Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$19.9 M
Holdings in Top 10
35.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.26%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DHQCX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.34%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDay Hagan Smart Value Fund
-
Fund Family NameMutual Fund Series Trust
-
Inception DateJul 01, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDonald Hagan
Fund Description
The Fund seeks to achieve its investment objectives by investing primarily in the equity securities of dividend paying domestic companies that the Fund’s advisor, Donald L. Hagan LLC, dba Day Hagan Asset Management (the “Advisor”), believes to be undervalued based on its proprietary equity selection model. While the Fund may invest in companies of any market capitalization without limitation, the Advisor expects that, under normal market conditions, its equity selection model will create a portfolio focused on large capitalization companies. The equity securities in which the Fund may invest include common stock and real estate investment trusts (“REITs”). To the extent the Fund does not invest in equity securities, the Advisor may utilize money market funds and/or exchange-traded funds (“ETFs”) that primarily hold investment grade, short term, fixed income securities to generate income and preserve capital.
The Advisor selects securities using its proprietary equity selection model. The Advisor believes that purchasing securities of strong companies within strong sectors provides a higher probability of success. The Fund's holdings are determined by screening companies for measures of balance sheet strength and fundamental soundness.
The Advisor then classifies the companies selected by the screening process into sectors based on their primary business activities. The Advisor believes that stocks within the same sector often rise and fall as a group because similar overlying economic and valuation factors exist for all members of a sector. Additionally, the Advisor determines whether each sector has an adequate number of underlying companies that pass the screening process.
The Advisor next evaluates the relative attractiveness of those sectors by using its proprietary selection model which uses historical adjusted cash flow data. When a sector is paying a historically high adjusted cash flow yield, the sector, and the companies in that sector, are considered by the Advisor to be priced at an attractive value. Conversely, when a sector has a historically low adjusted cash flow yield, the Advisor believes the sector, and the companies in that sector, are priced too high and are unattractive.
The Advisor’s investment model is based on the belief that adjusted cash flow metrics provide a historically objective and controlled means of valuation. The research process utilizes a "weight-of-the-evidence" approach, which is designed to provide a historically-based perspective on current risks and rewards. The process provides the flexibility to seize opportunities in the marketplace in a rational, quantitative and unemotional manner.
DHQCX - Performance
Return Ranking - Trailing
Period | DHQCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -10.5% | 17.5% | 99.74% |
1 Yr | N/A | -11.7% | 33.1% | 89.41% |
3 Yr | N/A* | -3.3% | 33.4% | 73.86% |
5 Yr | N/A* | -0.4% | 44.2% | 92.57% |
10 Yr | N/A* | 1.2% | 24.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | DHQCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.7% | -24.9% | 46.1% | 96.04% |
2022 | -11.4% | -65.1% | 4.6% | 43.47% |
2021 | 32.7% | -44.2% | 57.5% | 1.71% |
2020 | -3.0% | -23.2% | 285.0% | 71.43% |
2019 | 14.5% | -21.4% | 48.5% | 80.15% |
Total Return Ranking - Trailing
Period | DHQCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -10.5% | 17.5% | 99.74% |
1 Yr | N/A | -11.7% | 33.1% | 89.41% |
3 Yr | N/A* | -3.3% | 33.4% | 73.86% |
5 Yr | N/A* | -0.4% | 44.2% | 92.57% |
10 Yr | N/A* | 1.2% | 24.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DHQCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.1% | -15.9% | 46.7% | 67.01% |
2022 | -7.4% | -42.0% | 8.5% | 66.78% |
2021 | 33.2% | 3.6% | 129.7% | 4.59% |
2020 | -2.5% | -22.6% | 304.8% | 90.32% |
2019 | 15.6% | -12.7% | 52.1% | 98.58% |
NAV & Total Return History
DHQCX - Holdings
Concentration Analysis
DHQCX | Category Low | Category High | DHQCX % Rank | |
---|---|---|---|---|
Net Assets | 19.9 M | 93 | 144 B | 94.91% |
Number of Holdings | 43 | 2 | 1689 | 85.02% |
Net Assets in Top 10 | 7.09 M | 405 K | 33.9 B | 95.23% |
Weighting of Top 10 | 35.20% | 5.6% | 99.9% | 24.81% |
Top 10 Holdings
- US BANK MMDA-USBGFS 5 7.38%
- FEDEX CORP 3.72%
- ZOETIS INC 3.53%
- IBM 3.17%
- LOWE'S COS INC 3.07%
- BANK OF AMERICA 3.05%
- MASCO CORP 2.94%
- AMGEN INC 2.94%
- SEI INVESTMENTS 2.82%
- PNC FINANCIAL SE 2.60%
Asset Allocation
Weighting | Return Low | Return High | DHQCX % Rank | |
---|---|---|---|---|
Stocks | 92.44% | 1.86% | 108.42% | 92.85% |
Cash | 7.56% | -0.79% | 38.18% | 5.02% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 14.55% |
Other | 0.00% | -3.53% | 39.72% | 28.09% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 9.47% |
Bonds | 0.00% | -0.71% | 73.23% | 12.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DHQCX % Rank | |
---|---|---|---|---|
Financial Services | 25.44% | 0.00% | 58.05% | 9.51% |
Healthcare | 16.66% | 0.00% | 30.08% | 59.38% |
Technology | 11.18% | 0.00% | 54.02% | 43.27% |
Industrials | 9.40% | 0.00% | 42.76% | 73.18% |
Energy | 8.49% | 0.00% | 54.00% | 36.16% |
Communication Services | 8.29% | 0.00% | 26.58% | 15.08% |
Consumer Cyclical | 6.50% | 0.00% | 22.74% | 40.10% |
Utilities | 4.57% | 0.00% | 27.04% | 47.04% |
Basic Materials | 3.85% | 0.00% | 21.69% | 38.47% |
Consumer Defense | 2.82% | 0.00% | 34.10% | 92.80% |
Real Estate | 2.79% | 0.00% | 90.54% | 47.90% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DHQCX % Rank | |
---|---|---|---|---|
US | 92.44% | 1.86% | 108.42% | 80.00% |
Non US | 0.00% | 0.00% | 27.89% | 38.98% |
DHQCX - Expenses
Operational Fees
DHQCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.26% | 0.01% | 17.54% | 1.54% |
Management Fee | 1.00% | 0.00% | 1.50% | 96.43% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 81.01% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
DHQCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
DHQCX 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.
DHQCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 488.00% | 74.50% |
DHQCX - Distributions
Dividend Yield Analysis
DHQCX | Category Low | Category High | DHQCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.86% | 0.00% | 38.25% | 70.97% |
Dividend Distribution Analysis
DHQCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
DHQCX | Category Low | Category High | DHQCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.34% | -1.51% | 4.28% | 91.29% |
Capital Gain Distribution Analysis
DHQCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 25, 2024 | $0.094 | OrdinaryDividend |
Sep 29, 2023 | $0.034 | OrdinaryDividend |
Jun 30, 2023 | $0.027 | OrdinaryDividend |
Mar 31, 2023 | $0.018 | OrdinaryDividend |
Sep 30, 2022 | $0.006 | OrdinaryDividend |
Jun 30, 2022 | $0.026 | OrdinaryDividend |
Mar 31, 2022 | $0.007 | OrdinaryDividend |
Dec 17, 2021 | $0.006 | OrdinaryDividend |
Sep 29, 2021 | $0.015 | OrdinaryDividend |
Jun 29, 2021 | $0.011 | OrdinaryDividend |
Mar 30, 2021 | $0.014 | OrdinaryDividend |
Dec 17, 2020 | $0.023 | OrdinaryDividend |
Sep 29, 2020 | $0.005 | OrdinaryDividend |
Jun 29, 2020 | $0.014 | OrdinaryDividend |
Mar 30, 2020 | $0.007 | OrdinaryDividend |
Dec 17, 2019 | $0.011 | OrdinaryDividend |
Sep 27, 2019 | $0.025 | OrdinaryDividend |
Jun 27, 2019 | $0.024 | OrdinaryDividend |
Mar 28, 2019 | $0.005 | OrdinaryDividend |
Dec 18, 2018 | $0.030 | OrdinaryDividend |
Sep 27, 2018 | $0.009 | OrdinaryDividend |
Dec 19, 2017 | $0.005 | OrdinaryDividend |
Jun 29, 2017 | $0.008 | OrdinaryDividend |
Dec 20, 2016 | $0.006 | OrdinaryDividend |
DHQCX - Fund Manager Analysis
Managers
Donald Hagan
Start Date
Tenure
Tenure Rank
Dec 31, 2017
4.42
4.4%
Prior to founding the firm, Don was Senior Vice President and Senior Portfolio Manager for Wells Fargo Bank’s PCS. During his tenure with Wells Fargo, Don concurrently served on Wells Fargo’s National Asset Allocation Committee and National Investment Policy Committees. Don’s role included directing wealth planning initiatives, asset allocation and investment strategy for Wells Fargo’s national PCS division. He also served as one of the members of the Investment Management Committee for Wells Fargo’s flagship equity portfolio, Signature Core. Prior to Wells Fargo, Don served as Director of Research and Portfolio Manager for Securities Corporation of Iowa (SCI). Don directed research, allocation, investments and strategy for the firm. He served as Portfolio Manager for the SCI Traditional Value Equity, Blue Chip Bellwether Growth, Industry Select and Tactical Balanced investment strategies. SCI was acquired by Wells Fargo in early 2001. Prior to being recruited as Director of Research for SCI, Don was Chief Sector Analyst and Editor for Ned Davis Research, Inc., one of the largest independent research organizations in the world. Don provided research and recommendations to institutional clients both national and international. Don has conducted research and developed decision-based asset allocation and individual stock buy/sell programs at the institutional level since 1988. From 1989 through 1996, Don also served as editor for the following institutional research periodicals: Industry Watch, Group Update, Techno-Fundamental Ranks, and Top 30 Picks. Don has been quoted in several financial publications including the Wall Street Journal, Barron’s, Atlanta Constitution, and USA Today. He is a frequent speaker at investment conferences and on radio programs.
Regan Teague
Start Date
Tenure
Tenure Rank
Oct 08, 2021
0.64
0.6%
Regan is a graduate of Ashland University (Ohio). During his college career, Regan interned with Day Hagan in the summer of 2009 and was a member of the Eagle Investment Group – a team of senior finance students that managed part of the school’s endowment fund. Regan joined the Day Hagan team full-time in April of 2012. Regan is a portfolio manager and analyst for all of Day Hagan’s proprietary strategies. He is currently pursuing his Chartered Financial Analyst (CFA) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.0 | 16.42 |