NAVIX: Navigator Equity Hedged Fund - MutualFunds.com

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Navigator Equity Hedged I

NAVIX - Snapshot

Vitals

  • YTD Return 15.3%
  • 3 Yr Annualized Return 2.5%
  • 5 Yr Annualized Return 4.3%
  • Net Assets $25.6 M
  • Holdings in Top 10 99.9%

52 WEEK LOW AND HIGH

$9.87
$6.61
$9.88

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.38%

SALES FEES

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

BROKERAGE FEES

  • Turnover 470.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $25,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Long-Short Equity

Compare NAVIX to Popular Long-Short Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$16.60

-0.24%

$3.78 B

-

$0.00

12.77%

1.78%

$25.26

-0.47%

$1.94 B

0.68%

$0.17

-3.92%

1.86%

$8.12

-0.25%

$1.16 B

10.74%

$0.87

-19.20%

1.28%

$14.00

-0.36%

$1.11 B

0.00%

$0.00

6.54%

1.66%

$13.99

-0.29%

$899.40 M

1.50%

$0.21

-11.90%

2.21%

NAVIX - Profile

Distributions

  • YTD Total Return 15.3%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Navigator Equity Hedged Fund
  • Fund Family Name
    Navigator Funds
  • Inception Date
    Dec 28, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    K. Clark

Fund Description

The fund allocates assets across various sectors of the global equity markets by investing primarily in ETFs that each invests primarily equity securities and put options on the Standard & Poor's 500 Index volatility-linked exchange-traded funds and volatility-linked exchange-traded notes for hedging purposes. It defines equity securities to include both (i) ETFs that invest primarily in common stocks and (ii) put options on the Standard & Poor's 500 Index. The fund invests at least 80% of its assets in equity securities.


NAVIX - Performance

Return Ranking - Trailing

Period NAVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -35.4% 76.4% 14.35%
1 Yr 10.2% -24.2% 81.3% 20.67%
3 Yr 2.5%* -13.3% 17.9% 47.45%
5 Yr 4.3%* -5.7% 14.2% 32.69%
10 Yr N/A* -0.8% 9.6% N/A

* Annualized

Return Ranking - Calendar

Period NAVIX Return Category Return Low Category Return High Rank in Category (%)
2019 9.8% -12.2% 37.8% 42.71%
2018 -11.0% -41.4% 12.7% 60.85%
2017 -3.3% -67.1% 21.9% 95.32%
2016 5.2% -17.3% 25.3% 27.52%
2015 -8.4% -26.2% 11.6% 81.20%

Total Return Ranking - Trailing

Period NAVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -35.4% 74.9% 14.35%
1 Yr 10.2% -28.1% 81.3% 18.27%
3 Yr 2.5%* -14.4% 17.9% 43.88%
5 Yr 4.3%* -6.2% 14.2% 31.41%
10 Yr N/A* -0.8% 9.6% N/A

* Annualized

Total Return Ranking - Calendar

Period NAVIX Return Category Return Low Category Return High Rank in Category (%)
2019 9.8% -12.2% 37.8% 42.71%
2018 -10.9% -23.0% 12.7% 66.67%
2017 12.0% -3.6% 25.0% 40.94%
2016 6.3% -15.5% 25.3% 28.19%
2015 -5.0% -26.2% 11.6% 75.21%

NAV & Total Return History


NAVIX - Holdings

Concentration Analysis

NAVIX Category Low Category High NAVIX % Rank
Net Assets 25.6 M 0 3.78 B 70.75%
Number of Holdings 12 3 2577 83.81%
Net Assets in Top 10 31.7 M -166 M 685 M 40.95%
Weighting of Top 10 99.91% 1.5% 100.0% 2.30%

Top 10 Holdings

  1. Vanguard Information Technology ETF 18.68%
  2. SPDR® Portfolio S&P 500 Growth ETF 18.40%
  3. Vanguard FTSE Emerging Markets ETF 13.34%
  4. SPDR® S&P Retail ETF 11.10%
  5. Vanguard Consumer Discretionary ETF 10.94%
  6. iShares MSCI EAFE Growth ETF 8.76%
  7. Vanguard Materials ETF 8.67%
  8. Navigator Sentry Managed Volatility I 4.31%
  9. Milestone Treasury Obligations Instl 2.99%
  10. iShares Core S&P 500 ETF 2.73%

Asset Allocation

Weighting Return Low Return High NAVIX % Rank
Stocks
92.72% -12.61% 278.47% 14.62%
Cash
7.25% -178.47% 112.61% 79.52%
Preferred Stocks
0.01% 0.00% 3.47% 10.00%
Other
0.01% -12.25% 131.29% 33.81%
Bonds
0.01% -9.38% 152.17% 28.77%
Convertible Bonds
0.00% 0.00% 5.58% 77.14%

