Rational/RGN Hedged Equity Institutional (RNEIX)

Fund Assets	43.22M
Expense Ratio	2.05%
Min. Investment	$1,000
Turnover	4.00%
Dividend (ttm)	0.16
Dividend Yield	1.19%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	13.62
YTD Return	17.89%
1-Year Return	29.13%
5-Year Return	n/a
52-Week Low	10.73
52-Week High	13.75
Beta (5Y)	n/a
Holdings	48
Inception Date	n/a

About RNEIX

The Rational/RGN Hedged Equity Fund - Institutional is an actively managed mutual fund designed to seek long-term capital appreciation while mitigating downside risk. This fund uniquely combines a core holding of 100% long exposure to the S&P 500 Index with a quantitative overlay strategy. The overlay employs both long and short investments in liquid futures and foreign exchange markets, with holding periods typically ranging from a few hours up to 1–2 weeks. This dynamic structure allows the fund to remain fully invested in U.S. equities while opportunistically managing risk and seeking additional returns during volatile or directionless periods across global asset classes, including interest rates, foreign exchange, and commodities. A distinguishing feature of the fund is its investment philosophy, inspired by computational neuroscience, which leverages proprietary machine-learning techniques to identify and exploit short-term inefficiencies linked to behavioral biases in financial markets. By doing so, the fund aims to provide a diversifying, protective alpha and minimize tracking error relative to the S&P 500, offering a potentially higher return, lower-risk alternative to traditional long-only equity strategies. The strategy is managed by an experienced team utilizing advanced infrastructure, combining innovation and stability for institutional investors.

• Fund Family: Rational Funds
• Category: Long-Short Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: RNEIX
• Share Class: Institutional Class

Performance

RNEIX had a total return of 29.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.40%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RNEAX	Class A	2.30%
RNECX	Class C	3.05%

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 Obligs X	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	$0.0825	Dec 18, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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