- ISIN
- US46144X4464
- CUSIP
- 66538R763
- Issuer
- ACM
- Inception Date
- Dec 30, 2018
- Category
- Nontraditional Bonds
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TINIX Performance Chart
ACM Tactical Income Fund (TINIX) is up 2.3% since the beginning of the year. TINIX is currently trading at $9 per share. Investors who bought $1,000 worth of TINIX shares 5 years ago would now be looking at an investment worth $1,016.
Loading charts...
Returns By Period
ACM Tactical Income Fund (TINIX) has returned 2.33% so far this year and 5.43% over the past 12 months.
ACM Tactical Income Fund
- 1D
- 0.11%
- 1M
- 0.66%
- YTD
- 2.33%
- 6M
- 2.27%
- 1Y
- 5.43%
- 3Y*
- 4.29%
- 5Y*
- 0.31%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
TINIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 14, 2019, TINIX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +2.7%, while the worst month was Mar 2020 at -3.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, TINIX closed higher 43% of trading days. The best single day was Apr 9, 2020 with a return of +0.8%, while the worst single day was Mar 18, 2020 at -1.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.74% | 0.72% | -1.23% | 1.44% | 0.55% | 0.11% | 2.33% | ||||||
| 2025 | 0.69% | 0.57% | -1.13% | -0.02% | 0.17% | 1.19% | 0.54% | 0.71% | 0.24% | 0.43% | 0.29% | -0.17% | 3.53% |
| 2024 | 0.57% | 0.29% | 1.00% | -1.18% | 0.95% | 0.27% | 1.14% | 0.39% | 1.06% | -1.15% | 1.96% | -1.05% | 4.28% |
| 2023 | 2.21% | -1.51% | -0.34% | 0.08% | -0.85% | 0.83% | 0.98% | -0.78% | -0.89% | -0.92% | 1.82% | 1.77% | 2.33% |
| 2022 | -1.91% | -0.72% | -0.22% | -1.55% | -0.33% | -1.08% | 1.37% | -1.82% | -1.58% | -0.09% | 0.82% | -0.77% | -7.66% |
| 2021 | -0.59% | -0.24% | 1.04% | 1.78% | -0.06% | 0.53% | -0.14% | 0.33% | -1.72% | 0.85% | -2.14% | 0.06% | -0.36% |
Benchmark Metrics
ACM Tactical Income Fund has an annualized alpha of 0.73%, beta of 0.10, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since January 15, 2019.
- This fund participated in 25.23% of S&P 500 Index downside but only 15.06% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.10 may look defensive, but with R2 of 0.30 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 0.30 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.73%
- Beta
- 0.10
- R²
- 0.30
- Upside Capture
- 15.06%
- Downside Capture
- 25.23%
Expense Ratio
TINIX has a high expense ratio of 1.58%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
TINIX 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 ACM Tactical Income Fund (TINIX) and compare them to S&P 500 Index.
| TINIX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.27 | 2.24 | +0.03 |
Sortino ratioReturn per unit of downside risk | 3.35 | 3.07 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.41 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.25 | 2.93 | +0.33 |
Martin ratioReturn relative to average drawdown | 12.35 | 13.52 | -1.17 |
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
ACM Tactical Income Fund provided a 3.46% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.24 | $0.43 | $0.50 | $0.24 | $0.39 | $0.31 | $0.40 |
Dividend yield | 3.46% | 2.68% | 4.90% | 5.72% | 2.63% | 3.83% | 2.98% | 3.94% |
Monthly Dividends
The table displays the monthly dividend distributions for ACM 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.00 | $0.11 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.24 |
| 2024 | $0.09 | $0.02 | $0.03 | $0.04 | $0.04 | $0.01 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 | $0.06 | $0.43 |
| 2023 | $0.01 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 | $0.04 | $0.09 | $0.50 |
| 2022 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.05 | $0.03 | $0.01 | $0.03 | $0.05 | $0.24 |
| 2021 | $0.02 | $0.02 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.06 | $0.04 | $0.04 | $0.02 | $0.39 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the ACM 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 ACM Tactical Income Fund was 11.79%, occurring on Oct 30, 2023. Recovery took 574 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 correction2023 | -11.79%Oct 2023 | 2y 2mo | 2y 3mo | 4y 6moAug 2021 - Feb 2026 |
COVID crash2020 | -6.10%Mar 2020 | 24d | 2mo 21d | 3mo 15dFeb 2020 - Jun 2020 |
2020 pullback2020 | -2.09%Oct 2020 | 1mo 27d | 20d | 2mo 17dSep 2020 - Nov 2020 |
2019 pullback2019 | -2.07%Nov 2019 | 1mo 29d | 1mo 27d | 3mo 26dSep 2019 - Jan 2020 |
2020 pullback2020 | -2.03%Jun 2020 | 2d | 1mo 6d | 1mo 8dJun 2020 - Jul 2020 |
Drawdown Indicators
| TINIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.79% | -56.78% | +44.99% |
Max Drawdown (1Y)Largest decline over 1 year | -1.75% | -9.10% | +7.35% |
Max Drawdown (3Y)Largest decline over 3 years | -2.60% | -18.90% | +16.30% |
Max Drawdown (5Y)Largest decline over 5 years | -11.79% | -25.43% | +13.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -10.72% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 1.97% | -1.51% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TINIX
Add ACM Tactical Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TINIX