The investment seeks to provide investors with long-term total return. Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds (ETFs) that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts.
Inception Date: 08/09/2014
Primary Benchmark: S&P 500 TR USD
Primary Index: S&P 500 TR USD
Gross Expense Ratio: 1.47%
Management Expense Ratio: 1.59 %
|JPM||JPMorgan Chase & Co||2.85 %|
|MSFT||Microsoft Corporation||2.14 %|
|AAPL||Apple Inc||2.09 %|
|BKNG||Booking Holdings Inc||2.03 %|
|SPY||SPDR S&P 500 ETF||1.99 %|
|HIG||The Hartford Financial Services Group, Inc||1.80 %|
|ADBE||Adobe Inc||1.76 %|
|AME||AMETEK, Inc||1.74 %|
|CVX||Chevron Corporation||1.71 %|
|CQP||Cheniere Energy Partners, L.P||1.69 %|
|MLPE||C-Tracks ETNs on the Miller/Ho..||0.00 %||
|NRGD||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGO||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGU||MicroSectors U.S. Big Oil Inde..||0.00 %||
|NRGZ||MicroSectors U.S. Big Oil Inde..||0.00 %||
|AEF||Aberdeen Emerging Markets Equi..||0.00 %||
|AFFS||AmTrust Financial Services, In..||0.00 %||
|AFFT||Amtrust Financial Services Inc||0.00 %||
|BCV||Bancroft Fund Ltd||0.00 %||
|CCA||MFS California Municipal Fund||0.00 %||
|Market Performance vs.
|Market Performance vs. Exchange|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||6.48%||73%||C||86%||B|
|Risk Adjusted Return||99.14%||88%||B+||89%||B+|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The company has under performed its peers on annual average total returns in the past 5 years.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.