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 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
10.5%
1 yr return
28.9%
3 Yr Avg Return
-5.1%
5 Yr Avg Return
6.1%
Net Assets
$1.27 B
Holdings in Top 10
31.2%
Expense Ratio 0.88%
Front Load N/A
Deferred Load N/A
Turnover 30.00%
Redemption Fee 2.00%
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | MRRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | -1.1% | 73.5% | 93.61% |
1 Yr | 28.9% | 13.1% | 65.5% | 94.16% |
3 Yr | -5.1%* | -21.5% | 56.2% | 70.00% |
5 Yr | 6.1%* | -3.3% | 46.5% | 94.19% |
10 Yr | N/A* | 1.7% | 24.6% | 74.05% |
* Annualized
Period | MRRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.4% | -20.5% | 54.6% | 43.41% |
2022 | -37.8% | -82.1% | 32.2% | 82.78% |
2021 | -0.5% | -90.6% | 300.1% | 32.90% |
2020 | 23.9% | -63.0% | 127.9% | 68.41% |
2019 | 17.0% | -7.7% | 42.9% | 72.51% |
Period | MRRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | -1.1% | 73.5% | 93.61% |
1 Yr | 28.9% | 13.1% | 65.5% | 94.16% |
3 Yr | -5.1%* | -21.5% | 56.2% | 70.00% |
5 Yr | 6.1%* | -3.3% | 46.5% | 94.19% |
10 Yr | N/A* | 1.7% | 24.6% | 72.30% |
* Annualized
Period | MRRGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.4% | -19.0% | 136.8% | 56.41% |
2022 | -29.2% | -59.9% | 44.3% | 60.93% |
2021 | 15.2% | -22.7% | 411.9% | 28.60% |
2020 | 25.0% | 1.5% | 150.8% | 87.21% |
2019 | 27.6% | 5.5% | 55.3% | 57.37% |
MRRGX | Category Low | Category High | MRRGX % Rank | |
---|---|---|---|---|
Net Assets | 1.27 B | 214 K | 34.3 B | 38.14% |
Number of Holdings | 89 | 7 | 1226 | 59.49% |
Net Assets in Top 10 | 358 M | 53.8 K | 3.24 B | 37.23% |
Weighting of Top 10 | 31.20% | 7.5% | 100.0% | 22.12% |
Weighting | Return Low | Return High | MRRGX % Rank | |
---|---|---|---|---|
Stocks | 93.08% | 85.75% | 107.62% | 96.72% |
Cash | 3.68% | 0.00% | 28.78% | 25.91% |
Preferred Stocks | 3.04% | 0.00% | 4.63% | 1.82% |
Other | 0.45% | -0.26% | 6.70% | 19.89% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 31.39% |
Bonds | 0.00% | 0.00% | 3.83% | 31.57% |
Weighting | Return Low | Return High | MRRGX % Rank | |
---|---|---|---|---|
Technology | 27.63% | 2.91% | 75.51% | 31.39% |
Healthcare | 24.41% | 0.00% | 47.90% | 38.87% |
Industrials | 22.34% | 0.00% | 36.64% | 10.04% |
Consumer Cyclical | 15.12% | 0.00% | 24.04% | 23.18% |
Communication Services | 5.34% | 0.00% | 15.31% | 6.39% |
Financial Services | 2.91% | 0.00% | 42.95% | 89.05% |
Consumer Defense | 2.26% | 0.00% | 13.56% | 79.56% |
Utilities | 0.00% | 0.00% | 5.57% | 51.82% |
Real Estate | 0.00% | 0.00% | 15.31% | 80.11% |
Energy | 0.00% | 0.00% | 55.49% | 83.21% |
Basic Materials | 0.00% | 0.00% | 9.24% | 89.23% |
Weighting | Return Low | Return High | MRRGX % Rank | |
---|---|---|---|---|
US | 93.08% | 17.30% | 107.62% | 89.96% |
Non US | 0.00% | 0.00% | 77.12% | 44.89% |
MRRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.88% | 0.05% | 23.20% | 84.64% |
Management Fee | 0.76% | 0.05% | 1.62% | 41.68% |
12b-1 Fee | N/A | 0.00% | 1.00% | 87.78% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
MRRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
MRRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 22.92% |
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.
MRRGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 3.00% | 264.00% | 22.08% |
MRRGX | Category Low | Category High | MRRGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.91% | 44.53% |
MRRGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
MRRGX | Category Low | Category High | MRRGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.49% | -2.47% | 1.10% | 30.63% |
MRRGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 21, 2022 | $4.098 | OrdinaryDividend |
Dec 21, 2021 | $7.398 | OrdinaryDividend |
Dec 18, 2020 | $0.421 | OrdinaryDividend |
Dec 20, 2019 | $0.208 | CapitalGainShortTerm |
Dec 20, 2019 | $3.340 | CapitalGainLongTerm |
Dec 20, 2017 | $0.834 | CapitalGainShortTerm |
Dec 20, 2017 | $2.108 | CapitalGainLongTerm |
Dec 20, 2016 | $0.201 | CapitalGainShortTerm |
Dec 17, 2015 | $0.799 | CapitalGainShortTerm |
Dec 17, 2015 | $2.937 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Sep 05, 2013
8.74
8.7%
Mr. Meade, Partner and Portfolio Manager of ArrowMark Partners. He has worked in investment management since 1998, has managed investment portfolios since 2006, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.
Start Date
Tenure
Tenure Rank
Sep 05, 2013
8.74
8.7%
Mr. Schaub, Partner and Portfolio Manager of ArrowMark Partners, He has worked in investment management since 2000, has managed investment portfolios since 2006, has been with ArrowMark Partners since 2013, and has co-managed a portion of the Portfolio since 2016. Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.44 | 9.12 | 5.25 |
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...