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
5.2%
1 yr return
6.5%
3 Yr Avg Return
2.2%
5 Yr Avg Return
2.1%
Net Assets
$271 M
Holdings in Top 10
49.5%
Expense Ratio 0.45%
Front Load N/A
Deferred Load N/A
Turnover 49.00%
Redemption Fee N/A
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal market conditions, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities. This investment policy may be changed by the Fund upon 60 days’ prior written notice to shareholders. The Fund’s emphasis is on total return with low volatility by investing primarily in shorter-term investment grade securities. Short-term bonds are considered more stable than longer-maturity bonds, but less stable than money market securities.
To achieve its objective, the Fund invests in a diversified mix of taxable fixed income securities. Frost Investment Advisors, LLC (the “Adviser” or “Frost”) actively manages the maturity of the Fund and purchases securities which will, on average, mature in less than 5 years. The Adviser actively manages the duration of the Fund and purchases securities such that the average weighted duration of the Fund’s portfolio will typically range within plus or minus one year of the Bloomberg U.S. 1-5 Year Government Credit Index duration. The Fund seeks to maintain a low duration but may lengthen or shorten its duration within that range to reflect changes in the overall composition of the short-term investment-grade debt markets. Duration is a measure of a bond price’s sensitivity to a given change in interest rates. Generally, the longer a bond’s duration, the greater its price sensitivity to a change in interest rates. For example, the price of a bond with a duration of five years would be expected to fall approximately 5% if rates were to rise by one percentage point. Thus, the higher the duration, the more volatile the security. The Adviser, in constructing and maintaining the Fund’s portfolio, employs the following four primary strategies to varying degrees depending on its views of economic growth prospects, interest rate predictions and relative value assessments: interest rate positioning based on duration and yield curve position; asset category allocations; credit sector allocations relating to security ratings by the national ratings agencies; and individual security selection.
The Fund typically invests in the following U.S. dollar-denominated fixed income securities: U.S. Treasury securities; governmental agency debt; corporate debt; collateralized loan obligations; asset-backed securities; taxable municipal bonds; and, to a lesser extent, residential and commercial mortgage-backed securities. The Fund’s fixed income investments are primarily of investment grade (rated in one of the four highest rating categories by at least one rating agency), but may at times include securities rated below investment grade (high yield or “junk” bonds). In addition, the Fund’s fixed income securities may include unrated securities, if deemed by the Adviser to be of comparable quality to investment grade. The Fund may also enter into repurchase agreements.
Period | FILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | 1.2% | 19.9% | 52.02% |
1 Yr | 6.5% | 2.4% | 21.2% | 44.15% |
3 Yr | 2.2%* | -4.9% | 6.0% | 26.85% |
5 Yr | 2.1%* | -3.8% | 6.0% | 33.95% |
