Stone Ridge Hi Yld Reinsurance Risk PrmM (SHRMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.11

0.00 (0.00%)

At close: Aug 26, 2026

-0.11% (1Y)

Fund Assets	4.74B
Expense Ratio	3.38%
Min. Investment	$25,000,000
Turnover	24.72%
Dividend (ttm)	1.15
Dividend Yield	12.67%
Dividend Growth	-8.92%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 26, 2026

Previous Close	9.11
YTD Return	4.65%
1-Year Return	11.30%
5-Year Return	55.73%
52-Week Low	8.88
52-Week High	9.37
Beta (5Y)	n/a
Holdings	345
Inception Date	n/a

About SHRMX

Stone Ridge High Yield Reinsurance Risk Premium Fund Class M is a mutual fund designed to provide investors with a high level of total return through a focus on income and preservation of capital. The fund distinguishes itself by allocating at least 80% of its net assets to reinsurance-related securities, which are financial instruments linked to the insurance industry's transfer of catastrophic and other risks to the capital markets. In addition to these unique holdings, the fund also invests heavily in high-yield, high-risk debt securities, often termed "junk bonds," which offer higher returns but come with greater credit risk. This strategy results in a portfolio characterized by notable diversity and specialized exposure to the reinsurance market, setting it apart from traditional fixed income funds. The fund has a broad collection of holdings, including catastrophe bonds and specialized insurance-linked securities, which help balance portfolio risk and return. With hundreds of individual holdings and a moderate turnover rate, this fund emphasizes both income generation and capital stability. It is generally categorized under miscellaneous fixed income, reflecting its unique combination of asset types and its distinct position within broader fixed income markets.

Fund Family STONE RIDGE

Category Miscellaneous Fixed Income

Performance Rating Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol SHRMX

Share Class Class M

Performance

SHRMX had a total return of 11.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.29%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SHRIX	Class I	3.23%

Top 10 Holdings

17.58% of assets

Name	Symbol	Weight
Rondout (Artex Segregated Account Company)	n/a	4.23%
Fidelity Inv MM Government I	FIGXX	1.93%
MSILF Government Portfolio	MVRXX	1.93%
Hudson Charles (Mt. Logan Re) - Hudson Charles 3 (Mt. Logan Re)	n/a	1.63%
Cape Lookout Re Ltd. - Cape Lookout Re 2025-1 Class A	CAPLKT.F 03.13.28 A	1.45%
Alamo Re Ltd. - Alamo Re 2024-1 Class B	ALALTD.F 06.07.27 B	1.38%
Golden Bear Re Ltd. - Golden Bear Re 2026-1 Class A	GLDBER.F 01.08.29 A	1.31%
Arenal (Artex Segregated Account Company)	n/a	1.27%
Alamo Re Ltd. - Alamo Re 2024-1 Class A	ALALTD.F 06.07.27 A	1.24%
Lightning Re Ltd. - Lightning Re 2023-1 Class A	LIGTTO.F 03.31.26 A	1.22%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 26, 2026	$0.22933	Jun 26, 2026
Mar 27, 2026	$0.16842	Mar 27, 2026
Dec 18, 2025	$0.47342	Dec 18, 2025
Sep 19, 2025	$0.28338	Sep 19, 2025
Jun 20, 2025	$0.20804	Jun 20, 2025
Mar 21, 2025	$0.18769	Mar 21, 2025

Full Dividend History