ASARX : Asset Management Fund Ultra Short Mortgage Fund

ASARX is a Alternative Market Short with HIGH fees.


Asset Management Fund Ultra Short Mortgage Fund

FI Score

1 /100

Expense Ratio Rating

0 /10

Expense Rating

0 /10

Market Score

0 /10

Category Score

0 /10

Market Size

0 /10

  • asarx
  • Mutual Fund
  • Alternative
  • Short

Asset Management Fund Ultra Short Mortgage Fund

Expenses: 1.40% (Better than 0% of similar funds)

This is a bad choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks to achieve as high a level of current income as is consistent with the preservation of capital, the maintenance of liquidity and the differing average maturity of investments held by the fund. Under normal market conditions, the fund will invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in mortgage investments and mortgage-related instruments. Under normal market and interest rate conditions, it seeks to maintain a minimum duration of a 1-Year U.S. Treasury Note and a maximum duration of a 2-Year U.S. Treasury Note.

Largest Holdings

Amount Holding
55.03% Government National Mortgage Association 1.1%
31.45% Federal Home Loan Mortgage Corporation 1.13%
1.47% Federal National Mortgage Association 3.53%
1.09% Federal Home Loan Mortgage Corporation 4.04%
0.60% Federal National Mortgage Association 4.11%
0.03% Federal National Mortgage Association 3.13%

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