Rational Strategic Allocation Fund Class A NMFQS:HBAFX

Allocation--30% to 50% Equity | Rational Funds

$8.93

↑ $1.89 (26.85%)

Last Updated: Feb 13, 2026

Fund Information

Fund Category Allocation--30% to 50% Equity

Fund Family Rational Funds

Fund Style Large

ISIN US6282558468

CUSIP 628255846

Inception Date 2009-07-30

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $10.05 Million

Share Class Net Assets $8.64 Million

Expense Ratio 2.16%

Expense Ratio Date 2025-05-01

Dividend Yield 0.04%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return 4.74%

3-Year Return 13.85%

5-Year Return 7.43%

NAV $8.93

Previous Close Price $7.04

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.04%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Rational Strategic Allocation Fund Class A

The fund seeks to achieve its investment objective by investing in a portfolio of futures contracts on the S&P 500 Index and in income-oriented securities. Under normal market conditions, the Advisor intends to invest in a portfolio of underlying funds, excluding cash and cash equivalents required for margin or collateral, while also maintaining notional exposure to the index through its investments in futures contracts, which are intended to provide the fund with economic exposure to U.S. equities in an amount up to the value of the fund’s net assets.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 26215.31%

Giant 0.93%

Large 2.16%

Medium 2.93%

Micro 0.16%

Small 1.39%

Value & Growth Metrics

Book-Value Growth % 5.75%

Cash-Flow Growth % 3.55%

Dividend Yield % 2.52%

Historical Earnings % 3.52%

Long-Term Earnings % 9.72%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	44.55%	44.55%	0.00%	27.63%	77.92%
Cash	-36.19%	26.26%	62.46%	222.99%	0.00%
Non US Stock	0.19%	3.23%	3.04%	12.84%	8.20%
Not Classified	0.37%	0.40%	0.03%	0.00%	0.00%
Other	91.05%	91.05%	0.00%	21.98%	2.01%
US Stock	0.03%	4.40%	4.37%	48.92%	11.87%

Top Holdings

Name	Weight	Owned	Change
Catalyst Enhanced Income Strategy I	17.80%	-	-
Rational Special Situations Income Instl	17.58%	-	-
Rational/Pier 88 Convertible Secs Instl	16.32%	-	-
United States Treasury Bonds 2.38%	10.20%	-	-
Catalyst Insider Income I	10.03%	-	-
Catalyst/CIFC Floating Rate Income I	9.97%	-	-
Catalyst/Stone Beach Income Opp I	8.06%	-	-
AlphaCentric Income Opportunities I	4.78%	-	-
First American Government Obligs U	4.47%	-	-
E-mini S&P 500 Future Sept 21	0.00%	-	-

See the full breakdown of HBAFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	3.09%	4.43%	34.27%	0.00%
Bond Sector	Corporate	3.09%	0.63%	28.46%	18.10%
Bond Sector	Derivative	3.09%	84.38%	1.09%	0.00%
Bond Sector	Government	3.09%	10.17%	36.05%	51.18%
Bond Sector	Municipal	3.09%	0.00%	0.00%	0.03%
Bond Sector	Securitized	3.09%	0.38%	0.13%	30.69%
Cyclical	Basic Materials	3.69%	5.06%	0.00%	4.84%
Cyclical	Consumer Cyclical	13.87%	10.08%	0.00%	9.89%
Cyclical	Financial Services	18.82%	15.76%	0.00%	19.70%
Cyclical	Real Estate	2.92%	4.00%	0.00%	8.19%
Defensive	Consumer Defensive	5.03%	4.84%	0.00%	5.41%
Defensive	Healthcare	12.39%	9.79%	0.00%	9.88%
Defensive	Utilities	3.09%	2.61%	0.00%	2.98%
Sensitive	Communication Services	3.98%	7.71%	0.00%	5.29%
Sensitive	Energy	3.27%	3.49%	0.00%	3.93%
Sensitive	Industrials	18.37%	10.49%	0.00%	12.16%
Sensitive	Technology	14.59%	26.18%	0.00%	17.74%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	1.14%	0.17%	0.93%
Americas	North America	81.11%	60.61%	62.76%
Greater Asia	Asia Developed	2.65%	0.46%	4.31%
Greater Asia	Asia Emerging	5.05%	0.17%	5.02%
Greater Asia	Australasia	0.86%	2.61%	1.92%
Greater Asia	Japan	2.62%	13.14%	6.75%
Greater Europe	Africa/Middle East	0.98%	-	1.33%
Greater Europe	Europe Developed	3.52%	18.63%	12.97%
Greater Europe	Europe Emerging	0.11%	-	0.28%
Greater Europe	United Kingdom	1.97%	4.23%	3.74%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2025-06-27	$0.012	$0.012	USD	2025-06-27	2025-06-27	2025-06-27	-
2025-03-28	$0.122	$0.122	USD	2025-03-28	2025-03-28	2025-03-28	-
2024-12-30	$0.457	$0.457	USD	-	-	-	-
2024-09-27	$0.129	$0.129	USD	-	2024-09-26	2024-09-30	Quarterly
2024-06-27	$0.039	$0.039	USD	-	2024-06-26	2024-06-28	Quarterly
2024-03-27	$0.025	$0.025	USD	-	2024-03-26	2024-03-28	Quarterly
2023-12-28	$0.080	$0.080	USD	-	2023-12-27	2023-12-29	Quarterly
2023-09-28	$0.069	$0.069	USD	-	2023-09-27	2023-09-29	Quarterly
2023-06-29	$0.083	$0.083	USD	-	2023-06-28	2023-06-30	Quarterly
2023-03-30	$0.177	$0.177	USD	-	2023-03-29	2023-03-31	Quarterly
2022-12-19	$0.373	$0.373	USD	2022-12-19	2022-12-16	2022-12-20	Annual
2022-09-29	$0.072	$0.072	USD	-	2022-09-28	2022-09-30	Quarterly
2022-06-29	$0.055	$0.055	USD	-	2022-06-28	2022-06-30	Quarterly
2022-03-30	$0.040	$0.040	USD	2022-03-30	2022-03-29	2022-03-31	Quarterly
2021-12-30	$0.145	$0.145	USD	-	-	-	-
2021-12-20	$1.277	$1.277	USD	2021-12-20	2021-12-17	2021-12-21	Quarterly
2021-09-29	$0.077	$0.077	USD	2021-09-29	2021-09-28	2021-09-29	Quarterly
2021-06-29	$0.075	$0.075	USD	2021-06-29	2021-06-28	2021-06-29	Quarterly
2021-03-30	$0.040	$0.040	USD	2021-03-30	2021-03-29	2021-03-30	Quarterly
2020-12-30	$0.105	$0.105	USD	2020-12-30	2020-12-29	2020-12-30	Quarterly
2020-09-29	$0.060	$0.060	USD	2020-09-29	2020-09-28	2020-09-29	Quarterly
2020-06-29	$0.053	$0.053	USD	2020-06-29	2020-06-26	2020-06-29	Quarterly
2020-03-30	$0.058	$0.058	USD	2020-03-30	2020-03-27	2020-03-30	Quarterly
2019-12-30	$0.244	$0.244	USD	2019-12-30	2019-12-27	2019-12-30	Quarterly
2019-12-19	$0.215	$0.215	USD	2019-12-19	2019-12-18	2019-12-19	Other
2019-09-27	$0.073	$0.073	USD	2019-01-29	2019-09-26	2019-09-27	Quarterly
2019-06-27	$0.083	$0.083	USD	2019-06-27	2019-06-26	2019-06-27	Quarterly
2019-03-28	$0.039	$0.039	USD	2019-03-28	2019-03-27	2019-03-28	Quarterly
2018-12-28	$0.221	$0.221	USD	2018-12-28	2018-12-27	2018-12-28	Quarterly
2018-12-21	$0.257	$0.257	USD	2018-12-21	2018-12-20	2018-12-21	Other
2018-09-27	$0.047	$0.047	USD	2018-09-27	2018-09-26	2018-09-27	Quarterly
2018-06-28	$0.047	$0.047	USD	2018-06-28	2018-06-27	2018-06-28	Quarterly
2018-03-28	$0.023	$0.023	USD	2018-03-28	2018-03-27	2018-03-28	Quarterly
2017-12-28	$0.366	$0.366	USD	2017-12-28	2017-12-27	2017-12-28	Quarterly
2017-09-28	$0.037	$0.037	USD	2017-09-28	2017-09-27	2017-09-28	Quarterly
2017-06-29	$0.029	$0.029	USD	2017-06-29	2017-06-28	2017-06-29	Quarterly
2017-03-30	$0.007	$0.007	USD	2017-03-30	2017-03-29	2017-03-30	Quarterly
2016-12-21	$1.054	$1.054	USD	2016-12-21	2016-12-20	2016-12-21	Other
2016-09-29	$0.023	$0.023	USD	2016-09-29	2016-09-28	2016-09-29	Quarterly
2016-06-28	$0.020	$0.020	USD	2016-06-28	2016-06-27	2016-06-28	Quarterly
2016-03-29	$0.082	$0.082	USD	2016-03-29	2016-03-28	2016-03-30	Quarterly
2015-12-29	$0.089	$0.089	USD	-	-	-	-
2015-09-25	$0.009	$0.009	USD	-	-	-	-
2015-06-26	$0.011	$0.011	USD	-	-	-	-
2015-03-26	$0.010	$0.010	USD	-	-	-	-
2014-12-29	$0.166	$0.166	USD	-	-	-	-
2014-09-26	$0.039	$0.039	USD	-	-	-	-
2014-06-27	$0.022	$0.022	USD	-	-	-	-
2014-03-26	$0.015	$0.015	USD	-	-	-	-
2013-12-27	$0.070	$0.070	USD	-	-	-	-
2013-09-26	$0.011	$0.011	USD	-	-	-	-
2013-06-28	$0.147	$0.147	USD	-	-	-	-
2013-03-26	$0.012	$0.012	USD	-	-	-	-
2012-12-31	$0.068	$0.068	USD	-	-	-	-
2012-09-28	$0.012	$0.012	USD	-	-	-	-
2012-06-29	$0.020	$0.020	USD	-	-	-	-
2012-03-30	$0.025	$0.025	USD	-	-	-	-
2011-12-30	$0.043	$0.043	USD	-	-	-	-
2011-09-30	$0.020	$0.020	USD	-	-	-	-
2011-06-30	$0.021	$0.021	USD	-	-	-	-
2011-03-31	$0.020	$0.020	USD	-	-	-	-
2010-12-31	$0.038	$0.038	USD	-	-	-	-
2010-09-30	$0.017	$0.017	USD	-	-	-	-