Absolute Capital Opportunities Instl (CAPOX)
| Fund Assets | 46.22M |
| Expense Ratio | 1.51% |
| Min. Investment | $25,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.35% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.46 |
| YTD Return | 0.19% |
| 1-Year Return | -3.33% |
| 5-Year Return | 1.24% |
| 52-Week Low | 10.07 |
| 52-Week High | 10.86 |
| Beta (5Y) | 0.06 |
| Holdings | 64 |
| Inception Date | Dec 30, 2015 |
About CAPOX
Absolute Capital Opportunities Fund Institutional Shares is an open-end mutual fund designed to achieve long-term capital appreciation with lower sensitivity to traditional market indices such as the S&P 500. The fund employs a value-based long-short equity strategy, enabling the portfolio to benefit from both rising and falling securities while aiming for risk-adjusted returns. Its flexible investment approach allows managers to vary net exposures and implement dynamic hedging techniques, including tail-risk hedging, to manage market volatility. This fund can invest in domestic and foreign equities, debt securities, and may participate in initial public offerings, providing broad diversification across sectors including technology, consumer cyclical, financial services, and more. With a focus on capital preservation and reduced correlation to mainstream benchmarks, it offers institutional investors a tool for portfolio diversification and alternative risk management within an equity market neutral category. Launched in 2015, the fund targets sophisticated investors seeking alternative strategies beyond conventional long-only equity investments.
Performance
CAPOX had a total return of -3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.79%.
Top 10 Holdings
45.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 6.24% |
| First American Treasury Obligations Fund | FXFXX | 5.98% |
| Alphabet Inc. | GOOGL | 5.35% |
| Philip Morris International Inc. | PM | 4.68% |
| Apple Inc. | AAPL | 4.20% |
| Advanced Micro Devices, Inc. | AMD | 4.15% |
| Meta Platforms, Inc. | META | 4.02% |
| Keysight Technologies, Inc. | KEYS | 3.82% |
| Intercontinental Exchange, Inc. | ICE | 3.70% |
| Analog Devices, Inc. | ADI | 3.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.0368 | Dec 31, 2024 |
| Jun 28, 2024 | $0.0543 | Jun 28, 2024 |
| Jun 30, 2023 | $0.00607 | Jul 3, 2023 |