Salient Tactical Plus A (SBTAX)
11.69
-0.01 (-0.09%)
USD |
May 20 2022
Returns Chart
Key Stats
Customize
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.77% | 72.30M | 0.00% | 62.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 14456.40 | -0.85% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to produce, in any market environment, above-average risk-adjusted returns and less downside volatility than the S&P 500 Index. The fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities. These instruments generally include futures and options on securities, securities indices and shares of exchange-traded funds ("ETFs"). |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | BTPIX |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Long-Short Equity |
| Category Index | MSCI ACWI NR USD |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Salient Funds |
| Prospectus Benchmark Index | |
| HFRX Equity Hedge USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Christopher Guptill | 9.34 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
41
14456.40
-584.15M
Category Low
531.48M
Category High
3 Months
% Rank:
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3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of April 30, 2022
Performance Versus Category
As of May 20, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 20, 2022.
Asset Allocation
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| SPDR® S&P 500 ETF Trust | 53.99% | 397.07 | 1.91% |
| Fidelity® Inv MM Fds Government Instl | 45.21% | 1.00 | 0.00% |
|
E-mini Nasdaq 100 Future June 22
|
0.27% | -- | -- |
|
S&P500 Emini Optn Apr22p 3500-Scj2p 3500 Pit
|
0.04% | -- | -- |
|
E-mini S&P 500 Future June 22
|
-0.17% | -- | -- |
Basic Info
| Investment Strategy | |
| The investment seeks to produce, in any market environment, above-average risk-adjusted returns and less downside volatility than the S&P 500 Index. The fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of instruments that provide exposure to U.S. and non-U.S. equity securities. These instruments generally include futures and options on securities, securities indices and shares of exchange-traded funds ("ETFs"). |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | BTPIX |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Category Name | Long-Short Equity |
| Category Index | MSCI ACWI NR USD |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Salient Funds |
| Prospectus Benchmark Index | |
| HFRX Equity Hedge USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Christopher Guptill | 9.34 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (5-20-22) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 21.94 |
| 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 |
As of March 31, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/15/2014 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | 5/1/2022 |
| Share Classes | |
| BTPIX | Inst |
| SBTCX | C |
| SBTIX | Inst |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |