About BTFCX
BTS Tactical Fixed Income Fund Class C is a nontraditional bond mutual fund designed to provide total return by dynamically managing exposure to a broad spectrum of fixed income securities. The fund seeks flexibility by investing at least 80% of its assets in fixed income instruments issued by both domestic and foreign entities, with the ability to take both long and short positions without limitations on maturity, credit quality, issuer type, country, or currency. This approach allows the fund to navigate varying interest rate environments and adapt its duration exposure across a wide range, even down to zero or negative values if market conditions warrant.
A notable characteristic of this fund is its tactical allocation, which incorporates derivatives and underlying funds to fine-tune fixed income exposure. The top holdings are predominantly high-yield corporate bond ETFs, with additional exposure to sectors such as real estate, consumer staples, and utilities, reflecting an unconstrained strategy that can cross asset classes when seeking risk-adjusted returns. This flexibility distinguishes it within the nontraditional bond category, offering investors an alternative to conventional bond funds, particularly during periods of market volatility or shifting interest rate cycles. The fund’s active management, diverse fixed income allocation, and sector exposure position it as a tool for sophisticated portfolio strategies seeking to navigate complex fixed income markets.
Fund Family BTS
Category Alt Credit Focus
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol BTFCX
Share Class Class C Shares
Index Bloomberg U.S. Aggregate Bond TR
BTFCX had a total return of -3.00% in the past year, including dividends. Since the fund's
inception, the average annual return has been -0.75%.
