Absolute Convertible Arbitrage Fund Institutional Shares ARBIX:NASDAQ

Net Asset Value$10.73Previous Close - 11/15/2019
1-Day Change+0.01(0.09%)
YTD Change+0.53(5.20%)

Growth of $10,000 Since Fund Inception

View portfolioPortfolio as of 06/30/2019

Top 5 SectorsTop 5 Holdings
Miscellaneous15.24%
BlackRock Liquidity T-Fund;...15.24%
Communications-0.22%
Change Healthcare Inc0.23%
Other-0.34%
Veeco Instruments Inc ORD-0.05%
Consumer Non-Durables-0.41%
Evolent Health Inc ORD-0.07%
Consumer Services-0.42%
FireEye Inc ORD-0.07%
Concentration of Top 513.85% Concentration of Top 515.28% 

Fund Profile

Fund Strategy

The Fund seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. It invests primarily in a diversified portfolio of convertible securities. These are typically debt securities or preferred stocks that can be exchanged for, or converted to common stock.

Fund Category Sector Equity
Inception Date 08/14/2017
Manager Compson/Hage
Fund Classification Alternative Eq Mrkt Neutral Fds
Managed Since 2017
Other Managed Funds none

Lipper Leader Scorecard as of N/A

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Fund Highlights

Total Expense Ratio1.60%
Average Market CapitallizationN/A
Net Asset ValueN/A
Total Net Assets$132.2 M
Sales ExpensesInstitutional Load Fund
Minimum Initial Investment$25000
Minimum IRA Investment$25000
AvailabilityOpen to New Investors
Current Yield0.62%
Dividend Ex-Date06/28/2019

Risk Analysis

Beta vs. S&P 500N/A
R-Squared vs. S&P 500N/A
Standard Deviation12.17%
Sharpe Ratio0.80
Portfolio TurnoverN/A