FFTGX: Salient Tactical Growth Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$28.79

-

-

$0.00

1.91%

Vitals

YTD Return

6.8%

1 yr return

7.9%

3 Yr Avg Return

6.2%

5 Yr Avg Return

6.8%

Net Assets

$337 M

Holdings in Top 10

40.8%

52 WEEK LOW AND HIGH

$28.87
$26.26
$29.05

Expenses

OPERATING FEES

Expense Ratio 1.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Long-Short Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$28.79

-

-

$0.00

1.91%

FFTGX - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 6.2%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Salient Tactical Growth Fund
  • Fund Family Name
    Salient Funds
  • Inception Date
    Sep 14, 2009
  • Shares Outstanding
    167049
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Guptill

Fund Description

The fund's investment strategy is designed to evaluate the market to determine whether the market as a whole or a particular sector or industry is undervalued or overvalued. Broadmark Asset Management LLC ("Broadmark" or the "Sub-Advisor") seeks to identify potential long and short investments that the advisor believes offer the greatest risk-adjusted potential for returns.


FFTGX - Performance

Return Ranking - Trailing

Period FFTGX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -23.2% 38.4% 62.56%
1 Yr 7.9% -17.9% 67.9% 79.21%
3 Yr 6.2%* -10.3% 22.3% 51.61%
5 Yr 6.8%* -4.9% 20.5% 52.66%
10 Yr 5.0%* -5.8% 12.0% 69.49%

* Annualized

Return Ranking - Calendar

Period FFTGX Return Category Return Low Category Return High Rank in Category (%)
2020 3.9% -47.6% 88.4% 45.64%
2019 5.4% -20.3% 62.6% 67.20%
2018 -7.3% -53.1% 12.7% 40.68%
2017 3.5% -67.1% 21.9% 74.85%
2016 2.9% -17.3% 25.3% 46.38%

Total Return Ranking - Trailing

Period FFTGX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -23.5% 38.4% 62.56%
1 Yr 7.9% -17.9% 67.9% 75.74%
3 Yr 6.2%* -11.4% 22.3% 47.85%
5 Yr 6.8%* -5.4% 20.5% 50.89%
10 Yr 5.0%* -5.8% 12.0% 66.10%

* Annualized

Total Return Ranking - Calendar

Period FFTGX Return Category Return Low Category Return High Rank in Category (%)
2020 3.9% -47.6% 88.4% 45.64%
2019 5.4% -20.3% 62.6% 67.20%
2018 -5.1% -53.1% 12.7% 39.55%
2017 10.6% -12.7% 24.8% 46.01%
2016 3.2% -15.5% 25.3% 47.83%

NAV & Total Return History


FFTGX - Holdings

Concentration Analysis

FFTGX Category Low Category High FFTGX % Rank
Net Assets 337 M 0 5.19 B 23.67%
Number of Holdings 5 3 3156 98.04%
Net Assets in Top 10 137 M -87.9 M 765 M 18.14%
Weighting of Top 10 40.75% 4.8% 100.0% 43.45%

Top 10 Holdings

  1. SPDR® S&P 500 ETF Trust 25.52%
  2. Invesco QQQ Trust 10.22%
  3. Consumer Staples Select Sector SPDR® ETF 5.01%

Asset Allocation

Weighting Return Low Return High FFTGX % Rank
Cash
59.26% -140.68% 117.83% 17.16%
Stocks
40.74% -17.84% 153.48% 80.58%
Preferred Stocks
0.00% -0.01% 8.88% 78.43%
Other
0.00% -70.40% 36.41% 73.04%
Convertible Bonds
0.00% 0.00% 3.02% 80.88%
Bonds
0.00% -0.70% 152.17% 81.55%

Stock Sector Breakdown

Weighting Return Low Return High FFTGX % Rank
Technology
26.84% 0.00% 48.18% 10.47%
Consumer Defense
17.22% 0.00% 28.39% 7.85%
Communication Services
11.93% 0.00% 30.26% 19.90%
Consumer Cyclical
11.46% 0.00% 83.72% 55.50%
Healthcare
10.44% 0.00% 100.00% 70.68%
Financial Services
9.26% 0.00% 73.93% 80.10%
Industrials
6.41% 0.00% 35.91% 82.20%
Utilities
1.78% 0.00% 23.92% 40.31%
Real Estate
1.64% 0.00% 17.36% 56.02%
Energy
1.60% 0.00% 12.98% 63.87%
Basic Materials
1.42% 0.00% 21.97% 75.92%

Stock Geographic Breakdown

Weighting Return Low Return High FFTGX % Rank
US
40.16% -43.02% 150.78% 72.06%
Non US
0.58% -31.09% 98.73% 75.49%

FFTGX - Expenses

Operational Fees

FFTGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.91% 0.40% 12.79% 52.17%
Management Fee 1.15% 0.00% 2.50% 49.28%
12b-1 Fee 0.25% 0.00% 1.00% 58.47%
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 N/A 0.00% 498.00% 97.65%

FFTGX - Distributions

Dividend Yield Analysis

FFTGX Category Low Category High FFTGX % Rank
Dividend Yield 0.00% 0.00% 1.75% 81.64%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FFTGX Category Low Category High FFTGX % Rank
Net Income Ratio -0.92% -3.33% 2.81% 65.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

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FFTGX - Fund Manager Analysis

Managers

Christopher Guptill


Start Date

Tenure

Tenure Rank

Sep 14, 2009

11.97

12.0%

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
0.04 22.8 5.82 7.18