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BTFAX:NASDAQBTS Tactical Fixed Income Fund - Class A Analysis

Data as of 2026-08-23 - not real-time

$7.52

Latest Price

2/10Risk

Risk Level: Low

Executive Summary

The moving-average structure behind BTS Tactical Fixed Income A is bearish at $7.52, with short-term averages lagging the long-term ones. With RSI at 51.8 the momentum picture is neutral, alongside a bullish MACD signal. The recent range runs from support at $7.46 up to resistance at $7.54.
The 0.01% expense ratio is very low for its category, and the fund manages $32.6M in assets.
Risk comes out at 2 of a possible 10, a low reading. With 30-day volatility of 2.9% and a beta of 0.16, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Across every horizon the signals point the same way: hold, at a conviction of 2 out of 10.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 7.61
  • MACD momentum is positive

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 7.61
  • MACD momentum is positive

Long Term

> 3 years
Neutral
Model confidence: 2/10

Key Factors

  • Low expense ratio of 0.01%
  • Short-term moving averages stacked below long-term ones
  • 30-day volatility of 2.9%

Key Metrics & Analysis

Mutual Fund Metrics

Expense Ratio0.01%
Turnover Ratio237.00%
BenchmarkS&P 500
Max Drawdown-4.97%
Style DriftHigh

Technical Analysis

TrendBearish
RSI51.8
Support$7.46
Resistance$7.54
MA 20$7.51
MA 50$7.52
MA 200$7.61
MACDBullish
VolumeStable
Fear & Greed Index94.41

Risk Assessment

Beta0.16
Volatility2.92%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.