MDFIX — Matisse Discounted Bond CEF Strategy
Data updated: 2026-06-12
MDFIX — Matisse Discounted Bond CEF Strategy data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Blend / Core Equity · $53.01M AUM · 2.42% expense ratio · 4.3% 1-yr return. From SEC regulatory filings.
MDFIX Fund Overview
MDFIX — Matisse Discounted Bond CEF Strategy is a US mutual fund managed by Starboard Investment Trust, categorised as United States 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: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $53.01M
- 1-year return: 4.3%
- Ticker: MDFIX
- SEC CIK: 0001464413
- SEC series ID: S000061872
- Share class ID: C000200403
MDFIX Holdings
Top 10 holdings of Matisse Discounted Bond CEF Strategy by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Investments | 31.57% |
| PIMCO California Mun | 9.52% |
| PIMCO New York Munic | 7.99% |
| The FS Credit | 3.94% |
| XAI Octagon Floating | 3.82% |
| FS Specialty Lending | 3.78% |
| Western Asset | 3.67% |
| Invesco Senior | 3.64% |
| Nuveen Floating Rate | 3.55% |
| Blackstone/GSO Long- | 3.50% |
MDFIX Portfolio Allocation
Asset-class allocation of Matisse Discounted Bond CEF Strategy by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 68.4% |
| Cash & Equivalents | 31.6% |
MDFIX Performance
Total returns for MDFIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.4% |
| 1 year | 4.3% |
| 3 years (annualised) | 8.7% |
| 5 years (annualised) | 3.6% |
MDFIX Risk Information
Risk metrics for MDFIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
MDFIX Costs and Fees
MDFIX costs about $242 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.42%
- Gross expense ratio: 2.42%
- Portfolio turnover: 36%
- Brokerage commissions: 16.98 bps of average net assets (SEC N-CEN)
MDFIX Cashflows
Over the 12 months to 2026-03, Matisse Discounted Bond CEF Strategy had net inflows of $1.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$80.26K |
| 2026-02 | $287.16K |
| 2026-01 | $2.49M |
| 2025-12 | $2.14M |
| 2025-11 | −$5.42K |
| 2025-10 | $464.68K |
MDFIX Debt Constituents
No individual debt constituents are reported in Matisse Discounted Bond CEF Strategy's latest SEC N-PORT filing.
MDFIX Prospectus and SEC Filings
Official Matisse Discounted Bond CEF Strategy filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States 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.