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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

Absolute Strategies Fund

ASFAX |

-

$150 M

-

3.76%

Vitals

YTD Return

N/A

1 yr return

-5.9%

3 Yr Avg Return

-3.3%

5 Yr Avg Return

-2.6%

Net Assets

$150 M

Holdings in Top 10

53.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.76%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 86.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250,000

IRA

$5,000

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

Absolute Strategies Fund

ASFAX |

-

$150 M

-

3.76%

ASFAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -3.3%
  • 5 Yr Annualized Total Return -2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Absolute Strategies Fund
  • Fund Family Name
    Absolute Strategies
  • Inception Date
    Jul 27, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jay Compson

Fund Description

ASFAX - Performance

Return Ranking - Trailing

Period ASFAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -52.8% 26.1% N/A
1 Yr -5.9% -63.0% 12.9% N/A
3 Yr -3.3%* -27.3% 13.0% N/A
5 Yr -2.6%* -24.1% 8.5% N/A
10 Yr -0.2%* -14.6% 9.5% N/A

* Annualized

Return Ranking - Calendar

Period ASFAX 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 ASFAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -52.8% 26.1% N/A
1 Yr -5.9% -60.8% 13.2% N/A
3 Yr -3.3%* -22.8% 13.9% N/A
5 Yr -2.6%* -21.4% 47.5% N/A
10 Yr -0.2%* -12.2% 12.5% N/A

* Annualized

Total Return Ranking - Calendar

Period ASFAX 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

ASFAX - Holdings

Concentration Analysis

ASFAX Category Low Category High ASFAX % Rank
Net Assets 150 M 604 K 147 B N/A
Number of Holdings 194 2 13410 N/A
Net Assets in Top 10 67.4 M -120 M 26.4 B N/A
Weighting of Top 10 53.64% 5.5% 3196.0% N/A

Top 10 Holdings

  1. SPDR® S&P 500 ETF 9.80%
  2. VanEck Vectors Gold Miners ETF 1.94%
  3. First Trust Dow Jones Internet ETF 1.70%
  4. S&P500 Emini Fut Jun18 1.37%
  5. Enbridge Inc 1.33%
  6. Sanofi SA ADR 1.27%
  7. Royal Gold Inc 1.18%
  8. Brookfield Asset Management Inc Class A 0.96%

Asset Allocation

Weighting Return Low Return High ASFAX % Rank
Cash 		63.97% -283.85% 353.31% N/A
Stocks 		19.33% -37.73% 135.47% N/A
Convertible Bonds 		16.67% 0.00% 26.85% N/A
Bonds 		0.24% 0.00% 261.66% N/A
Preferred Stocks 		0.00% 0.00% 65.70% N/A
Other 		-0.22% -253.31% 53.08% N/A

Stock Sector Breakdown

Weighting Return Low Return High ASFAX % Rank
Energy 		12.70% -2.23% 27.44% N/A
Basic Materials 		5.66% -1.56% 22.61% N/A
Consumer Defense 		3.21% -4.62% 17.45% N/A
Financial Services 		2.30% -0.41% 47.66% N/A
Healthcare 		2.11% -1.99% 45.45% N/A
Utilities 		0.84% -0.12% 23.50% N/A
Communication Services 		0.70% -0.92% 6.87% N/A
Real Estate 		0.55% -3.22% 75.65% N/A
Industrials 		-0.29% -0.36% 27.17% N/A
Consumer Cyclical 		-3.55% -9.59% 42.25% N/A
Technology 		-4.04% -3.22% 31.95% N/A

Stock Geographic Breakdown

Weighting Return Low Return High ASFAX % Rank
US 		15.17% -39.12% 134.61% N/A
Non US 		4.16% -76.83% 74.42% N/A

Bond Sector Breakdown

Weighting Return Low Return High ASFAX % Rank
Cash & Equivalents 		63.97% -277.47% 353.31% N/A
Corporate 		16.67% 0.00% 86.09% N/A
Securitized 		0.24% -31.43% 45.07% N/A
Derivative 		0.00% -234.33% 21.15% N/A
Municipal 		0.00% 0.00% 99.83% N/A
Government 		0.00% -57.27% 316.66% N/A

Bond Geographic Breakdown

Weighting Return Low Return High ASFAX % Rank
US 		0.24% -215.69% 201.54% N/A
Non US 		0.00% -64.26% 220.06% N/A

ASFAX - Expenses

Operational Fees

ASFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.76% 0.00% 11.64% N/A
Management Fee 1.60% 0.00% 2.50% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.12% 0.00% 0.83% N/A

Sales Fees

ASFAX 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

ASFAX 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.

ASFAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 86.00% 0.00% 6067.00% N/A

ASFAX - Distributions

Dividend Yield Analysis

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

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ASFAX Category Low Category High ASFAX % Rank
Net Income Ratio -1.59% -4.09% 6.99% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

ASFAX - Fund Manager Analysis

Managers

Jay Compson

Start Date

Tenure

Tenure Rank

Jul 27, 2005

13.02

13.0%

Compson is the principal and founder of Absolute Investment Advisers LLC since 2004. Prior to founding Absolute in 2004, Mr. Compson was a Portfolio Manager and Partner at Abington Capital LP, a Boston-based hedge fund. He also spent several years in corporate risk management roles at two investment banks — Lehman Brothers and Tucker Anthony Sutro. Mr. Compson received his BA degree from Franklin & Marshall College and his MBA in Finance and Management from New York University's Stern School of Business

Tenure Analysis

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

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