MASFX — Litman Gregory Masters Alternative Strategies Fund
Data updated: 2025-05-28
MASFX — Litman Gregory Masters Alternative Strategies Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long-Short · $337.33M AUM · 1.37% expense ratio · 4.9% 1-yr return. From SEC regulatory filings.
MASFX Fund Overview
MASFX — Litman Gregory Masters Alternative Strategies Fund is a US mutual fund managed by iM Global Partner Funds, 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: iM Global Partner Funds
- Category: Long-Short
- Assets under management: $337.33M
- 1-year return: 4.9%
- Ticker: MASFX
- SEC CIK: 0001020425
- SEC series ID: S000033728
- Share class ID: C000103965
MASFX Holdings
Top 10 holdings of Litman Gregory Masters Alternative Strategies Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fixed Income Clearing Corp | 21.45% |
| United States Treasury | 10.36% |
| United States Treasury | 6.66% |
| United States Treasury | 0.89% |
| United States Treasury | 0.82% |
| Progress Residential Trust | 0.72% |
| Castlelake Aircraft Structured Trust | 0.70% |
| FMC GMSR Issuer Trust | 0.69% |
| AMSR Trust | 0.68% |
| New Residential Mortgage Loan Trust | 0.55% |
MASFX Portfolio Allocation
Asset-class allocation of Litman Gregory Masters Alternative Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 42.0% |
| Securitized | 34.7% |
| Fixed Income | 16.4% |
| Equity | 2.4% |
| Loans | 0.6% |
MASFX Performance
Total returns for MASFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.9% |
| 3 years (annualised) | 2.3% |
| 5 years (annualised) | 4.8% |
MASFX Risk Information
Risk metrics for MASFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.8%
MASFX Costs and Fees
MASFX costs about $137 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.37%
- Gross expense ratio: 1.45%
- Portfolio turnover: 101%
- Brokerage commissions: 4.82 bps of average net assets (SEC N-CEN)
MASFX Cashflows
Over the 12 months to 2025-03, Litman Gregory Masters Alternative Strategies Fund had net outflows of $282.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-03 | −$14.28M |
| 2025-02 | −$41.61M |
| 2025-01 | −$21.64M |
| 2024-12 | −$11.88M |
| 2024-11 | −$5.32M |
| 2024-10 | −$768.14K |
MASFX Debt Constituents
Largest debt holdings of Litman Gregory Masters Alternative Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 0.28% |
| Ares Capital Corp. | 0.28% |
| Fair Isaac Corp. | 0.28% |
| Allison Transmission, Inc. | 0.27% |
| Hilton Domestic Operatin | 0.27% |
| Post Holdings, Inc. | 0.26% |
| Hess Midstream Operation | 0.25% |
| Dish Dbs Corp. | 0.24% |
| Service Corp. Intl | 0.22% |
| Csc Holdings LLC | 0.21% |
MASFX Prospectus and SEC Filings
Official Litman Gregory Masters Alternative Strategies Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.