Axonic Alternative Income Fund A (AAIAX)
19.61
-0.01
(-0.05%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 4.18% | 435.02M | -- | 62.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 8.24% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund invests primarily in income-producing instruments which may consist of: residential and commercial mortgage-backed securities; other asset-backed securities and structured credit instruments; whole loans and participations in whole loans; and other income-producing investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | AXONIC |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-107.75M
Peer Group Low
1.126B
Peer Group High
1 Year
% Rank:
--
-1.779B
Peer Group Low
7.792B
Peer Group High
3 Months
% Rank:
--
-533.58M
Peer Group Low
2.563B
Peer Group High
3 Years
% Rank:
--
-2.696B
Peer Group Low
23.63B
Peer Group High
6 Months
% Rank:
--
-626.25M
Peer Group Low
4.640B
Peer Group High
5 Years
% Rank:
--
-5.052B
Peer Group Low
27.05B
Peer Group High
YTD
% Rank:
--
-1.194B
Peer Group Low
5.919B
Peer Group High
10 Years
% Rank:
--
-10.63B
Peer Group Low
3.119B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 9.80% |
| Stock | 0.02% |
| Bond | 110.0% |
| Convertible | 0.00% |
| Preferred | 0.08% |
| Other | -19.85% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligations Fd X | 15.83% | 1.00 | 0.00% |
|
GSF 2023-1 Investor LLC FRN 31-Dec-2049
|
7.69% | -- | -- |
| BNY Dreyfus Government Cash Management Instl | 7.06% | 1.00 | 0.00% |
|
Chestnut Woods and Chestnut Crossing FRN 01-Aug-2031
|
6.35% | -- | -- |
|
Arlo Midtown FRN 06-Apr-2030
|
5.42% | -- | -- |
| SCMS 2025-BNC1 Mortgage Trust SCMSBNC 12/17/2057 FLT USD Corporate 144A | 5.06% | -- | -- |
|
GSF 2025 AXMF1 EFX LLC FRN 11-Aug-2030
|
4.71% | -- | -- |
|
GSF 2025-5 Portfolio Holding LLC FRN 11-Aug-2030
|
4.01% | -- | -- |
|
Westwood Townhomes FRN 01-Aug-2031
|
3.01% | -- | -- |
| MCR 2024-TWA Mortgage Trust MCRTWA 14.739 06/13/2039 FIX USD Corporate | 2.87% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.75% |
| Actual Management Fee | 1.25% |
| Administration Fee | -- |
| Maximum Front Load | 2.50% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund invests primarily in income-producing instruments which may consist of: residential and commercial mortgage-backed securities; other asset-backed securities and structured credit instruments; whole loans and participations in whole loans; and other income-producing investments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | AXONIC |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 10.14% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 78 |
| Bond | |
| Yield to Maturity (7-31-26) | 9.48% |
| Effective Duration | -- |
| Average Coupon | 6.83% |
| Calculated Average Quality | 5.360 |
| Effective Maturity | 11.68 |
| Nominal Maturity | 11.68 |
| Number of Bond Holdings | 72 |
As of July 31, 2026
Fund Details
| Key Dates | |
| Launch Date | 11/2/2023 |
| Last Annual Report Date | 10/31/2025 |
| Last Prospectus Date | 2/28/2026 |
| Share Classes | |
| AAIDX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |