Easterly Snow Capital Long/Short Opportunity Fund (SNORX)
| Fund Assets | 104.14M |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 2.54 |
| Dividend Yield | 6.52% |
| Dividend Growth | 52.77% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 38.99 |
| YTD Return | 5.74% |
| 1-Year Return | 21.97% |
| 5-Year Return | n/a |
| 52-Week Low | 27.49 |
| 52-Week High | 38.99 |
| Beta (5Y) | n/a |
| Holdings | 78 |
| Inception Date | n/a |
About SNORX
Easterly Snow Long/Short Opportunity Fund R6 is a mutual fund that employs a long/short equity strategy within the U.S. all-cap universe. Its primary objective is to achieve long-term capital appreciation while also protecting investment principal. The fund actively takes both long positions in undervalued securities and short positions in overvalued ones, aiming to mitigate market volatility through various hedging techniques. Managed by seasoned professionals with a value investing background, the portfolio focuses on conviction-weighted selections, often targeting small-cap, out-of-favor stocks with strong balance sheets and positive free cash flow. The investment philosophy leverages insights from behavioral finance to exploit inefficiencies caused by investor overreactions to negative news. With a diversified sector allocation and a flexible approach that adjusts exposures according to market conditions, the fund serves as a liquid alternative investment designed to offer low correlation to traditional asset classes, making it a distinctive option for investors seeking risk-adjusted returns in dynamically shifting markets.
Performance
SNORX had a total return of 21.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.55%.
Top 10 Holdings
39.11% of assets| Name | Symbol | Weight |
|---|---|---|
| BBH SWEEP VEHICLE | n/a | 17.25% |
| Cardinal Health, Inc. | CAH | 2.98% |
| Centene Corporation | CNC | 2.69% |
| Lamb Weston Holdings, Inc. | LW | 2.65% |
| Wells Fargo & Company | WFC | 2.53% |
| Coterra Energy Inc. | CTRA | 2.46% |
| PACCAR Inc | PCAR | 2.16% |
| Mohawk Industries, Inc. | MHK | 2.14% |
| Carter's, Inc. | CRI | 2.14% |
| Truist Financial Corporation | TFC | 2.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2025 | $2.5406 | Dec 9, 2025 |
| Dec 9, 2024 | $1.663 | Dec 10, 2024 |
| Dec 7, 2023 | $0.7443 | Dec 8, 2023 |
| Dec 23, 2022 | $2.124 | Dec 27, 2022 |
| Dec 27, 2021 | $2.9816 | Dec 27, 2021 |