Nasdaq - Delayed Quote USD
Absolute CEF Opportunities Instl Shr (ACEFX)
5.85
-0.01
(-0.17%)
At close: 8:09:11 AM EDT
Top 8 Holdings (51.67% of Total Assets)
SymbolCompany% Assets
Sector Weightings
SectorACEFX
Healthcare 31.61%
Technology 15.74%
Financial Services 14.93%
Industrials 9.90%
Real Estate 6.58%
Utilities 5.72%
Consumer Cyclical 5.56%
Communication Services 3.62%
Consumer Defensive 2.74%
Energy 2.55%
Basic Materials 1.04%
Overall Portfolio Composition (%)
| Cash | 50.01% |
| Stocks | 9.41% |
| Bonds | 28.61% |
| Others | 8.11% |
| Preferred | 2.14% |
| Convertible | 1.72% |
Bond Ratings
| US Government | 1.10% |
| AAA | 4.20% |
| AA | 18.34% |
| A | 6.36% |
| BBB | 12.40% |
| BB | 20.29% |
| B | 24.17% |
| Below B | 7.21% |
| Other | 7.04% |
Equity Holdings
| Average | ACEFX | Category Average |
|---|---|---|
| Price/Earnings | 0.04 | 20.27 |
| Price/Book | 0.33 | 3 |
| Price/Sales | 0.35 | 1.54 |
| Price/Cashflow | 0.07 | 11.6 |
| Median Market Cap | 26,322.96 | 41,262.17 |
| 3 Year Earnings Growth | 8.25 | 15.38 |
Bond Holdings
| Average | ACEFX | Category Average |
|---|---|---|
| Maturity | 9.68 | -- |
| Duration | 6.24 | 1.41 |
| Credit Quality | -- | -- |
Performance & Risk
| YTD Return | -0.68% |
| 5y Average Return | -5.46% |
| Rank in Category (ytd) | 65 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | -0.27 |
| Morningstar Risk Rating |
Fund Overview
| Category | Multistrategy |
| Fund Family | Absolute Investment Advisers |
| Net Assets | 6.58M |
| YTD Return | -1.19% |
| Yield | 4.37% |
| Morningstar Rating | |
| Inception Date | Jul 27, 2005 |
Fund Summary
The fund’s investment adviser, has responsibility for allocating fund assets across strategies and investment styles that the adviser believes are complementary and, when combined, will produce long-term risk-adjusted returns. The adviser considers long-term risk-adjusted investment returns to be those that do not incur a permanent loss of capital over a full market cycle.
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