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Name

As of 02/19/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FS Multi-Alternative Income Fund

FNNAX | Fund

$3.20

-

0.00%

2.86%

Vitals

YTD Return

N/A

1 yr return

-4.3%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$N/A

Holdings in Top 10

36.5%

52 WEEK LOW AND HIGH

$3.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.86%

SALES FEES

Front Load 5.75%

Deferred Load N/A

TRADING FEES

Turnover 69.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$1,000

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 02/19/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

FS Multi-Alternative Income Fund

FNNAX | Fund

$3.20

-

0.00%

2.86%

FNNAX - 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 N/A
  • Net Income Ratio 6.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    FS Multi-Alternative Income Fund
  • Fund Family Name
    FS Investments
  • Inception Date
    Sep 27, 2018
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

FNNAX - Performance

Return Ranking - Trailing

Period FNNAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -5.3% -4.9% 83.33%
1 Yr -4.3% -4.3% -1.9% 100.00%
3 Yr N/A* -0.3% 0.9% N/A
5 Yr N/A* -1.2% 0.0% N/A
10 Yr N/A* 0.7% 1.8% N/A

* Annualized

Return Ranking - Calendar

Period FNNAX Return Category Return Low Category Return High Rank in Category (%)
2023 -73.0% -73.0% 6.9% 80.00%
2022 -7.7% -7.7% -5.7% 80.00%
2021 N/A 3.5% 3.7% N/A
2020 N/A 1.1% 1.3% N/A
2019 N/A -10.2% -9.9% N/A

Total Return Ranking - Trailing

Period FNNAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -5.3% -4.9% 83.33%
1 Yr -9.8% -9.8% -1.9% 100.00%
3 Yr N/A* -0.3% 0.9% N/A
5 Yr N/A* -1.2% 0.0% N/A
10 Yr N/A* 0.7% 1.8% N/A

* Annualized

Total Return Ranking - Calendar

Period FNNAX Return Category Return Low Category Return High Rank in Category (%)
2023 -73.0% -73.0% 6.9% 80.00%
2022 -7.7% -7.7% -5.3% 80.00%
2021 N/A 3.5% 4.2% N/A
2020 N/A 1.1% 1.5% N/A
2019 N/A -10.2% -6.4% N/A

NAV & Total Return History

FNNAX - Holdings

Concentration Analysis

FNNAX Category Low Category High FNNAX % Rank
Net Assets N/A 59 M 59 M N/A
Number of Holdings 275 12 275 20.00%
Net Assets in Top 10 16.5 M 16.5 M 54.8 M 80.00%
Weighting of Top 10 36.49% 36.5% 92.7% 80.00%

Top 10 Holdings

  1. Clarion Lion Properties Fund, 9.21%
  2. Clarion Lion Properties Fund, 9.21%
  3. Clarion Lion Properties Fund, 9.21%
  4. Clarion Lion Properties Fund, 9.21%
  5. Clarion Lion Properties Fund, 9.21%
  6. Clarion Lion Properties Fund, 9.21%
  7. Clarion Lion Properties Fund, 9.21%
  8. Clarion Lion Properties Fund, 9.21%
  9. Clarion Lion Properties Fund, 9.21%
  10. Clarion Lion Properties Fund, 9.21%

Asset Allocation

Weighting Return Low Return High FNNAX % Rank
Bonds 		65.65% 47.70% 65.65% 20.00%
Stocks 		30.86% 14.50% 30.86% 20.00%
Convertible Bonds 		1.52% 1.52% 12.93% 80.00%
Cash 		1.47% 1.47% 24.12% 80.00%
Preferred Stocks 		0.00% 0.00% 0.67% 80.00%
Other 		0.00% 0.00% 0.09% 80.00%

Stock Sector Breakdown

Weighting Return Low Return High FNNAX % Rank
Utilities 		0.00% 4.60% 4.60% N/A
Technology 		0.00% 15.27% 15.27% N/A
Real Estate 		0.00% 20.81% 20.81% N/A
Industrials 		0.00% 8.90% 8.90% N/A
Healthcare 		0.00% 7.33% 7.33% N/A
Financial Services 		0.00% 7.16% 7.16% N/A
Energy 		0.00% 9.48% 9.48% N/A
Communication Services 		0.00% 8.44% 8.44% N/A
Consumer Defense 		0.00% 4.99% 4.99% N/A
Consumer Cyclical 		0.00% 9.88% 9.88% N/A
Basic Materials 		0.00% 3.13% 3.13% N/A

Stock Geographic Breakdown

Weighting Return Low Return High FNNAX % Rank
US 		30.86% 9.00% 30.86% 20.00%
Non US 		0.00% 0.00% 5.50% 80.00%

Bond Sector Breakdown

Weighting Return Low Return High FNNAX % Rank
Corporate 		78.27% 41.09% 78.27% 20.00%
Securitized 		18.10% 8.56% 18.10% 20.00%
Municipal 		2.57% 0.06% 2.57% 20.00%
Government 		0.66% 0.66% 22.94% 80.00%
Cash & Equivalents 		0.27% 0.27% 27.35% 80.00%
Derivative 		0.12% 0.01% 0.12% 20.00%

Bond Geographic Breakdown

Weighting Return Low Return High FNNAX % Rank
US 		37.64% 26.36% 37.64% 20.00%
Non US 		28.01% 21.34% 28.01% 20.00%

FNNAX - Expenses

Operational Fees

FNNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.86% 0.34% 2.86% 20.00%
Management Fee 1.84% 0.19% 1.84% 80.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FNNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 5.75% 5.75% 100.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FNNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

FNNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.00% 1.00% 69.00% 80.00%

FNNAX - Distributions

Dividend Yield Analysis

FNNAX Category Low Category High FNNAX % Rank
Dividend Yield 0.00% 0.00% 0.00% 40.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FNNAX Category Low Category High FNNAX % Rank
Net Income Ratio 6.12% 0.25% 6.83% 40.00%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FNNAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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