Rational/ReSolve Adaptive Asset Allocation Fund (RDMIX)
The fund provides exposure to major global asset classes including equity indexes, fixed income indexes, interest rates, commodities and currencies. It will also hold a large portion of its assets in cash, money market mutual funds, U.S. Treasury Securities, and other cash equivalents, some or all of which will serve as margin or collateral for the fund's investments.
Fund Info
| ISIN | US6282557213 |
|---|---|
| CUSIP | 628255721 |
| Issuer | Rational Funds |
| Inception Date | Sep 29, 2016 |
| Category | Macro Trading |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Expense Ratio
RDMIX has a high expense ratio of 1.97%, indicating higher-than-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
The chart shows the growth of an initial investment of $10,000 in Rational/ReSolve Adaptive Asset Allocation 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
Rational/ReSolve Adaptive Asset Allocation Fund had a return of 10.53% year-to-date (YTD) and 2.18% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.53% | 18.13% |
| 1 month | 0.65% | 1.45% |
| 6 months | 4.35% | 8.81% |
| 1 year | 2.18% | 26.52% |
| 5 years (annualized) | 3.20% | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of RDMIX, 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 | 2.13% | 2.28% | 1.21% | 4.02% | -0.83% | 1.67% | -2.19% | -1.40% | 10.53% | ||||
| 2023 | -0.46% | -0.09% | -2.75% | 2.78% | -0.96% | -0.37% | 1.63% | 2.47% | 5.98% | -4.80% | 0.13% | -3.60% | -0.52% |
| 2022 | 0.44% | -0.39% | 6.91% | 4.36% | 0.36% | -3.03% | -0.32% | -3.78% | -4.52% | 1.90% | -3.00% | -1.41% | -3.06% |
| 2021 | 0.13% | -0.08% | 0.17% | 3.61% | 3.97% | -1.29% | 3.63% | 0.04% | -1.79% | 5.82% | -4.14% | 1.02% | 11.18% |
| 2020 | 7.08% | -5.08% | -6.72% | 1.11% | -1.14% | -1.16% | 1.75% | 0.27% | -2.87% | -0.82% | 4.12% | 4.98% | 0.65% |
| 2019 | 2.77% | -1.73% | 6.94% | -1.76% | 1.14% | 5.24% | 3.45% | 3.96% | 0.86% | -2.12% | 2.35% | -3.66% | 18.24% |
| 2018 | 7.92% | -5.14% | 0.77% | 0.58% | -3.32% | -1.38% | 1.00% | 3.29% | -1.19% | -9.90% | -0.95% | 1.47% | -7.65% |
| 2017 | 0.86% | 1.92% | -2.76% | -0.33% | -0.87% | -1.04% | -0.50% | 1.61% | -1.66% | 1.73% | 1.87% | 3.13% | 3.85% |
| 2016 | 0.00% | -0.40% | -1.24% | -1.06% | -2.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RDMIX is 3, indicating that it is in the bottom 3% 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 Rational/ReSolve Adaptive Asset Allocation Fund (RDMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Rational/ReSolve Adaptive Asset Allocation Fund granted a 9.62% dividend yield in the last twelve months. The annual payout for that period amounted to $2.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $2.10 | $2.10 | $0.09 | $3.72 | $0.11 | $3.67 | $0.22 | $0.02 |
Dividend yield | 9.62% | 10.63% | 0.39% | 16.40% | 0.47% | 15.46% | 0.94% | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Rational/ReSolve Adaptive Asset Allocation 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 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.10 | $2.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.72 | $3.72 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.67 | $3.67 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2017 | $0.02 | $0.02 |
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 Rational/ReSolve Adaptive Asset Allocation 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 Rational/ReSolve Adaptive Asset Allocation Fund was 21.92%, occurring on Jun 5, 2020. Recovery took 344 trading sessions.
The current Rational/ReSolve Adaptive Asset Allocation Fund drawdown is 6.35%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.92% | Feb 21, 2020 | 74 | Jun 5, 2020 | 344 | Oct 15, 2021 | 418 |
| -19.96% | May 17, 2022 | 215 | Mar 24, 2023 | — | — | — |
| -19.25% | Jan 29, 2018 | 209 | Nov 23, 2018 | 184 | Aug 20, 2019 | 393 |
| -7.69% | Mar 2, 2017 | 113 | Aug 10, 2017 | 99 | Jan 2, 2018 | 212 |
| -7.51% | Nov 16, 2021 | 24 | Dec 20, 2021 | 53 | Mar 8, 2022 | 77 |
Volatility
Volatility Chart
The current Rational/ReSolve Adaptive Asset Allocation Fund volatility is 2.30%, 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.