Easterly Hedged Equity Fund (JDSEX)
| Fund Assets | 348.94M |
| Expense Ratio | 1.15% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.01 |
| Dividend Yield | 0.08% |
| Dividend Growth | -51.72% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 15.29 |
| YTD Return | 10.19% |
| 1-Year Return | 11.42% |
| 5-Year Return | 62.25% |
| 52-Week Low | 12.67 |
| 52-Week High | 15.37 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Aug 17, 2017 |
About JDSEX
Easterly Hedged Equity Fund R6 is an actively managed mutual fund designed to provide equity market participation with a systematic risk‑management overlay. The strategy seeks long-term capital appreciation by gaining broad exposure to large-cap U.S. equities—anchored to the S&P 500—while employing an options-based hedge to mitigate significant drawdowns. According to fund materials, the portfolio utilizes short‑duration put spread collars and laddered put options to adapt to changing volatility, harvest option premiums, and manage correlation risk, aiming to preserve upside capture while cushioning downside moves. This approach positions the fund as a versatile core equity holding for investors seeking smoother return profiles relative to traditional long‑only strategies. The R6 share class is institutionally oriented, with published data on net assets and expenses available from independent platforms. Third‑party rating services categorize the fund within options‑trading or hedged‑equity methodologies, reflecting its blend of equity exposure and derivatives‑driven risk control.
Performance
JDSEX had a total return of 11.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.28%.
Top 10 Holdings
134.66% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR® S&P 500® ETF | n/a | 89.01% |
| Spy Bullet Swap G | n/a | 16.05% |
| Recv Spy Bullet Swap I | n/a | 5.84% |
| Recv Spy Bullet Swap L | n/a | 4.86% |
| Us Dollar Collateral | n/a | 4.60% |
| Recv Spy Bullet Swap M | n/a | 3.89% |
| Bbh Money Market Sweep | n/a | 3.60% |
| Spy Bullet Swap J | n/a | 2.92% |
| Recv Spy Bullet Swap K | n/a | 1.95% |
| Recv Spy Bullet Swap H | n/a | 1.95% |
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 |