Counterpoint Tactical Income Fund Class I
CPITX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Counterpoint Tactical Income Fund Class I (CPITX) is a mutual fund managed by Counterpoint Funds LLC that seeks to provide corporate high-yield like returns in stable or recovering market environments while pursuing capital preservation during economic uncertainty. The fund employs algorithmic, price-driven trend-following models to tactically allocate among mutual funds, closed-end funds, and exchange-traded funds (ETFs) investing in high yield instruments including corporate bonds, bank loans, floating rate bonds, and municipal high yield debt; U.S. Treasuries with average durations of 1-5 years; and cash equivalents such as money market funds. It targets institutional investors with a minimum investment of $100,000 and operates from headquarters in San Diego, California, where Counterpoint Funds LLC, founded in 2014, is based. The fund, which commenced operations on December 4, 2014, serves the alternative fixed income segment, emphasizing risk management through dynamic shifts to defensive assets like short-duration Treasuries or cash when high yield bond prices decline. Its top holdings as of late 2025 include iShares Broad USD High Yield Corporate Bond ETF (23.38%), iShares iBoxx $ High Yield Corporate Bond ETF (10.81%), and T. Rowe Price High Yield Fund Class I (8.98%), reflecting a focus on diversified high yield exposure. Counterpoint Funds offers parallel share classes including Class A (CPATX) and Class C (CPCTX) with varying fee structures and minimums. In a significant operational change effective March 17, 2025, the fund implemented a soft close, restricting new investments to manage capacity and align with its quantitative strategy amid sustained inflows and performance. This follows announcements in February 2025 highlighting the fund's role in diversifier strategies within Counterpoint's lineup of systematic, defensive quantitative products. The contractual expense cap for Class I shares remains at 1.75% net of acquired fund fees through at least February 1, 2026, supporting ongoing accessibility for eligible investors.