FS Multi-Strategy Alternatives Fund Class I (FSMSX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.13
0.00 (0.00%)
May 30, 2025, 8:06 AM EDT
-1.24% (1Y)
| Fund Assets | 1.83B |
| Expense Ratio | 1.72% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.48% |
| Dividend Growth | -29.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 11.13 |
| YTD Return | -0.09% |
| 1-Year Return | 1.21% |
| 5-Year Return | 30.91% |
| 52-Week Low | 10.93 |
| 52-Week High | 11.45 |
| Beta (5Y) | 0.10 |
| Holdings | 807 |
| Inception Date | May 22, 2017 |
About FSMSX
The fund seeks to achieve its investment objective by actively allocating its assets across a broad spectrum of alternative investment strategies. It will seek to provide exposure to alternative strategies with low correlation to traditional equity and fixed income markets, which can enhance portfolio diversification. The strategy will be implemented through a rigorous quantitative and qualitative process intended to select high quality Underlying Managers and Alternative Beta Strategies. The fund is non-diversified.
Category Multistrategy
Stock Exchange NASDAQ
Ticker Symbol FSMSX
Share Class Class I
Index ICE BofA US 3-Month T Bill TR IX
Performance
FSMSX had a total return of 1.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FSMMX | Class A | 1.97% |
Top 10 Holdings
127.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association - FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY) | FNCL.5.5 2.12 | 81.14% |
| BLCKRCK CASH-TRSRY-INST MONEY MARKET | n/a | 22.55% |
| BARCLAYS BANK PLC 144A ZERO COUPON 12/29/2025 | n/a | 5.02% |
| GOLDMAN SACHS & CO. LLC - GS CTA Strategy TRS | n/a | 4.88% |
| BARCLAYS BANK PLC 144A ZERO COUPON 12/29/2025 | BACR.0 12.29.25 EMV2 | 4.09% |
| BlackRock Cash Fds, Treasury Institutional Shares | BRIXX | 3.20% |
| GOLDMAN SACHS COLLATERAL BALANCE FS FUNDS | n/a | 2.07% |
| Macquarie - MORGAN STANLEY COLLATERAL BALANCE FS FUNDS | n/a | 1.72% |
| S&P 500 ANNL DIV DEC26 PHYSICAL INDEX FUTURE. | SDAZ26 | 1.56% |
| Macquarie - MORGAN STANLEY COLLATERAL BALANCE FS FUNDS | n/a | 1.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.2763 | Dec 13, 2024 |
| Dec 11, 2023 | $0.3936 | Dec 12, 2023 |
| Dec 8, 2022 | $0.4417 | Dec 9, 2022 |
| Dec 28, 2021 | $0.34828 | Dec 29, 2021 |
| Dec 21, 2020 | $0.07525 | Dec 22, 2020 |
| Dec 19, 2019 | $0.225 | Dec 20, 2019 |