BTS Tactical Fixed Income Fund Class A (BTFAX)
| Fund Assets | 43.50M |
| Expense Ratio | 2.09% |
| Min. Investment | $1,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.19% |
| Dividend Growth | -2.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 8.03 |
| YTD Return | 0.75% |
| 1-Year Return | 1.86% |
| 5-Year Return | -6.18% |
| 52-Week Low | 7.59 |
| 52-Week High | 8.04 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | May 31, 2013 |
About BTFAX
BTS Tactical Fixed Income Fund Class A is a mutual fund that targets total return by employing a flexible, actively managed approach within the fixed income sector. Its strategy allows it to allocate assets dynamically between high-yield corporate bonds, U.S. Treasuries, and cash equivalents, adjusting exposures in response to changing market conditions. The fund’s holdings are concentrated in high-yield bond exchange-traded funds (ETFs), frequently allocating significant portions to ETFs like Xtrackers USD High Yield Corporate Bond ETF and iShares Broad USD High Yield Corporate Bond ETF, reflecting an emphasis on nontraditional bond exposures. With a low to limited credit quality and interest rate sensitivity, the fund pursues opportunities across varying segments of the bond market while prioritizing capital preservation. It may also utilize derivatives, leverage, and other sophisticated risk management techniques to navigate volatility and manage downside risks. Notable for its relatively high expense ratio and front-loaded share class, BTS Tactical Fixed Income Fund Class A primarily serves investors seeking an adaptive fixed income solution capable of shifting allocations in response to evolving credit and interest rate environments.
Performance
BTFAX had a total return of 1.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.62%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Xtrackers USD High Yield Corporate Bond ETF | HYLB | 42.93% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 42.88% |
| Invesco S&P 500® High Div Low Vol ETF | SPHD | 14.10% |
| Fidelity Government Portfolio | FIGXX | 0.14% |
| Cash | n/a | -0.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2025 | $0.1213 | Dec 29, 2025 |
| Sep 29, 2025 | $0.0858 | Sep 30, 2025 |
| Jun 27, 2025 | $0.0798 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0497 | Mar 31, 2025 |
| Dec 27, 2024 | $0.1329 | Dec 30, 2024 |
| Sep 27, 2024 | $0.0851 | Sep 30, 2024 |