AlphaCentric Income Opportunities A (IOFAX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.28
-0.01 (-0.14%)
Aug 21, 2025, 4:00 PM EDT
-0.14%
Fund Assets250.59M
Expense Ratio1.99%
Min. Investment$2,500
Turnover6.00%
Dividend (ttm)0.58
Dividend Yield7.62%
Dividend Growth0.29%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close7.29
YTD Return1.18%
1-Year Return-0.41%
5-Year Return-6.73%
52-Week Low7.07
52-Week High7.75
Beta (5Y)0.14
Holdings83
Inception DateMay 28, 2015

About IOFAX

The AlphaCentric Income Opportunities Fund Class A is a mutual fund specializing in the multisector bond category. Its central objective is to provide investors with income by diversifying across various segments of the fixed-income market. The fund primarily invests in asset-backed fixed income securities, including bonds issued by U.S. organizations, U.S. government obligations, corporate bonds, and sometimes high-yield and foreign debt securities. By spreading assets across sectors, the fund aims to balance risk and capitalize on income opportunities not available in single-sector strategies. This fund is particularly notable for its flexible approach, targeting a mix of securities that may include those rated below investment grade, which can add diversification and potential for higher yields. It is managed with a focus on both capital preservation and appreciation, making it relevant for those seeking broad-based fixed income exposure. The AlphaCentric Income Opportunities Fund Class A serves a role in portfolios as a source of income and diversification, often appealing to investors who wish to access a range of fixed-income instruments under a single investment vehicle.

Fund Family AlphaCentric Funds
Category Multisector Bond
Stock Exchange NASDAQ
Ticker Symbol IOFAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR

Performance

IOFAX had a total return of -0.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.93%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
IOFIXClass I1.74%
IOFCXClass C2.74%

Top 10 Holdings

55.80% of assets
NameSymbolWeight
Carrington Mortgage Loan Trust - CARR 2006-FRE1 M1CARR.2006-FRE1 M113.44%
CIT Mtg Ln Tr - CITM 2007-1 1M3CITM.2007-1 1M39.03%
Option One Mortgage Loan Trust - OOMLT 2007-CP1 M1OOMLT.2007-CP1 M15.98%
Freddie Mac Seasoned Credit Risk Transfer Trust Series 2017-2 - SCRT 2018-3 BXSCRT.2018-3 BX4.99%
Citigroup Mortgage Loan Trust Inc. - CMLTI 2007-AHL1 M2CMLTI.2007-AHL1 M24.34%
CIT Mtg Ln Tr - CITM 2007-1 2M3CITM.2007-1 2M34.34%
Carrington Mortgage Loan Trust - CARR 2007-RFC1 M1CARR.2007-RFC1 M14.32%
RAAC Series 2007-SP3 Trust - RAAC 2007-SP3 M1RAAC.2007-SP3 M13.42%
Nationstar Home Equity Loan Trust - NSTR 2007-B M2NSTR.2007-B M23.18%
1ST Franklin Ff9 - FFML 2006-FF9 M1FFML.2006-FF9 M12.76%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 30, 2025$0.0483Jul 31, 2025
Jun 27, 2025$0.0486Jun 30, 2025
May 29, 2025$0.0485May 30, 2025
Apr 29, 2025$0.0486Apr 30, 2025
Mar 28, 2025$0.0485Mar 31, 2025
Feb 27, 2025$0.0487Feb 28, 2025
Full Dividend History