361 Domestic Long/Short Equity Fund
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$5.31 M
Holdings in Top 10
27.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 4.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/29/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ADMWX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal Name361 Domestic Long/Short Equity Fund
-
Fund Family NameINVESTMENT MANAGERS SERIES TRUST
-
Inception DateMar 31, 2016
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
In pursuing its investment objectives, the Fund seeks to invest at least 80% of the value of its net assets (which include borrowings for investment purposes) in equity securities such as common stocks, warrants and rights of issuers that are organized in the United States and the securities of which are principally traded on a major U.S. exchange. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the United States. The Fund buys securities “long” that Allspring Global Investments, LLC (“Allspring” or the “Sub-Advisor”), the Fund’s sub-advisor, believes will outperform the equity market, and sells securities “short” that the Sub-Advisor believes will underperform the equity market. The Fund’s long-short exposure will vary over time based on the Sub-Advisor’s assessments of market conditions and other factors. The Fund may invest in equity securities of issuers of any market capitalization. The Sub-Advisor anticipates that, in general, the net long exposure of the Fund will not exceed 100% and the Fund will not have a net short exposure. The Fund’s investment strategy involves active and frequent trading.
The Fund’s strategy seeks to provide favorable performance while seeking to reduce certain risks relative to a portfolio comprised of only long positions in the same or substantially similar securities, but there can be no guarantee that its strategy will be successful in this regard.
The Fund may also invest from time to time in futures, swaps and options contracts on securities, and securities indices. The Fund may also enter into options on futures contracts. The Fund may purchase or write options in combination with each other (i.e., simultaneously writing call options and purchasing put options) to seek to adjust the risk and return of its overall investment positions. The Fund may employ the types of derivatives referenced above in order to obtain short or long exposures to securities. The Fund will not count its derivatives positions, including futures, swaps and option positions, for purposes of determining whether it holds at least 80% of the value of its net assets (including investment-related borrowings) in equity securities.
The Fund may invest in exchange-traded funds (“ETFs”) designed to track U.S. equity securities indices to manage the Fund’s cash holdings and gain exposure to the types of securities in which the Fund primarily invests. The Fund will count its ETF positions for purposes of determining whether it holds at least 80% of the value of its net assets (including investment-related borrowings) in equity securities of U.S. issuers.
ADMWX - Performance
Return Ranking - Trailing
Period | ADMWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -11.7% | 17.0% | 4.66% |
1 Yr | N/A | -27.2% | 22.0% | 2.62% |
3 Yr | N/A* | -19.9% | 23.4% | 20.93% |
5 Yr | N/A* | -13.4% | 13.1% | 3.82% |
10 Yr | N/A* | -7.3% | 11.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | ADMWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -54.0% | 40.9% | 15.14% |
2022 | N/A | -22.5% | 24.1% | 16.95% |
2021 | N/A | -19.4% | 24.1% | 97.06% |
2020 | 0.2% | -8.4% | 12.9% | 1.85% |
2019 | 7.9% | -14.0% | 7.1% | N/A |
Total Return Ranking - Trailing
Period | ADMWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -25.0% | 17.0% | 5.18% |
1 Yr | N/A | -27.2% | 22.0% | 2.62% |
3 Yr | N/A* | -19.9% | 23.4% | 20.93% |
5 Yr | N/A* | -13.2% | 14.1% | 3.82% |
10 Yr | N/A* | -6.9% | 11.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ADMWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -54.0% | 40.9% | 15.68% |
2022 | N/A | -22.5% | 24.1% | 16.95% |
2021 | N/A | -19.4% | 24.1% | 97.06% |
2020 | 4.5% | -8.4% | 12.9% | 1.85% |
2019 | 12.4% | -14.0% | 15.9% | N/A |
NAV & Total Return History
ADMWX - Holdings
Concentration Analysis
ADMWX | Category Low | Category High | ADMWX % Rank | |
---|---|---|---|---|
Net Assets | 5.31 M | 818 K | 5.18 B | 91.24% |
Number of Holdings | 265 | 3 | 2670 | 39.78% |
Net Assets in Top 10 | 1.44 M | -175 M | 1.1 B | 74.73% |
Weighting of Top 10 | 27.15% | 1.5% | 100.0% | 32.48% |
Top 10 Holdings
- UMB MONEY MARKET FIDUCIARY / 8.44%
- Microsoft Corp. 3.36%
- Apple, Inc. 3.00%
- Colgate-Palmolive Co. 2.05%
- Amazon.com, Inc. 1.96%
- Exxon Mobil Corp. 1.82%
- Dollar General Corp. 1.68%
- UGI Corp. 1.67%
- Bank of New York Mellon Corp. 1.65%
- NRG Energy, Inc. 1.52%
Asset Allocation
Weighting | Return Low | Return High | ADMWX % Rank | |
---|---|---|---|---|
Stocks | 72.93% | -2.90% | 119.13% | 37.97% |
Cash | 25.78% | -67.46% | 106.99% | 60.00% |
Preferred Stocks | 0.00% | 0.00% | 7.60% | 5.95% |
Other | 0.00% | -35.22% | 39.56% | 11.89% |
Convertible Bonds | 0.00% | -0.02% | 4.68% | 86.49% |
Bonds | 0.00% | -48.31% | 152.17% | 82.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ADMWX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 21.71% | 46.06% |
Technology | 0.00% | 0.00% | 43.24% | 20.61% |
Real Estate | 0.00% | 0.00% | 10.93% | 44.85% |
Industrials | 0.00% | 0.00% | 31.93% | 84.24% |
Healthcare | 0.00% | 0.00% | 100.00% | 15.15% |
Financial Services | 0.00% | 0.00% | 83.83% | 87.88% |
Energy | 0.00% | 0.00% | 32.57% | 98.18% |
Communication Services | 0.00% | 0.00% | 32.32% | 21.82% |
Consumer Defense | 0.00% | 0.00% | 33.38% | 9.70% |
Consumer Cyclical | 0.00% | 0.00% | 88.83% | 33.33% |
Basic Materials | 0.00% | 0.00% | 28.58% | 41.82% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ADMWX % Rank | |
---|---|---|---|---|
US | 72.93% | -24.26% | 116.70% | 31.35% |
Non US | 0.00% | -43.01% | 97.78% | 55.14% |
ADMWX - Expenses
Operational Fees
ADMWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.40% | 0.40% | 11.46% | 32.82% |
Management Fee | 1.10% | 0.00% | 2.50% | 41.03% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 1.54% | 47.06% |
Sales Fees
ADMWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
ADMWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
ADMWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 479.00% | 94.41% |
ADMWX - Distributions
Dividend Yield Analysis
ADMWX | Category Low | Category High | ADMWX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.11% | 90.77% |
Dividend Distribution Analysis
ADMWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
ADMWX | Category Low | Category High | ADMWX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -3.33% | 2.88% | 46.60% |
Capital Gain Distribution Analysis
ADMWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |