SIIIXETF / FundAlphaCentric Real Income Fund
Verdicts genuinely change. Free email alert the moment SIIIX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
AlphaCentric Real Income Fund · MUTUAL FUND SERIES TRUST
83 holdings
NON-COMPLIANT At least 35.39% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 61% turns out to be. Matching more holdings can only raise this share, never lower it.
0.89% of that is conventional interest-bearing debt, 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.
83 holdings, 28 matched (39% of weight). Portfolio as of 2026-06-30, filed 2026-08-27. Source: SEC Form N-PORT.
1.13% of this portfolio’s income is non-permissible — weighted across holdings, computed over 36% of portfolio weight (22 of 83 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
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 (83)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| FIRST AMERICAN FUNDS INC | UNSCREENED | 20.91% | no in-house ratios for this holding |
| CONTAINER STORE 10.8154 | UNSCREENED | 4.56% | no in-house ratios for this holding |
| DGWD TRUST 2025-INFL | UNSCREENED | 3.51% | no in-house ratios for this holding |
| EEFT EURONET WORLDWIDE INC | NON_COMPLIANT | 3.43% | AAOIFI101.6% Usmani43.2% Dow Jones Islamic75.9% S&P Shariah70.3% MSCI Islamic43.2% MSCI Islamic M-Series70.3% FTSE Shariah40.9% |
| GENWORTH HOLDINGS INC | UNSCREENED | 3.36% | no in-house ratios for this holding |
| BFS SAUL CENTERS INC | NON_COMPLIANT | 3.07% | AAOIFI199.6% Usmani74.3% Dow Jones Islamic202.8% S&P Shariah205.7% MSCI Islamic74.3% MSCI Islamic M-Series205.7% FTSE Shariah74.3% |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 2.93% | AAOIFI67.9% Usmani108.8% Dow Jones Islamic61.9% S&P Shariah60.7% MSCI Islamic108.8% MSCI Islamic M-Series60.7% FTSE Shariah84.8% |
| MHP COMMERCIAL MORTGAGE TRUST 2021-STOR | UNSCREENED | 2.64% | no in-house ratios for this holding |
| BLDR BUILDERS FIRSTSOURCE INC | NON_COMPLIANT | 2.62% | AAOIFI91.9% Usmani46.3% Dow Jones Islamic41.1% S&P Shariah34.5% MSCI Islamic46.3% MSCI Islamic M-Series34.5% FTSE Shariah40.5% |
| HHH HOWARD HUGHES HOLDINGS INC | NON_COMPLIANT | 2.51% | AAOIFI133.4% Usmani32.1% Dow Jones Islamic124.7% S&P Shariah129.5% MSCI Islamic32.1% MSCI Islamic M-Series129.5% FTSE Shariah32.1% |
| NGL NGL ENERGY PARTNERS LP | NON_COMPLIANT | 2.34% | AAOIFI151.8% Usmani81.4% Dow Jones Islamic322.5% S&P Shariah368.4% MSCI Islamic81.2% MSCI Islamic M-Series368.4% FTSE Shariah78.4% |
| SUMMIT MIDSTREAM HOLDINGS LLC | UNSCREENED | 2.20% | no in-house ratios for this holding |
| FET FORUM ENERGY TECHNOLOGIES INC | NON_COMPLIANT | 2.10% | AAOIFI26.0% Usmani33.5% Dow Jones Islamic61.2% S&P Shariah72.6% MSCI Islamic33.0% MSCI Islamic M-Series72.6% FTSE Shariah20.1% |
| PENNANTPARK INVESTMENT CORP | UNSCREENED | 2.03% | no in-house ratios for this holding |
| BORAS V-tyget 1 AB | UNSCREENED | 1.98% | no in-house ratios for this holding |
| AHRT AH REALTY TRUST INC | NON_COMPLIANT | 1.91% | AAOIFI150.8% Usmani49.6% Dow Jones Islamic173.5% S&P Shariah166.6% MSCI Islamic49.6% MSCI Islamic M-Series166.6% FTSE Shariah49.6% |
| SMA SMARTSTOP SELF STORAGE REIT INC | NON_COMPLIANT | 1.90% | AAOIFI58.1% Usmani46.1% Dow Jones Islamic— S&P Shariah— MSCI Islamic46.1% MSCI Islamic M-Series— FTSE Shariah46.1% |
| BMR.V BATTERY MINERAL RESOURCES CORP | COMPLIANT | 1.86% | AAOIFI22.1% Usmani16.5% Dow Jones Islamic— S&P Shariah— MSCI Islamic15.6% MSCI Islamic M-Series— FTSE Shariah15.6% |
