IPSHX: Pinnacle Sherman Multi-Strategy Core I

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IPSHX Pinnacle Sherman Multi-Strategy Core I


Profile

IPSHX - Profile

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return -0.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $36.1 M
  • Holdings in Top 10 84.9%

52 WEEK LOW AND HIGH

$11.29
$9.00
$11.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.53%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.67%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Pinnacle Sherman Multi-Strategy Core Fund
  • Fund Family Name
    Pinnacle
  • Inception Date
    Oct 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    R. Sean McCurry

Fund Description

The fund seeks to meet its investment objective by investing, under normal market conditions, in all major asset classes including, but not limited to, foreign and domestic (i) equity securities of all market capitalizations, (ii) fixed income securities of any credit quality, and (iii) cash and cash equivalents. The advisor intends to generally invest in a mix of asset classes. It may invest in individual securities or in exchange traded funds ("ETFs"), and may invest in emerging markets. It may also make its cash investments directly.


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Categories

Performance

IPSHX - Performance

Return Ranking - Trailing

Period IPSHX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -87.3% 87.0% 11.23%
1 Yr 6.4% -90.3% 68.3% 12.32%
3 Yr -0.4%* -57.6% 33.6% 35.71%
5 Yr N/A* -47.1% 29.7% N/A
10 Yr N/A* -19.0% 34.7% N/A

* Annualized

Return Ranking - Calendar

Period IPSHX Return Category Return Low Category Return High Rank in Category (%)
2019 14.0% -24.2% 71.9% 31.92%
2018 -16.1% -35.0% 12.7% 60.63%
2017 4.7% -25.3% 59.5% 52.24%
2016 8.4% -15.5% 42.5% 44.62%
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period IPSHX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -87.3% 87.0% 11.23%
1 Yr 6.4% -90.3% 68.3% 12.32%
3 Yr 1.6%* -57.6% 38.9% 34.76%
5 Yr N/A* -47.1% 32.8% N/A
10 Yr N/A* -19.0% 36.5% N/A

* Annualized

Total Return Ranking - Calendar

Period IPSHX Return Category Return Low Category Return High Rank in Category (%)
2019 14.0% -22.9% 71.9% 31.92%
2018 -16.1% -31.5% 12.7% 76.47%
2017 11.2% -25.3% 68.6% 34.83%
2016 9.1% -15.5% 42.5% 52.69%
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

IPSHX - Holdings

Concentration Analysis

IPSHX Category Low Category High IPSHX % Rank
Net Assets 36.1 M 105 K 8.41 B 62.23%
Number of Holdings 16 3 1562 80.22%
Net Assets in Top 10 28.3 M -225 M 2.46 B 56.83%
Weighting of Top 10 84.87% 15.8% 238.7% 24.44%

Top 10 Holdings

  1. Invesco QQQ Trust 19.16%
  2. iShares S&P 500 Growth ETF 10.44%
  3. iShares Morningstar Large-Cap Growth ETF 9.99%
  4. iShares Core S&P 500 ETF 9.93%
  5. iShares S&P 100 ETF 9.93%
  6. iShares S&P 500 Value ETF 6.18%
  7. iShares US Technology ETF 4.93%
  8. iShares US Consumer Goods ETF 4.83%
  9. iShares US Utilities ETF 4.81%
  10. iShares 1-3 Year Treasury Bond ETF 4.65%

Asset Allocation

Weighting Return Low Return High IPSHX % Rank
Stocks
84.98% 80.60% 325.56% 93.17%
Bonds
7.00% -112.62% 56.94% 8.27%
Cash
4.31% -225.56% 20.91% 21.94%
Other
3.71% -52.75% 181.94% 9.35%
Preferred Stocks
0.00% -0.29% 7.00% 36.33%
Convertible Bonds
0.00% 0.00% 14.53% 33.81%

Stock Sector Breakdown

Weighting Return Low Return High IPSHX % Rank
Technology
28.16% 0.00% 53.21% 7.87%
Communication Services
12.34% 0.00% 25.04% 6.69%
Consumer Cyclical
11.02% 0.00% 36.79% 25.98%
Healthcare
10.54% 0.00% 98.52% 58.66%
Consumer Defense
9.53% 0.00% 23.50% 12.60%
Financial Services
7.53% 0.00% 46.18% 55.12%
Utilities
7.10% 0.00% 40.71% 12.60%
Real Estate
6.93% 0.00% 97.46% 8.66%
Industrials
4.60% 0.00% 46.89% 62.20%
Basic Materials
1.13% 0.00% 13.98% 67.72%
Energy
1.12% 0.00% 100.00% 83.86%

Stock Geographic Breakdown

Weighting Return Low Return High IPSHX % Rank
US
83.90% 80.06% 325.56% 84.17%
Non US
1.08% -36.45% 39.88% 58.27%

Bond Sector Breakdown

Weighting Return Low Return High IPSHX % Rank
Government
55.92% 0.00% 99.56% 1.81%
Cash & Equivalents
44.08% -0.91% 100.00% 73.65%
Derivative
0.00% 0.00% 32.38% 29.60%
Securitized
0.00% 0.00% 19.07% 31.05%
Corporate
0.00% 0.00% 100.00% 48.38%
Municipal
0.00% 0.00% 2.17% 30.69%

Bond Geographic Breakdown

Weighting Return Low Return High IPSHX % Rank
US
7.00% -43.96% 35.66% 6.83%
Non US
0.00% -112.62% 27.84% 31.65%

Expenses

IPSHX - Expenses

Operational Fees

IPSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.53% 0.37% 37.17% 67.15%
Management Fee 1.00% 0.00% 2.64% 51.80%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.45% 15.00%

Sales Fees

IPSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IPSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 57.50%

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.

IPSHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 5191.00% 96.85%

Distributions

IPSHX - Distributions

Dividend Yield Analysis

IPSHX Category Low Category High IPSHX % Rank
Dividend Yield 0.00% 0.00% 23.39% 35.25%

Dividend Distribution Analysis

IPSHX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

IPSHX Category Low Category High IPSHX % Rank
Net Income Ratio 0.67% -3.05% 8.14% 42.75%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IPSHX - Fund Manager Analysis

Managers

R. Sean McCurry


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.75

4.8%

R. Sean McCurry has been the Managing Member and President of the Pinnacle Family Advisors, LLC since 2008. Mr. McCurry also previously served as a Financial Advisor and Branch Manager for Raymond James Financial Services from January 1999 to December 2007.

Paul Carroll


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.75

4.8%

Paul Carroll has been the Chief Investment Officer and Chief Compliance officer of the Pinnacle Family Advisors, LLC since 2008. Mr. Carroll also served as a Financial Advisor for Raymond James Financial Services from December 2005 to November 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 24.85 5.78 10.26