Swan Defined Risk Growth Fund Class I Shares (SDAIX)
| Fund Assets | 60.04M |
| Expense Ratio | 1.43% |
| Min. Investment | $100,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.78% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 16.76 |
| YTD Return | 6.23% |
| 1-Year Return | 16.72% |
| 5-Year Return | 43.86% |
| 52-Week Low | 14.44 |
| 52-Week High | 17.00 |
| 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.
Performance
SDAIX had a total return of 16.72% 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.
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 Obligations Fund | 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% |
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 |