Easterly Hedged Equity Fund Class I (JDIEX)
| Fund Assets | 533.20M |
| Expense Ratio | 1.40% |
| Min. Investment | $1,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.01 |
| Dividend Yield | 0.08% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 14.68 |
| YTD Return | n/a |
| 1-Year Return | 12.55% |
| 5-Year Return | 55.73% |
| 52-Week Low | 12.24 |
| 52-Week High | 15.17 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Jul 31, 2015 |
About JDIEX
Easterly Hedged Equity Fund Class I is an actively managed mutual fund designed to provide exposure to U.S. equities while seeking to mitigate downside risk during market declines. The fund primarily invests at least 80% of its net assets in equity securities of U.S. companies, with a particular focus on replicating the performance of the S&P 500 Index. To achieve its risk-mitigation goals, the fund employs an options strategy—principally utilizing short-duration put spread collars—to help protect against significant equity market drawdowns, while still aiming to capture upside returns during favorable markets. This responsive use of options makes the fund adaptable to shifting market volatility conditions and distinguishes it as a hedged equity strategy suitable for investors seeking equity participation with less risk than traditional approaches. Easterly Hedged Equity Fund Class I is notable for its relatively concentrated holdings—often anchored by the SPDR S&P 500 ETF Trust—and a purposeful blend of large growth and value equities, with options overlays as a core risk management mechanism. The fund plays a prominent role as a core portfolio holding for institutions and investors pursuing equity growth with embedded downside protection and volatility management.
Performance
JDIEX had a total return of 12.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.91%.
Top 10 Holdings
137.63% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street® SPDR® S&P 500® ETF | n/a | 87.86% |
| Spy Bullet Swap J | n/a | 14.36% |
| Recv Spy Bullet Swap N | n/a | 11.28% |
| Bbh Money Market Sweep | n/a | 5.49% |
| Recv Spy Bullet Swap O | n/a | 5.47% |
| Us Dollar Collateral | n/a | 4.49% |
| Recv Spy Bullet Swap L | n/a | 3.42% |
| Recv Spy Bullet Swap M | n/a | 2.74% |
| Recv Spy Bullet Swap K | n/a | 1.37% |
| S&P 500 Index 02/20/2026 6830 Put | n/a | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $0.0126 | Dec 10, 2024 |
| Dec 7, 2023 | $0.0261 | Dec 8, 2023 |
| Dec 8, 2022 | $0.2445 | Dec 9, 2022 |
| Dec 9, 2021 | $1.124 | Dec 10, 2021 |
| Dec 24, 2020 | $0.7611 | Dec 24, 2020 |
| Jul 22, 2020 | $0.0547 | Jul 22, 2020 |