Rational Special Situations Income Fund Class C Shares (RFXCX)
| Fund Assets | 1.30B |
| Expense Ratio | 2.77% |
| Min. Investment | $1,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 4.44% |
| Dividend Growth | -21.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 18.01 |
| YTD Return | 0.90% |
| 1-Year Return | 4.61% |
| 5-Year Return | 18.20% |
| 52-Week Low | 17.24 |
| 52-Week High | 18.02 |
| Beta (5Y) | n/a |
| Holdings | 971 |
| Inception Date | Jul 17, 2019 |
About RFXCX
Rational Special Situations Income Fund Class C is an open‑end mutual fund in the multisector bond category that targets total return through capital appreciation and income. The strategy concentrates on structured credit, primarily **non‑agency residential mortgage‑backed securities**, while also investing in agency RMBS and commercial mortgage‑backed securities, and it may hold below‑investment‑grade debt. The fund is non‑diversified and employs an opportunistic, “special situations” approach to identify dislocations within mortgage and asset‑backed markets. It distributes income monthly and typically maintains a high allocation to bonds with limited equity exposure. The portfolio has included positions tied to legacy securitizations and specialized credits such as Ambac and MBIA exposures alongside commercial mortgage trusts, reflecting its focus on complex credit niches. Within the fixed‑income landscape, the fund serves as a specialized vehicle for accessing securitized credit risk distinct from core aggregate bond benchmarks, aiming to harvest spread and structure‑related premiums across market cycles.
Performance
RFXCX had a total return of 4.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 29, 2025 | $0.0839 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0533 | Aug 29, 2025 |