AHHX

Adaptive High Income ETF
*Unless otherwise stated, data provided by FactSet.

AHHX Fund Description

AHHX is an actively-managed global portfolio of income-producing securities including fixed income, MLPs and REITS. The fund uses a market trend analysis to initiate periods of hedging.

AHHX Factset Analytics Insight

AHHX provides exposure to income-producing securities such as large-cap equity securities, convertibles, preferreds, MLPs, REITS, and fixed income. The fund will lean towards global broad-based fixed income securities, allocating at least 40% in below investment grade. AHHX will also include inverse high yield investments to provide a hedge during negative credit events. The portfolio is constructed using an investment model that factors in price momentum, volatility, comparative indicators, and a recession model. When the model shows a negative market trend, the portfolio may hedge its positions by investing in treasury bonds, ETNs and leveraged/inverse ETFs. As an actively managed fund, AHHX may have a high level of portfolio turnover. Effective as of the close of business on Nov. 12, 2021, the fund was converted from Adaptive Hedged High Income Fund, an open-end mutual fund to an ETF, with $53 million USD in assets.

PERFORMANCE [as of 06/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AHHX -6.23% -10.50% -17.57% -- -- -- --
AHHX (NAV) -6.10% -9.86% -17.06% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AHHX Summary Data

Cavalier16
Adaptive
11/12/21
Open-Ended Fund
0.92%
$40.84M
0.39%

AHHX Portfolio Data

--
N/A

AHHX Index Data

No Underlying Index
Proprietary
Proprietary
N/A

AHHX Fund Structure

No
No
-- / --
N/A
N/A
Medium
N/A
N/A

AHHX Tax Exposures

20.00% / 39.60%
--
No

AHHX Factset Analytics Block Liquidity

As of 06/23/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of AHHX. AHHX is rated a N/A out of 5.

AHHX Tradability

70,582
$643.78K
5,097
$45.28K
0.39%
$0.04
0.19%
3.07% / -1.87%
None
--
10,000
0.51
--
--
0
$8.48
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.