AXSPX — AXS Adaptive Plus Fund
Data updated: 2026-08-21
AXSPX — AXS Adaptive Plus Fund. Long-Short · $34.87M AUM · 1.99% expense ratio · 21.5% 1-yr return. Holdings, fees, performance and SEC filings.
AXSPX Fund Overview
AXSPX — AXS Adaptive Plus Fund is a US mutual fund managed by Investment Managers Series Trust II, categorised as Long-Short. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Investment Managers Series Trust II
- Category: Long-Short
- Assets under management: $34.87M
- 1-year return: 21.5%
- Ticker: AXSPX
- SEC CIK: 0001587982
- SEC series ID: S000077472
- Share class ID: C000237932
AXSPX Holdings
Top 4 holdings of AXS Adaptive Plus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 28.58% |
| JPMorgan US Government Money M | 26.50% |
| Nomura Galaxy Profit Score Adaptive Regim / | 22.75% |
| Treasury Bill | 22.57% |
AXSPX Portfolio Allocation
Asset-class allocation of AXS Adaptive Plus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 51.1% |
| Cash & Equivalents | 26.5% |
| Derivatives | 22.7% |
AXSPX Performance
Total returns for AXSPX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 19.2% |
| 1 year | 21.5% |
| 3 years (annualised) | 10.3% |
AXSPX Risk Information
Risk metrics for AXSPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
AXSPX Costs and Fees
AXSPX costs about $199 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.99%
- Gross expense ratio: 2.14%
- Portfolio turnover: 0%
- Brokerage commissions: 1.17 bps of average net assets (SEC N-CEN)
AXSPX Cashflows
Over the 12 months to 2026-06, AXS Adaptive Plus Fund had net outflows of $10.31M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$273.98K |
| 2026-05 | $203.23K |
| 2026-04 | −$1.14M |
| 2026-03 | −$596.86K |
| 2026-02 | −$349.75K |
| 2026-01 | −$1.81M |
AXSPX Debt Constituents
Largest debt holdings of AXS Adaptive Plus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 28.58% |
| Treasury Bill | 22.57% |
AXSPX Prospectus and SEC Filings
Official AXS Adaptive Plus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2026-02-04
- Prospectus supplement (497) — filed 2025-02-05
- Prospectus supplement (497) — filed 2024-02-05
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2024-12-12
- Annual census (N-CEN) — filed 2023-12-14
Related Funds
Other Long-Short funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.