Toews Tactical Defensive Alpha Fund (TTDAX)
| Fund Assets | 71.26M |
| Expense Ratio | 1.27% |
| Min. Investment | $10,000 |
| Turnover | 764.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.07% |
| Dividend Growth | -31.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 10.76 |
| YTD Return | -0.28% |
| 1-Year Return | 8.74% |
| 5-Year Return | 6.44% |
| 52-Week Low | 8.95 |
| 52-Week High | 10.95 |
| Beta (5Y) | 0.73 |
| Holdings | 10 |
| Inception Date | Jan 7, 2016 |
About TTDAX
Toews Tactical Defensive Alpha Fund is an actively managed mutual fund in the long-short equity category focused on delivering long-term capital growth while seeking to limit risk in unfavorable markets. The strategy emphasizes an options-hedged approach to equity exposure, using put options and futures overlays to manage drawdowns and dynamically adjust risk through market cycles. The portfolio often combines hedged U.S. and developed markets equity exposures with substantial cash or cash equivalents when conditions warrant, reflecting a defensive posture designed to moderate volatility. Notable attributes include a process tailored for both upward-trending markets and declines—pursuing equity appreciation in rising environments and potential option-based protection during sell-offs. The fund’s structure and active risk management aim to serve as a core equity component for more conservative allocations or as a diversifying sleeve alongside traditional long-only equities and bonds. It is positioned within a cost-competitive peer group for its category and maintains open availability to investors, with a published objective of long-term growth and secondary emphasis on risk control.
Performance
TTDAX had a total return of 8.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.83%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | n/a | 76.83% |
| Us Dollar Future | n/a | 12.64% |
| Banksafe Toews Money Market | n/a | 8.18% |
| S&P500 Emini Optn Dec26p Esz6p 5850 Index | n/a | 3.18% |
| S&P Emini 3rd Wk Jan26p 3ef6p 5800 Index | n/a | 0.09% |
| S&P500 Emini Optn Dec25p Esz5p 5625 Index | n/a | 0.02% |
| E-mini S&P 500 Future Dec 25 | n/a | 0.00% |
| Cash | n/a | -0.05% |
| S&P500 Emini Optn Dec25p Esz5p 6625 Index | n/a | -0.25% |
| S&P Emini 3rd Wk Jan26p 3ef6p 6725 Index | n/a | -0.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.2232 | Dec 24, 2025 |
| Dec 20, 2024 | $0.3275 | Dec 23, 2024 |
| Dec 20, 2023 | $0.2549 | Dec 21, 2023 |
| Dec 21, 2022 | $0.0979 | Dec 22, 2022 |
| Dec 22, 2021 | $3.0646 | Dec 23, 2021 |
| Dec 23, 2020 | $0.5326 | Dec 23, 2020 |