TFA Tactical Income Fund
Data updated: 2026-08-26
C000226700 — TFA Tactical Income Fund. United States Value Financials Equity · $23.43M AUM · 2.69% expense ratio. Holdings, fees, performance and SEC filings.
C000226700 Fund Overview
TFA Tactical Income Fund is a US mutual fund managed by Tactical Investment Series Trust, categorised as United States Value Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tactical Investment Series Trust
- Category: United States Value Financials Equity
- Assets under management: $23.43M
- 1-year return: -1.7%
- SEC CIK: 0001843263
- SEC series ID: S000071480
- Share class ID: C000226700
C000226700 Investment Objective and Strategy
TFA Tactical Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tactical Investment Series Trust.
Investment objective
The TFA Tactical Income Fund (the Fund) seeks to provide high current income relative to the Funds benchmark
Principal investment strategy
The Funds adviser, Tactical Fund Advisors, LLC (the Adviser), delegates the daily management of the Funds assets to multiple sub-advisers. The Adviser is responsible for the overall management of the Fund, overseeing the Funds sub-advisers and determining the amount of the Funds assets that each sub-adviser will manage, which will vary from time to time. The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in income-producing securities. These securities include both debt and equity securities. Income-producing debt securities include sovereign, municipal, and corporate debt securities, and other investment companies, including exchange-traded funds (ETFs) that invest in such securities. Income-producing equity securities include preferred stock, dividend-paying equity securities, and other investment companies, including ETFs, that invest in such securities.
The Fund may invest in debt securities or ETFs of any credit quality and with any duration, including high-yield bonds (commonly known as junk bonds). High yield bonds are securities that are generally rated below investment grade by the primary rating agencies (BBB- or lower by S&P and Baa3 or lower by Moodys). The Fund normally invests at least 50% of its total assets in ETFs that invest in both domestic and foreign U.S. Dollar-denominated securities, including leveraged fixed-income ETFs. The blend of domestic versus foreign securities will change over time according to the sub-advisers dynamic strategies, with no pre-set limitation on the percentage balance at any one time. The Funds sub-advisers invest the assets delegated to them by the Adviser as follows: Synergy Asset Management, LLC (Synergy) Synergy invests its allocation of the Funds assets via a portfolio management approach known as Focused Tactical Allocation.
This strategy seeks to position assets to capitalize on the prevailing market factors and conditions. Diverging from the conventional Modern Portfolio Theory, the strategy is constructed upon an innovative mathematical fusion of technical and fundamental insights. The strategy is consistently monitored and rests on the foundation of diligent and continuous assessment of global markets. The rebalancing process enables the strategy to adapt to changing market conditions while maintaining a disciplined approach to asset allocation. Heritage Capital Advisors, LLC (Heritage) Heritage invests its allocation of the Funds assets in a diversified portfolio of global fixed income and equity securities, providing global fixed income -oriented and equity exposure. Multiple allocation strategies are employed to enhance portfolio income and diversification.
The Fund expects to have a high portfolio turnover, which may result in higher transactional costs.
C000226700 Holdings
Top 10 holdings of TFA Tactical Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street SPDR Bloomberg High Yield Bond ETF | 24.64% |
| iShares iBoxx USD High Yield Corporate Bond ETF | 18.06% |
| State Street SPDR Bloomberg Convertible Securities ETF | 6.81% |
| ProShares UltraShort 20+ Year Treasury | 5.25% |
| iShares Core U.S. Aggregate Bond ETF | 4.22% |
| ProShares Short 7-10 Treasury | 4.21% |
| Vanguard Total Stock Market ETF | 3.63% |
| Return Stacked Bonds & Managed Futures ETF | 2.54% |
| ProShares High Yield-Interest Rate Hedged ETF | 2.51% |
| iShares Fallen Angels USD Bond ETF | 2.51% |
C000226700 Portfolio Allocation
Asset-class allocation of TFA Tactical Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 1.3% |
C000226700 Performance
Total returns for C000226700 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.7% |
| 3 years (annualised) | -5.5% |
C000226700 Risk Information
Risk metrics for C000226700, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.8%
C000226700 Costs and Fees
C000226700 costs about $269 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.69%
- Gross expense ratio: 2.86%
- Portfolio turnover: 428%
- Brokerage commissions: 4.83 bps of average net assets (SEC N-CEN)
C000226700 Cashflows
Over the 12 months to 2026-06, TFA Tactical Income Fund had net outflows of $2.97M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $127.58K |
| 2026-05 | −$88.11K |
| 2026-04 | $213.31K |
| 2026-03 | −$80.65K |
| 2026-02 | −$336.29K |
| 2026-01 | $30.31K |
C000226700 Debt Constituents
No individual debt constituents are reported in TFA Tactical Income Fund's latest SEC N-PORT filing.
C000226700 Prospectus and SEC Filings
Official TFA Tactical Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other United States Value Financials Equity 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.