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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hatteras Alpha Hedged Strategies Fund

ALPHX |

-

$90.6 M

-

3.22%

Vitals

YTD Return

N/A

1 yr return

-1.5%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

0.9%

Net Assets

$90.6 M

Holdings in Top 10

98.9%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.22%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 30.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hatteras Alpha Hedged Strategies Fund

ALPHX |

-

$90.6 M

-

3.22%

ALPHX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.99%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hatteras Alpha Hedged Strategies Fund
  • Fund Family Name
    Hatteras Funds
  • Inception Date
    Sep 23, 2002
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael P. Hennen

Fund Description

ALPHX - Performance

Return Ranking - Trailing

Period ALPHX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -52.8% 26.1% N/A
1 Yr -1.5% -63.0% 12.9% N/A
3 Yr -1.5%* -27.3% 13.0% N/A
5 Yr 0.9%* -24.1% 8.5% N/A
10 Yr -0.2%* -14.6% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period ALPHX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -34.6% 1.6% N/A
2022 N/A -12.4% 33.2% N/A
2021 N/A -65.8% 23.3% N/A
2020 N/A -64.9% 4.8% N/A
2019 N/A -29.5% 68.3% N/A

Total Return Ranking - Trailing

Period ALPHX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -52.8% 26.1% N/A
1 Yr -1.5% -60.8% 13.2% N/A
3 Yr -1.5%* -22.8% 13.9% N/A
5 Yr 0.9%* -21.4% 47.5% N/A
10 Yr -0.2%* -12.2% 12.5% N/A

* Annualized

Total Return Ranking - Calendar

Period ALPHX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -32.7% 1.6% N/A
2022 N/A -8.4% 33.2% N/A
2021 N/A -65.2% 23.3% N/A
2020 N/A -62.9% 9.2% N/A
2019 N/A -28.5% 76.9% N/A

ALPHX - Holdings

Concentration Analysis

ALPHX Category Low Category High ALPHX % Rank
Net Assets 90.6 M 604 K 147 B N/A
Number of Holdings 5 2 13410 N/A
Net Assets in Top 10 110 M -120 M 26.4 B N/A
Weighting of Top 10 98.86% 5.5% 3196.0% N/A

Top 10 Holdings

  1. Underlying Fds Tr 45.72%
  2. Hatteras Alternative Mut Fds Tr 28.34%
  3. Hatteras Managed Futures Strat H 22.07%
  4. Underlying Fds Tr 2.73%

Asset Allocation

Weighting Return Low Return High ALPHX % Rank
Other 		98.84% -253.31% 53.08% N/A
Cash 		1.16% -283.85% 353.31% N/A
Stocks 		0.00% -37.73% 135.47% N/A
Preferred Stocks 		0.00% 0.00% 65.70% N/A
Convertible Bonds 		0.00% 0.00% 26.85% N/A
Bonds 		0.00% 0.00% 261.66% N/A

ALPHX - Expenses

Operational Fees

ALPHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.22% 0.00% 11.64% N/A
Management Fee 0.25% 0.00% 2.50% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

ALPHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ALPHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ALPHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 0.00% 6067.00% N/A

ALPHX - Distributions

Dividend Yield Analysis

ALPHX Category Low Category High ALPHX % Rank
Dividend Yield 0.00% 0.00% 1.01% N/A

Dividend Distribution Analysis

ALPHX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

ALPHX Category Low Category High ALPHX % Rank
Net Income Ratio -0.99% -4.09% 6.99% N/A

Capital Gain Distribution Analysis

ALPHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

ALPHX - Fund Manager Analysis

Managers

Michael P. Hennen

Start Date

Tenure

Tenure Rank

Sep 15, 2009

7.05

7.1%

Mr. Hennen is a portfolio manager for the Hatteras Funds. His primary responsibilities include asset allocation, portfolio construction, and manager research. Prior to joining Hatteras in 2009, Mr. Hennen was a Vice President at Morgan Stanley in the Graystone Research Group, an alternative investments advisory group within Morgan Stanley, where he led the sourcing, evaluation, execution, and monitoring of alternative investments across a variety of strategies. Before joining Morgan Stanley, Mr. Hennen was an Analyst at Morningstar in Chicago. Mr. Hennen received his Bachelor of Business Administration degree in Finance from Western Michigan University. Mr. Hennen has also earned his designation as a Chartered Financial Analyst (CFA).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 38.52 6.47 7.12

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