10 Yr | 1.9%* | -18.7% | 170.5% | 38.97% |
* Annualized
Period | FILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.9% | -1.6% | 7.6% | 50.77% |
2022 | -6.5% | -17.7% | -2.6% | 35.23% |
2021 | -2.3% | -4.0% | 4.4% | 81.09% |
2020 | 2.1% | -7.1% | 7.6% | 39.09% |
2019 | 1.0% | -2.3% | 9.3% | 94.68% |
Period | FILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | 1.2% | 19.9% | 52.02% |
1 Yr | 6.5% | 2.4% | 21.2% | 44.15% |
3 Yr | 2.2%* | -4.9% | 6.0% | 26.85% |
5 Yr | 2.1%* | -3.8% | 6.0% | 33.95% |
10 Yr | 1.9%* | -18.7% | 170.5% | 38.97% |
* Annualized
Period | FILDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.7% | 1.8% | 15.2% | 45.00% |
2022 | -3.9% | -17.3% | -1.3% | 24.85% |
2021 | -0.4% | -2.7% | 7.7% | 62.37% |
2020 | 4.2% | -2.4% | 14.5% | 48.35% |
2019 | 3.0% | 0.6% | 12.6% | 95.11% |
FILDX | Category Low | Category High | FILDX % Rank | |
---|---|---|---|---|
Net Assets | 271 M | 14.5 K | 57.3 B | 78.35% |
Number of Holdings | 76 | 2 | 8314 | 88.12% |
Net Assets in Top 10 | 159 M | 1.05 M | 6.81 B | 60.34% |
Weighting of Top 10 | 49.49% | 2.0% | 108.1% | 13.22% |
Weighting | Return Low | Return High | FILDX % Rank | |
---|---|---|---|---|
Bonds | 96.11% | 0.00% | 131.65% | 20.88% |
Cash | 3.89% | -20.59% | 68.64% | 36.40% |
Convertible Bonds | 0.48% | 0.00% | 27.71% | 87.91% |
Stocks | 0.00% | 0.00% | 99.96% | 27.39% |
Preferred Stocks | 0.00% | 0.00% | 24.12% | 22.61% |
Other | 0.00% | -0.97% | 73.75% | 73.56% |
Weighting | Return Low | Return High | FILDX % Rank | |
---|---|---|---|---|
Securitized | 58.75% | 0.00% | 97.27% | 4.22% |
Government | 23.43% | 0.00% | 73.63% | 39.35% |
Corporate | 16.79% | 0.00% | 99.82% | 84.07% |
Cash & Equivalents | 3.04% | 0.00% | 68.64% | 37.36% |
Derivative | 0.00% | -0.72% | 25.70% | 45.98% |
Municipal | 0.00% | 0.00% | 14.41% | 55.66% |
Weighting | Return Low | Return High | FILDX % Rank | |
---|---|---|---|---|
US | 96.11% | 0.00% | 126.86% | 18.20% |
Non US | 0.00% | 0.00% | 87.70% | 20.50% |
FILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.01% | 3.29% | 74.04% |
Management Fee | 0.30% | 0.00% | 1.19% | 40.42% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.41% | N/A |
FILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
FILDX 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.
FILDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 49.00% | 2.00% | 500.00% | 28.35% |
FILDX | Category Low | Category High | FILDX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.26% | 0.00% | 11.11% | 36.40% |
FILDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
FILDX | Category Low | Category High | FILDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.50% | -1.27% | 4.98% | 30.60% |
FILDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 27, 2024 | $0.035 | OrdinaryDividend |
Oct 30, 2024 | $0.042 | OrdinaryDividend |
Sep 27, 2024 | $0.034 | OrdinaryDividend |
Aug 29, 2024 | $0.038 | OrdinaryDividend |
Jul 30, 2024 | $0.036 | OrdinaryDividend |
Apr 29, 2024 | $0.037 | OrdinaryDividend |
Mar 27, 2024 | $0.030 | OrdinaryDividend |
Feb 28, 2024 | $0.032 | OrdinaryDividend |
Jan 30, 2024 | $0.033 | OrdinaryDividend |
Dec 28, 2023 | $0.036 | OrdinaryDividend |
Nov 29, 2023 | $0.032 | OrdinaryDividend |
Oct 30, 2023 | $0.033 | OrdinaryDividend |
Sep 28, 2023 | $0.032 | OrdinaryDividend |
Aug 30, 2023 | $0.035 | OrdinaryDividend |
