| Top 10 | Portfolio net assets ($M) | 1-year return | 3-year return | 5-year return | Expense ratio* |
|---|---|---|---|---|---|
| Highland Long/Short Healthcare Fund A (HHCAX) | $277.8 | 36.62% | 7.64% | 13.03% | 2.92% |
| Gotham Enhanced Return Fund Institutional (GENIX) | $801.9 | 33.29% | N/A | N/A | 3.62% |
| MainStay U.S. Equity Opportunities Fund I (MYCIX) | $428.5 | 25.78% | 19.34% | 19.20% | 2.36% |
| American Century Core Equity Plus Fund A (ACPQX) | $150.8 | 23.07% | N/A | N/A | 2.12% |
| Gotham Absolute Return Fund Institutional (GARIX) | $1,543.0 | 21.21% | N/A | N/A | 3.24% |
| JPMorgan US Dynamic Plus Fund Select (JILSX) | $270.2 | 20.18% | 16.04% | 16.55% | 1.75% |
| Convergence Core Plus Fund Institutional (MARNX) | $321.8 | 18.74% | 17.01% | N/A | 2.21% |
| Virtus Dynamic AlphaSector Fund A (EMNAX) | $2,690.4 | 17.41% | 11.68% | 6.33% | 3.06% |
| Highland Long/Short Equity Fund Z (HEOZX) | $1,064.4 | 14.60% | 6.90% | 7.12% | 2.37% |
| Robeco Boston Partners Long/Short Research Fund Institutional (BPIRX) | $4,402.7 | 13.89% | 10.87% | N/A | 2.75% |
| Bottom 5 | |||||
| Direxion Indexed Managed Futures Strategy A (DXMAX) | $102.6 | -12.93% | N/A | 0.00% | 1.45% |
| Forward Credit Analysis Long/Short Fund Inv (FLSRX) | $111.1 | -10.15% | 2.50% | 5.98% | 1.84% |
| Columbia Absolute Return Enhanced Multi-Strategy Z (CEMZX) | $143.4 | -6.22% | 0.08% | N/A | 1.57% |
| Altegris Macro Strategy Fund I (MCRIX) | $127.5 | -5.96% | -7.01% | N/A | 2.09% |
| Pacific Life Currency Strategies P | $135.2 | -5.71% | N/A | N/A | 0.88% |
| Total/average | $318,388.9 | 3.99% | 3.29% | 5.72% | 2.09% |
| LIBOR USD 3 Months | 0.25% | 0.33% | 0.34% |
Assets as of April 30, returns as of June 3. Distinct classes and funds with $100 million portfolio minimum only. Excludes leveraged and inverse funds. Funds closed to new investors have been omitted for the top-10 grouping. Rankings are based on unrounded figures. Three and five-year returns are annualized. In case of multiple share classes, the oldest share class is listed. N/A = not available (fund has been in operation for less than the year indicated). *Net prospectus Source: Lipper
The Reddit trading community's formal comment letter against the proposal is drawing widespread attention across finance and tech circles.
RIA aggregator adds $4.8 billion in client assets across seven states as demand grows for alternatives to traditional succession models.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.
UBS has a history of costly litigation stemming from the sale of volatile investment products.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
