Matisse Discounted Closed End Fund Quote
| MDCEX Fund | USD 7.01 0.06 0.86% |
PerformanceVery Weak
| Odds Of DistressLow
|
Matisse Discounted is trading at 7.01 as of the 25th of March 2025; that is 0.86 percent up since the beginning of the trading day. The fund's open price was 6.95. Matisse Discounted has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 5th of April 2023 and ending today, the 25th of March 2025. Click here to learn more.
The fund is a fund of funds that seeks to achieve its investment objectives principally through investments in unaffiliated closed-end funds that pay regular periodic cash distributions, the interests of which typically trade at substantial discounts relative to their underlying net asset values. More on Matisse Discounted Closed End
Matisse Mutual Fund Highlights
| Fund Concentration | Matisse Funds, Large Value Funds, Tactical Allocation Funds, Tactical Allocation, Matisse Funds, Large, Tactical Allocation (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 1st of August 2022 |
| Fiscal Year End | March |
Matisse Discounted Closed End [MDCEX] is traded in USA and was established 25th of March 2025. Matisse Discounted is listed under Matisse Funds category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Matisse Funds family. This fund now has accumulated 37.91 M in assets with minimum initial investment of 1 K. Matisse Discounted is currently producing year-to-date (YTD) return of 4.41% with the current yeild of 0.07%, while the total return for the last 3 years was 11.97%.
Check Matisse Discounted Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Matisse Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Matisse Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Matisse Discounted Closed End Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Matisse Discounted Closed End Mutual Fund Constituents
| HQL | Tekla Life Sciences | Stock | Financials | |
| HYD | VanEck High Yield | Etf | High Yield Muni | |
| SOR | Source Capital Closed | Stock | Financials | |
| CAF | Morgan Stanley China | Fund | Asset Management | |
| PEO | Adams Natural Resources | Fund | Asset Management | |
| ADX | Adams Diversified Equity | Fund | Asset Management | |
| CET | Central Securities | Stock | Financials | |
| GGZ | Gabelli Global Small | Stock | Financials |
Matisse Discounted Risk Profiles
| Mean Deviation | 0.5431 | |||
| Standard Deviation | 0.8889 | |||
| Variance | 0.7902 | |||
| Risk Adjusted Performance | (0.03) |
Matisse Discounted Against Markets
Other Information on Investing in Matisse Mutual Fund
Matisse Discounted financial ratios help investors to determine whether Matisse Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Matisse with respect to the benefits of owning Matisse Discounted security.
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