Jul 28, 2023 | $0.030 | OrdinaryDividend |
Jun 29, 2023 | $0.030 | OrdinaryDividend |
May 30, 2023 | $0.031 | OrdinaryDividend |
Apr 27, 2023 | $0.025 | OrdinaryDividend |
Mar 30, 2023 | $0.026 | OrdinaryDividend |
Feb 27, 2023 | $0.023 | OrdinaryDividend |
Jan 30, 2023 | $0.024 | OrdinaryDividend |
Dec 29, 2022 | $0.025 | OrdinaryDividend |
Nov 29, 2022 | $0.024 | OrdinaryDividend |
Oct 28, 2022 | $0.019 | OrdinaryDividend |
Sep 29, 2022 | $0.016 | OrdinaryDividend |
Aug 30, 2022 | $0.016 | OrdinaryDividend |
Jul 28, 2022 | $0.013 | OrdinaryDividend |
Jun 29, 2022 | $0.014 | OrdinaryDividend |
May 27, 2022 | $0.011 | OrdinaryDividend |
Apr 28, 2022 | $0.010 | OrdinaryDividend |
Mar 30, 2022 | $0.012 | OrdinaryDividend |
Feb 25, 2022 | $0.010 | OrdinaryDividend |
Jan 28, 2022 | $0.100 | ReturnOfCapital |
Jan 28, 2022 | $0.009 | OrdinaryDividend |
Dec 30, 2021 | $0.010 | OrdinaryDividend |
Dec 14, 2021 | $0.063 | CapitalGainLongTerm |
Nov 29, 2021 | $0.011 | OrdinaryDividend |
Oct 28, 2021 | $0.010 | OrdinaryDividend |
Sep 29, 2021 | $0.010 | OrdinaryDividend |
Aug 30, 2021 | $0.012 | OrdinaryDividend |
Jul 29, 2021 | $0.011 | OrdinaryDividend |
Jun 29, 2021 | $0.013 | OrdinaryDividend |
May 27, 2021 | $0.012 | OrdinaryDividend |
Apr 29, 2021 | $0.012 | OrdinaryDividend |
Mar 30, 2021 | $0.015 | OrdinaryDividend |
Feb 25, 2021 | $0.013 | OrdinaryDividend |
Jan 28, 2021 | $0.013 | OrdinaryDividend |
Dec 30, 2020 | $0.019 | OrdinaryDividend |
Dec 15, 2020 | $0.006 | CapitalGainShortTerm |
Dec 15, 2020 | $0.014 | CapitalGainLongTerm |
Nov 27, 2020 | $0.014 | OrdinaryDividend |
Oct 29, 2020 | $0.015 | OrdinaryDividend |
Sep 29, 2020 | $0.017 | OrdinaryDividend |
Aug 28, 2020 | $0.015 | OrdinaryDividend |
Jul 30, 2020 | $0.017 | OrdinaryDividend |
Jun 29, 2020 | $0.016 | OrdinaryDividend |
May 28, 2020 | $0.015 | OrdinaryDividend |
Apr 29, 2020 | $0.014 | OrdinaryDividend |
Mar 30, 2020 | $0.018 | OrdinaryDividend |
Feb 27, 2020 | $0.016 | OrdinaryDividend |
Jan 30, 2020 | $0.017 | OrdinaryDividend |
Dec 30, 2019 | $0.019 | OrdinaryDividend |
Nov 27, 2019 | $0.016 | OrdinaryDividend |
Oct 30, 2019 | $0.020 | OrdinaryDividend |
Sep 27, 2019 | $0.018 | OrdinaryDividend |
Aug 29, 2019 | $0.018 | OrdinaryDividend |
Jul 30, 2019 | $0.021 | OrdinaryDividend |
May 30, 2019 | $0.020 | OrdinaryDividend |
Apr 29, 2019 | $0.020 | OrdinaryDividend |
Mar 28, 2019 | $0.018 | OrdinaryDividend |
Feb 27, 2019 | $0.017 | OrdinaryDividend |
Jan 30, 2019 | $0.021 | OrdinaryDividend |
Dec 28, 2018 | $0.016 | OrdinaryDividend |
Nov 29, 2018 | $0.017 | OrdinaryDividend |
Oct 30, 2018 | $0.019 | OrdinaryDividend |
Sep 27, 2018 | $0.016 | OrdinaryDividend |
Aug 30, 2018 | $0.011 | OrdinaryDividend |
Jul 30, 2018 | $0.023 | OrdinaryDividend |
Jun 28, 2018 | $0.015 | OrdinaryDividend |
May 30, 2018 | $0.017 | OrdinaryDividend |
Apr 27, 2018 | $0.016 | OrdinaryDividend |
Mar 28, 2018 | $0.015 | OrdinaryDividend |
Feb 27, 2018 | $0.014 | OrdinaryDividend |
Jan 30, 2018 | $0.015 | OrdinaryDividend |
Dec 28, 2017 | $0.015 | OrdinaryDividend |
Nov 29, 2017 | $0.014 | OrdinaryDividend |
Oct 30, 2017 | $0.016 | OrdinaryDividend |
Sep 28, 2017 | $0.014 | OrdinaryDividend |
Aug 30, 2017 | $0.017 | OrdinaryDividend |
Jul 28, 2017 | $0.016 | OrdinaryDividend |
Jun 29, 2017 | $0.015 | OrdinaryDividend |
