Investment objective & strategy
As of Oct. 24, 2025 · prospectusObjective. Investment Objective: The Fund seeks long-term growth of capital.
Strategy. Principal Investment Strategies: The Funds investment adviser seeks to achieve the Funds investment objective by investing in a combination of equity, fixed income and alternative strategy exchange traded funds (ETFs), exchange traded notes (ETNs) and mutual funds (together, Underlying Funds). The Underlying Funds in which the Fund invests each primarily invest in (1) U.S. common stocks, (2) foreign common stocks, (3) U.S. fixed income securities, (4) foreign fixed income securities or (5) alternative investments including managed futures, master-limited partnerships, commodities, and long-short strategies. Equity Underlying Funds may follow a growth or value-investing style and may include those that invest in small-cap, mid-cap or large cap companies. The adviser invests Fund assets in fixed income Underlying Funds without restriction as to … Principal Investment Strategies: The Funds investment adviser seeks to achieve the Funds investment objective by investing in a combination of equity, fixed income and alternative strategy exchange traded funds (ETFs), exchange traded notes (ETNs) and mutual funds (together, Underlying Funds). The Underlying Funds in which the Fund invests each primarily invest in (1) U.S. common stocks, (2) foreign common stocks, (3) U.S. fixed income securities, (4) foreign fixed income securities or (5) alternative investments including managed futures, master-limited partnerships, commodities, and long-short strategies. Equity Underlying Funds may follow a growth or value-investing style and may include those that invest in small-cap, mid-cap or large cap companies. The adviser invests Fund assets in fixed income Underlying Funds without restriction as to minimum issuer credit quality, sector, capitalization, country of origin, or security maturity. Fixed income Underlying Funds may invest in non-investment grade fixed income securities, commonly known as high yield or junk bonds that are rated below Baa3 by Moodys Investors Service or similarly by another rating agency. Foreign equity Underlying Funds may invest in common stock of companies located in emerging market countries. The Fund may invest up to 50% of its net assets in Underlying Funds that primarily invest in foreign securities. The Funds adviser invests the Funds assets in the Underlying Funds in accordance with the following ranges: Equity 60-90 % Fixed Income 0-30 % Alternatives 0-20 % The Funds adviser makes tactical reallocations or rebalances in response to market conditions. Such reallocations or rebalances may be within an asset class (e.g. shifting between market capitalizations, geographic regions, credit qualities or durations) or between asset classes (e.g. shifting some of the Funds assets allocated to equity into fixed income).
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| SCHWAB US LG VAL | SCHV | $35.74M | 26.64% |
| SCHW-US L/C GRW | SCHG | $27.58M | 20.55% |
| WisdomTree U.S. Value Fund | WTV | $12.25M | 9.13% |
| Avantis U.S. Small Cap Value ETF | AVUV | $9.93M | 7.40% |
| ISHARES RUSSELL MID-CAP GROWTH ISHARES RUSSELL MID-CAP GROW | IWP US | $7.28M | 5.43% |
| INVESCO S&P SMAL | — | $6.92M | 5.16% |
| FMR-ENH INTL | FENI | $6.79M | 5.06% |
| Invesco Total Return Bond ETF | GTO | $6.67M | 4.97% |
| JPM HG EQ ETF | — | $6.49M | 4.84% |
| Vanguard Intermediate-Term Bond ETF | BIV | $5.38M | 4.01% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Ladenburg Aggressive Growth Fund · LAWAX, LAWCX, LAGIX | 89% | 1.02% |
| Ladenburg Growth & Income Fund · LOWAX, LOWCX, LOWIX | 82% | 1.02% |
| Ladenburg Income & Growth Fund · LNOAX, LNOCX, LNOIX | 63% | 1.12% |
Advisers
| Firm | Role |
|---|---|
| Ladenburg Thalman Asset Management, Inc. | Adviser |
Footnotes
- Expense ratio as of October 24, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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