TFALX: Tactical Conservative Allocation A

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TFALX Tactical Conservative Allocation A


Profile

TFALX - Profile

Vitals

  • YTD Return -11.9%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $33.2 M
  • Holdings in Top 10 57.7%

52 WEEK LOW AND HIGH

$9.13
$8.71
$10.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.30%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return -11.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.89%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Tactical Conservative Allocation Fund
  • Fund Family Name
    Tactical Fund Advisors
  • Inception Date
    Jun 10, 2019
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Halpern

Fund Description

The fund may invest in domestic and foreign equities, equity-related securities such as options on equity indices or index exchange traded funds, investment grade fixed income securities, ETFs that primarily invest in equities and/or fixed income securities and exchange traded notes linked to the VIX (market volatility) index. Foreign equity securities or ETFs that the fund may invest in may also include issuers from emerging market countries.


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Categories

Performance

TFALX - Performance

Return Ranking - Trailing

Period TFALX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.9% -64.3% 54.6% 46.33%
1 Yr N/A -70.0% 47.9% N/A
3 Yr N/A* -32.9% 16.9% N/A
5 Yr N/A* -32.8% 16.1% N/A
10 Yr N/A* -34.6% 10.4% N/A

* Annualized

Return Ranking - Calendar

Period TFALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -50.4% 46.8% N/A
2018 N/A -31.8% 19.0% N/A
2017 N/A -44.7% 46.3% N/A
2016 N/A -84.5% 146.1% N/A
2015 N/A -40.7% 14.6% N/A

Total Return Ranking - Trailing

Period TFALX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.9% -64.3% 54.6% 46.33%
1 Yr N/A -70.0% 47.9% N/A
3 Yr N/A* -32.9% 16.9% N/A
5 Yr N/A* -32.8% 16.1% N/A
10 Yr N/A* -34.6% 10.4% N/A

* Annualized

Total Return Ranking - Calendar

Period TFALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -50.4% 46.8% N/A
2018 N/A -27.4% 19.0% N/A
2017 N/A -44.7% 46.3% N/A
2016 N/A -84.5% 146.1% N/A
2015 N/A -36.9% 14.6% N/A

NAV & Total Return History


Holdings

TFALX - Holdings

Concentration Analysis

TFALX Category Low Category High TFALX % Rank
Net Assets 33.2 M 181 K 155 B 84.41%
Number of Holdings 105 2 13816 55.39%
Net Assets in Top 10 24.6 M -39.4 M 33.7 B 79.92%
Weighting of Top 10 57.68% 5.5% 100.0% 36.07%

Top 10 Holdings

  1. SPDR® S&P 500 ETF Trust 15.09%
  2. JPMorgan Diversified Return US Eq ETF 14.64%
  3. iShares 1-3 Year Treasury Bond ETF 9.12%
  4. JPMorgan US Aggregate Bond ETF 7.23%
  5. JPMorgan US Minimum Volatility ETF 2.57%
  6. iShares 20+ Year Treasury Bond ETF 2.41%
  7. iShares 7-10 Year Treasury Bond ETF 1.70%
  8. Invesco S&P 500® Low Volatility ETF 1.68%
  9. Invesco S&P 500® Pure Value ETF 1.63%
  10. iShares Edge MSCI Min Vol USA ETF 1.62%

Asset Allocation

Weighting Return Low Return High TFALX % Rank
Bonds
41.45% -4.03% 79.95% 49.26%
Stocks
40.33% -41.01% 78.13% 56.45%
Cash
17.68% -102.09% 78.43% 14.38%
Other
0.46% -41.44% 154.72% 32.35%
Convertible Bonds
0.08% -0.84% 52.57% 71.99%
Preferred Stocks
0.00% 0.00% 44.10% 75.79%

Stock Sector Breakdown

Weighting Return Low Return High TFALX % Rank
Financial Services
14.16% 0.00% 62.98% 75.76%
Technology
13.57% 0.00% 72.78% 60.54%
Healthcare
13.16% 0.00% 63.75% 55.11%
Consumer Cyclical
11.12% 0.00% 37.12% 18.37%
Consumer Defense
8.95% 0.00% 17.78% 19.89%
Industrials
8.86% 0.00% 99.44% 72.28%
Utilities
7.88% 0.00% 100.00% 11.09%
Communication Services
7.26% 0.00% 32.16% 59.67%
Energy
5.79% 0.00% 100.00% 33.70%
Basic Materials
4.72% 0.00% 19.70% 11.41%
Real Estate
4.52% -2.05% 100.00% 40.54%

Stock Geographic Breakdown

Weighting Return Low Return High TFALX % Rank
US
39.83% -41.02% 76.29% 45.14%
Non US
0.50% -1.50% 32.14% 86.89%

Bond Sector Breakdown

Weighting Return Low Return High TFALX % Rank
Corporate
35.34% 0.00% 100.00% 43.34%
Government
30.34% -0.45% 98.49% 35.31%
Cash & Equivalents
29.96% -3.87% 100.00% 15.12%
Securitized
4.29% 0.00% 67.23% 68.92%
Municipal
0.08% 0.00% 99.77% 44.29%
Derivative
0.00% -3.25% 55.67% 59.62%

Bond Geographic Breakdown

Weighting Return Low Return High TFALX % Rank
US
39.98% -5.28% 84.24% 45.14%
Non US
1.47% -12.68% 26.09% 75.69%

Expenses

TFALX - Expenses

Operational Fees

TFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.30% 0.02% 18.45% 8.94%
Management Fee 1.30% 0.00% 2.00% 95.77%
12b-1 Fee 0.20% 0.00% 1.00% 20.27%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

TFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TFALX 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.

TFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 574.00% N/A

Distributions

TFALX - Distributions

Dividend Yield Analysis

TFALX Category Low Category High TFALX % Rank
Dividend Yield 0.67% 0.00% 11.79% 2.96%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TFALX Category Low Category High TFALX % Rank
Net Income Ratio 0.89% -5.24% 6.65% 83.42%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TFALX - Fund Manager Analysis

Managers

Joseph Halpern


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.72

0.7%

Mr. Halpern has served as a portfolio manager of Catalyst since December 2016. He is also a founding partner Exceed Investments, LLC since 2013. From 2010 to founding Exceed Investments, LLC in 2013, Mr. Halpern was a director at Lamco, the asset management division of Lehman Brothers Holdings Inc. where he managed the exotic derivatives commodities book, was chief negotiator on a number of global bank settlements and was a lead member of a task force on structured products. From 2007 to 2010, Mr. Halpern was Director on the Equity Derivatives Trading desk of ING Financial Markets, a global financial institution. Prior to joining ING, Mr. Halpern was SVP of Strategy and Risk for Kellogg Capital Group’s derivatives division. From 2002 to 2006, Mr. Halpern was a partner at Halpern Capital, a boutique investment bank focusing on investment banking and trading services in addition to providing independent research to institutional clients. From 1996 to 2002, Mr. Halpern was at Letco Specialists, since acquired by TD Securities, where he began his career as a derivatives trader and became the youngest partner. Mr. Halpern has a BS from New York University, Stern School of Business.

Drew Horter


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.72

0.7%

Drew K. Horter is Chief Executive Officer and Chief Investment Strategist of Tactical Fund Advisors, LLC. Mr. Horter has been in financial services since 1982, and is a licensed insurance professional. He has extensive industry knowledge as an Investment Advisor Representative, and has previously held FINRA securities licenses that include the Series 6, 7, 22 and 63. In 1991 Drew founded Horter Investment Management, an SEC-registered investment advisory firm. Mr. Horter is a graduate of the University of Cincinnati with a degree in Economics.

Eric Leake


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.72

0.7%

Eric Leake is President and Chief Investment Officer to Anchor Capital. Mr. Leake is a level II Chartered Market Technician, member of the Market Technicians Association, American Association of Professional Technical Analysts (AAPTA), and a former board memeber to the National Association of Active Investment Managers. Mr. Leake is also a member of the Board of Trustees for the Cambria ETF Trust, a manager to several listed exchange traded funds. Mr. Leake attended Azusa Pacific University majoring in Communications and is an active surfer and coach to youth AYSO soccer and NJB basketball teams. Eric lives in Aliso Viejo, CA along with his wife and three children.

Matthew Tuttle


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.72

0.7%

Matthew Tuttle, portfolio manager, is a Certified Financial Planner® professional. He is the Chief Executive Officer and Chief Investment Officer of Tuttle Tactical Management, LLC. Matthew is a familiar face among the financial media. In addition to speaking at accounting and trade association meetings across the country, he is a frequent guest on Fox Business News, BusinessWeek TV and Channel 12 News, and has been interviewed on both CNBC and Fox News. Matthew has appeared numerous times on CNNfn, notably on the Your Money Show and Dolans Unscripted with Ken and Daria Dolan. He is the author of How Harvard & Yale Beat the Market (an Amazon best seller) and Financial Secrets of my Wealthy Grandparents. In addition to his books, Matthew has contributed timely articles to a variety of financial publications, including the CPA Journal, Pennsylvania CPA Journal, TAXPRO Journal, Accounting Crossing, the Fairfield County Business Journal, the Stamford Senior Flyer, and over 25 other publications nationwide. He also is a frequent contributor to Forbes.com, the Wall Street Journal, CNBC.com, SmartMoney, and Dow Jones Newswires. He has been quoted in Kiplinger's Personal Finance, Money Magazine, USA Today, the Star Ledger, Bankrate.com, the Christian Science Monitor, and the Journal of Financial Planning. In addition, Matthew has been profiled in the New York Times, Stamford Advocate and Greenwich Time. An experienced educator, Matthew teaches personal finance to consumers as an adjunct professor at Norwalk Community Technical College. He instructs through the Continuing Education centers of the Westport, Stamford, Darien, Greenwich, and Katonah districts, and the 92nd Street YMCA. He has also provided continuing education instruction to CPAs at Baruch College, the CPA / LAW Forum and through the CPA Report. Mr. Tuttle received his BA in Economics from Clark University and a MBA in Finance from Boston University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 39.19 6.77 0.16