STTCX — Stadion Trilogy Alternative Return Fund

Data updated: 2021-08-13

STTCX — Stadion Trilogy Alternative Return Fund. United States Blend / Core Equity · $47.05M AUM. Holdings, fees, performance and SEC filings.

STTCX Fund Overview

STTCX — Stadion Trilogy Alternative Return Fund is a US mutual fund managed by Stadion Investment Trust, categorised as United States 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: Stadion Investment Trust
  • Category: United States Blend / Core Equity
  • Assets under management: $47.05M
  • 1-year return: -3.3%
  • Ticker: STTCX
  • SEC CIK: 0001221482
  • SEC series ID: S000036657
  • Share class ID: C000112042

STTCX Investment Objective and Strategy

Stadion Trilogy Alternative Return Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Stadion Investment Trust.

Investment objective

"The investment objective of the Stadion Trilogy Alternative Return Fund (the ""Trilogy Fund"") is total return, with an emphasis on lower risk and volatility than the U.S. equity markets."

Principal investment strategy

"To achieve its investment objective, the Trilogy Fund combines multiple investment strategies and investment techniques that are designed to generate return and manage risk exposure across varying market conditions. The Trilogy Fund employs three separate investment styles: a diversified portfolio of common stocks and/or actively managed or index-based exchange traded funds (""ETFs""), and options selected to provide protection from market declines (the ""Equity Position""), fixed-income securities or ETFs investing in fixed-income securities, and options sold and repurchased to generate net premium income (the ""Income Position""), and index options or other securities in an effort to benefit from substantial price changes (up or down) in the markets (the ""Market Movement Position""). In allocating the Trilogy Fund's assets, the Adviser uses a combination of the investment styles described above and may reduce or limit investments in certain assets, asset classes or strategies in order to achieve the desired composition of the Trilogy Fund's portfolio.

The Adviser's approach is designed to manage risk exposure by seeking opportunities for return from varying market conditions. Under normal market conditions, the Trilogy Fund expects that (i) approximately 30% to 70% of the Trilogy Fund's assets will be allocated to the Equity Position, (ii) approximately 30% to 50% of the Trilogy Fund's assets will be allocated to the Income Position and (iii) approximately 2% to 30% of the Trilogy Fund's assets will be allocated to the Market Movement Position; however, these percentages may vary over time as a result of market conditions and fluctuations. Under normal market conditions, (i) the market value of the Equity Position's options that are long positions are not expected to exceed approximately 6% of the Alternative's Fund's net assets; (ii) the market value of the Equity Position's options that are short positions are not expected to exceed approximately 6% of the Trilogy Fund's net assets; (iii) the market value of the Income Position's options are not expected to exceed approximately 12% of the Alternative's Fund's net assets; and (iv) the market value of the Market Movement Position's options are expected to represent approximately 2% to 20% of the Alternative's Fund's net assets.

The Trilogy Fund will generally invest as follows: The Equity Position. The Equity Position is designed to participate in equity markets while moderating volatility. In the Equity Position, the Trilogy Fund typically invests in a broadly diversified portfolio of U.S. exchange-listed common stocks and American Depositary Receipts (""ADRs"") of companies that the Adviser believes possess attractive valuation characteristics, and the capability for above-average dividend yield, and/or ETFs that hold such companies. In selecting individual positions, the Adviser generally considers factors such as profitability, revenue growth, gross margins, debt ratios and other financial characteristics, seeking companies with favorable valuations (generally, prices that are reasonable relative to projected revenues, earnings, and dividends).

The Adviser also looks for companies that possess characteristics that support maintaining market share and earnings power through market cycles and demonstrate the potential to increase dividends or earnings over time. While the Adviser will typically focus the Equity Position on companies having capitalizations of $5 billion or more, there are no restrictions on market capitalization. The Adviser may sell a stock from the Equity Position if the Adviser believes the company's fundamentals have deteriorated, the company's dividend or earnings growth has or will decline or the Adviser otherwise believes that selling the stock is in the Trilogy Fund's best interest. The Adviser uses an option technique called a ""collar"" to provide downside risk protection to the Equity Position; however, collars also will limit upside potential.

