Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
5.55% 14.89M 3.22% 0.11%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-2.031M 36.64% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks attractive risk-adjusted returns with low to moderate volatility and low correlation to the broader markets, through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds ("investment funds") and real estate investment trusts ("REITs"). It may also invest in equities and bonds. Equities include common stock (including high yield common stocks), preferred stocks, and fixed income securities. The fund is non-diversified.
General
Security Type Unlisted Closed-End Fund
Oldest Share Symbol --
Equity Style Mid Cap/Value
Fixed Income Style Low Quality/Moderate Sensitivity
Broad Asset Class --
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Growth
Fund Owner Firm Name Ladenburg Thalmann
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Phillip Blancato 11.02 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: 51
-2.031M
-779.98M Category Low
5.604B 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 September 30, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of October 26, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
--
13.79%
-3.41%
-6.74%
10.66%
-10.02%
24.43%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
23.20%
30.34%
1.34%
5.92%
5.02%
-7.40%
26.05%
-2.79%
35.06%
28.55%
2.07%
2.93%
3.94%
-8.94%
26.88%
-7.60%
39.63%
29.44%
1.16%
5.72%
2.14%
-9.47%
17.07%
-18.91%
29.12%
8.84%
-5.30%
11.97%
6.67%
-11.91%
-3.03%
-0.63%
3.15%
As of October 26, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-26-21) 3.22%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 7.38%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of August 31, 2012

Fund Details

Key Dates
Inception Date 1/21/2015
Last Annual Report Date 6/30/2021
Last Prospectus Date 9/29/2021
Share Classes
F000014YH3 Inst
LTAFX A
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 August 31, 2012.
Type % Net % Long % Short
Cash 0.02% Upgrade Upgrade
Stock 93.71% Upgrade Upgrade
Bond 7.31% Upgrade Upgrade
Convertible 0.01% Upgrade Upgrade
Preferred -0.12% Upgrade Upgrade
Other -0.93% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Hines Global REIT Inc
8.21% -- --
Wells Fargo High Income Inst
6.93% -- --
Steadfast Income Reit Inc
4.77% -- --
Lasf Fund Ltd
4.68% -- --
Strategic Storage
4.67% -- --
CU
4.09% -- --
FS Investment Corp 4.06% 22.29 -0.93%
Kayne Anderson Energy Total Return
3.90% -- --
Kayne Anderson MLP/Midstream 3.89% 8.69 -0.91%
Boardwalk Pipeline Partners LP
3.84% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load Upgrade
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 risk-adjusted returns with low to moderate volatility and low correlation to the broader markets, through a concentrated multi-strategy alternative investment approach with an emphasis on income generation. The fund pursues its investment objective by investing primarily in private and publicly traded alternative investment funds ("investment funds") and real estate investment trusts ("REITs"). It may also invest in equities and bonds. Equities include common stock (including high yield common stocks), preferred stocks, and fixed income securities. The fund is non-diversified.
General
Security Type Unlisted Closed-End Fund
Oldest Share Symbol --
Equity Style Mid Cap/Value
Fixed Income Style Low Quality/Moderate Sensitivity
Broad Asset Class --
Broad Category Equity
Category Name Real Estate
Category Index S&P United States REIT TR USD
Prospectus Objective Growth
Fund Owner Firm Name Ladenburg Thalmann
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Phillip Blancato 11.02 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-26-21) 3.22%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 7.38%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of August 31, 2012

Fund Details

Key Dates
Inception Date 1/21/2015
Last Annual Report Date 6/30/2021
Last Prospectus Date 9/29/2021
Share Classes
F000014YH3 Inst
LTAFX A
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