AXS Alternative Value Fund (COGLX)
The investment seeks long-term growth of capital. The fund seeks to achieve its investment objective by purchasing equity securities of U.S. companies that the Adviser believes are undervalued and likely to appreciate. It generally seeks to purchase common stocks of companies that are constituents of the S&P 500 Index. The fund may invest across different industries and sectors. The Adviser selects securities for purchase and sale using its proprietary ROTA/ROME investment selection and portfolio construction methodology. ROTA/ROME focuses on a company's Return on Total Assets and Return on Market Value of Equity.
Fund Info
| ISIN | US46141T2400 |
|---|---|
| CUSIP | 55379J303 |
| Issuer | Cognios Capital |
| Inception Date | Oct 3, 2016 |
| Category | Large Cap Value Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
COGLX has a high expense ratio of 1.57%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: COGLX vs. FTEC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AXS Alternative Value 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 21.88% |
| 1 month | N/A | 0.89% |
| 6 months | N/A | 15.85% |
| 1 year | N/A | 38.63% |
| 5 years (annualized) | N/A | 13.69% |
| 10 years (annualized) | N/A | 11.18% |
Monthly Returns
The table below presents the monthly returns of COGLX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.00% | 0.00% | |||||||||||
| 2022 | 0.00% | 0.00% | |||||||||||
| 2021 | 0.00% | 0.00% | |||||||||||
| 2020 | 0.00% | 0.00% | |||||||||||
| 2019 | 0.00% | 0.00% | |||||||||||
| 2018 | 0.00% | 0.00% | |||||||||||
| 2017 | -7.06% | -7.60% | 76.92% | 114.99% | 76.43% | 59.49% | 10.06% | 60.01% | -25.95% | 5.95% | 58.44% | 12.08% | 2,155.13% |
| 2016 | 19.04% | 19.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of COGLX is 2, indicating that it is in the bottom 2% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AXS Alternative Value Fund (COGLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
AXS Alternative Value Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $11.48 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $11.48 | $0.01 | $0.14 | $0.41 | $1.04 | $0.73 | $1.81 | $1.97 | $0.00 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.99% | 0.05% |
Monthly Dividends
The table displays the monthly dividend distributions for AXS Alternative Value 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 | $11.47 | $11.47 | |||||||||||
| 2023 | $0.01 | $0.01 | |||||||||||
| 2022 | $0.14 | $0.14 | |||||||||||
| 2021 | $0.41 | $0.41 | |||||||||||
| 2020 | $1.04 | $1.04 | |||||||||||
| 2019 | $0.73 | $0.73 | |||||||||||
| 2018 | $1.81 | $1.81 | |||||||||||
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.97 | $1.97 |
| 2016 | $0.00 | $0.00 |
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 AXS Alternative Value 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 AXS Alternative Value Fund was 99.93%, occurring on Dec 14, 2016. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.93% | Dec 14, 2016 | 1 | Dec 14, 2016 | — | — | — |
| -0.81% | Dec 12, 2016 | 1 | Dec 12, 2016 | 1 | Dec 13, 2016 | 2 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.