HMXAX – AlphaCentric Premium Opportunity A Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in long and short futures and call and put options on futures on the S&P 500 Index; futures contracts on the Cboe Volatility Index; and cash and cash equivalents. It may also invest in securities that represent the return of a securities index; volatility exchange traded funds; and income securities of any maturity or credit quality, and investment companies that invest in such income securities (including affiliated and unaffiliated investment companies).

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
HMXIX	AlphaCentric Premium Opportunity Fund Class I	Institutional	Open			Sep 30, 2016	$29.96M	2.070%	High	$2,500	−$8.71M
HMXAX	AlphaCentric Premium Opportunity Fund Class A	Front Load	Open			Sep 30, 2016	$2.30M	2.320%	High	$2,500	−$682,333.41
HMXCX	AlphaCentric Premium Opportunity Fund Class C	Level Load	Open			Sep 30, 2016	$745,088.00	3.070%	High	$2,500	−$453,806.87

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