AlphaCentric Income Opportunities I (IOFIX)
| Fund Assets | 250.59M |
| Expense Ratio | 1.74% |
| Min. Investment | $2,500 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 8.22% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 30, 2025 |
| Previous Close | 7.30 |
| YTD Return | 1.38% |
| 1-Year Return | -0.12% |
| 5-Year Return | -5.18% |
| 52-Week Low | 7.08 |
| 52-Week High | 7.76 |
| Beta (5Y) | n/a |
| Holdings | 83 |
| Inception Date | May 28, 2015 |
About IOFIX
AlphaCentric Income Opportunities Fund Class I is a mutual fund focused on generating current income by primarily investing in asset-backed fixed income securities. The fund allocates its portfolio to various securitized assets such as those backed by credit card receivables, auto loans, and other forms of consumer or commercial debt. By specializing in these securitized products, the fund aims to capture yield premiums associated with complex and diverse pools of underlying loans. This strategy differentiates it from funds concentrated solely in traditional government or corporate bonds. The fund typically invests at least 80% of its assets in a diversified selection of fixed income securities, often emphasizing investment-grade corporate obligations and other asset-backed instruments. Since its inception in 2015, AlphaCentric Income Opportunities Fund Class I has played a notable role for investors seeking exposure to the structured credit sector within the broader fixed income market. This fund serves as a vehicle for diversifying income streams and gaining targeted exposure to securitized, income-generating assets.
Performance
IOFIX had a total return of -0.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.21%.
Top 10 Holdings
55.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Carrington Mortgage Loan Trust - CARR 2006-FRE1 M1 | CARR.2006-FRE1 M1 | 13.44% |
| CIT Mtg Ln Tr - CITM 2007-1 1M3 | CITM.2007-1 1M3 | 9.03% |
| Option One Mortgage Loan Trust - OOMLT 2007-CP1 M1 | OOMLT.2007-CP1 M1 | 5.98% |
| Freddie Mac Seasoned Credit Risk Transfer Trust Series 2017-2 - SCRT 2018-3 BX | SCRT.2018-3 BX | 4.99% |
| Citigroup Mortgage Loan Trust Inc. - CMLTI 2007-AHL1 M2 | CMLTI.2007-AHL1 M2 | 4.34% |
| CIT Mtg Ln Tr - CITM 2007-1 2M3 | CITM.2007-1 2M3 | 4.34% |
| Carrington Mortgage Loan Trust - CARR 2007-RFC1 M1 | CARR.2007-RFC1 M1 | 4.32% |
| RAAC Series 2007-SP3 Trust - RAAC 2007-SP3 M1 | RAAC.2007-SP3 M1 | 3.42% |
| Nationstar Home Equity Loan Trust - NSTR 2007-B M2 | NSTR.2007-B M2 | 3.18% |
| 1ST Franklin Ff9 - FFML 2006-FF9 M1 | FFML.2006-FF9 M1 | 2.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 30, 2025 | $0.050 | Jul 31, 2025 |
| Jun 27, 2025 | $0.050 | Jun 30, 2025 |
| May 29, 2025 | $0.050 | May 30, 2025 |
| Apr 29, 2025 | $0.050 | Apr 30, 2025 |
| Mar 28, 2025 | $0.050 | Mar 31, 2025 |
| Feb 27, 2025 | $0.050 | Feb 28, 2025 |