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Trending ETFs

Name

As of 04/12/2024

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

Quantified STF Fund

QSTFX | Fund

$16.04

$178 M

0.93%

$0.15

1.66%

Vitals

YTD Return

11.0%

1 yr return

61.4%

3 Yr Avg Return

5.2%

5 Yr Avg Return

19.0%

Net Assets

$178 M

Holdings in Top 10

75.9%

52 WEEK LOW AND HIGH

$16.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.66%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 238.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

$10,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/12/2024

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

Quantified STF Fund

QSTFX | Fund

$16.04

$178 M

0.93%

$0.15

1.66%

QSTFX - Profile

Distributions

  • YTD Total Return 11.0%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 19.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.16%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Quantified STF Fund
  • Fund Family Name
    Quantified Funds
  • Inception Date
    Nov 13, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jerry Wagner

Fund Description

The Fund’s investment adviser, Advisors Preferred, LLC (the “Adviser”), delegates execution of the Fund’s investment strategy to the Subadviser, Flexible Plan Investments, Ltd. (“FPI” or the “Subadviser”). The Subadviser selects investments for the Fund and provides trade placement for fixed income instruments, including cash equivalents. The Adviser provides trade placement for non-fixed income instruments. The Fund is aggressively managed by the Subadviser, which typically results in high portfolio turnover. FPI seeks to achieve the Fund’s investment objective primarily by using the Subadviser’s proprietary Self-Adjusting Trend Following Strategy (“STF Strategy”). The STF Strategy assesses market risk and classifies it into four levels and allocates assets accordingly between equity-related and fixed income-related asset classes.

Self-Adjusting Trend Following Strategy

The STF Strategy is used to allocate Fund assets between long and short equity-related and long fixed income-related investments. This strategy monitors the price trends of the NASDAQ 100 Index to assess market conditions. The proprietary price-based rules can involve index prices at daily market close, and moving average values of daily close prices, including but not limited to 3-day, 5-day, 10-day, 50-day and 200-day moving averages, as well as day-to-day changes of one or more of these moving averages, and the slope of the moving averages. The STF Strategy follows easily identifiable market trends, with a proprietary rule set that seeks to take advantage of both up and down market trends. Since the market risk exposure of the STF Strategy is solely based on the price action of the NASDAQ 100 Index, the STF Strategy aims to out-perform the NASDAQ 100 Index over the long term with less downside risk. The NASDAQ 100 Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The STF Strategy adjusts overall Fund market risk exposure relative to the NASDAQ 100 Index at four discrete levels, defined by proprietary market trend measures, and according to a NASDAQ 100 Index price-based proprietary rule set:

1. When the rule set indicates no obvious market trend, as defined by the Subadviser’s proprietary indicators, the strategy dictates near-zero exposure to equity market risk (a “Flat” position), and the two income allocations described below account for nearly all of the allocation of Fund assets.
2. When the rule set indicates a regular up trend, as defined by the Subadviser’s proprietary indicators, the strategy dictates 100% exposure to the NASDAQ 100 Index (a “1x Long” position), through investments in Exchange Traded Funds (“ETFs”), and Exchange Traded Notes (“ETNs”), futures or swaps contracts. Each of these can be used as substitutes for the NASDAQ 100 Index. The Fund should realize approximately 100% of the NASDAQ 100 Index return, before expenses of the Fund and expenses of the investments used to execute the 1x Long position. To the extent leverage is utilized through leveraged ETFs, futures or swaps, the Fund may have investible funds to include in the two income allocations.
3. When the rule set indicates a strong up trend, as defined by the Subadviser’s proprietary indicators, the strategy dictates a 200% exposure to the NASDAQ 100 Index (a “2x Long” position), through investment in ETFs, ETNs, futures or swaps contracts. Each of these can be used as substitutes for the NASDAQ 100 Index. The Fund should realize approximately 200% of the NASDAQ 100 Index return, before expenses of the Fund and expenses of the investments used to execute the 2x Long position. To the extent leverage is utilized through leveraged ETFs, futures or swaps, the Fund may have investible funds to include in the two income allocations.
4. When the rule set indicates a down market trend, as defined by the Subadviser’s proprietary indicators, the strategy dictates an inverse or short 100% exposure to the NASDAQ 100 index (a “1x Short” position), through investments in inverse or leveraged inverse ETFs or ETNs , futures or swaps. Each of these can be used as substitutes for an inverse NASDAQ 100 Index position. The Fund should realize an approximate negative 100% of the NASDAQ 100 Index’s return, before expenses of the Fund and expenses of the investments used to execute the 1x Short position. To the extent leverage is utilized through ETFs, futures or swaps, the Fund may have investible funds to include in the two income allocations.

