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SilverPepper Merger Arbitrage Instl (SPAIX) Fund Ranking and Research

Ranking, Research and Recommendation of SilverPepper Merger Arbitrage Instl (SPAIX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of SilverPepper Merger Arbitrage Instl Fund (SPAIX) ManagerFund Manager - Steven R. Gerbel

Fund Manager Information

Fund Manager Tenure: 4.5 years
Fund Family: SilverPepper
Fund Category: Market Neutral
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.56)     (What does this score mean?)

 

 

SilverPepper Merger Arbitrage Instl (SPAIX) Fund Strength What we like about SilverPepper Merger Arbitrage Instl (SPAIX) Fund

Data for SilverPepper Merger Arbitrage Instl Fund (SPAIX) as of May 30, 2016

  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) management has been with SilverPepper Merger Arbitrage Instl Fund for 4.5 years
  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) has good short-term performance (1-year return 7.94% vs -0.96% Market Neutral category median performance)
  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) ratio of up-years vs down years is greater than 2
  • Asset base in SilverPepper Merger Arbitrage Instl Fund (SPAIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

SilverPepper Merger Arbitrage Instl Fund (SPAIX) Weakness What we are cautious about SilverPepper Merger Arbitrage Instl (SPAIX) Fund

Data for SilverPepper Merger Arbitrage Instl Fund (SPAIX) as of May 30, 2016

  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) has an annual stock turnover rate of 817.00% that is higher than the Market Neutral average of 187.85%. This could mean SilverPepper Merger Arbitrage Instl is more nimble, but also signal potential high tax impact and high trading fees
  • SilverPepper Merger Arbitrage Instl Fund (SPAIX) has a higher expense ratio of 1.99% than its Market Neutral average of 1.73%
See SilverPepper Merger Arbitrage Instl Fund (SPAIX) performance details as of May 30, 2016

 

What do you think?

 

Compare SilverPepper Merger Arbitrage Instl Fund (SPAIX)Compare with other top Market Neutral category mutual funds

Aadditional top Market Neutral mutual funds for your consideration

FundYear to Date1 Year3 year5 year
SilverPepper Merger Arbitrage Instl2.267.9400
Calamos Market Neutral Income I (CMNIX)1.740.802.953.39Compare
Gabelli ABC AAA (GABCX)1.091.632.172.63Compare
Calamos Market Neutral Income R (CVSRX)1.520.302.462.87Compare

See top fund managers for Market Neutral Category Funds

 

Compare SilverPepper Merger Arbitrage Instl Fund (SPAIX)Compare with Market Neutral category ETFs

Some Market Neutral ETFs for your consideration

ETFYear to DateOne YearThree Year
QuantShares US Market Neut Momentum (MOM)-7.74%2.74%1.57%
IQ Merger Arbitrage ETF (MNA)000
QuantShares US Market Neut Anti-Beta (BTAL)000
ProShares RAFI Long/Short (RALS)1.18%-2.53%-0.87%

 

Graph of SilverPepper Merger Arbitrage Instl Fund (SPAIX) Net Asset TrackingSilverPepper Merger Arbitrage Instl (SPAIX) Fund Net Asset

Track net asset change of SilverPepper Merger Arbitrage Instl fund (SPAIX)

DateNet Asset
05/2016$11.92M
03/2016$9.87M
02/2016$8.60M
More historic net asset information on SilverPepper Merger Arbitrage Instl Fund (SPAIX)

  

Graph of SilverPepper Merger Arbitrage Instl Fund (SPAIX) Portfolio TrackingSilverPepper Merger Arbitrage Instl (SPAIX) Fund Portfolio Allocation

Track portfolio allocation change of SilverPepper Merger Arbitrage Instl fund (SPAIX)

DateCashStockBondOther
03/201628.15%64.16%0%7.7%
12/201510.28%76.54%0%13.18%
09/20150.69%94.04%0%5.27%
Click here to see more historic asset allocation information on SilverPepper Merger Arbitrage Instl Fund (SPAIX)

 

graph of SilverPepper Merger Arbitrage Instl Fund (SPAIX) Top 10 Position TrackingTop 10 Holdings in SilverPepper Merger Arbitrage Instl (SPAIX) Fund

Discover what SilverPepper Merger Arbitrage Instl Fund (SPAIX) manager is buying

Mar 30, 2016
FirstMerit Corporation [9.92%]
Heartland Payment Systems, Inc. [9.85%]
Talmer Bancorp, Inc. [8.25%]
Cascade Microtech, Inc. [8.09%]
Avenue Financial Holdings, Inc. [7.97%]
KLA-Tencor Corporation [7.95%]
PROGRESSIVE WASTE SOLUTIONS LTD [7.86%]
Huntington Bancshares Incorpora [7.73%]
Chemical Financial Corporation [7.69%]

Dec 30, 2015
PMC [14.97%]
Precision Castparts Corp [11.62%]
Jarden Corporation Common Stock [7.36%]
F.N.B. Corporation Common Stock [7.25%]
Metro Bancorp, Inc [7.19%]
National Penn Bancshares, Inc. [7.06%]
BANKERS PETROLEUM [6.93%]
Broadcom Corporation [6.79%]
BioMed Realty Trust Inc [6.78%]
D/B/A Chubb Limited New Common [6.65%]

Sep 29, 2015
Precision Castparts Corporation [13.11%]
Dealertrack Technologies, Inc. [10.3%]
F.N.B. Corporation Common Stock [9.42%]
Metro Bancorp, Inc [9.01%]
Alliance Bancorp, Inc. of Penns [7.82%]
Kythera Biopharmaceuticals, Inc [7.58%]
Xoom Corporation [7.49%]
Freescale Semiconductor Ltd [7.16%]
Strategic Hotels & Resorts Inc [7.03%]
Chubb Corporation (The) Common [7%]
Click here for Stock Holding Change Map in SilverPepper Merger Arbitrage Instl Fund (SPAIX)

  

Latest News on SilverPepper Merger Arbitrage Instl (SPAIX) Fund

See what is happening with SilverPepper Merger Arbitrage Instl Fund (SPAIX)

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SilverPepper Merger Arbitrage Instl Fund (SPAIX) Related ResourcesSee more information on SilverPepper Merger Arbitrage Instl (SPAIX) Fund

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