BTS Tactical Fixed Income Fund Class I (BTFIX)
| Fund Assets | 39.14M |
| Expense Ratio | 1.83% |
| Min. Investment | $100,000 |
| Turnover | 237.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 4.62% |
| Dividend Growth | -7.34% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 7.49 |
| YTD Return | -1.13% |
| 1-Year Return | 3.36% |
| 5-Year Return | -7.30% |
| 52-Week Low | 7.48 |
| 52-Week High | 7.81 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | May 27, 2015 |
About BTFIX
BTS Tactical Fixed Income Fund Class I is an institutional share class mutual fund focused on delivering total return through an actively managed, tactical approach to fixed income markets. The strategy can invest long or short and typically allocates at least 80% of assets to fixed income securities, derivatives on fixed income, or underlying funds, allowing flexibility across credit qualities and sectors. Positioned in the nontraditional bond category, it emphasizes trend and momentum-based allocation, enabling shifts among high yield corporates, Treasuries, and other bond exposures to navigate changing rate and credit conditions. The fund has featured concentrated use of underlying exchange-traded funds to express views, with recent allocations including high yield bond ETFs and other income-oriented instruments. It distributes income quarterly and targets a balance of income and risk management consistent with its tactical mandate. With an institutional minimum investment and above-average expenses for its peer group, the fund is designed for allocators seeking an unconstrained, risk-aware bond sleeve that can rotate across market regimes rather than adhere to a static benchmark-driven exposure.
Performance
BTFIX had a total return of 3.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.82%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 42.15% |
| Xtrackers USD High Yield Corporate Bond ETF | HYLB | 42.12% |
| State Street SPDR Port S&P 500 Val ETF | SPYV | 14.06% |
| Fidelity Government Portfolio | FIGXX | 1.70% |
| Cash | n/a | -0.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.0438 | Mar 31, 2026 |
| Dec 26, 2025 | $0.1266 | Dec 29, 2025 |
| Sep 29, 2025 | $0.0908 | Sep 30, 2025 |
| Jun 27, 2025 | $0.0848 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0547 | Mar 31, 2025 |
| Dec 27, 2024 | $0.1384 | Dec 30, 2024 |