Absolute Capital Asset Allocator Fund Investor Class (AAMCX)
| Fund Assets | 52.49M |
| Expense Ratio | 2.66% |
| Min. Investment | $2,500 |
| Turnover | 207.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.45% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 11.21 |
| YTD Return | 5.51% |
| 1-Year Return | 8.46% |
| 5-Year Return | 34.25% |
| 52-Week Low | 9.49 |
| 52-Week High | 11.53 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Dec 18, 2015 |
About AAMCX
Absolute Capital Asset Allocator Fund Investor Class is a mutual fund focused on tactical asset allocation, aiming to dynamically adjust its portfolio in response to changing market conditions. Its investment approach is categorized within the tactical allocation sector and features a large blend style, combining both growth and value equities with other asset types. The fund maintains significant exposure to exchange-traded funds covering a range of sectors, supplemented by holdings in U.S. Treasury securities and select corporate entities. Notably, the portfolio's top 10 holdings make up over half of total assets, underscoring a concentrated allocation strategy. The fund is characterized by a high turnover rate, suggesting active management and frequent rebalancing. With an above-average expense ratio relative to peers, cost is a notable aspect of its structure. It primarily serves investors seeking a managed solution that adapts to economic shifts, providing broad market exposure while attempting to moderate risk through diversified asset choices.
Performance
AAMCX had a total return of 8.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.50%.
Top 10 Holdings
66.20% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGXXX | 10.89% |
| Technology Select Sector SPDR Fund | XLK | 7.66% |
| United States Treasury Notes 2.875% | n/a | 7.62% |
| SPDR S&P 1500 Value Tilt ETF | VLU | 7.31% |
| iShares Core Dividend ETF | DIVB | 7.30% |
| Vanguard Communication Services ETF | VOX | 6.32% |
| Fidelity Momentum Factor ETF | FDMO | 6.05% |
| iShares Morningstar Growth ETF | ILCG | 5.29% |
| Vanguard Total Stock Market ETF | VTI | 4.09% |
| Netflix, Inc. | NFLX | 3.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.3897 | Dec 27, 2024 |
| Dec 29, 2021 | $0.9916 | Dec 30, 2021 |
| Dec 26, 2018 | $1.0867 | Dec 26, 2018 |
| Dec 26, 2017 | $0.414 | Dec 26, 2017 |
| Dec 27, 2016 | $0.123 | Dec 27, 2016 |