AXS Thomson Reuters Vntr Cptl RetTrckr A
- LDVAX
- Price as of: Jan 14, 2021
-
$29.66
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- AXS
- Share Class
LDVAX - Snapshot
Vitals
- YTD Return -2.8%
- 3 Yr Annualized Return 37.6%
- 5 Yr Annualized Return 31.1%
- Net Assets $258 M
- Holdings in Top 10 31.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.89%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 115.00%
TRADING FEES
- Max Redemption Fee 1.00%
Min Investment
- Standard (Taxable) $2,500
- IRA $2,500
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
LDVAX - Profile
Distributions
- YTD Total Return -2.8%
- 3 Yr Annualized Total Return 34.9%
- 5 Yr Annualized Total Return 29.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAXS Thomson Reuters Venture Capital Return Tracker Fund
-
Fund Family NameAXS
-
Inception DateOct 01, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGreg Bassuk
Fund Description
Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in the component publicly listed assets included in the underlying index. The index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies. However, the fund does not invest directly in venture capital funds or start-up companies. The fund is non-diversified.
LDVAX - Performance
Return Ranking - Trailing
| Period | LDVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.8% | -3.7% | 25.7% | 98.82% |
| 1 Yr | 65.5% | -9.0% | 145.0% | 6.72% |
| 3 Yr | 37.6%* | -6.6% | 51.8% | 2.96% |
| 5 Yr | 31.1%* | -6.8% | 39.6% | 2.21% |
| 10 Yr | N/A* | 6.9% | 23.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | LDVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 40.1% | -67.0% | 145.0% | 13.52% |
| 2019 | 49.4% | -28.8% | 76.0% | 0.40% |
| 2018 | -1.4% | -64.5% | 19.1% | 6.97% |
| 2017 | 36.4% | -68.7% | 64.3% | 1.16% |
| 2016 | -5.7% | -56.6% | 15.3% | 79.12% |
Total Return Ranking - Trailing
| Period | LDVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.8% | -3.4% | 25.7% | 98.89% |
| 1 Yr | 56.0% | -9.0% | 145.0% | 9.63% |
| 3 Yr | 34.9%* | -8.4% | 51.8% | 3.21% |
| 5 Yr | 29.5%* | -7.9% | 39.6% | 2.87% |
| 10 Yr | N/A* | 6.9% | 23.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | LDVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 40.1% | -67.0% | 145.0% | 13.52% |
| 2019 | 49.4% | -28.8% | 76.0% | 0.40% |
| 2018 | 5.5% | -64.5% | 29.5% | 2.32% |
| 2017 | 51.3% | -24.8% | 64.3% | 0.53% |
| 2016 | -1.9% | -56.6% | 17.1% | 78.46% |
NAV & Total Return History
LDVAX - Holdings
Concentration Analysis
| LDVAX | Category Low | Category High | LDVAX % Rank | |
|---|---|---|---|---|
| Net Assets | 258 M | 10.3 K | 256 B | 73.93% |
| Number of Holdings | 145 | 1 | 2373 | 16.11% |
| Net Assets in Top 10 | 56.2 M | 378 K | 89.8 B | 81.37% |
| Weighting of Top 10 | 31.20% | 10.8% | 100.0% | 88.91% |
Top 10 Holdings
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
- Bnp Swap 1552 4.63%
Asset Allocation
| Weighting | Return Low | Return High | LDVAX % Rank | |
|---|---|---|---|---|
| Stocks | 105.10% | 51.75% | 112.08% | 0.30% |
| Cash | 0.09% | -12.08% | 48.25% | 84.41% |
| Preferred Stocks | 0.00% | 0.00% | 1.88% | 87.45% |
| Convertible Bonds | 0.00% | 0.00% | 7.90% | 85.97% |
| Bonds | 0.00% | -0.73% | 20.94% | 86.61% |
| Other | -5.20% | -5.20% | 20.00% | 99.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LDVAX % Rank | |
|---|---|---|---|---|
| Technology | 41.89% | 0.00% | 88.51% | 3.71% |
| Communication Services | 18.03% | 0.00% | 68.14% | 15.07% |
| Healthcare | 14.08% | 0.00% | 61.09% | 45.21% |
| Financial Services | 8.90% | 0.00% | 39.75% | 56.64% |
| Industrials | 7.41% | 0.00% | 29.82% | 31.03% |
| Consumer Cyclical | 3.86% | 0.00% | 41.42% | 98.44% |
| Consumer Defense | 3.32% | 0.00% | 19.49% | 54.42% |
| Real Estate | 1.13% | 0.00% | 22.68% | 59.09% |
| Basic Materials | 1.09% | 0.00% | 19.40% | 55.16% |
| Energy | 0.29% | 0.00% | 7.96% | 25.24% |
| Utilities | 0.00% | 0.00% | 11.81% | 91.83% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LDVAX % Rank | |
|---|---|---|---|---|
| US | 102.90% | 39.12% | 106.92% | 0.52% |
| Non US | 2.20% | 0.00% | 41.45% | 66.89% |
LDVAX - Expenses
Operational Fees
| LDVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.89% | 0.01% | 23.28% | 12.40% |
| Management Fee | 1.25% | 0.00% | 1.50% | 99.56% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.87% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| LDVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.25% | 8.50% | 42.49% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| LDVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 0.50% | 5.00% | 83.08% |
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.
| LDVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 115.00% | 0.00% | 358.00% | 90.15% |
LDVAX - Distributions
Dividend Yield Analysis
| LDVAX | Category Low | Category High | LDVAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.95% | 85.67% |
Dividend Distribution Analysis
| LDVAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| LDVAX | Category Low | Category High | LDVAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.76% | -56.00% | 1.99% | 88.04% |
Capital Gain Distribution Analysis
| LDVAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
LDVAX - Fund Manager Analysis
Managers
Greg Bassuk
Start Date
Tenure
Tenure Rank
Nov 20, 2020
0.11
0.1%
Greg Bassuk has been Chief Executive Officer of AXS since October 2019. From 2015 to 2019, Mr. Bassuk was Managing Director and Head of Liquid Alternative Strategies at FS Investments, an asset management firm. In this role, Mr. Bassuk created, launched and managed FS Investments’ liquid alternative investment business. During his tenure at FS Investments, Mr. Bassuk was a member of the Investment Committee and portfolio manager for the firm’s liquid alternative investment funds, while also driving education for financial advisors across U.S. distribution channels. Prior to FS Investments, Mr. Bassuk was Co-Founder and Chief Operating Officer of IndexIQ, an early pioneer in liquid alternative investments, which was acquired by New York Life Investments. Mr. Bassuk holds a BS from Cornell University and a J.D. from Georgetown University Law Center.
Mark Lacuesta
Start Date
Tenure
Tenure Rank
Nov 20, 2020
0.11
0.1%
Mark Lacuesta has been Head of Product and Research at the AXS since October 2019. From 2014 to 2019, Mr. Lacuesta was the Director of Index Strategies at IndexIQ, an early pioneer in liquid alternative investments, which was acquired by New York Life Investments. Prior to IndexIQ, Mr. Lacuesta was a Vice President of FactSet Research Systems. Mr. Lacuesta holds a Master's Degree in Financial Risk Management from the University of Connecticut, a BS in Biochemistry and a BA in Economics from the University of California, San Diego. He holds the FRM, CAIA, and CIPM designations, and holds an NFA Series 3 and 31 registration.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 53.03 | 7.61 | 1.0 |