Matisse Discounted Bond Cef Strat Instl (MDFIX) Fund Details & Analysis

Fund Information

Fund Category Multisector Bond

Fund Family Matisse Funds

Fund Style Large

ISIN US85521B8330

CUSIP -

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $55.36 Million

Share Class Net Assets $-

Expense Ratio 2.53%

Expense Ratio Date -

Dividend Yield 0.07%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return -0.67%

3-Year Return 8.84%

5-Year Return 2.25%

NAV $9.72

Previous Close Price $9.70

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.07%

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 Matisse Discounted Bond CEF Strat Instl

The fund will invest, under normal circumstances, at least 80% of its net assets, plus any borrowing for investment purposes, in discounted closed-end funds that primarily invest in bonds. In addition, the closed-end funds will invest in loans, preferred securities, convertible securities, foreign income securities, and derivative instruments for both investment and hedging purposes, and will utilize leverage to acquire their underlying portfolio investments.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % 11.87%

Cash-Flow Growth % 48.66%

Dividend Yield % 1.47%

Historical Earnings % 11.46%

Long-Term Earnings % 9.22%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	53.62%	54.60%	0.97%	108.91%	100.00%
Cash	28.70%	32.22%	3.52%	25.79%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.12%	0.00%
Not Classified	0.12%	0.12%	0.00%	3.46%	0.00%
Other	4.21%	4.21%	0.00%	0.49%	0.00%
US Stock	13.37%	13.37%	0.00%	0.56%	0.00%

Top Holdings

Name	Weight	Owned	Change
MONEYMKT	29.60%	-	-
CLOSED-E	3.47%	-	-

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

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	13.11%	36.54%	0.00%
Bond Sector	Corporate	0.00%	30.13%	23.26%	32.91%
Bond Sector	Derivative	0.00%	9.68%	0.52%	0.00%
Bond Sector	Government	0.00%	20.88%	5.21%	52.69%
Bond Sector	Municipal	0.00%	0.18%	29.94%	0.04%
Bond Sector	Securitized	0.00%	26.02%	4.53%	14.36%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.07%	0.00%	0.00%	0.00%
Cyclical	Financial Services	98.97%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.05%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.02%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.07%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.08%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.52%	0.00%	0.00%	0.00%
Sensitive	Technology	0.22%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.06%	-	-
Americas	North America	82.55%	100.00%	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	0.06%	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	17.18%	-	-
Greater Europe	Europe Emerging	0.13%	-	-
Greater Europe	United Kingdom	0.01%	0.00%	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-30	$0.061	$0.061	USD	-	-	-	-
2024-11-27	$0.061	$0.061	USD	-	-	-	-
2024-10-30	$0.061	$0.061	USD	-	2024-10-29	2024-10-30	Monthly
2024-09-27	$0.061	$0.061	USD	-	2024-09-26	2024-09-27	Monthly
2024-08-29	$0.061	$0.061	USD	-	2024-08-28	2024-08-29	Monthly
2024-07-30	$0.061	$0.061	USD	-	2024-07-29	2024-07-30	Monthly
2024-06-27	$0.061	$0.061	USD	-	2024-06-26	2024-06-27	Monthly
2024-05-30	$0.061	$0.061	USD	-	2024-05-29	2024-05-30	Monthly
2024-04-29	$0.061	$0.061	USD	-	2024-04-26	2024-04-29	Monthly
2024-03-27	$0.061	$0.061	USD	-	2024-03-26	2024-03-27	Monthly
2024-02-28	$0.061	$0.061	USD	-	2024-02-27	2024-02-28	Quarterly
2024-01-30	$0.061	$0.061	USD	-	2024-01-29	2024-01-30	Quarterly
2023-12-28	$0.181	$0.181	USD	-	2023-12-27	2023-12-28	Quarterly
2023-09-28	$0.181	$0.181	USD	-	2023-09-27	2023-09-28	Quarterly
2023-06-29	$0.181	$0.181	USD	-	2023-06-28	2023-06-29	Quarterly
2023-03-30	$0.181	$0.181	USD	-	2023-03-29	2023-03-30	Quarterly
2022-12-29	$0.096	$0.096	USD	2022-12-29	2022-12-28	2022-12-29	Quarterly
2022-09-29	$0.181	$0.181	USD	2022-09-29	2022-09-28	2022-09-29	Quarterly
2022-06-29	$0.181	$0.181	USD	2022-06-29	2022-06-28	2022-06-29	Quarterly
2022-03-30	$0.181	$0.181	USD	2022-03-30	2022-03-29	2022-03-30	Quarterly
2021-09-29	$0.167	$0.167	USD	2021-09-29	2021-09-28	2021-09-29	Quarterly
2021-06-29	$0.167	$0.167	USD	-	2021-06-28	2021-06-29	Quarterly
2021-03-30	$0.167	$0.167	USD	-	2021-03-29	2021-03-30	Quarterly
2020-12-30	$0.173	$0.173	USD	2020-12-30	2020-12-29	2020-12-30	Quarterly
2020-09-29	$0.150	$0.150	USD	2020-09-29	2020-09-28	2020-09-29	Quarterly
2020-06-29	$0.150	$0.150	USD	2020-06-29	2020-06-26	2020-06-29	Quarterly

View the full dividend history for MDFIX.

Matisse Discounted Bond CEF Strat Instl NMFQS:MDFIX