Counterpoint Tactical Municipal Fund Class C (TMNCX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.86
+0.01 (0.09%)
Dec 3, 2024, 4:00 PM EST
6.05% (1Y)
| Fund Assets | 301.54M |
| Expense Ratio | 2.64% |
| Min. Investment | $5,000 |
| Turnover | 289.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.22% |
| Dividend Growth | -3.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 27, 2024 |
| Previous Close | 10.85 |
| YTD Return | 5.56% |
| 1-Year Return | 8.39% |
| 5-Year Return | 16.09% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.92 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Jun 11, 2018 |
About TMNCX
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any) in, or derives at least 80% of its income from, municipal bonds. It may indirectly and directly invest in issuers located in U.S. territories, commonwealths, possessions or protectorates. The fund may invest in debt securities of any credit quality or maturity. It may invest up to 100% of its assets in below investment grade securities.
Fund Family Counterpoint Mutual Funds
Category High Yield Muni
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TMNCX
Index Bloomberg Municipal Bond TR
Performance
TMNCX had a total return of 8.39% in the past year. Since the fund's inception, the average annual return has been 3.33%, including dividends.
Top 10 Holdings
98.89% of assets| Name | Symbol | Weight |
|---|---|---|
| American High-Income Municipal Bond Fund® Class F-3 | HIMFX | 28.68% |
| T. Rowe Price Tax Free High Yield Fund I Class | PTYIX | 24.34% |
| VanEck High Yield Muni ETF | HYD | 21.86% |
| Delaware National High Yield Municipal Bond Fund Institutional Class | DVHIX | 6.03% |
| PGIM Muni High Income Fund-Class Z | PHIZX | 5.74% |
| American Century High Yield Municipal Fund I Class | AYMIX | 5.42% |
| Nuveen High Yield Municipal Bond Fund Class I | NHMRX | 4.90% |
| BlackRock Liquidity Funds - MuniCash | MCSXX | 1.22% |
| Goldman Sachs High Yield Municipal Fund Institutional Class | GHYIX | 0.35% |
| PIMCO High Yield Municipal Bond Fund Institutional Class | PHMIX | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 27, 2024 | $0.0193 | Nov 29, 2024 |
| Oct 30, 2024 | $0.0212 | Oct 31, 2024 |
| Sep 27, 2024 | $0.0187 | Sep 30, 2024 |
| Aug 29, 2024 | $0.0205 | Aug 30, 2024 |
| Jul 30, 2024 | $0.0204 | Jul 31, 2024 |
| Jun 27, 2024 | $0.0185 | Jun 28, 2024 |