361 Global Long/Short Equity Fund (AGAQX)
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. It may invest in equity securities of U.S. and foreign issuers of any market capitalization. Under normal market conditions, the fund will invest in at least three different countries, with at least 40% of its net assets invested in securities of issuers located outside the United States.
Fund Info
US46141Q8814
46141Q881
Dec 11, 2014
$1,000
Large-Cap
Value
Expense Ratio
AGAQX has a high expense ratio of 1.79%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 361 Global Long/Short Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
361 Global Long/Short Equity Fund had a return of 5.41% year-to-date (YTD) and 6.18% in the last 12 months. Over the past 10 years, 361 Global Long/Short Equity Fund had an annualized return of 2.49%, while the S&P 500 had an annualized return of 11.01%, indicating that 361 Global Long/Short Equity Fund did not perform as well as the benchmark.
AGAQX
5.41%
-4.73%
-2.19%
6.18%
2.11%
2.49%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of AGAQX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.57% | 2.49% | 4.27% | -2.73% | 3.06% | -1.60% | 0.98% | 2.02% | 1.34% | -1.95% | 0.32% | 5.41% | |
| 2023 | 0.35% | -3.83% | 1.09% | 0.63% | -3.56% | 3.69% | 0.71% | 0.09% | -1.50% | -0.72% | 3.61% | 2.49% | 2.76% |
| 2022 | -1.36% | -2.93% | 0.17% | -0.58% | 3.78% | -6.65% | -0.26% | -2.26% | -7.12% | 5.08% | 6.75% | -1.82% | -7.89% |
| 2021 | 1.36% | -0.90% | 4.06% | 3.82% | 3.76% | -3.71% | 1.17% | 0.66% | -3.37% | 2.55% | 0.25% | 3.14% | 13.16% |
| 2020 | -0.63% | -5.60% | -5.83% | 3.86% | 1.86% | 2.40% | 5.90% | 3.36% | -1.20% | -2.86% | -2.85% | 1.19% | -1.17% |
| 2019 | 4.27% | 1.30% | 1.01% | 0.82% | -1.62% | 2.38% | -0.00% | -1.52% | -0.18% | -0.00% | 0.64% | 4.03% | 11.50% |
| 2018 | 3.61% | -2.99% | -0.43% | 0.60% | 0.51% | -1.10% | 1.72% | 0.34% | -0.34% | -4.39% | -0.80% | -8.19% | -11.35% |
| 2017 | 2.41% | 2.44% | -0.44% | 0.09% | 1.59% | 0.79% | 1.38% | 2.39% | 0.92% | 0.33% | 1.23% | -5.31% | 7.84% |
| 2016 | -1.47% | -0.28% | 4.21% | -4.22% | 3.28% | -2.81% | 2.80% | -1.81% | 0.74% | -1.28% | 0.19% | 0.49% | -0.52% |
| 2015 | -0.99% | 0.70% | 0.50% | -2.17% | 2.73% | -0.20% | 6.40% | -2.04% | 0.85% | 2.34% | -0.18% | -0.09% | 7.82% |
| 2014 | 1.00% | 1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AGAQX is 40, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 361 Global Long/Short Equity Fund (AGAQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
361 Global Long/Short Equity Fund provided a 2.52% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.04 | $0.00 | $0.00 | $0.33 | $0.00 | $0.02 | $0.03 |
Dividend yield | 2.52% | 2.65% | 0.32% | 0.00% | 0.00% | 2.99% | 0.00% | 0.15% | 0.31% |
Monthly Dividends
The table displays the monthly dividend distributions for 361 Global Long/Short Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2016 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the 361 Global Long/Short Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 361 Global Long/Short Equity Fund was 25.56%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.
The current 361 Global Long/Short Equity Fund drawdown is 6.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.56% | Oct 24, 2017 | 606 | Mar 23, 2020 | 268 | Apr 15, 2021 | 874 |
| -16.96% | May 11, 2021 | 352 | Sep 30, 2022 | 362 | Mar 12, 2024 | 714 |
| -6.87% | Mar 31, 2016 | 62 | Jun 27, 2016 | 159 | Feb 13, 2017 | 221 |
| -6.35% | Dec 30, 2015 | 27 | Feb 8, 2016 | 27 | Mar 17, 2016 | 54 |
| -6.07% | Nov 8, 2024 | 28 | Dec 18, 2024 | — | — | — |
Volatility
Volatility Chart
The current 361 Global Long/Short Equity Fund volatility is 2.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.