RFXIX — Rational Special Situations Income Fund
Data updated: 2026-05-29
RFXIX — Rational Special Situations Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Securitized (MBS/ABS/CMBS) Bond · $1.30B AUM · 1.77% expense ratio · 4.6% 1-yr return. From SEC regulatory filings.
RFXIX Fund Overview
RFXIX — Rational Special Situations Income Fund is a US mutual fund managed by Mutual Fund & Variable Insurance Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mutual Fund & Variable Insurance Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $1.30B
- 1-year return: 4.6%
- Ticker: RFXIX
- SEC CIK: 0000810695
- SEC series ID: S000065726
- Share class ID: C000212569
RFXIX Holdings
Top 10 holdings of Rational Special Situations Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ambac Assurance Corporation | 9.57% |
| First American Funds Inc. | 4.74% |
| Wfld Mtg Tr 2014-Mont | 2.07% |
| MBIA Global Funding, LLC | 1.91% |
| Comm 2012-CCRE3 Mortgage Trust | 1.61% |
| J.P. Morgan Chase Commercial Mortgage Securities Trust | 1.60% |
| Comm 2012-LTRT | 1.52% |
| CG-Ccre Commercial Mtg Tst 2014-Fl1 | 1.00% |
| WFRBS Commercial Mortgage Trust 2013-C14 | 0.98% |
| Deutsche Alt A Securities Mortgage Loan Trust Series 2006 Af1 | 0.96% |
RFXIX Portfolio Allocation
Asset-class allocation of Rational Special Situations Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 80.0% |
| Fixed Income | 14.4% |
| Cash & Equivalents | 4.7% |
| Equity | 0.7% |
| Loans | 0.1% |
RFXIX Performance
Total returns for RFXIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 4.6% |
| 3 years (annualised) | 6.1% |
| 5 years (annualised) | 4.4% |
RFXIX Risk Information
Risk metrics for RFXIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.4%
RFXIX Costs and Fees
RFXIX costs about $177 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.77%
- Gross expense ratio: 1.78%
- Portfolio turnover: 11%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
RFXIX Cashflows
Over the 12 months to 2026-03, Rational Special Situations Income Fund had net inflows of $188.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$1.82M |
| 2026-02 | $6.68M |
| 2026-01 | $12.41M |
| 2025-12 | −$7.82M |
| 2025-11 | $20.71M |
| 2025-10 | $4.00M |
RFXIX Debt Constituents
Largest debt holdings of Rational Special Situations Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ambac Assurance Corporation | 9.57% |
| MBIA Global Funding, LLC | 1.91% |
| Ambac Assurance Corporation | 0.87% |
| Argos Private Investments, LLC | 0.77% |
| MBIA Global Funding, LLC | 0.41% |
| Msp Deer Finance | 0.32% |
| Brixmor LLC | 0.27% |
| Sharps 2002-Aq1n Otc | 0.17% |
| Brixmor LLC | 0.12% |
RFXIX Prospectus and SEC Filings
Official Rational Special Situations Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond 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.