Swan Defined Risk Growth Fund Class C Shares (SDACX)
| Fund Assets | 53.98M |
| Expense Ratio | 2.43% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.90% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 14.78 |
| YTD Return | -0.27% |
| 1-Year Return | 9.23% |
| 5-Year Return | 41.20% |
| 52-Week Low | 11.82 |
| 52-Week High | 15.03 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Dec 27, 2018 |
About SDACX
Swan Defined Risk Growth Fund Class C is an open-end mutual fund that implements a growth-oriented, hedged equity strategy focused on U.S. large-cap exposure while managing market risk. According to the sponsor, the fund seeks capital appreciation by pairing core allocations to broad U.S. equity vehicles tied to the S&P 500 with a systematic overlay of long-term put options to hedge against significant market declines. It emphasizes a rules-based approach that avoids market timing and individual stock selection, relying instead on diversified and time-tested options strategies to target superior risk-adjusted results over a full market cycle. Portfolio disclosures indicate substantial use of an S&P 500 ETF for equity exposure alongside listed options and short-term instruments to implement the hedge. Key fund characteristics include an always-hedged posture using LEAPS, a growth profile designed for investors with higher risk tolerance, and an objective of potentially reducing downside risk and volatility relative to the S&P 500 Index over time.
Performance
SDACX had a total return of 9.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
100.61% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 91.06% |
| SPX US 12/18/26 C6900 | n/a | 3.48% |
| First American Government Obligations Fund | FGXXX | 3.47% |
| SPX US 12/18/26 P5750 | n/a | 2.58% |
| SPXW US 12/31/25 P5500 | n/a | 0.33% |
| SPXW US 12/31/25 P5100 | n/a | 0.20% |
| SPXW US 09/30/25 P6200 | n/a | 0.00% |
| SPXW US 09/30/25 P6400 | n/a | 0.00% |
| SPXW US 09/30/25 P6000 | n/a | 0.00% |
| SPXW US 12/31/25 P5300 | n/a | -0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.2853 | Dec 30, 2024 |
| Dec 27, 2023 | $3.525 | Dec 28, 2023 |
| Dec 29, 2020 | $0.0717 | Dec 29, 2020 |
| Dec 26, 2019 | $0.1959 | Dec 26, 2019 |