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Trending ETFs

AlphaCentric Robotics and Automation Fund

mutual fund
GNXCX
Payout Change
Pending
Price as of:
$11.52 -0.08 -0.69%
primary theme
N/A
GNXCX (Mutual Fund)

AlphaCentric Robotics and Automation Fund

Payout Change
Pending
Price as of:
$11.52 -0.08 -0.69%
primary theme
N/A
GNXCX (Mutual Fund)

AlphaCentric Robotics and Automation Fund

Payout Change
Pending
Price as of:
$11.52 -0.08 -0.69%
primary theme
N/A

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.52

$29 M

0.00%

3.06%

Vitals

YTD Return

4.0%

1 yr return

1.1%

3 Yr Avg Return

-8.0%

5 Yr Avg Return

2.8%

Net Assets

$29 M

Holdings in Top 10

42.2%

52 WEEK LOW AND HIGH

$11.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.06%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.52

$29 M

0.00%

3.06%

GNXCX - Profile

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return -8.0%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.61%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AlphaCentric Robotics and Automation Fund
  • Fund Family Name
    AlphaCentric Funds
  • Inception Date
    May 31, 2017
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Gahsman

Fund Description

The Fund seeks to achieve its investment objective by investing in a portfolio of U.S. and foreign common stock of companies involved in innovative and breakthrough technologies across multiple sectors. Under normal market conditions, the Fund invests at least 80% of its net assets plus any borrowings for investment purposes in companies involved in robotics-related and/or automation-related products and/or services. Such products and services include any technology, service or device that supports, aids or contributes to any type of robot; robotics action; automation system process, software or management; machine learning; objects that are able to connect and transfer data via the internet (known as “the Internet of Things”); artificial intelligence; and human/machine interfaces. The Fund’s portfolio is composed of companies with game changing technologies in sectors such as manufacturing, infrastructure, transportation, energy, healthcare, information technology, media and communication services. These companies have a minimum market capitalization of $50 million with a sequential increase in annual research and development spending and derive a substantial amount of revenues from robotics and automation related end markets. The Fund concentrates its investments (i.e., invests more than 25% of its assets) in machinery and electrical equipment industries, collectively. The Fund separately concentrates its investments (i.e., invests more than 25% of its assets) in the healthcare equipment and supplies and healthcare technology industries, collectively. The Fund expects to invest primarily in developed markets but may also invest in emerging markets. The Fund may invest in any company with a market capitalization over $50 million.

The Fund’s investment sub-advisor, Contego Capital Group, Inc. (the “Sub-Advisor”) employs proprietary bottom-up research to identify companies worldwide with innovation technologies and potential for long-term outperformance. After such innovative companies are identified, the companies are screened and only those companies meeting the Sub-Advisor’s quantitative criteria are considered for investment. Companies are sold when the initial growth potential is no longer foreseeable.

When it deems appropriate, the Sub-Advisor may endeavor to hedge market risk by investing in inverse (short) exchange-traded funds (“ETFs”), market volatility-linked ETFs, and invest in cash and cash equivalents. These ETFs may be leveraged ETFs, which are designed to produce daily returns (before fees and expenses) that are a multiple of a reference index or asset.

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GNXCX - Performance

Return Ranking - Trailing

Period GNXCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -44.3% 9.5% 91.03%
1 Yr 1.1% -51.1% 24.7% 90.32%
3 Yr -8.0%* -6.4% 28.0% 91.22%
5 Yr 2.8%* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period GNXCX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% -50.5% 18.8% 65.54%
2022 -36.6% -27.4% 103.5% 22.38%
2021 0.4% 3.5% 66.4% 34.29%
2020 38.9% -64.5% 5.6% 62.70%
2019 26.6% -9.3% 49.7% N/A

Total Return Ranking - Trailing

Period GNXCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.0% -44.3% 9.5% 91.03%
1 Yr 1.1% -51.1% 24.7% 89.03%
3 Yr -8.0%* -6.4% 28.0% 87.84%
5 Yr 2.8%* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Total Return Ranking - Calendar

Period GNXCX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% -50.6% 18.8% 65.54%
2022 -33.1% -27.4% 103.5% 22.38%
2021 4.9% 3.5% 66.4% 34.29%
2020 38.9% -64.5% 5.6% 65.08%
2019 26.6% -9.3% 53.2% N/A

