- What does CPITX invest in?
- The fund invests in mutual funds, closed-end funds and passively and actively managed exchange traded funds ("ETFs") that invest in (i) high yield instruments (also known as "junk bonds") (including bonds, bank loans, preferred stock, floating rate bonds and debt and municipal high yield debt); (ii) obligations issued or guaranteed by the United States government, its agencies or instrumentalities, including U.S. treasuries (with an average duration of up to 5 years); and (iii) cash and cash equivalents (including money market funds).
- What is the expense ratio of CPITX?
- Counterpoint Tactical Income Fund Class I (CPITX) charges an expense ratio of 1.87%. This is the annual fee deducted from fund assets to cover management and operations.
- What is CPITX's dividend yield?
- CPITX's trailing-twelve-month yield is 4.93%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of CPITX?
- Effective duration measures CPITX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CPITX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of CPITX?
- CPITX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of CPITX?
- Yield to maturity (YTM) is the total return you'd earn from CPITX if every bond in the portfolio is held to maturity at the current price. CPITX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
