Wavelength Fund (WAVLX)
10.15
-0.01
(-0.10%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.26% | 102.31M | -- | 72.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 24.14M | 7.32% | Upgrade | Upgrade |
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 |
| 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:
43
-50.38M
Peer Group Low
154.41M
Peer Group High
1 Year
% Rank:
46
24.14M
-498.54M
Peer Group Low
1.816B
Peer Group High
3 Months
% Rank:
52
-338.78M
Peer Group Low
392.18M
Peer Group High
3 Years
% Rank:
64
-1.931B
Peer Group Low
2.246B
Peer Group High
6 Months
% Rank:
46
-507.68M
Peer Group Low
1.087B
Peer Group High
5 Years
% Rank:
69
-1.939B
Peer Group Low
4.916B
Peer Group High
YTD
% Rank:
45
-491.29M
Peer Group Low
1.611B
Peer Group High
10 Years
% Rank:
41
-16.70B
Peer Group Low
5.256B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 14.33% |
| Stock | 1.07% |
| Bond | 80.82% |
| Convertible | 0.00% |
| Preferred | 2.15% |
| Other | 1.63% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
2YR T-NOTE DEC25
|
14.44% | -- | -- |
|
Cash and Cash Equivalents
|
13.01% | -- | -- |
|
5YR T NOTE DEC25
|
12.84% | -- | -- |
| Vanguard Mortgage-Backed Secs Idx Fund ETF | 11.41% | 47.03 | -0.04% |
| Invesco Senior Loan ETF | 10.42% | 20.96 | 0.05% |
| Vanguard Sht-Term Inflation-Protected Sec Idx ETF | 10.19% | 50.14 | -0.03% |
| State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF | 10.14% | 25.36 | -0.02% |
|
10Y TNotes DEC25
|
9.17% | -- | -- |
| iShares Broad USD High Yield Corporate Bond ETF | 7.24% | 37.47 | -0.04% |
| VanEck JP Morgan EM Local Currency Bond ETF | 6.37% | 25.62 | -0.25% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.57% |
| Administration Fee | 21.46K% |
| 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 |
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 |
| 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 (12-4-25) | 4.43% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 27 |
| Bond | |
| Yield to Maturity (10-31-25) | 4.02% |
| Effective Duration | -- |
| Average Coupon | 4.44% |
| Calculated Average Quality | 3.964 |
| Effective Maturity | 8.315 |
| Nominal Maturity | 8.673 |
| Number of Bond Holdings | 0 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 9/30/2013 |
| Last Annual Report Date | 5/31/2025 |
| Last Prospectus Date | 9/28/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Synthetic Replication 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. |