Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.92% 328.15M -- 30.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-1.284M 10.06% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks high level of risk-adjusted current income and capital appreciation. The Fund invests at least 80% of its net assets in MBS. MBS refers to a type of fixed income instrument that represents an interest in a pool of mortgages, including residential MBS and commercial MBS and government sponsored entities.
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 Medalist Partners
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 89
-422.49M Peer Group Low
483.54M Peer Group High
1 Year
% Rank: 59
-1.284M
-5.100B Peer Group Low
5.483B Peer Group High
3 Months
% Rank: 68
-3.370B Peer Group Low
608.76M Peer Group High
3 Years
% Rank: 60
-6.413B Peer Group Low
10.65B Peer Group High
6 Months
% Rank: 65
-1.936B Peer Group Low
1.164B Peer Group High
5 Years
% Rank: 91
-19.79B Peer Group Low
11.81B Peer Group High
YTD
% Rank: --
-1.231B Peer Group Low
-1.231B Peer Group High
10 Years
% Rank: 61
-28.96B Peer Group Low
27.24B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
4.86%
-7.14%
6.98%
-13.27%
12.74%
13.20%
9.62%
0.19%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.17%
6.79%
5.95%
0.05%
-16.87%
4.27%
1.77%
9.49%
0.42%
6.86%
5.62%
2.59%
-13.58%
6.40%
5.96%
8.32%
0.30%
--
--
--
-0.04%
7.12%
2.68%
10.31%
0.21%
7.27%
8.31%
-1.05%
-16.58%
5.04%
1.82%
8.98%
0.51%
As of January 14, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-13-26) 6.82%
30-Day SEC Yield (12-31-25) 5.82%
7-Day SEC Yield --
Number of Holdings 164
Bond
Yield to Maturity (10-31-25) 6.52%
Effective Duration 4.04
Average Coupon 6.18%
Calculated Average Quality 3.867
Effective Maturity 23.98
Nominal Maturity 23.98
Number of Bond Holdings 161
As of October 31, 2025

Asset Allocation

As of October 31, 2025.
Type % Net
Cash 1.30%
Stock 0.00%
Bond 99.00%
Convertible 0.00%
Preferred 0.00%
Other -0.30%
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Top 10 Holdings

Name % Weight Price % Change
GREENPOINT MORTGAGE FUNDING TRUST 05AR4 4AA FLT 4.89239% 25-OCT-2045
2.60% -- --
First American Government Obligations Fd X 2.32% 1.00 0.00%
MORGAN STANLEY CAPITAL I TRUST 24BPR2 A FIX 7.291% 07-MAY-2041
2.10% -- --
WB Commercial Mortgage Trust 2024-HQ WBCOM 8.01 03/15/2040 FIX USD Corporate 2.08% -- --
FEDERAL HOME LOAN MORTGAGE CORPORATION 21MN3 B1 FLT 11.20603% 27-NOV-2051
1.98% -- --
TOWD POINT MORTGAGE TRUST 19HY1 B3 FLT 6.29685% 26-OCT-2048
1.81% -- --
CSMC TRUST 20AFC1 B2 SEQ FIX 4.416% 25-FEB-2050
1.57% -- --
ATRIUM HOTEL PORTFOLIO TRUST 24ATRM E SEQ VAR 9.52014% 13-OCT-2039
1.57% -- --
Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 MORGSTWK 08/16/2058 FLT USD Corporate 1.46% -- --
BBCMS TRUST 25C35 C SEQ VAR 6.31914% 17-JUL-2058
1.39% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.57%
Administration Fee 261.8K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 1000.00 None

Basic Info

Investment Strategy
The Fund seeks high level of risk-adjusted current income and capital appreciation. The Fund invests at least 80% of its net assets in MBS. MBS refers to a type of fixed income instrument that represents an interest in a pool of mortgages, including residential MBS and commercial MBS and government sponsored entities.
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 Medalist Partners
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-13-26) 6.82%
30-Day SEC Yield (12-31-25) 5.82%
7-Day SEC Yield --
Number of Holdings 164
Bond
Yield to Maturity (10-31-25) 6.52%
Effective Duration 4.04
Average Coupon 6.18%
Calculated Average Quality 3.867
Effective Maturity 23.98
Nominal Maturity 23.98
Number of Bond Holdings 161
As of October 31, 2025

Fund Details

Key Dates
Inception Date 7/22/2013
Share Classes
SEMOX A
SEMPX Inv
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:SEMMX", "name")
Broad Asset Class: =YCI("M:SEMMX", "broad_asset_class")
Broad Category: =YCI("M:SEMMX", "broad_category_group")
Prospectus Objective: =YCI("M:SEMMX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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