Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.7%
1 yr return
-7.0%
3 Yr Avg Return
-6.9%
5 Yr Avg Return
-1.2%
Net Assets
$28.1 M
Holdings in Top 10
99.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 318.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RQIIX - Profile
Distributions
- YTD Total Return -0.7%
- 3 Yr Annualized Total Return -6.9%
- 5 Yr Annualized Total Return -1.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameRESQ Strategic Income Fund
-
Fund Family NameRESQ Funds
-
Inception DateDec 20, 2013
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Greer
Fund Description
The Fund seeks to achieve its investment objective by investing in a portfolio of mutual funds and exchange traded funds (ETFs) (collectively, Underlying Funds) that invest in domestic and foreign (including emerging markets) (i) fixed income securities (including bills, notes, debentures, bonds, convertible securities, and any other debt or debt-related securities) whether issued by U.S. or non-U.S. governments, agencies or instrumentalities thereof or corporate entities, and having fixed, variable, floating or inverse floating rates, (ii) fixed income derivatives including options, financial futures, options on futures and swaps, (iii) other evidences of indebtedness, (iv) income producing equity securities (including dividend paying common stocks, preferred stock and real estate investment trusts (REITs)) of any market capitalization and (v) commodities. The fixed income securities in which the Fund invests may be of any maturity or credit quality (including junk bonds). The Underlying Funds may also engage in short selling and use leverage, which furthers the Funds investment objective by allowing the Fund to hedge risk to attempt to preserve capital. The Fund may be concentrated in certain sectors from time to time. The Adviser selects the appropriate allocation to achieve the Funds objectives based on its proprietary quantitative models and the Advisers subjective judgement about the market.
The quantitative proprietary models use a mathematical-based process to determine, on a daily basis, trends and asset classes in which the Fund invests. The mathematical algorithms combine statistical measures such as correlations, standard deviations, and technical indicators (price oscillators and moving averages) to assess the performance of an asset class and the overall market. The systems track investment price movements and look for advantageous entry points while calculating exit strategies for each investment at the same time. Although not the sole criteria for investment decisions, the quantitative model is regimented and disciplined in a manner that adds an unemotional approach to the purchase and sale of each investment. The Fund seeks positive returns through all market cycles and moves to cash positions when the markets decline and moves back to securities when the markets rally.
The methodology used by the Adviser in selecting securities for the Funds portfolio generally results in high portfolio turnover.
RQIIX - Performance
Return Ranking - Trailing
Period | RQIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -3.3% | 3.8% | 40.00% |
1 Yr | -7.0% | -6.8% | 12.7% | 98.40% |
3 Yr | -6.9%* | -10.6% | 5.6% | 97.54% |
5 Yr | -1.2%* | -9.0% | 5.8% | 97.39% |
10 Yr | -1.8%* | -2.2% | 3.8% | 98.88% |
* Annualized
Return Ranking - Calendar
Period | RQIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.5% | -6.5% | 9.5% | 100.00% |
2022 | -11.1% | -24.6% | -1.5% | 10.57% |
2021 | -7.7% | -8.5% | 3.8% | 98.36% |
2020 | 11.1% | -16.2% | 11.1% | 0.84% |
2019 | 7.4% | 3.0% | 10.7% | 60.00% |
Total Return Ranking - Trailing
Period | RQIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.7% | -3.3% | 3.8% | 40.00% |
1 Yr | -7.0% | -6.8% | 12.7% | 98.40% |
3 Yr | -6.9%* | -10.6% | 5.6% | 97.54% |
5 Yr | -1.2%* | -9.0% | 5.8% | 97.39% |
10 Yr | -1.8%* | -2.2% | 3.8% | 98.88% |
* Annualized
Total Return Ranking - Calendar
Period | RQIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.8% | -5.6% | 13.3% | 98.40% |
2022 | -10.1% | -22.6% | 8.8% | 21.95% |
2021 | -7.7% | -8.5% | 13.8% | 98.36% |
2020 | 11.6% | -13.7% | 13.5% | 4.20% |
2019 | 8.2% | 5.7% | 18.4% | 94.78% |
NAV & Total Return History
RQIIX - Holdings
Concentration Analysis
RQIIX | Category Low | Category High | RQIIX % Rank | |
---|---|---|---|---|
Net Assets | 28.1 M | 8.81 M | 5.46 B | 88.00% |
Number of Holdings | 4 | 2 | 2856 | 97.60% |
Net Assets in Top 10 | 27.2 M | 9.14 M | 5.27 B | 89.60% |
Weighting of Top 10 | 99.72% | 10.9% | 102.4% | 7.20% |
Top 10 Holdings
- FRST AM-GV OB-X 73.04%
- PROSHARES ULTRASHORT 20+Y 11.64%
- PRO ULTRA VIX ST 8.52%
- ISHARES PREFERRED INCOM 6.52%
Asset Allocation
Weighting | Return Low | Return High | RQIIX % Rank | |
---|---|---|---|---|
Cash | 73.32% | 0.00% | 73.32% | 1.60% |
Stocks | 26.68% | 0.00% | 103.14% | 75.20% |
Convertible Bonds | 1.61% | 0.00% | 3.97% | 38.40% |
Preferred Stocks | 0.00% | 0.00% | 1.20% | 92.00% |
Other | 0.00% | -79.08% | 39.28% | 81.60% |
Bonds | 0.00% | 0.00% | 162.82% | 92.80% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RQIIX % Rank | |
---|---|---|---|---|
Utilities | 91.26% | 0.00% | 91.26% | 1.60% |
Industrials | 4.27% | 0.00% | 29.86% | 93.60% |
Healthcare | 2.95% | 0.00% | 19.76% | 96.00% |
Communication Services | 1.52% | 0.00% | 11.71% | 98.40% |
Technology | 0.00% | 0.00% | 25.62% | 99.20% |
Real Estate | 0.00% | 0.00% | 78.69% | 99.20% |
Financial Services | 0.00% | 0.00% | 20.10% | 99.20% |
Energy | 0.00% | 0.00% | 27.98% | 99.20% |
Consumer Defense | 0.00% | 0.00% | 22.77% | 98.40% |
Consumer Cyclical | 0.00% | 0.00% | 12.36% | 99.20% |
Basic Materials | 0.00% | 0.00% | 8.62% | 99.20% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RQIIX % Rank | |
---|---|---|---|---|
US | 26.68% | 0.00% | 103.14% | 72.80% |
Non US | 0.00% | 0.00% | 14.08% | 91.20% |
RQIIX - Expenses
Operational Fees
RQIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.40% | 0.11% | 6.36% | 5.60% |
Management Fee | 1.20% | 0.00% | 1.25% | 98.40% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | 42.12% |
Sales Fees
RQIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
RQIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 50.00% |
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.
RQIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 318.00% | 6.00% | 318.00% | 99.12% |
RQIIX - Distributions
Dividend Yield Analysis
RQIIX | Category Low | Category High | RQIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.21% | 72.80% |
Dividend Distribution Analysis
RQIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | SemiAnnual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
RQIIX | Category Low | Category High | RQIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.43% | -1.30% | 3.99% | 97.56% |
Capital Gain Distribution Analysis
RQIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.011 | OrdinaryDividend |
Feb 29, 2024 | $0.016 | OrdinaryDividend |
Jan 31, 2024 | $0.046 | OrdinaryDividend |
Oct 31, 2023 | $0.020 | OrdinaryDividend |
Sep 29, 2023 | $0.018 | OrdinaryDividend |
Aug 31, 2023 | $0.010 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.016 | OrdinaryDividend |
Apr 28, 2023 | $0.017 | OrdinaryDividend |
Mar 31, 2023 | $0.042 | OrdinaryDividend |
Jun 30, 2022 | $0.071 | OrdinaryDividend |
Dec 29, 2020 | $0.027 | OrdinaryDividend |
Mar 30, 2020 | $0.012 | OrdinaryDividend |
Dec 27, 2019 | $0.032 | OrdinaryDividend |
Jun 27, 2019 | $0.037 | OrdinaryDividend |
Jul 30, 2018 | $0.007 | OrdinaryDividend |
Jun 28, 2018 | $0.020 | OrdinaryDividend |
Mar 28, 2018 | $0.011 | OrdinaryDividend |
Feb 27, 2018 | $0.014 | OrdinaryDividend |
Jan 30, 2018 | $0.019 | OrdinaryDividend |
Dec 27, 2017 | $0.011 | OrdinaryDividend |
Oct 30, 2017 | $0.008 | OrdinaryDividend |
Sep 28, 2017 | $0.035 | OrdinaryDividend |
Mar 30, 2017 | $0.014 | OrdinaryDividend |
Jan 30, 2017 | $0.029 | OrdinaryDividend |
Jan 28, 2016 | $0.020 | OrdinaryDividend |
Jun 29, 2015 | $0.010 | OrdinaryDividend |
May 28, 2015 | $0.006 | OrdinaryDividend |
Apr 29, 2015 | $0.005 | OrdinaryDividend |
Mar 30, 2015 | $0.008 | OrdinaryDividend |
Feb 26, 2015 | $0.019 | OrdinaryDividend |
Dec 29, 2014 | $0.132 | OrdinaryDividend |
Jul 30, 2014 | $0.033 | OrdinaryDividend |
Jun 27, 2014 | $0.045 | OrdinaryDividend |
May 29, 2014 | $0.006 | OrdinaryDividend |
Apr 29, 2014 | $0.022 | OrdinaryDividend |
Mar 28, 2014 | $0.007 | OrdinaryDividend |
RQIIX - Fund Manager Analysis
Managers
John Greer
Start Date
Tenure
Tenure Rank
Dec 20, 2013
8.45
8.5%
John W. Greer, CFA, has been a Portfolio Manager of the RESQ Investment Partners, LLC since starting the RESQ Investment Partners, LLC in 2013. Mr. Greer has been an investment strategist at Total Investment Management, Inc., an affiliate of the RESQ Investment Partners, since 2007 and sits on the investment committee. Mr. Greer earned his BS in Finance from W.P. Carey School of Business at Arizona State University.
Todd Foster
Start Date
Tenure
Tenure Rank
Dec 20, 2013
8.45
8.5%
Todd M. Foster, CPA, AIF, has been a Portfolio Manager of the RESQ Investment Partners, LLC since starting the RESQ Investment Partners, LLC in 2013. Mr. Foster has been a principal at Total Investment Management, Inc., an affiliate of the RESQ Investment Partners, since 1998 and sits on the investment committee. Mr. Foster earned his BS in Accounting from Janice H. Levin School of Business at Rutgers University.
Bryan Lee
Start Date
Tenure
Tenure Rank
Dec 20, 2013
8.45
8.5%
Bryan M. Lee, CMT, has been a Portfolio Manager of the RESQ Investment Partners, LLC since starting the RESQ Investment Partners, LLC in 2013. Mr. Lee is Chief Market Technician at Total Investment Management, Inc., an affiliate of RESQ Investment Partners, and has been with Total Investment Management, Inc. since 2005. Mr. Lee earned his BS in Marketing from W.P. Carey School of Business at Arizona State University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 26.96 | 6.45 | 12.09 |