Short to Medium-Term Fixed Income Allocation

The Fund will invest directly in short to medium-term fixed income securities. The portion of the Fund invested in short- to medium-term fixed income securities will be greatest when the STF Strategy finds no obvious market trend (risk level 1 above). The Subadviser’s security selection decisions are driven by liquidity, rating and time to maturity. This portion of the Fund’s portfolio is constructed in order to mitigate interest rate and credit risk while optimizing income and will involve investment in the following securities: cash, cash equivalents, and upper medium investment grade to prime investment grade short-term debt securities and money market instruments.

Fixed Income/Equity Income Allocation

The Fund will also invest in income-producing securities. The portion of the Fund invested in income-producing securities will be greatest when the STF Strategy finds no obvious market trend (risk level 1 above). The Fund does so indirectly through ETFs, other closed-end and open-end investment companies that themselves primarily invest in income-producing securities. The underlying income-producing securities to which the Fund seeks to gain exposure are primarily: U.S. government securities, corporate debt obligations, foreign debt securities (including emerging markets, which the Fund defines, generally, as those with per capita income less than half that of the U.S.), and bonds in the lowest credit rating category, also called “junk bonds,” convertible bonds, preferred stocks, common stocks, master limited partnerships (“MLPs”), and real estate investment trusts (“REITs”).

The Fund invests without restriction as to issuer capitalization, country, credit quality or the maturity of a security. The Adviser selects swap counterparties that it believes are creditworthy based on credit rating and financial strength. In addition, the Subadviser uses the Fund as an asset allocation tool for its other clients, which may lead to purchases and redemptions of Fund shares. Responding to purchase and redemption-related fluctuations in the Fund’s size will result in portfolio turnover not directly related to the preceding investment strategy analysis.

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QSTFX - Performance

Return Ranking - Trailing

Period QSTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -3.4% 15.5% 1.77%
1 Yr 61.4% -6.9% 61.4% 0.44%
3 Yr 5.2%* -23.5% 8.7% 3.57%
5 Yr 19.0%* -11.7% 19.2% 0.48%
10 Yr N/A* -4.5% 9.8% N/A

* Annualized

Return Ranking - Calendar

Period QSTFX Return Category Return Low Category Return High Rank in Category (%)
2023 60.2% -18.9% 60.2% 0.44%
2022 -46.1% -48.5% 0.1% 99.12%
2021 6.1% -19.0% 48.3% 30.97%
2020 46.7% -16.5% 52.8% 1.40%
2019 15.8% -8.5% 27.3% 14.29%

Total Return Ranking - Trailing

Period QSTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -3.4% 15.5% 1.77%
1 Yr 61.4% -6.9% 61.4% 0.44%
3 Yr 5.2%* -23.5% 8.7% 3.57%
5 Yr 19.0%* -11.7% 19.2% 0.48%
10 Yr N/A* -4.5% 9.8% N/A

* Annualized

Total Return Ranking - Calendar

Period QSTFX Return Category Return Low Category Return High Rank in Category (%)
2023 61.8% -11.7% 61.8% 0.44%
2022 -46.1% -48.5% 4.6% 99.12%
2021 29.0% -14.2% 48.3% 2.65%
2020 77.4% -11.7% 77.4% 0.47%
2019 16.4% -3.9% 30.2% 29.52%

NAV & Total Return History


QSTFX - Holdings

Concentration Analysis

QSTFX Category Low Category High QSTFX % Rank
Net Assets 178 M 1.98 M 13.3 B 54.15%
Number of Holdings 45 2 1954 52.40%
Net Assets in Top 10 135 M 1.26 M 10.4 B 45.41%
Weighting of Top 10 75.86% 0.4% 149.2% 48.91%

Top 10 Holdings

  1. FRST AM-GV OB-Z 24.89%
  2. FID-MM GOVT-I 24.89%
  3. STONECASTLE 14.76%
  4. NASDAQ 100 E-MINI Mar24 6.26%
  5. FNMA 5 1/4 02/17/26 1.13%
  6. FHLMC 5 5/8 03/13/26 1.12%
  7. FHLB 5.3 08/15/25 1.12%
  8. BELCRU 5.15 02/24/25 0.56%
  9. KRNFCU 5.1 02/10/25 0.56%
  10. LGVFCU 4.9 02/12/24 0.56%

Asset Allocation

Weighting Return Low Return High QSTFX % Rank
Cash
78.41% -33.22% 99.05% 1.75%
Bonds
15.24% 0.00% 106.59% 33.19%
Other
6.26% -29.71% 128.17% 3.49%
Convertible Bonds
1.18% 0.00% 8.92% 15.72%
Stocks
0.08% 0.00% 137.56% 95.20%
Preferred Stocks
0.00% 0.00% 5.36% 88.65%

