Swan Defined Risk Growth C (SDACX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

15.87

-0.02 (-0.13%)

At close: Aug 26, 2026

13.76% (1Y)

Fund Assets	58.83M
Expense Ratio	2.43%
Min. Investment	$2,500
Turnover	54.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	15.89
YTD Return	7.01%
1-Year Return	13.76%
5-Year Return	32.97%
52-Week Low	13.75
52-Week High	16.13
Beta (5Y)	n/a
Holdings	13
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.

Fund Family Swan

Category Options Trading

Performance Rating Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol SDACX

Share Class Class C Shares

Index S&P 500 TR

Performance

SDACX had a total return of 13.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.29%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VQNPX	Vanguard	Vanguard Growth and Income Fund Investor Shares	0.39%
FMAGX	Fidelity	Fidelity Magellan Fund	0.64%
FEQDX	Fidelity	Fidelity Advisor Hedged Equity C	1.55%
VPMCX	Vanguard	Vanguard PRIMECAP Inv	0.35%
FEQNX	Fidelity	Fidelity Advisor Hedged Equity M	1.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SDAIX	Class I Shares	1.43%
SDAAX	Class A Shares	1.68%

Top 10 Holdings

101.19% of assets

Name	Symbol	Weight
iShares Core S&P 500 ETF	IVV	87.32%
SPX US 12/17/27 P7050	n/a	5.11%
SPX US 12/17/27 P6900	n/a	3.92%
SPX US 12/17/27 C7500	n/a	2.70%
First American Government Obligs X	FGXXX	2.03%
SPX US 12/17/27 P6400	n/a	0.38%
VIX US 04/15/26 P21.5	n/a	0.05%
VIX US 04/15/26 P20	n/a	0.02%
VIX US 04/15/26 C27	n/a	-0.15%
SPXW US 05/29/26 P5860	n/a	-0.19%

View More Holdings

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

Full Dividend History