Rational/RGN Hedged Equity A (RNEAX)
| Fund Assets | 38.93M |
| Expense Ratio | 2.30% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.16% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.21 |
| YTD Return | 14.91% |
| 1-Year Return | 29.03% |
| 5-Year Return | n/a |
| 52-Week Low | 10.34 |
| 52-Week High | 13.68 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | n/a |
About RNEAX
Rational/RGN Hedged Equity Fund - Class A is an actively managed mutual fund designed to seek long-term capital appreciation through a dual investment approach. The fund maintains a core position with 100% long exposure to the S&P 500 Index, enabling broad participation in U.S. large-cap equity performance. Layered on top of this equity exposure is a quantitative overlay strategy, which deploys both long and short positions in liquid futures and foreign exchange markets. This overlay, driven by proprietary models inspired by computational neuroscience, aims to mitigate downside equity risk, generate positive returns during periods of heightened volatility or directionless markets, and enhance returns during bullish phases. The fund’s approach is rooted in the belief that market inefficiencies can arise from behavioral biases, which are systematically targeted by the overlay’s trading models. This combination offers investors the potential for S&P 500-like returns but with lower volatility and risk-adjusted enhancements, making it a distinctive alternative within the long-short equity category. Rational/RGN Hedged Equity Fund - Class A is particularly notable for its nontraditional, multi-asset risk management and return-seeking overlay strategy, positioning it as an innovative solution for diversified portfolio construction.
Performance
RNEAX had a total return of 29.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.01%.
Top 10 Holdings
85.81% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Spdr S&p 500 Etf Trust - SS S&P 500 ET-US | n/a | 41.17% |
| Vanguard S&P 500 ETF | VOO | 40.36% |
| First American Treasury Obligations Fund | FXFXX | 2.76% |
| CHICAGO MERCANTILE EXCHANGE - S&P500 EMINI FUT Jun26 | ESM6.INDEX | 0.51% |
| NEW YORK MERCANTILE EXCHANGE - NY Harb ULSD Fut May26 | HOK6.COMDTY | 0.49% |
| CHICAGO BOARD OF TRADE - SOYBEAN OIL FUTR May26 | BOK6.COMDTY | 0.21% |
| NEW YORK MERCANTILE EXCHANGE - GASOLINE RBOB FUT May26 | XBK6.COMDTY | 0.17% |
| CHICAGO MERCANTILE EXCHANGE - NASDAQ 100 E-MINI Jun26 | NQM6.INDEX | 0.07% |
| CHICAGO MERCANTILE EXCHANGE - E-Mini Russ 2000 Jun26 | RTYM6.INDEX | 0.03% |
| CHICAGO MERCANTILE EXCHANGE - C$ CURRENCY FUT Jun26 | CDM6.CURNCY | 0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.1631 | Dec 31, 2025 |
| Dec 17, 2024 | $0.0758 | Dec 18, 2024 |