Rational Special Situations Income Fund Class A Shares (RFXAX)
| Fund Assets | 812.39M |
| Expense Ratio | 2.01% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 5.77% |
| Dividend Growth | -20.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 17.99 |
| YTD Return | 0.87% |
| 1-Year Return | 4.44% |
| 5-Year Return | 22.30% |
| 52-Week Low | 17.93 |
| 52-Week High | 18.27 |
| Beta (5Y) | 0.05 |
| Holdings | 939 |
| Inception Date | Jul 17, 2019 |
About RFXAX
RFXAX was founded on 2019-07-17 and is currently managed by Meyer,Van De Water. The Fund's investment strategy focuses on US Mortgage with 2.0% total expense ratio. The minimum amount to invest in Mutual Fund and Variable Insurance Trust: Rational Special Situations Income Fund; Class A Shares is $1,000 on a standard taxable account. Mutual Fund and Variable Insurance Trust: Rational Special Situations Income Fund; Class A Shares seeks total return consisting of capital appreciation and income. RFXAX is a non-diversified for purposes of the Investment Company Act of 1940 and it invests primarily in agency and non-agency residential and commercial mortgage-backed securities, focusing on non-agency residential mortgage-backed securities.
Performance
RFXAX had a total return of 4.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.60%.
Top 10 Holdings
26.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Ambac Assurance Corporation - ABK 5.1 PERP | n/a | 10.14% |
| First American Treasury Obligations Fund | FXFXX | 5.52% |
| Gs Mortgage Securities Trust 2010-C1 - GSMS 2010-C1 D | GSMS.2010-C1 D | 1.87% |
| MBIA Global Funding, LLC - MBI 0 12/15/33 | n/a | 1.68% |
| J.P. Morgan Chase Commercial Mortgage Securities Trust - JPMCC 2012-WLDN A | n/a | 1.45% |
| GS Mortgage Securities Trust 2011-GC5 - GSMS 2011-GC5 B | GSMS.2011-GC5 B | 1.22% |
| MSP DEER FINANCE - MSP DEER FNCE SYNDICTD LN | n/a | 1.22% |
| WFRBS Commercial Mortgage Trust 2013-C14 - WFRBS 2013-C14 C | WFRBS.2013-C14 C | 1.13% |
| Impac CMB Trust - JPMCC 2010-C2 E | n/a | 1.07% |
| COMM MORTGAGE TRUST - COMM 2014-CR18 E | n/a | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0824 | Jun 30, 2025 |
| May 29, 2025 | $0.0771 | May 30, 2025 |
| Apr 29, 2025 | $0.083 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0761 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0741 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0747 | Jan 31, 2025 |