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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 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
5.5%
1 yr return
6.0%
3 Yr Avg Return
1.8%
5 Yr Avg Return
3.3%
Net Assets
$1.3 B
Holdings in Top 10
32.5%
Expense Ratio 0.97%
Front Load N/A
Deferred Load N/A
Turnover 61.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$1,000
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | MXIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -11.1% | 18.9% | 72.60% |
1 Yr | 6.0% | -9.2% | 20.8% | 73.37% |
3 Yr | 1.8%* | -16.9% | 16.8% | 44.44% |
5 Yr | 3.3%* | -14.7% | 13.4% | 26.07% |
10 Yr | 3.6%* | -7.0% | 7.1% | 21.80% |
* Annualized
Period | MXIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -12.0% | 8.9% | 28.28% |
2022 | -12.2% | -31.8% | 18.4% | 42.95% |
2021 | -0.4% | -16.2% | 25.7% | 27.21% |
2020 | 3.1% | -31.1% | 18.7% | 34.40% |
2019 | 4.6% | -6.1% | 15.3% | 49.13% |
Period | MXIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -11.1% | 18.9% | 72.60% |
1 Yr | 6.0% | -9.2% | 20.8% | 73.37% |
3 Yr | 1.8%* | -16.9% | 16.8% | 44.44% |
5 Yr | 3.3%* | -14.7% | 13.4% | 26.07% |
10 Yr | 3.6%* | -7.0% | 7.1% | 21.80% |
* Annualized
Period | MXIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -6.9% | 22.2% | 49.30% |
2022 | -8.1% | -31.8% | 21.1% | 45.01% |
2021 | 3.2% | -13.5% | 49.9% | 29.84% |
2020 | 8.1% | -28.6% | 24.1% | 20.86% |
2019 | 8.7% | -4.8% | 19.1% | 49.52% |
MXIIX | Category Low | Category High | MXIIX % Rank | |
---|---|---|---|---|
Net Assets | 1.3 B | 2.63 M | 143 B | 36.94% |
Number of Holdings | 265 | 4 | 9638 | 67.39% |
Net Assets in Top 10 | 511 M | -204 M | 89.4 B | 32.45% |
Weighting of Top 10 | 32.46% | 5.8% | 265.8% | 36.95% |
Weighting | Return Low | Return High | MXIIX % Rank | |
---|---|---|---|---|
Bonds | 50.29% | 0.00% | 199.60% | 85.49% |
Other | 36.55% | -75.22% | 147.15% | 5.30% |
Cash | 6.26% | -94.66% | 99.97% | 32.61% |
Preferred Stocks | 4.00% | 0.00% | 21.58% | 4.21% |
Stocks | 2.90% | -6.18% | 99.68% | 26.05% |
Convertible Bonds | 0.19% | 0.00% | 33.50% | 74.84% |
Weighting | Return Low | Return High | MXIIX % Rank | |
---|---|---|---|---|
Technology | 25.18% | 0.00% | 28.30% | 4.06% |
Healthcare | 13.46% | 0.00% | 18.60% | 7.25% |
Financial Services | 13.01% | 0.00% | 100.00% | 34.20% |
Consumer Cyclical | 11.80% | 0.00% | 89.95% | 10.72% |
Communication Services | 9.34% | 0.00% | 100.00% | 21.16% |
Industrials | 8.01% | 0.00% | 100.00% | 29.28% |
Consumer Defense | 6.41% | 0.00% | 99.97% | 20.00% |
Energy | 4.58% | 0.00% | 100.00% | 57.68% |
Utilities | 2.90% | 0.00% | 100.00% | 26.09% |
Real Estate | 2.90% | 0.00% | 100.00% | 33.33% |
Basic Materials | 2.40% | 0.00% | 100.00% | 26.09% |
Weighting | Return Low | Return High | MXIIX % Rank | |
