Steward Equity Market Neutral I (SMNIX)

Fund Assets	116.63M
Expense Ratio	2.482%
Min. Investment	$100,000
Turnover	176.00%
Dividend (ttm)	0.69
Dividend Yield	2.21%
Dividend Growth	-32.66%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	31.43
YTD Return	14.60%
1-Year Return	21.52%
5-Year Return	n/a
52-Week Low	25.83
52-Week High	31.43
Beta (5Y)	-0.15
Holdings	227
Inception Date	Nov 18, 2021

About SMNIX

The Steward Equity Market Neutral Fund Institutional Class is a mutual fund that employs a market neutral investment strategy, primarily targeting absolute returns that are independent of stock market direction. The fund achieves this by establishing both long and short positions in a diversified portfolio of equity securities, with a significant portion of its holdings focused on large-cap U.S. companies, predominantly sourced from the Russell 1000 Index. This approach aims to minimize broad market risk and generate returns based on individual stock selection rather than overall market trends. The fund typically invests at least 80% of its assets in equities and may also allocate assets to small- and mid-cap companies, other investment companies, and real estate investment trusts. As an institutional class offering, it is geared toward larger investors, with higher minimum investment requirements and an emphasis on risk management and values-based screening for its long positions. Its primary role in the market is to provide portfolio diversification and stability, especially for institutional investors seeking consistent performance regardless of market movements.

• Fund Family: Crossmark Steward Funds
• Category: Equity Mkt Neutral
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SMNIX
• Share Class: Institutional Class
• Index: Index is not available on Lipper Database

Performance

SMNIX had a total return of 21.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.71%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VMNFX	Vanguard	Vanguard Market Neutral Fund Investor Shares	1.95%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SMNAX	Class A	2.71%
SMNRX	Class R6	2.38%
SMNCX	Class C	3.50%

Top 10 Holdings

20.08% of assets

Name	Symbol	Weight
Northern Institutional Treasury Premier	NTPXX	11.18%
QUALCOMM Incorporated	QCOM	1.07%
Western Digital Corporation	WDC	1.02%
Weatherford International plc	WFRD	0.99%
Chord Energy Corporation	CHRD	0.99%
TechnipFMC plc	FTI	0.98%
nVent Electric plc	NVT	0.97%
TD SYNNEX Corporation	SNX	0.97%
Sensata Technologies Holding plc	ST	0.96%
Millicom International Cellular S.A.	TIGO	0.96%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.69102	Dec 19, 2025
Dec 19, 2024	$1.10112	Dec 19, 2024
Dec 21, 2023	$1.31006	Dec 21, 2023
Dec 16, 2022	$0.0117	Dec 16, 2022

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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