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 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
12.6%
1 yr return
26.5%
3 Yr Avg Return
-0.3%
5 Yr Avg Return
5.0%
Net Assets
$35.1 M
Holdings in Top 10
59.1%
Expense Ratio 1.57%
Front Load N/A
Deferred Load N/A
Turnover 64.00%
Redemption Fee N/A
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Type
Open End Mutual Fund
Name
As of 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund utilizes a sector rotation strategy to identify market sectors offering the greatest investment opportunities. A market sector is a segment of the securities market that groups issuers by industry. Examples include consumer discretionary, health care, information technology, consumer staples, commodities, energy, financials, industrials, materials, real estate, communication services and utilities. Using a proprietary quantitative model, Meeder Asset Management, Inc. (the “Adviser”) rotates Fund assets between and among market sectors, outweighing those sectors considered most promising.
Under normal circumstances, the Fund will invest at least 80% of its net assets in common stocks or underlying funds investing in equity securities. The Fund will also typically invest between 10% and 40% of its net assets in international equity securities or underlying funds primarily investing in international equities, including companies that conduct their principal business activities in emerging markets. Under normal circumstances, the fund will also invest at least 5% and up to 20% of its net assets in fixed income securities or underlying funds primarily investing in domestic and foreign fixed income securities of any maturity and of any credit rating (including unrated and high yield fixed income securities, commonly known as “junk bonds”), exchange traded funds (“ETFs”), closed-end funds, unit investment trusts and cash equivalent securities.
The Fund may also invest directly in derivatives, such as options and futures contracts, including domestic or international stock index futures or options and option spreads on index future contracts, or in underlying funds investing in futures contracts and options on futures contracts. These investments may be used, for example, in an effort to earn extra income, to provide adequate liquidity, to adjust exposure to individual securities or markets, to hedge all or a portion of the Fund’s portfolio from a decline in value, or to maintain a fully invested position in equity securities. 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.
Individual U.S. equity securities held in the Fund are intended to target the desired allocation of each respective U.S. sector based on the Advisor’s quantitative models. These sector rotation models utilize a multi-factor approach, including relative price trends within and between sectors, energy prices, interest rates, monetary policy expectations, and market risk, among others.
There are no investment limitations on the market capitalization range or geographic region. Depending on the Adviser’s assessment of market conditions, the Fund may adjust the market capitalization or geographic balance of the portfolio by investing in derivatives, mutual funds or exchange traded funds that provide exposure to the desired market segment.
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 | QNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.6% | 2.7% | 25.0% | 44.96% |
1 Yr | 26.5% | 12.4% | 42.7% | 30.79% |
3 Yr | -0.3%* | -2.3% | 14.8% | 99.17% |
5 Yr | 5.0%* | 1.5% | 19.4% | 98.02% |
10 Yr | N/A* | 1.8% | 12.5% | 71.99% |
* Annualized
Period | QNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -11.3% | 33.3% | 22.68% |
2022 | -16.0% | -41.6% | 2.3% | 63.81% |
2021 | 9.4% | -41.5% | 44.9% | 83.93% |
2020 | -6.1% | -29.0% | 22.1% | 89.86% |
2019 | 17.7% | -8.1% | 31.2% | 76.16% |
Period | QNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.6% | 2.7% | 25.0% | 44.96% |