May 30, 2017 | $0.016 | OrdinaryDividend |
Apr 27, 2017 | $0.013 | OrdinaryDividend |
Mar 30, 2017 | $0.016 | OrdinaryDividend |
Feb 27, 2017 | $0.014 | OrdinaryDividend |
Jan 30, 2017 | $0.015 | OrdinaryDividend |
Dec 29, 2016 | $0.016 | OrdinaryDividend |
Nov 29, 2016 | $0.015 | OrdinaryDividend |
Oct 28, 2016 | $0.014 | OrdinaryDividend |
Sep 29, 2016 | $0.015 | OrdinaryDividend |
Aug 30, 2016 | $0.017 | OrdinaryDividend |
Jul 28, 2016 | $0.015 | OrdinaryDividend |
Jun 29, 2016 | $0.017 | OrdinaryDividend |
May 27, 2016 | $0.015 | OrdinaryDividend |
Apr 28, 2016 | $0.015 | OrdinaryDividend |
Mar 30, 2016 | $0.017 | OrdinaryDividend |
Feb 26, 2016 | $0.014 | OrdinaryDividend |
Jan 28, 2016 | $0.012 | OrdinaryDividend |
Dec 30, 2015 | $0.014 | OrdinaryDividend |
Nov 27, 2015 | $0.012 | OrdinaryDividend |
Oct 29, 2015 | $0.012 | OrdinaryDividend |
Sep 29, 2015 | $0.011 | OrdinaryDividend |
Aug 31, 2015 | $0.011 | OrdinaryDividend |
Jul 31, 2015 | $0.009 | OrdinaryDividend |
Jun 30, 2015 | $0.012 | OrdinaryDividend |
May 29, 2015 | $0.010 | OrdinaryDividend |
Apr 30, 2015 | $0.012 | OrdinaryDividend |
Mar 31, 2015 | $0.013 | OrdinaryDividend |
Feb 27, 2015 | $0.010 | OrdinaryDividend |
Jan 30, 2015 | $0.012 | OrdinaryDividend |
Dec 30, 2014 | $0.012 | OrdinaryDividend |
Nov 28, 2014 | $0.010 | OrdinaryDividend |
Oct 31, 2014 | $0.011 | OrdinaryDividend |
Sep 30, 2014 | $0.012 | OrdinaryDividend |
Aug 29, 2014 | $0.011 | OrdinaryDividend |
Jul 31, 2014 | $0.013 | OrdinaryDividend |
Jun 30, 2014 | $0.012 | OrdinaryDividend |
May 30, 2014 | $0.012 | OrdinaryDividend |
Apr 30, 2014 | $0.012 | OrdinaryDividend |
Mar 31, 2014 | $0.013 | OrdinaryDividend |
Feb 28, 2014 | $0.012 | OrdinaryDividend |
Jan 31, 2014 | $0.016 | OrdinaryDividend |
Dec 18, 2013 | $0.009 | OrdinaryDividend |
Dec 12, 2013 | $0.014 | CapitalGainShortTerm |
Dec 12, 2013 | $0.138 | CapitalGainLongTerm |
Nov 29, 2013 | $0.011 | OrdinaryDividend |
Oct 31, 2013 | $0.014 | OrdinaryDividend |
Sep 30, 2013 | $0.014 | OrdinaryDividend |
Aug 30, 2013 | $0.013 | OrdinaryDividend |
Jul 31, 2013 | $0.015 | OrdinaryDividend |
Jun 28, 2013 | $0.012 | OrdinaryDividend |
May 31, 2013 | $0.013 | OrdinaryDividend |
Apr 30, 2013 | $0.015 | OrdinaryDividend |
Mar 28, 2013 | $0.013 | OrdinaryDividend |
Feb 28, 2013 | $0.013 | OrdinaryDividend |
Jan 31, 2013 | $0.017 | OrdinaryDividend |
Dec 21, 2012 | $0.015 | OrdinaryDividend |
Dec 13, 2012 | $0.008 | CapitalGainShortTerm |
Dec 13, 2012 | $0.039 | CapitalGainLongTerm |
Nov 30, 2012 | $0.015 | OrdinaryDividend |
Oct 31, 2012 | $0.018 | OrdinaryDividend |
Sep 28, 2012 | $0.016 | OrdinaryDividend |
Aug 31, 2012 | $0.018 | OrdinaryDividend |
Jul 31, 2012 | $0.018 | OrdinaryDividend |
Jun 29, 2012 | $0.017 | OrdinaryDividend |
May 31, 2012 | $0.020 | OrdinaryDividend |
Apr 30, 2012 | $0.021 | OrdinaryDividend |
Mar 30, 2012 | $0.021 | OrdinaryDividend |
Feb 29, 2012 | $0.020 | OrdinaryDividend |
Jan 31, 2012 | $0.025 | OrdinaryDividend |
Dec 23, 2011 | $0.021 | OrdinaryDividend |
Dec 15, 2011 | $0.019 | CapitalGainShortTerm |
Dec 15, 2011 | $0.145 | CapitalGainLongTerm |
Nov 30, 2011 | $0.021 | OrdinaryDividend |
Oct 31, 2011 | $0.022 | OrdinaryDividend |
Sep 30, 2011 | $0.022 | OrdinaryDividend |
Aug 31, 2011 | $0.023 | OrdinaryDividend |
Jul 29, 2011 | $0.018 | OrdinaryDividend |
