Wavelength Fund (WAVLX)
10.03
-0.01
(-0.10%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.99% | 134.99M | -- | 39.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 28.03M | 2.77% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund seeks to obtain a balanced exposure to the global fixed income securities market. The Fund may purchase fixed-income securities of any credit quality, maturity or yield. The Adviser intends to limit the investment in high yield securities to not more than 50% of its net assets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | Wavelength Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
28
-57.51M
Peer Group Low
716.32M
Peer Group High
1 Year
% Rank:
33
28.03M
-898.99M
Peer Group Low
4.095B
Peer Group High
3 Months
% Rank:
29
-152.90M
Peer Group Low
1.447B
Peer Group High
3 Years
% Rank:
52
-782.62M
Peer Group Low
6.351B
Peer Group High
6 Months
% Rank:
35
-417.69M
Peer Group Low
2.316B
Peer Group High
5 Years
% Rank:
69
-2.014B
Peer Group Low
3.397B
Peer Group High
YTD
% Rank:
30
-454.49M
Peer Group Low
3.494B
Peer Group High
10 Years
% Rank:
30
-8.989B
Peer Group Low
9.530B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 15.17% |
| Stock | 1.28% |
| Bond | 79.58% |
| Convertible | 0.00% |
| Preferred | 1.89% |
| Other | 2.07% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
2YR T-NOTE SEP26
|
13.50% | -- | -- |
|
Cash and Cash Equivalents
|
13.33% | -- | -- |
|
5YR T NOTE SEP26
|
13.00% | -- | -- |
| Invesco Senior Loan ETF | 12.71% | 20.66 | 0.07% |
| Vanguard Sht-Term Inflation-Protected Sec ETF | 10.97% | 49.51 | 0.06% |
| State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF | 10.24% | 24.62 | 0.26% |
| Vanguard Mortgage-Backed Secs ETF | 9.53% | 45.42 | 0.32% |
| iShares TIPS Bond ETF | 6.53% | 105.96 | 0.17% |
| iShares Broad USD High Yield Corporate Bond ETF | 6.47% | 36.38 | 0.37% |
|
10Y TNotes SEP26
|
5.91% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.53% |
| Administration Fee | 85146.00 None |
| 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 | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks total return. The Fund seeks to obtain a balanced exposure to the global fixed income securities market. The Fund may purchase fixed-income securities of any credit quality, maturity or yield. The Adviser intends to limit the investment in high yield securities to not more than 50% of its net assets. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Credit Focus |
| Peer Group | Alternative Credit Focus Funds |
| Global Macro | Alternative Bond |
| US Macro | Alternative Bond Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Credit Focus Funds |
| Fund Owner Firm Name | Wavelength Funds |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 4.09% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 27 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.30% |
| Effective Duration | -- |
| Average Coupon | 4.41% |
| Calculated Average Quality | 4.027 |
| Effective Maturity | 7.687 |
| Nominal Maturity | 7.923 |
| Number of Bond Holdings | 0 |
As of July 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/30/2013 |
| Last Annual Report Date | 5/31/2026 |
| Last Prospectus Date | 9/28/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:WAVLX", "name") |
| Broad Asset Class: =YCI("M:WAVLX", "broad_asset_class") |
| Broad Category: =YCI("M:WAVLX", "broad_category_group") |
| Prospectus Objective: =YCI("M:WAVLX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |