Counterpoint Tactical Municipal Fund I (TMNIX)
10.76
+0.01
(+0.09%)
USD |
Feb 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.50% | 293.61M | -- | 360.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -25.31M | 3.01% |
Basic Info
| Investment Strategy | |
| The Fund seeks tax-free income and capital preservation. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings, if any) in, or derives at least 80% of its income from, municipal bonds, and may invest in debt securities of any credit quality or maturity. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Counterpoint |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
61
-153.25M
Peer Group Low
258.67M
Peer Group High
1 Year
% Rank:
56
-25.31M
-2.613B
Peer Group Low
2.499B
Peer Group High
3 Months
% Rank:
46
-557.65M
Peer Group Low
693.94M
Peer Group High
3 Years
% Rank:
51
-5.900B
Peer Group Low
7.422B
Peer Group High
6 Months
% Rank:
52
-945.73M
Peer Group Low
2.255B
Peer Group High
5 Years
% Rank:
38
-6.006B
Peer Group Low
10.86B
Peer Group High
YTD
% Rank:
63
-132.82M
Peer Group Low
258.67M
Peer Group High
10 Years
% Rank:
48
-4.771B
Peer Group Low
15.04B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 10, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 2.64% |
| Stock | 0.00% |
| Bond | 95.81% |
| Convertible | 0.00% |
| Preferred | 0.01% |
| Other | 1.54% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Invesco High Yield Municipal Fund Y | 36.88% | 8.32 | 0.00% |
| Invesco High Yield Municipal Fund Y | 36.88% | 8.32 | 0.00% |
| Invesco High Yield Municipal Fund Y | 36.88% | 8.32 | 0.00% |
| PIMCO High Yield Municipal Bond Fund Institutional | 29.91% | 8.44 | 0.12% |
| PIMCO High Yield Municipal Bond Fund Institutional | 29.91% | 8.44 | 0.12% |
| PIMCO High Yield Municipal Bond Fund Institutional | 29.91% | 8.44 | 0.12% |
| Russell Investments Tax Exempt High Yield Bond S | 11.94% | 9.72 | -0.10% |
| Russell Investments Tax Exempt High Yield Bond S | 11.94% | 9.72 | -0.10% |
| Russell Investments Tax Exempt High Yield Bond S | 11.94% | 9.72 | -0.10% |
| Nuveen High Yield Municipal Bond Fund I | 6.67% | 14.36 | -0.07% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.70% |
| Administration Fee | 139.8K% |
| 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 |
|
| Minimum Initial Investment | 100000.0 None |
| Minimum Subsequent Investment | 1000.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks tax-free income and capital preservation. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings, if any) in, or derives at least 80% of its income from, municipal bonds, and may invest in debt securities of any credit quality or maturity. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal High Yield |
| Peer Group | High Yield Municipal Debt Funds |
| Global Macro | Bond High Yield |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | High Yield Municipal Debt Funds |
| Fund Owner Firm Name | Counterpoint |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-6-26) | 2.93% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 57 |
| Bond | |
| Yield to Maturity (9-30-25) | 5.27% |
| Effective Duration | -- |
| Average Coupon | 5.31% |
| Calculated Average Quality | 3.483 |
| Effective Maturity | 15.11 |
| Nominal Maturity | 22.07 |
| Number of Bond Holdings | 0 |
As of September 30, 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:TMNIX", "name") |
| Broad Asset Class: =YCI("M:TMNIX", "broad_asset_class") |
| Broad Category: =YCI("M:TMNIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TMNIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |