Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
2.40% 7.333M 12.91% 118.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-67101.36 4.22% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks attractive long-term risk-adjusted returns relative to traditional financial market indices. The manager seeks to achieve its investment objective by attempting to outperform the returns of a variety of "relative value" investment strategies. It will seek to outperform the returns of various fixed income relative value strategies, such as, among others, asset-backed, master limited partnership ("MLP"), real estate, convertible arbitrage, corporate and sovereign strategies, as well as volatility investment strategies.
General
Security Type Mutual Fund
Oldest Share Symbol JRVIX
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth
Fund Owner Firm Name James Alpha Advisors
Prospectus Benchmark Index
HFRI Relative Value Total USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Akos Beleznay 3.21 yrs
James Vitalie 3.21 yrs
Kevin Greene 3.21 yrs
Michael Montague 3.21 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 35
-67101.36
-562.65M Category Low
2.075B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of October 31, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of November 27, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
--
--
--
--
--
-1.65%
13.43%
2.87%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
12.08%
--
--
--
--
8.69%
2.79%
0.12%
-11.88%
5.03%
6.20%
5.85%
-0.61%
5.22%
4.17%
-0.67%
-4.70%
3.28%
2.00%
3.85%
3.63%
1.88%
-2.54%
-1.40%
-3.64%
--
--
--
--
--
0.62%
-0.70%
-9.91%
As of November 27, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-27-20) 12.91%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 16.52
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.04%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of September 30, 2020

Fund Details

Key Dates
Inception Date 8/18/2017
Last Annual Report Date 11/30/2019
Last Prospectus Date 3/30/2020
Share Classes
JRSVX S
JRVAX A
JRVCX C
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds Yes
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of September 30, 2020.
Type % Net % Long % Short
Cash -30.63% Upgrade Upgrade
Stock 8.02% Upgrade Upgrade
Bond 71.11% Upgrade Upgrade
Convertible 2.71% Upgrade Upgrade
Preferred 0.64% Upgrade Upgrade
Other 48.15% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
James Alpha Structured Credit Value S 43.04% 11.19 0.09%
Recv Gs Hy Synth Corp 5yr
32.62% -- --
Gs Hy Synth Corp 5yr
5.70% -- --
Dreyfus Instl Preferred Govt MMkt Instl 5.24% 1.00 0.00%
SPDR® DoubleLine Total Return Tact ETF 4.09% 49.46 0.08%
American Beacon Sound Point FlRtIn Y 3.84% 9.03 0.00%
High Yield ETF 3.79% 31.58 0.00%
Gs Hy Synth Corp 5yr
3.62% -- --
Highland/iBoxx Senior Loan ETF 3.37% 15.93 0.09%
SPDR® Blmbg Barclays Convert Secs ETF 3.30% 78.21 -0.46%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks attractive long-term risk-adjusted returns relative to traditional financial market indices. The manager seeks to achieve its investment objective by attempting to outperform the returns of a variety of "relative value" investment strategies. It will seek to outperform the returns of various fixed income relative value strategies, such as, among others, asset-backed, master limited partnership ("MLP"), real estate, convertible arbitrage, corporate and sovereign strategies, as well as volatility investment strategies.
General
Security Type Mutual Fund
Oldest Share Symbol JRVIX
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth
Fund Owner Firm Name James Alpha Advisors
Prospectus Benchmark Index
HFRI Relative Value Total USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Akos Beleznay 3.21 yrs
James Vitalie 3.21 yrs
Kevin Greene 3.21 yrs
Michael Montague 3.21 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-27-20) 12.91%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 16.52
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.04%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of September 30, 2020

Fund Details

Key Dates
Inception Date 8/18/2017
Last Annual Report Date 11/30/2019
Last Prospectus Date 3/30/2020
Share Classes
JRSVX S
JRVAX A
JRVCX C
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds Yes
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No