Fund Evaluator:
ATAC Rotation Institutional (ATCIX)
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Best Performing in Tactical Allocation Over the Last Year
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Fund Details
ATAC Rotation Institutional Overview
ATAC Rotation Institutional (ATCIX) is an actively managed Allocation Tactical Allocation fund. ATAC Fund launched the fund in 2018.
The investment seeks to achieve absolute positive returns over time. The adviser invests the fund's assets primarily in shares of a diversified portfolio of exchange-traded funds ("ETFs") that track various indices or multiples thereof, sometimes referred to "underlying ETFs." These indices may track the performance of the equity and/or fixed income markets, in general, or the performance of specific sectors (e.g., a large grouping of companies operating within the market that share similar characteristics) or market segments (e.g., large, medium, or small capitalization domestic and/or foreign companies).
About ATAC Rotation Institutional (ATCIX)
There are 2 members of the management team with an average tenure of 10.08 years: Michael Gayed (2012), Michael Venuto (2020). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Lipper Flexible Portfolio Fund index with a weighting of 100%. ATAC Rotation Institutional has 6 securities in its portfolio. The top 10 holdings constitute 100.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
ATAC Rotation Institutional is part of the Allocation global asset class and is within the Allocation fund group. ATAC Rotation Institutional has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.2% (98.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ATAC Rotation Institutional has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $41 million in total assets, which is below the $222 million average for the Tactical Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ATCIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ATAC Rotation Institutional expense ratio is high compared to funds in the Tactical Allocation category. ATAC Rotation Institutional has an expense ratio of 1.62%, which is 8% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. ATAC Rotation Institutional has a portfolio turnover rate of 1327%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 196% for the Tactical Allocation category.
Recently, in the month of July 2026, ATAC Rotation Institutional returned -3.8%, which earned it a grade of F, as the Tactical Allocation category had an average return of -0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
ATAC Rotation Institutional has a trailing yield of 1.69%, which is below the 2.86% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
ATAC Rotation Institutional Grades
Year to date, the fund has returned 9.3%, 1.0 percentage points better than the category, which translates into a grade of B. The fund has returned 8.1% over the past year (grade of F), 12.8% over the past three years (grade of B) and -0.1% per year over the past five years (grade of F) and 7.3% per year over the past 10 years (grade of B).
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ATCIX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ATCIX Return (NAV) | -3.8% | -0.1% | 8.1% | 12.8% | -0.1% | 7.3% |
| ATCIX Grade | F | D | F | B | F | B |
| +/- Category | -2.9% | -1.6% | -8.1% | 2.2% | -5.4% | 1.0% |
| Tactical Allocation Avg | -0.9% | 1.5% | 16.2% | 10.6% | 5.3% | 6.3% |
| ATCIX Tax Cost Ratio | na | na | 0.7% | 0.4% | 0.2% | na |
ATCIX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ATCIX Return (NAV) | 9.3% | 19.1% | 5.3% | 2.4% | -25.6% | -10.3% | 72.9% | 8.0% | -11.3% | 26.9% | 8.6% |
| ATCIX Grade | B | A | D | F | F | F | A | F | F | A | B |
| +/- Category | 1.0% | 6.4% | -3.6% | -8.4% | -12.5% | -23.0% | 62.7% | -5.5% | -5.0% | 13.8% | 2.9% |
| Tactical Allocation Avg | 8.4% | 12.7% | 8.9% | 10.8% | -13.1% | 12.7% | 10.2% | 13.5% | -6.2% | 13.2% | 5.6% |
| Risk Measures | |
| Standard Deviation: | 20.0% |
| Total Risk Index: | 1.63 - High |
| Category Risk Index: | 1.95 - High |
| Category Risk Grade: | F (98% Rank) |
| Beta: | 1.58 |
| R-Squared: | 55% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Extensive Sensitivity |
| Yield: | 1.7% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $50 Mil |
| Fund Total Assets: | $ 42 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 1327% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 13.9 years | |||
| Average Tenure: 10.1 years | |||
| Managers (Year): Gayed Michael (2012), Venuto Michael (2020) | |||
Portfolio Composition (as of 2/28/26)
| # of Holdings: | 6 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 98.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.8% |
Purchase Information
| Fund Family: | ATAC Fund |
| Phone Number: | 855-282-2386 |
| Website: | www.atacfund.com |
| Status: | Open |
| Inception Date: | March 26, 2018 |
| Min. Initial Purchase: | $25,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.62% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.76% |
| Share Class: | ATAC Rotation Investor |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 0 |
