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 10/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
10.4%
1 yr return
18.8%
3 Yr Avg Return
1.8%
5 Yr Avg Return
4.3%
Net Assets
$166 M
Holdings in Top 10
65.1%
Expense Ratio 1.55%
Front Load N/A
Deferred Load N/A
Turnover 211.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$500
Fund Type
Open End Mutual Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund invests primarily in common and preferred stocks, as well as fixed income securities. The Fund may also invest in investment companies (“underlying funds”), which include domestic and foreign mutual funds, as well as in exchange traded funds (“ETFs”), closed-end funds, and unit investment trusts. In addition, the Fund may invest in index funds and index-based investments, such as Standard & Poor’s Depositary Receipts (SPDRs).
Under normal circumstances, the Fund will have a maximum of 50% of its net assets invested in equity securities or underlying funds investing in equity securities. For the equity portion of the portfolio, the Fund may select growth- or value-oriented investments (including specific sectors), without limitation to market capitalization range or geographic region, including emerging markets.
The Fund will also have a minimum of 50% of its net assets invested in fixed income securities. For the fixed income portion of the portfolio, the Fund may invest in securities of governments throughout the world (including the United States and emerging markets), their agencies and instrumentalities, cash and cash equivalents, income-producing securities including domestic and foreign investment grade and non-investment grade bonds, structured instruments (debt securities issued by agencies of the United States Government (such as Ginnie Mae, Fannie Mae, and Freddie Mac), corporations and other business entities whose interest and/or principal payments are indexed to certain specific foreign currency exchange rates, interest rates, or one or more other reference indices or obligations), asset-backed securities, inflation-linked securities, commercial paper, certificates of deposit, banker’s acceptances and other bank obligations, money market funds, and repurchase agreements. The Fund may invest in fixed income securities of any maturity, and of any credit rating (including unrated securities). In addition, for the fixed income portion of the portfolio, the Fund may invest without limit in higher risk, below-investment grade debt securities, commonly referred to as “high yield securities” or “junk bonds.” The Fund may also invest in fixed income investment companies that invest in domestic and foreign fixed income securities, ETFs, closed-end funds, and unit investments trusts.
Within the equity portion of the strategy, Meeder Asset Management, Inc. (the “Adviser”), continually evaluates style, market capitalization, sector rotation, and international positions by utilizing a series of quantitative models to perform fundamental and technical analysis in order to identify opportunities that have the best attributes for outperformance. Individual equity selection is driven by the Adviser’s quantitative model that evaluates securities based on exposure to value, quality, momentum, and sentiment characteristics:
● | Value is a measure of the relative value of a company using metrics such as revenue, cash flow, and income; |
● | Quality is a measure of the financial performance of a company, typically measured by the stability of its earnings and cash flows, along with the strength of its balance sheet; |
● | Momentum is a measure of the rate of change in the price of securities over time; and |
● | Sentiment is a measure of the prevailing attitudes of investors related to anticipated price movements in the market. |
Within the fixed income portion of the strategy, Meeder Asset Management, Inc. (the “Adviser”), uses a combination of quantitative models that seek to measure the relative risks and opportunities of each fixed income market segment based upon economic, market, currency and technical data and the Adviser’s own assessment of economic and market conditions to create an optimal allocation of the Fund’s assets among various segments of the fixed income market. After sector allocations are made, the Adviser uses a combination of traditional due diligence, and performance analysis to identify investments for the Fund’s portfolio.
The Fund utilizes several defensive tactics to reduce or eliminate its position in common stocks and underlying equity funds in order to attempt to reduce the risk of loss when the Adviser’s quantitative models and evaluation indicate that the risks of the stock market may be greater than the potential rewards. The Fund may shift equity holdings to fixed income securities of any maturity and of any credit rating (including unrated and high yield fixed income securities) and cash equivalent securities. The Fund may invest in underlying fixed income funds that invest in domestic and foreign fixed income securities, ETFs, closed-end funds, and unit investment trusts. The Fund may also buy or sell derivatives, including domestic or international stock index futures or options and option spreads on index future contracts. An option spread is a strategy where the Fund buys two different options on an index, but with different prices or expirations, in order to hedge against declines in equity market value. The use of these techniques may not protect against market declines and may limit the Fund’s participation in market gains, particularly in volatile market conditions.
Other than as set forth in the SAI, the investment policies and limitations of the Fund are not fundamental and may be changed by the Board of Trustees of the Meeder Funds without shareholder approval.
