SAPEX — Spectrum Active Advantage Fund
Data updated: 2026-08-14
SAPEX — Spectrum Active Advantage Fund. Capital Appreciation / Growth Allocation · $9.94M AUM. Holdings, fees, performance and SEC filings.
SAPEX Fund Overview
SAPEX — Spectrum Active Advantage Fund is a US mutual fund managed by Advisors Preferred Trust, categorised as Capital Appreciation / Growth Allocation. 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: Capital Appreciation / Growth Allocation
- Assets under management: $9.94M
- 1-year return: 5.9%
- Ticker: SAPEX
- SEC CIK: 0001556505
- SEC series ID: S000049076
- Share class ID: C000154799
SAPEX Holdings
Top 10 holdings of Spectrum Active Advantage Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Blackrock Funds | 15.71% |
| United States Of America - Bureau Of The Public Debt | 11.06% |
| Invesco Exchange Traded Fund Trust | 10.70% |
| United States Of America - Bureau Of The Public Debt | 9.34% |
| First American Funds, Inc. | 7.50% |
| Fidelity Colchester Street Trust | 7.50% |
| Select Sector Spdr Trust (the) | 5.43% |
| Global X Funds | 5.34% |
| Victory Portfolios Iv | 5.31% |
| Spdr Series Trust | 5.23% |
SAPEX Portfolio Allocation
Asset-class allocation of Spectrum Active Advantage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 52.9% |
| Fixed Income | 20.4% |
| Cash & Equivalents | 15.0% |
| Derivatives | 0.8% |
SAPEX Performance
Total returns for SAPEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -3.3% |
| 1 year | 5.9% |
| 3 years (annualised) | 8.6% |
| 5 years (annualised) | -3.7% |
SAPEX Risk Information
Risk metrics for SAPEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.6%
SAPEX Costs and Fees
SAPEX costs about $288 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.88%
- Gross expense ratio: 2.88%
- Portfolio turnover: 870%
- Brokerage commissions: 8.28 bps of average net assets (SEC N-CEN)
SAPEX Cashflows
Over the 12 months to 2026-06, Spectrum Active Advantage Fund had net outflows of $42.32K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$142.28K |
| 2026-05 | −$66.49K |
| 2026-04 | −$129.74K |
| 2026-03 | −$341.44K |
| 2026-02 | −$125.41K |
| 2026-01 | $165.25K |
SAPEX Debt Constituents
Largest debt holdings of Spectrum Active Advantage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 11.06% |
| United States Of America - Bureau Of The Public Debt | 9.34% |
SAPEX Prospectus and SEC Filings
Official Spectrum Active Advantage Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus supplement (497) — filed 2025-02-06
- Prospectus supplement (497) — filed 2024-02-02
- Portfolio holdings (N-PORT) — filed 2026-08-14
- Portfolio holdings (N-PORT) — filed 2026-05-08
- Portfolio holdings (N-PORT) — filed 2026-02-11
- Annual census (N-CEN) — filed 2025-12-04
- Annual census (N-CEN) — filed 2024-12-13
Related Funds
Other Capital Appreciation / Growth Allocation 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.