Rational Strategic Allocation A
Name
As of 03/27/2024Price
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
$8.8 M
Holdings in Top 10
89.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.47%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 2.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HBAFX - 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 3.30%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameRational Strategic Allocation Fund
-
Fund Family NameRational Funds
-
Inception DateJul 30, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Miller
Fund Description
HBAFX - Performance
Return Ranking - Trailing
Period | HBAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.2% | 16.0% | 1.13% |
1 Yr | N/A | 2.2% | 40.0% | 98.65% |
3 Yr | N/A* | -13.8% | 8.4% | 16.75% |
5 Yr | N/A* | -4.6% | 8.2% | 94.68% |
10 Yr | N/A* | 0.0% | 7.5% | 52.37% |
* Annualized
Return Ranking - Calendar
Period | HBAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.3% | 27.4% | 99.09% |
2022 | N/A | -35.0% | -7.4% | 0.23% |
2021 | N/A | -11.5% | 14.6% | 97.04% |
2020 | N/A | -10.3% | 40.7% | 96.23% |
2019 | N/A | -9.5% | 22.1% | 55.06% |
Total Return Ranking - Trailing
Period | HBAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.2% | 16.0% | 1.13% |
1 Yr | N/A | 2.2% | 40.0% | 98.65% |
3 Yr | N/A* | -13.8% | 8.4% | 17.77% |
5 Yr | N/A* | -4.6% | 8.2% | 93.92% |
10 Yr | N/A* | 0.0% | 7.5% | 70.03% |
* Annualized
Total Return Ranking - Calendar
Period | HBAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.3% | 28.2% | 99.54% |
2022 | N/A | -35.0% | -3.1% | 0.70% |
2021 | N/A | -11.5% | 32.0% | 97.29% |
2020 | N/A | -5.4% | 40.7% | 96.48% |
2019 | N/A | 4.5% | 27.7% | 9.87% |
NAV & Total Return History
HBAFX - Holdings
Concentration Analysis
HBAFX | Category Low | Category High | HBAFX % Rank | |
---|---|---|---|---|
Net Assets | 8.8 M | 218 K | 51.5 B | 96.98% |
Number of Holdings | 11 | 3 | 5294 | 84.42% |
Net Assets in Top 10 | 9.38 M | 243 K | 9.52 B | 96.28% |
Weighting of Top 10 | 89.00% | 7.5% | 127.7% | 32.63% |
Top 10 Holdings
- Catalyst Enhanced Income Strategy I 17.80%
- Rational Special Situations Income Instl 17.58%
- Rational/Pier 88 Convertible Secs Instl 16.32%
- United States Treasury Bonds 2.38% 10.20%
- Catalyst Insider Income I 10.03%
- Catalyst/CIFC Floating Rate Income I 9.97%
- Catalyst/Stone Beach Income Opp I 8.06%
- AlphaCentric Income Opportunities I 4.78%
- First American Government Obligs U 4.47%
- E-mini S&P 500 Future Sept 21 0.00%
Asset Allocation
Weighting | Return Low | Return High | HBAFX % Rank | |
---|---|---|---|---|
Bonds | 57.58% | 0.00% | 81.41% | 12.06% |
Cash | 24.00% | -35.68% | 37.58% | 2.09% |
Convertible Bonds | 11.95% | 0.00% | 71.77% | 0.94% |
Stocks | 3.48% | 0.00% | 102.36% | 91.88% |
Preferred Stocks | 2.98% | 0.00% | 21.95% | 3.95% |
Other | 0.00% | -0.44% | 63.55% | 64.65% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HBAFX % Rank | |
---|---|---|---|---|
Utilities | 48.33% | 0.00% | 48.33% | 0.47% |
Energy | 19.19% | 0.00% | 62.93% | 1.42% |
Industrials | 14.90% | 0.14% | 17.90% | 2.84% |
Financial Services | 9.55% | 0.00% | 83.50% | 92.91% |
Real Estate | 7.81% | 0.00% | 43.16% | 24.59% |
Technology | 0.22% | 0.22% | 27.92% | 99.53% |
Healthcare | 0.00% | 0.00% | 24.25% | 98.35% |
Communication Services | 0.00% | 0.00% | 11.11% | 98.35% |
Consumer Defense | 0.00% | 0.00% | 18.62% | 99.53% |
Consumer Cyclical | 0.00% | 0.00% | 14.20% | 99.53% |
Basic Materials | 0.00% | 0.00% | 32.82% | 99.53% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HBAFX % Rank | |
---|---|---|---|---|
US | 3.48% | 0.00% | 102.36% | 91.86% |
Non US | 0.00% | 0.00% | 22.63% | 67.21% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HBAFX % Rank | |
---|---|---|---|---|
Securitized | 40.21% | 0.00% | 52.08% | 2.58% |
Corporate | 33.93% | 0.00% | 96.66% | 42.02% |
Cash & Equivalents | 25.87% | 0.00% | 36.70% | 2.09% |