---|---|---|---|---|
US | 2.90% | -6.18% | 99.68% | 25.27% |
Non US | 0.00% | -0.30% | 17.73% | 22.31% |
Weighting | Return Low | Return High | MXIIX % Rank | |
---|---|---|---|---|
Corporate | 40.02% | 0.00% | 96.66% | 43.00% |
Securitized | 38.04% | 0.00% | 99.65% | 24.32% |
Government | 10.63% | 0.00% | 99.43% | 52.01% |
Cash & Equivalents | 4.84% | 0.00% | 94.89% | 35.21% |
Municipal | 4.22% | 0.00% | 54.26% | 3.38% |
Derivative | 0.00% | -75.22% | 147.15% | 45.38% |
Weighting | Return Low | Return High | MXIIX % Rank | |
---|---|---|---|---|
US | 50.29% | 0.00% | 199.60% | 78.94% |
Non US | 0.00% | 0.00% | 74.14% | 67.55% |
MXIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.03% | 34.13% | 62.67% |
Management Fee | 0.55% | 0.00% | 2.29% | 32.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 0.70% | 57.75% |
MXIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
MXIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
MXIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 61.00% | 0.00% | 632.00% | 35.09% |
MXIIX | Category Low | Category High | MXIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.01% | 0.00% | 23.30% | 78.67% |
MXIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
MXIIX | Category Low | Category High | MXIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.30% | -1.55% | 11.51% | 36.93% |
MXIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 27, 2024 | $0.026 | OrdinaryDividend |
Oct 30, 2024 | $0.025 | OrdinaryDividend |
Sep 27, 2024 | $0.027 | OrdinaryDividend |
Aug 29, 2024 | $0.038 | OrdinaryDividend |
Jul 30, 2024 | $0.036 | OrdinaryDividend |
Apr 29, 2024 | $0.041 | OrdinaryDividend |
Mar 28, 2024 | $0.028 | OrdinaryDividend |
Feb 28, 2024 | $0.034 | OrdinaryDividend |
Jan 30, 2024 | $0.034 | OrdinaryDividend |
Dec 27, 2023 | $0.036 | OrdinaryDividend |
Nov 29, 2023 | $0.033 | OrdinaryDividend |
Oct 30, 2023 | $0.030 | OrdinaryDividend |
Sep 27, 2023 | $0.032 | OrdinaryDividend |
Aug 30, 2023 | $0.032 | OrdinaryDividend |
Jul 28, 2023 | $0.031 | OrdinaryDividend |
Jun 28, 2023 | $0.027 | OrdinaryDividend |
May 30, 2023 | $0.024 | OrdinaryDividend |
Apr 27, 2023 | $0.047 | OrdinaryDividend |
Mar 29, 2023 | $0.038 | OrdinaryDividend |
Feb 27, 2023 | $0.030 | OrdinaryDividend |
Jan 30, 2023 | $0.026 | OrdinaryDividend |
Dec 28, 2022 | $0.027 | OrdinaryDividend |
Dec 09, 2022 | $0.125 | OrdinaryDividend |
Nov 29, 2022 | $0.026 | OrdinaryDividend |
Oct 28, 2022 | $0.024 | OrdinaryDividend |
Sep 28, 2022 | $0.019 | OrdinaryDividend |
Aug 30, 2022 | $0.028 | OrdinaryDividend |
Jul 28, 2022 | $0.026 | OrdinaryDividend |
Jun 28, 2022 | $0.032 | OrdinaryDividend |
May 27, 2022 | $0.042 | OrdinaryDividend |
Apr 28, 2022 | $0.026 | OrdinaryDividend |
Mar 29, 2022 | $0.016 | OrdinaryDividend |
Feb 25, 2022 | $0.030 | OrdinaryDividend |
