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iMGP Alternative Strategies Fund (MASNX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US53700T8844

CUSIP

53700T884

Inception Date

Sep 29, 2011

Min. Investment

$1,000

Asset Class

Alternatives

Expense Ratio

MASNX has a high expense ratio of 1.61%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MASNX vs. TMSRX
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Performance

Performance Chart


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Returns By Period

iMGP Alternative Strategies Fund (MASNX) returned 1.49% year-to-date (YTD) and 4.86% over the past 12 months. Over the past 10 years, MASNX returned 2.24% annually, underperforming the S&P 500 benchmark at 10.45%.


MASNX

YTD

1.49%

1M

0.00%

6M

1.03%

1Y

4.86%

5Y*

3.16%

10Y*

2.24%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of MASNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.02%0.46%0.00%0.00%0.00%1.49%
20240.57%0.76%1.66%-0.75%1.23%0.94%0.93%0.56%1.21%-1.01%0.84%-0.54%6.54%
20231.95%-0.96%-0.41%0.49%-0.97%1.82%0.97%-0.19%-0.44%-1.08%2.28%2.12%5.62%
2022-1.70%-0.78%-0.70%-2.38%-0.27%-3.10%2.07%-0.65%-3.32%0.97%-0.00%-0.10%-9.64%
20210.58%1.48%0.29%1.30%0.48%-0.14%-0.40%0.41%-0.67%0.66%-1.38%-1.93%0.62%
20200.60%-0.76%-9.27%3.42%2.48%1.56%1.78%1.40%-0.33%0.17%3.39%2.11%6.06%
20192.61%0.70%0.53%1.48%-1.03%1.32%0.52%-0.17%0.18%0.34%0.60%0.88%8.23%
20180.94%-0.51%-0.71%-0.17%0.00%0.08%0.87%-0.00%0.09%-1.55%0.09%-1.44%-2.33%
20170.52%0.69%-0.13%0.43%0.60%0.07%0.69%0.43%0.24%0.34%-0.26%0.43%4.14%
2016-1.36%-0.46%2.30%1.28%0.72%-0.03%1.71%0.80%0.38%-0.26%0.97%0.49%6.67%
20150.44%1.56%-0.05%0.34%0.52%-1.23%-0.17%-1.48%-1.09%1.71%-0.27%-1.45%-1.23%
20140.26%0.96%0.12%0.26%1.04%0.80%-0.34%0.86%-0.94%0.09%0.60%-1.09%2.61%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 89, MASNX is among the top 11% of 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.


The Risk-Adjusted Performance Rank of MASNX is 8989
Overall Rank
The Sharpe Ratio Rank of MASNX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of MASNX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of MASNX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of MASNX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of MASNX is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iMGP Alternative Strategies Fund (MASNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

iMGP Alternative Strategies Fund Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: 1.59
  • 5-Year: 0.86
  • 10-Year: 0.56
  • All Time: 0.93

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of iMGP Alternative Strategies Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

iMGP Alternative Strategies Fund provided a 2.41% dividend yield over the last twelve months, with an annual payout of $0.26 per share.


2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.26$0.38$0.37$0.38$0.35$0.34$0.30$0.33$0.24$0.26$0.30$0.28

Dividend yield

2.41%3.52%3.49%3.69%3.00%2.84%2.54%2.99%2.06%2.30%2.75%2.44%

Monthly Dividends

The table displays the monthly dividend distributions for iMGP Alternative Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.13$0.00$0.00$0.01$0.38
2023$0.00$0.00$0.08$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.08$0.37
2022$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.15$0.38
2021$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.12$0.35
2020$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.09$0.34
2019$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.07$0.30
2018$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.16$0.33
2017$0.00$0.00$0.08$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.04$0.24
2016$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.04$0.00$0.00$0.04$0.26
2015$0.00$0.00$0.08$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.10$0.30
2014$0.06$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.11$0.28

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 iMGP Alternative Strategies 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 iMGP Alternative Strategies Fund was 14.31%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.

The current iMGP Alternative Strategies Fund drawdown is 0.63%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.31%Feb 21, 202022Mar 23, 2020159Nov 5, 2020181
-13.66%Sep 7, 2021270Sep 30, 2022500Sep 27, 2024770
-7.58%May 22, 2015183Feb 11, 2016124Aug 9, 2016307
-4.18%Jan 29, 2018229Dec 24, 201856Mar 18, 2019285
-2.43%May 22, 201323Jun 24, 2013101Nov 14, 2013124

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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