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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

-

$9.31 M

-

1.35%

Vitals

YTD Return

N/A

1 yr return

-11.4%

3 Yr Avg Return

-3.5%

5 Yr Avg Return

-3.1%

Net Assets

$9.31 M

Holdings in Top 10

71.9%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 229.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$4,000

IRA

$4,000


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

-

$9.31 M

-

1.35%

FSAFX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -3.5%
  • 5 Yr Annualized Total Return -3.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Forward Strategic Alternatives Fund
  • Fund Family Name
    Forward Funds
  • Inception Date
    Dec 31, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nathan J. Rowader

Fund Description


FSAFX - Performance

Return Ranking - Trailing

Period FSAFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -11.4% -64.8% 268.1% N/A
3 Yr -3.5%* -100.0% 115.6% N/A
5 Yr -3.1%* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period FSAFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 73.0% N/A
2022 N/A -76.0% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 336.8% N/A
2019 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period FSAFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -11.4% -64.8% 268.1% N/A
3 Yr -3.5%* -100.0% 115.6% N/A
5 Yr -3.1%* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FSAFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 76.6% N/A
2022 N/A -30.7% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 341.1% N/A
2019 N/A -60.1% 304.1% N/A

FSAFX - Holdings

Concentration Analysis

FSAFX Category Low Category High FSAFX % Rank
Net Assets 9.31 M 10 804 B N/A
Number of Holdings 37 1 17333 N/A
Net Assets in Top 10 6.4 M -7.11 B 145 B N/A
Weighting of Top 10 71.85% 0.0% 20474.3% N/A

Top 10 Holdings

  1. SPDR Dow Jones Intl Real Estate 11.63%
  2. iShares Dow Jones US Real Estate 11.54%
  3. FNMA FRN 9.23%
  4. FNMA FRN 8.33%
  5. PIMCO Enhanced Short Maturity ETF 7.18%
  6. iShares FTSE EPRA/NAREIT Dev Asia Idx 6.59%
  7. iShares FTSE NAREIT Industrl/Offc Cp Idx 6.39%
  8. FHLMC FRN 4.13%
  9. FNMA FRN 3.44%
  10. FNMA FRN 3.39%

Asset Allocation

Weighting Return Low Return High FSAFX % Rank
Bonds
51.84% -955.59% 2458.15% N/A
Stocks
35.79% -142.98% 259.25% N/A
Cash
11.89% -2458.20% 7388.76% N/A
Other
0.48% -7288.76% 493.15% N/A
Preferred Stocks
0.00% -21.20% 80.89% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A

Stock Sector Breakdown

Weighting Return Low Return High FSAFX % Rank
Real Estate
35.07% -8.52% 100.26% N/A
Basic Materials
0.47% -5.18% 96.19% N/A
Industrials
0.10% -19.53% 93.31% N/A
Consumer Cyclical
0.04% -20.80% 87.44% N/A
Financial Services
0.03% -7.59% 99.69% N/A
Utilities
0.00% -3.80% 94.95% N/A
Technology
0.00% -26.81% 99.57% N/A
Healthcare
0.00% -15.38% 100.00% N/A
Energy
0.00% -6.25% 144.83% N/A
Communication Services
0.00% -9.27% 90.02% N/A
Consumer Defense
0.00% -7.54% 98.24% N/A

Stock Geographic Breakdown

Weighting Return Low Return High FSAFX % Rank
US
17.92% -142.98% 149.27% N/A
Non US
17.87% -38.73% 159.65% N/A

Bond Sector Breakdown

Weighting Return Low Return High FSAFX % Rank
Securitized
48.00% -24.16% 264.51% N/A
Cash & Equivalents
11.93% -2458.20% 7388.76% N/A
Corporate
2.92% -46.36% 3345.86% N/A
Government
0.50% -3298.93% 2458.15% N/A
Municipal
0.26% 0.00% 165.37% N/A
Derivative
0.00% -511.61% 54.22% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FSAFX % Rank
US
50.01% -955.59% 2458.15% N/A
Non US
1.83% -153.97% 464.75% N/A

FSAFX - Expenses

Operational Fees

FSAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% -2.86% 950.64% N/A
Management Fee 0.70% 0.00% 2.87% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee 0.07% 0.00% 52000.00% N/A

Sales Fees

FSAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

FSAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

FSAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 229.00% 0.00% 5067.00% N/A

FSAFX - Distributions

Dividend Yield Analysis

FSAFX Category Low Category High FSAFX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

FSAFX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

FSAFX Category Low Category High FSAFX % Rank
Net Income Ratio 0.44% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

