Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
2.6%
1 yr return
3.6%
3 Yr Avg Return
1.2%
5 Yr Avg Return
6.8%
Net Assets
$2 B
Holdings in Top 10
48.5%
Expense Ratio 1.53%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | ADAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -11.6% | 15.8% | 27.00% |
1 Yr | 3.6% | -33.0% | 41.7% | 1.94% |
3 Yr | 1.2%* | -10.5% | 13.4% | 2.04% |
5 Yr | 6.8%* | -4.8% | 11.1% | 2.41% |
10 Yr | 5.1%* | -4.6% | 7.6% | 14.71% |
* Annualized
Period | ADAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -31.7% | 23.2% | 1.02% |
2022 | -3.4% | -20.7% | 10.7% | 6.19% |
2021 | 5.6% | -12.4% | 14.7% | 75.56% |
2020 | 23.2% | -13.2% | 12.9% | 81.01% |
2019 | 6.3% | -11.7% | 7.9% | 70.00% |
Period | ADAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -11.7% | 15.8% | 26.00% |
1 Yr | 3.6% | -33.0% | 41.7% | 1.94% |
3 Yr | 1.2%* | -10.5% | 13.4% | 2.04% |
5 Yr | 6.8%* | -4.8% | 11.1% | 2.41% |
10 Yr | 5.1%* | -4.6% | 7.6% | 14.71% |
* Annualized
Period | ADAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -31.7% | 23.2% | 1.02% |
2022 | -3.3% | -20.7% | 10.7% | 6.19% |
2021 | 6.3% | -12.4% | 14.7% | 80.00% |
2020 | 25.2% | -12.7% | 12.9% | 18.99% |
2019 | 8.5% | -11.5% | 13.2% | 4.29% |
ADAIX | Category Low | Category High | ADAIX % Rank | |
---|---|---|---|---|
Net Assets | 2 B | 105 K | 12.6 B | 17.31% |
Number of Holdings | 980 | 5 | 2526 | 17.31% |
Net Assets in Top 10 | 963 M | -619 M | 6.53 B | 20.19% |
Weighting of Top 10 | 48.53% | 7.6% | 96.1% | 29.27% |
Weighting | Return Low | Return High | ADAIX % Rank | |
---|---|---|---|---|
Bonds | 59.52% | -1.04% | 63.30% | 32.69% |
Cash | 43.38% | -225.56% | 102.75% | 95.19% |
Convertible Bonds | 15.10% | 0.00% | 95.47% | 14.42% |
Preferred Stocks | 0.00% | 0.00% | 5.67% | 5.77% |
Other | -1.09% | -11.90% | 43.69% | 15.38% |
Stocks | -9.18% | -57.09% | 325.56% | 44.23% |
Weighting | Return Low | Return High | ADAIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 37.89% | 0.00% | 100.00% | 87.50% |
Government | 28.63% | 0.00% | 73.33% | 26.92% |
Corporate | 27.67% | 0.00% | 100.00% | 12.50% |
Municipal | 0.52% | 0.00% | 3.82% | 5.77% |
Securitized | 0.05% | 0.00% | 27.70% | 11.54% |
Derivative | -1.09% | 0.00% | 30.95% | 10.58% |
Weighting | Return Low | Return High | ADAIX % Rank | |
---|---|---|---|---|
US | 59.52% | -1.04% | 80.93% | 29.81% |
Non US | 0.00% | -64.71% | 9.68% | 98.08% |
ADAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.53% | 0.73% | 9.52% | 56.31% |
Management Fee | 1.00% | 0.13% | 1.65% | 39.42% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.40% | N/A |
ADAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
ADAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ADAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 30.00% | 483.00% | 93.26% |
ADAIX | Category Low | Category High | ADAIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.67% | 0.00% | 0.75% | 77.88% |
ADAIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
ADAIX | Category Low | Category High | ADAIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.98% | -2.49% | 4.20% | 61.17% |
ADAIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 18, 2023 | $0.326 | OrdinaryDividend |
Dec 19, 2022 | $0.011 | OrdinaryDividend |
Dec 23, 2021 | $0.078 | OrdinaryDividend |
Dec 22, 2020 | $0.184 | OrdinaryDividend |
