SVARX: Spectrum Low Volatility Investor

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SVARX Spectrum Low Volatility Investor

  • Fund
  • SVARX
  • Price as of: Oct 18, 2019
  • $21.46 + $0.01 + 0.05%

SVARX - Profile

Vitals

  • YTD Return 5.1%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $82.2 M
  • Holdings in Top 10 149.6%

52 WEEK LOW AND HIGH

$21.46
$20.42
$22.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.53%

SALES FEES

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

BROKERAGE FEES

  • Turnover 438.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Spectrum Low Volatility Fund
  • Fund Family Name Advisors Preferred
  • Inception Date Dec 16, 2013
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Ralph J. Doudera

Fund Description

The fund's adviser delegates execution of the fund's investment strategy to a sub-adviser. It invests in a diversified portfolio of primarily income-producing fixed income securities. The sub-adviser does not select individual bonds or other fixed income securities but instead, invests the fund's assets in open-end investment companies ("mutual funds") and exchange-traded funds ("ETFs") that each invests primarily in fixed rate or floating rate fixed income securities.

SVARX - Performance

Return Ranking - Trailing

Period SVARX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -6.6% 12.9% 20.36%
1 Yr 5.1% -11.7% 13.8% 14.23%
3 Yr 5.7%* -5.0% 5.7% 0.40%
5 Yr 6.4%* -4.7% 6.4% 0.52%
10 Yr N/A* -3.2% 5.7% N/A

* Annualized


Return Ranking - Calendar

Period SVARX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.3% -9.2% 0.8% 33.73%
2017 1.3% -12.3% 9.4% 53.31%
2016 6.6% -2.8% 10.7% 8.30%
2015 -1.9% -11.1% 4.8% 13.86%
2014 -0.4% -8.4% 54.9% 27.50%

Total Return Ranking - Trailing

Period SVARX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -6.6% 12.9% 20.71%
1 Yr 5.1% -10.8% 16.6% 15.30%
3 Yr 5.7%* -3.4% 6.4% 2.00%
5 Yr 6.4%* -4.7% 6.4% 0.52%
10 Yr N/A* -3.2% 5.7% N/A

* Annualized


Total Return Ranking - Calendar

Period SVARX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.3% -9.2% 4.1% 60.32%
2017 1.3% -3.1% 15.2% 71.90%
2016 6.6% -2.8% 17.7% 18.78%
2015 -1.9% -10.1% 5.4% 42.08%
2014 -0.4% -8.0% 55.3% 66.25%

NAV & Total Return History

SVARX - Holdings

Concentration Analysis

SVARX Category Low Category High SVARX % Rank
Net Assets 82.2 M 1.15 M 33.3 B 78.75%
Number of Holdings 17 12 4813 95.89%
Net Assets in Top 10 121 M -5.94 B 10.5 B 43.84%
Weighting of Top 10 149.56% 0.0% 964.5% 6.51%

Top 10 Holdings

  1. Lord Abbett High Yield A 24.30%

  2. Alphacentric Inc Opp 23.31%

  3. Ishares Iboxx Hy Cor 19.27%

  4. Blackrock High Yield 19.16%

  5. Recv Nuveen High Yield Mu 14.25%

  6. Recv Semper Mbs Total Ret 14.06%

  7. Ishares Tr Jp Mor Em 9.95%

  8. iShares Preferred&Income Securities ETF 9.61%

  9. PIMCO Income Instl 8.44%

  10. Ishares Sp National 7.22%


Asset Allocation

Weighting Return Low Return High SVARX % Rank
Other
107.29% -17.86% 107.29% 0.34%
Bonds
33.21% -41.63% 192.02% 93.15%
Preferred Stocks
9.06% 0.00% 21.25% 1.71%
Stocks
1.71% -34.71% 17.13% 12.33%
Convertible Bonds
0.63% 0.00% 90.21% 49.32%
Cash
-51.91% -85.87% 135.46% 97.26%

