Westwood Broadmark Tactical Plus F (BTPIX)
| Fund Assets | 59.73M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 1,280.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.96% |
| Dividend Growth | -14.72% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 11.05 |
| YTD Return | -5.70% |
| 1-Year Return | -5.90% |
| 5-Year Return | 9.37% |
| 52-Week Low | 10.61 |
| 52-Week High | 12.07 |
| Beta (5Y) | 0.19 |
| Holdings | 6 |
| Inception Date | Dec 31, 2012 |
About BTPIX
Westwood Broadmark Tactical Plus Fund F Class Shares is an actively managed mutual fund designed to serve as a core portfolio holding for investors seeking both downside protection and participation in equity market upside. The fund's primary objective is to deliver above-average risk-adjusted returns with less volatility than the S&P 500 Index, regardless of prevailing market conditions. Employing a nimble, tactical strategy, the fund actively adjusts its market exposure based on macroeconomic and technical factors, aiming to sidestep significant downturns while remaining positioned for potential gains. To achieve its aims, the fund uses a variety of instruments including derivatives such as futures, options, swaps, and exchange-traded funds, and may deploy short selling and hedged equity strategies. This approach exposes the fund to unique risks—including volatility, leverage, and liquidity—with a focus on managing total market risk. The fund invests across market capitalizations and regions, though its portfolio tends to have a significant concentration in its top holdings. As part of the equity hedged Morningstar category, the fund is particularly relevant for investors seeking reduced equity beta and volatility in their asset allocation.
Performance
BTPIX had a total return of -5.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.70%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGUXX | 50.51% |
| E-mini S&P 500 Future Sept 25 | n/a | 33.08% |
| E-mini Nasdaq 100 Future Sept 25 | n/a | 6.85% |
| E-mini Russell 2000 Index Future Sept 25 | n/a | 6.60% |
| Morgan Stanley Margin Dep | n/a | 2.96% |
| S&P Emini 1st Wee Sep25p | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.4333 | Dec 31, 2024 |
| Dec 28, 2023 | $0.4582 | Dec 29, 2023 |
| Dec 12, 2023 | $0.0499 | Dec 13, 2023 |
| Dec 29, 2022 | $0.8922 | Dec 30, 2022 |
| Dec 30, 2020 | $0.72472 | Dec 31, 2020 |
| Dec 30, 2019 | $0.72271 | Dec 31, 2019 |