TFA Tactical Income Fund (TFAZX)
The fund invests, under normal circumstances, at least 80% of its net assets in income-producing securities. These securities include both debt and equity securities. The fund normally invests at least 50% of its total assets in ETFs that invest in both domestic and foreign U.S. Dollar-denominated securities, including leveraged fixed-income ETFs.
Fund Info
| ISIN | US87357J3023 |
|---|---|
| Issuer | Tactical Fund Advisors |
| Inception Date | Jun 9, 2019 |
| Category | Nontraditional Bonds |
| Min. Investment | $250 |
| Asset Class | Bond |
Expense Ratio
TFAZX has a high expense ratio of 1.97%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: TFAZX vs. MWTIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TFA Tactical Income 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
TFA Tactical Income Fund had a return of 2.40% year-to-date (YTD) and 5.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.40% | 18.13% |
| 1 month | 1.67% | 1.45% |
| 6 months | 4.67% | 8.81% |
| 1 year | 5.38% | 26.52% |
| 5 years (annualized) | 0.44% | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of TFAZX, 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 | -1.08% | -1.46% | 0.99% | -1.59% | 1.24% | 0.74% | 1.46% | 0.60% | 2.40% | ||||
| 2023 | 4.07% | -3.36% | 0.12% | -0.46% | -2.32% | 0.36% | 0.71% | -1.88% | -1.92% | -0.49% | 1.97% | 3.28% | -0.21% |
| 2022 | -3.43% | -0.32% | -2.16% | -1.32% | -0.22% | -2.02% | 1.37% | -2.37% | -1.73% | 1.29% | 1.74% | -1.10% | -9.93% |
| 2021 | -0.09% | 0.38% | 0.97% | 2.96% | -0.09% | 1.11% | 0.73% | 0.46% | -2.54% | 2.98% | -0.36% | -0.68% | 5.85% |
| 2020 | 0.10% | -5.58% | -7.33% | 4.29% | 1.90% | -0.31% | 3.84% | 3.50% | -2.80% | -1.29% | 5.13% | 1.39% | 1.98% |
| 2019 | 0.20% | 0.80% | -0.10% | 0.59% | 0.49% | 1.08% | 1.40% | 4.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TFAZX is 13, indicating that it is in the bottom 13% 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 TFA Tactical Income Fund (TFAZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TFA Tactical Income Fund granted a 2.98% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.08 | $1.56 | $0.01 | $0.06 |
Dividend yield | 2.98% | 3.05% | 0.97% | 16.23% | 0.05% | 0.62% |
Monthly Dividends
The table displays the monthly dividend distributions for TFA Tactical Income 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 | $0.25 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.32 | $1.56 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2019 | $0.06 | $0.06 |
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 TFA Tactical Income 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 TFA Tactical Income Fund was 17.69%, occurring on Mar 23, 2020. Recovery took 186 trading sessions.
The current TFA Tactical Income Fund drawdown is 9.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.69% | Feb 20, 2020 | 23 | Mar 23, 2020 | 186 | Dec 15, 2020 | 209 |
| -16.73% | Nov 22, 2021 | 468 | Oct 3, 2023 | — | — | — |
| -5.07% | Feb 16, 2021 | 13 | Mar 4, 2021 | 30 | Apr 16, 2021 | 43 |
| -3.26% | Aug 17, 2021 | 34 | Oct 4, 2021 | 15 | Oct 25, 2021 | 49 |
| -3.14% | Apr 30, 2021 | 9 | May 12, 2021 | 16 | Jun 4, 2021 | 25 |
Volatility
Volatility Chart
The current TFA Tactical Income Fund volatility is 0.98%, 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.