Longboard Fund A (LONAX)
14.99
+0.01
(+0.07%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.24% | 119.44M | -- | 61.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -24.26M | -4.64% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. Its assets are allocated among the 3 strategies according to the its asset allocation model consistent with its benchmark, (Morningstar Moderate Target Risk Idx), targets risk levels generally equivalent to 60% stocks/40% bonds although exposures vary at Adviser's discretion. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity US |
| Peer Group | Alternative Long/Short Equity Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Long/Short Equity Funds |
| Fund Owner Firm Name | Longboard |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
83
-62.25M
Peer Group Low
320.13M
Peer Group High
1 Year
% Rank:
86
-24.26M
-199.65M
Peer Group Low
4.235B
Peer Group High
3 Months
% Rank:
92
-57.46M
Peer Group Low
953.73M
Peer Group High
3 Years
% Rank:
69
-591.75M
Peer Group Low
5.785B
Peer Group High
6 Months
% Rank:
87
-168.14M
Peer Group Low
1.964B
Peer Group High
5 Years
% Rank:
34
-1.117B
Peer Group Low
5.909B
Peer Group High
YTD
% Rank:
88
-197.39M
Peer Group Low
3.933B
Peer Group High
10 Years
% Rank:
30
-7.408B
Peer Group Low
6.290B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of August 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.81% |
| Stock | 84.29% |
| Bond | 13.94% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.05% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 11/13/2025 FIX USD Government (Matured) | 13.94% | 100.00 | 0.00% |
|
USD Cash
|
1.81% | -- | -- |
| The Bank of New York Mellon Corp. | 0.26% | 114.01 | 0.05% |
| ResMed, Inc. | 0.25% | 256.59 | 2.02% |
| Starwood Property Trust, Inc. | 0.25% | 18.24 | -0.33% |
| Boston Scientific Corp. | 0.25% | 97.25 | -0.48% |
| Rithm Capital Corp. | 0.25% | 11.32 | -0.31% |
| Citigroup, Inc. | 0.23% | 108.85 | 0.98% |
| The TJX Cos., Inc. | 0.23% | 153.25 | 1.96% |
| NewMarket Corp. | 0.23% | 764.14 | 0.13% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 1.99% |
| Administration Fee | -- |
| Maximum Front Load | 5.75% |
| 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 | 250.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. Its assets are allocated among the 3 strategies according to the its asset allocation model consistent with its benchmark, (Morningstar Moderate Target Risk Idx), targets risk levels generally equivalent to 60% stocks/40% bonds although exposures vary at Adviser's discretion. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity US |
| Peer Group | Alternative Long/Short Equity Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Long/Short Equity Funds |
| Fund Owner Firm Name | Longboard |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 4.28% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 630 |
| Stock | |
| Weighted Average PE Ratio | 27.47 |
| Weighted Average Price to Sales Ratio | 4.555 |
| Weighted Average Price to Book Ratio | 5.140 |
| Weighted Median ROE | 363.3% |
| Weighted Median ROA | 5.14% |
| ROI (TTM) | 9.96% |
| Return on Investment (TTM) | 9.96% |
| Earning Yield | 0.0500 |
| LT Debt / Shareholders Equity | 1.014 |
| Number of Equity Holdings | 626 |
| Bond | |
| Yield to Maturity (8-31-25) | 4.17% |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | 0.00 |
| Effective Maturity | 0.2016 |
| Nominal Maturity | 0.2016 |
| Number of Bond Holdings | 1 |
As of August 31, 2025
Growth Metrics
| EPS Growth (1Y) | 21.92% |
| EPS Growth (3Y) | 10.82% |
| EPS Growth (5Y) | 10.56% |
| Sales Growth (1Y) | 8.53% |
| Sales Growth (3Y) | 10.10% |
| Sales Growth (5Y) | 9.06% |
| Sales per Share Growth (1Y) | 11.21% |
| Sales per Share Growth (3Y) | 9.81% |
| Operating Cash Flow - Growth Rate (3Y) | 14.69% |
As of August 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/9/2015 |
| Last Annual Report Date | 5/31/2025 |
| Last Prospectus Date | 9/29/2025 |
| Share Classes | |
| LONGX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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:LONAX", "name") |
| Broad Asset Class: =YCI("M:LONAX", "broad_asset_class") |
| Broad Category: =YCI("M:LONAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:LONAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |