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Trending ETFs

Dearborn Partners Rising Dividend Fund

mutual fund
DRDIX
Payout Change
Pending
Price as of:
$26.04 -0.05 -0.19%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DRDIX) A (DRDAX) C (DRDCX)
DRDIX (Mutual Fund)

Dearborn Partners Rising Dividend Fund

Payout Change
Pending
Price as of:
$26.04 -0.05 -0.19%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DRDIX) A (DRDAX) C (DRDCX)
DRDIX (Mutual Fund)

Dearborn Partners Rising Dividend Fund

Payout Change
Pending
Price as of:
$26.04 -0.05 -0.19%
primary theme
U.S. Large-Cap Blend Equity
share class
I (DRDIX) A (DRDAX) C (DRDCX)

Name

As of 12/12/2024

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

Dearborn Partners Rising Dividend Fund

DRDIX | Fund

$26.04

$539 M

0.82%

$0.21

1.03%

Vitals

YTD Return

17.7%

1 yr return

18.4%

3 Yr Avg Return

6.8%

5 Yr Avg Return

10.6%

Net Assets

$539 M

Holdings in Top 10

28.4%

52 WEEK LOW AND HIGH

$26.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.03%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$500,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/12/2024

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

Dearborn Partners Rising Dividend Fund

DRDIX | Fund

$26.04

$539 M

0.82%

$0.21

1.03%

DRDIX - Profile

Distributions

  • YTD Total Return 17.7%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 10.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Dearborn Partners Rising Dividend Fund
  • Fund Family Name
    Dearborn Partners
  • Inception Date
    Apr 10, 2013
  • Shares Outstanding
    9584226
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Carol Lippman

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets in the equity securities of companies that pay current dividends and that the Fund’s portfolio managers believe have the potential to increase their dividends with regularity.
Equity securities in which the Fund invests consist primarily of common stocks, but may also include master limited partnerships (“MLPs”) and real estate investment trusts (“REITs”). MLPs are businesses organized as limited partnerships that trade their proportionate shares of the partnership (units) on a public exchange. A REIT is a security of a company that invests in real estate, either through real estate property, mortgages and similar real estate investments, or all of the foregoing. The Fund will invest primarily in securities of U.S. companies, but may invest up to 20% of its net assets in securities of “foreign issuers.” “Foreign issuers” means non-U.S. companies: (a) whose securities are traded on a U.S. exchange, and denominated in U.S. dollars, in the form of American Depositary Receipts (“ADRs”); or (b) who are organized and headquartered outside the United States but whose securities are publicly traded on a U.S. exchange.
The Fund invests in companies in numerous market sectors and with various market capitalizations. The portfolio managers expect to invest mainly in large-capitalization companies (those with market capitalizations of $10 billion and higher), but may also invest in medium-capitalization companies (market capitalizations of $2 billion to $10 billion) and small-capitalization companies (market
capitalization of less than $2 billion). The Fund will generally remain fully invested, and under normal market conditions, the Fund’s portfolio will consist of approximately 30 to 80 companies.
In selecting investments for the Fund’s portfolio, the Adviser utilizes a bottom-up approach, focusing on fundamental qualities of individual companies. The Adviser believes that consistent earnings growth drives consistent dividend growth. Over the long run, the Adviser believes consistent earnings growth will help the price performance of a stock. Thus, the Fund’s portfolio managers begin with companies with well-established records of consistent earnings and dividend growth. Income created by rising common stock dividends is an important consideration in selecting the Fund’s investments.
The Fund’s portfolio managers will generally sell a security when they believe a company’s dividend growth potential is in jeopardy, when a company’s fundamentals are likely to deteriorate, when a company’s valuation becomes excessive, when a better investment opportunity becomes available or in order to meet shareholder redemptions.
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DRDIX - Performance

Return Ranking - Trailing

Period DRDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -26.8% 47.4% 79.14%
1 Yr 18.4% -1.7% 52.6% 82.20%
3 Yr 6.8%* -11.6% 20.4% 80.77%
5 Yr 10.6%* -2.9% 110.3% 86.37%
10 Yr 10.3%* 1.0% 53.2% 83.89%

* Annualized

Return Ranking - Calendar

Period DRDIX Return Category Return Low Category Return High Rank in Category (%)
2023 12.8% -42.6% 47.4% 75.08%
2022 -13.2% -56.3% -4.2% 5.58%
2021 21.3% -27.2% 537.8% 30.31%
2020 9.0% -22.5% 2181.7% 67.31%
2019 28.3% -13.5% 40.4% 19.56%

Total Return Ranking - Trailing

Period DRDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -26.8% 47.4% 79.14%
1 Yr 18.4% -1.7% 52.6% 82.20%
3 Yr 6.8%* -11.6% 20.4% 80.77%
5 Yr 10.6%* -2.9% 110.3% 86.37%
10 Yr 10.3%* 1.0% 53.2% 83.89%