In the Equity Position, the Adviser generally writes index calls above the current value of the applicable index to seek to generate premium income and use the proceeds to purchase index puts below the current value of the applicable index to seek to reduce the Trilogy Fund's exposure to market risk and volatility. The notional value of the options positions in the Equity Position is not expected to exceed 100% of the expected, aggregate value of the equity securities owned in the Equity Position at the time either option is ""in the money"" (i.e., when exercising the option would result in a profit). This percentage limitation on the use of options applies at the time an investment is made. The Income Position. The Income Position is designed to balance the risk of the Equity Position by utilizing a combination of investments in domestic fixed-income investments (e.g., corporate bonds, U.S.

government securities, mortgage-backed securities, high yield bonds (commonly known as ""junk bonds"") or mutual funds and ETFs that invest in such securities) (collectively, ""Fixed Income Instruments"") and the receipt of premiums from selling index options. The primary objective of the Income Position is yield generation, with a secondary emphasis on capital appreciation. While the Adviser may purchase Fixed Income Instruments of any maturity and credit quality, the Adviser typically invests in a broad mix of ETFs targeting a specific yield that the Adviser may adjust from time to time in response to market conditions. In implementing its options strategy for the Income Position, the Adviser typically writes put and call options on one or more broad-based U.S. stock indices, receiving premiums from the purchasers of the options.

The Adviser may then repurchase the options prior to their expiration date, giving up appreciation and avoiding depreciation in between the sale of the option and its repurchase. The difference between the premium received from selling the option and the cost of repurchasing the option will determine the gain or loss realized by the Income Position. The options strategy utilized by the Adviser for the Income Position is intended to provide increased cash flow from premiums, reduce volatility, and provide protection against potential loss when the Trilogy Fund purchases put and call options on the same indices on which the Fund has written options. The Adviser may also use ""collars"" or collar components to provide downside risk protection to the Income Position; however, collars also will limit upside potential.

In the Income Position, the Adviser generally writes calls on underlying fixed income instruments at or above the current value of the applicable fixed income instrument to seek to generate premium income and may use the proceeds to purchase puts on underlying fixed income instruments below the current value of the applicable fixed income instrument to seek to reduce the Trilogy Fund's exposure to market risk and volatility. The Market Movement Position. The Market Movement Position is designed to benefit from substantial price changes (up or down) in the markets. In executing the strategy for the Market Movement Position, the Adviser intends to purchase and write options on one or more broad-based U.S. stock indices, such as the Standard & Poor's 500 Index, or ETFs that replicate or are related to such indices (including, without limitation, indices that measure market volatility).

The Adviser uses a proprietary option allocation model to dynamically adjust the put protection it seeks to employ with the intent to minimize cost to the portfolio while providing potential upside in market downturns. Over time, the indices on which the Trilogy Fund purchases and sells options may vary based on the Adviser's assessment of the availability and liquidity of various listed index options, and the Adviser's evaluation of equity market conditions and other factors. Generally the Market Movement Position favors establishing debit option spreads of varying strike prices and maturities by simultaneously selling and purchasing options on the same underlying instrument having the same expiration date. The options the Market Movement Position buys and sells are typically settled in cash rather than by delivery of securities and reflect price fluctuations in a group of securities or segments of the securities market.

The Adviser may also purchase alternative instruments that the Adviser believes will approximate the performance that could be achieved by establishing debit option spreads when the Adviser believes comparable results can be achieved at a lower cost than buying options directly. These alternative instruments include options on indexes, options on futures, options on ETFs or individual securities and positively or negatively correlated market instruments. The Trilogy Fund may also invest in ETFs and other investment companies that employ a trend or momentum-based strategy for the Market Movement Position. In general, the Trilogy Fund will not purchase or sell futures contracts or related options unless either (i) the futures contracts or options thereon are purchased for ""bona fide hedging"" purposes (as defined under regulations promulgated by the U.S.

Commodity Futures Trading Commission (""CFTC"")); or (ii) if purchased for other purposes, (A) the sum of the amounts of initial margin deposits on the Trilogy Fund's existing futures and premiums required to establish non-hedging positions, less the amount by which any such options positions are ""in-the-money"" (as defined under CFTC regulations) would not exceed 5% of the liquidation value of the Trilogy Fund's total assets, or (B) the aggregate net notional value of commodity futures, commodity options contracts, or swaps positions, determined at the time the most recent position was established, does not exceed 100 percent of the liquidation value of the of the Trilogy Fund's total assets."

STTCX Performance

Total returns for STTCX (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-3.3%

STTCX Risk Information

Risk metrics for STTCX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 5.6%

STTCX Costs and Fees

STTCX costs about $244 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 2.44%
  • Gross expense ratio: 2.74%
  • Portfolio turnover: 21%
  • Brokerage commissions: 5.12 bps of average net assets (SEC N-CEN)

STTCX Cashflows

Over the 12 months to 2021-05, Stadion Trilogy Alternative Return Fund had net outflows of $7.43M, from monthly SEC N-PORT filings.

MonthNet flow
2021-05−$142.52K
2021-04−$579.15K
2021-03−$1.28M
2021-02$174.30K
2021-01−$440.20K
2020-12−$726.83K

STTCX Debt Constituents

No individual debt constituents are reported in Stadion Trilogy Alternative Return Fund's latest SEC N-PORT filing.

STTCX Prospectus and SEC Filings

Official Stadion Trilogy Alternative Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States 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.