FS Multi-Strategy Alternatives Fund Class I (FSMSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.12
0.00 (0.00%)
May 2, 2025, 8:06 AM EDT
-0.63%
Fund Assets 1.90B
Expense Ratio 1.74%
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 11.12
YTD Return -0.18%
1-Year Return 1.84%
5-Year Return 31.60%
52-Week Low 10.93
52-Week High 11.45
Beta (5Y) 0.09
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 1.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.51%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FSMMX Class A 1.99%

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%
View More Holdings

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
Full Dividend History