* Annualized

Total Return Ranking - Calendar

Period DRDIX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% -5.0% 47.4% 90.81%
2022 -11.5% -36.8% -2.2% 13.25%
2021 24.5% 3.0% 537.8% 74.94%
2020 10.5% -15.8% 2266.0% 86.38%
2019 30.3% -0.4% 241.3% 47.05%

NAV & Total Return History

DRDIX - Holdings

Concentration Analysis

DRDIX Category Low Category High DRDIX % Rank
Net Assets 539 M 2.34 M 1.55 T 66.01%
Number of Holdings 49 2 3963 81.44%
Net Assets in Top 10 172 M 880 K 525 B 71.04%
Weighting of Top 10 28.37% 0.3% 111.6% 88.24%

Top 10 Holdings

  1. Apple Inc 5.94%
  2. Fidelity Government Portfolio 2.95%
  3. Casey's General Stores Inc 2.72%
  4. Arthur J Gallagher Co 2.63%
  5. Exxon Mobil Corp 2.40%
  6. Microsoft Corp 2.39%
  7. Cintas Corp 2.39%
  8. Tractor Supply Co 2.34%
  9. QUALCOMM Inc 2.31%
  10. Sherwin-Williams Co/The 2.29%

Asset Allocation

Weighting Return Low Return High DRDIX % Rank
Stocks 		96.97% 0.00% 105.79% 83.50%
Cash 		3.03% 0.00% 99.07% 15.68%
Preferred Stocks 		0.00% 0.00% 2.03% 78.96%
Other 		0.00% -13.91% 100.00% 82.43%
Convertible Bonds 		0.00% 0.00% 5.54% 77.24%
Bonds 		0.00% 0.00% 93.85% 79.13%

Stock Sector Breakdown

Weighting Return Low Return High DRDIX % Rank
Technology 		17.77% 0.00% 48.94% 85.21%
Industrials 		17.11% 0.00% 29.90% 4.03%
Financial Services 		12.81% 0.00% 55.59% 73.28%
Healthcare 		11.97% 0.00% 52.29% 86.89%
Utilities 		8.77% 0.00% 20.91% 1.60%
Consumer Defense 		8.58% 0.00% 47.71% 20.76%
Consumer Cyclical 		8.02% 0.00% 30.33% 80.92%
Energy 		5.13% 0.00% 41.64% 22.10%
Real Estate 		5.09% 0.00% 31.91% 6.81%
Basic Materials 		3.50% 0.00% 25.70% 28.32%
Communication Services 		1.24% 0.00% 27.94% 96.64%

Stock Geographic Breakdown

Weighting Return Low Return High DRDIX % Rank
US 		96.97% 0.00% 105.79% 71.78%
Non US 		0.00% 0.00% 63.83% 81.85%

DRDIX - Expenses

Operational Fees

DRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.01% 19.75% 32.89%
Management Fee 0.85% 0.00% 1.90% 94.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

DRDIX 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% 5.00% N/A

Trading Fees

DRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

DRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.03% 0.00% 268.00% 23.21%

DRDIX - Distributions

Dividend Yield Analysis

DRDIX Category Low Category High DRDIX % Rank
Dividend Yield 0.82% 0.00% 25.47% 56.74%

Dividend Distribution Analysis

DRDIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual SemiAnnual Annual

Net Income Ratio Analysis

DRDIX Category Low Category High DRDIX % Rank
Net Income Ratio 0.80% -54.00% 2.44% 44.35%

Capital Gain Distribution Analysis

DRDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

DRDIX - Fund Manager Analysis

Managers

Carol Lippman

Start Date

Tenure

Tenure Rank

Apr 10, 2013

9.15

9.2%

Carol M. Lippman, CFA® is a co-portfolio manager and is principally responsible for the day-to-day management of the Fund’s portfolio. Ms. Lippman is the lead portfolio manager of the Dearborn Partners, L.L.C‘s Rising Dividend strategy, and has served as a Managing Director and Member of the Dearborn Partners, L.L.C since August 2011. Before joining the Dearborn, Ms. Lippman was a Senior Vice President and Senior Portfolio Strategist for Well Fargo Advisors and its predecessor firms, which she joined in 1980. She was the chief strategist for that firm’s Rising Dividend strategy since 1992. Ms. Lippman earned the Chartered Financial Analyst (CFA®) designation in 1986. She is a past president and member of the Board of Governors of the St. Louis Society of Financial Analysts and a member of the CFA® Institute. She holds a Bachelor of Science degree from Northwestern University.

Michael Andelman

Start Date

Tenure

Tenure Rank

Apr 10, 2013

9.15

9.2%

Mr. Andelman serves in a portfolio manager capacity for all of Dearborn's equity portoflios. He has been with the firm for over 15 years, and in 2010, was named partner.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.27 2.42

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