1 Yr | 26.5% | 12.4% | 42.7% | 30.79% |
3 Yr | -0.3%* | -2.3% | 14.8% | 99.17% |
5 Yr | 5.0%* | 1.5% | 19.4% | 98.02% |
10 Yr | N/A* | 1.8% | 12.5% | 68.98% |
* Annualized
Period | QNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.4% | -3.7% | 36.5% | 37.70% |
2022 | -13.6% | -35.0% | 2.4% | 91.99% |
2021 | 9.4% | 6.2% | 48.3% | 98.89% |
2020 | -5.2% | -22.9% | 23.2% | 94.08% |
2019 | 18.8% | -3.0% | 35.7% | 93.90% |
QNTIX | Category Low | Category High | QNTIX % Rank | |
---|---|---|---|---|
Net Assets | 35.1 M | 991 K | 28 B | 95.10% |
Number of Holdings | 579 | 8 | 2308 | 5.18% |
Net Assets in Top 10 | 21.6 M | 319 K | 5.52 B | 87.19% |
Weighting of Top 10 | 59.15% | 4.6% | 100.3% | 2.45% |
Weighting | Return Low | Return High | QNTIX % Rank | |
---|---|---|---|---|
Stocks | 56.67% | 56.67% | 103.53% | 100.00% |
Cash | 38.75% | 0.00% | 38.75% | 0.82% |
Preferred Stocks | 0.00% | 0.00% | 1.68% | 10.08% |
Convertible Bonds | 0.00% | 0.00% | 0.02% | 96.16% |
Bonds | 0.00% | 0.00% | 25.59% | 95.91% |
Other | -0.10% | -0.10% | 7.30% | 100.00% |
Weighting | Return Low | Return High | QNTIX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 15.52% | 0.00% | 29.62% | 11.51% |
Technology | 14.79% | 0.00% | 30.07% | 7.40% |
Industrials | 14.50% | 0.00% | 29.02% | 58.63% |
Financial Services | 12.05% | 0.00% | 60.11% | 93.15% |
Healthcare | 11.01% | 0.00% | 32.47% | 32.05% |
Real Estate | 6.03% | 0.00% | 40.74% | 71.23% |
Utilities | 5.70% | 0.00% | 24.69% | 54.52% |
Communication Services | 5.54% | 0.00% | 19.80% | 21.64% |
Basic Materials | 5.17% | 0.00% | 23.88% | 57.26% |
Consumer Defense | 4.87% | 0.00% | 33.79% | 66.58% |
Energy | 4.83% | 0.00% | 29.17% | 81.37% |
Weighting | Return Low | Return High | QNTIX % Rank | |
---|---|---|---|---|
US | 56.67% | 56.67% | 103.53% | 100.00% |
Non US | 0.00% | 0.00% | 33.85% | 97.55% |
QNTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.57% | 0.06% | 16.92% | 16.39% |
Management Fee | 0.75% | 0.00% | 1.20% | 75.48% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.40% | 50.51% |
QNTIX 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% | 4.00% | N/A |
QNTIX 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.
QNTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 227.00% | 74.33% |
QNTIX | Category Low | Category High | QNTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.37% | 0.00% | 22.79% | 53.55% |
QNTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
QNTIX | Category Low | Category High | QNTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.20% | -1.84% | 4.73% | 84.62% |
QNTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.140 | OrdinaryDividend |
Mar 28, 2024 | $0.120 | OrdinaryDividend |
Dec 28, 2023 | $0.191 | OrdinaryDividend |
Sep 29, 2023 | $0.130 | OrdinaryDividend |
Jun 30, 2023 | $0.130 | OrdinaryDividend |
Mar 31, 2023 | $0.050 | OrdinaryDividend |
Dec 29, 2022 | $0.091 | OrdinaryDividend |
Sep 30, 2022 | $0.797 | OrdinaryDividend |
Sep 30, 2020 | $0.110 | OrdinaryDividend |
Jun 30, 2020 | $0.150 | OrdinaryDividend |
Dec 30, 2019 | $0.146 | OrdinaryDividend |
Sep 30, 2019 | $0.140 | OrdinaryDividend |
Jun 28, 2019 | $0.050 | OrdinaryDividend |
Dec 28, 2018 | $0.010 | OrdinaryDividend |
Dec 29, 2017 | $0.148 | OrdinaryDividend |
Dec 11, 2017 | $0.795 | CapitalGainShortTerm |
Dec 11, 2017 | $0.217 | CapitalGainLongTerm |
Jun 30, 2017 | $0.020 | OrdinaryDividend |
Mar 31, 2017 | $0.030 | OrdinaryDividend |
Dec 30, 2016 | $0.041 | OrdinaryDividend |
Dec 15, 2016 | $0.338 | CapitalGainShortTerm |
Dec 15, 2016 | $0.146 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Aug 31, 1988
33.77
33.8%
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
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.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.59 | 8.2 | 10.92 |
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