Wavelength Fund (WAVLX)
| Fund Assets | 126.99M |
| Expense Ratio | 1.26% |
| Min. Investment | $10,000 |
| Turnover | 72.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.86% |
| Dividend Growth | 0.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.20 |
| YTD Return | 2.36% |
| 1-Year Return | 7.76% |
| 5-Year Return | 12.88% |
| 52-Week Low | 9.82 |
| 52-Week High | 10.34 |
| Beta (5Y) | 0.34 |
| Holdings | 30 |
| Inception Date | Sep 30, 2013 |
About WAVLX
Wavelength Fund is a mutual fund that primarily operates within the nontraditional bond category, aiming to provide income and total return by investing flexibly across various fixed income sectors. Its portfolio consists mainly of U.S. Treasury note futures, a range of exchange-traded funds covering senior loans, mortgage-backed securities, high yield and emerging market bonds, as well as inflation-protected securities. The fund actively manages interest rate exposure and credit risk through allocations to both government and corporate debt instruments, including derivatives for hedging and positioning purposes. With around 60% of assets typically concentrated in its top ten holdings, Wavelength Fund demonstrates a focused yet diversified approach that captures opportunities across global fixed income markets. It features a quarterly distribution schedule with a recent annual yield near 4.3%, and is suitable for investors seeking diversified bond exposure with moderate sensitivity to interest rates and credit movements. The fund's strategy allows for dynamic adjustments to market conditions, positioning it as a flexible component within fixed income allocations.
Performance
WAVLX had a total return of 7.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.34%.
Top 10 Holdings
65.51% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 26 | n/a | 9.58% |
| Invesco Senior Loan ETF | BKLN | 8.68% |
| 5 Year Treasury Note Future Sept 26 | n/a | 8.59% |
| Vanguard Short-Term Inflation-Protected Securities ETF | VTIP | 7.33% |
| State Street SPDR Bloomberg Short Term High Yield Bond ETF | SJNK | 7.09% |
| Vanguard Mortgage-Backed Securities ETF | VMBS | 6.66% |
| 10 Year Treasury Note Future Sept 26 | n/a | 4.74% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 4.58% |
| iShares TIPS Bond ETF | TIP | 4.58% |
| VanEck Emerging Markets High Yield Bond ETF | HYEM | 3.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0342 | Jul 1, 2026 |
| May 29, 2026 | $0.0326 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0298 | May 1, 2026 |
| Mar 31, 2026 | $0.018 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0283 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0057 | Feb 2, 2026 |