Axonic Alternative Income Fund A (AAIAX)
19.80
+0.01
(+0.05%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 4.16% | -- | -- | 62.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 10.42% |
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:
--
-950.20M
Peer Group Low
978.90M
Peer Group High
1 Year
% Rank:
--
-3.887B
Peer Group Low
4.603B
Peer Group High
3 Months
% Rank:
--
-450.05M
Peer Group Low
1.917B
Peer Group High
3 Years
% Rank:
--
-3.384B
Peer Group Low
22.57B
Peer Group High
6 Months
% Rank:
--
-889.93M
Peer Group Low
3.151B
Peer Group High
5 Years
% Rank:
--
-2.570B
Peer Group Low
24.72B
Peer Group High
YTD
% Rank:
--
-340.94M
Peer Group Low
2.697B
Peer Group High
10 Years
% Rank:
--
-11.16B
Peer Group Low
25.32B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 28, 2026.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 10.16% |
| Stock | 0.03% |
| Bond | 98.97% |
| Convertible | 0.00% |
| Preferred | 0.10% |
| Other | -9.26% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Government Obligations Fd X | 10.52% | 1.00 | 0.00% |
|
GSF 2023-1 INVESTOR LLC FRN 31-DEC-2049
|
10.21% | -- | -- |
| Dreyfus Government Cash Management Institutional | 9.36% | 1.00 | 0.00% |
|
RIVERTREE LANDING APARTMENTS LLC FRN 06-SEP-2028
|
4.21% | -- | -- |
|
GSF ISSUER LLC FRN 11-AUG-2030
|
3.90% | -- | -- |
|
27-MAR-2045
|
3.85% | -- | -- |
| MCR 2024-TWA Mortgage Trust MCRTWA 14.739 06/13/2039 FIX USD Corporate | 3.79% | -- | -- |
|
4-10 WEST 108TH OWNERS LLC FRN 09-NOV-2027
|
3.59% | -- | -- |
| JPMCC Multifamily Housing Mortgage Loan Trust 2025-Q032 JPMCMUL 09/25/2054 FLT USD Corporate 144A | 3.17% | -- | -- |
| FRESB 2025-SB119 Mortgage Trust FRESSBCG 7.5 01/25/2035 FIX USD Corporate 144A | 3.15% | -- | -- |
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 |
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 (2-27-26) | 10.20% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 68 |
| Bond | |
| Yield to Maturity (10-31-25) | 9.21% |
| Effective Duration | -- |
| Average Coupon | 6.81% |
| Calculated Average Quality | 5.138 |
| Effective Maturity | 12.13 |
| Nominal Maturity | 12.13 |
| Number of Bond Holdings | 63 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Launch Date | 11/2/2023 |
| Share Classes | |
| AAIDX | Inst |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |