Fund Evaluator:
Quantified Govt Inc Tact Investor (QGITX)
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Best Performing in Long Government Over the Last Year
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| 0.5% | Russell Inv Long Duration Bond M (RMHTX) |
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Fund Details
Quantified Govt Inc Tact Investor Overview
Quantified Govt Inc Tact Investor (QGITX) is an actively managed Taxable Bond Long Government fund. Advisors Preferred launched the fund in 2021.
The investment seeks high total return consistent with a moderate tolerance for risk. The fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in U.S. government securities. The advisor defines U.S. government securities as debt instruments issued or guaranteed by the U.S. Treasury, any agency, instrumentality, or sponsored enterprise of the U.S. government and ETFs, closed-end funds and mutual funds that invest primarily in the preceding debt instruments, and futures and swap contracts on the preceding instruments. It invests primarily in income-producing securities. The fund invests in securities of any maturity.
About Quantified Govt Inc Tact Investor (QGITX)
There are 2 members of the management team with an average tenure of 3.86 years: Daniel Poppe (2024), Jerry Wagner (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. Quantified Govt Inc Tact Investor has 5 securities in its portfolio. The top 10 holdings constitute 98.3% 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.
Quantified Govt Inc Tact Investor is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Quantified Govt Inc Tact Investor 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 0.2% (0.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Quantified Govt Inc Tact Investor has 99.8% of the portfolio in cash.
Assets Under Management
The fund has $24 million in total assets, which is below the $1 billion average for the Long Government 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.
QGITX 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 Quantified Govt Inc Tact Investor expense ratio is high compared to funds in the Long Government category. Quantified Govt Inc Tact Investor has an expense ratio of 1.81%, which is 54% higher than its category average, making the fund expense ratio grade a F. 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. Quantified Govt Inc Tact Investor has a portfolio turnover rate of 415%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 120% for the Long Government category.
Recently, in the month of August 2026, Quantified Govt Inc Tact Investor returned -0.5%, which earned it a grade of F, as the Long Government category had an average return of 0.6%. 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.
Quantified Govt Inc Tact Investor has a trailing yield of 2.51%, which is below the 4.49% 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.
Quantified Govt Inc Tact Investor Grades
Year to date, the fund has returned -6.3%, 3.4 percentage points worse than the category, which translates into a grade of F. The fund has returned -6.3% over the past year (grade of F), -3.5% over the past three years (grade of F) and -6.5% per year over the past five years (grade of B).
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QGITX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QGITX Return (NAV) | -0.5% | -3.0% | -6.3% | -3.5% | -6.5% | na |
| QGITX Grade | F | F | F | F | B | na |
| +/- Category | -1.1% | -0.6% | -6.0% | -3.9% | -0.6% | na |
| Long Government Avg | 0.6% | -2.4% | -0.3% | 0.4% | -5.9% | -1.8% |
| QGITX Tax Cost Ratio | na | na | 0.9% | 1.6% | 1.0% | na |
QGITX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QGITX Return (NAV) | -6.3% | 5.5% | 1.3% | -11.3% | -21.5% | na | na | na | na | na | na |
| QGITX Grade | F | C | A | F | B | na | na | na | na | na | na |
| +/- Category | -3.4% | -0.8% | 7.3% | -14.5% | 3.8% | na | na | na | na | na | na |
| Long Government Avg | -2.9% | 6.3% | -6.0% | 3.2% | -25.3% | -4.1% | 14.7% | 12.5% | -1.7% | 7.5% | 1.3% |
| Risk Measures | |
| Standard Deviation: | 6.2% |
| Total Risk Index: | 0.51 - Below Average |
| Category Risk Index: | 0.48 - Low |
| Category Risk Grade: | A (9% Rank) |
| Beta: | 0.47 |
| R-Squared: | 18% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Extensive Sensitivity |
| Yield: | 2.5% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $24 Mil |
| Fund Total Assets: | $ 24 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 415% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.4 years | |||
| Average Tenure: 3.9 years | |||
| Managers (Year): Wagner Jerry (2021), Poppe Daniel (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 98.3% |
| 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: | 0.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 99.8% |
Purchase Information
| Fund Family: | Advisors Preferred |
| Phone Number: | 855-647-8268 |
| Website: | www.advisorspreferred.com |
| Status: | Open |
| Inception Date: | April 15, 2021 |
| Min. Initial Purchase: | $10,000 |
| Min. Initial IRA Purchase: | $10,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.81% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.17% |
| Share Class: | Quantified Govt Inc Tact Investor |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 0 |
