Rational Premium Income Fund Class Institutional (HRSTX)
| Fund Assets | 26.44M |
| Expense Ratio | 2.04% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.17 |
| Dividend Yield | 7.26% |
| Dividend Growth | 57.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 16.14 |
| YTD Return | 0.19% |
| 1-Year Return | 3.49% |
| 5-Year Return | 268.54% |
| 52-Week Low | 15.63 |
| 52-Week High | 16.18 |
| Beta (5Y) | -1.77 |
| Holdings | 9 |
| Inception Date | May 1, 2007 |
About HRSTX
Rational Tactical Return Fund Institutional Shares is an alternative mutual fund that primarily invests in long and short call and put options on futures contracts tied to the S&P 500 Index, along with cash and cash equivalents. The fund’s objective is to generate total return through long-term capital appreciation and income, employing a strategy focused on premium collection, volatility trading, and trend following. By actively managing options positions, the fund seeks to deliver returns that are not correlated with broader equity market movements, aiming for consistency and risk mitigation. Managed by Warrington Asset Management, the fund benefits from a disciplined approach to risk management and a long-term track record in alternative investment strategies. Its institutional share class is designed for investors seeking exposure to a non-traditional, options-based approach within a regulated mutual fund structure.
Performance
HRSTX had a total return of 3.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.95%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 01.22.26 | 41.22% |
| First American Treasury Obligations Fund | FXFXX | 28.58% |
| Us Dollar Future | n/a | 15.78% |
| United States Treasury Bills 0% | B.0 06.11.26 | 14.52% |
| Emini Sp M Week O Dec25p 5900 | n/a | 0.01% |
| S&P500 Emini Optn Nov25p 5350 | n/a | 0.01% |
| Emini Sp W Week O Dec25p 5500 | n/a | 0.01% |
| Emini Sp M Week O Dec25p 5800 | n/a | -0.01% |
| Cash | n/a | -0.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0811 | Jan 30, 2026 |
| Dec 17, 2025 | $1.0913 | Dec 18, 2025 |
| Dec 17, 2024 | $0.7462 | Dec 18, 2024 |
| Dec 15, 2023 | $0.9474 | Dec 18, 2023 |
| Dec 16, 2022 | $0.0486 | Dec 19, 2022 |
| Apr 22, 2022 | $0.330 | n/a |