Name
As of 10/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.3%
1 yr return
7.0%
3 Yr Avg Return
2.6%
5 Yr Avg Return
3.2%
Net Assets
$6.58 M
Holdings in Top 10
19.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.51%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 277.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
INCCX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return 2.6%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.71%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameEasterly Hedged High Income Fund
-
Fund Family NameSaratoga
-
Inception DateDec 31, 2013
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAkos Beleznay
Fund Description
INCCX - Performance
Return Ranking - Trailing
Period | INCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -25.0% | 25.7% | 34.42% |
1 Yr | 7.0% | -29.1% | 49.5% | 39.03% |
3 Yr | 2.6%* | -10.1% | 11.4% | 82.69% |
5 Yr | 3.2%* | -14.3% | 13.4% | 70.77% |
10 Yr | N/A* | -1.3% | 14.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | INCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.0% | -49.2% | 314.3% | 70.17% |
2022 | 1.9% | -35.1% | 16.7% | 80.31% |
2021 | -5.7% | -48.0% | 3.4% | 60.62% |
2020 | 2.5% | -14.8% | 11.2% | 33.64% |
2019 | N/A | -11.2% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | INCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -25.0% | 25.7% | 34.42% |
1 Yr | 6.0% | -33.2% | 49.5% | 42.80% |
3 Yr | 2.6%* | -11.9% | 13.0% | 79.47% |
5 Yr | 3.2%* | -15.3% | 13.4% | 64.74% |
10 Yr | N/A* | -1.3% | 14.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | INCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.0% | -49.2% | 314.3% | 70.17% |
2022 | 2.5% | -35.1% | 16.7% | 75.47% |
2021 | -2.3% | -48.0% | 8.0% | 30.05% |
2020 | 5.7% | -14.8% | 15.2% | 17.94% |
2019 | N/A | -11.2% | 17.7% | N/A |
NAV & Total Return History
INCCX - Holdings
Concentration Analysis
INCCX | Category Low | Category High | INCCX % Rank | |
---|---|---|---|---|
Net Assets | 6.58 M | 100 | 145 B | 97.70% |
Number of Holdings | 13 | 3 | 7887 | 92.22% |
Net Assets in Top 10 | 1.5 M | -8.09 B | 8.87 B | 88.71% |
Weighting of Top 10 | 19.06% | 3.9% | 100.0% | 70.23% |
Top 10 Holdings
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
- James Alpha Bbh Sweep 11.21%
Asset Allocation
Weighting | Return Low | Return High | INCCX % Rank | |
---|---|---|---|---|
Cash | 80.33% | -154.89% | 282.50% | 2.51% |
Bonds | 19.86% | -170.28% | 217.61% | 96.74% |
Convertible Bonds | 0.68% | 0.00% | 129.09% | 64.12% |
Preferred Stocks | 0.26% | 0.00% | 32.82% | 40.28% |
Other | 0.14% | -39.52% | 107.15% | 23.21% |
Stocks | -1.28% | -54.77% | 187.24% | 99.37% |
Stock Sector Breakdown
Weighting | Return Low | Return High | INCCX % Rank | |
---|---|---|---|---|
Energy | 51.06% | 0.00% | 100.00% | 26.39% |
Real Estate | 20.48% | 0.00% | 100.00% | 12.81% |
Financial Services | 8.81% | 0.00% | 100.00% | 37.67% |
Communication Services | 7.77% | 0.00% | 100.00% | 30.59% |
Basic Materials | 5.90% | 0.00% | 47.08% | 15.49% |
Consumer Cyclical | 2.28% | 0.00% | 100.00% | 44.36% |
Utilities | 1.71% | 0.00% | 100.00% | 32.89% |
Technology | 1.22% | 0.00% | 49.62% | 33.84% |
Healthcare | 0.70% | 0.00% | 100.00% | 35.37% |
Industrials | 0.07% | 0.00% | 100.00% | 51.82% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 77.25% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | INCCX % Rank | |
---|---|---|---|---|
US | 0.38% | -50.06% | 187.24% | 34.00% |
Non US | -1.66% | -4.71% | 10.38% | 99.75% |
Bond Sector Breakdown
Weighting | Return Low | Return High | INCCX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 79.35% | 0.00% | 100.00% | 1.00% |
Corporate | 16.72% | 0.00% | 100.00% | 76.29% |
Securitized | 1.43% | 0.00% | 99.25% | 83.94% |
Derivative | 1.25% | 0.00% | 58.05% | 38.90% |
Government | 1.15% | 0.00% | 99.48% | 79.55% |
Municipal | 0.10% | 0.00% | 54.18% | 31.37% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | INCCX % Rank | |
---|---|---|---|---|
US | 14.55% | -170.60% | 209.58% | 92.85% |
Non US | 5.31% | 0.00% | 126.35% | 90.97% |
INCCX - Expenses
Operational Fees
INCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.51% | 0.02% | 5.53% | 2.00% |
Management Fee | 1.70% | 0.00% | 2.25% | 96.69% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 92.86% |
Administrative Fee | 0.15% | 0.01% | 0.85% | 72.48% |
Sales Fees
INCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.50% | 74.81% |
Trading Fees
INCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 2.00% | 70.00% |
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.
INCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 277.00% | 0.00% | 498.00% | 90.45% |
INCCX - Distributions
Dividend Yield Analysis
INCCX | Category Low | Category High | INCCX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.86% | 0.00% | 2.95% | 67.89% |
Dividend Distribution Analysis
INCCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
INCCX | Category Low | Category High | INCCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.71% | -1.31% | 11.44% | 66.80% |
Capital Gain Distribution Analysis
INCCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2019 | $0.023 | |
Feb 25, 2019 | $0.025 | |
Jan 28, 2019 | $0.027 | |
Dec 27, 2018 | $0.049 | |
Nov 27, 2018 | $0.015 | |
Oct 26, 2018 | $0.024 | |
Sep 25, 2018 | $0.025 | |
Aug 28, 2018 | $0.028 | |
Jul 26, 2018 | $0.027 | |
Jun 26, 2018 | $0.027 | |
May 25, 2018 | $0.036 | |
Apr 25, 2018 | $0.023 | |
Mar 26, 2018 | $0.029 | |
Feb 26, 2018 | $0.024 | |
Jan 26, 2018 | $0.020 | |
Dec 27, 2017 | $0.031 | |
Nov 27, 2017 | $0.033 | |
Oct 26, 2017 | $0.022 | |
Sep 26, 2017 | $0.016 | |
Aug 28, 2017 | $0.013 | |
Jul 26, 2017 | $0.020 | |
Jun 27, 2017 | $0.016 | |
May 25, 2017 | $0.026 | |
Apr 25, 2017 | $0.027 | |
Mar 28, 2017 | $0.032 | |
Feb 23, 2017 | $0.026 | |
Jan 26, 2017 | $0.027 | |
Dec 27, 2016 | $0.060 | |
Nov 25, 2016 | $0.034 | |
Oct 28, 2016 | $0.034 | |
Sep 28, 2016 | $0.024 | |
Aug 30, 2016 | $0.024 | |
Jul 27, 2016 | $0.024 |
INCCX - Fund Manager Analysis
Managers
Akos Beleznay
Start Date
Tenure
Tenure Rank
May 27, 2016
5.35
5.4%
Akos Beleznay serves as Chief Investment Officer of James Alpha Advisors, LLC and is responsible for managing research and asset allocation for the firm. Prior to joining James Alpha Advisors, LLC, Mr. Beleznay was the Chief Investment Officer at Riverside, the asset management arm of HFR (Hedge Fund Research, Inc.) managing over one billion dollars of fund of hedge fund products. Before Riverside, Mr. Beleznay served as the Chief Investment Officer at Commerce Asset Management and CSG Asset Management with responsibility for managing funds of hedge funds and a hedge fund index replication product. Mr. Beleznay also served as the Director of Consulting Research for Equitas Capital Advisors, LLC from 2002 to 2010 and the Chief Investment Officer of Equitas Evergreen Fund LP, a fund of hedge funds with $300 million in assets, from 2003 to 2010. Mr. Beleznay has a PhD degree in Physics from Eotvos Lorand University, Hungary and an MBA from Tulane University.
Salvatore Naro
Start Date
Tenure
Tenure Rank
Sep 28, 2017
4.01
4.0%
Sal Naro is Managing Member, Chief Executive Officer, and Chief Investment Officer of Coherence, which he founded in January 2012. Prior to Coherence Capital Partners, Sal was the vice chairman of Jefferson National Financial Corp and CEO of Jefferson National Asset Management from March thru December of 2011. From October 2008 to March 2011, Sal was an executive vice president and head of the acquisitions committee at Markit Group, a leading financial services technology firm. Prior to Markit, Sal was the co-ceo and president of Sailfish Capital Partners, LLC. Prior to Sailfish, Sal worked at UBS Investment Bank where he was a managing director and the global co-head of fixed income. He was also a member of the board of directors of UBS Investment Bank. Prior to joining UBS, he was a senior managing director and global head of credit trading at Bear Stearns from 1989 to 1998. While at UBS and Bear Stearns, he managed an investment team and traded a significant proprietary book. Sal also served on the global risk committees of both firms. He began his career on Wall Street in 1982 as a fixed income associate for Dreyfus. Sal is a 1983 graduate of C.W. Post College of Long Island University and currently sits on the board of trustees of Long Island University.
Michael Cannon
Start Date
Tenure
Tenure Rank
Sep 28, 2017
4.01
4.0%
Michael Cannon is Senior Portfolio Manager at Coherence, which he joined in January 2014. Prior to joining Coherence, Mr. Cannon was with UBS Investment Bank for 16 years, most recently as Managing Director and Co-Head of Investment Grade Credit Trading.
Vincent Mistretta
Start Date
Tenure
Tenure Rank
Sep 28, 2017
4.01
4.0%
Vincent Mistretta is the President and Co-Senior Portfolio Manager, Chairman of Offshore Board of Coherence, which he joined in January 2012. Prior to Coherence Capital Partners, Vincent was the Senior Portfolio Manager at Jefferson National Asset Management. Prior to Jefferson National, Vincent was a Founding Partner and Portfolio Manager at L Plus LLC, an asset management company. Prior to L Plus, Vincent worked at UBS Investment Bank where he was a Managing Director and Head of Global Credit Strategies (GCS), a multi-strategy proprietary investment business he founded in 2006. Prior to establishing GCS, Vincent was the Global COO for Credit Fixed Income from 2004 to 2005 and Head of U.S. credit derivatives trading from 2003 to 2004. During his time at UBS, Vincent was a member of the Board of Directors of ISDA (International Swaps Dealers Association 2005-2006) and Markit Group (2004-2005). Vincent also served on several management committees and was instrumental in recruiting new talent to UBS. Prior to joining UBS, Vincent held senior trading and portfolio management positions at SAC Capital Advisors (2001-2002), HSBC (2000-2001), DLJ(1998-2000) and Bear Stearns (1986-1998). Vincent is a 1986 graduate of Bucknell University where he earned a Bachelor of Arts Degree in Economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 27.77 | 5.49 | 2.75 |