Morningstar

Medalist Partners MBS Total Return Fund - Class A SEMOX

Medalist Rating as of Aug 31, 2026 See Medalist Partner Investment Hub

Strategy

The investment seeks to provide a high level of risk-adjusted current income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities ("MBS"). The weighted average maturity of the fund's MBS investments will generally range from between 1 and 10 years and the fund may invest without limit in MBS that are rated below investment grade (i.e., "high yield" or "junk" ratings).

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
SEMPX	Medalist Partners MBS Total Return Fund - Investor Class	No Load	Open			Jul 22, 2013	$17.43M	1.140%	High	$2,500	−$4.76M
SEMMX	Medalist Partners MBS Total Return Fund - Institutional Class	Institutional	Open			Jul 22, 2013	$291.07M	0.890%	High	$1M	$14.86M
SEMOX	Medalist Partners MBS Total Return Fund - Class A	Front Load	Open			Dec 18, 2015	$5.87M	1.140%	High	$1,000	−$1.99M

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