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Trending ETFs

AFA Private Credit Fund - AFA Private Credit Fund USD Cls Founder

mutual fund
AMCJX
Payout Change
Pending
Price as of:
$9.61 +0.01 +0.1%
primary theme
Bond Sector Diversified
share class
AMCJX (Mutual Fund)

AFA Private Credit Fund - AFA Private Credit Fund USD Cls Founder

Payout Change
Pending
Price as of:
$9.61 +0.01 +0.1%
primary theme
Bond Sector Diversified
share class
AMCJX (Mutual Fund)

AFA Private Credit Fund - AFA Private Credit Fund USD Cls Founder

Payout Change
Pending
Price as of:
$9.61 +0.01 +0.1%
primary theme
Bond Sector Diversified
share class

Name

As of 11/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vitals

YTD Return

8.0%

1 yr return

9.3%

3 Yr Avg Return

6.6%

5 Yr Avg Return

N/A

Net Assets

$50.6 M

Holdings in Top 10

38.6%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 11/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMCJX - Profile

Distributions

  • YTD Total Return 8.0%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 6.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AFA Private Credit Fund - AFA Private Credit Fund USD Cls Founder
  • Fund Family Name
    AFA Funds
  • Inception Date
    Jul 15, 2021
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Dowdall

Fund Description


AMCJX - Performance

Return Ranking - Trailing

Period AMCJX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -10.6% 16.9% 8.47%
1 Yr 9.3% -7.3% 23.8% 55.78%
3 Yr 6.6%* -17.1% 16.1% 3.48%
5 Yr N/A* -14.6% 14.0% N/A
10 Yr N/A* -7.2% 6.7% N/A

* Annualized

Return Ranking - Calendar

Period AMCJX Return Category Return Low Category Return High Rank in Category (%)
2023 0.3% -12.0% 8.9% 82.13%
2022 -6.4% -31.8% 18.4% 15.64%
2021 N/A -16.2% 25.7% N/A
2020 N/A -31.1% 18.7% N/A
2019 N/A -6.1% 15.3% N/A

Total Return Ranking - Trailing

Period AMCJX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -10.6% 16.9% 8.47%
1 Yr 9.3% -7.3% 23.8% 55.78%
3 Yr 6.6%* -17.1% 16.1% 3.48%
5 Yr N/A* -14.6% 14.0% N/A
10 Yr N/A* -7.2% 6.7% N/A

* Annualized

Total Return Ranking - Calendar

Period AMCJX Return Category Return Low Category Return High Rank in Category (%)
2023 8.4% -6.9% 22.2% 40.83%
2022 2.6% -31.8% 21.1% 3.32%
2021 N/A -13.5% 49.9% N/A
2020 N/A -28.6% 24.1% N/A
2019 N/A -4.8% 19.1% N/A

NAV & Total Return History


AMCJX - Holdings

Concentration Analysis

AMCJX Category Low Category High AMCJX % Rank
Net Assets 50.6 M 2.53 M 143 B 93.02%
Number of Holdings 4 4 9195 99.38%
Net Assets in Top 10 12.1 M -204 M 80.4 B 95.80%
Weighting of Top 10 38.61% 5.8% 265.8% 31.03%

Top 10 Holdings

  1. 1Sharpe Income Advlp 18.22%
  2. 1Sharpe Income Advlp 18.22%
  3. 1Sharpe Income Advlp 18.22%
  4. 1Sharpe Income Advlp 18.22%
  5. 1Sharpe Income Advlp 18.22%
  6. 1Sharpe Income Advlp 18.22%
  7. 1Sharpe Income Advlp 18.22%
  8. 1Sharpe Income Advlp 18.22%
  9. 1Sharpe Income Advlp 18.22%
  10. 1Sharpe Income Advlp 18.22%

Asset Allocation

Weighting Return Low Return High AMCJX % Rank
Other
100.00% -73.61% 147.15% 1.09%
Stocks
0.00% -6.18% 99.66% 84.60%
Preferred Stocks
0.00% 0.00% 26.42% 68.74%
Convertible Bonds
0.00% 0.00% 33.50% 90.73%
Cash
0.00% -94.66% 91.07% 95.18%
Bonds
0.00% 0.00% 199.60% 95.18%

AMCJX - Expenses

Operational Fees

AMCJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.03% 20.67% 14.78%
Management Fee 1.10% 0.00% 2.29% 87.81%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

AMCJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 1.50% N/A

Trading Fees

AMCJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

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.

AMCJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 632.00% N/A

AMCJX - Distributions

Dividend Yield Analysis

AMCJX Category Low Category High AMCJX % Rank
Dividend Yield 6.05% 0.00% 23.30% 19.41%

Dividend Distribution Analysis

AMCJX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Monthly Monthly Monthly

Net Income Ratio Analysis

AMCJX Category Low Category High AMCJX % Rank
Net Income Ratio N/A -1.55% 11.51% N/A

Capital Gain Distribution Analysis

AMCJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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AMCJX - Fund Manager Analysis

Managers

Michael Dowdall


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Michael Dowdall, CFA, Chief Investment Officer and Principal of the Investment Manager. In addition to his responsibilities as member of the Investment Policy Committee, Mr. Dowdall is responsible for risk management and liquidity management for the Fund and for monitoring the performance of the Underlying Funds. Prior to joining the Investment Manager in 2020, Mr. Dowdall was a Director and Portfolio Manager at BMO Global Asset Management, where he managed the US multi-asset and multi-alternative portfolios. Mr. Dowdall was a member of the firm’s Global Asset Allocation Committee where he led credit research and tactical positioning for the firm’s global multi-asset portfolios. Prior to BMO, Mr. Dowdallwas an investment analyst at Lighthouse Partners. Mr. Dowdall is a member of the CFA Society of Chicago. He received an MBA from the University of Chicago Booth School of Business and a Bachelor of Business Administration from Notre Dame.

Marco Hanig


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Marco Hanig, Ph.D., Managing and Founding Principal of Alternative Fund Advisors, is primarily responsible for investment policy. Prior to co-founding AFA in 2020, Mr. Hanig was a Principal of AQR Capital Management, where he started the firm’s mutual funds business in 2008. At various times, he served as President, CEO and Trustee of the AQR Funds, and as CEO of AQR Investments, AQR’s affiliated Broker Dealer. Prior to AQR, he was a Principal at William Blair & Company, where he served as President of the William Blair Funds and COO of the Investment Management Department. He began his career as a strategy consultant with Bain & Company. He received a Ph.D. in economics from MIT, and a B.A. in mathematics from University of Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.71 3.19