Westwood Broadmark Tactical Pls Inst (SBTIX)
| Fund Assets | 58.34M |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000,000 |
| Turnover | 1,280.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.77% |
| Dividend Growth | -15.64% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 10.56 |
| YTD Return | -5.22% |
| 1-Year Return | -5.22% |
| 5-Year Return | 9.63% |
| 52-Week Low | 10.33 |
| 52-Week High | 11.76 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Dec 15, 2014 |
About SBTIX
The Westwood Broadmark Tactical Plus Fund Institutional Shares is a diversified mutual fund managed with the goal of delivering above-average risk-adjusted returns and lower downside volatility compared to the S&P 500 Index. Classified in the equity hedged category, it employs a blend of equity and options trading strategies, including the use of derivatives such as futures, options, and swaps, as well as short positions and selective fixed income securities. This approach provides exposure to both U.S. and international equities while seeking to minimize losses during volatile market periods. The fund’s tactical allocation and risk management strategies are designed to navigate various market environments, aiming for smoother returns over time. Since its inception in December 2014, the fund has demonstrated a long-term focus, with returns and volatility levels typically below those of major equity benchmarks. Its distinctive role in the market is to serve investors seeking participation in equity growth potential, but with protective measures against severe downturns, via an actively managed, multi-asset approach.
Performance
SBTIX had a total return of -5.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.26%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | FGUXX | 66.36% |
| E-mini Nasdaq 100 Future Sept 25 | n/a | 21.78% |
| E-mini S&P 500 Future Sept 25 | n/a | 11.55% |
| Morgan Stanley Margin Dep | n/a | 0.18% |
| S&P Emini 3rd Wk Aug25p | n/a | 0.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.3969 | Dec 31, 2024 |
| Dec 28, 2023 | $0.4206 | Dec 29, 2023 |
| Dec 12, 2023 | $0.0499 | Dec 13, 2023 |
| Dec 29, 2022 | $0.8394 | Dec 30, 2022 |
| Dec 30, 2020 | $0.72472 | Dec 31, 2020 |
| Dec 30, 2019 | $0.68593 | Dec 31, 2019 |