Rational Special Situations Income Fund A (RFXAX)
17.95
+0.02
(+0.11%)
USD |
Apr 08 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.01% | 1.308B | -- | 8.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 120.03M | 4.74% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return consisting of capital appreciation and income. The Fund is a non-diversified for purposes of the Investment Company Act of 1940 and it invests primarily in agency and non-agency residential and commercial mortgage-backed securities, focusing on non-agency residential mortgage-backed securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | Rational Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
77
-420.05M
Peer Group Low
287.96M
Peer Group High
1 Year
% Rank:
24
120.03M
-4.678B
Peer Group Low
5.844B
Peer Group High
3 Months
% Rank:
62
-451.92M
Peer Group Low
611.05M
Peer Group High
3 Years
% Rank:
23
-6.354B
Peer Group Low
8.200B
Peer Group High
6 Months
% Rank:
61
-3.822B
Peer Group Low
845.41M
Peer Group High
5 Years
% Rank:
24
-19.09B
Peer Group Low
9.960B
Peer Group High
YTD
% Rank:
62
-451.92M
Peer Group Low
515.50M
Peer Group High
10 Years
% Rank:
22
-33.67B
Peer Group Low
26.67B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 09, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.58% |
| Stock | 0.00% |
| Bond | 96.52% |
| Convertible | 0.00% |
| Preferred | 0.74% |
| Other | 0.15% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Ambac Assurance Corporation ABK-AssurCorp 5.1 12/31/2099 FIX USD Corporate 144A | 9.42% | 133.22 | -0.02% |
| First American Treasury Obligations Fund X | 5.73% | 1.00 | 0.00% |
|
MBIA Global Funding LLC 0% 15-DEC-2033
|
1.97% | -- | -- |
|
COMM MORTGAGE TRUST 12CRE3 B FIX 3.922% 17-OCT-2045
|
1.62% | -- | -- |
|
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 12C6 E SEQ VAR 4.96397% 17-MAY-2045
|
1.60% | -- | -- |
|
GS MORTGAGE SECURITIES TRUST 11GC5 B SEQ VAR 5.147% 12-AUG-2044
|
1.54% | -- | -- |
|
J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 12WLDN A SEQ FIX 3.9054% 07-MAY-2030
|
1.49% | -- | -- |
|
COMM MORTGAGE TRUST 12LTRT A2 SEQ FIX 3.3996% 07-OCT-2030
|
1.14% | -- | -- |
|
CGCCRE COMMERCIAL MORTGAGE TRUST 14FL1 B SEQ FLT 4.945% 16-JUN-2031
|
1.00% | -- | -- |
|
WFRBS COMMERCIAL MORTGAGE TRUST 13C14 C SEQ VAR 3.83015% 15-JUN-2046
|
0.98% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 1.43% |
| Administration Fee | 78.33K% |
| Maximum Front Load | 4.75% |
| 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 | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks total return consisting of capital appreciation and income. The Fund is a non-diversified for purposes of the Investment Company Act of 1940 and it invests primarily in agency and non-agency residential and commercial mortgage-backed securities, focusing on non-agency residential mortgage-backed securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | Rational Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-7-26) | 5.31% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 952 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.73% |
| Effective Duration | 0.90 |
| Average Coupon | 6.46% |
| Calculated Average Quality | 6.319 |
| Effective Maturity | 10.60 |
| Nominal Maturity | 10.60 |
| Number of Bond Holdings | 941 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RFXAX", "name") |
| Broad Asset Class: =YCI("M:RFXAX", "broad_asset_class") |
| Broad Category: =YCI("M:RFXAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RFXAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |