TMREX — Toews Tactical Defensive Alpha Fund
Data updated: 2026-07-14
TMREX — Toews Tactical Defensive Alpha Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Ultra-Short Treasury / Sovereign Bond · $67.44M AUM · 1.26% expense ratio · 15.3% 1-yr return. From SEC regulatory filings.
TMREX Fund Overview
TMREX — Toews Tactical Defensive Alpha Fund is a US mutual fund managed by Northern Lights Fund Trust, categorised as Ultra-Short Treasury / Sovereign Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust
- Category: Ultra-Short Treasury / Sovereign Bond
- Assets under management: $67.44M
- 1-year return: 15.3%
- Ticker: TMREX
- SEC CIK: 0001314414
- SEC series ID: S000033706
- Share class ID: C000103841
TMREX Holdings
Top 4 holdings of Toews Tactical Defensive Alpha Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 71.15% |
| Banksafe Toews Money Market | 19.64% |
| Chicago Mercantile Exchange | 6.73% |
| Option Issuer | 5.97% |
TMREX Portfolio Allocation
Asset-class allocation of Toews Tactical Defensive Alpha Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 71.1% |
| Cash & Equivalents | 19.6% |
| Derivatives | 12.7% |
TMREX Performance
Total returns for TMREX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.5% |
| 1 year | 15.3% |
| 3 years (annualised) | 7.3% |
| 5 years (annualised) | 0.9% |
TMREX Risk Information
Risk metrics for TMREX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.9%
TMREX Costs and Fees
TMREX costs about $126 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.26%
- Gross expense ratio: 1.42%
- Portfolio turnover: 764%
- Brokerage commissions: 4.04 bps of average net assets (SEC N-CEN)
TMREX Cashflows
Over the 12 months to 2026-04, Toews Tactical Defensive Alpha Fund had net inflows of $6.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$497.29K |
| 2026-03 | −$1.01M |
| 2026-02 | −$1.95M |
| 2026-01 | −$931.74K |
| 2025-12 | −$118.12K |
| 2025-11 | −$1.78M |
TMREX Debt Constituents
Largest debt holdings of Toews Tactical Defensive Alpha 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 | 71.15% |
TMREX Prospectus and SEC Filings
Official Toews Tactical Defensive Alpha Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Ultra-Short Treasury / Sovereign 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.