AlphaCentric Symmetry Strategy Fund Class A (SYMAX)
| Fund Assets | 41.16M |
| Expense Ratio | 1.96% |
| Min. Investment | $2,500 |
| Turnover | 329.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 1.12% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.54 |
| YTD Return | 0.57% |
| 1-Year Return | 39.42% |
| 5-Year Return | 90.89% |
| 52-Week Low | 11.21 |
| 52-Week High | 12.75 |
| Beta (5Y) | 0.33 |
| Holdings | 221 |
| Inception Date | Aug 19, 2019 |
About SYMAX
AlphaCentric Symmetry Strategy Fund Class A is a multi-strategy mutual fund designed to provide diversified exposure across various asset classes and investment strategies. The fund's primary function is to pursue risk-adjusted returns by blending multiple quantitative and technical trading approaches, often focusing on a combination of equities, government securities, and derivatives. With a portfolio comprising nearly 190 holdings, its largest positions include allocations to prominent exchange-traded funds, U.S. Treasury Bills, and cash equivalents, reflecting a balanced approach to both growth and risk management. The fund’s objective is benchmarked against the S&P 500 Total Return Index, with significant allocations to technology and government securities among its top holdings. Managed by Timothy Rudderow, a veteran in systematic trading, the fund is characterized by a relatively high turnover rate and an above-average expense ratio, underscoring its active management style. AlphaCentric Symmetry Strategy Fund Class A plays a distinctive role in the financial market as an alternative, multi-strategy vehicle, appealing to investors seeking diversification beyond traditional equity or fixed income instruments.
Performance
SYMAX had a total return of 39.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.65%.
Top 10 Holdings
44.49% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 12.73% |
| United States Treasury Bills - B 05/15/25 | B.0 05.15.25 | 4.89% |
| Invesco NASDAQ 100 ETF | QQQM | 4.83% |
| Invesco QQQ Trust Series I | QQQ | 4.82% |
| United States Treasury Bills - B 04/29/25 | B.0 04.29.25 | 3.68% |
| United States Treasury Bills - B 05/29/25 | n/a | 3.66% |
| iShares 3-7 Year Treasury Bond ETF | IEI | 2.48% |
| iShares 1-3 Year Treasury Bond ETF | SHY | 2.48% |
| iShares 7-10 Year Treasury Bond ETF | IEF | 2.47% |
| United States Treasury Bills - B 05/06/25 | B.0 05.06.25 | 2.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2023 | $0.1492 | Dec 15, 2023 |
| Dec 15, 2022 | $1.1171 | Dec 16, 2022 |
| Dec 16, 2021 | $0.0242 | Dec 17, 2021 |
| Dec 17, 2020 | $0.1383 | Dec 17, 2020 |
| Dec 17, 2019 | $0.2453 | Dec 17, 2019 |