AlphaCentric Real Income I (SIIIX)
| Fund Assets | 43.29M |
| Expense Ratio | 1.51% |
| Min. Investment | $2,500 |
| Turnover | 144.00% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 6.50% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 16.61 |
| YTD Return | 2.20% |
| 1-Year Return | 7.02% |
| 5-Year Return | n/a |
| 52-Week Low | 14.73 |
| 52-Week High | 16.70 |
| Beta (5Y) | n/a |
| Holdings | 89 |
| 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 7.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.72%.
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 | $0.090 | Jan 30, 2026 |
| Dec 30, 2025 | $0.090 | Dec 31, 2025 |
| Nov 26, 2025 | $0.090 | Nov 28, 2025 |
| Oct 30, 2025 | $0.090 | Oct 31, 2025 |
| Sep 29, 2025 | $0.090 | Sep 30, 2025 |
| Aug 28, 2025 | $0.090 | Aug 29, 2025 |