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SEMMX

ETF / Fund Medalist Partners MBS Total Return Fund
$8.46
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 8% of portfolio weight covered
Fund look-through

Medalist Partners MBS Total Return Fund · Advisors Series Trust

170 holdings · as of 2026-05-31 (3.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

NON-COMPLIANT At least 7.96% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 93% turns out to be. Matching more holdings can only raise this share, never lower it.

7.96% of that is conventional interest-bearing debt — US Treasuries or agency mortgage paper — identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.

170 holdings, 22 matched (8% of weight). Portfolio as of 2026-05-31, filed 2026-07-28. Source: SEC Form N-PORT.

Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.

All holdings (170)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
First American Government Obli UNSCREENED 4.09% no in-house ratios for this holding
JP Morgan Chase Commercial Mor UNSCREENED 1.95% no in-house ratios for this holding
WB Commercial Mortgage Trust UNSCREENED 1.89% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 1.88% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 1.74% no in-house ratios for this holding
Morgan Stanley BAML Trust UNSCREENED 1.69% no in-house ratios for this holding
HTAP Trust UNSCREENED 1.55% no in-house ratios for this holding
Atrium Hotel Portfolio Trust UNSCREENED 1.45% no in-house ratios for this holding
CRB Commercial Mortgage Trust UNSCREENED 1.44% no in-house ratios for this holding
Credit Suisse Mortgage Trust UNSCREENED 1.42% no in-house ratios for this holding
Point Securitization Trust UNSCREENED 1.39% no in-house ratios for this holding
BENCHMARK Mortgage Trust UNSCREENED 1.28% no in-house ratios for this holding
Avant Loans Funding Trust UNSCREENED 1.20% no in-house ratios for this holding
Multifamily Structured Credit NON_COMPLIANT 1.13% no in-house ratios for this holding
A10 Securitization UNSCREENED 1.12% no in-house ratios for this holding
PNW Trust UNSCREENED 1.12% no in-house ratios for this holding
BENCHMARK Mortgage Trust UNSCREENED 1.11% no in-house ratios for this holding
GS Mortgage Securities Trust UNSCREENED 1.10% no in-house ratios for this holding
CFK Trust UNSCREENED 1.07% no in-house ratios for this holding
Progress Residential Trust UNSCREENED 1.05% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 1.05% no in-house ratios for this holding
Credit Suisse Mortgage Trust UNSCREENED 1.03% no in-house ratios for this holding
SFAVE Commercial Mortgage Secu UNSCREENED 1.02% no in-house ratios for this holding
Fannie Mae - CAS NON_COMPLIANT 1.01% no in-house ratios for this holding
UNLOCK HEA TRUST UNSCREENED 0.96% no in-house ratios for this holding
Wells Fargo Commercial Mortgag UNSCREENED 0.93% no in-house ratios for this holding
AXMF Re-REMIC Trust UNSCREENED 0.93% no in-house ratios for this holding
Verus Securitization Trust UNSCREENED 0.92% no in-house ratios for this holding
JP Morgan Chase Commercial Mor UNSCREENED 0.88% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.87% no in-house ratios for this holding
Multifamily Structured Credit NON_COMPLIANT 0.86% no in-house ratios for this holding
PRKCM Trust UNSCREENED 0.86% no in-house ratios for this holding
Deephaven Residential Mortgage UNSCREENED 0.85% no in-house ratios for this holding
SYCA Commercial Mortgage Trust UNSCREENED 0.85% no in-house ratios for this holding
Home Owner Mortgage Enhanced S UNSCREENED 0.84% no in-house ratios for this holding
Splitero Trust 2025-1 UNSCREENED 0.84% no in-house ratios for this holding
Morgan Stanley BAML Trust UNSCREENED 0.82% no in-house ratios for this holding
Deephaven Residential Mortgage UNSCREENED 0.82% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.82% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.82% no in-house ratios for this holding
harvest commercial capital loa UNSCREENED 0.81% no in-house ratios for this holding
Point Securitization Trust UNSCREENED 0.81% no in-house ratios for this holding
FTAI MRE 2026-1 Cayman Limited UNSCREENED 0.80% no in-house ratios for this holding
Navigator Aviation Ltd UNSCREENED 0.79% no in-house ratios for this holding
UPX HIL 2025-1 Issuer Trust UNSCREENED 0.78% no in-house ratios for this holding
FRTKL UNSCREENED 0.78% no in-house ratios for this holding
Freddie Mac - STACR NON_COMPLIANT 0.78% no in-house ratios for this holding
Sabey Data Center Issuer LLC UNSCREENED 0.77% no in-house ratios for this holding
Flagstar Mortgage Trust UNSCREENED 0.77% no in-house ratios for this holding
COLT Funding LLC UNSCREENED 0.77% no in-house ratios for this holding