| CTO CTO REALTY GROWTH INC | NON_COMPLIANT | 1.76% | AAOIFI80.6% Usmani50.0% Dow Jones Islamic115.6% S&P Shariah134.6% MSCI Islamic50.0% MSCI Islamic M-Series134.6% FTSE Shariah50.0% |
| AAT AMERICAN ASSETS TRUST INC | NON_COMPLIANT | 1.74% | AAOIFI128.1% Usmani58.6% Dow Jones Islamic137.3% S&P Shariah141.5% MSCI Islamic58.6% MSCI Islamic M-Series141.5% FTSE Shariah58.6% |
| AXR AMREP CORP | NON_COMPLIANT | 1.72% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| GETTY IMAGES INC | UNSCREENED | 1.65% | no in-house ratios for this holding |
| MICC.AS MAGNUM ICE CREAM COMPANY NV (THE) | NON_COMPLIANT | 1.63% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ASP DATA CENTER AS | UNSCREENED | 1.63% | no in-house ratios for this holding |
| SUPERIOR PLUS LP / SUPERIOR GENERAL PARTNER INC | UNSCREENED | 1.34% | no in-house ratios for this holding |
| GPK GRAPHIC PACKAGING HOLDING COMPANY | NON_COMPLIANT | 1.11% | AAOIFI192.9% Usmani48.5% Dow Jones Islamic100.1% S&P Shariah90.7% MSCI Islamic48.4% MSCI Islamic M-Series90.7% FTSE Shariah48.4% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | UNSCREENED | 1.07% | no in-house ratios for this holding |
| NAM TAI PROPERTY INC | UNSCREENED | 1.02% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.98% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| MATTEL INC | UNSCREENED | 0.98% | no in-house ratios for this holding |
| CFCRE 2016-C6 MORTGAGE TRUST | UNSCREENED | 0.96% | no in-house ratios for this holding |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2016-C28 | UNSCREENED | 0.88% | no in-house ratios for this holding |
| SG COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C5 | UNSCREENED | 0.83% | no in-house ratios for this holding |
| BALY BALLY'S CORP | NON_COMPLIANT | 0.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UMG.AS UNIVERSAL MUSIC GROUP NV | COMPLIANT | 0.74% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| SECURE WASTE INFRASTRUCTURE CORP | UNSCREENED | 0.73% | no in-house ratios for this holding |
| ANGI INC | UNSCREENED | 0.70% | no in-house ratios for this holding |
| CENTERSPACE REAL ESTATE INVESTMENT TRUST | UNSCREENED | 0.66% | no in-house ratios for this holding |
| CMCSA COMCAST CORP | NON_COMPLIANT | 0.58% | AAOIFI116.3% Usmani35.1% Dow Jones Islamic144.7% S&P Shariah134.9% MSCI Islamic35.1% MSCI Islamic M-Series134.9% FTSE Shariah35.1% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.52% | no in-house ratios for this holding |
| WFRBS COMMERCIAL MORTGAGE TRUST 2013-C15 | UNSCREENED | 0.51% | no in-house ratios for this holding |
| ITIC INVESTORS TITLE CO INC | NON_COMPLIANT | 0.49% | AAOIFI1.5% Usmani2.3% Dow Jones Islamic1.9% S&P Shariah2.1% MSCI Islamic2.2% MSCI Islamic M-Series2.1% FTSE Shariah0.0% |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C13 | UNSCREENED | 0.49% | no in-house ratios for this holding |
| CHIRON REAL ESTATE INC | UNSCREENED | 0.44% | no in-house ratios for this holding |
| DBJPM 2016-C3 MORTGAGE TRUST | UNSCREENED | 0.42% | no in-house ratios for this holding |
| SELF GLOBAL SELF STORAGE INC | COMPLIANT | 0.37% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FIRST INVESTORS AUTO OWNER TRUST 20 | UNSCREENED | 0.37% | no in-house ratios for this holding |
| UMH PROPERTIES INC | UNSCREENED | 0.35% | no in-house ratios for this holding |
| WFRBS COMMERCIAL MORTGAGE TRUST 2013-C15 | UNSCREENED | 0.35% | no in-house ratios for this holding |
| STAR GROUP LP | UNSCREENED | 0.34% | no in-house ratios for this holding |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C2 | UNSCREENED | 0.33% | no in-house ratios for this holding |
