Investment objective & strategy
As of Oct. 24, 2025 · prospectusObjective. Investment Objective: The Fund seeks long-term growth of capital with a secondary objective of producing current income.
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 40% 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 40-70 % Fixed Income 20-50 % 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 | $38.42M | 21.45% |
| SCHW-US L/C GRW | SCHG | $29.86M | 16.67% |
| PIMCO Active Bond Exchange-Traded Fund | BOND | $18.29M | 10.21% |
| Vanguard Intermediate-Term Bond ETF | BIV | $12.88M | 7.19% |
| Invesco Total Return Bond ETF | GTO | $12.81M | 7.15% |
| Avantis U.S. Small Cap Value ETF | AVUV | $11.36M | 6.34% |
| State Street DoubleLine TR Tact ETF | TOTL | $10.98M | 6.13% |
| INVESCO S&P SMAL | — | $9.38M | 5.24% |
| WisdomTree U.S. Value Fund | WTV | $9.38M | 5.24% |
| FMR-ENH INTL | FENI | $8.86M | 4.94% |
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 Growth Fund · LGWAX, LGWCX, LGWIX | 82% | 0.99% |
| Ladenburg Income & Growth Fund · LNOAX, LNOCX, LNOIX | 80% | 1.12% |
| Ladenburg Aggressive Growth Fund · LAWAX, LAWCX, LAGIX | 71% | 1.02% |
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).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.