Investment objective & strategy
As of March 25, 2026 · prospectusStrategy. The Fund may invest in derivative instruments, specifically options, interest rate-linked futures, swap agreements, credit default swaps and forward currency contracts (collectively, Derivatives) to reduce exposure to, or hedge against, market volatilities and other risks. The Fund may also use Derivatives rather than investing directly in an underlying asset class, as a low-cost, effective means to gain exposure to such asset class. The Fund may invest in derivative instruments, specifically options, interest rate-linked futures, swap agreements, credit default swaps and forward currency contracts (collectively, Derivatives) to reduce exposure to, or hedge against, market volatilities and other risks. The Fund may also use Derivatives rather than investing directly in an underlying asset class, as a low-cost, effective means to gain exposure to such asset class.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| FIRST AM-TR OB-X | TMPXX | $9.52M | 22.07% |
| EURONET WORLDWIDE INC | — | $1.85M | 4.29% |
| DGWD TRUST 2025-INFL DGWD 2025-INFL B | — | $1.50M | 3.47% |
| GNW V0 11/15/36 | GNW | $1.38M | 3.21% |
| AMREP CORP | — | $1.25M | 2.90% |
| EIXCP CP 0 04/30/26 | — | $1.25M | 2.89% |
| CROWN CASTLE INC SR UNSECURED 07/26 1.05 | CCI26B | $1.24M | 2.87% |
| SAUL CENTERS INC | — | $1.14M | 2.64% |
| MHP, Series 2021-STOR, Class A | — | $1.12M | 2.61% |
| OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 5.00000000 | OUT | $998.20K | 2.32% |
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. |
|---|---|---|
| AlphaCentric Premium Opportunity Fund · HMXAX, HMXCX, HMXIX | 22% | 2.03% |
| Cambria Cannabis ETF · TOKE | 22% | 0.44% |
| Optima Strategic Credit Fund | 22% | 2.10% |
Advisers
| Firm | Role |
|---|---|
| CrossingBridge Advisors, LLC | Sub-adviser |
| AlphaCentric Advisors LLC | Adviser |
Footnotes
- Expense ratio as of July 28, 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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