Rational Premium Income Fund Class Institutional (HRSTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

16.90

+0.01 (0.06%)

At close: Aug 26, 2026

-1.00% (1Y)

Fund Assets	21.81M
Expense Ratio	2.04%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.97
Dividend Yield	5.73%
Dividend Growth	n/a
Payout Frequency	Monthly
Ex-Dividend Date	Jul 30, 2026

Previous Close	16.89
YTD Return	7.83%
1-Year Return	9.42%
5-Year Return	24.37%
52-Week Low	15.70
52-Week High	17.32
Beta (5Y)	-1.54
Holdings	23
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.

Fund Family Rational Funds

Category Options Trading

Performance Rating Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol HRSTX

Share Class Institutional Shares

Index S&P 500 TR

Performance

HRSTX had a total return of 9.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.52%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
HRSAX	Class A Shares	2.29%
HRSFX	Class C Shares	3.04%

Top 10 Holdings

176.96% of assets

Name	Symbol	Weight
Total Return Swap	n/a	66.06%
Total Return Swap	n/a	57.67%
United States Treasury Bills 0%	B.0 06.11.26	21.88%
Ford Motor Company 9.625%	F.9.625 04.22.30	5.01%
Energy Transfer LP 6%	ET.6 02.01.29 144A	4.42%
Dell International LLC / EMC Corp. 4.75%	DELL.4.75 04.01.28	4.40%
Constellation Brands, Inc. 4.35%	STZ.4.35 05.09.27	4.39%
Skyworks Solutions, Inc. 1.8%	SWKS.1.8 06.01.26	4.38%
Verisign, Inc. 4.75%	VRSN.4.75 07.15.27	4.37%
Mattel, Inc. 5%	MAT.5 11.17.30	4.37%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 30, 2026	$0.0821	Jul 31, 2026
Jun 29, 2026	$0.0826	Jun 30, 2026
May 28, 2026	$0.0839	May 29, 2026
Apr 29, 2026	$0.0822	Apr 30, 2026
Mar 30, 2026	$0.0786	Mar 31, 2026
Feb 26, 2026	$0.081	Feb 27, 2026

Full Dividend History