Rational Special Situations Income Fund Class C Shares (RFXCX)
| Fund Assets | 1.31B |
| Expense Ratio | 2.77% |
| Min. Investment | $1,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 4.58% |
| Dividend Growth | -17.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 17.89 |
| YTD Return | 1.01% |
| 1-Year Return | 3.69% |
| 5-Year Return | 17.62% |
| 52-Week Low | 17.80 |
| 52-Week High | 18.07 |
| Beta (5Y) | n/a |
| Holdings | 955 |
| Inception Date | Jul 17, 2019 |
About RFXCX
Rational Special Situations Income Fund Class C is a mutual fund share class that seeks total return through capital appreciation and income. It primarily invests in agency and non-agency residential and commercial mortgage-backed securities, with a focus on non-agency residential mortgage-backed securities markets. The fund employs an opportunistic strategy to identify special situations where securities may be mispriced due to structural or market-driven factors, such as inefficiencies or flaws in the legal and technical structures of debt issuances. Managers exploit these opportunities while aiming to limit downside exposure and pursue remediation through activist approaches, including engaging indenture trustees or servicers, negotiating compensation, or utilizing litigation or its threat. This non-diversified fund targets flaws in pooling and servicing agreements or bond indentures within the multisector bond category, emphasizing securitized assets in its portfolio.
Performance
RFXCX had a total return of 3.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.0668 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0813 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0613 | Jan 30, 2026 |
| Dec 30, 2025 | $0.0476 | Dec 31, 2025 |
| Nov 26, 2025 | $0.0584 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0801 | Oct 31, 2025 |