Stone Ridge Diversified Alternatives I (SRDAX)
| Fund Assets | 1.88B |
| Expense Ratio | 2.13% |
| Min. Investment | $500,000 |
| Turnover | 35.60% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 8.26% |
| Dividend Growth | -45.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 10.54 |
| YTD Return | -1.50% |
| 1-Year Return | 2.94% |
| 5-Year Return | n/a |
| 52-Week Low | 10.07 |
| 52-Week High | 11.47 |
| Beta (5Y) | 0.01 |
| Holdings | 10772 |
| Inception Date | n/a |
About SRDAX
Stone Ridge Diversified Alternatives Fund Class I is an actively managed mutual fund designed to deliver diversified alternative returns to long-term investors. Managed by Stone Ridge Asset Management since its 2020 inception, this fund adopts a multi-strategy approach, incorporating a unique blend of alternative investments that traditionally exhibit low correlation to conventional equity and bond markets. Its strategies span reinsurance, market risk transfer, style premium investing, alternative lending, single-family real estate, and select exposures such as Bitcoin, aiming for steady total returns by capitalizing on various risk premium opportunities. The fund targets consistent cash flows and portfolio diversification, catering to investors seeking to dampen volatility and reduce reliance on standard asset classes. Its portfolio is broadly diversified, typically including U.S. Treasury bills, alternative lending vehicles, and specialized investment funds, with a substantial allocation to bonds and cash holdings. This structure enables investors to access alternative return streams within a daily liquid, transparent mutual fund format. The fund's risk profile is average for the alternative multistrategy category, and it has been recognized for its risk-adjusted performance.
Performance
SRDAX had a total return of 2.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.02%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SRDBX | Class J | 2.43% |
Top 10 Holdings
39.24% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bill | B.0 03.19.26 | 8.60% |
| United States Treasury Bill | B.0 04.16.26 | 5.50% |
| United States Treasury Bill | B.0 11.28.25 | 4.93% |
| United States Treasury Bill | B.0 01.22.26 | 4.03% |
| Longleaf (Artex Segregated Account Company) | n/a | 3.61% |
| Marlette Pass-Through Master Trust Series 2025-03A | MAPT.2025-03A PT | 2.70% |
| First American Government Obligations Fund | FGXXX | 2.70% |
| MSILF Government Portfolio | MVRXX | 2.70% |
| United States Treasury Bill | B.0 09.04.25 | 2.31% |
| United States Treasury Bill | WIB.0 08.07.25 | 2.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.87016 | Dec 19, 2024 |
| Dec 20, 2023 | $1.5939 | Dec 20, 2023 |
| Dec 22, 2022 | $0.32993 | Dec 22, 2022 |
| Dec 16, 2021 | $0.932 | Dec 16, 2021 |
| Dec 17, 2020 | $0.31397 | Dec 17, 2020 |