NAV & Total Return History


GNXCX - Holdings

Concentration Analysis

GNXCX Category Low Category High GNXCX % Rank
Net Assets 29 M 2.31 M 71.6 B 80.63%
Number of Holdings 36 31 9561 92.50%
Net Assets in Top 10 12.3 M 452 K 5.44 B 64.38%
Weighting of Top 10 42.20% 4.2% 63.4% 21.88%

Top 10 Holdings

  1. DOOSAN ROBOTICS 5.40%
  2. SYMBOTIC INC 4.42%
  3. INTUITIVE SURGIC 4.36%
  4. PROCEPT BIOROBOT 4.33%
  5. INFINEON TECH 4.31%
  6. Krones AG 4.25%
  7. AEROVIRONMENT IN 3.91%
  8. KEYENCE CORP 3.79%
  9. SYNOPSYS INC 3.72%
  10. ATS CORP 3.71%

Asset Allocation

Weighting Return Low Return High GNXCX % Rank
Stocks
95.62% 40.59% 104.41% 41.25%
Cash
4.38% -4.41% 47.07% 46.25%
Preferred Stocks
0.00% 0.00% 1.04% 23.13%
Other
0.00% -7.94% 19.71% 40.00%
Convertible Bonds
0.00% 0.00% 7.55% 6.25%
Bonds
0.00% 0.00% 8.07% 9.38%

Stock Sector Breakdown

Weighting Return Low Return High GNXCX % Rank
Industrials
47.37% 0.00% 53.77% 1.25%
Healthcare
29.54% 0.00% 28.38% 0.63%
Technology
20.95% 0.00% 93.40% 31.25%
Consumer Cyclical
2.14% 0.00% 71.20% 95.00%
Utilities
0.00% 0.00% 70.33% 64.38%
Real Estate
0.00% 0.00% 43.48% 79.38%
Financial Services
0.00% 0.00% 75.07% 85.63%
Energy
0.00% 0.00% 36.56% 55.00%
Communication Services
0.00% 0.00% 23.15% 87.50%
Consumer Defense
0.00% 0.00% 52.28% 94.38%
Basic Materials
0.00% 0.00% 26.39% 71.25%

Stock Geographic Breakdown

Weighting Return Low Return High GNXCX % Rank
Non US
48.23% 12.39% 83.06% 18.75%
US
47.39% 6.76% 79.19% 76.88%

GNXCX - Expenses

Operational Fees

GNXCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.06% 0.43% 2.93% 1.88%
Management Fee 1.25% 0.30% 1.25% 91.88%
12b-1 Fee 1.00% 0.00% 1.00% 74.07%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

GNXCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GNXCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GNXCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 7.00% 145.00% 98.68%

GNXCX - Distributions

Dividend Yield Analysis

GNXCX Category Low Category High GNXCX % Rank
Dividend Yield 0.00% 0.00% 14.18% 18.13%

Dividend Distribution Analysis

GNXCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

GNXCX Category Low Category High GNXCX % Rank
Net Income Ratio -1.61% -1.92% 6.98% 98.73%

Capital Gain Distribution Analysis

GNXCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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GNXCX - Fund Manager Analysis

Managers

Brian Gahsman


Start Date

Tenure

Tenure Rank

May 17, 2017

5.04

5.0%

Brian currently serves as the Chief Investment Officer of the Contego Capital Group. Brian also serves as the Portfolio Manager of the AlphaCentric Robotics and Automation Fund (GNXIX). Previously, Brian, along with Robert Branton, formed Gahsman Branton, LLC to focus exclusively on making investments in businesses benefiting from the robotics and automation theme. In March of 2017, Brian and Robert Branton joined Pacific View Asset Management, where Brian was responsible for managing the PVAM Global Innovations Strategy and AlphaCentric Global Innovations Fund. In April of 2013, Brian joined investor Steve Leuthold as portfolio manager co-managing the Leuthold Strategies Fund along with a number of private accounts. In this capacity, Brian mainly focused on investments in global water, robotics & automation and biotech. In 2015, Steve Leuthold formally retired and the Leuthold Strategies Fund was closed. In April of 2008, Brian joined the Leuthold Group (Leuthold Weeden Capital Management) as an Operations Research Analyst/Institutional Trader. Prior thereto, Brian served as a Global Network Management Consultant, within the International Asset Services Group, at Wells Fargo. His responsibilities included oversight and account maintenance of Foreign Securities and American Depository Receipts. Brian graduated with a Bachelor of Business Administration in Finance from the quantitative securities analysis program of Haworth College of Business, at Western Michigan University, in July of 2004.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33