Nasdaq - Delayed Quote USD

Steben Managed Futures Strategy Fund Class I (SKLIX)

8.81 +0.00 (+0.01%)
At close: January 24 at 8:01 PM EST

Fund Summary

The investment seeks to achieve positive long term absolute returns with low correlation to broad equity and fixed income market returns. The fund invests generally between 60% to 80% of its assets directly in fixed income investments to generate returns and interest income, diversifying the returns of the fund's investments in managed futures. It may invest in Derivative Instruments directly or it may invest up to 25% of its total assets in a wholly owned and controlled subsidiary (Subsidiary) to pursue its managed futures strategy through investments in Derivative Investments.

Steben Managed Futures Strategy Fund Class I

Steben Alternative Investment Funds
9711 Washingtonian Boulevard, Suite 400
855-775-5571

Fund Overview

Category Systematic Trend
Fund Family Steben & Company
Net Assets 59.28M
YTD Return 5.67%
Yield 3.92%
Morningstar Rating
Inception Date Apr 01, 2014

Fund Operations

Last Dividend 0.00
Last Cap Gain 0.00
Holdings Turnover 19.02%
Average for Category --

Fees & Expenses

Expense SKLIX Category Average
Annual Report Expense Ratio (net) 1.99% 1.68%
Prospectus Net Expense Ratio 1.99% --
Prospectus Gross Expense Ratio 1.99% --
Max 12b1 Fee 0.00% --
Max Front End Sales Load -- 5.64%
Max Deferred Sales Load -- 1.00%
3 Yr Expense Projection 624 --
5 Yr Expense Projection 1,073 --
10 Yr Expense Projection 2,317 --

Management Information

Kenneth E. Steben, Lead Manager since April 01, 2014
Kenneth E. Steben is the President and Chief Executive Officer of Steben. Mr. Steben received his Bachelor’s Degree in Interdisciplinary Studies, with a concentration in Accounting in 1979 from Maharishi University of Management. Mr. Steben became a licensed stock and bond broker and a financial adviser in 1981. He holds his Series 3, 5, 7, 24, 63 and 65 FINRA licenses, and has been a CFTC listed Principal and registered as an Associated Person of Steben & Company since March 15, 1989.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers

