Rational Dynamic Brands Fund
HSUTX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Huntington, NY 11743 Huntington NY United States of America 11743
- IPO Date
- Oct 1, 2002
- CIK
- 0000810695
- Website
- rationalmf.com
- Similar Companies
- Business
- Rational Dynamic Brands Fund (HSUTX) is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in the stocks of 25 to 50 companies with the most attractive and leading brands from the Alpha Brands Consumer Spending Index, a proprietary equally weighted basket tracking 200 relevant U.S. and foreign business-to-consumer and business-to-business brands across 70 sub-industries and 10 sectors. The fund employs a multi-step proprietary investment process combining fundamental analysis, including growth themes, single- and multi-factor quantitative screens for characteristics such as growth, value, size, momentum, strong balance sheets, profitability, and dividend yield; technical and risk factor analysis for security selection and portfolio weighting; and a risk-managed approach permitting up to 40% allocation to cash, cash equivalents, protective ETFs, inverse equity ETFs, U.S. Treasury securities, short-term bonds, or the U.S. dollar during periods of economic turmoil, high equity valuations, or unfavorable conditions. It offers three share classes—Institutional Class (HSUTX, CUSIP 628255879, net expense ratio 1.19%), Class A (HSUAX, CUSIP 628255804, net expense ratio 1.46%), and Class C (HSUCX, CUSIP 628255887, net expense ratio 2.15%)—with a minimum initial investment of $1,000 and subsequent investments of $50 for Class A/C or $500 for Institutional Class; distributions occur annually. The fund, advised by Rational Advisors, Inc. and sub-advised by Accuvest Global Advisors with portfolio managers David Garff (Founder, President, CIO, and CCO) and Eric M. Clark, focuses on the $44 trillion global household and business consumption theme, which drives roughly 70% of U.S. GDP through brand loyalty, demographics, and incomes; its portfolio emphasizes thematic diversification across defensive brands (17%), retail and e-commerce (23%), private markets and real assets (16%), experiences (20%), and AI deployment beneficiaries (82%), with overweightings in consumer discretionary (1.6x), consumer staples (2.0x), communication services (2.0x), and financials (1.7x) relative to benchmarks. Top holdings as of September 30, 2025, include Amazon.com Inc. (6.50%), Microsoft Corp. (5.26%), Uber Technologies Inc. (5.23%), Walmart Inc. (5.09%), and Netflix Inc. (4.93%), alongside others like Intuit Inc., TJX Companies, Costco Wholesale, Spotify Technology, and Apple Inc.; portfolio metrics feature a weighted average market cap of $912 billion, return on equity of 26.4%, EPS growth of 19.1%, and expected sales growth of 7.0%. It targets equity investors seeking a core large-growth strategy with unconstrained style-factor tilts (value, growth, domestic/international sales, defensives) that adapts to business cycle evolution, categorized in the large-growth segment investing in big U.S. companies projected to grow faster than peers. Originally launched on September 27, 2002, as the Rational Defensive Growth Fund headquartered with Rational Advisors, Inc. (distributed by Northern Lights Distributors, LLC), the fund underwent a significant strategic shift on October 17, 2017, adopting its current name and investment strategy powered by the Alpha Brands Consumer Spending Index (Bloomberg Ticker: Brands Index). Recent developments include maintenance of a Morningstar 5-star rating for HSUTX as of February 28, 2021, recognition in Accuvest's Alpha Brands U.S. equity suite with Top Guns awards, and updated expense limitations through April 30, 2026 (not exceeding 1.24%, 1.49%, and 2.24% for Institutional, Class A, and Class C shares, excluding certain costs like brokerage, interest, and taxes). As of Q3 2025 factsheet data ending September 30, 2025, Institutional Class shares delivered YTD returns of 5.08%, 1-year returns of 11.06%, 3-year annualized returns of 26.07%, and since-strategy-change annualized returns of 13.57%, outperforming the Morningstar Global Target Market Exposure Net Return Index in several periods while exhibiting a turnover rate of 194% and total assets under management approximating $81.9 million. The fund operates primarily in U.S. markets with international exposure through foreign brands, maintaining no noted subsidiaries, parent relationships, acquisitions, funding rounds, or new product launches in the past 1-2 years beyond ongoing portfolio adaptations and performance reporting.