Stock Sector Breakdown

Weighting Return Low Return High QSTFX % Rank
Utilities
0.00% 0.00% 91.12% 79.59%
Technology
0.00% 0.00% 85.77% 2.04%
Real Estate
0.00% 0.00% 99.45% 95.10%
Industrials
0.00% 0.00% 23.85% 86.94%
Healthcare
0.00% 0.00% 38.63% 86.53%
Financial Services
0.00% 0.00% 98.22% 92.24%
Energy
0.00% 0.00% 60.89% 97.14%
Communication Services
0.00% 0.00% 21.61% 5.31%
Consumer Defense
0.00% 0.00% 37.51% 65.71%
Consumer Cyclical
0.00% 0.00% 25.83% 9.39%
Basic Materials
0.00% 0.00% 56.73% 98.37%

Stock Geographic Breakdown

Weighting Return Low Return High QSTFX % Rank
US
0.08% 0.00% 137.56% 95.20%
Non US
0.00% -1.94% 41.50% 86.03%

Bond Sector Breakdown

Weighting Return Low Return High QSTFX % Rank
Cash & Equivalents
72.84% 0.00% 72.84% 0.87%
Corporate
28.25% 0.00% 98.28% 19.65%
Derivative
6.26% -14.68% 128.17% 3.06%
Government
1.44% 0.00% 99.78% 77.73%
Securitized
0.44% 0.00% 52.99% 42.36%
Municipal
0.00% 0.00% 19.13% 90.39%

Bond Geographic Breakdown

Weighting Return Low Return High QSTFX % Rank
US
15.24% 0.00% 92.67% 31.88%
Non US
0.00% 0.00% 27.25% 87.34%

QSTFX - Expenses

Operational Fees

QSTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.66% 0.49% 5.81% 54.15%
Management Fee 1.00% 0.00% 1.50% 83.41%
12b-1 Fee 0.25% 0.00% 1.00% 60.93%
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

QSTFX 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% 1.00% N/A

Trading Fees

QSTFX 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.

QSTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 238.00% 1.75% 441.00% 91.40%

QSTFX - Distributions

Dividend Yield Analysis

QSTFX Category Low Category High QSTFX % Rank
Dividend Yield 0.93% 0.00% 25.08% 66.38%

Dividend Distribution Analysis

QSTFX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Annual Annual

Net Income Ratio Analysis

QSTFX Category Low Category High QSTFX % Rank
Net Income Ratio -1.16% -2.01% 13.72% 91.27%

Capital Gain Distribution Analysis

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

Distributions History

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QSTFX - Fund Manager Analysis

Managers

Jerry Wagner


Start Date

Tenure

Tenure Rank

Nov 13, 2015

6.55

6.6%

Jerry C. Wagner, JD is President and Chief Investment Officer of Flexible Plan Investments, Ltd. Mr. Wagner was born on May 7, 1947. He holds the degree of Juris Doctor awarded by the University of Michigan in 1973 and degrees of Masters in Labor & Industrial Relations (1970) and Bachelor of Arts (1969) from Michigan State University. Mr. Wagner has been a member of the State Bar of Michigan since 1973. He has been the principal investment adviser representative for Flexible Plan Investments, Ltd. since 1981. Mr. Wagner has a Series 65. His business experience for the last 5 years is as follows: Flexible Plan Investments, Ltd. Investment Adviser

Jason Teed


Start Date

Tenure

Tenure Rank

Mar 12, 2018

4.22

4.2%

Jason Teed, CFA, MFS, Director of Research and Senior Portfolio Manager. Mr Teed was born May 21, 1984. He holds a Masters in Finance degree from the Walsh College, and a Bachelor of Arts degree from the University of Michigan. Mr. Teed joined Flexible Plan Investments, Ltd. as an Investment Associate in February 2011. He holds the designation of Chartered Financial Analyst (CFA) Flexible Plan Investments, Ltd. Investment Adviser Director of Research

Timothy Hanna


Start Date

Tenure

Tenure Rank

Oct 31, 2019

2.58

2.6%

Timothy Hanna, has served as the Subadviser’s Senior Portfolio Manager since January 2014. Before joining the Subadviser, he was an institutional fixed-income manager at Multi-Bank Securities and previously a derivatives trader. Mr. Hanna is responsible for performing applied economic and quantitative research for the Subadviser’s strategies and mutual funds. He reviews new and existing strategies, ensuring that algorithms perform within expectations, providing modifications to achieve best execution and efficient implementation. Mr. Hanna has a bachelor’s degree in accounting from Wayne State University and a master’s degree in finance from Walsh College. He holds the designations of Chartered Financial Analyst (CFA) and Certified Fixed-Income Practitioner (CFIP).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.83 6.59 13.0