Period | FLDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.4% | -2.9% | 16.2% | 19.14% |
1 Yr | 18.8% | 1.3% | 30.2% | 26.32% |
3 Yr | 1.8%* | -15.0% | 5.7% | 62.04% |
5 Yr | 4.3%* | -5.4% | 8.5% | 64.91% |
10 Yr | N/A* | -0.4% | 7.7% | N/A |
* Annualized
Period | FLDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.2% | -1.0% | 27.4% | 19.90% |
2022 | -13.2% | -35.0% | -7.4% | 19.90% |
2021 | 2.2% | -11.5% | 14.6% | 48.01% |
2020 | 4.4% | -10.3% | 40.7% | 58.68% |
2019 | 9.3% | -9.5% | 22.1% | 63.14% |
Period | FLDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.4% | -2.9% | 16.2% | 19.14% |
1 Yr | 18.8% | 1.3% | 30.2% | 26.32% |
3 Yr | 1.8%* | -15.0% | 5.7% | 62.04% |
5 Yr | 4.3%* | -5.4% | 8.5% | 64.91% |
10 Yr | N/A* | -0.4% | 7.7% | N/A |
* Annualized
Period | FLDOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.9% | 2.6% | 28.2% | 33.09% |
2022 | -10.7% | -35.0% | -3.1% | 27.91% |
2021 | 2.6% | -11.5% | 32.0% | 97.76% |
2020 | 5.6% | -5.4% | 40.7% | 78.16% |
2019 | 11.1% | 4.5% | 27.7% | 94.31% |
FLDOX | Category Low | Category High | FLDOX % Rank | |
---|---|---|---|---|
Net Assets | 166 M | 291 K | 50.8 B | 80.86% |
Number of Holdings | 149 | 2 | 4065 | 33.73% |
Net Assets in Top 10 | 114 M | 284 K | 10.3 B | 75.12% |
Weighting of Top 10 | 65.07% | 9.7% | 111.4% | 61.48% |
Weighting | Return Low | Return High | FLDOX % Rank | |
---|---|---|---|---|
Stocks | 57.51% | 0.00% | 100.08% | 60.77% |
Cash | 12.93% | -35.68% | 25.19% | 4.31% |
Convertible Bonds | 0.18% | 0.00% | 71.77% | 90.58% |
Other | 0.03% | -0.45% | 61.72% | 33.49% |
Preferred Stocks | 0.00% | 0.00% | 21.95% | 22.25% |
Bonds | 0.00% | 0.00% | 79.74% | 76.32% |
Weighting | Return Low | Return High | FLDOX % Rank | |
---|---|---|---|---|
Technology | 25.55% | 0.22% | 27.92% | 3.41% |
Healthcare | 17.87% | 0.00% | 24.25% | 1.95% |
Financial Services | 15.29% | 0.00% | 83.50% | 40.15% |
Industrials | 8.95% | 0.14% | 17.90% | 75.67% |
Consumer Cyclical | 8.76% | 0.00% | 14.20% | 60.58% |
Energy | 7.92% | 0.00% | 62.93% | 11.92% |
Consumer Defense | 5.98% | 0.00% | 18.62% | 82.24% |
Communication Services | 5.27% | 0.00% | 11.11% | 77.62% |
Basic Materials | 2.24% | 0.00% | 32.82% | 95.13% |
Utilities | 1.25% | 0.00% | 48.33% | 94.65% |
Real Estate | 0.93% | 0.00% | 43.16% | 98.05% |
Weighting | Return Low | Return High | FLDOX % Rank | |
---|---|---|---|---|
US | 57.51% | 0.00% | 100.08% | 59.09% |
Non US | 0.00% | 0.00% | 23.24% | 71.77% |
FLDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.55% | 0.06% | 21.26% | 17.22% |
Management Fee | 0.60% | 0.00% | 1.25% | 89.69% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 38.72% |
Administrative Fee | 0.10% | 0.01% | 0.70% | 59.05% |
FLDOX 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 |
FLDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
FLDOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 211.00% | 2.00% | 380.00% | 97.91% |
FLDOX | Category Low | Category High | FLDOX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.49% | 0.00% | 7.99% | 77.99% |
FLDOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Annual |
FLDOX | Category Low | Category High | FLDOX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.22% | -1.22% | 6.83% | 98.79% |
FLDOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.080 | OrdinaryDividend |
Jun 27, 2024 | $0.060 | OrdinaryDividend |
Mar 28, 2024 | $0.050 | OrdinaryDividend |
Dec 28, 2023 | $0.093 | OrdinaryDividend |
Sep 29, 2023 | $0.070 | OrdinaryDividend |
Jun 30, 2023 | $0.070 | OrdinaryDividend |
Mar 31, 2023 | $0.050 | OrdinaryDividend |
Dec 29, 2022 | $0.125 | OrdinaryDividend |
Nov 30, 2022 | $0.076 | CapitalGainLongTerm |
Sep 30, 2022 | $0.090 | OrdinaryDividend |
Jun 30, 2022 | $0.020 | OrdinaryDividend |
Sep 30, 2021 | $0.050 | OrdinaryDividend |
Dec 30, 2020 | $0.051 | OrdinaryDividend |