Jan 28, 2022 | $0.042 | OrdinaryDividend |
Dec 29, 2021 | $0.043 | OrdinaryDividend |
Nov 29, 2021 | $0.036 | OrdinaryDividend |
Oct 28, 2021 | $0.029 | OrdinaryDividend |
Sep 28, 2021 | $0.028 | OrdinaryDividend |
Aug 30, 2021 | $0.031 | OrdinaryDividend |
Jul 29, 2021 | $0.030 | OrdinaryDividend |
Jun 28, 2021 | $0.037 | OrdinaryDividend |
May 28, 2021 | $0.035 | OrdinaryDividend |
Apr 29, 2021 | $0.027 | OrdinaryDividend |
Mar 29, 2021 | $0.019 | OrdinaryDividend |
Feb 25, 2021 | $0.037 | OrdinaryDividend |
Jan 28, 2021 | $0.040 | OrdinaryDividend |
Dec 29, 2020 | $0.038 | OrdinaryDividend |
Dec 10, 2020 | $0.096 | OrdinaryDividend |
Nov 27, 2020 | $0.045 | OrdinaryDividend |
Oct 29, 2020 | $0.036 | OrdinaryDividend |
Sep 28, 2020 | $0.040 | OrdinaryDividend |
Aug 28, 2020 | $0.047 | OrdinaryDividend |
Jul 30, 2020 | $0.036 | OrdinaryDividend |
Jun 26, 2020 | $0.038 | OrdinaryDividend |
May 28, 2020 | $0.034 | OrdinaryDividend |
Apr 29, 2020 | $0.029 | OrdinaryDividend |
Mar 27, 2020 | $0.026 | OrdinaryDividend |
Feb 27, 2020 | $0.034 | OrdinaryDividend |
Jan 30, 2020 | $0.026 | OrdinaryDividend |
Dec 27, 2019 | $0.032 | OrdinaryDividend |
Nov 27, 2019 | $0.031 | OrdinaryDividend |
Oct 30, 2019 | $0.028 | OrdinaryDividend |
Sep 26, 2019 | $0.036 | OrdinaryDividend |
Aug 29, 2019 | $0.036 | OrdinaryDividend |
Jul 30, 2019 | $0.027 | OrdinaryDividend |
Jun 26, 2019 | $0.032 | OrdinaryDividend |
May 30, 2019 | $0.041 | OrdinaryDividend |
Apr 29, 2019 | $0.039 | OrdinaryDividend |
Mar 27, 2019 | $0.043 | OrdinaryDividend |
Feb 27, 2019 | $0.030 | OrdinaryDividend |
Jan 30, 2019 | $0.043 | OrdinaryDividend |
Dec 27, 2018 | $0.035 | OrdinaryDividend |
Dec 12, 2018 | $0.057 | CapitalGainLongTerm |
Nov 29, 2018 | $0.031 | OrdinaryDividend |
Oct 30, 2018 | $0.034 | OrdinaryDividend |
Sep 26, 2018 | $0.035 | OrdinaryDividend |
Aug 30, 2018 | $0.035 | OrdinaryDividend |
Jul 30, 2018 | $0.026 | OrdinaryDividend |
Jun 27, 2018 | $0.037 | OrdinaryDividend |
May 30, 2018 | $0.029 | OrdinaryDividend |
Apr 27, 2018 | $0.029 | OrdinaryDividend |
Mar 27, 2018 | $0.026 | OrdinaryDividend |
Feb 27, 2018 | $0.024 | OrdinaryDividend |
Jan 30, 2018 | $0.023 | OrdinaryDividend |
Dec 27, 2017 | $0.028 | OrdinaryDividend |
Nov 29, 2017 | $0.024 | OrdinaryDividend |
Oct 26, 2017 | $0.023 | OrdinaryDividend |
Sep 27, 2017 | $0.026 | OrdinaryDividend |
Aug 30, 2017 | $0.025 | OrdinaryDividend |
Jul 28, 2017 | $0.021 | OrdinaryDividend |
Jun 28, 2017 | $0.029 | OrdinaryDividend |
May 30, 2017 | $0.024 | OrdinaryDividend |
Apr 27, 2017 | $0.024 | OrdinaryDividend |
Mar 29, 2017 | $0.027 | OrdinaryDividend |
Feb 27, 2017 | $0.023 | OrdinaryDividend |
Jan 30, 2017 | $0.025 | OrdinaryDividend |
Dec 28, 2016 | $0.030 | OrdinaryDividend |
Nov 29, 2016 | $0.022 | OrdinaryDividend |
