Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
2.07% 28.26M -- 0.01%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-42.15M 3.60% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks total return consisting of capital appreciation and income. The Fund invests primarily in long and short call and put options on futures contracts on the Standard & Poors 500 Index, and in cash and cash equivalents. It actively trades its portfolio securities in an attempt to achieve its objective.
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 Rational Funds
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 70
-37.66M Peer Group Low
46.25M Peer Group High
1 Year
% Rank: 78
-42.15M
-268.94M Peer Group Low
616.34M Peer Group High
3 Months
% Rank: 79
-158.54M Peer Group Low
171.43M Peer Group High
3 Years
% Rank: 80
-2.572B Peer Group Low
933.08M Peer Group High
6 Months
% Rank: 78
-158.95M Peer Group Low
397.03M Peer Group High
5 Years
% Rank: 77
-2.461B Peer Group Low
983.89M Peer Group High
YTD
% Rank: --
-5.402M Peer Group Low
-5.402M Peer Group High
10 Years
% Rank: 63
-8.658B Peer Group Low
2.812B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
8.35%
2.65%
3.94%
-0.30%
5.06%
3.24%
3.66%
0.00%
26.60%
16.25%
18.54%
-18.36%
22.20%
17.49%
22.34%
2.01%
7.54%
7.46%
6.48%
-1.65%
3.71%
3.18%
-2.44%
2.87%
-4.78%
3.70%
8.41%
6.29%
4.34%
2.95%
2.69%
0.97%
13.66%
3.11%
18.22%
-15.97%
16.10%
16.98%
9.08%
1.19%
9.63%
8.88%
12.99%
-13.44%
17.17%
18.05%
10.91%
1.25%
As of January 11, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-9-26) 2.45%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 9
Bond
Yield to Maturity (9-30-25) 3.78%
Effective Duration --
Average Coupon --
Calculated Average Quality 5.00
Effective Maturity 0.5383
Nominal Maturity 0.5383
Number of Bond Holdings 2
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 26.83%
Stock 0.00%
Bond 73.45%
Convertible 0.00%
Preferred 0.00%
Other -0.28%
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Top 9 Holdings

Name % Weight Price % Change
First American Treasury Obligations Fund X 51.17% 1.00 0.00%
United States of America USGB 0.0 01/22/2026 FIX USD Government 28.28% 99.90 0.03%
USD Cash
10.75% -- --
United States of America USGB 0.0 06/11/2026 FIX USD Government 9.96% 98.56 0.03%
ES 2W NOV 6050P
0.21% -- --
ES 1W NOV 5600P
0.01% -- --
ES 1W NOV 5475P
0.01% -- --
Other Assets less Liabilities
-0.05% -- --
ES 2W NOV 5950P
-0.33% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 1.61%
Administration Fee 107.2K%
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 Yes
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 500.00 None

Basic Info

Investment Strategy
The Fund seeks total return consisting of capital appreciation and income. The Fund invests primarily in long and short call and put options on futures contracts on the Standard & Poors 500 Index, and in cash and cash equivalents. It actively trades its portfolio securities in an attempt to achieve its objective.
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 Rational Funds
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-9-26) 2.45%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 9
Bond
Yield to Maturity (9-30-25) 3.78%
Effective Duration --
Average Coupon --
Calculated Average Quality 5.00
Effective Maturity 0.5383
Nominal Maturity 0.5383
Number of Bond Holdings 2
As of September 30, 2025

Fund Details

Key Dates
Inception Date 5/1/2007
Share Classes
HRSAX A
HRSFX C
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%
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Excel Add-In Codes

Name: =YCI("M:HRSTX", "name")
Broad Asset Class: =YCI("M:HRSTX", "broad_asset_class")
Broad Category: =YCI("M:HRSTX", "broad_category_group")
Prospectus Objective: =YCI("M:HRSTX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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