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Trending ETFs

Sector Rotation Fund

mutual fund
NAVFX
Payout Change
Suspended
Price as of:
$15.84 +0.12 +0.76%
primary theme
Tactical Allocation
share class
NAVFX (Mutual Fund)

Sector Rotation Fund

Payout Change
Suspended
Price as of:
$15.84 +0.12 +0.76%
primary theme
Tactical Allocation
share class
NAVFX (Mutual Fund)

Sector Rotation Fund

Payout Change
Suspended
Price as of:
$15.84 +0.12 +0.76%
primary theme
Tactical Allocation
share class

Name

As of 06/17/2024

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

Sector Rotation Fund

NAVFX | Fund

$15.84

$34.6 M

0.00%

2.18%

Vitals

YTD Return

11.0%

1 yr return

21.6%

3 Yr Avg Return

6.7%

5 Yr Avg Return

9.5%

Net Assets

$34.6 M

Holdings in Top 10

100.5%

52 WEEK LOW AND HIGH

$15.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 211.18%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

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

Sector Rotation Fund

NAVFX | Fund

$15.84

$34.6 M

0.00%

2.18%

NAVFX - Profile

Distributions

  • YTD Total Return 11.0%
  • 3 Yr Annualized Total Return 6.7%
  • 5 Yr Annualized Total Return 9.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Sector Rotation Fund
  • Fund Family Name
    Adaptive ETFs
  • Inception Date
    Dec 31, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Individual
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Grimaldi

Fund Description

Sector Rotation is a strategy that evaluates the relative strength and momentum of different sectors of the economy in order to identify short-term investment opportunities.  A sector is a segment of the market that isolates very specific types of assets.  Examples of sectors include, but are not limited to, consumer discretionary, health care, information technology, consumer staples, commodities, energy, financials, industrials, materials, real estate, telecommunications, and utilities. The Advisor employs a proprietary ranking system to identify the sectors that it believes are showing the greatest relative strength and increases the Fund’s exposure to those sectors. The Fund may also invest in a broader asset class or index based on the manager’s macro-economic forecast.
Under normal circumstances, the Fund invests in shares of exchange-traded funds (“ETFs”). An ETF is an open-end investment company that holds a portfolio of investments designed to track a particular market segment or underlying index. In seeking to achieve the Fund’s investment objectives, the Advisor may allocate Fund assets among equity ETFs representing various domestic and foreign markets, regions and countries. The Fund may invest in ETFs that hold foreign securities and American Depositary Receipts (“ADRs”) but will not invest in emerging market securities to a significant extent. The Fund may invest in ETFs designed to provide investment results that match the performance or inverse (opposite) performance of an underlying index. Based on the manager’s macro-economic forecast, the Fund may also invest in ETFs designed to provide investment results that match a positive or negative multiple of the performance of an underlying index. The Fund will invest in securities of issuers across a range of market capitalizations, including large-, small- and mid-cap issuers, but the Advisor does not anticipate that the Fund will invest in securities of micro-cap and nano-cap issuers.
In selecting investments for the Fund, the Advisor seeks to identify securities that it believes exhibit attractive valuations based on characteristics such as price movement, volatility, price to earnings ratios, growth rates, price to cash flow, and price to book ratios. With respect to the Fund’s inverse positions, the Advisor seeks to identify securities that are designed to perform inverse to indexes with valuations that the Advisor believes are unattractive based on these same characteristics. The Advisor will incorporate asset class selection as part of the Fund’s overall portfolio.  This strategic asset allocation is the process of dividing securities among different kinds of assets to optimize the risk/reward trade-off based on achieving capital appreciation. The Advisor utilizes quantitative research to determine the Fund’s weightings between stocks, and cash, allocation among sectors and industries, and exposure to domestic and foreign markets. The Fund expects to engage in active and frequent trading of its portfolio securities.
From time to time, the Fund may also focus its investments in a limited number of market sectors, which may be any of the 11 major market sectors. As of September 30, 2019, the Fund was principally invested in the consumer discretionary, consumer staples, industrials, and information technology sectors.
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NAVFX - Performance

Return Ranking - Trailing

Period NAVFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -1.8% 26.7% 9.17%
1 Yr 21.6% -6.3% 41.1% 4.61%
3 Yr 6.7%* -21.0% 12.4% 4.17%
5 Yr 9.5%* -12.0% 24.0% 6.44%
10 Yr 8.5%* -4.6% 10.1% 1.53%

* Annualized

Return Ranking - Calendar

Period NAVFX Return Category Return Low Category Return High Rank in Category (%)
2023 22.5% -18.9% 60.2% 2.76%
2022 -23.8% -48.5% 0.1% 88.89%
2021 10.1% -19.0% 48.3% 17.67%
2020 10.2% -16.5% 52.8% 20.98%
2019 12.5% -8.5% 27.3% 38.00%

Total Return Ranking - Trailing

Period NAVFX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.0% -1.8% 26.7% 9.17%
1 Yr 21.6% -6.3% 41.1% 4.61%
3 Yr 6.7%* -21.0% 12.4% 4.17%
5 Yr 9.5%* -12.0% 24.0% 6.44%
10 Yr 8.5%* -4.6% 10.1% 1.53%

