Quantified Alternative Investment Fund Advisor Class (QALAX)
| Fund Assets | 3.37M |
| Expense Ratio | 3.36% |
| Min. Investment | $10,000 |
| Turnover | 571.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.85% |
| Dividend Growth | -65.86% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 9.42 |
| YTD Return | 4.10% |
| 1-Year Return | -1.13% |
| 5-Year Return | 27.13% |
| 52-Week Low | 8.45 |
| 52-Week High | 9.67 |
| Beta (5Y) | 0.42 |
| Holdings | 49 |
| Inception Date | Mar 18, 2016 |
About QALAX
Advisors Preferred Trust Quantified Alternative Investment Fund Advisor Class is an open-ended mutual fund designed to pursue high total return by investing in a diversified portfolio of alternative investment vehicles. The fund primarily allocates its assets through indirect exposure to alternative investments using exchange-traded funds (ETFs), open-end mutual funds, and other investment companies. Its investment philosophy centers on assets expected to have low or negative correlation with the S&P 500 Index, supporting a strategic emphasis on risk diversification and reduction of portfolio volatility. The fund's holdings span a broad spectrum, including global equities, fixed income securities, and various alternative strategies such as market-neutral and risk premia funds. Its dynamic approach seeks to offer investors access to diversification and liquidity benefits that traditionally were only available through hedge funds. Managed by Advisors Preferred, LLC along with Flexible Plan Investments, Ltd., the fund was launched in 2016 and is recognized for a relatively high expense ratio and turnover, reflecting its actively managed, tactical strategy within the macro trading category. This asset plays a distinctive role for investors seeking differentiated risk-return profiles beyond conventional stocks and bonds.
Performance
QALAX had a total return of -1.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| QALTX | Investor Class Shares | 2.70% |
Top 10 Holdings
49.38% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGZXX | 8.68% |
| Fidelity Institutional Cash Portfolios - FID-MM GOVT-I | n/a | 8.68% |
| Fidelity High Dividend ETF | FDVV | 6.55% |
| Direxion Auspice Broad Commodity Strategy ETF | COM | 4.35% |
| iShares MSCI Qatar ETF | QAT | 3.75% |
| iShares Global Financials ETF | IXG | 3.61% |
| First Trust Utilities AlphaDEX Fund | FXU | 3.60% |
| VanEck ETF Trust - VANECK GOLD MINE | n/a | 3.45% |
| iShares Convertible Bond ETF | ICVT | 3.37% |
| Invesco Variable Rate Preferred ETF | VRP | 3.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.0802 | Dec 27, 2024 |
| Dec 26, 2023 | $0.2349 | Dec 27, 2023 |
| Dec 27, 2022 | $0.0805 | Dec 28, 2022 |
| Dec 28, 2021 | $1.1919 | Dec 29, 2021 |
| Dec 26, 2019 | $0.0775 | Dec 26, 2019 |
| Dec 26, 2017 | $0.2573 | Dec 26, 2017 |