FIKGX Fidelity Advisor Semiconductors Z
75.09
+2.09%
 
FELAX Fidelity Advisor Semiconductors A
69.28
+2.09%
 
FELIX Fidelity Advisor Semiconductors I
74.93
+2.08%
 
FELTX Fidelity Advisor Semiconductors M
64.67
+2.08%
 
FELCX Fidelity Advisor Semiconductors C
55.41
+2.08%
 
FSELX Fidelity Select Semiconductors
27.51
+2.08%
 
FSEAX Fidelity Emerging Asia
40.59
+2.01%
 
FERIX Fidelity Advisor Emerging Asia I
41.24
+2.00%
 
FIQPX Fidelity Advisor Emerging Asia Z
41.24
+2.00%
 
APHYX Artisan Developing World Fund
17.86
+2.00%
 
FEAAX Fidelity Advisor Emerging Asia A
39.32
+2.00%
 
RYCCX Rydex NASDAQ-100 2x Strategy Fund
300.49
+2.00%
 
RYVYX Rydex NASDAQ-100 2x Strategy H
416.01
+2.00%
 
RYVLX Rydex NASDAQ-100 2x Strategy A
416.13
+2.00%
 
FEATX Fidelity Advisor Emerging Asia M
37.50
+1.99%
 
FERCX Fidelity Advisor Emerging Asia C
33.44
+1.98%
 
ARTYX Artisan Developing World Investor
17.55
+1.98%
 
UOPSX ProFunds UltraNASDAQ-100 Svc
56.93
+1.97%
 
UOPIX ProFunds UltraNASDAQ-100 Inv
82.52
+1.96%
 
APDYX Artisan Developing World Fund
17.74
+1.95%
 
WWWFX Kinetics Internet No Load
76.25
+1.94%
 
KINAX Kinetics Internet Adv A
68.90
+1.94%
 
KINCX Kinetics Internet Adv C
56.37
+1.93%
 
DXQLX Direxion Mthly NASDAQ-100 Bull 1.75X Inv
67.35
+1.86%
 
FPBFX Fidelity Pacific Basin Fund
28.61
+1.85%
 
RYSIX Rydex Electronics Inv
377.79
+1.82%
 
RYSCX Rydex Electronics C
290.86
+1.82%
 
RYSAX Rydex Electronics H
332.90
+1.82%
 
RYELX Rydex Electronics Fund
343.58
+1.82%
 
UMPIX ProFunds UltraMid Cap Inv
59.74
+1.81%
 
UMPSX ProFunds UltraMid Cap Svc
46.09
+1.79%
 
FSLBX Fidelity Select Brokerage & Inv Mgmt
141.58
+1.76%
 
BIPIX ProFunds Biotechnology UltraSector Inv
54.82
+1.74%
 
BIPSX ProFunds Biotechnology UltraSector Svc
34.52
+1.74%
 
BIEAX Brandes International Equity A
20.37
+1.60%
 
FIQLX Fidelity Advisor Japan Z
15.97
+1.59%
 
FJPNX Fidelity Japan
16.01
+1.59%
 
BIECX Brandes International Equity C
19.92
+1.58%
 
BIIEX Brandes International Equity I
20.59
+1.58%
 
FJPCX Fidelity Advisor Japan C
15.48
+1.57%
 
FJPIX Fidelity Advisor Japan I
16.14
+1.57%
 
BIERX Brandes International Equity R6
20.77
+1.56%
 
CCWSX Baird Chautauqua International Gr Inv
17.09
+1.54%
 
FJPTX Fidelity Advisor Japan M
15.78
+1.54%
 
FPJAX Fidelity Japan Fund
15.88
+1.53%
 
CCWIX Baird Chautauqua International Gr Instl
17.23
+1.53%
 
CCGIX Baird Chautauqua Global Growth Instl
21.60
+1.50%
 
CWVCX Calvert International Equity C
18.36
+1.49%
 
CWVGX Calvert International Equity A
21.97
+1.48%
 
VTRIX Vanguard International Value Inv
40.63
+1.47%
 
CCGSX Baird Chautauqua Global Growth Inv
21.35
+1.47%
 
CIESX Calvert International Equity R6
23.60
+1.46%
 
FGFCX Federated Hermes International Leaders C
33.35
+1.46%
 
WCMSX WCM International Small Cap Growth Instl
19.47
+1.46%
 
CWVIX Calvert International Equity I
23.66
+1.46%
 
DODFX Dodge & Cox International Stock Fund
49.65
+1.45%
 
PWIYX PACE International Equity Y
17.49
+1.45%
 
FATEX Fidelity Advisor Technology M
90.25
+1.45%
 
FATIX Fidelity Advisor Technology I
112.12
+1.45%
 
FIKHX Fidelity Advisor Technology Z
112.13
+1.45%
 
FGFRX Federated Hermes Intl Leaders R
36.45
+1.45%
 
PWGAX PACE International Equity A
17.60
+1.44%
 
FADTX Fidelity Advisor Technology A
99.31
+1.44%
 
FGRSX Federated Hermes Intl Leaders R6
36.72
+1.44%
 
FGFAX Federated Hermes International Leaders A
36.73
+1.44%
 
FTHCX Fidelity Advisor Technology C
72.77
+1.44%
 
FGFLX Federated Hermes Intl Leaders IS
36.77
+1.43%
 
FSPTX Fidelity Select Technology
29.70
+1.43%
 
BIVIX Invenomic Institutional
18.96
-0.78%
 
NAIGX Nuveen International Value A
27.61
+1.43%
 
VWILX Vanguard International Growth Adm
102.58
+1.42%
 
NGRRX Nuveen International Value I
27.81
+1.42%
 
FMCKX Fidelity Advisor Focused Emerging Markets Fund
27.14
+1.42%
 
COAGX Caldwell & Orkin - Gator Capital L/S Fd
41.49
+1.42%
 
VWIGX Vanguard International Growth Inv
32.25
+1.42%
 
FTMKX Fidelity Advisor Focused Em Mkts M
28.87
+1.40%
 
NCIGX Nuveen International Value C
26.08
+1.40%
 
SCVEX Hartford Schroders International Stock Fund
17.43
+1.40%
 
PCIEX PACE International Equity P
17.43
+1.40%
 
HSWRX Hartford Schroders International Stk R3
16.72
+1.39%
 
FAMKX Fidelity Advisor Focused Em Mkts A
29.18
+1.39%
 
BTMPX iShares MSCI EAFE Intl Idx Inv P
15.34
+1.39%
 
HSWSX Hartford Schroders International Stk R4
16.81
+1.39%
 
FZAEX Fidelity Advisor Focused Emerging Markets Fund
29.25
+1.39%
 
SCIJX Hartford Schroders International Stk SDR
16.84
+1.38%
 
SCIEX Hartford Schroders International Stk I
16.84
+1.38%
 
HSWTX Hartford Schroders International Stk R5
16.85
+1.38%
 
FIMKX Fidelity Advisor Focused Em Mkts I
29.31
+1.38%
 
HSWFX Hartford Schroders International Stk F
16.86
+1.38%
 
HSWYX Hartford Schroders International Stk Y
16.89
+1.38%
 
MAIIX iShares MSCI EAFE Intl Idx Instl
15.52
+1.37%
 
BTMKX iShares MSCI EAFE Intl Idx K
15.54
+1.37%
 
AFCGX American Century Focused Intl Gr G
16.38
+1.36%
 
MSEIX AMG Veritas Asia Pacific I
61.20
+1.36%
 
HSWCX Hartford Schroders International Stk C
16.47
+1.35%
 
FACGX Fidelity Advisor Growth Opps C
111.05
+1.35%
 
MIPTX Matthews Pacific Tiger Fund
18.01
+1.35%
 
MAPTX Matthews Pacific Tiger Investor
18.01
+1.35%
 
CNPIX Consumer Staples UltraSector ProFund Inv
70.59
+1.35%
 
FZAHX Fidelity Advisor Growth Opportunities Fund
156.38
+1.35%