| TERWIN MORTGAGE TRUST | UNSCREENED | 0.33% | no in-house ratios for this holding |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT | UNSCREENED | 0.32% | no in-house ratios for this holding |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C7 | UNSCREENED | 0.32% | no in-house ratios for this holding |
| COMM 2016-CCRE28 MORTGAGE TRUST | UNSCREENED | 0.32% | no in-house ratios for this holding |
| MIAPF MINTO APARTMENT REAL ESTATE INVESTMENT TRUST | NON_COMPLIANT | 0.29% | AAOIFI154.7% Usmani41.7% Dow Jones Islamic201.7% S&P Shariah208.6% MSCI Islamic41.7% MSCI Islamic M-Series208.6% FTSE Shariah41.7% |
| CSAIL 2016-C6 COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.27% | no in-house ratios for this holding |
| CITIGROUP COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.26% | no in-house ratios for this holding |
| FMCC FEDERAL HOME LOAN MORTGAGE CORP | NON_COMPLIANT | 0.24% | AAOIFIfail Usmani10.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic10.1% MSCI Islamic M-Seriesfail FTSE Shariah10.1% |
| Government National Mortgage Association | NON_COMPLIANT | 0.24% | no in-house ratios for this holding |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-NXS6 | UNSCREENED | 0.23% | no in-house ratios for this holding |
| CSAIL 2016-C6 COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.23% | no in-house ratios for this holding |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C36 | UNSCREENED | 0.22% | no in-house ratios for this holding |
| MGTE MARBLEGATE CAPITAL CORP | NON_COMPLIANT | 0.21% | AAOIFI57.2% Usmani7.8% Dow Jones Islamic41.6% S&P Shariah41.6% MSCI Islamic7.8% MSCI Islamic M-Series41.6% FTSE Shariah7.0% |
| SOURCE CAPITAL INC | UNSCREENED | 0.18% | no in-house ratios for this holding |
| COMM 2015-LC19 MORTGAGE TRUST | UNSCREENED | 0.18% | no in-house ratios for this holding |
| INGM INGRAM MICRO HOLDING CORP | NON_COMPLIANT | 0.16% | AAOIFI63.8% Usmani19.7% Dow Jones Islamic81.1% S&P Shariahfail MSCI Islamic19.7% MSCI Islamic M-Seriesfail FTSE Shariah17.6% |
| COMM 2013-CCRE6 MORTGAGE TRUST | UNSCREENED | 0.14% | no in-house ratios for this holding |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS1 | UNSCREENED | 0.13% | no in-house ratios for this holding |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | NON_COMPLIANT | 0.13% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.12% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.11% | no in-house ratios for this holding |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2015-C30 | UNSCREENED | 0.10% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CSFB ADJUSTABLE RATE MORTGAGE TRUST 2007-1 | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MFA 2020-NQM2 TRUST | UNSCREENED | 0.04% | no in-house ratios for this holding |
| COMM 2015-CCRE25 MORTGAGE TRUST | UNSCREENED | 0.02% | no in-house ratios for this holding |
| N/A | UNSCREENED | 0.02% | no in-house ratios for this holding |
| COMM 2015-LC23 MORTGAGE TRUST | UNSCREENED | 0.02% | no in-house ratios for this holding |
| CSAIL 2016-C5 COMMERCIAL MORTGAGE TRUST | UNSCREENED | 0.01% | no in-house ratios for this holding |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST | UNSCREENED | 0.01% | no in-house ratios for this holding |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2015-C28 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| SG COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C5 | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 6 points of portfolio weight — 7.2% of it passes MSCI Islamic, 0.7% passes Dow Jones Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 4.7% ratios fail on 29.5% 65.2% not rated under AAOIFI
