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 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.4%
1 yr return
11.3%
3 Yr Avg Return
-2.0%
5 Yr Avg Return
-0.2%
Net Assets
$4.86 B
Holdings in Top 10
17.8%
Expense Ratio 0.80%
Front Load 4.50%
Deferred Load N/A
Turnover 457.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$250
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
■ | at least 80% of the Fund’s net assets in bonds; |
■ | at least 80% of the Fund’s total assets in investment-grade debt securities; |
■ | up to 25% of the Fund’s total assets in asset-backed securities, other than mortgage-backed securities; and |
■ | up to 20% of the Fund’s total assets in U.S. dollar-denominated debt securities of foreign issuers. |
Period | MBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -2.4% | 11.7% | 70.71% |
1 Yr | 11.3% | -6.9% | 24.6% | 79.18% |
3 Yr | -2.0%* | -9.8% | 28.4% | 67.16% |
5 Yr | -0.2%* | -7.3% | 58.8% | 71.87% |
10 Yr | 1.3%* | -2.6% | 74.1% | 72.27% |
* Annualized
Period | MBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -16.2% | 8.1% | 58.87% |
2022 | -15.3% | -34.7% | 131.9% | 30.12% |
2021 | -3.7% | -11.6% | 4.4% | 62.72% |
2020 | 2.1% | -10.1% | 946.1% | 85.71% |
2019 | 5.5% | -1.7% | 16.9% | 53.31% |
Period | MBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -2.4% | 11.7% | 70.71% |
1 Yr | 11.3% | -6.9% | 24.6% | 79.18% |
3 Yr | -2.0%* | -9.8% | 28.4% | 67.16% |
5 Yr | -0.2%* | -7.3% | 58.8% | 71.87% |
10 Yr | 1.3%* | -2.6% | 74.1% | 72.27% |
* Annualized
Period | MBFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -11.3% | 11.9% | 52.00% |
2022 | -13.7% | -32.2% | 131.9% | 53.41% |
2021 | -1.9% | -9.4% | 9.2% | 84.54% |
2020 | 8.6% | -1.9% | 1009.0% | 43.42% |
2019 | 8.4% | 1.1% | 21668.0% | 64.30% |
MBFAX | Category Low | Category High | MBFAX % Rank | |
---|---|---|---|---|
Net Assets | 4.86 B | 2.9 M | 314 B | 25.61% |
Number of Holdings | 868 | 1 | 17787 | 45.30% |
Net Assets in Top 10 | 893 M | 1.62 M | 36.1 B | 30.57% |
Weighting of Top 10 | 17.80% | 4.4% | 432.9% | 70.43% |
Weighting | Return Low | Return High | MBFAX % Rank | |
---|---|---|---|---|
Bonds | 94.01% | 0.00% | 993.61% | 56.12% |
Cash | 5.40% | -54.51% | 237.69% | 28.12% |
Convertible Bonds | 0.59% | 0.00% | 7.93% | 79.09% |
Stocks | 0.00% | 0.00% | 99.99% | 47.86% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 40.70% |
Other | 0.00% | -16.55% | 52.94% | 84.36% |
Weighting | Return Low | Return High | MBFAX % Rank | |
---|---|---|---|---|
Securitized | 38.06% | 0.00% | 98.40% | 26.06% |
Government | 29.46% | 0.00% | 86.23% | 41.61% |
Corporate | 26.73% | 0.00% | 100.00% | 61.17% |
Cash & Equivalents | 5.40% | -0.46% | 237.69% | 27.20% |
Municipal | 0.35% | 0.00% | 100.00% | 53.24% |
Derivative | 0.00% | -1.41% | 44.82% | 56.75% |
Weighting | Return Low | Return High | MBFAX % Rank | |
---|---|---|---|---|
US | 88.79% | 0.00% | 993.61% | 69.73% |
Non US | 5.22% | 0.00% | 35.41% | 9.71% |
MBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.01% | 39.64% | 39.67% |
Management Fee | 0.40% | 0.00% | 1.76% | 61.98% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.21% |
Administrative Fee | 0.05% | 0.01% | 0.50% | 18.75% |
MBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 2.00% | 5.75% | 5.19% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
MBFAX 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.
MBFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 457.00% | 2.00% | 493.39% | 91.77% |
MBFAX | Category Low | Category High | MBFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.98% | 0.00% | 10.11% | 48.57% |
MBFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
MBFAX | Category Low | Category High | MBFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.87% | -1.28% | 4.79% | 91.49% |
MBFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.038 | OrdinaryDividend |
Aug 30, 2024 | $0.039 | OrdinaryDividend |
Jul 31, 2024 | $0.039 | OrdinaryDividend |
Apr 30, 2024 | $0.038 | OrdinaryDividend |
Mar 28, 2024 | $0.038 | OrdinaryDividend |
Feb 28, 2024 | $0.037 | OrdinaryDividend |
Jan 31, 2024 | $0.037 | OrdinaryDividend |
Dec 29, 2023 | $0.038 | OrdinaryDividend |
Nov 30, 2023 | $0.037 | OrdinaryDividend |
Oct 31, 2023 | $0.038 | OrdinaryDividend |
Sep 29, 2023 | $0.037 | OrdinaryDividend |
Aug 31, 2023 | $0.036 | OrdinaryDividend |
Jul 31, 2023 | $0.035 | OrdinaryDividend |
Jun 30, 2023 | $0.033 | OrdinaryDividend |
May 31, 2023 | $0.032 | OrdinaryDividend |
Apr 28, 2023 | $0.030 | OrdinaryDividend |
Mar 31, 2023 | $0.029 | OrdinaryDividend |
Feb 28, 2023 | $0.027 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 30, 2022 | $0.036 | OrdinaryDividend |
Dec 13, 2022 | $0.006 | CapitalGainShortTerm |
Nov 30, 2022 | $0.024 | OrdinaryDividend |
Oct 31, 2022 | $0.022 | OrdinaryDividend |
Sep 30, 2022 | $0.020 | OrdinaryDividend |
Aug 31, 2022 | $0.019 | OrdinaryDividend |
Jul 29, 2022 | $0.017 | OrdinaryDividend |
Jun 30, 2022 | $0.017 | OrdinaryDividend |
May 31, 2022 | $0.016 | OrdinaryDividend |
Apr 28, 2022 | $0.013 | OrdinaryDividend |
Mar 31, 2022 | $0.011 | OrdinaryDividend |
Feb 28, 2022 | $0.010 | OrdinaryDividend |
Jan 31, 2022 | $0.008 | OrdinaryDividend |
Dec 31, 2021 | $0.008 | OrdinaryDividend |
Dec 14, 2021 | $0.047 | CapitalGainShortTerm |
Dec 14, 2021 | $0.071 | CapitalGainLongTerm |
Nov 30, 2021 | $0.008 | OrdinaryDividend |
Oct 29, 2021 | $0.008 | OrdinaryDividend |
Sep 30, 2021 | $0.008 | OrdinaryDividend |
Aug 31, 2021 | $0.009 | OrdinaryDividend |
Jul 31, 2021 | $0.009 | OrdinaryDividend |
Jun 30, 2021 | $0.010 | OrdinaryDividend |
May 31, 2021 | $0.010 | OrdinaryDividend |
Apr 30, 2021 | $0.011 | OrdinaryDividend |
Mar 31, 2021 | $0.010 | OrdinaryDividend |
Feb 28, 2021 | $0.011 | OrdinaryDividend |
Jan 31, 2021 | $0.011 | OrdinaryDividend |
Dec 31, 2020 | $0.012 | OrdinaryDividend |
Dec 11, 2020 | $0.518 | CapitalGainShortTerm |
Dec 11, 2020 | $0.129 | CapitalGainLongTerm |
Nov 30, 2020 | $0.013 | OrdinaryDividend |
Oct 30, 2020 | $0.013 | OrdinaryDividend |
Sep 30, 2020 | $0.014 | OrdinaryDividend |
Aug 31, 2020 | $0.015 | OrdinaryDividend |
Jul 31, 2020 | $0.017 | OrdinaryDividend |
Jun 30, 2020 | $0.019 | OrdinaryDividend |
May 29, 2020 | $0.019 | OrdinaryDividend |
Apr 30, 2020 | $0.021 | OrdinaryDividend |
Mar 31, 2020 | $0.019 | OrdinaryDividend |
Feb 28, 2020 | $0.020 | OrdinaryDividend |
Jan 31, 2020 | $0.022 | OrdinaryDividend |
Dec 31, 2019 | $0.021 | OrdinaryDividend |
Dec 12, 2019 | $0.026 | CapitalGainShortTerm |
Nov 29, 2019 | $0.021 | OrdinaryDividend |
Oct 31, 2019 | $0.022 | OrdinaryDividend |
Sep 30, 2019 | $0.021 | OrdinaryDividend |
Aug 30, 2019 | $0.025 | OrdinaryDividend |
Jul 31, 2019 | $0.024 | OrdinaryDividend |
Jun 28, 2019 | $0.026 | OrdinaryDividend |
Dec 07, 2016 | $0.053 | CapitalGainShortTerm |
Dec 07, 2016 | $0.011 | CapitalGainLongTerm |
Dec 09, 2013 | $0.071 | CapitalGainShortTerm |
Dec 09, 2013 | $0.076 | CapitalGainLongTerm |
Jan 02, 2013 | $0.403 | CapitalGainShortTerm |
Dec 07, 2012 | $0.158 | CapitalGainLongTerm |
Dec 09, 2011 | $0.236 | CapitalGainShortTerm |
Dec 09, 2011 | $0.074 | CapitalGainLongTerm |
Dec 10, 2010 | $0.245 | CapitalGainShortTerm |
Dec 10, 2010 | $0.107 | CapitalGainLongTerm |
Jul 07, 2010 | $0.320 | CapitalGainShortTerm |
Jul 07, 2010 | $0.029 | CapitalGainLongTerm |
Dec 11, 2009 | $0.120 | CapitalGainShortTerm |
Dec 16, 2004 | $0.026 | CapitalGainShortTerm |
Dec 16, 2003 | $0.018 | CapitalGainLongTerm |
Dec 16, 2003 | $0.104 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Oct 16, 2017
4.62
4.6%
Maulik Bhansali is a senior portfolio manager and co-head of the Core Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to his current role, Maulik served as an equity research analyst responsible for quantitative modeling and portfolio construction in addition to fundamental analysis for various equity teams. Before Joining WFAM, he served as a retirement actuary at Watson Wyatt Worldwide. He began his investment industry career in 2001. Maulik earned a bachelor’s degree in economics and international studies, graduating cum laude, from Yale University and a master’s degree in financial engineering from the University of California, Berkeley. He is an Associate of the Society of Actuaries and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Start Date
Tenure
Tenure Rank
Oct 16, 2017
4.62
4.6%
Jarad Vasquez is a senior portfolio manager and co-head of the Core Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). Prior to joining WFAM, Jarad was a trader at Susquehanna International Group, where he traded mortgage-backed securities in a proprietary relative-value strategy and equity options as a specialist on the Philadelphia Stock Exchange. He began his investment industry career in 2001. Jarad earned a bachelor’s degree in management science from the Massachusetts Institute of Technology.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.78 | 1.16 |
Dividend Investing Ideas Center
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