Modern Capital Tactical Income ADV (MCTDX)
| Fund Assets | 72.64M |
| Expense Ratio | 3.02% |
| Min. Investment | $10,000 |
| Turnover | 916.24% |
| Dividend (ttm) | 1.26 |
| Dividend Yield | 13.17% |
| Dividend Growth | -11.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.56 |
| YTD Return | 2.48% |
| 1-Year Return | 6.12% |
| 5-Year Return | n/a |
| 52-Week Low | 9.04 |
| 52-Week High | 10.22 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | n/a |
About MCTDX
Modern Capital Tactical Income Fund Class ADV Shares is an open-end mutual fund designed to maximize income while preserving the potential for capital appreciation. Its strategy centers on tactical allocation across a diversified portfolio of stocks and bonds, with a particular emphasis on closed-end funds (CEFs). The fund also opportunistically invests in common stocks, fixed income securities, and American Depository Receipts (ADRs) to capture additional market opportunities. Notably, the fund focuses on generating steady income through monthly distributions, aiming to provide consistent returns across various market cycles without the use of leverage. This actively managed fund pursues lower volatility compared to broader equity markets by dynamically adjusting its exposure based on prevailing market conditions. Managers may hold higher cash positions during periods of heightened volatility or limited opportunities, supporting risk management and downside protection. The fund is classified within the moderate allocation category and often references the S&P 500 High Dividend Index and HFRI 500 Macro Multi-Strategy Index as benchmarks. With daily liquidity and a relatively modest investment minimum, it caters to investors seeking flexible, income-focused strategies within the mutual fund landscape.
Performance
MCTDX had a total return of 6.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.33%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MCTOX | Class A Shares | 3.02% |
Top 10 Holdings
38.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Legg Mason BW Global Income Opportunities Fund Inc. | BWG | 4.72% |
| BlackRock Innovation and Growth Term Trust | BTX | 4.50% |
| Western Asset Emerging Markets Debt Fund Inc. | EMD | 4.29% |
| Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | ETW | 3.99% |
| Brookfield Real Assets Income Fund Inc. | RA | 3.85% |
| PGIM Short Duration High Yield Opportunities Fund | SDHY | 3.70% |
| Liberty All-Star Growth Fund, Inc. | ASG | 3.69% |
| Annaly Capital Management, Inc. | NLY | 3.56% |
| Templeton Emerging Markets Income Fund | TEI | 3.28% |
| Virtus Convertible & Income Fund | NCV | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.085 | Apr 30, 2026 |
| Mar 31, 2026 | $0.085 | Mar 31, 2026 |
| Feb 27, 2026 | $0.085 | Feb 27, 2026 |
| Jan 30, 2026 | $0.08486 | Jan 30, 2026 |
| Dec 31, 2025 | $0.28634 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0875 | Nov 28, 2025 |