Absolute CEF Opportunities Institutional (ACEFX)
6.14
+0.01
(+0.16%)
USD |
Jul 25 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.03% | 7.470M | -- | 15.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.096M | 2.02% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation with an emphasis on absolute (positive) returns and low sensitivity to traditional financial market indices such as the S&P 500 Index. Under normal circumstances, at least 80% of its net assets will be investments in publicly traded closed-end funds (CEFs). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Absolute Return USD Medium |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Absolute Investment Advisers |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
36
-35.33M
Peer Group Low
39.69M
Peer Group High
1 Year
% Rank:
42
1.096M
-257.90M
Peer Group Low
404.08M
Peer Group High
3 Months
% Rank:
35
-161.61M
Peer Group Low
137.73M
Peer Group High
3 Years
% Rank:
57
-2.890B
Peer Group Low
372.28M
Peer Group High
6 Months
% Rank:
47
-114.59M
Peer Group Low
219.31M
Peer Group High
5 Years
% Rank:
59
-2.486B
Peer Group Low
749.37M
Peer Group High
YTD
% Rank:
47
-114.59M
Peer Group Low
219.31M
Peer Group High
10 Years
% Rank:
93
-7.323B
Peer Group Low
2.287B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of July 27, 2025.
Asset Allocation
As of May 31, 2025.
| Type | % Net |
|---|---|
| Cash | 35.28% |
| Stock | 29.29% |
| Bond | 32.95% |
| Convertible | 0.00% |
| Preferred | 1.21% |
| Other | 1.26% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
33.26% | -- | -- |
| BlackRock Technology and Private Equity Term Trust | 11.22% | 7.32 | 0.14% |
| First American Treasury Obligations Fund X | 10.61% | 1.00 | 0.00% |
| Cornerstone Total Return Fund Inc | 7.86% | 7.89 | -0.13% |
| Cornerstone Strategic Value Fund Inc | 7.71% | 8.15 | -0.49% |
| Nuveen Credit Strategies Income Fund | 4.69% | 5.51 | 0.55% |
| abrdn Income Credit Strategies Fund | 4.56% | 5.95 | 1.19% |
| Virtus Total Return Fund Inc | 4.51% | 6.21 | -0.16% |
| Saba Capital Income & Opportunities Fund | 4.50% | 8.44 | 0.00% |
| Advent Convertible & Income Fund | 4.49% | 12.27 | 0.16% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.66% |
| Administration Fee | 18.68K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation with an emphasis on absolute (positive) returns and low sensitivity to traditional financial market indices such as the S&P 500 Index. Under normal circumstances, at least 80% of its net assets will be investments in publicly traded closed-end funds (CEFs). |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Absolute Return USD Medium |
| Peer Group | Absolute Return Funds |
| Global Macro | Absolute Return |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Absolute Return Funds |
| Fund Owner Firm Name | Absolute Investment Advisers |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (7-24-25) | 1.62% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Stock | |
| Weighted Average PE Ratio | 33.37 |
| Weighted Average Price to Sales Ratio | 7.167 |
| Weighted Average Price to Book Ratio | 8.612 |
| Weighted Median ROE | 28.48% |
| Weighted Median ROA | 9.82% |
| ROI (TTM) | 15.07% |
| Return on Investment (TTM) | 15.07% |
| Earning Yield | 0.0828 |
| LT Debt / Shareholders Equity | 1.163 |
| Bond | |
| Yield to Maturity (5-31-25) | 5.80% |
| Average Coupon | 6.04% |
| Calculated Average Quality | 4.450 |
| Effective Maturity | 11.38 |
| Nominal Maturity | 12.18 |
As of May 31, 2025
Growth Metrics
| EPS Growth (1Y) | 22.72% |
| EPS Growth (3Y) | 14.60% |
| EPS Growth (5Y) | 16.39% |
| Sales Growth (1Y) | 11.51% |
| Sales Growth (3Y) | 14.84% |
| Sales Growth (5Y) | 13.45% |
| Sales per Share Growth (1Y) | 13.51% |
| Sales per Share Growth (3Y) | 13.47% |
| Operating Cash Flow - Growth Ratge (3Y) | 20.55% |
As of May 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 7/11/2005 |
| Last Annual Report Date | 3/31/2025 |
| Last Prospectus Date | 8/1/2024 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ACEFX", "name") |
| Broad Asset Class: =YCI("M:ACEFX", "broad_asset_class") |
| Broad Category: =YCI("M:ACEFX", "broad_category_group") |
| Prospectus Objective: =YCI("M:ACEFX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |