# Issachar Fund Class N (LIONX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lionx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2014-03-07 The Adviser implements a dynamic investment approach, strategically taking both long and short positions across various equity and fixed-income instruments. The fund gains exposure through individual securities, exchange-traded funds (ETFs), and other collective investment schemes. To potentially boost returns, the fund has the discretion to employ considerable leverage, with long exposures permitted up to 300% and short exposures up to 150% of its net assets. These magnified positions, targeting both stock and bond markets, can be achieved either directly or through sophisticated derivativ... ## Key Facts | Metric | Value | |---|---| | Price | $10.09 | | Expense Ratio | 3.52% | | Assets Under Management | $9.7M | | NAV | $10.09 (2025-09-25 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $9.16 – $10.52 | | Beta | 0.34 | ## Latest Distribution - Amount: $0.0378 /share - Ex-date: 2023-06-29 - Pay date: 2023-06-29 ## Frequently Asked Questions ### What does LIONX invest in? The Adviser implements a dynamic investment approach, strategically taking both long and short positions across various equity and fixed-income instruments. The fund gains exposure through individual securities, exchange-traded funds (ETFs), and other collective investment schemes. To potentially boost returns, the fund has the discretion to employ considerable leverage, with long exposures permitted up to 300% and short exposures up to 150% of its net assets. These magnified positions, targeting both stock and bond markets, can be achieved either directly or through sophisticated derivative contracts such as total return swaps and futures. ### What is the expense ratio of LIONX? Issachar Fund Class N (LIONX) charges an expense ratio of 3.52%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of LIONX? Effective duration measures LIONX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. LIONX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of LIONX? LIONX'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 LIONX? Yield to maturity (YTM) is the total return you'd earn from LIONX if every bond in the portfolio is held to maturity at the current price. LIONX'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. ### How big is LIONX? Issachar Fund Class N (LIONX) manages $9.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does LIONX pay a dividend? Issachar Fund Class N (LIONX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does LIONX pay dividends? Issachar Fund Class N pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LIONX's dividend yield? LIONX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is LIONX's next ex-dividend date? The most recently announced ex-dividend date for LIONX was 2023-06-29. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will LIONX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.52% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LIONX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LIONX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LIONX cost more than a fund like VOO? LIONX is actively managed (current expense ratio 3.52%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LIONX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LIONX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LIONX (3.52%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lionx - Distribution history: https://www.dividenddata.com/funds/lionx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lionx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lionx/expenses - Peer comparison: https://www.dividenddata.com/funds/lionx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.