Swan Defined Risk Growth Fund Class I Shares (SDAIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

17.13

-0.02 (-0.12%)

At close: Aug 26, 2026

14.89% (1Y)

Fund Assets	58.83M
Expense Ratio	1.43%
Min. Investment	$100,000
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	17.15
YTD Return	7.74%
1-Year Return	14.89%
5-Year Return	39.97%
52-Week Low	14.78
52-Week High	17.41
Beta (5Y)	n/a
Holdings	13
Inception Date	Dec 27, 2018

About SDAIX

Swan Defined Risk Growth Fund Class I is a mutual fund structured as a hedged equity vehicle, targeting investors seeking long-term capital appreciation with a focus on downside risk management. The fund primarily invests in large-cap U.S. equities, closely tracking the performance of the S&P 500 Index through direct or indirect exposure. Its strategy combines equity holdings, notably a significant allocation to an S&P 500 ETF, with the use of options contracts—such as calls and protective puts—to hedge against significant market declines. This defined risk approach aims to participate in market growth while seeking to mitigate losses during market downturns. The fund falls within the equity hedged category and is classified under a large blend investment style. By blending growth potential with risk controls, it appeals to investors who desire equity exposure but are mindful of market volatility and drawdowns. Swan Defined Risk Growth Fund Class I plays a distinctive role in the market by offering a systematic, rules-based framework for managing equity risk over the long term.

Fund Family Swan

Category Options Trading

Performance Rating Above Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol SDAIX

Share Class Class I Shares

Index S&P 500 TR

Performance

SDAIX had a total return of 14.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.27%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VPMAX	Vanguard	Vanguard PRIMECAP Adm	0.27%
VGIAX	Vanguard	Vanguard Growth and Income Fund Admiral Shares	0.28%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SDAAX	Class A Shares	1.68%
SDACX	Class C Shares	2.43%

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	$0.0839	Dec 29, 2020
Dec 26, 2019	$0.1959	Dec 26, 2019

Full Dividend History