Stock Sector Breakdown

Weighting Return Low Return High SVARX % Rank
Utilities
0.31% -0.04% 2.50% 8.18%
Technology
0.28% 0.00% 13.39% 9.09%
Consumer Cyclical
0.24% -0.50% 2.14% 11.36%
Healthcare
0.18% -0.10% 7.25% 10.45%
Financial Services
0.18% 0.00% 11.82% 23.18%
Industrials
0.14% 0.00% 2.96% 20.00%
Consumer Defense
0.13% -0.03% 0.71% 14.55%
Basic Materials
0.08% 0.00% 1.02% 15.00%
Real Estate
0.05% -0.07% 4.51% 35.45%
Energy
0.03% 0.00% 1.63% 38.18%
Communication Services
0.02% -0.01% 0.54% 23.64%

Stock Geographic Breakdown

Weighting Return Low Return High SVARX % Rank
US
1.49% -32.05% 16.91% 11.30%
Non US
0.22% -2.66% 5.74% 11.99%

Bond Sector Breakdown

Weighting Return Low Return High SVARX % Rank
Corporate
33.87% -0.98% 139.76% 43.49%
Securitized
6.77% 0.00% 134.86% 71.58%
Derivative
2.86% -308.29% 13.08% 10.96%
Municipal
0.01% 0.00% 82.33% 32.53%
Government
-0.61% -212.16% 446.78% 79.11%
Cash & Equivalents
-51.91% -86.29% 133.57% 97.26%

Bond Geographic Breakdown

Weighting Return Low Return High SVARX % Rank
US
28.42% -107.55% 111.28% 74.66%
Non US
4.79% -24.24% 194.30% 78.08%

SVARX - Expenses

Operational Fees

SVARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.53% 0.20% 25.49% 6.82%
Management Fee 2.15% 0.00% 2.15% 100.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.45% N/A

Sales Fees

SVARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SVARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Turnover 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.

SVARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 438.00% 0.00% 2337.00% 88.77%

SVARX - Distributions

Dividend Yield Analysis

SVARX Category Low Category High SVARX % Rank
Dividend Yield 2.29% 0.00% 5.18% 28.15%

Dividend Distribution Analysis

SVARX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

SVARX Category Low Category High SVARX % Rank
Net Income Ratio 0.10% 0.10% 6.40% 100.00%

Capital Gain Distribution Analysis

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

SVARX - Managers

Ralph J. Doudera

Manager

Start Date

Tenure

Tenure Rank

Dec 16, 2013

5.79

5.8%

Ralph Doudera is the CEO of Spectrum Financial, Inc., a Registered Investment Advisory firm that is responsible for investing hundreds of millions of dollars of client assets. Over the past 25 years Spectrum’s investment and trading philosophy has strived to consistently provide above average investment returns while minimizing downside losses. He is also an investment strategist to Hundredfold Advisors, managing two mutual funds. Mr. Doudera has a Bachelor’s Degree in Mechanical Engineering and a Master’s Degree in Management and Finance from New Jersey Institute of Technology. He has also received a Master’s Degree in Biblical Studies from Regent University. He founded Simply Distribute Foundation, which contributes to organizations promoting microfinance, supporting third world children hospitals, building orphanages and churches, and evangelism. He believes this is the best way to make positive changes in this world. Ralph has five grown children, two stepdaughters, and eight grandchildren. His activities are diverse, from auto racing to composing music and playing the piano on his Church worship team. He also enjoys surfing in Costa Rica where he currently owns the beachfront Casa Cecilia Hotel in St. Teresa, Costa Rica. His first book, Wealth Conundrum, is now in its third printing, and it addresses the puzzles of wealth from a Biblical perspective. It is also available in Korean, and Arabic versions.


Tenure Analysis

Category Low

0.0

Category High

24.76

Category Average

5.35

Category Mode

0.75