Assistant Professor of Finance at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He earned his Ph.D. in Finance from the Kellogg School of Management at Northwestern University and earned his B.A. in Mathematics and B.S. in Business Administration from the University of Southern California.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 22.22 | 5.79 | 6.6 |