AlphaCentric Real Income Fund Class A (SIIAX)
| Fund Assets | 43.29M |
| Expense Ratio | 1.76% |
| Min. Investment | $2,500 |
| Turnover | 144.00% |
| Dividend (ttm) | 1.04 |
| Dividend Yield | 5.97% |
| Dividend Growth | -0.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 17.40 |
| YTD Return | 2.20% |
| 1-Year Return | 6.44% |
| 5-Year Return | n/a |
| 52-Week Low | 15.49 |
| 52-Week High | 17.49 |
| Beta (5Y) | n/a |
| Holdings | 89 |
| Inception Date | May 28, 2021 |
About SIIAX
AlphaCentric Real Income Fund is a mutual fund designed to deliver a blend of current income and capital appreciation by investing primarily in assets linked to real estate and real property. The fund is managed by CrossingBridge Advisors, who employ a bottom-up, value-oriented strategy focused on hard assets—such as commercial mortgages, preferred stock, and income-generating real estate investments. This approach emphasizes income stability and downside protection while targeting undervalued securities with the potential for price appreciation. The fund’s portfolio typically includes a diversified mix of bonds, preferred shares, commercial mortgage-backed securities, and equity exposures, with a significant portion allocated to hard-asset sectors like real estate, infrastructure, and natural resources. AlphaCentric Real Income Fund’s notable characteristics include a commitment to generating "real income"—often through instruments associated with predictable cash flows—while maintaining a conservative allocation profile. With an expense ratio above industry averages and an active management team, the fund targets investors seeking consistent income with potential for moderate growth, while prioritizing the return of principal over aggressive capital gains.
Performance
SIIAX had a total return of 6.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.57%.
Top 10 Holdings
35.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Gladstone Land Corp. - LAND 5 | n/a | 5.36% |
| First American Treasury Obligations Fund | FXFXX | 5.13% |
| BX TRUST 2025-LUNR - BX 2025-LUNR B | BX.2025-LUNR B | 3.73% |
| Alpine Income Property Trust, Inc. | PINE | 3.43% |
| DGWD TRUST 2025-INFL - DGWD 2025-INFL B | DGWD.2025-INFL B | 3.23% |
| Genworth Financial Inc. - GNW 0 11/15/36 | GNW.V0 11.15.36 | 3.12% |
| Bx Commercial Mortgage Trust 2018-Bioa - BX 2021-SOAR B | n/a | 3.08% |
| Hawaiian Holdings Inc. - HA 3.9 01/15/26 | HA.3.9 01.15.26 A | 2.90% |
| Champion Iron Limited | CIA | 2.69% |
| AMREP Corporation | AXR | 2.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0866 | Jan 30, 2026 |
| Dec 30, 2025 | $0.0862 | Dec 31, 2025 |
| Nov 26, 2025 | $0.0869 | Nov 28, 2025 |
| Oct 30, 2025 | $0.0863 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0864 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0867 | Aug 29, 2025 |