Ellington Financial Mortgage T UNSCREENED 0.76% no in-house ratios for this holding
Point Securitization Trust UNSCREENED 0.75% no in-house ratios for this holding
Multifamily Structured Credit NON_COMPLIANT 0.74% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.74% no in-house ratios for this holding
Freddie Mac - STACR NON_COMPLIANT 0.71% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.71% no in-house ratios for this holding
FSMBT Trust UNSCREENED 0.70% no in-house ratios for this holding
AMSR Trust UNSCREENED 0.70% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.69% no in-house ratios for this holding
Morgan Stanley Capital I Trust UNSCREENED 0.68% no in-house ratios for this holding
UNLOCK HEA TRUST UNSCREENED 0.68% no in-house ratios for this holding
SOHO Trust 2021-SOHO UNSCREENED 0.68% no in-house ratios for this holding
Washington Mutual Mortgage Pas UNSCREENED 0.66% no in-house ratios for this holding
Point Securitization Trust UNSCREENED 0.65% no in-house ratios for this holding
Multifamily Structured Credit NON_COMPLIANT 0.64% no in-house ratios for this holding
United Wholsale Mortgage LLC UNSCREENED 0.63% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.62% no in-house ratios for this holding
Multifamily Connecticut Avenue UNSCREENED 0.62% no in-house ratios for this holding
BENCHMARK Mortgage Trust UNSCREENED 0.60% no in-house ratios for this holding
RAAC Series UNSCREENED 0.59% no in-house ratios for this holding
Sequoia Mortgage Trust UNSCREENED 0.59% no in-house ratios for this holding
New York Mortgage Trust UNSCREENED 0.58% no in-house ratios for this holding
Fannie Mae - CAS NON_COMPLIANT 0.58% no in-house ratios for this holding
Bank UNSCREENED 0.58% no in-house ratios for this holding
Upstart Securitization Trust UNSCREENED 0.57% no in-house ratios for this holding
New Residential Mortgage Loan UNSCREENED 0.57% no in-house ratios for this holding
Verus Securitization Trust UNSCREENED 0.57% no in-house ratios for this holding
Saluda Grade Alternative Mortg UNSCREENED 0.56% no in-house ratios for this holding
JP Morgan Chase Commercial Mor UNSCREENED 0.56% no in-house ratios for this holding
A10 Securitization UNSCREENED 0.56% no in-house ratios for this holding
Barclays Commercial Mortgage S UNSCREENED 0.56% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.56% no in-house ratios for this holding
Imperial Fund LLC UNSCREENED 0.55% no in-house ratios for this holding
Mill City Mortgage Trust UNSCREENED 0.55% no in-house ratios for this holding
Apollo Aviation Securitization UNSCREENED 0.55% no in-house ratios for this holding
COLT Funding LLC UNSCREENED 0.55% no in-house ratios for this holding
Residential Asset Mortgage Pro UNSCREENED 0.54% no in-house ratios for this holding
Unison Trust UNSCREENED 0.53% no in-house ratios for this holding
harvest commercial capital loa UNSCREENED 0.53% no in-house ratios for this holding
NMLT Trust UNSCREENED 0.53% no in-house ratios for this holding
Sequoia Mortgage Trust UNSCREENED 0.52% no in-house ratios for this holding
Farmer Mac Agricultural Real E UNSCREENED 0.52% no in-house ratios for this holding
New Residential Mortgage Loan UNSCREENED 0.52% no in-house ratios for this holding
BX Trust UNSCREENED 0.52% no in-house ratios for this holding
UNLOCK HEA TRUST UNSCREENED 0.51% no in-house ratios for this holding
UNLOCK HEA TRUST UNSCREENED 0.49% no in-house ratios for this holding
CHNGE Mortgage Trust 2022-1 UNSCREENED 0.49% no in-house ratios for this holding
Preston Ridge Partners Mortgag UNSCREENED 0.48% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.48% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.47% no in-house ratios for this holding
Preston Ridge Partners Mortgag UNSCREENED 0.46% no in-house ratios for this holding
Bank UNSCREENED 0.46% no in-house ratios for this holding
Fannie Mae - CAS NON_COMPLIANT 0.43% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.43% no in-house ratios for this holding
COLT Funding LLC UNSCREENED 0.42% no in-house ratios for this holding
Point Securitization Trust UNSCREENED 0.41% no in-house ratios for this holding
Verus Securitization Trust UNSCREENED 0.41% no in-house ratios for this holding
SFAVE Commercial Mortgage Secu UNSCREENED 0.41% no in-house ratios for this holding
Barclays Commercial Mortgage S UNSCREENED 0.40% no in-house ratios for this holding
Wells Fargo Commercial Mortgag UNSCREENED 0.38% no in-house ratios for this holding
HTAP Trust UNSCREENED 0.37% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.37% no in-house ratios for this holding
BENCHMARK Mortgage Trust UNSCREENED 0.36% no in-house ratios for this holding
