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 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
10.1%
1 yr return
12.3%
3 Yr Avg Return
8.2%
5 Yr Avg Return
N/A
Net Assets
$275 M
Holdings in Top 10
36.4%
Expense Ratio 5.51%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
N/A
Fund Type
Closed-end mutual fund
Name
As of 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | CORFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | -3.7% | 10.4% | 2.27% |
1 Yr | 12.3% | -3.2% | 12.4% | 2.65% |
3 Yr | 8.2%* | -6.8% | 8.3% | 0.39% |
5 Yr | N/A* | -6.1% | 38.3% | N/A |
10 Yr | N/A* | -2.1% | 19.9% | N/A |
* Annualized
Period | CORFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | -12.0% | 11.1% | 46.42% |
2022 | -3.9% | -22.9% | 5.1% | 1.16% |
2021 | N/A | -12.2% | 11.1% | N/A |
2020 | N/A | -14.1% | 289.8% | N/A |
2019 | N/A | -8.1% | 7.5% | N/A |
Period | CORFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | -3.7% | 10.4% | 2.27% |
1 Yr | 12.3% | -3.2% | 12.4% | 2.65% |
3 Yr | 8.2%* | -6.8% | 8.3% | 0.39% |
5 Yr | N/A* | -6.1% | 38.3% | N/A |
10 Yr | N/A* | -2.1% | 19.9% | N/A |
* Annualized
Period | CORFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.7% | -12.0% | 22.1% | 70.19% |
2022 | 2.8% | -22.9% | 5.1% | 1.16% |
2021 | N/A | -10.2% | 11.1% | N/A |
2020 | N/A | -14.1% | 306.9% | N/A |
2019 | N/A | -3.6% | 10.5% | N/A |
CORFX | Category Low | Category High | CORFX % Rank | |
---|---|---|---|---|
Net Assets | 275 M | 29.9 M | 13.5 B | 72.59% |
Number of Holdings | 86 | 2 | 2051 | 94.55% |
Net Assets in Top 10 | 100 M | -191 M | 2.37 B | 50.19% |
Weighting of Top 10 | 36.37% | 5.2% | 100.7% | 7.03% |
Weighting | Return Low | Return High | CORFX % Rank | |
---|---|---|---|---|
Bonds | 120.29% | 0.00% | 161.82% | 4.28% |
Other | 7.69% | -52.39% | 26.58% | 1.17% |
Cash | 0.73% | -61.90% | 16.36% | 75.88% |
Stocks | 0.00% | 0.00% | 100.74% | 91.44% |
Preferred Stocks | 0.00% | -3.99% | 7.54% | 97.28% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | N/A |
Weighting | Return Low | Return High | CORFX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 100.00% | N/A |
Real Estate | 0.00% | 0.00% | 48.61% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 100.00% | N/A |
Financial Services | 0.00% | 0.00% | 89.61% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 100.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | N/A |
Basic Materials | 0.00% | 0.00% | 1.36% | N/A |
Weighting | Return Low | Return High | CORFX % Rank | |
---|---|---|---|---|
US | 0.00% | -0.01% | 100.74% | 89.49% |
Non US | 0.00% | 0.00% | 0.68% | 96.50% |
Weighting | Return Low | Return High | CORFX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.73% | 0.00% | 25.03% | 65.76% |
Derivative | 0.00% | -11.46% | 0.67% | 85.99% |
Securitized | 0.00% | 0.00% | 91.68% | N/A |
Corporate | 0.00% | 0.00% | 99.80% | N/A |
Municipal | 0.00% | 0.00% | 0.47% | N/A |
Government | 0.00% | 0.00% | 3.18% | N/A |
Weighting | Return Low | Return High | CORFX % Rank | |
---|---|---|---|---|
US | 120.29% | 0.00% | 124.50% | 3.50% |
Non US | 0.00% | 0.00% | 63.23% | 98.44% |
CORFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 5.51% | 0.03% | 5.51% | 0.38% |
Management Fee | 1.89% | 0.00% | 1.89% | 100.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | N/A |
CORFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
CORFX 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.
CORFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 4.00% | 180.00% | N/A |
CORFX | Category Low | Category High | CORFX % Rank | |
---|---|---|---|---|
Dividend Yield | 10.19% | 0.00% | 11.13% | 7.55% |
CORFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
CORFX | Category Low | Category High | CORFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 7.50% | 1.77% | 9.82% | 1.19% |
CORFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 08, 2024 | $0.175 | OrdinaryDividend |
Oct 09, 2024 | $0.175 | OrdinaryDividend |
Sep 09, 2024 | $0.175 | OrdinaryDividend |
Aug 09, 2024 | $0.175 | OrdinaryDividend |
Jul 09, 2024 | $0.175 | OrdinaryDividend |
Apr 09, 2024 | $0.170 | OrdinaryDividend |
Mar 08, 2024 | $0.170 | OrdinaryDividend |
Jan 09, 2024 | $0.170 | OrdinaryDividend |
Dec 08, 2023 | $0.155 | OrdinaryDividend |
Nov 10, 2023 | $0.155 | OrdinaryDividend |
Oct 09, 2023 | $0.155 | OrdinaryDividend |
Sep 08, 2023 | $0.133 | OrdinaryDividend |
Aug 09, 2023 | $0.133 | OrdinaryDividend |
Jul 07, 2023 | $0.133 | OrdinaryDividend |
Jun 09, 2023 | $0.133 | OrdinaryDividend |
May 09, 2023 | $0.133 | OrdinaryDividend |
Apr 10, 2023 | $0.133 | OrdinaryDividend |
Mar 09, 2023 | $0.114 | OrdinaryDividend |
Feb 09, 2023 | $0.114 | OrdinaryDividend |
Jan 09, 2023 | $0.114 | OrdinaryDividend |
Dec 12, 2022 | $0.114 | OrdinaryDividend |
Nov 09, 2022 | $0.114 | OrdinaryDividend |
Oct 10, 2022 | $0.114 | OrdinaryDividend |
Sep 09, 2022 | $0.114 | OrdinaryDividend |
Aug 09, 2022 | $0.114 | OrdinaryDividend |
Jul 08, 2022 | $0.114 | OrdinaryDividend |
Jun 09, 2022 | $0.114 | OrdinaryDividend |
May 10, 2022 | $0.114 | OrdinaryDividend |
Apr 08, 2022 | $0.114 | OrdinaryDividend |
Mar 09, 2022 | $0.114 | OrdinaryDividend |
Feb 09, 2022 | $0.114 | OrdinaryDividend |
Jan 07, 2022 | $0.114 | OrdinaryDividend |
Dec 09, 2021 | $0.114 | OrdinaryDividend |
Nov 09, 2021 | $0.114 | OrdinaryDividend |
Oct 11, 2021 | $0.114 | OrdinaryDividend |
Sep 09, 2021 | $0.114 | OrdinaryDividend |
Aug 10, 2021 | $0.114 | OrdinaryDividend |
Jul 09, 2021 | $0.114 | OrdinaryDividend |
Jun 09, 2021 | $0.114 | OrdinaryDividend |
May 10, 2021 | $0.114 | OrdinaryDividend |
Apr 09, 2021 | $0.114 | OrdinaryDividend |
Mar 09, 2021 | $0.114 | OrdinaryDividend |
Feb 09, 2021 | $0.114 | OrdinaryDividend |
Jan 11, 2021 | $0.114 | OrdinaryDividend |
Dec 22, 2020 | $0.114 | OrdinaryDividend |
Dec 03, 2020 | $0.114 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Nov 23, 2020
1.52
1.5%
Mr. Robert K. Grunewald is CEO and Founder of Flat Rock Global, LLC since 2016. Mr. Grunewald previously served as the President and Chief Investment Officer of Business Development Corp. of America (“BDCA”) from 2011 to 2015. Mr. Grunewald has over 25 years of experience in BDCs, middle market finance, private equity and investment banking. Mr. Grunewald holds a Bachelor of Business Administration from University of Notre Dame in 1984 and a Master of Business Administration from Georgia State University in 1994.
Start Date
Tenure
Tenure Rank
Jan 31, 2021
1.33
1.3%
Mr. Shiloh Bates is a Managing Director of Flat Rock Global, LLC since 2018 and is also a Managing Director of Benefit Street Partners since 2016. Mr. Bates previously served as Managing Director for BDCA Adviser from 2012 to 2016. Prior to joining BDCA Adviser, Mr. Bates was a Senior Credit Analyst at Canaras Capital Management for two years. Prior to Canaras, Mr. Bates was a Senior Credit Analyst at Four Corners Capital Management for five years. Before Four Corners, Mr. Bates was employed by ING Capital Advisors for 2 years, performing in-depth financial analysis for distressed investments in telecommunication and technology companies. Mr. Bates holds a BS in Political Science from Virginia Tech, an MA of Public Policy from Harvard University, John F. Kennedy School of Government, an MA of Financial Mathematics from the University of Chicago and a MA of Statistics from Columbia University. Mr. Bates also served in the U.S. Army Reserves Special Operations Command as a Specialist for six years.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.08 | 3.25 |
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