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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.71

$231 M

20.17%

$1.96

2.09%

Vitals

YTD Return

16.8%

1 yr return

34.8%

3 Yr Avg Return

18.0%

5 Yr Avg Return

10.0%

Net Assets

$231 M

Holdings in Top 10

91.9%

52 WEEK LOW AND HIGH

$9.5
$8.03
$10.96

Expenses

OPERATING FEES

Expense Ratio 2.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 244.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Commodities Broad Basket


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.71

$231 M

20.17%

$1.96

2.09%

SPCIX - Profile

Distributions

  • YTD Total Return 16.8%
  • 3 Yr Annualized Total Return 18.0%
  • 5 Yr Annualized Total Return 10.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -2.08%
DIVIDENDS
  • Dividend Yield 20.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    SilverPepper Commodity Strategies Global Macro Fund
  • Fund Family Name
    SilverPepper
  • Inception Date
    Oct 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Renee Haugerud

Fund Description

Global Macro is an investment strategy that is defined by its freedom to trade both long and short positions in an array of asset classes and investment instruments located anywhere in the world. Under normal market conditions, the advisor expects to primarily invest in securities and instruments that provide investment exposure to a variety of countries and regions throughout the world, including both developed and emerging markets.


SPCIX - Performance

Return Ranking - Trailing

Period SPCIX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -21.4% 55.2% 41.48%
1 Yr 34.8% -88.7% 188.9% 63.06%
3 Yr 18.0%* -47.9% 52.4% 62.09%
5 Yr 10.0%* -39.9% 82.1% 58.96%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Return Ranking - Calendar

Period SPCIX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.3% -58.5% 1912.1% 67.87%
2020 4.0% -87.8% 612.3% 43.58%
2019 4.2% -88.2% 438.4% 64.62%
2018 -12.9% -81.2% 323.8% 46.63%
2017 -2.4% -37.6% 55.7% 78.29%

Total Return Ranking - Trailing

Period SPCIX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -49.6% 119.0% 45.85%
1 Yr 34.8% -88.7% 188.9% 60.36%
3 Yr 18.0%* -47.9% 52.4% 59.72%
5 Yr 10.0%* -39.9% 82.1% 57.80%
10 Yr N/A* -29.8% 27.7% N/A

* Annualized

Total Return Ranking - Calendar

Period SPCIX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.3% -58.5% 1912.1% 67.87%
2020 4.0% -87.8% 612.3% 43.58%
2019 4.2% -88.2% 438.4% 65.09%
2018 -12.9% -81.2% 323.8% 49.08%
2017 -2.4% -37.6% 55.7% 84.87%

NAV & Total Return History


SPCIX - Holdings

Concentration Analysis

SPCIX Category Low Category High SPCIX % Rank
Net Assets 231 M 348 K 63.1 B 50.64%
Number of Holdings 27 1 846 54.19%
Net Assets in Top 10 198 M 0 63.2 B 67.10%
Weighting of Top 10 91.89% 20.7% 100.0% 40.14%

Top 10 Holdings

  1. Umb Money Mkt Fd 66.06%
  2. Silver Pepper Cayman Entity 23.49%
  3. United States Treasury Bills 0% 5.62%
  4. United States Treasury Bills 0% 5.46%
  5. United States Treasury Bills 5.05%
  6. United States Treasury Bills 0% 4.21%
  7. United States Treasury Bills 0% 3.02%
  8. United States Treasury Bills 0% 2.32%
  9. Range Resources Corp 0.10%
  10. Walgreens Boots Alliance Inc 0.09%

Asset Allocation

Weighting Return Low Return High SPCIX % Rank
Cash
68.70% -81.87% 100.00% 17.65%
Stocks
23.49% 0.00% 92.26% 11.61%
Other
7.80% -47.59% 165.73% 84.97%
Preferred Stocks
0.00% 0.00% 0.00% 92.81%
Convertible Bonds
0.00% 0.00% 3.89% 94.12%
Bonds
0.00% 0.00% 96.71% 99.35%

Stock Sector Breakdown

Weighting Return Low Return High SPCIX % Rank
Utilities
0.00% 0.00% 27.00% 81.82%
Technology
0.00% 0.00% 2.77% 100.00%
Real Estate
0.00% 0.00% 13.82% 81.82%
Industrials
0.00% 0.00% 23.28% 93.94%
Healthcare
0.00% 0.00% 1.73% 90.91%
Financial Services
0.00% 0.00% 100.00% 78.79%
Energy
0.00% 0.00% 46.32% 54.55%
Communication Services
0.00% 0.00% 100.00% 90.91%
Consumer Defense
0.00% 0.00% 12.04% 93.94%
Consumer Cyclical
0.00% 0.00% 3.41% 93.94%
Basic Materials
0.00% 0.00% 100.00% 93.94%

Stock Geographic Breakdown

Weighting Return Low Return High SPCIX % Rank
US
23.49% -22.46% 53.33% 5.88%
Non US
0.00% 0.00% 73.02% 95.42%

SPCIX - Expenses

Operational Fees

SPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.09% 0.10% 3.08% 3.95%
Management Fee 1.50% 0.00% 1.75% 97.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.45% 44.68%

Sales Fees

SPCIX 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

SPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 57.89%

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.

SPCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 244.00% 0.00% 460.74% 99.21%

SPCIX - Distributions

Dividend Yield Analysis

SPCIX Category Low Category High SPCIX % Rank
Dividend Yield 20.17% 0.00% 44.69% 18.03%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SPCIX Category Low Category High SPCIX % Rank
Net Income Ratio -2.08% -55.71% 52.26% 95.92%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

SPCIX - Fund Manager Analysis

Managers

Renee Haugerud


Start Date

Tenure

Tenure Rank

Oct 31, 2013

8.59

8.6%

Renee Haugerud is the Founder, Chief Investment Officer and Managing Principal of Galtere. Ms. Haugerud began trading in the global financial and commodity markets beginning in 1981 for Cargill Inc., an agriculture and food company. Her interests in the relationship between financial markets and geopolitics led to her first international posting in Geneva, Switzerland, where she ultimately served as Cargill’s Foreign Exchange Trading Manager. Additionally, she further developed her expertise in a long range of securities by assuming the positions of Manager of the US Fixed Income trading desk, Minneapolis, MN; Financial Division Manager at the Melbourne Australia Office; board membership of Cargill Australia, and finally Vice President/Structural Trading Manager in Cargill’s headquarters in Minneapolis. Following her years at Cargill, Ms. Haugerud spent two years in Hong Kong as the Head of Proprietary Trading for Natwest in their Global Financial Markets division. She then returned to the United States as the Financial Trading Manager for Hunter Douglas N.A. in New York. Ms. Haugerud received her B.S. degree with Honors in Forest Resource Management from the University of Montana in 1980.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 17.03 5.77 11.51