AXS Adaptive Plus I (AXSPX)
| Fund Assets | 37.27M |
| Expense Ratio | 2.04% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.08% |
| Dividend Growth | 236.94% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 11.09 |
| YTD Return | -0.45% |
| 1-Year Return | 1.61% |
| 5-Year Return | n/a |
| 52-Week Low | 9.72 |
| 52-Week High | 11.93 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | n/a |
About AXSPX
AXS Adaptive Plus Fund Class I is an actively managed mutual fund that employs a tactical long/short equity strategy. The fund’s primary objective is to seek capital appreciation in both rising and falling U.S. equity markets. It does this by dynamically adjusting its exposure, aiming to generate positive returns regardless of prevailing market conditions. The strategy is quantitatively driven, seeking to mimic the performance of the ProfitScore Regime-Adaptive Long/Short Equity Index, a proprietary benchmark designed to respond adaptively to shifts in market volatility and direction. The fund’s portfolio typically features positions in U.S. Treasury bills and equity-linked instruments, such as call options or swaps, to provide diversified exposure and risk management. This approach may help diversify a traditional long-only equity allocation, as it strives to extract value during both risk-on (bull) and risk-off (bear) periods. The fund is intended for institutional investors, as indicated by its Class I shares. With its adaptive methodology, the AXS Adaptive Plus Fund Class I plays a distinctive role in the market by offering access to alternative equity strategies within a regulated mutual fund structure.
Performance
AXSPX had a total return of 1.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.11%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| AXSVX | Investor Class | 2.29% |
Top 10 Holdings
97.89% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bill | 912797QS | 24.95% |
| NOMURA GALAXY PROFIT SCORE ADAPTIVE REGIM / | GPSAR | 23.03% |
| United States Treasury Bill | 912797MG | 20.24% |
| Fidelity Colchester Street Trust - Treasury Portfolio | FISXX | 17.11% |
| United States Treasury Bill | 912797QE | 12.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.45446 | Dec 16, 2024 |
| Dec 15, 2023 | $0.13488 | Dec 15, 2023 |
| Dec 16, 2022 | $0.02627 | Dec 16, 2022 |