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Trending ETFs

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

-

$21.3 M

-

2.65%

Vitals

YTD Return

0.9%

1 yr return

7.0%

3 Yr Avg Return

0.9%

5 Yr Avg Return

1.2%

Net Assets

$21.3 M

Holdings in Top 10

92.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.65%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 81.99%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


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

-

$21.3 M

-

2.65%

FMHIX - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Cavalier Hedged High Income Fund
  • Fund Family Name
    Cavalier
  • Inception Date
    Sep 26, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description


FMHIX - Performance

Return Ranking - Trailing

Period FMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -25.9% 1.7% 1.01%
1 Yr 7.0% -29.6% 21.5% 1.37%
3 Yr 0.9%* -13.1% 6.6% 1.95%
5 Yr 1.2%* -10.4% 6.2% 1.86%
10 Yr N/A* -7.5% 8.5% N/A

* Annualized

Return Ranking - Calendar

Period FMHIX Return Category Return Low Category Return High Rank in Category (%)
2023 8.7% -6.2% 13.3% 27.93%
2022 -7.9% -13.5% 0.0% 40.79%
2021 4.5% -9.5% 6.3% 6.32%
2020 4.4% -0.8% 28.6% 90.08%
2019 -4.8% -34.3% 3.5% 12.21%

Total Return Ranking - Trailing

Period FMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -25.9% 1.7% 1.01%
1 Yr 7.0% -29.6% 21.5% 1.37%
3 Yr 0.9%* -13.1% 6.6% 5.06%
5 Yr 1.2%* -10.4% 6.2% 9.30%
10 Yr N/A* -5.5% 8.5% N/A

* Annualized

Total Return Ranking - Calendar

Period FMHIX Return Category Return Low Category Return High Rank in Category (%)
2023 8.7% -6.2% 13.3% 30.34%
2022 -7.9% -13.5% 1.3% 55.96%
2021 4.5% -8.5% 10.5% 23.32%
2020 4.4% -0.8% 39.0% 93.80%
2019 -4.8% -32.4% 3.5% 21.13%

FMHIX - Holdings

Concentration Analysis

FMHIX Category Low Category High FMHIX % Rank
Net Assets 21.3 M 1.85 M 10.5 B 90.78%
Number of Holdings 15 3 1639 97.63%
Net Assets in Top 10 19.8 M -146 M 18.9 B 66.10%
Weighting of Top 10 92.55% 4.7% 99.1% 1.71%

Top 10 Holdings

  1. Goldman Sachs Access Hi Yld Corp Bd ETF 58.71%
  2. SPDR® Blmbg Barclays High Yield Bd ETF 10.52%
  3. Preferred Apartment Communities, Inc. 7.02%
  4. Preferred Apartment Communities, Inc. 4.68%
  5. Microsoft Corp 2.08%
  6. Zoetis Inc Class A 2.05%
  7. Adobe Inc 1.91%
  8. Visa Inc Class A 1.88%
  9. Starbucks Corp 1.85%
  10. Facebook Inc A 1.85%

Asset Allocation

Weighting Return Low Return High FMHIX % Rank
Bonds
68.18% 4.58% 225.69% 95.29%
Stocks
18.53% -3.36% 23.17% 3.03%
Preferred Stocks
11.70% 0.00% 13.08% 2.37%
Cash
1.54% -125.70% 87.02% 75.25%
Convertible Bonds
0.04% 0.00% 17.83% 75.59%
Other
0.00% -51.32% 10.94% 86.10%

Stock Sector Breakdown

Weighting Return Low Return High FMHIX % Rank
Consumer Cyclical
5.38% 0.00% 100.00% 30.98%
Technology
3.99% 0.00% 100.00% 24.46%
Communication Services
3.57% 0.00% 100.00% 29.35%
Healthcare
2.05% 0.00% 100.00% 20.11%
Financial Services
1.88% 0.00% 100.00% 22.28%
Industrials
1.67% 0.00% 100.00% 34.24%
Utilities
0.00% 0.00% 94.37% 87.50%
Real Estate
0.00% 0.00% 100.00% 83.70%
Energy
0.00% 0.00% 100.00% 91.30%
Consumer Defense
0.00% 0.00% 53.30% 85.33%
Basic Materials
0.00% 0.00% 100.00% 88.04%

Stock Geographic Breakdown

Weighting Return Low Return High FMHIX % Rank
US
18.53% -0.99% 18.53% 0.68%
Non US
0.00% -3.36% 8.49% 89.15%

Bond Sector Breakdown

Weighting Return Low Return High FMHIX % Rank
Corporate
79.91% 0.00% 99.41% 73.81%
Cash & Equivalents
1.54% -9.91% 87.02% 89.12%
Government
0.01% 0.00% 98.94% 54.76%
Derivative
0.00% 0.00% 41.52% 90.48%
Securitized
0.00% 0.00% 93.44% 91.84%
Municipal
0.00% 0.00% 15.45% 87.07%

Bond Geographic Breakdown

Weighting Return Low Return High FMHIX % Rank
US
62.78% 4.58% 141.97% 70.51%
Non US
5.40% 0.00% 83.72% 89.83%

FMHIX - Expenses

Operational Fees

FMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.65% 0.04% 7.50% 8.30%
Management Fee 1.00% 0.00% 1.84% 93.92%
12b-1 Fee 1.00% 0.00% 1.00% 96.75%
Administrative Fee 0.10% 0.03% 0.50% 52.87%

Sales Fees

FMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 90.24%

Trading Fees

FMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

FMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.99% 14.00% 484.00% 84.08%

FMHIX - Distributions

Dividend Yield Analysis

FMHIX Category Low Category High FMHIX % Rank
Dividend Yield 0.00% 0.00% 2.72% 7.33%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FMHIX Category Low Category High FMHIX % Rank
Net Income Ratio 3.01% -0.81% 9.72% 92.81%

Capital Gain Distribution Analysis

FMHIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FMHIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.69 6.08 7.58