Emerald Select trueLiberty Income A
Name
As of 01/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-10.3%
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.27 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 439.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ESTAX - Profile
Distributions
- YTD Total Return -10.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.92%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEmerald Select trueLiberty Income Fund
-
Fund Family NameEmerald
-
Inception DateJan 02, 2020
-
Shares Outstanding12728
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMathew Jensen
Fund Description
ESTAX - Performance
Return Ranking - Trailing
Period | ESTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.3% | -10.3% | 13.1% | 100.00% |
1 Yr | N/A | -84.4% | 37.6% | N/A |
3 Yr | N/A* | -47.9% | 6.9% | N/A |
5 Yr | N/A* | -30.0% | 7.3% | N/A |
10 Yr | N/A* | -24.5% | 5.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | ESTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -64.4% | 319.9% | N/A |
2022 | N/A | -87.2% | 18.9% | N/A |
2021 | N/A | -41.7% | -10.9% | N/A |
2020 | N/A | -59.9% | -1.4% | N/A |
2019 | N/A | -10.3% | 459.2% | N/A |
Total Return Ranking - Trailing
Period | ESTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.3% | -10.3% | 13.1% | 100.00% |
1 Yr | N/A | -84.4% | 37.6% | N/A |
3 Yr | N/A* | -47.9% | 6.9% | N/A |
5 Yr | N/A* | -30.0% | 7.3% | N/A |
10 Yr | N/A* | -24.5% | 5.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ESTAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -64.4% | 215.7% | N/A |
2022 | N/A | -87.2% | 18.9% | N/A |
2021 | N/A | -41.7% | -9.4% | N/A |
2020 | N/A | -59.9% | 0.4% | N/A |
2019 | N/A | -10.3% | 65.5% | N/A |
NAV & Total Return History
ESTAX - Holdings
Concentration Analysis
ESTAX | Category Low | Category High | ESTAX % Rank | |
---|---|---|---|---|
Net Assets | 1.27 M | 1.27 M | 4.17 B | 100.00% |
Number of Holdings | 26 | 16 | 154 | 80.31% |
Net Assets in Top 10 | 353 K | 353 K | 3.28 B | 100.00% |
Weighting of Top 10 | N/A | 35.8% | 95.0% | N/A |
Top 10 Holdings
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
- Alerian MLP Infrastructure Index 91.54%
Asset Allocation
Weighting | Return Low | Return High | ESTAX % Rank | |
---|---|---|---|---|
Cash | 67.46% | -43.94% | 67.46% | 1.57% |
Stocks | 32.54% | 32.54% | 143.94% | 100.00% |
Preferred Stocks | 0.00% | 0.00% | 11.20% | 65.35% |
Other | 0.00% | -49.86% | 15.37% | 59.06% |
Convertible Bonds | 0.00% | 0.00% | 9.17% | 59.06% |
Bonds | 0.00% | 0.00% | 73.50% | 61.42% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ESTAX % Rank | |
---|---|---|---|---|
Energy | 100.00% | 16.11% | 100.00% | 8.66% |
Utilities | 0.00% | 0.00% | 56.21% | 88.98% |
Technology | 0.00% | 0.00% | 18.83% | 61.42% |
Real Estate | 0.00% | 0.00% | 17.61% | 59.84% |
Industrials | 0.00% | 0.00% | 7.68% | 68.50% |
Healthcare | 0.00% | 0.00% | 0.00% | 58.27% |
Financial Services | 0.00% | 0.00% | 5.84% | 59.84% |
Communication Services | 0.00% | 0.00% | 4.72% | 59.06% |
Consumer Defense | 0.00% | 0.00% | 0.52% | 58.27% |
Consumer Cyclical | 0.00% | 0.00% | 3.95% | 59.06% |
Basic Materials | 0.00% | 0.00% | 7.05% | 76.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ESTAX % Rank | |
---|---|---|---|---|
US | 32.54% | 32.54% | 143.94% | 100.00% |
Non US | 0.00% | 0.00% | 47.08% | 95.28% |
ESTAX - Expenses
Operational Fees
ESTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.40% | 45.48% | N/A |
Management Fee | 0.68% | 0.00% | 2.64% | 5.56% |
12b-1 Fee | 0.35% | 0.00% | 1.00% | 58.73% |
Administrative Fee | N/A | 0.04% | 0.25% | N/A |
Sales Fees
ESTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 4.50% | 5.75% | 91.67% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
ESTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
ESTAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 439.00% | 13.00% | 439.00% | 100.00% |
ESTAX - Distributions
Dividend Yield Analysis
ESTAX | Category Low | Category High | ESTAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.07% | 9.66% |
Dividend Distribution Analysis
ESTAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
ESTAX | Category Low | Category High | ESTAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.92% | -49.00% | 5.74% | 14.84% |
Capital Gain Distribution Analysis
ESTAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
ESTAX - Fund Manager Analysis
Managers
Mathew Jensen
Start Date
Tenure
Tenure Rank
Jan 02, 2020
1.0
1.0%
Mr. Jensen, CFA is Portfolio Manager and Chief Operating Officer at Liberty Cove (2019-present). Previous to Liberty Cove, he was Senior Vice President and Director of Research and Development at Fidelity Investments where he led investment research for multi-asset-class funds (2012-2018). Prior to this he held investment product and business leadership roles in the global equity organization at Wellington Management Company (1999-2012). Mathew received his M.B.A. from Cornell University and Queen's University, and a B.S. in Finance from Northeastern University, and currently teaches courses in risk management and business computing at Endicott College.
Brian Chen
Start Date
Tenure
Tenure Rank
Jan 02, 2020
1.0
1.0%
Dr.Chen is a Principal and Portfolio Manager at Liberty Cove (2016 - present).Prior to Liberty Cove, Dr.Chen was Head of Research and Portfolio Manager at several hedge fund and mutual fund companies, managing multi-asset and liquid alternatives strategies (2003 - 2015).Dr.Chen received a Ph.D.and a S.M.in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology and a B.S.E.in Electrical Engineering from the University of Michigan.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.2 | 16.85 | 6.66 | 10.76 |