HRSFX – Rational Premium Income C Investment Strategy | Morningstar

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Strategy

The investment seeks total return consisting of long-term capital appreciation and income. The fund seeks to achieve its investment objective by implementing options strategies on the Standard & Poor’s 500 Index (“S&P 500®”), futures contracts on the S&P 500®, or options and futures contracts on similar U.S. stock indexes, and/or their underlying constituents. Options strategies may include buying and selling options, buying and selling option spreads, and writing covered call options.

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
HRSTX	Rational Premium Income Fund Class Institutional	Institutional	Open			May 1, 2007	$19.05M	2.030%	High	$1,000	−$27.21M
HRSAX	Rational Premium Income Fund Class A	Front Load	Open			May 1, 2007	$1.19M	2.280%	High	$1,000	−$632,106.44
HRSFX	Rational Premium Income Fund Class C	Level Load	Open			May 31, 2016	$1.85M	3.030%	High	$1,000	−$454,040.76

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