AlphaCentric Premium Opportunity Fund Class A (HMXAX)
AlphaCentric Premium Opportunity Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Elkhorn, NE, US. The stock last traded at $31.34, down 0.38% on the session, giving a market capitalisation of $33.8M. Its beta of 0.73 implies it has historically moved less than the broad market.
Under typical market conditions, the fund primarily pursues its investment aims by strategically allocating capital to long and short futures contracts, alongside call and put options tied to S&P 500 Index futures. It also utilizes futures on the Cboe Volatility Index and maintains holdings in cash and highly liquid assets. Additionally, the fund retains the flexibility to invest in financial instruments designed to mirror the performance of securities indices, exchange-traded funds specifically focused on volatility, and fixed-income securities of any maturity or credit rating. This includes investments in other collective investment schemes, both related and unrelated, that hold such debt instruments.
AlphaCentric Premium Opportunity Fund Class A is most often compared with the following Financial Services names: