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 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
11.3%
1 yr return
15.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$228 M
Holdings in Top 10
18.9%
Expense Ratio 0.98%
Front Load N/A
Deferred Load N/A
Turnover 9.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Investments
We invest mainly in fixed-income investments, including U.S. and foreign (including emerging market) government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments) of any credit quality. We also invest, to a lesser extent, in equity securities (growth or value stocks or both) of U.S. and foreign (including emerging market) companies of any size.
The fund has a strategic, or typical, allocation between equity and fixed income investments. Using qualitative analysis and quantitative models and techniques, we adjust portfolio allocations from time to time within a certain range to try to optimize the fund’s performance consistent with its goal. The strategic allocation and the range of allowable allocation for the fund is shown below:
Class | Strategic Allocation | Range |
Equity | 27% | 5-50% |
Fixed-Income | 73% | 50-95% |
We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments. We may also consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments.
We typically use derivatives to a significant extent, such as futures, options, certain foreign currency transactions, warrants and interest rate and total return swap contracts, for both hedging and non-hedging purposes. We may also use derivatives and debt instruments with terms determined by reference to a particular commodity or to all or portions of a commodities index.
Period | PMIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.3% | -4.7% | 38.6% | 0.60% |
1 Yr | 15.2% | -2.4% | 46.4% | 0.34% |
3 Yr | N/A* | -10.3% | 6.8% | N/A |
5 Yr | N/A* | -6.5% | 1104.9% | N/A |
10 Yr | N/A* | -0.9% | 249.0% | 4.98% |
* Annualized
Period | PMIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.4% | 41.0% | N/A |
2022 | N/A | -39.7% | 0.3% | N/A |
2021 | N/A | -5.6% | 6.9% | N/A |
2020 | N/A | -2.6% | 310.0% | N/A |
2019 | N/A | 0.0% | 26.0% | N/A |
Period | PMIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.3% | -4.7% | 38.6% | 0.60% |
1 Yr | 15.2% | -2.4% | 46.4% | 0.34% |
3 Yr | N/A* | -10.3% | 6.8% | N/A |
5 Yr | N/A* | -6.5% | 1104.9% | N/A |
10 Yr | N/A* | -0.9% | 249.0% | 8.72% |
* Annualized
Period | PMIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.3% | 41.0% | N/A |
2022 | N/A | -39.7% | 1.1% | N/A |
2021 | N/A | -4.8% | 23761504.0% | N/A |
2020 | N/A | -1.5% | 17057.9% | N/A |
2019 | N/A | 0.2% | 3514.6% | N/A |
PMIYX | Category Low | Category High | PMIYX % Rank | |
---|---|---|---|---|
Net Assets | 228 M | 3.22 M | 71.9 B | 68.95% |
Number of Holdings | 1631 | 4 | 13418 | 4.23% |
Net Assets in Top 10 | 43.2 M | -317 M | 3.09 B | 70.11% |
Weighting of Top 10 | 18.92% | 1.8% | 100.3% | 45.09% |
Weighting | Return Low | Return High | PMIYX % Rank | |
---|---|---|---|---|
Bonds | 74.18% | 0.00% | 150.86% | 98.52% |
Stocks | 28.22% | 0.00% | 99.78% | 0.81% |
Other | 6.28% | -3.69% | 53.54% | 0.47% |
Cash | 4.09% | -50.86% | 44.62% | 11.95% |
Preferred Stocks | 0.07% | 0.00% | 0.07% | 0.13% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 69.86% |
Weighting | Return Low | Return High | PMIYX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | N/A |
Technology | 0.00% | 0.00% | 0.00% | N/A |
Real Estate | 0.00% | 0.00% | 0.00% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 0.00% | N/A |
Financial Services | 0.00% | 0.00% | 0.00% | N/A |
Energy | 0.00% | 0.00% | 0.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Weighting | Return Low | Return High | PMIYX % Rank | |
---|---|---|---|---|
US | 23.47% | 0.00% | 99.78% | 0.87% |
Non US | 4.75% | 0.00% | 10.22% | 0.20% |
Weighting | Return Low | Return High | PMIYX % Rank | |
---|---|---|---|---|
Municipal | 97.11% | 44.39% | 100.00% | 65.21% |
Derivative | 6.28% | -3.69% | 53.54% | 0.27% |
Cash & Equivalents | 4.09% | 0.00% | 44.41% | 9.74% |
Securitized | 0.00% | 0.00% | 5.93% | 69.18% |
Corporate | 0.00% | 0.00% | 9.41% | 73.03% |
Government | 0.00% | 0.00% | 52.02% | 71.54% |
Weighting | Return Low | Return High | PMIYX % Rank | |
---|---|---|---|---|
US | 73.87% | 0.00% | 142.23% | 98.52% |
Non US | 0.32% | 0.00% | 23.89% | 4.90% |
PMIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.98% | 0.01% | 8.02% | 30.51% |
Management Fee | 0.47% | 0.00% | 1.20% | 71.61% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
PMIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
PMIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
PMIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 9.00% | 0.00% | 283.00% | 17.13% |
PMIYX | Category Low | Category High | PMIYX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.86% | 0.00% | 14.51% | 18.52% |
PMIYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
PMIYX | Category Low | Category High | PMIYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.26% | -0.53% | 5.33% | 4.96% |
PMIYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 21, 2024 | $0.035 | OrdinaryDividend |
Oct 23, 2024 | $0.034 | OrdinaryDividend |
Sep 23, 2024 | $0.034 | OrdinaryDividend |
Aug 22, 2024 | $0.034 | OrdinaryDividend |
Jul 23, 2024 | $0.034 | OrdinaryDividend |
Apr 23, 2024 | $0.034 | OrdinaryDividend |
Mar 21, 2024 | $0.034 | OrdinaryDividend |
Feb 22, 2024 | $0.034 | OrdinaryDividend |
Jan 23, 2024 | $0.034 | OrdinaryDividend |
Dec 21, 2023 | $0.034 | OrdinaryDividend |
Oct 23, 2023 | $0.034 | OrdinaryDividend |
Sep 21, 2023 | $0.021 | OrdinaryDividend |
Aug 23, 2023 | $0.021 | OrdinaryDividend |
Jul 21, 2023 | $0.021 | OrdinaryDividend |
Jun 22, 2023 | $0.021 | OrdinaryDividend |
May 23, 2023 | $0.021 | OrdinaryDividend |
Apr 21, 2023 | $0.021 | OrdinaryDividend |
Mar 23, 2023 | $0.021 | OrdinaryDividend |
Feb 16, 2023 | $0.003 | OrdinaryDividend |
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