AlphaCentric Real Income I (SIIIX)
| Fund Assets | 49.90M |
| Expense Ratio | 1.51% |
| Min. Investment | $2,500 |
| Turnover | 144.00% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 6.56% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 16.51 |
| YTD Return | 0.93% |
| 1-Year Return | 0.80% |
| 5-Year Return | n/a |
| 52-Week Low | 15.56 |
| 52-Week High | 17.41 |
| Beta (5Y) | n/a |
| Holdings | 99 |
| Inception Date | May 28, 2021 |
About SIIIX
AlphaCentric Real Income Fund Class I is an actively managed mutual fund designed to deliver both income and capital appreciation through tactical allocation. The fund primarily invests in interest-bearing fixed income securities, including convertible bonds and dividend-yielding value stocks, targeting a blend of asset classes to adapt to changing market conditions. It has meaningful exposure to various sectors, with a significant focus on domestic real estate and financial services companies, and maintains a substantial allocation to preferred and convertible securities as well as cash and cash equivalents. The fund is classified in the tactical allocation category, which means it regularly adjusts its investment mix across equities, bonds, and other instruments based on evolving opportunities and risks. Its managers execute material shifts in sector or regional allocations, aiming to optimize returns while balancing risk. The fund has a relatively high expense ratio due to its active management, and it distributes income monthly, with a yield notably above the category average. By targeting diverse sources of real income, AlphaCentric Real Income Fund Class I plays a distinctive role for investors seeking a blend of income generation and dynamic asset allocation within a single portfolio.
Performance
SIIIX had a total return of 0.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.91%.
Top 10 Holdings
35.62% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 5.71% |
| Gladstone Land Corp. - LAND 5 | LAND.5 01.31.26 D | 5.00% |
| iShares U.S. Real Estate ETF | IYR | 3.82% |
| BX TRUST 2025-LUNR - BX 2025-LUNR B | BX.2025-LUNR B | 3.66% |
| Alpine Income Property Trust, Inc. | PINE | 3.34% |
| Genworth Financial Inc. - GNW 0 11/15/36 | GNW.V0 11.15.36 | 2.93% |
| BX COMMERCIAL MORTGAGE TRUST - BX 2021-SOAR B | BX.2021-SOAR B | 2.89% |
| Hawaiian Holdings Inc. - HA 3.9 01/15/26 | HA.3.9 01.15.26 A | 2.84% |
| American Assets Trust, Inc. | AAT | 2.79% |
| FLEX LNG Ltd. | FLNG | 2.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.090 | Aug 29, 2025 |
| Jul 30, 2025 | $0.090 | Jul 31, 2025 |
| Jun 27, 2025 | $0.090 | Jun 30, 2025 |
| May 29, 2025 | $0.090 | May 30, 2025 |
| Apr 29, 2025 | $0.090 | Apr 30, 2025 |
| Mar 28, 2025 | $0.090 | Mar 31, 2025 |