Sep 30, 2020 | $0.028 | OrdinaryDividend |
Jun 30, 2020 | $0.030 | OrdinaryDividend |
Mar 31, 2020 | $0.020 | OrdinaryDividend |
Dec 30, 2019 | $0.081 | OrdinaryDividend |
Sep 30, 2019 | $0.040 | OrdinaryDividend |
Jun 28, 2019 | $0.040 | OrdinaryDividend |
Mar 29, 2019 | $0.030 | OrdinaryDividend |
Dec 28, 2018 | $0.066 | OrdinaryDividend |
Dec 12, 2018 | $0.274 | CapitalGainShortTerm |
Dec 12, 2018 | $0.087 | CapitalGainLongTerm |
Jun 28, 2018 | $0.040 | OrdinaryDividend |
Mar 29, 2018 | $0.020 | OrdinaryDividend |
Dec 29, 2017 | $0.013 | OrdinaryDividend |
Dec 11, 2017 | $0.375 | CapitalGainShortTerm |
Dec 11, 2017 | $0.041 | CapitalGainLongTerm |
Aug 31, 2017 | $0.010 | OrdinaryDividend |
Jul 31, 2017 | $0.002 | OrdinaryDividend |
Jun 30, 2017 | $0.005 | OrdinaryDividend |
May 31, 2017 | $0.005 | OrdinaryDividend |
Mar 31, 2017 | $0.005 | OrdinaryDividend |
Feb 28, 2017 | $0.005 | OrdinaryDividend |
Jan 31, 2017 | $0.005 | OrdinaryDividend |
Dec 30, 2016 | $0.021 | OrdinaryDividend |
Nov 30, 2016 | $0.005 | OrdinaryDividend |
Oct 31, 2016 | $0.002 | OrdinaryDividend |
Sep 30, 2016 | $0.010 | OrdinaryDividend |
Aug 31, 2016 | $0.015 | OrdinaryDividend |
Jul 29, 2016 | $0.010 | OrdinaryDividend |
Jun 30, 2016 | $0.025 | OrdinaryDividend |
May 31, 2016 | $0.014 | OrdinaryDividend |
Apr 29, 2016 | $0.020 | OrdinaryDividend |
Mar 31, 2016 | $0.030 | OrdinaryDividend |
Feb 29, 2016 | $0.010 | OrdinaryDividend |
Jan 29, 2016 | $0.010 | OrdinaryDividend |
Dec 31, 2015 | $0.019 | OrdinaryDividend |
Nov 30, 2015 | $0.020 | OrdinaryDividend |
Oct 30, 2015 | $0.005 | OrdinaryDividend |
Sep 30, 2015 | $0.020 | OrdinaryDividend |
Aug 31, 2015 | $0.011 | OrdinaryDividend |
Jul 31, 2015 | $0.010 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Jun 30, 2015
6.92
6.9%
Robert S. Meeder, Jr. is President and CEO of Meeder Investment Management and brings over 30 years of investment industry experience. Mr. Meeder has been President of Meeder Investment Management, Inc. since 1991 and has been a member of the team managing the Funds and Portfolios since 1992. In addition to his executive duties, Mr. Meeder is involved in the development of investment policy and client relationships for Meeder Investment Management, Inc.
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.5
6.5%
Amisha Kaus. Ms. Kaus is a Portfolio Manager and has been associated with the Meeder Asset Management, Inc. since November, 2015. Ms. Kaus brings 13 years of investment industry experience to the Meeder Asset Management, Inc. , with previous experience as an investment analyst with Allegheny Financial Group from 2007 to 2015. Ms. Kaus has been a member of the team managing the Funds since November 2015.
Start Date
Tenure
Tenure Rank
Mar 31, 2018
4.17
4.2%
Joseph Bell, CFA, CMT. Mr. Bell is a Portfolio Manager and has been associated with the Adviser since March 2018, when he joined the team managing the Funds. Mr. Bell was previously a Senior Market Strategist and a Senior Equity Analyst at Schaeffer’s Investment Research.
Start Date
Tenure
Tenure Rank
Apr 16, 2021
1.12
1.1%
Yuntaek Pae, PhD, CFA. Dr. Pae joined Meeder Asset Management as the Director of Research in April 2021. He worked for Allianz Global Investors in South Korea as an equity analyst between 2005 and 2007. He earned a PhD degree from Illinois Institute of Technology in 2010.
Start Date
Tenure
Tenure Rank
Feb 28, 2022
0.25
0.3%
Donald McConnell. Mr. McDonnell is a Portfolio Manager and has been associated with Meeder Asset Management, Inc. since February 2022, when he joined the team managing the Funds. Mr. McConnell was previously a Senior Portfolio Manager with BMO Global Asset Management from 2013 – 2022.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 28.73 | 6.35 | 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
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