AXSAX:NASDAQ
Axonic Strategic Income Fund Class A Shares – AXSAX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
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| 8.83 | 0.00 (0.00%) | 8.74 - 8.94 | -- |
Market data as of 12:00AM 04/04/25. Quotes are delayed by at least 15 min.
Overview - AXSAX
The investment seeks to maximize total return, through a combination of current income and capital appreciation.
In pursuing its investment objective, the fund seeks to maximize risk-adjusted total returns by investing primarily in income-producing instruments (i.e., under normal circumstances, the fund will invest at least 60% of its net assets in income-producing instruments). It also may invest in real estate investment trusts ("REIT"), equity securities of companies whose business is substantially related to the mortgage business, and mortgage derivatives such as stripped RMBS and inverse floaters.
Growth of $10,000 (10 Years)
| Total Return | 4.86% |
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| Yield (Trailing 12 Mo.) | 6.98% |
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| Expense Ratio | 1.44% |
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| Front Load | 2.25% |
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| Deferred Load | None |
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| Minimum Investment | $2,500 |
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| Management Tenure | 5 Years |
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| Fund Inception | 07/16/2020 |
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Trailing Total Returns - AXSAX
as of 03/31/2025
| Timeframe | AXSAX | S&P 500 | Multisector Bond |
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| 1 Month | 0.44% | -5.63% | -0.32% |
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| 3 Month | 1.96% | -4.27% | 1.82% |
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| Year-to-Date | 1.96% | -4.27% | 1.82% |
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| 1 Year | 7.68% | 8.25% | 6.36% |
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| 3 Year | 4.89% | 9.06% | 3.20% |
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| 5 Year | 5.54% | 18.59% | 4.86% |
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| 10 Year | -- | 12.50% | 3.18% |
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| Since Inception | 4.86% | 10.98% | -- |
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Sector Allocation - AXSAX
as of 03/31/2025
| Basic Materials | | 0.00% |
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| Consumer Cyclical | | 0.00% |
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| Financial Services | | 0.00% |
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| Real Estate | | 100.00% |
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| Consumer Defensive | | 0.00% |
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| Healthcare | | 0.00% |
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| Utilities | | 0.00% |
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| Communication Services | | 0.00% |
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| Energy | | 0.00% |
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| Industrials | | 0.00% |
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| Technology | | 0.00% |
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Asset Allocation - AXSAX
as of 03/31/2025
| By Percent | Short | 0% | Long | Net |
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| Stock | 0.00 | | | 0.01 | 0.01 |
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| Bond | 3.31 | | | 96.61 | 93.30 |
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| Other | 1.53 | | | 1.33 | -0.19 |
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| Foreign Stock | 0.00 | | | 0.00 | 0.00 |
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| Foreign Bond | 0.00 | | | 0.84 | 0.84 |
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| Total | 4.84 | | | 98.79 | 93.96 |
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| Cash | 9.01 | | | 13.74 | 4.73 |
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| Total Net Assets | $3.22B |
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| Total Stock Holdings | 1 |
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| Total Bond Holdings | 430 |
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Top Ten Holdings - AXSAX
as of 03/31/2025
| Company | YTD Return | % of Assets |
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| FGXXX | -- | 10.29% |
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| United States Treasury Notes 3.875% | -- | 9.10% |
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| LHOME MORTGAGE TRUST 2023-RTL1 7.869% | -- | 1.28% |
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| INTOWN 2022-STAY 9.3374% | -- | 1.20% |
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| EXTENDED STAY AMERICA TRUST 2021-ESH 8.12048% | -- | 1.10% |
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| BXSC COMMERCIAL MORTGAGE TRUST 2022-WSS 8.441% | -- | 1.04% |
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| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2024-RTL5 7.762% | -- | 0.99% |
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| MFA 2023-RTL2 TRUST 8.498% | -- | 0.89% |
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| Twin Hosptlty I 9% | -- | 0.84% |
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| FREMF MORTGAGE TRUST 3.958% | -- | 0.79% |
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Valuation & Growth - AXSAX
as of 03/31/2025
| Valuation | AXSAX | Category Range |
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| Price/Earnings | 11.70 | |
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| Price/Book | 0.75 | |
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| Price/Sales | 3.42 | |
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| Price/Cash Flow | -- | |
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| Dividend Yield | 8.88 | |
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| LT Earnings | | |
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| Historical Earnings | | |
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| Sales Growth | 79.25 | |
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| Cash-Flow Growth | | |
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| Book-Value Growth | -2.21 | |
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