Fund Overview
The Fund seeks current income and realized gains from writing options with capital appreciation as a secondary objective.
At A Glance
-
Minimum Investment
$100,000 -
Investment Style
Large Value -
Category
Options-based -
Share Class Inception Date
10/01/13 -
Total Fund Assets as of 9/30/21
$105 Mil -
3 Yr Return as of 9/30/21
6.65% -
5 Yr Return as of 9/30/21
7.98% -
1 Yr Morningstar Quartile Rank
1 -
3 Yr Morningstar Quartile Rank
3 -
5 Yr Morningstar Quartile Rank
2
-
Minimum Investment
$2,500 -
Investment Style
Large Value -
Category
Options-based -
Share Class Inception Date
10/01/13 -
Total Fund Assets as of 9/30/21
$105 Mil -
3 Yr Return as of 6/30/21
6.37% -
5 Yr Return as of 6/30/21
7.70% -
1 Yr Morningstar Quartile Rank
1 -
3 Yr Morningstar Quartile Rank
3 -
5 Yr Morningstar Quartile Rank
2
Investment Performance
As of 9/30/21
Maximum Sales Charge of 5.25%
| 3-Month | YTD | 1-Year | 3-Year | 5-year | Since Inception 10/1/13 |
|
|---|---|---|---|---|---|---|
| TCBIX | -1.80% | 14.65% | 36.23% | 6.65% | 7.98% | 7.30% |
| TCBAX | -1.85% | 14.44% | 35.96% | 6.37% | 7.70% | 7.02% |
| TCBAX With Load | -7.04% | 8.46% | 28.78% | 4.47% | 6.54% | 6.30% |
| BXM Index | 1.35% | 12.61% | 21.10% | 4.15% | 6.95% | 7.06% |
| Russell 1000 Value Index | -0.78% | 16.14% | 35.01% | 10.07% | 10.94% | 10.37% |
| S&P 500 | 0.58% | 15.92% | 30.00% | 15.99% | 16.90% | 14.60% |
*The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost.
There is no assurance that the fund will achieve its investment objectives.
The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until January 31, 2022 the Fund’s gross total annual operating expenses would be 1.80% for Class A and 1.55% for Class I. The net annual fund operating expenses are 1.76% and 1.51% of the Fund’s average daily net assets for its Class A and Class I shares, subject to possible recoupment from the Fund in future years. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. For performance information current to the most recent month-end, please call 855-525-2151.
Top 10 Equity Holdings
as of 9/30/21
| Security Description | Net Asset % |
|---|---|
| Intel | 4.05% |
| IBM | 3.83% |
| Verizon | 3.59% |
| Gilead | 3.32% |
| Kirkland | 3.16% |
| QUALCOMM | 2.94% |
| JPMorgan | 2.80% |
| Merck | 2.62% |
| Coca-Cola | 2.49% |
| Chevron | 2.47% |
*Portfolio holdings are subject to change and should not be considered investment advice.
Historical Distribution
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|
| TCBIX | $1.12 | $0.53 | $0.72 | $0.74 | $1.01 | $0.63 | $0.42 |
| TCBAX | $1.09 | $0.48 | $0.68 | $0.69 | $0.98 | $0.61 | $0.40 |