IRONX: Ironclad Managed Risk Fund - MutualFunds.com
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Ironclad Managed Risk

IRONX - Snapshot

Vitals

  • YTD Return 6.6%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 5.9%
  • Net Assets $92.2 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$11.15
$9.90
$11.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.39%

SALES FEES

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

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Theme N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Options Trading

Compare IRONX to Popular Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$106.42

+0.84%

$1.21 T

-

$0.00

12.36%

0.14%

$218.75

+0.85%

$1.21 T

0.99%

$2.15

12.39%

0.03%

$388.03

+0.71%

$731.30 B

1.40%

$5.39

12.90%

0.03%

$391.12

+0.75%

$731.30 B

-

$0.00

12.84%

0.14%

$21.16

+1.10%

$393.08 B

-

$0.00

9.07%

0.17%

IRONX - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 5.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Ironclad Managed Risk Fund
  • Fund Family Name
    Ironclad Funds
  • Inception Date
    Oct 14, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Rudy Aguilera

Fund Description

Under normal circumstances, the fund's primary strategy consists of selling and purchasing put and call options on equity indexes and exchange traded funds ("ETFs"). The sale of put options generates income for the fund, but exposes it to the risk of declines in the value of the underlying assets. The risk in purchasing options is limited to the premium paid by the fund for the options.


IRONX - Performance

Return Ranking - Trailing

Period IRONX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -2.8% 240.8% 41.50%
1 Yr 14.0% -4.3% 140.6% 91.74%
3 Yr 5.9%* -8.3% 18.3% 73.72%
5 Yr 5.9%* -5.0% 17.3% 74.58%
10 Yr 5.4%* -4.6% 13.2% 68.63%

* Annualized

Return Ranking - Calendar

Period IRONX Return Category Return Low Category Return High Rank in Category (%)
2020 1.4% -34.1% 904.0% 66.22%
2019 7.9% -28.6% 438.4% 71.68%
2018 -5.9% -93.5% 8.2% 26.21%
2017 -6.0% -38.9% 19.8% 89.92%
2016 0.5% -10.9% 12.8% 66.02%

Total Return Ranking - Trailing

Period IRONX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -2.7% 244.0% 42.69%
1 Yr 14.0% -4.3% 140.6% 90.00%
3 Yr 5.9%* -8.3% 18.3% 70.51%
5 Yr 5.9%* -5.4% 17.3% 71.19%
10 Yr 5.4%* -4.6% 13.2% 68.63%

* Annualized

Total Return Ranking - Calendar

Period IRONX Return Category Return Low Category Return High Rank in Category (%)
2020 1.4% -34.1% 904.0% 66.22%
2019 7.9% -5.9% 438.4% 72.25%
2018 -5.9% -81.2% 8.2% 36.55%
2017 3.3% -29.0% 19.8% 81.40%
2016 1.9% -10.9% 12.8% 66.99%

NAV & Total Return History


IRONX - Holdings

Concentration Analysis

IRONX Category Low Category High IRONX % Rank
Net Assets 92.2 M 25 17.4 B 49.44%
Number of Holdings 12 2 508 69.08%
Net Assets in Top 10 85.7 M -6.66 M 5.12 B 35.50%
Weighting of Top 10 N/A 11.3% 100.0% 96.48%

Top 10 Holdings

  1. Fidelity® Inv MM Fds Government I 65.64%
  2. Option on S&P 500 PR 50.68%
  3. Option on S&P 500 PR 50.68%
  4. Option on S&P 500 PR 50.68%
  5. Option on S&P 500 PR 50.68%
  6. Option on S&P 500 PR 50.68%
  7. Option on S&P 500 PR 50.68%
  8. Option on S&P 500 PR 50.68%
  9. Option on S&P 500 PR 50.68%
  10. Option on S&P 500 PR 50.68%

Asset Allocation

Weighting Return Low Return High IRONX % Rank
Cash
65.64% -0.76% 100.29% 8.40%
Stocks
33.59% -3.92% 100.76% 83.59%
Other
0.77% 0.00% 45.92% 12.98%
Preferred Stocks
0.00% 0.00% 3.08% 5.73%
Convertible Bonds
0.00% 0.00% 20.91% 8.40%
Bonds
0.00% 0.00% 97.96% 15.27%

Stock Sector Breakdown

Weighting Return Low Return High IRONX % Rank
Technology
24.20% 0.00% 44.43% 13.87%
Healthcare
13.56% 0.00% 25.91% 25.21%
Financial Services
13.51% 0.00% 29.60% 78.15%
Consumer Cyclical
12.51% 0.00% 19.02% 26.05%
Communication Services
10.75% 0.00% 21.22% 66.39%
Industrials
8.79% 1.41% 43.91% 65.13%
Consumer Defense
6.97% 0.00% 22.87% 31.09%
Utilities
2.76% 0.00% 13.35% 29.83%
Real Estate
2.41% 0.00% 9.74% 72.27%
Basic Materials
2.27% 0.00% 60.58% 65.97%
Energy
2.26% 0.00% 69.54% 83.61%

Stock Geographic Breakdown

Weighting Return Low Return High IRONX % Rank
US
33.28% -3.89% 100.00% 75.19%
Non US
0.31% -2.17% 99.33% 80.15%

IRONX - Expenses

Operational Fees

IRONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.39% 0.20% 6.78% 34.98%
Management Fee 1.10% 0.20% 1.75% 86.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.02% 0.28% 34.69%

Sales Fees

IRONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

IRONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 5.88%

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.

IRONX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 456.80% 1.34%

IRONX - Distributions

Dividend Yield Analysis

IRONX Category Low Category High IRONX % Rank
Dividend Yield 0.00% 0.00% 3.76% 8.92%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IRONX Category Low Category High IRONX % Rank
Net Income Ratio -0.45% -2.54% 14.24% 67.21%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

IRONX - Fund Manager Analysis

Managers

Rudy Aguilera


Start Date

Tenure

Tenure Rank

Oct 14, 2010

10.55

10.6%

Rudy Aguilera has served as Ironclad Investments LLC ’s Chief Investment Officer and Portfolio Manager since its founding in 2010. From 2004 to 2010, Mr. Aguilera was a Principal of Helios, LLC (“Helios”), a registered investment advisor that offered investment advisory services. During this time, Mr. Aguilera served as the founding Principal and Chief Investment Officer of Helios. For the past four years, Mr. Aguilera has taught risk management to investment professionals as an instructor at the Chicago Board Options Exchange (“CBOE”).

Tim Holtz


Start Date

Tenure

Tenure Rank

Jul 01, 2017

3.83

3.8%

Tim Holtz joined Ironclad Investments LLC in 2012 and became a Portfolio Manager for Ironclad Investments LLC in 2017. Previously, Mr. Holtz was a Senior Financial Analyst at SunGard and a Senior Pension Fund Accountant at the Bank of New York Mellon. Mr. Holtz is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.77 3.61 5.67