Dec 23, 2019 | $0.196 | OrdinaryDividend |
Dec 19, 2018 | $0.571 | OrdinaryDividend |
Dec 20, 2017 | $0.654 | OrdinaryDividend |
Dec 20, 2016 | $0.663 | OrdinaryDividend |
Dec 21, 2015 | $0.454 | OrdinaryDividend |
Dec 19, 2014 | $0.197 | OrdinaryDividend |
Dec 20, 2013 | $0.058 | CapitalGainLongTerm |
Dec 20, 2013 | $0.275 | OrdinaryDividend |
Dec 14, 2012 | $0.053 | CapitalGainShortTerm |
Dec 14, 2012 | $0.128 | OrdinaryDividend |
Dec 16, 2011 | $0.278 | CapitalGainShortTerm |
Dec 16, 2011 | $0.093 | OrdinaryDividend |
Dec 17, 2010 | $0.132 | CapitalGainShortTerm |
Dec 17, 2010 | $0.036 | OrdinaryDividend |
Dec 18, 2009 | $0.034 | OrdinaryDividend |
Dec 18, 2009 | $0.089 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Jan 15, 2009
13.38
13.4%
Todd C. Pulvino, Ph.D., A.M., M.S., is a Principal of the Sub-Adviser. Dr. Pulvino cofounded the Sub-Adviser in 2001 and oversees research and trading related to merger and convertible arbitrage and other strategies related to corporate events. He earned a B.Sc. in mechanical engineering from University of Wisconsin-Madison, an M.S. in mechanical engineering from the California Institute of Technology, and an A.M. and Ph.D. in business economics from Harvard University.
Start Date
Tenure
Tenure Rank
Jan 15, 2009
13.38
13.4%
Mark L. Mitchell, Ph.D., is a Principal of the Sub-Adviser. Dr. Mitchell cofounded the Sub-Adviser in 2001 and oversees research and trading related to merger and convertible arbitrage and other strategies related to corporate events. Dr. Mitchell earned a B.B.A. in economics from the University of Louisiana at Monroe and a Ph.D. in applied economics from Clemson University.
Start Date
Tenure
Tenure Rank
May 01, 2019
3.08
3.1%
Robert F. Bryant is a Principal of the Sub-Adviser. Mr. Bryant joined the Sub-Adviser in 2002 and oversees research and trading related to merger and convertible arbitrage and other strategies related to corporate events. He earned a B.S. in computer science and electrical engineering from the Massachusetts Institute of Technology.
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Ashwin Thapar is a Principal and senior member of the Research and Portfolio Management team at AQR Capital Management. In his role, he co-heads research and portfolio management efforts on AQR’s macro and multi-strategy funds, including the firm’s Managed Futures, Global Macro, Alternative Risk Premia and Multi-Strategy products. Ashwin has published research on topics including currency hedging, deep value and alternative risk premia investing and is a frequent conference presenter on these topics. Ashwin earned a B.Sc. in finance and a B.A. in mathematics from the University of Pennsylvania, graduating summa cum laude in both fields.
Start Date
Tenure
Tenure Rank
May 01, 2022
0.08
0.1%
John Eckert is a Managing Director of AQR Arbitrage, LLC. Mr. Eckert joined the Sub-Adviser in 2010 and heads the convertible arbitrage team and is responsible for managing all aspects of the convertible arbitrage strategy including suggesting tactical allocations in multi-strategy funds. In addition, Mr. Eckert researches trade ideas for the event-driven credit portfolios. He earned a B.S. in industrial engineering from Northwestern University.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.59 | 6.3 | 9.42 |
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