* Annualized

Total Return Ranking - Calendar

Period NAVFX Return Category Return Low Category Return High Rank in Category (%)
2023 24.5% -11.7% 61.8% 2.30%
2022 -17.8% -48.5% 4.6% 81.94%
2021 15.8% -14.2% 48.3% 18.14%
2020 11.5% -11.7% 77.4% 27.80%
2019 26.4% -3.9% 28.4% 4.50%

NAV & Total Return History


NAVFX - Holdings

Concentration Analysis

NAVFX Category Low Category High NAVFX % Rank
Net Assets 34.6 M 1.98 M 13.3 B 81.65%
Number of Holdings 10 3 2550 92.20%
Net Assets in Top 10 35.4 M 1.37 M 10.3 B 72.02%
Weighting of Top 10 100.47% 21.1% 120.6% 6.42%

Top 10 Holdings

  1. ETF 17.83%
  2. ETF 17.30%
  3. ETF 16.74%
  4. ETF 13.51%
  5. MONEYMKT 9.70%
  6. ETF 9.20%
  7. ETF 7.26%
  8. ETF 4.05%
  9. ETF 3.40%
  10. ETF 1.48%

Asset Allocation

Weighting Return Low Return High NAVFX % Rank
Stocks
90.77% 0.00% 139.66% 54.13%
Cash
9.70% -33.22% 88.48% 29.82%
Convertible Bonds
0.12% 0.00% 8.92% 38.99%
Preferred Stocks
0.00% -0.07% 5.36% 27.06%
Other
0.00% -29.71% 137.85% 50.46%
Bonds
0.00% 0.00% 106.59% 47.71%

Stock Sector Breakdown

Weighting Return Low Return High NAVFX % Rank
Healthcare
22.01% 0.00% 38.63% 9.24%
Technology
17.08% 0.00% 85.77% 50.00%
Consumer Defense
14.19% 0.00% 37.51% 14.67%
Consumer Cyclical
10.95% 0.00% 25.83% 28.26%
Financial Services
10.43% 0.00% 98.22% 60.87%
Communication Services
8.40% 0.00% 21.61% 17.39%
Basic Materials
7.96% 0.00% 56.73% 12.50%
Utilities
4.70% 0.00% 91.12% 30.43%
Industrials
2.79% 0.00% 23.85% 84.78%
Energy
0.88% 0.00% 60.89% 85.87%
Real Estate
0.61% 0.00% 99.45% 80.98%

Stock Geographic Breakdown

Weighting Return Low Return High NAVFX % Rank
US
90.77% 0.00% 139.66% 52.29%
Non US
0.00% -1.94% 38.99% 33.03%

NAVFX - Expenses

Operational Fees

NAVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.18% 0.49% 10.24% 28.90%
Management Fee 1.00% 0.00% 1.50% 67.89%
12b-1 Fee 0.25% 0.00% 1.00% 38.62%
Administrative Fee 0.10% 0.05% 0.70% 48.94%

Sales Fees

NAVFX 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% 1.00% N/A

Trading Fees

NAVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

NAVFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 211.18% 1.75% 441.00% 81.71%

NAVFX - Distributions

Dividend Yield Analysis

NAVFX Category Low Category High NAVFX % Rank
Dividend Yield 0.00% 0.00% 24.95% 84.40%

Dividend Distribution Analysis

NAVFX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual SemiAnnual Annual

Net Income Ratio Analysis

NAVFX Category Low Category High NAVFX % Rank
Net Income Ratio -0.95% -2.01% 13.72% 84.40%

Capital Gain Distribution Analysis

NAVFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

NAVFX - Fund Manager Analysis

Managers

Mark Grimaldi


Start Date

Tenure

Tenure Rank

Dec 31, 2009

12.42

12.4%

Mark A. Grimaldi, CFS, is a founder, President and part owner of Navigator Money Management, Inc. Mr. Grimaldi also serves as Vice President of Prestige Financial, Inc. He began his career in money management in 1986 as an Investment Coordinator at Meyer Handelman Company in New York. After two years, he joined Prime Financial Services as Director of Operations. In 1992, Mr. Grimaldi accepted a position as Manager, Securities Operations at Marshall & Sterling Consultants in Poughkeepsie, New York. In 1997, he earned the Certified Fund Specialist (CFS) designation. Mr. Grimaldi has held various securities licenses including Series 6, 7, 24, & 63. From March of 1989 through October 2005, Mr. Grimaldi coordinated and taught securities training classes at Dutchess Community College, Poughkeepsie, New York. In 2004, Mr. Grimaldi became Chief Portfolio Manager of the Navigator Newsletters for which he currently writes the lead economic forecast article. Mr. Grimaldi co-managed 80% of the original Navigator Fund from January 1, 2008 through January 30, 2009. Mr. Grimaldi graduated Albany State University in 1985 with a BA degree in Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.83 6.67 13.0