Oct 28, 2016 | $0.030 | OrdinaryDividend |
Sep 28, 2016 | $0.026 | OrdinaryDividend |
Aug 30, 2016 | $0.023 | OrdinaryDividend |
Jul 28, 2016 | $0.022 | OrdinaryDividend |
Jun 28, 2016 | $0.031 | OrdinaryDividend |
May 27, 2016 | $0.030 | OrdinaryDividend |
Apr 28, 2016 | $0.021 | OrdinaryDividend |
Mar 29, 2016 | $0.035 | OrdinaryDividend |
Feb 26, 2016 | $0.030 | OrdinaryDividend |
Jan 28, 2016 | $0.009 | OrdinaryDividend |
Dec 29, 2015 | $0.013 | OrdinaryDividend |
Nov 27, 2015 | $0.023 | OrdinaryDividend |
Oct 29, 2015 | $0.020 | OrdinaryDividend |
Sep 28, 2015 | $0.041 | OrdinaryDividend |
Aug 28, 2015 | $0.029 | OrdinaryDividend |
Jul 30, 2015 | $0.024 | OrdinaryDividend |
Jun 26, 2015 | $0.046 | OrdinaryDividend |
May 28, 2015 | $0.031 | OrdinaryDividend |
Apr 29, 2015 | $0.037 | OrdinaryDividend |
Mar 27, 2015 | $0.042 | OrdinaryDividend |
Feb 26, 2015 | $0.024 | OrdinaryDividend |
Jan 29, 2015 | $0.016 | OrdinaryDividend |
Dec 29, 2014 | $0.077 | OrdinaryDividend |
Nov 26, 2014 | $0.034 | OrdinaryDividend |
Oct 30, 2014 | $0.031 | OrdinaryDividend |
Sep 26, 2014 | $0.051 | OrdinaryDividend |
Aug 28, 2014 | $0.049 | OrdinaryDividend |
Jul 30, 2014 | $0.026 | OrdinaryDividend |
Jun 26, 2014 | $0.065 | OrdinaryDividend |
May 29, 2014 | $0.040 | OrdinaryDividend |
Apr 29, 2014 | $0.043 | OrdinaryDividend |
Mar 27, 2014 | $0.045 | OrdinaryDividend |
Feb 27, 2014 | $0.040 | OrdinaryDividend |
Jan 30, 2014 | $0.011 | OrdinaryDividend |
Dec 27, 2013 | $0.072 | OrdinaryDividend |
Nov 27, 2013 | $0.031 | OrdinaryDividend |
Oct 30, 2013 | $0.037 | OrdinaryDividend |
Sep 26, 2013 | $0.055 | OrdinaryDividend |
Aug 29, 2013 | $0.037 | OrdinaryDividend |
Jul 30, 2013 | $0.037 | OrdinaryDividend |
Jun 26, 2013 | $0.048 | OrdinaryDividend |
May 30, 2013 | $0.047 | OrdinaryDividend |
Apr 29, 2013 | $0.052 | OrdinaryDividend |
Mar 26, 2013 | $0.040 | OrdinaryDividend |
Feb 27, 2013 | $0.038 | OrdinaryDividend |
Jan 30, 2013 | $0.039 | OrdinaryDividend |
Dec 27, 2012 | $0.070 | OrdinaryDividend |
Nov 29, 2012 | $0.036 | OrdinaryDividend |
Nov 01, 2012 | $0.033 | OrdinaryDividend |
Sep 27, 2012 | $0.063 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Nov 30, 2018
3.5
3.5%
Derek Pines is a Portfolio Manager and Analyst at Bramshill Investments. Prior to joining Bramshill Investments in 2012, Mr. Pines spent 10 years as a Proprietary Trader and Portfolio Manager specializing in quantitative strategies across a variety of asset classes, the bulk of that time with Assent (Sungard Financial) and most recently Chimera Securities. He also spent a year with Accenture in their Core Trading Services Group. Mr. Pines holds a Masters Graduate Certificate in Algorithmic Trading from Stevens University. Mr. Pines graduated cum laude with a B.S. in finance from Georgetown University.