Stock Sector Breakdown

Weighting Return Low Return High NAVIX % Rank
Technology
28.98% 0.00% 45.04% 10.61%
Consumer Cyclical
26.69% 0.00% 81.27% 3.54%
Basic Materials
9.94% 0.00% 17.61% 5.56%
Financial Services
7.68% 0.00% 74.33% 68.18%
Consumer Defense
6.68% 0.00% 58.77% 54.55%
Communication Services
6.26% 0.00% 24.74% 72.22%
Healthcare
5.77% 0.00% 98.20% 88.89%
Industrials
4.74% 0.00% 35.96% 86.36%
Real Estate
1.33% 0.00% 19.67% 53.03%
Energy
1.18% 0.00% 12.38% 57.58%
Utilities
0.75% 0.00% 27.45% 64.14%

Stock Geographic Breakdown

Weighting Return Low Return High NAVIX % Rank
US
68.73% -31.19% 278.47% 29.05%
Non US
23.99% -2.12% 62.34% 14.76%

Bond Sector Breakdown

Weighting Return Low Return High NAVIX % Rank
Cash & Equivalents
99.67% 0.08% 100.00% 64.29%
Government
0.21% 0.00% 83.22% 23.33%
Corporate
0.12% 0.00% 99.92% 17.14%
Derivative
0.00% 0.00% 60.02% 76.19%
Securitized
0.00% 0.00% 50.60% 78.10%
Municipal
0.00% 0.00% 1.25% 73.81%

Bond Geographic Breakdown

Weighting Return Low Return High NAVIX % Rank
US
0.01% -27.11% 152.17% 27.14%
Non US
0.00% 0.00% 32.24% 78.57%

NAVIX - Expenses

Operational Fees

NAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.38% 0.40% 12.79% 87.98%
Management Fee 0.75% 0.00% 2.25% 13.15%
12b-1 Fee 0.00% 0.00% 1.00% 18.75%
Administrative Fee N/A 0.03% 1.47% 41.92%

Sales Fees

NAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

NAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

NAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 470.00% 0.00% 470.00% 99.43%

NAVIX - Distributions

Dividend Yield Analysis

NAVIX Category Low Category High NAVIX % Rank
Dividend Yield 0.00% 0.00% 21.26% 77.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NAVIX Category Low Category High NAVIX % Rank
Net Income Ratio 1.25% -2.65% 3.99% 10.10%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

NAVIX - Fund Manager Analysis

Managers

K. Clark


Start Date

Tenure

Tenure Rank

Dec 28, 2010

9.85

9.9%

As Clark Capital’s Chief Investment Officer, Sean oversees all of the Firm’s investment activities and heads the firm’s portfolio team. Sean joined the firm in 1993 and is responsible for asset allocation and investment selection for Navigator Investment Solutions as well as directing ongoing market research and contributing to the development of proprietary products. Sean is a member of the Clark Capital Investment Team and the Executive Team. He graduated from the University of Delaware, earning a B.S. and an M.A. in Economics. Sean holds the Chartered Financial Analyst® designation and is a member of the CFA Institute (formerly AIMR) and the Financial Analysts of Philadelphia, Inc. Sean is considered an industry expert and is often asked to appear on CNBC and Bloomberg television to share his views on the market. In addition, Sean has been featured in a number of articles in nationally distributed business journals and newspapers. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Mason Wev


Start Date

Tenure

Tenure Rank

Jan 29, 2018

2.76

2.8%

Mason joined Clark Capital Management Group, Inc. in 2005 as a Portfolio Manager He is a member of the Clark Capital Investment Team, contributing to asset allocation policy and security selection. Mason has more than a decade of experience in the investment industry. He is responsible for quantitative investment analysis, security selection, and communicating the firm’s investment policy to wealth advisors and consultants. He participates in the research and product development efforts of the Portfolio Team. A graduate of Dickinson College, Mason earned an M.B.A. in International Management from the Garvin School of Management at Thunderbird (the American Graduate School of International Management). He is a CFA® charterholder, a Chartered Market Technician, and holds the Chartered Alternative Investment Analyst® (CAIA®) designation.

David Rights


Start Date

Tenure

Tenure Rank

Jan 29, 2018

2.76

2.8%

As Director of Research David directs the ongoing research into securities selection and portfolio strategies used to enhance the Navigator® investment programs. In the late 1970s, David began to develop economically based, quantitatively driven econometric models. He has also developed technical models used to enhance relative returns and reduce the risks of ETF and fund based products. David is a member of the Clark Capital Investment Team. David was formerly President and Chief Investment Officer of RTE Asset Management which merged with Clark Capital in 2005. He holds a degree in Electrical Engineering from Lehigh University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.97 5.7 6.35