AlphaCentric Income Opportunities Fund Class A (IOFAX)
| Fund Assets | 208.69M |
| Expense Ratio | 1.99% |
| Min. Investment | $2,500 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 7.82% |
| Dividend Growth | 0.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 28, 2026 |
| Previous Close | 7.11 |
| YTD Return | -0.66% |
| 1-Year Return | 6.58% |
| 5-Year Return | -16.05% |
| 52-Week Low | 7.07 |
| 52-Week High | 7.57 |
| Beta (5Y) | 0.12 |
| Holdings | 77 |
| Inception Date | May 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.
Performance
IOFAX had a total return of 6.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.43%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 28, 2026 | $0.0486 | May 29, 2026 |
| Apr 29, 2026 | $0.0486 | Apr 30, 2026 |
| Mar 30, 2026 | $0.0485 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0486 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0484 | Jan 30, 2026 |
| Dec 30, 2025 | $0.0483 | Dec 31, 2025 |