Jun 30, 2011 | $0.019 | OrdinaryDividend |
May 31, 2011 | $0.021 | OrdinaryDividend |
Apr 29, 2011 | $0.019 | OrdinaryDividend |
Mar 31, 2011 | $0.019 | OrdinaryDividend |
Feb 28, 2011 | $0.018 | OrdinaryDividend |
Jan 31, 2011 | $0.019 | OrdinaryDividend |
Dec 23, 2010 | $0.022 | OrdinaryDividend |
Dec 16, 2010 | $0.010 | CapitalGainShortTerm |
Dec 16, 2010 | $0.082 | CapitalGainLongTerm |
Nov 30, 2010 | $0.023 | OrdinaryDividend |
Oct 29, 2010 | $0.022 | OrdinaryDividend |
Sep 30, 2010 | $0.023 | OrdinaryDividend |
Aug 31, 2010 | $0.026 | OrdinaryDividend |
Jul 30, 2010 | $0.026 | OrdinaryDividend |
Jun 30, 2010 | $0.030 | OrdinaryDividend |
May 28, 2010 | $0.027 | OrdinaryDividend |
Apr 30, 2010 | $0.029 | OrdinaryDividend |
Mar 31, 2010 | $0.033 | OrdinaryDividend |
Feb 26, 2010 | $0.026 | OrdinaryDividend |
Jan 29, 2010 | $0.027 | OrdinaryDividend |
Dec 23, 2009 | $0.030 | OrdinaryDividend |
Nov 30, 2009 | $0.031 | OrdinaryDividend |
Oct 30, 2009 | $0.033 | OrdinaryDividend |
Sep 30, 2009 | $0.029 | OrdinaryDividend |
Aug 31, 2009 | $0.029 | OrdinaryDividend |
Jul 31, 2009 | $0.038 | OrdinaryDividend |
Jun 30, 2009 | $0.041 | OrdinaryDividend |
May 29, 2009 | $0.038 | OrdinaryDividend |
Apr 30, 2009 | $0.037 | OrdinaryDividend |
Mar 31, 2009 | $0.041 | OrdinaryDividend |
Feb 27, 2009 | $0.038 | OrdinaryDividend |
Jan 30, 2009 | $0.030 | OrdinaryDividend |
Dec 23, 2008 | $0.047 | OrdinaryDividend |
Dec 18, 2008 | $0.002 | CapitalGainShortTerm |
Nov 28, 2008 | $0.037 | OrdinaryDividend |
Oct 31, 2008 | $0.042 | OrdinaryDividend |
Sep 30, 2008 | $0.037 | OrdinaryDividend |
Aug 29, 2008 | $0.034 | OrdinaryDividend |
Jul 31, 2008 | $0.030 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Apr 25, 2008
14.11
14.1%
Jeffery joined Frost Bank, the parent company of Frost Investment Advisors, LLC, in 2006 and has over 18 years of investment experience. His primary responsibilities include managing all trading and analysis for the fixed income efforts. Today, Jeffery draws on his experience to lead the fixed income investment strategy and oversees a team of traders and analysts in the research process. Jeffery provides thought leadership on the economy and investment climate to clients and the firm. Prior to joining the Adviser, Jeffery served as a fixed income portfolio manager, analyst and trader at Capital One Financial Corporation for six years. He received a Master of Science in Finance degree from Texas A&M University and a Bachelor of Business Administration in Finance and Accounting degree from Texas A&M University – Commerce.
Start Date
Tenure
Tenure Rank
Apr 18, 2019
3.12
3.1%
Markie Atkission joined Frost Bank, the parent company of Frost Investment Advisors, LLC, in 2006. She specializes in taxable fixed income products such as treasuries, corporates, asset-backed securities, and commercial mortgage backs. Markie is a co-manager of the Frost Low Duration Fund and responsible for developing strategic and tactical views on sector allocation as well as security selection. She also performs daily portfolio management analytics on our fixed income strategies and other accounts. Markie earned a Bachelor of Business Administration degree in Finance from Texas Tech University.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.16 | 2.41 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...