Starwood Mortgage Residential UNSCREENED 0.36% no in-house ratios for this holding
Radnor Re LTD UNSCREENED 0.36% no in-house ratios for this holding
COLT Funding LLC UNSCREENED 0.35% no in-house ratios for this holding
Toorak Mortgage Corp. UNSCREENED 0.34% no in-house ratios for this holding
HTAP Trust UNSCREENED 0.33% no in-house ratios for this holding
ALEN 2021-ACEN Mortgage Trust UNSCREENED 0.33% no in-house ratios for this holding
A&D Mortgage Trust UNSCREENED 0.32% no in-house ratios for this holding
Bank UNSCREENED 0.32% no in-house ratios for this holding
Freddie Mac - SCRT NON_COMPLIANT 0.31% no in-house ratios for this holding
harvest commercial capital loa UNSCREENED 0.31% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.30% no in-house ratios for this holding
Morgan Stanley Capital I Trust UNSCREENED 0.30% no in-house ratios for this holding
Fannie Mae - CAS NON_COMPLIANT 0.30% no in-house ratios for this holding
JP Morgan Mortgage Trust UNSCREENED 0.30% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.29% no in-house ratios for this holding
Flagstar Mortgage Trust UNSCREENED 0.29% no in-house ratios for this holding
Fannie Mae - CAS NON_COMPLIANT 0.29% no in-house ratios for this holding
BXHPP Trust UNSCREENED 0.29% no in-house ratios for this holding
Saluda Grade Alternative Mortg UNSCREENED 0.28% no in-house ratios for this holding
A&D Mortgage Trust UNSCREENED 0.27% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.27% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.27% no in-house ratios for this holding
Volofin Finance Designated Act UNSCREENED 0.27% no in-house ratios for this holding
Starwood Mortgage Residential UNSCREENED 0.26% no in-house ratios for this holding
Ellington Financial Mortgage T UNSCREENED 0.25% no in-house ratios for this holding
J.P. Morgan Wealth Management UNSCREENED 0.22% no in-house ratios for this holding
Thunderbolt Aircraft Lease Lim UNSCREENED 0.21% no in-house ratios for this holding
STARWOOD MORTGAGE RESIDENTIAL UNSCREENED 0.21% no in-house ratios for this holding
FIGRE Trust UNSCREENED 0.18% no in-house ratios for this holding
Verus Securitization Trust UNSCREENED 0.17% no in-house ratios for this holding
Freddie Mac Whole Loan Securit NON_COMPLIANT 0.16% no in-house ratios for this holding
J.P. Morgan Wealth Management UNSCREENED 0.15% no in-house ratios for this holding
Towd Point Mortgage Trust UNSCREENED 0.10% no in-house ratios for this holding
Colony American Finance Ltd UNSCREENED 0.07% no in-house ratios for this holding
Residential Funding Securities UNSCREENED 0.04% no in-house ratios for this holding
Countrywide Alternative Loan T UNSCREENED 0.03% no in-house ratios for this holding
Fannie Mae NON_COMPLIANT 0.02% no in-house ratios for this holding
Radnor Re LTD UNSCREENED 0.01% no in-house ratios for this holding
Asset Backed Securities Corp H UNSCREENED 0.01% no in-house ratios for this holding
Eagle Re Ltd UNSCREENED 0.01% no in-house ratios for this holding
Countrywide Alternative Loan T UNSCREENED 0.00% no in-house ratios for this holding
FannieMae Grantor Trust NON_COMPLIANT 0.00% no in-house ratios for this holding
FannieMae Grantor Trust NON_COMPLIANT 0.00% no in-house ratios for this holding
Structured Adjustable Rate Mor UNSCREENED 0.00% no in-house ratios for this holding
GSAA Home Equity Trust UNSCREENED 0.00% no in-house ratios for this holding
Countrywide Alternative Loan T UNSCREENED 0.00% no in-house ratios for this holding
FannieMae Whole Loan NON_COMPLIANT 0.00% no in-house ratios for this holding
Banc of America Funding Corpor UNSCREENED 0.00% no in-house ratios for this holding
Conseco Finance Home Loan Trus UNSCREENED 0.00% no in-house ratios for this holding
Fannie Mae NON_COMPLIANT 0.00% no in-house ratios for this holding
AFC Home Equity Loan Trust UNSCREENED 0.00% no in-house ratios for this holding
Countrywide Alternative Loan T UNSCREENED 0.00% no in-house ratios for this holding
Citigroup Mortgage Loan Trust UNSCREENED 0.00% no in-house ratios for this holding
Fanniemae-Aces NON_COMPLIANT 0.00% no in-house ratios for this holding
Government National Mortgage A NON_COMPLIANT 0.00% no in-house ratios for this holding
Government National Mortgage A NON_COMPLIANT 0.00% no in-house ratios for this holding
Government National Mortgage A NON_COMPLIANT 0.00% no in-house ratios for this holding
Non-compliant holdingWeight
Multifamily Structured Credit 1.13%
Fannie Mae - CAS 1.01%
Multifamily Structured Credit 0.86%
Freddie Mac - STACR 0.78%
Multifamily Structured Credit 0.74%
Freddie Mac - STACR 0.71%
Multifamily Structured Credit 0.64%
Fannie Mae - CAS 0.58%
Fannie Mae - CAS 0.43%
Freddie Mac - SCRT 0.31%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

