CTROX — Adaptive Tactical Rotation Fund
Data updated: 2021-10-26
CTROX — Adaptive Tactical Rotation Fund. Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity · $23.28M AUM. Holdings, fees, performance and SEC filings.
CTROX Fund Overview
CTROX — Adaptive Tactical Rotation Fund is a US mutual fund managed by Starboard Investment Trust, categorised as Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Starboard Investment Trust
- Category: Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $23.28M
- 1-year return: 19.7%
- Ticker: CTROX
- SEC CIK: 0001464413
- SEC series ID: S000038306
- Share class ID: C000118212
CTROX Investment Objective and Strategy
Adaptive Tactical Rotation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Starboard Investment Trust.
Investment objective
"The Cavalier Tactical Rotation Fund (the ""Fund"") seeks capital appreciation."
Principal investment strategy
"The Fund's portfolio manager seeks to achieve the Fund's investment objective of capital appreciation by investing in exchange-traded funds (""ETFs"") that are registered under the Investment Company Act of 1940, as amended (the ""1940 Act"") and not affiliated with the Fund (""Portfolio Funds""). The Fund will not generally invest in individual portfolio securities. The Fund is considered ""diversified"" under the 1940 Act. The portfolio manager utilizes sector rotation strategies that attempt to capitalize on changes in the business cycle. The investments of the Portfolio Funds will generally be comprised of equity securities principally consisting of common stock, preferred stock, and convertible preferred stock of any market capitalization. The portfolio manager will balance the Fund's Portfolio Funds around a variety of specific sectors that will be invested in depending on market circumstances.
In some circumstances, if too few sectors are invested, sector weighting may include a large allocation to cash. The Portfolio Funds in which the Fund invests will have an investment objective similar to the Fund's or will otherwise track particular market sectors. Although the Fund principally invests in Portfolio Funds with no sales related expenses or very low sales related expenses, the Fund is not precluded from investing in Portfolio Funds with sales-related expenses, redemption fees, and/or service fees. As a result of its strategy, the Fund may have a relatively high level of portfolio turnover compared to other mutual funds, which may affect the Fund's performance due to higher transactions costs and higher taxes. Portfolio turnover will not be a limiting factor in making investment decisions."
CTROX Performance
Total returns for CTROX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 19.7% |
CTROX Risk Information
Risk metrics for CTROX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.0%
CTROX Costs and Fees
CTROX costs about $144 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.44%
- Gross expense ratio: 2.53%
- Portfolio turnover: 529%
- Brokerage commissions: 16.61 bps of average net assets (SEC N-CEN)
CTROX Cashflows
Over the 12 months to 2021-08, Adaptive Tactical Rotation Fund had net inflows of $23.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-08 | $70.46K |
| 2021-07 | −$120.57K |
| 2021-06 | $2.20M |
| 2021-05 | $1.31M |
| 2021-04 | $2.19M |
| 2021-03 | $1.97M |
CTROX Debt Constituents
No individual debt constituents are reported in Adaptive Tactical Rotation Fund's latest SEC N-PORT filing.
CTROX Prospectus and SEC Filings
Official Adaptive Tactical Rotation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-10-13
- Prospectus (485BPOS) — filed 2019-10-03
- Prospectus supplement (497) — filed 2021-09-23
- Portfolio holdings (N-PORT) — filed 2021-10-26
- Portfolio holdings (N-PORT) — filed 2021-07-29
- Portfolio holdings (N-PORT) — filed 2021-04-27
- Annual census (N-CEN) — filed 2021-08-10
- Annual census (N-CEN) — filed 2020-08-13
Related Funds
Other Global (incl. US) Multi-Cap / All-Cap Blend / Core 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.