Derivative | 0.00% | -1.38% | 63.54% | 48.84% |
Municipal | 0.00% | 0.00% | 99.85% | 88.73% |
Government | 0.00% | 0.00% | 63.33% | 97.42% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HBAFX % Rank | |
---|---|---|---|---|
US | 56.29% | 0.00% | 81.41% | 11.86% |
Non US | 1.29% | 0.00% | 18.69% | 10.70% |
HBAFX - Expenses
Operational Fees
HBAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.47% | 0.06% | 7.81% | 17.87% |
Management Fee | 0.10% | 0.00% | 1.25% | 37.21% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 35.39% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
HBAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 1.00% | 5.75% | 63.77% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
HBAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
HBAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 2.00% | 2.00% | 380.00% | 1.01% |
HBAFX - Distributions
Dividend Yield Analysis
HBAFX | Category Low | Category High | HBAFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.77% | 22.04% |
Dividend Distribution Analysis
HBAFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
HBAFX | Category Low | Category High | HBAFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.30% | -1.22% | 6.83% | 10.59% |
Capital Gain Distribution Analysis
HBAFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.025 | OrdinaryDividend |
Dec 29, 2023 | $0.080 | OrdinaryDividend |
Sep 29, 2023 | $0.069 | OrdinaryDividend |
Jun 30, 2023 | $0.083 | OrdinaryDividend |
Mar 31, 2023 | $0.177 | OrdinaryDividend |
Dec 20, 2022 | $0.373 | OrdinaryDividend |
Sep 30, 2022 | $0.072 | OrdinaryDividend |
Jun 30, 2022 | $0.055 | OrdinaryDividend |
Mar 31, 2022 | $0.040 | OrdinaryDividend |
Sep 29, 2021 | $0.077 | OrdinaryDividend |
Jun 29, 2021 | $0.075 | OrdinaryDividend |
Mar 30, 2021 | $0.040 | OrdinaryDividend |
Dec 30, 2020 | $0.105 | OrdinaryDividend |
Sep 29, 2020 | $0.060 | OrdinaryDividend |
Jun 29, 2020 | $0.053 | OrdinaryDividend |
Mar 30, 2020 | $0.058 | OrdinaryDividend |
Dec 30, 2019 | $0.244 | OrdinaryDividend |
Sep 27, 2019 | $0.073 | OrdinaryDividend |
Jun 27, 2019 | $0.083 | OrdinaryDividend |
Mar 28, 2019 | $0.039 | OrdinaryDividend |
Dec 28, 2018 | $0.221 | OrdinaryDividend |
Sep 27, 2018 | $0.047 | OrdinaryDividend |
Jun 28, 2018 | $0.047 | OrdinaryDividend |
Mar 28, 2018 | $0.023 | OrdinaryDividend |
Dec 28, 2017 | $0.366 | OrdinaryDividend |
Sep 28, 2017 | $0.037 | OrdinaryDividend |
Jun 29, 2017 | $0.029 | OrdinaryDividend |
Mar 30, 2017 | $0.007 | OrdinaryDividend |
Sep 29, 2016 | $0.023 | OrdinaryDividend |
Jun 28, 2016 | $0.020 | OrdinaryDividend |
Mar 30, 2016 | $0.082 | OrdinaryDividend |
HBAFX - Fund Manager Analysis
Managers
David Miller
Start Date
Tenure
Tenure Rank
May 01, 2016
6.08
6.1%
David Miller, Owner and Chief Investment Officer of Rational Advisors, Inc. since 2016. He is a co-founder and has served as Chief Investment Officer of Catalyst Capital Advisors LLC since 2006, and is responsible for the day-to-day management of several funds managed by Catalyst. Mr. Miller is also a member of Catalyst International Advisors LLC since 2019, Insights Media LLC since 2019, and Catalyst Insurance Corporation II since 2018. Prior to founding Catalyst, Mr. Miller was the CEO of Investment Catalyst, an investment newsletter he founded in 2005. The Investment Catalyst newsletter worked to identify undervalued stocks with a near term catalyst for appreciation. Mr. Miller was a trader with UBS, working on the equity derivatives desk from July 2002 until December 2002. Mr. Miller was the CEO of MovieDaze Media Group, a search engine marketing company that he co-founded in 2003 and sold in 2006. He received a BS in Economics from the University of Pennsylvania, Wharton School and a MBA in Finance from the University of Michigan, Ross School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 28.73 | 6.44 | 2.41 |