Start Date
Tenure
Tenure Rank
Nov 30, 2018
3.5
3.5%
Mr. van Lingen is a Senior Managing Director and Portfolio Manager at Bramshill Investments specializing in Mortgage Backed Securities and all Structured Products. He is a member of the firm’s investment committee. Prior to joining Bramshill Investments in 2017, Mr. van Lingen was a Managing Director, Principal, and Portfolio Manager at Rimrock Capital Management, a west coast Hedge Fund. He served as Head of All Structured Products managing approximately 4 billion dollars in capital. Prior to that Mr. van Lingen was a Managing Director at RBS Greenwich Capital where he managed day to day trading activities overseeing several employees as well as worked with private and government agencies to help restore residential securitization markets. He served as Head of Non-Agency MBS Trading managing approximately four billion dollars in capital. Prior to RBS Greenwich, Mr. van Lingen was a Senior Managing Director at Bear Stearns where he oversaw one of the largest trading and issuance platforms overseeing many employees. He served as Head of Agency and Non-Agency ARM Trading managing over twenty billion dollars of capital. Prior to Bear Stearns, Mr. van Lingen served in various roles in managing, consulting, modeling and technology for all aspects of the securitization business at Bankers Trust, Bank of New York, and PriceWaterhouseCoopers. Mr. van Lingen has a B.S. from New York University, Stern School of Business.
Start Date
Tenure
Tenure Rank
Nov 30, 2018
3.5
3.5%
Art DeGaetano is a Principal of Bramshill Investments. Before starting Bramshill in May of 2012, Mr. DeGaetano was a Senior Portfolio Manager at GLG Partners from 2007. Prior to GLG Partners, he traded at RBS Greenwich Capital where he was a Managing Director and Head of Credit Trading for two years. Prior to RBS, he traded for 12 years for Bear Stearns and was a Senior Managing Director and Head Trader on the high yield desk. Mr. DeGaetano has a B.A. from Colgate University. Mr. DeGaetano has been the primary portfolio manager for the Bramshill Income Performance strategy since its inception in April 2016.
Start Date
Tenure
Tenure Rank
Nov 30, 2018
3.5
3.5%
Mr. Hirschfield is a Portfolio Manager at Bramshill Investments focusing on credit and special situations. He is a member of the firm’s investment committee. Before joining Bramshill Investments in 2018, Mr. Hirschfield served over 9 years as Portfolio Manager for Man Group, the world’s largest publicly listed Hedge Fund. He ran the US Credit portfolio for their GLG Market Neutral Fund, a multi-strategy credit fund. Michael also worked alongside Bramshill founder, Art DeGaetano, during their tenures together at GLG Partners, helping to develop the predecessor to the Bramshill Income Performance Strategy in 2009. Prior to GLG Partners, Michael was Head Trader for Cedarview Capital, an event-driven credit hedge fund. Prior to the buy-side, Mr. Hirschfield worked as a sell-side bond trader for FTN Financial on their Investment Grade Corporate Bond desk. Michael became a CFA charter holder in 2007. He received his B.A. in Economics in 2003 from Yale University. Michael co-founded the Bulldogs Care Foundation, a 501c charitable foundation which raises funds to support student-athlete development programs for underprivileged youth in NYC. The foundation honors four Yale Bulldogs who passed away in a tragic car accident in 2003. Michael serves on the board and has helped to raise over $1.1mm its since inception in 2007.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |
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