Absolute Flexible Fund Inst (FLXIX)
11.06
-0.03
(-0.27%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.52% | 32.70M | -- | 52.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -14686.00 | 12.72% |
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. The Fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies and employs a convertible arbitrage strategy. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Low |
| 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:
54
-18.00M
Peer Group Low
50.07M
Peer Group High
1 Year
% Rank:
46
-14686.00
-342.16M
Peer Group Low
515.76M
Peer Group High
3 Months
% Rank:
47
-52.07M
Peer Group Low
174.20M
Peer Group High
3 Years
% Rank:
34
-2.259B
Peer Group Low
1.232B
Peer Group High
6 Months
% Rank:
47
-182.25M
Peer Group Low
434.68M
Peer Group High
5 Years
% Rank:
43
-2.453B
Peer Group Low
1.280B
Peer Group High
YTD
% Rank:
55
-27.00M
Peer Group Low
141.36M
Peer Group High
10 Years
% Rank:
50
-8.814B
Peer Group Low
3.087B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 28, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 20.72% |
| Stock | -18.96% |
| Bond | 94.82% |
| Convertible | 4.56% |
| Preferred | 0.00% |
| Other | -1.14% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
19.37% | -- | -- |
| UNITY SOFTWARE INC. UNITSOF 0.0 03/15/2030 FIX USD Corporate 144A | 4.56% | 93.29 | -2.63% |
| AST SpaceMobile, Inc. ASTSPA 2.375 10/15/2032 FIX USD Corporate 144A | 4.17% | -- | -- |
|
T1 Energy Inc 5.25% 01-DEC-2030
|
4.04% | -- | -- |
| XOMETRY, INC. XOMEINC 1.0 02/01/2027 FIX USD Corporate 144A | 3.98% | 107.30 | -4.26% |
| UPWORK INC. UPWOINC 0.25 08/15/2026 FIX USD Corporate 144A | 3.85% | 97.78 | 0.03% |
| Fastly, Inc. FASTLIN 7.75 06/01/2028 FIX USD Corporate | 3.49% | -- | -- |
| Repligen Corporation REPLCOR 1.0 12/15/2028 FIX USD Corporate 144A | 3.46% | 100.21 | -1.12% |
| Tetra Tech, Inc. TETRTEC 2.25 08/15/2028 FIX USD Corporate 144A | 3.43% | 114.16 | 0.50% |
| Rapid7, Inc. RAPIINC 0.25 03/15/2027 FIX USD Corporate 144A | 3.35% | 94.71 | 0.06% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.84% |
| Administration Fee | 29.50K% |
| Maximum Front Load | -- |
| 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 | 25000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. The Fund invests primarily in a diversified portfolio of convertible securities issued by both U.S. and foreign companies and employs a convertible arbitrage strategy. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Absolute Return USD Low |
| 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 (2-26-26) | 3.04% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 62 |
| Stock | |
| Weighted Average PE Ratio | 60.00 |
| Weighted Average Price to Sales Ratio | 7.429 |
| Weighted Average Price to Book Ratio | 7.215 |
| Weighted Median ROE | 14.57% |
| Weighted Median ROA | 1.25% |
| ROI (TTM) | 14.60% |
| Return on Investment (TTM) | 14.60% |
| Earning Yield | 0.0167 |
| LT Debt / Shareholders Equity | 0.7245 |
| Number of Equity Holdings | 25 |
| Bond | |
| Yield to Maturity (12-31-25) | 1.15% |
| Effective Duration | -- |
| Average Coupon | 1.91% |
| Calculated Average Quality | 4.115 |
| Effective Maturity | 3.188 |
| Nominal Maturity | 3.188 |
| Number of Bond Holdings | 31 |
As of December 31, 2025
Growth Metrics
| EPS Growth (1Y) | 10.89% |
| EPS Growth (3Y) | 1.83% |
| EPS Growth (5Y) | 5.58% |
| Sales Growth (1Y) | -5.73% |
| Sales Growth (3Y) | 21.87% |
| Sales Growth (5Y) | 17.61% |
| Sales per Share Growth (1Y) | -1.36% |
| Sales per Share Growth (3Y) | 13.90% |
| Operating Cash Flow - Growth Rate (3Y) | -11.40% |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 6/30/2022 |
| 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% |
Excel Add-In Codes
| Name: =YCI("M:FLXIX", "name") |
| Broad Asset Class: =YCI("M:FLXIX", "broad_asset_class") |
| Broad Category: =YCI("M:FLXIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FLXIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |