AlphaCentric Symmetry Strategy Fund Class I (SYMIX)
Fund Info
| ISIN | US62827P3608 |
|---|---|
| Issuer | AlphaCentric Funds |
| Inception Date | Aug 8, 2019 |
| Category | Multistrategy |
| Min. Investment | $2,500 |
| Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
SYMIX has a high expense ratio of 1.69%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AlphaCentric Symmetry Strategy Fund Class I, 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
AlphaCentric Symmetry Strategy Fund Class I had a return of 9.10% year-to-date (YTD) and 5.55% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.10% | 18.13% |
| 1 month | 3.92% | 1.45% |
| 6 months | 4.35% | 8.81% |
| 1 year | 5.55% | 26.52% |
| 5 years (annualized) | 5.33% | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of SYMIX, 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 | 0.00% | 2.71% | 3.32% | -1.90% | -1.26% | -0.60% | 2.65% | 1.17% | 9.10% | ||||
| 2023 | 0.87% | -1.89% | -1.22% | 2.21% | -2.08% | 3.01% | 2.49% | -0.67% | 0.42% | -2.10% | -0.43% | 0.50% | 0.93% |
| 2022 | 0.08% | 1.17% | 5.20% | 2.43% | 1.38% | -5.29% | 1.28% | 2.36% | -2.46% | 5.13% | -2.18% | -2.62% | 6.09% |
| 2021 | 0.10% | 5.60% | 2.88% | 3.76% | 1.43% | -0.33% | -0.33% | 0.00% | 0.42% | 2.50% | -5.36% | 3.01% | 14.08% |
| 2020 | -1.46% | -3.42% | -6.79% | 4.51% | -2.26% | -1.00% | 0.20% | 0.51% | -1.91% | 0.10% | 4.51% | 5.05% | -2.60% |
| 2019 | 1.16% | -1.23% | -1.16% | 1.26% | 0.24% | 0.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SYMIX is 9, indicating that it is in the bottom 9% 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 AlphaCentric Symmetry Strategy Fund Class I (SYMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AlphaCentric Symmetry Strategy Fund Class I granted a 1.89% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $1.14 | $0.03 | $0.18 | $0.27 |
Dividend yield | 1.89% | 2.06% | 9.82% | 0.25% | 1.71% | 2.42% |
Monthly Dividends
The table displays the monthly dividend distributions for AlphaCentric Symmetry Strategy Fund Class I. 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 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 | $1.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2019 | $0.27 | $0.27 |
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 AlphaCentric Symmetry Strategy Fund Class I. 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 Symmetry Strategy Fund Class I was 17.44%, occurring on Mar 19, 2020. Recovery took 225 trading sessions.
The current AlphaCentric Symmetry Strategy Fund Class I drawdown is 0.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.44% | Jan 22, 2020 | 41 | Mar 19, 2020 | 225 | Feb 9, 2021 | 266 |
| -12.2% | Jun 8, 2022 | 195 | Mar 17, 2023 | 259 | Mar 28, 2024 | 454 |
| -6.67% | Oct 27, 2021 | 25 | Dec 1, 2021 | 64 | Mar 4, 2022 | 89 |
| -5.81% | May 11, 2021 | 48 | Jul 19, 2021 | 63 | Oct 15, 2021 | 111 |
| -5.52% | Apr 1, 2024 | 54 | Jun 14, 2024 | 46 | Aug 21, 2024 | 100 |
Volatility
Volatility Chart
The current AlphaCentric Symmetry Strategy Fund Class I volatility is 2.48%, 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.