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Tactical Core Income Fund

SSIRX
NAV as of 7/01/2024
$19.76
1 Day NAV Change as of 7/01/2024
-0.06
(-0.30%)
NAV Total Return as of 7/01/2024
1.04%
Morningstar Rating™
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Asset Allocations

Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy any individual security.

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Monthly Breakdown

Historical Breakdown

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Holdings

Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy any individual security.

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Ratings

 

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Morningstar Rating™

Overall rating out of 286 Nontraditional Bond investments as of December 31, 2023. An investment’s overall Morningstar Rating™, based on risk-adjusted return, is a weighted average of its applicable three-, five- and ten-year (if applicable) Morningstar Rating™ metrics.

Performance

 

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Performance through Jul 1, 2024

Annual Return through Jun 30, 2024

Total Annual Operating Expenses are 1.32%, no Sales Charge (commission or “load”) or 12b-1 fee.

The performance presented above is net of the maximum sales charge (“load”) for the respective share class.

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 1-866-738-4363 (1-866-RETI-FND).

(1) Represents the percentage increase/decrease in the net asset value from the prior trading day.

(2) Performance for periods of less than one year is not annualized.

(3) The inception date of the Sierra Tactical Core Income Fund is December 27, 2011.

Distributions

 

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to

Record Date: The date the distribution amount is declared.
Ex-Date / Pay Date: The date the distribution is paid to investors.

Fund Fact Sheets

 

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Sierra Tactical Core Income Fund - Instl Class - Fact Sheet Download
Sierra Tactical Core Income Fund - Class A & C - Fact Sheet Download

Resources

 

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Top ResourcesView all resources

Rules-Based Process in Motion Snapshot Sierra Tactical Core Income Fund
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Rules-Based Process in Motion Snapshot: Sierra Tactical Core Income Fund

Allocation / Performance Reports

Reflects how our truly tactical rules-based investment process reacted due to market movement in the Sierra Tactical Core Income Fund through May 31, 2024.
Sierra Tactical Core Income Fund Performance Snapshot
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Sierra Tactical Core Income Fund: Performance Snapshot

Allocation / Performance Reports

Monthly performance analysis booklet for Sierra Tactical Core Income Fund sourced through Morningstar. Updated through May 31, 2024.
Navigate Through Our Solutions
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Foundational Product Information

An all-in-one brochure that covers our core beliefs, investment process, funds, and strategies.
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Sierra Tactical Core Income Fund Performance vs. Fixed Income Sectors Ending December 31, 2023

Allocation / Performance Reports

A visual view of the Sierra Tactical Core Income Fund performance against fixed income sectors from 2012 to 2023.

Fund Documents

 

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Sierra Tactical Core Income Fund Summary Prospectus (January 29, 2024) Download
Sierra Tactical Core Income Fund Prospectus (January 29, 2024) Download
Sierra Mutual Funds Statement of Additional Information (January 29, 2024) Download
Sierra Mutual Funds Quarterly Holdings Report (December 31, 2023) Download
Sierra Mutual Funds Quarterly Holdings Report (June 30, 2023) Download
Sierra Mutual Funds Semi-Annual Report (March 31, 2024) Download
Sierra Mutual Funds Annual Report (September 30, 2023) Download

Fact Sheets & Fund Documents

 

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Asset Fact Sheets

Sierra Tactical Core Income Fund - Instl Class - Fact Sheet Download
Sierra Tactical Core Income Fund - Class A & C - Fact Sheet Download

Asset Fund Documents

Sierra Tactical Core Income Fund Summary Prospectus (January 29, 2024) Download
Sierra Tactical Core Income Fund Prospectus (January 29, 2024) Download
Sierra Mutual Funds Statement of Additional Information (January 29, 2024) Download
Sierra Mutual Funds Quarterly Holdings Report (December 31, 2023) Download
Sierra Mutual Funds Quarterly Holdings Report (June 30, 2023) Download
Sierra Mutual Funds Semi-Annual Report (March 31, 2024) Download
Sierra Mutual Funds Annual Report (September 30, 2023) Download

Overview

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Investment Objectives

The Fund’s two investment objectives are to provide total return (with income contributing a significant part) and to limit volatility and downside risk.

The Portfolio Managers analyze and allocate portions of the fund’s portfolio to a wide range of income-oriented asset classes. Each decision must serve one or both of the fund’s two goals: to enhance total return and/or to reduce the overall volatility and downside risk of the portfolio.

The Sierra Tactical Core Income Fund seeks to pay a monthly dividend to its shareholders.