Morningstar

Modern Capital Tactical Income Fund Class ADV Shares MCTDX

Medalist Rating as of Aug 31, 2026 See Modern Capital Investment Hub

Strategy

The investment seeks to provide income and capital gains. The adviser seeks to achieve the investment objective of the fund by tactically investing long primarily in publicly traded closed-end funds, domestic or foreign common stocks, exchange-traded funds (“ETFs”), sponsored American Depositary Receipts (“ADRs”), and debt instruments. It seeks income from interest payments and dividends; and seeks capital gains through short-term trading strategies. The fund invests without restriction as to issuer capitalization, currency or country. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MCTDX	Modern Capital Tactical Income Fund Class ADV Shares	No Load	Open			Jun 24, 2021	$47.18M	3.910%	High	$10,000	−$22.72M
MCTOX	Modern Capital Tactical Income Fund Class A Shares	Front Load	Open			Mar 15, 2021	$7.81M	3.910%	High	$1,000	−$3.12M

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