Water Island Credit Opportunities Fund Class I (ACFIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.83
0.00 (0.00%)
Jul 3, 2025, 4:00 PM EDT
1.34% (1Y)
| Fund Assets | 117.91M |
| Expense Ratio | 1.06% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.24% |
| Dividend Growth | -12.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.83 |
| YTD Return | 1.33% |
| 1-Year Return | 4.34% |
| 5-Year Return | 19.56% |
| 52-Week Low | 9.70 |
| 52-Week High | 9.84 |
| Beta (5Y) | n/a |
| Holdings | 90 |
| Inception Date | Oct 1, 2012 |
About ACFIX
The Water Island Credit Opportunities Fund Class I (ACFIX) seeks to provide current income and capital growth. ACFIX invests in a portfolio of debt securities including corporate bonds and debentures, bank loans, convertible and preferred securities that the Funds investment adviser believes have debt-like characteristics.
Category Nontraditional Bond
Stock Exchange NASDAQ
Ticker Symbol ACFIX
Share Class Class I
Index ICE BofA US 3-Month T Bill TR IX
Performance
ACFIX had a total return of 4.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.
Top 10 Holdings
51.34% of assets| Name | Symbol | Weight |
|---|---|---|
| MORGAN STANLEY PRIME BROKER US | n/a | 19.77% |
| Hewlett Packard Enterprise Co. 5% | HPE.5 10.15.34 | 4.46% |
| Spotify USA Inc 0% | SPOT.0 03.15.26 | 3.95% |
| Frontier Communications Holdings Llc 8.75% | FYBR.8.75 05.15.30 144A | 3.93% |
| Boost Newco Borrower LLC 7.5% | WRLDPY.7.5 01.15.31 144A | 3.57% |
| Uber Technologies Inc 0.01% | UBER.0 12.15.25 | 3.29% |
| Spirit AeroSystems Inc 9.75% | SPR.9.75 11.15.30 144A | 3.17% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.14% |
| Landsea Homes Corp. 8.875% | LSEA.8.875 04.01.29 144A | 3.04% |
| Insulet Corporation 0.375% | PODD.0.375 09.01.26 | 3.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03346 | Jul 1, 2025 |
| May 30, 2025 | $0.03015 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03634 | May 1, 2025 |
| Mar 31, 2025 | $0.03047 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02941 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03052 | Feb 3, 2025 |