AlphaCentric Premium Opportunity Fund (HMXIX)
Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in long and short futures and call and put options on futures on the S&P 500 Index; futures contracts on the Cboe Volatility Index; and cash and cash equivalents. It may also invest in securities that represent the return of a securities index; volatility exchange traded funds; and income securities of any maturity or credit quality, and investment companies that invest in such income securities (including affiliated and unaffiliated investment companies).
Fund Info
US62827P7419
62827P741
Sep 29, 2016
$2,500
Large-Cap
Expense Ratio
HMXIX has a high expense ratio of 1.99%, indicating above-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
AlphaCentric Premium Opportunity Fund (HMXIX) returned -4.86% year-to-date (YTD) and -0.86% over the past 12 months.
HMXIX
-4.86%
4.17%
-6.28%
-0.86%
4.09%
4.05%
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of HMXIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.03% | -1.71% | -5.09% | -3.97% | 4.09% | -4.86% | |||||||
| 2024 | 0.48% | 2.63% | 1.37% | -3.00% | 3.38% | 2.63% | 0.66% | -2.82% | 1.81% | -0.31% | 3.91% | -1.92% | 8.86% |
| 2023 | 3.76% | -1.26% | 1.32% | 1.30% | 0.68% | 2.87% | 2.02% | -0.57% | -3.37% | -1.94% | 5.77% | 2.37% | 13.36% |
| 2022 | -2.95% | -1.63% | 1.58% | -4.56% | 0.24% | -4.11% | 3.74% | -1.64% | -4.08% | 2.99% | 2.53% | -2.79% | -10.62% |
| 2021 | -0.23% | 0.86% | 1.39% | 1.75% | -0.07% | 0.67% | 0.93% | 1.07% | -1.86% | 2.08% | -0.40% | 1.43% | 7.82% |
| 2020 | 0.44% | -3.29% | 17.42% | 2.77% | 1.24% | 1.31% | 2.10% | 3.13% | -2.96% | -0.87% | 3.59% | 1.41% | 27.93% |
| 2019 | 3.80% | 1.91% | 1.39% | 1.53% | 0.00% | 1.41% | 1.28% | -1.27% | 1.28% | 1.32% | 1.50% | 1.33% | 16.54% |
| 2018 | 0.80% | -12.10% | -0.97% | 0.24% | 0.61% | 1.03% | 0.90% | 1.54% | 1.11% | 1.27% | 2.51% | -1.84% | -5.61% |
| 2017 | 0.33% | 0.60% | 0.60% | 0.32% | 0.43% | 0.59% | 0.53% | 0.53% | 0.00% | 0.53% | -0.16% | 0.88% | 5.29% |
| 2016 | 0.55% | 0.77% | 0.10% | 1.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HMXIX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AlphaCentric Premium Opportunity Fund (HMXIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
AlphaCentric Premium Opportunity Fund provided a 2.28% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.62 | $0.00 | $0.00 | $1.27 | $0.58 | $0.00 | $0.00 | $0.56 | $0.03 |
Dividend yield | 2.28% | 2.17% | 0.00% | 0.00% | 4.78% | 2.26% | 0.00% | 0.00% | 2.97% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for AlphaCentric Premium Opportunity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2023 | $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 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.27 | $1.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2019 | $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 |
| 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 | $0.56 | $0.56 |
| 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.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the AlphaCentric Premium Opportunity 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 AlphaCentric Premium Opportunity Fund was 15.80%, occurring on Apr 21, 2025. The portfolio has not yet recovered.
The current AlphaCentric Premium Opportunity Fund drawdown is 7.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.8% | Feb 20, 2025 | 42 | Apr 21, 2025 | — | — | — |
| -13.89% | Jan 29, 2018 | 44 | Apr 2, 2018 | 241 | Mar 18, 2019 | 285 |
| -13.61% | Jan 4, 2022 | 195 | Oct 12, 2022 | 294 | Dec 13, 2023 | 489 |
| -9.87% | Jul 17, 2024 | 14 | Aug 5, 2024 | 68 | Nov 8, 2024 | 82 |
| -7.66% | Mar 11, 2020 | 2 | Mar 12, 2020 | 1 | Mar 13, 2020 | 3 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...