Morningstar

AlphaCentric Premium Opportunity Fund Class A HMXAX

Morningstar Medalist Rating
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Medalist Rating as of See AlphaCentric Investment Hub
  • NAV / 1-Day Return $31.32  /  −1.94 %
  • Fund Size $32.7M
  • Adjusted Expense Ratio 2.320%
  • Net Expense Ratio 2.240%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Equity Hedged
  • Equity Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 2.36%
  • Turnover Ratio 0%
NAV and 1-Day Return as of

Morningstar’s Analysis HMXAX

Will HMXAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HMXAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HMXAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HMXAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

AlphaCentric Premium Opportunity A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings HMXAX

More HMXAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar Broker

47.97 16M
Cash and Equivalents

First American Treasury Obligs X

35.60 12M
Cash and Equivalents

Fidelity Inv MM Government I

13.78 5M
Cash and Equivalents

S&P 500 Index Spxw Us 09/30/26 C7400

1.69 563,400
—

S&P 500 Index Spxw Us 08/31/26 C7400

1.15 382,500
—

S&P 500 Index Spxw Us 07/31/26 C7400

0.85 284,175
—

S&P Emini 3rd Wk Jul26c 3en6c 7425 Index

0.62 208,125
—

S&P Emini 3rd Wk Jul26c 3en6c 7450 Index

0.55 184,375
—

S&P Emini 2nd Wee Jul26c 2en6c 7550 Index

0.43 143,750
—

S&P Emini 3rd Wk Jul26c 3en6c 7525 Index

0.36 119,688
—

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