FSAFX - Fund Manager Analysis

Managers

Nathan J. Rowader


Start Date

Tenure

Tenure Rank

Jan 29, 2008

5.17

5.2%

Mr. Rowader has been with Forward Management since September 2008 as Director of Investments. Mr. Rowader has primary responsibility for the day-to-day management of the Allocation Funds and co-primary responsibility for the day-to-day management of the Forward Frontier Strategy Fund, Forward U.S. Government Money Fund and the cash portion of the Forward Emerging Markets Fund. Prior to joining Forward Management, Mr. Rowader was with Accessor Capital Management from February 2007, as Investment Officer and member of Accessor’s Investment Committee; from December 2007, as Senior Investment Officer; and from February 2008 as Chief Investment Officer. Prior to Accessor Capital Management, Mr. Rowader was a Risk Management Analyst at OppenheimerFunds from 2005 to February 2007 and a Fund Analyst at OppenheimerFunds from 2004 to 2005. Prior to the OppenheimerFunds, Mr. Rowader served as a Financial Consultant at Linsco/Private Ledger from 2003 to 2004 and as a Senior Project Manager at WallStreetOnDemand from 1998 to 2003. Mr. Rowader holds an MBA. Mr. Rowader has managed the Allocation Funds and the Forward U.S. Government Money Fund since February 2007, the cash portion of the Forward Emerging Markets Fund since August 2009, and the Forward Frontier Strategy Fund since its inception in December 2008.

Paul Herber


Start Date

Tenure

Tenure Rank

Feb 28, 2008

5.09

5.1%

Mr. Herber has been with Forward Management since September 2008 as an Investment Officer. Mr. Herber has co-primary responsibility for the day-to-day management of the Forward Frontier Strategy Fund and the cash portion of the Forward Emerging Markets Fund. Prior to joining Forward Management, Mr. Herber was with Accessor Capital Management since February 2008 as an Investment Officer and member of Accessor’s Investment Committee. Prior to Accessor Capital Management, Mr. Herber was a Research Analyst at Wexford Capital Management from February 2006 to January 2008; the owner and operator of Genesis Games and Gizmos from June 2004 to January 2006; and a research associate at Capital International from June 2002 through May 2004. Mr. Herber has been a CFA Charterholder since 2003. Mr. Herber has managed the Allocation Funds and Forward U.S. Government Money Fund since February 2008, the cash portion of the Forward Emerging Markets Fund since August 2009, and Forward Frontier Strategy Fund since its inception in December 2008.

Paul Broughton


Start Date

Tenure

Tenure Rank

Feb 01, 2011

2.16

2.2%

Mr. Broughton has been with Forward Management since December 2010 as Assistant Portfolio Manager. Mr. Broughton has co-primary responsibility for the day-to-day management of the Forward U.S. Government Money Fund. Prior to joining Forward Management, Mr. Broughton was a Senior Financial Analyst for the Sacramento Municipal Utility District, where he managed the District’s fixed income portfolio, from January 2010 to November 2010. From March 2006 to January 2010, Mr. Broughton was VP/Investment Officer for Pacific Capital Bancorp where he managed the Bank’s bond portfolio. Previously, Mr. Broughton was a Fixed Income Trader (July 2002 to February 2006) and a Senior Priority Investment Specialist (June 1997 to July 2002) with American Century Investments, and was employed as an Investment Accountant for State Street from March 1996 to May 1997. Mr. Broughton is a Chartered Financial Analyst. Mr. Broughton has managed the Allocation Funds, the cash portion of the Forward Emerging Markets Fund, the Forward Frontier Strategy Fund, and the Forward U.S. Government Money Fund since February 2011.

David Janec


Start Date

Tenure

Tenure Rank

May 01, 2012

0.92

0.9%

David Janec has been with Forward since September 2008 as Investment Specialist. Mr. Janec has primary responsibility in the areas of trading, valuation and risk management of the Forward Frontier Strategy Fund, Forward Strategic Alternatives Fund, the cash portion of the Forward Emerging Markets Fund, and the cash portion of the Forward International Small Companies Fund. Prior to joining Forward Mr. Janec was with Accessor Capital Management from April 2007 as an Operations Analyst, from April 2008 as a Junior Investment Analyst, and from March 2009 as an Investment Analyst. Prior to Accessor Capital Management, Mr. Janec was an Operations Associate at E*Trade from 2005 to 2006 and an Operations Associate at BrownCo from 2004 to 2005.

Jim O'Donnell


Start Date

Tenure

Tenure Rank

Sep 01, 2008

4.58

4.6%

Jim O’Donnell, CFA. Mr. O’Donnell is Chief Investment Officer of Forward Management. He has held this position since July 2006. Mr. O’Donnell has overall responsibility for asset management at Forward Management. Mr. O’Donnell has co-primary responsibility for the day to day management of the Forward Tactical Enhanced Fund. From September 2001 to October 2002 and from February 2004 to May 2006, Mr. O’Donnell was an Analyst with Meisenbach Capital, conducting fundamental and financial analysis for a hedge fund portfolio. Between November 2002 and February 2004, Mr. O’Donnell was a consultant with Rainmaker Alliance, consulting with venture capital and start-up firms on financial models, projections and business strategy. From April 1993 to August 2001, Mr. O’Donnell was a Portfolio Manager for Nicholas-Applegate Capital Management, responsible for stock selection and financial analysis for large cap, mid cap, and small cap portfolios. Mr. O’Donnell is a Chartered Financial Analyst and holds an MBA.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25