SEMMX (SEMMX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

NON-COMPLIANT
Sharia compliance

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for SEMMX — this runs off the critical path so the page paints first. It will appear here on its own.

8.538.448.358.268.172025-09-182026-03-192026-09-17

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance

This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
8.43 8.49
±0.36% from 8.46, made 2026-09-15 · resolves 2026-09-22
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 50572 forecast(s) are currently open and will be scored automatically when their horizon expires.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
2 buy · 0 neutral · 10 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)37.40NEUTRAL
Stochastic %K (14)12.50BUY
CCI (20)-109.87BUY
Williams %R (14)-87.50BUY
MACD (12,26,9)-0.01SELL
ROC (10)-0.70SELL
Momentum (10)-0.06SELL
EMA (10)8.48SELL
SMA (10)8.48SELL
EMA (20)8.49SELL
SMA (20)8.50SELL
EMA (30)8.49SELL
SMA (30)8.51SELL
EMA (50)8.49SELL
SMA (50)8.50SELL
EMA (100)8.48SELL
SMA (100)8.48SELL
EMA (200)8.43BUY
SMA (200)8.45BUY

About SEMMX

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities ("MBS"). The weighted average maturity of the fund's MBS investments will generally range from between 1 and 10 years and the fund may invest without limit in MBS that are rated below investment grade (i.e., "high yield" or "junk" ratings).

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.