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Ironclad Managed Risk Fund (IRONX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.31
-0.01 (-0.07%)
At close: Aug 26, 2026
Fund Assets238.02M
Expense Ratio1.28%
Min. Investment$2,500
Turnover1.00%
Dividend (ttm)0.01
Dividend Yield0.06%
Dividend Growth-63.62%
Payout FrequencyAnnual
Ex-Dividend DateDec 5, 2025
Previous Close14.32
YTD Return6.24%
1-Year Return10.57%
5-Year Return55.63%
52-Week Low12.87
52-Week High14.52
Beta (5Y)0.49
Holdings19
Inception DateOct 14, 2010

About IRONX

The Ironclad Managed Risk Fund is an alternative mutual fund that primarily seeks to generate current income and gains through a portfolio management approach centered on options trading. Its core strategy involves the active purchase and sale of put and call options on equity indexes and exchange-traded funds (ETFs), aiming to capture income from premiums while managing market exposure and volatility. Nearly all of the fund’s assets are allocated to large-cap U.S. equity ETFs, such as those tracking the S&P 500, complemented by exchange-traded option positions and modest cash reserves. Designed for investors seeking strategies that temper equity risk, the fund pursues relative stability and managed volatility, making it distinct within the options trading mutual fund category. The advisor may adjust the fund’s exposure defensively based on market conditions, at times allocating up to the entire portfolio to cash or cash equivalents during unfavorable environments. Managed risk is further enhanced through a balanced mix of long and short option positions, and by limiting risk to premiums paid or accepting defined obligations when writing options. The Ironclad Managed Risk Fund serves an important role for those seeking diversified equity exposure with a disciplined, risk-conscious overlay in volatile markets.

Fund Family Ironclad Funds
Category Options Trading
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol IRONX
Index CBOE S&P 500 One-Week PutWrite USD

Performance

IRONX had a total return of 10.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.28%.

Top 10 Holdings

102.22% of assets
NameSymbolWeight
iShares Core S&P 500 ETFIVV47.17%
Vanguard S&P 500 ETFVOO45.68%
State Street SPDR S&P 500 ETFSPY2.06%
UMB IB MONEY MARKET II /IMMFIDU1.84%
SPX 04/30/26 P6700 04/26 6700.0 PUT /65499A3D1.77%
SPX 06/18/26 P6500 06/26 6500.0 PUT /43V994891.66%
SPX 04/17/26 P6700 04/26 6700.0 PUT /52M99IEY1.44%
SPX 04/30/26 P6000 04/26 6000.0 PUT /65499A330.27%
SPX 06/18/26 P5100 06/26 5100.0 PUT /43V9947M0.21%
SPX 04/17/26 P6000 04/26 6000.0 PUT /52M99IDQ0.12%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 5, 2025$0.00835Dec 5, 2025
Dec 5, 2024$0.02295Dec 5, 2024
Dec 5, 2023$0.55044Dec 5, 2023
Dec 6, 2022$0.30135Dec 6, 2022
Dec 7, 2021$1.43956Dec 7, 2021
Dec 8, 2020$0.43614Dec 8, 2020
Full Dividend History