- ISIN
- US62827P3376
- CUSIP
- 62827P337
- Issuer
- AlphaCentric Funds
- Inception Date
- Nov 28, 2019
- Category
- Health & Biotech Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
LYFIX Performance Chart
AlphaCentric LifeSci Healthcare Fund (LYFIX) is up 2.6% since the beginning of the year. LYFIX is currently trading at $16 per share. Investors who bought $1,000 worth of LYFIX shares 5 years ago would now be looking at an investment worth $1,323.
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Returns By Period
AlphaCentric LifeSci Healthcare Fund (LYFIX) has returned 2.58% so far this year and 37.64% over the past 12 months.
AlphaCentric LifeSci Healthcare Fund
- 1D
- -1.87%
- 1M
- 3.29%
- YTD
- 2.58%
- 6M
- 4.59%
- 1Y
- 37.64%
- 3Y*
- 8.02%
- 5Y*
- 5.76%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
LYFIX Monthly Returns History
Based on dividend-adjusted daily data since Nov 29, 2019, LYFIX's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, an investment would double in approximately 5.2 years.
Historically, 57% of months were positive and 43% were negative. The best month was Jan 2023 with a return of +17.8%, while the worst month was Apr 2022 at -13.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, LYFIX closed higher 51% of trading days. The best single day was Sep 18, 2020 with a return of +6.1%, while the worst single day was May 9, 2022 at -6.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.01% | 2.37% | -3.59% | 0.32% | 4.53% | -1.87% | 2.58% | ||||||
| 2025 | 5.78% | 0.07% | -2.69% | -3.38% | -4.22% | 2.08% | -1.55% | 6.62% | 5.66% | 10.94% | 8.41% | -1.21% | 28.22% |
| 2024 | -4.02% | 3.30% | 0.08% | -8.42% | 2.89% | 1.16% | 9.89% | 6.18% | -3.01% | 0.22% | -0.29% | -6.76% | -0.27% |
| 2023 | 17.84% | -4.11% | -5.36% | 2.94% | -1.47% | 1.56% | 6.15% | -4.35% | -7.43% | -10.76% | 4.37% | 11.13% | 7.19% |
| 2022 | -3.14% | -0.16% | 6.25% | -13.79% | -4.58% | 7.16% | 6.34% | -0.40% | -7.82% | 4.94% | 5.36% | 1.33% | -0.92% |
| 2021 | 3.00% | 3.23% | -4.24% | 1.73% | -1.20% | 3.19% | -9.71% | 9.18% | -2.45% | -1.86% | -7.54% | 4.79% | -3.42% |
Benchmark Metrics
AlphaCentric LifeSci Healthcare Fund has an annualized alpha of 3.80%, beta of 0.69, and R2 of 0.37 versus S&P 500 Index. Calculated based on daily prices since December 02, 2019.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (68.24%) than losses (68.17%) - typical of diversified or defensive assets.
- Beta of 0.69 may look defensive, but with R2 of 0.37 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.37 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.80%
- Beta
- 0.69
- R²
- 0.37
- Upside Capture
- 68.24%
- Downside Capture
- 68.17%
Expense Ratio
LYFIX has a high expense ratio of 1.40%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LYFIX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AlphaCentric LifeSci Healthcare Fund (LYFIX) and compare them to S&P 500 Index.
| LYFIX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.15 | 2.39 | -0.24 |
Sortino ratioReturn per unit of downside risk | 3.02 | 3.25 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.43 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 4.49 | 3.11 | +1.38 |
Martin ratioReturn relative to average drawdown | 16.55 | 14.38 | +2.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
AlphaCentric LifeSci Healthcare Fund provided a 1.74% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.28 | $0.34 | $0.55 | $1.68 | $0.35 |
Dividend yield | 1.74% | 1.78% | 2.24% | 2.63% | 4.43% | 12.88% | 2.30% |
Monthly Dividends
The table displays the monthly dividend distributions for AlphaCentric LifeSci Healthcare 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.68 | $1.68 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the AlphaCentric LifeSci Healthcare 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 LifeSci Healthcare Fund was 35.33%, occurring on May 11, 2022. Recovery took 183 trading sessions.
The current AlphaCentric LifeSci Healthcare Fund drawdown is 1.92%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -35.33%May 2022 | 1y 3mo | 8mo 27d | 1y 11moFeb 2021 - Feb 2023 |
2023 bear market2023 | -26.41%Oct 2023 | 8mo 26d | 1y 11mo | 2y 8moFeb 2023 - Oct 2025 |
COVID crash2020 | -21.22%Mar 2020 | 1mo 29d | 1mo 26d | 3mo 25dJan 2020 - May 2020 |
2026 pullback2026 | -8.49%Mar 2026 | 1mo | 18d | 1mo 18dFeb 2026 - Apr 2026 |
2020 pullback2020 | -6.49%Sep 2020 | 3d | 11d | 14dSep 2020 - Oct 2020 |
Drawdown Indicators
| LYFIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.33% | -56.78% | +21.45% |
Max Drawdown (1Y)Largest decline over 1 year | -8.49% | -9.10% | +0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -24.22% | -18.90% | -5.32% |
Max Drawdown (5Y)Largest decline over 5 years | -32.45% | -25.43% | -7.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.92% | 0.00% | -1.92% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -10.72% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 1.97% | +0.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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