We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Buy 3 Easterly Mutual Funds With Distinct Investment Strategies
Read MoreHide Full Article
Easterly Asset Management is a global investment management firm launched in 2019. The firm pairs specialized investment teams with premier mutual fund investment strategies across equities, fixed-income, and alternative investments. It is a multi-manager investment firm offering a variety of actively managed investment portfolios with different investment objectives.
Easterly selects investment managers with a proven track record and supports them in their investment decisions, with a focus on risk management and support of the necessary infrastructure and services. Easterly’s leadership team, on average, has more than 20 years of experience in the financial services industry. This structure makes Easterly mutual funds a compelling investment option.
We have picked three funds — Easterly Hedged Equity (JDAEX - Free Report) , Easterly Snow Long/Short Opportunity (SNOAX - Free Report) and Easterly Income Opportunities (JASVX - Free Report) — which investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or Rank 2 (Buy), with positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds have provided comparatively stronger performance and carry a lower fee.
Easterly Hedged Equity fund invests its assets in U.S. equities and uses options strategies to hedge against significant market downturns.
Edward Boll has been the lead manager of JDAEX since July 15, 2015. Most of the fund’s holdings were in companies such as State Street SPDR S&P 500 ETF Trust (88.7%), Other (10.9%) and Options (0.5%) as of May 31, 2026.
JDAEX’s 3-year and 5-year annualized returns are 14.5% and 10.3%, respectively. Its net expense ratio is 1.56%. JDAEX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category, and other 1 (Strong Buy) and 2 Ranked Mutual Funds,please click here.
Easterly Snow Long/Short Opportunity fund invests in equity securities of companies of all sizes, including common and preferred stocks, convertible securities, and equity-focused funds and ETFs.
Joseph Artuso has been the lead manager of SNOAX since Aug. 16, 2023. Most of the fund’s holdings were in companies like B2Gold Corp. (4.3%), Dell Technologies Inc. (4.2%) and JPMorgan Chase & Co. (3.5%) as of May 31, 2026.
SNOAX’s 3-year and 5-year annualized returns are 15.2% and 10%, respectively. Its net expense ratio is 1.92%. SNOAX has a Zacks Mutual Fund Rank #2.
Easterly Income Opportunities fund invests primarily in common stocks with the potential for long-term growth of capital using a ''value'' approach. JASVX portfolio manager seeks attractively valued companies that are improving their free cash flow and improving their returns on invested capital.
Jay Menozzi has been the lead manager of JASVX since Aug. 21, 2018. Most of the fund’s holdings were in companies like Miscellaneous Bonds (1.8%), Other (1.8%) and U.S. Treasury Note (1.3%) as of May 31, 2026.
JASVX’s 3-year and 5-year annualized returns are 6.1% and 2.8%, respectively. Its net expense ratio is 1.70%. JASVX has a Zacks Mutual Fund Rank #2.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week.Get it free >>
View the Zacks #1 Rank List
Image: Bigstock
Buy 3 Easterly Mutual Funds With Distinct Investment Strategies
Easterly Asset Management is a global investment management firm launched in 2019. The firm pairs specialized investment teams with premier mutual fund investment strategies across equities, fixed-income, and alternative investments. It is a multi-manager investment firm offering a variety of actively managed investment portfolios with different investment objectives.
Easterly selects investment managers with a proven track record and supports them in their investment decisions, with a focus on risk management and support of the necessary infrastructure and services. Easterly’s leadership team, on average, has more than 20 years of experience in the financial services industry. This structure makes Easterly mutual funds a compelling investment option.
We have picked three funds — Easterly Hedged Equity (JDAEX - Free Report) , Easterly Snow Long/Short Opportunity (SNOAX - Free Report) and Easterly Income Opportunities (JASVX - Free Report) — which investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or Rank 2 (Buy), with positive three-year and five-year annualized returns, minimum initial investments within $5000 and expense ratios considerably lower than the category average. So, these funds have provided comparatively stronger performance and carry a lower fee.
Easterly Hedged Equity fund invests its assets in U.S. equities and uses options strategies to hedge against significant market downturns.
Edward Boll has been the lead manager of JDAEX since July 15, 2015. Most of the fund’s holdings were in companies such as State Street SPDR S&P 500 ETF Trust (88.7%), Other (10.9%) and Options (0.5%) as of May 31, 2026.
JDAEX’s 3-year and 5-year annualized returns are 14.5% and 10.3%, respectively. Its net expense ratio is 1.56%. JDAEX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category, and other 1 (Strong Buy) and 2 Ranked Mutual Funds,please click here.
Easterly Snow Long/Short Opportunity fund invests in equity securities of companies of all sizes, including common and preferred stocks, convertible securities, and equity-focused funds and ETFs.
Joseph Artuso has been the lead manager of SNOAX since Aug. 16, 2023. Most of the fund’s holdings were in companies like B2Gold Corp. (4.3%), Dell Technologies Inc. (4.2%) and JPMorgan Chase & Co. (3.5%) as of May 31, 2026.
SNOAX’s 3-year and 5-year annualized returns are 15.2% and 10%, respectively. Its net expense ratio is 1.92%. SNOAX has a Zacks Mutual Fund Rank #2.
Easterly Income Opportunities fund invests primarily in common stocks with the potential for long-term growth of capital using a ''value'' approach. JASVX portfolio manager seeks attractively valued companies that are improving their free cash flow and improving their returns on invested capital.
Jay Menozzi has been the lead manager of JASVX since Aug. 21, 2018. Most of the fund’s holdings were in companies like Miscellaneous Bonds (1.8%), Other (1.8%) and U.S. Treasury Note (1.3%) as of May 31, 2026.
JASVX’s 3-year and 5-year annualized returns are 6.1% and 2.8%, respectively. Its net expense ratio is 1.70%. JASVX has a Zacks Mutual Fund Rank #2.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week.Get it free >>