|WBI Tactical DG Institutional|
ADVISORS SERIES TRUST(WBI)c/o U.S. Bancorp Fund Services, LLC, 615 E MICHIGAMILWAUKEE WI 53202
|Category:||Allocation--70% to 85% Equity|
|Fund Family:||WBI FUNDS|
|Fund Inception Date:||Dec 29, 2010|
|Gary E. Stroik|
Lead Manager since Dec 29, 2010
|Mr. Stroik is Vice President of WBI Investments, as well as Chief Investment Officer and Lead Portfolio Manager. He is also the Chairman of WBI’s Investment Committee. In addition to his duties as CIO, Gary served as the firm’s Chief Compliance Officer from January 2004 to June 2013.
Mr. Stroik’s service with the firm dates back to 1990 when he began to help develop the firm’s proprietary value-oriented, dividend-based, risk-managed investment approach it has today. Mr. Stroik’s exhaustive economic analysis and research have proven to be integral in running WBI’s investment management process.
Mr. Stroik has been published frequently in print media and has also done several industry radio shows. Mr. Stroik is co-author of “All About Dividend Investing”, published by McGraw Hill in 2011.
Mr. Stroik received a B.A. in Honors English and Fine Arts from Georgetown University.|
|Min Initial Investment:||250,000|
|Min Initial Investment, IRA:||250,000|
|Min Initial Investment, AIP:||250,000|
|Min Subsequent Investment:||250|
|Min Subsequent Investment, IRA:||N/A|
|Min Subsequent Investment, AIP:||100||
|The investment seeks long-term capital appreciation and current income.
The fund will seek to invest in dividend-paying equity securities of foreign and domestic companies. It may invest in non-dividend paying equities, domestic and foreign fixed income securities, exchange-traded funds ("ETFs"), exchange-traded notes ("ETNs"), and/or in option strategies to enhance the fund's returns or to mitigate risk and volatility. The fund may also use options on indices. It may also invest in cash or cash equivalents as part of the normal operation of its investment process, including for extended periods.|
|Last Cap Gain
(Sep 29, 2015)
|Annual Holdings Turnover
(May 25, 2016)
|Average for Category:||58.10%|
|Annual Report Expense Ratio (net):||1.51%||0.90%|
|Prospectus Net Expense Ratio:||1.53%||N/A|
|Prospectus Gross Expense Ratio:||1.48%||N/A|
|Max 12b1 Fee:||0.00%||N/A|
|Max Front End Sales Load:||N/A||5.30%|
|Max Deferred Sales Load:
|3 Yr Expense Projection*:||483||562|
|5 Yr Expense Projection*:||834||883|
|10 Yr Expense Projection*:||1,824||1,790|