MDPLX — MDP Low Volatility Fund
Data updated: 2024-09-30
MDPLX — MDP Low Volatility Fund. United States Multi-Cap / All-Cap Blend / Core Equity · $1.02M AUM. Holdings, fees, performance and SEC filings.
MDPLX Fund Overview
MDPLX — MDP Low Volatility Fund is a US mutual fund managed by Valued Advisers 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: Valued Advisers Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $1.02M
- 1-year return: 11.0%
- Ticker: MDPLX
- SEC CIK: 0001437249
- SEC series ID: S000075503
- Share class ID: C000234651
MDPLX Investment Objective and Strategy
MDP Low Volatility Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Valued Advisers Trust.
Investment objective
The MDP Low Volatility Fund (the Fund) seeks to provide capital appreciation and mitigate volatility by combining index investments and index options to capture long-term, risk-adjusted returns.
Principal investment strategy
The Fund uses a variety of options strategies to obtain exposure to the S&P 500 Index, its primary benchmark, or other broad-based equity market indices through investments in a variety of financial instruments, including but not limited to index derivatives, options, exchange-traded funds (ETFs), and futures and forward contracts. These option strategies are: 1. Buying puts. A put option for a particular security gives the purchaser the right to sell the security at the stated exercise price at the expiration date of the option, regardless of the market price of the security. 2. Buying a put spread. A put spread is achieved by purchasing put options at a specific strike price while also selling the same number of puts at a lower strike price. The maximum profit to be gained using this strategy is equal to the difference between the two strike prices, minus the net cost of the options.
3. A put spread collar. A put spread collar is achieved by purchasing a put spread (see No. 2 above) and then selling a fully covered call option to help offset the premium spent to buy the put spread. It is designed to protect an investor who is long the underlying asset from a falling stock price. 4. A collar strategy. A collar is a type of options trading strategy which consists of selling an out of the money call option and buying an out of the money put spread option (see No. 1 above). It is designed to protect an investor who is long the underlying asset from a falling stock price. The Adviser determines which of these strategies to employ by analyzing the current levels of market volatility as expressed by the VIX and Skew. The VIX is the Chicago Board of Options Exchange Volatility Index.
The VIX Index is a financial benchmark designed to be an up-to-the-minute market estimate of the expected volatility of the S&P 500 Index and is calculated by using the midpoint of the real-time S&P 500 Index (SPX) option bid/ask quotes. The Skew is maintained by Credit Suisse and published daily under the name Credit Suisse Fear Barometer. The Skew measures the difference in implied volatility between out-of-the-money options and in-the-money options. Option market skew is the difference in price between a call option and a put option that are equidistant from the stock price. Skew is used to help the Adviser determine the most historically efficient way of effecting a hedge on the Funds portfolio.
MDPLX Holdings
Top 3 holdings of MDP Low Volatility Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Spdr S&P 500 Etf Trust | 90.85% |
| The Options Clearing Corporation | 1.87% |
| Money Market Obligations Trust | 0.82% |
MDPLX Portfolio Allocation
Asset-class allocation of MDP Low Volatility Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 90.8% |
| Derivatives | 1.9% |
| Cash & Equivalents | 0.8% |
MDPLX Performance
Total returns for MDPLX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.0% |
| 3 years (annualised) | 6.1% |
MDPLX Risk Information
Risk metrics for MDPLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.7%
MDPLX Costs and Fees
MDPLX costs about $157 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.57%
- Gross expense ratio: 27.61%
- Portfolio turnover: 0%
- Brokerage commissions: 35.81 bps of average net assets (SEC N-CEN)
MDPLX Cashflows
Over the 12 months to 2024-07, MDP Low Volatility Fund had net inflows of $87.21K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-07 | $1.42K |
| 2024-06 | $5.63K |
| 2024-05 | −$39.82K |
| 2024-04 | $30.10K |
| 2024-03 | $199 |
| 2024-02 | $50.20K |
MDPLX Debt Constituents
No individual debt constituents are reported in MDP Low Volatility Fund's latest SEC N-PORT filing.
MDPLX Prospectus and SEC Filings
Official MDP Low Volatility Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-05-28
- Prospectus (485BPOS) — filed 2023-05-31
- Prospectus (485BPOS) — filed 2022-03-09
- Portfolio holdings (N-PORT) — filed 2024-09-30
- Portfolio holdings (N-PORT) — filed 2024-07-01
- Portfolio holdings (N-PORT) — filed 2024-04-01
- Annual census (N-CEN) — filed 2024-03-28
- Annual census (N-CEN) — filed 2023-04-06
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.