Salient Tactical Growth Investor
Name
As of 11/18/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.7%
1 yr return
-13.0%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
-1.8%
Net Assets
$274 M
Holdings in Top 10
94.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 201.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/18/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFTGX - Profile
Distributions
- YTD Total Return -8.7%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameSalient Tactical Growth Fund
-
Fund Family NameSalient Funds
-
Inception DateSep 14, 2009
-
Shares Outstanding164502
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher Guptill
Fund Description
FFTGX - Performance
Return Ranking - Trailing
Period | FFTGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.7% | -51.8% | 44.8% | 62.37% |
1 Yr | -13.0% | -55.6% | 37.2% | 59.79% |
3 Yr | -1.3%* | -18.2% | 30.1% | 69.14% |
5 Yr | -1.8%* | -19.6% | 19.6% | 68.71% |
10 Yr | -0.1%* | -6.4% | 11.5% | 63.83% |
* Annualized
Return Ranking - Calendar
Period | FFTGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -40.0% | 54.1% | 56.99% |
2022 | 1.9% | -27.6% | 38.2% | 47.75% |
2021 | 1.8% | -11.7% | 17.6% | 69.82% |
2020 | -1.9% | -17.2% | 8.9% | 38.89% |
2019 | 0.7% | -19.9% | 17.2% | 75.50% |
Total Return Ranking - Trailing
Period | FFTGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.7% | -51.8% | 44.8% | 60.31% |
1 Yr | -13.0% | -55.6% | 37.2% | 59.79% |
3 Yr | -1.3%* | -18.2% | 30.1% | 69.14% |
5 Yr | 0.0%* | -12.6% | 21.0% | 65.03% |
10 Yr | 2.7%* | -5.9% | 11.5% | 59.57% |
* Annualized
Total Return Ranking - Calendar
Period | FFTGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -40.0% | 54.1% | 56.99% |
2022 | 1.9% | -27.6% | 38.2% | 47.75% |
2021 | 1.8% | -11.7% | 17.6% | 69.82% |
2020 | -1.3% | -17.2% | 11.5% | 41.98% |
2019 | 2.0% | -2.7% | 17.2% | 49.01% |
NAV & Total Return History
FFTGX - Holdings
Concentration Analysis
FFTGX | Category Low | Category High | FFTGX % Rank | |
---|---|---|---|---|
Net Assets | 274 M | 818 K | 5.18 B | 27.86% |
Number of Holdings | 8 | 3 | 2670 | 88.60% |
Net Assets in Top 10 | 265 M | -175 M | 1.1 B | 16.58% |
Weighting of Top 10 | 94.89% | 1.5% | 100.0% | 7.93% |
Top 10 Holdings
- Fidelity® Inv MM Fds Government Instl 70.29%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
- E-mini S&P 500 Future June 22 0.17%
Asset Allocation
Weighting | Return Low | Return High | FFTGX % Rank | |
---|---|---|---|---|
Cash | 75.76% | -67.46% | 106.99% | 14.58% |
Stocks | 24.24% | -2.90% | 119.13% | 84.02% |
Preferred Stocks | 0.00% | 0.00% | 7.60% | 56.25% |
Other | 0.00% | -35.22% | 39.56% | 63.54% |
Convertible Bonds | 0.00% | -0.02% | 4.68% | 56.77% |
Bonds | 0.00% | -48.31% | 152.17% | 63.40% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFTGX % Rank | |
---|---|---|---|---|
Technology | 18.37% | 0.00% | 43.24% | 45.93% |
Healthcare | 17.83% | 0.00% | 100.00% | 25.00% |
Financial Services | 17.04% | 0.00% | 83.83% | 38.37% |
Industrials | 10.98% | 0.00% | 31.93% | 46.51% |
Consumer Cyclical | 10.83% | 0.00% | 88.83% | 47.09% |
Consumer Defense | 7.68% | 0.00% | 33.38% | 28.49% |
Communication Services | 6.11% | 0.00% | 32.32% | 64.53% |
Energy | 4.44% | 0.00% | 32.57% | 45.93% |
Utilities | 2.28% | 0.00% | 21.71% | 45.93% |
Real Estate | 2.24% | 0.00% | 10.93% | 45.35% |
Basic Materials | 2.19% | 0.00% | 28.58% | 67.44% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFTGX % Rank | |
---|---|---|---|---|
US | 24.08% | -24.26% | 116.70% | 81.25% |
Non US | 0.16% | -43.01% | 97.78% | 78.65% |
FFTGX - Expenses
Operational Fees
FFTGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.87% | 0.40% | 11.46% | 53.47% |
Management Fee | 1.15% | 0.00% | 2.50% | 46.53% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.67% |
Administrative Fee | N/A | 0.03% | 1.54% | 49.17% |
Sales Fees
FFTGX 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
FFTGX 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.
FFTGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 201.00% | 0.00% | 479.00% | 78.52% |
FFTGX - Distributions
Dividend Yield Analysis
FFTGX | Category Low | Category High | FFTGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 18.20% | 65.35% |
Dividend Distribution Analysis
FFTGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
FFTGX | Category Low | Category High | FFTGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.23% | -3.33% | 2.88% | 67.68% |
Capital Gain Distribution Analysis
FFTGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2019 | $0.024 | OrdinaryDividend |
Dec 05, 2019 | $1.171 | OrdinaryDividend |
Dec 26, 2018 | $0.017 | OrdinaryDividend |
FFTGX - Fund Manager Analysis
Managers
Christopher Guptill
Start Date
Tenure
Tenure Rank
Sep 14, 2009
12.72
12.7%
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 |
---|---|---|---|
0.07 | 23.55 | 6.0 | 7.93 |