AlphaCentric Real Income C (SIICX)
| Fund Assets | 50.02M |
| Expense Ratio | 2.51% |
| Min. Investment | $2,500 |
| Turnover | 44.00% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 5.61% |
| Dividend Growth | -0.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 16.33 |
| YTD Return | 0.26% |
| 1-Year Return | 2.83% |
| 5-Year Return | n/a |
| 52-Week Low | 15.48 |
| 52-Week High | 17.32 |
| Beta (5Y) | n/a |
| Holdings | 89 |
| Inception Date | May 28, 2021 |
About SIICX
AlphaCentric Real Income Fund Class C is a mutual fund focused on generating total return through a combination of current income and capital appreciation. Established in May 2021, the fund employs a flexible portfolio strategy that primarily invests in interest-bearing fixed income securities alongside dividend-paying equity securities. A distinctive feature of this fund is its concentration, with more than 25% of its net assets allocated to companies within the real estate industry, emphasizing investments in tangible, income-producing hard assets such as forests, farmland, pipelines, and warehouses. Managed by a team at CrossingBridge Advisors since late 2024, the fund adopts a bottom-up, value-oriented approach prioritizing principal preservation and aims to capture undervalued income opportunities with potential for price appreciation. It distributes dividends monthly and maintains a sizable portfolio diversified across approximately 89 holdings. The fund is noted for reasonable income generation combined with growth potential, supported by active management seeking downside protection and moderate volatility relative to other hybrid funds. Its investment philosophy centers on balancing income and capital growth through a mix of fixed-income and fixed-income-like equities within the real asset sector.
Performance
SIICX had a total return of 2.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.11%.
Top 10 Holdings
33.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Gladstone Land Corp. - LAND 5 | LAND.5 01.31.26 D | 5.06% |
| Alpine Income Property Trust, Inc. | PINE | 3.84% |
| First American Treasury Obligations Fund | FXFXX | 3.69% |
| Builders Firstsource, Inc. - BLDR 4 1/4 02/01/32 | BLDR.4.25 02.01.32 144A | 3.65% |
| CBL & Associates Limited Partnership - CBL TL EXIT 1L USD | CBL.L 11.03.25 1 | 3.60% |
| BX COMMERCIAL MORTGAGE TRUST - BX 2021-SOAR B | n/a | 2.91% |
| Hawaiian Holdings Inc. - HA 3.9 01/15/26 | HA.3.9 01.15.26 A | 2.89% |
| Genworth Financial Inc. - GNW 0 11/15/36 | n/a | 2.83% |
| Graphic Packaging Holding Company | GPK | 2.65% |
| Phillips 66 | PSX | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.0773 | Jun 30, 2025 |
| May 29, 2025 | $0.0767 | May 30, 2025 |
| Apr 29, 2025 | $0.0779 | Apr 30, 2025 |
| Mar 28, 2025 | $0.077 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0772 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0749 | Jan 31, 2025 |