About SEMPX
Medalist Partners MBS Total Return Fund – Investor Class is a mutual fund specializing in mortgage-backed securities (MBS), including both residential (RMBS) and commercial (CMBS) types. The fund aims to provide investors with a high level of risk-adjusted current income and capital appreciation, primarily by allocating at least 80% of assets to a diversified portfolio of agency and non-agency MBS. Investment exposure spans lower-rated and non-rated securities, enhancing income potential but also increasing credit and liquidity risks. The fund actively manages interest rate, credit, and prepayment risk, and employs strategies such as short selling, use of derivatives, and leverage to optimize returns. Its portfolio reflects a mix of asset-backed securities, non-agency and agency MBS, and commercial MBS. Positioned within the nontraditional bond category, the fund seeks returns that are less correlated to broad fixed-income markets, often attracting investors aiming for diversification and enhanced yield in their income-oriented portfolios. This strategy is designed to mitigate downside volatility while offering current yield, especially amid fluctuating interest rate environments.
Fund Family Medalist Partners, LP
Category Multi-Sector Inc
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SEMPX
Share Class Investor Class
Index Bloomberg US MBS TR
SEMPX had a total return of 1.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.48%.
