About EVDAX
Camelot Event Driven Fund Class A is a mutual fund designed to achieve long-term capital growth by strategically investing in companies expected to experience significant corporate events. Such events include mergers, acquisitions, restructurings, bankruptcies, and other actions that can alter a company's valuation or structure. The fund seeks to capitalize on pricing inefficiencies created by these occurrences, deploying a blend of equity and fixed income securities, and occasionally making use of derivatives.
Its strategy aims for returns that are less correlated with general equity markets, often resulting in lower downside risk during broader market declines. The fund employs a diversified approach across sectors, with recent holdings including companies in healthcare, consumer defensive, utilities, and basic materials. Notably, cash and cash equivalents can represent a significant portion of the portfolio, reflecting a flexible, active management style. Camelot Event Driven Fund Class A is positioned within the event-driven category, catering to investors seeking exposure to corporate catalysts while aiming to provide risk-adjusted performance distinct from traditional stock and bond funds.
Fund Family Camelot Funds
Category Event Driven
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol EVDAX
Index S&P 500 TR
EVDAX had a total return of 9.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.53%.
