Counterpoint Tactical High Yield (S:0P0001COE6)
14.06
+0.14
(+1.01%)
USD |
Mar 31 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | Upgrade |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| Counterpoint Tactical Income SMA uses systematic and quantitative trend following methods to seek the objective of providing meaningful income and exposure to recovery trends while keeping short term capital losses below the 5% level. The strategy seeks to own high yield bond funds in a stable or rising high yield bond market. In a falling high yield bond market, it seeks to own money market or low duration US Treasury funds. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | Counterpoint Asset Management |
| Prospectus Benchmark Index | |
| Bloomberg Global Aggregate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Michael Krause | 10.01 yrs |
Annual Total Returns Versus Peers
As of March 31, 2024.
Asset Allocation
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Counterpoint Tactical Income I | 50.04% | 11.31 | 0.00% |
| CP High Yield Trend ETF | 39.45% | 21.39 | -0.08% |
|
Amundi USD HY Corp Bd ESG ETF Dis
|
4.01% | -- | -- |
| SPDR® Blmbg High Yield Bd ETF | 2.95% | 94.49 | -0.01% |
| iShares iBoxx $ High Yield Corp Bd ETF | 2.95% | 77.28 | 0.01% |
Fees & Availability
| Fees | |
| Negotiable Fee |
|
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| Counterpoint Tactical Income SMA uses systematic and quantitative trend following methods to seek the objective of providing meaningful income and exposure to recovery trends while keeping short term capital losses below the 5% level. The strategy seeks to own high yield bond funds in a stable or rising high yield bond market. In a falling high yield bond market, it seeks to own money market or low duration US Treasury funds. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | Fixed Income Miscellaneous |
| YCharts Categorization | Global Fixed Income |
| YCharts Benchmark | Bloomberg Global Aggregate (^BBGATR) |
| Fund Owner Firm Name | Counterpoint Asset Management |
| Prospectus Benchmark Index | |
| Bloomberg Global Aggregate TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Michael Krause | 10.01 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 4/29/2014 |
| Last Annual Report Date | 9/30/2017 |
| Last Prospectus Date | -- |
| Attributes | |
| 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 |