Absolute Flexible Fund Institutional Shares (FLXIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.50
+0.03 (0.29%)
May 2, 2025, 4:00 PM EDT
2.84% (1Y)
| Fund Assets | n/a |
| Expense Ratio | 1.52% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 5.10% |
| Dividend Growth | -22.63% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.47 |
| YTD Return | 1.74% |
| 1-Year Return | 8.21% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 58 |
| Inception Date | Jun 30, 2022 |
About FLXIX
The Absolute Flexible Fund Institutional Shares (FLXIX) seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. FLXIX invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies and employs a convertible arbitrage strategy.
Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol FLXIX
Share Class Institutional Shares
Index Index is not provided by Management Company
Performance
FLXIX had a total return of 8.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.47%.
Top 10 Holdings
43.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Enovis Corporation - Enovis Corp. | ENOV 3.875 10.15.28 | 5.61% |
| Dropbox Inc - Dropbox, Inc. | DBX 0 03.01.26 | 5.25% |
| First American Treasury Obligations Fund | FXFXX | 5.18% |
| Itron, Inc. | ITRI 0 03.15.26 | 4.58% |
| Upwork Inc - Upwork, Inc. | UPWK 0.25 08.15.26 | 4.08% |
| Lumentum Holdings Inc. - Lumentum Holdings, Inc. | LITE 0.5 12.15.26 | 3.89% |
| Blackline Inc - BlackLine, Inc. | BL 1 06.01.29 | 3.84% |
| IMAX Corporation - IMAX Corp | IMAX 0.5 04.01.26 | 3.76% |
| Workiva Inc - Workvia, Inc. | WK 1.25 08.15.28 | 3.74% |
| Xometry Inc - Xometry, Inc. | XMTR 1 02.01.27 | 3.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.2245 | Dec 31, 2024 |
| Dec 12, 2024 | $0.0595 | Dec 12, 2024 |
| Jun 28, 2024 | $0.2497 | Jun 28, 2024 |
| Dec 29, 2023 | $0.2724 | Dec 29, 2023 |
| Dec 12, 2023 | $0.1906 | Dec 12, 2023 |
| Jun 30, 2023 | $0.22678 | Jul 3, 2023 |