QTSAX — Quantified Tactical Fixed Income Fund
Data updated: 2026-06-12
QTSAX — Quantified Tactical Fixed Income Fund. Alternative · $7.77M AUM · 2.39% expense ratio. Holdings, fees, performance and SEC filings.
QTSAX Fund Overview
QTSAX — Quantified Tactical Fixed Income Fund is a US mutual fund managed by Advisors Preferred Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors Preferred Trust
- Category: Alternative
- Assets under management: $7.77M
- Ticker: QTSAX
- SEC CIK: 0001556505
- SEC series ID: S000066118
- Share class ID: C000213667
QTSAX Investment Objective and Strategy
Quantified Tactical Fixed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors Preferred Trust.
Investment objective
The Quantified Tactical Fixed Income Fund (the ?Fund?) seeks total return.
Principal investment strategy
The Fund?s investment adviser, Advisors Preferred, LLC (the ?Adviser?), delegates execution of the Fund?s investment strategy to the subadviser, Flexible Plan Investments, Ltd. (?FPI? or the ?Subadviser?). The Subadviser selects investments for the Fund and provides trade placement for directly issued fixed income instruments, including cash equivalents, non-fixed income instruments, and fixed indirect income instruments, such as mutual funds, ETF?s, futures, swaps, and pooled investment vehicles that invest primarily in debt instruments. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in fixed income securities. The Fund defines fixed income securities as debt instruments, exchange-traded funds (?ETFs?) and mutual funds that invest primarily in debt instruments, futures and swap contracts on debt instruments and pooled investment vehicles that invest primarily in the preceding.
When the Fund enters into a swap, the Fund makes payments to the swap counterparty based on either a fixed or variable rate, and the swap counterparty makes payments to the Fund based on the return of a refence asset. Certain pooled investment vehicles are classified as commodity pools. The Fund invests in commodity pools that primarily in financial futures such as interest rate, equity and currency futures. However, these pools may have lesser exposure to commodity-related and volatility-related futures. The Fund invests in ETFs, mutual funds, and pooled investment vehicles that are not affiliated with the Adviser or Subadviser. The Fund invests primarily in high yield debt (commonly known as ?junk bonds? and to a lesser extent, US government debt. The Fund invests in fixed income securities without any restriction on maturity or credit quality.
The Fund may gain long or short exposure to fixed income securities regardless of whether they generate income or dividends. Short (inverse) positions are designed to profit from a decline in the price of particular securities, investments in securities or indices. The Fund employs inverse and short positions for hedging purposes or to capture returns in down markets. The Subadviser seeks interest income from debt instruments. The Subadviser also seeks capital gains by changing asset allocation including short positions. Additionally, the Subadviser uses an aggressive tactical management strategy that typically results in high portfolio turnover. The Subadviser employs a number of investment models, which are driven by sub-strategies, to allocate assets and select long and short exposures.
The sub-strategies are chosen and rebalanced periodically using the Subadviser?s portfolio allocation algorithm to create a portfolio that aims for a balance of higher return, lower correlation, and lower volatility as compared to a buy and hold position in a high yield debt index. The Subadviser monitors the performance of the models and sub-strategies and may modify the methodologies and add or subtract models or sub-strategies at any time based on the results of its research processes. The Fund may invest up to 25% of its total assets in a wholly owned and controlled subsidiary (the ?Subsidiary?). The Subsidiary is expected to provide the Fund with indirect exposure to certain instruments such as commodity futures within the limitations of the federal tax requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the ?code?).
The Subsidiary invests primarily in commodity pools. The Fund?s investments will be composed primarily of securities, even when viewing the Subsidiary on a consolidated basis. The Subsidiary, when viewed from a consolidated basis, is subject to the same investment restrictions as the Fund. On an aggregate basis with the Fund, the Subsidiary complies with the provisions of the 1940 Act in Sections 8 and 18 (regarding investment policies, capital structure and leverage); the Adviser and Sub-Adviser to the Subsidiary, are SEC-registered and each complies with the provisions of the 1940 Act in Section 15 (regarding investment advisory contracts) and the Subsidiary complies with the provisions of the 1940 Act in Section 17 (regarding affiliated transactions and custody) and employs the same custodian as the Fund.
QTSAX Holdings
Top 5 holdings of Quantified Tactical Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Colchester Street Trust | 42.09% |
| First American Funds Inc. | 42.09% |
| Stonecastle | 14.23% |
| iShares Trust | 1.45% |
| Chicago Board of Trade | 0.13% |
QTSAX Portfolio Allocation
Asset-class allocation of Quantified Tactical Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 98.4% |
| Equity | 1.5% |
| Derivatives | 1.0% |
| Real Estate | 0.1% |
QTSAX Performance
Total returns for QTSAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -3.1% |
| 1 year | -10.4% |
| 3 years (annualised) | -5.6% |
| 5 years (annualised) | -7.4% |
QTSAX Risk Information
Risk metrics for QTSAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.7%
QTSAX Costs and Fees
QTSAX costs about $239 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.39%
- Gross expense ratio: 2.39%
- Portfolio turnover: 91%
- Brokerage commissions: 0.10 bps of average net assets (SEC N-CEN)
QTSAX Cashflows
Over the 12 months to 2026-03, Quantified Tactical Fixed Income Fund had net outflows of $1.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$862.53K |
| 2026-02 | $504.16K |
| 2026-01 | −$136.54K |
| 2025-12 | $928.31K |
| 2025-11 | $129.03K |
| 2025-10 | −$511.87K |
QTSAX Debt Constituents
No individual debt constituents are reported in Quantified Tactical Fixed Income Fund's latest SEC N-PORT filing.
QTSAX Prospectus and SEC Filings
Official Quantified Tactical Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-02
- Prospectus (485BPOS) — filed 2025-10-28
- Prospectus supplement (497) — filed 2026-06-12
- Portfolio holdings (N-PORT) — filed 2026-05-08
- Portfolio holdings (N-PORT) — filed 2026-02-20
- Portfolio holdings (N-PORT) — filed 2025-11-10
- Annual census (N-CEN) — filed 2024-09-12
- Annual census (N-CEN) — filed 2023-09-12
Related Funds
Other Alternative 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.