ratios pass on 2.8% ratios fail on 28.9% 67.7% not rated under Usmani
ratios pass on 0.7% ratios fail on 29.7% 68.9% not rated under Dow Jones Islamic
ratios pass on 0.7% ratios fail on 28.0% 70.7% not rated under S&P Shariah
ratios pass on 7.2% ratios fail on 27.0% 65.2% not rated under MSCI Islamic
ratios pass on 0.7% ratios fail on 29.7% 68.9% not rated under MSCI Islamic M-Series
ratios pass on 7.2% ratios fail on 27.0% 65.2% not rated under FTSE Shariah
24 of 83 listed holdings carry our own per-methodology verdicts (37% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 22 (35% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| EEFT EURONET WORLDWIDE INC | 3.43% |
| BFS SAUL CENTERS INC | 3.07% |
| CCI CROWN CASTLE INC | 2.93% |
| BLDR BUILDERS FIRSTSOURCE INC | 2.62% |
| HHH HOWARD HUGHES HOLDINGS INC | 2.51% |
| NGL NGL ENERGY PARTNERS LP | 2.34% |
| FET FORUM ENERGY TECHNOLOGIES INC | 2.10% |
| AHRT AH REALTY TRUST INC | 1.91% |
| SMA SMARTSTOP SELF STORAGE REIT INC | 1.90% |
| CTO CTO REALTY GROWTH INC | 1.76% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
AlphaCentric Real Income Fund (SIIIX) 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.
Screened on its holdings, not its name
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| FIRST AMERICAN FUNDS INCnot matched to a ticker | 20.91% | Not screened |
| CONTAINER STORE 10.8154not matched to a ticker | 4.56% | Not screened |
| DGWD TRUST 2025-INFLnot matched to a ticker | 3.51% | Not screened |
| EEFTEURONET WORLDWIDE INC | 3.43% | Non-compliant |
| GENWORTH HOLDINGS INCnot matched to a ticker | 3.36% | Not screened |
| BFSSAUL CENTERS INC | 3.07% | Non-compliant |
| CCICROWN CASTLE INC | 2.93% | Non-compliant |
| MHP COMMERCIAL MORTGAGE TRUST 2021-STORnot matched to a ticker | 2.64% | Not screened |
| BLDRBUILDERS FIRSTSOURCE INC | 2.62% | Non-compliant |
| HHHHOWARD HUGHES HOLDINGS INC | 2.51% | Non-compliant |
Top 10 of 83 holdings, 49.5% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- FIRST AMERICAN FUNDS INCnot screened20.91%
- CONTAINER STORE 10.8154not screened4.56%
- DGWD TRUST 2025-INFLnot screened3.51%
- EEFTnon-compliant3.43%
- GENWORTH HOLDINGS INCnot screened3.36%
- BFSnon-compliant3.07%
What changed, and when
Verdict history for SIIIX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for SIIIX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 3 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
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.
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.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 39.40 | NEUTRAL |
| Stochastic %K (14) | 41.94 | NEUTRAL |
| CCI (20) | -65.10 | NEUTRAL |
| Williams %R (14) | -58.06 | NEUTRAL |
| MACD (12,26,9) | 0.01 | BUY |
| ROC (10) | -0.58 | SELL |
| Momentum (10) | -0.09 | SELL |
| EMA (10) | 15.32 | SELL |
| SMA (10) | 15.30 | BUY |
| EMA (20) | 15.43 | SELL |
| SMA (20) | 15.41 | SELL |
| EMA (30) | 15.53 | SELL |
| SMA (30) | 15.54 | SELL |
| EMA (50) | 15.69 | SELL |
| SMA (50) | 15.79 | SELL |
| EMA (100) | 15.87 | SELL |
| SMA (100) | 16.05 | SELL |
| EMA (200) | 15.85 | SELL |
| SMA (200) | 16.00 | SELL |
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.
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.
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.