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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.7%
1 yr return
7.2%
3 Yr Avg Return
1.1%
5 Yr Avg Return
1.6%
Net Assets
$56.4 M
Holdings in Top 10
61.5%
Expense Ratio 1.66%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$2,000
IRA
$100
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund, a diversified investment company, invests primarily in equity securities (i.e., common stocks, preferred stocks and securities convertible into common stocks) of small, medium and large capitalization companies, which include U.S. issuers and foreign issuers, including those whose securities are traded in foreign jurisdictions, as well as those whose securities are traded in the U.S. as American Depositary Receipts (ADRs).
Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies that derive a significant portion of their revenues from a group of vice industries that includes the alcoholic beverages, defense/aerospace, gaming, and tobacco industries. The Fund concentrates at least 25% of its net assets in this group of four vice industries (but no more than 80% of its net assets in any single industry). Vice industries are those industries whose focus, in the Advisers assessment, may be morally questioned by members of the general public or face funding or regulatory challenges because of social disapproval. In addition, under normal market conditions, the Fund invests in at least three countries (one of which may be the United States) and invests at least 40% of its total assets at the time of purchase in non-U.S. companies.
The Fund also participates in the short selling of securities and certain options strategies in an attempt to generate incremental returns. Use of these strategies may vary depending upon market and other conditions and may be limited by regulatory and other constraints.
For cash management purposes or due to a lack of suitable investment opportunities, the Fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities. These short-term debt securities and money market instruments include commercial paper, certificates of deposit, bankers acceptances, shares of money market mutual funds, U.S. government securities and repurchase agreements.
Period | VICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -35.6% | 29.2% | 6.60% |
1 Yr | 7.2% | 17.3% | 252.4% | 72.73% |
3 Yr | 1.1%* | -3.5% | 34.6% | 98.54% |
5 Yr | 1.6%* | 0.1% | 32.7% | 91.41% |
10 Yr | 3.8%* | -6.9% | 18.3% | 42.30% |
* Annualized
Period | VICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -11.6% | -24.3% | 957.1% | 91.49% |
2022 | -4.3% | -38.3% | 47.1% | 53.98% |
2021 | -14.8% | -54.2% | 0.6% | 85.33% |
2020 | -4.4% | -76.0% | 54.1% | 31.04% |
2019 | 20.5% | -26.1% | 47.8% | 98.72% |
Period | VICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -35.6% | 29.2% | 6.71% |
1 Yr | 7.2% | 11.4% | 252.4% | 68.86% |
3 Yr | 1.1%* | -3.5% | 34.6% | 98.30% |
5 Yr | 1.6%* | 0.1% | 32.7% | 90.34% |
10 Yr | 3.8%* | -6.9% | 18.3% | 41.00% |
* Annualized
Period | VICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.9% | -24.3% | 957.1% | 91.49% |
2022 | 3.5% | -33.1% | 47.1% | 54.36% |
2021 | -1.1% | -44.4% | 1.8% | 89.77% |
2020 | -0.7% | -6.5% | 54.1% | 51.54% |
2019 | 26.6% | -14.4% | 47.8% | 99.04% |
VICVX | Category Low | Category High | VICVX % Rank | |
---|---|---|---|---|
Net Assets | 56.4 M | 199 K | 133 B | 71.38% |
Number of Holdings | 29 | 1 | 9075 | 87.78% |
Net Assets in Top 10 | 34.4 M | -18 M | 37.6 B | 64.87% |
Weighting of Top 10 | 61.46% | 9.1% | 100.0% | 6.64% |
Weighting | Return Low | Return High | VICVX % Rank | |
---|---|---|---|---|
Stocks | 93.70% | 61.84% | 125.47% | 92.84% |
Cash | 6.30% | -174.70% | 23.12% | 5.73% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 75.99% |
Other | 0.00% | -13.98% | 19.14% | 25.11% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 73.57% |
Bonds | 0.00% | -1.50% | 161.67% | 74.23% |
Weighting | Return Low | Return High | VICVX % Rank | |
---|---|---|---|---|
Consumer Defense | 51.53% | 0.00% | 73.28% | 0.99% |
Consumer Cyclical | 24.34% | 0.00% | 40.94% | 0.44% |
Industrials | 21.47% | 0.00% | 44.06% | 14.87% |
Real Estate | 1.69% | 0.00% | 39.48% | 53.19% |
Healthcare | 0.97% | 0.00% | 35.42% | 98.24% |
Utilities | 0.00% | 0.00% | 29.12% | 68.17% |
Technology | 0.00% | 0.00% | 49.87% | 98.57% |
Financial Services | 0.00% | 0.00% | 38.42% | 96.26% |
Energy | 0.00% | 0.00% | 21.15% | 63.11% |
Communication Services | 0.00% | 0.00% | 57.66% | 97.91% |
Basic Materials | 0.00% | 0.00% | 38.60% | 85.79% |
Weighting | Return Low | Return High | VICVX % Rank | |
---|---|---|---|---|
US | 61.03% | 0.13% | 103.82% | 94.93% |
Non US | 32.67% | 0.58% | 99.46% | 8.48% |
VICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.66% | 0.01% | 44.27% | 29.99% |
Management Fee | 0.95% | 0.00% | 1.82% | 93.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
VICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
VICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 100.00% |
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.
VICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 395.00% | 11.93% |
VICVX | Category Low | Category High | VICVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.72% | 0.00% | 3.26% | 72.98% |
VICVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annually | Annually |
VICVX | Category Low | Category High | VICVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.40% | -4.27% | 12.65% | 28.86% |
VICVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 07, 2023 | $0.377 | OrdinaryDividend |
Dec 07, 2023 | $1.859 | CapitalGainLongTerm |
Dec 08, 2022 | $2.002 | OrdinaryDividend |
Dec 09, 2021 | $3.934 | CapitalGainLongTerm |
Dec 29, 2020 | $1.155 | CapitalGainLongTerm |
Dec 19, 2019 | $0.254 | OrdinaryDividend |
Dec 19, 2019 | $1.129 | CapitalGainLongTerm |
Jun 20, 2019 | $0.140 | OrdinaryDividend |
Dec 20, 2018 | $0.085 | CapitalGainLongTerm |
Jun 29, 2018 | $0.214 | OrdinaryDividend |
Dec 20, 2017 | $0.167 | OrdinaryDividend |
Dec 20, 2017 | $0.292 | CapitalGainShortTerm |
Dec 20, 2017 | $0.418 | CapitalGainLongTerm |
Jun 30, 2017 | $0.201 | OrdinaryDividend |
Dec 21, 2016 | $0.144 | OrdinaryDividend |
Dec 21, 2016 | $0.802 | CapitalGainShortTerm |
Dec 21, 2016 | $4.285 | CapitalGainLongTerm |
Jun 30, 2016 | $0.405 | OrdinaryDividend |
Jun 30, 2015 | $0.397 | OrdinaryDividend |
Dec 23, 2014 | $0.095 | OrdinaryDividend |
Jun 27, 2014 | $0.115 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Sep 04, 2020
1.74
1.7%
Mr. Paul Strehle serves as a portfolio manager at USA Mutuals Advisors, Inc. Previously, Mr. Strehle was a portfolio manager at Fort Point Capital Partners from 2015 to 2020. Previously, Mr. Strehle was a Principal at the Carlyle Group on the quantitative market strategies team. In addition, Mr. Strehle has also been an options trader and portfolio manager at Goldman Sachs and the Hermitage Group. He was also Global Head of Solutions at RTS Realtime Systems (a Bloomberg company) and served on the firm's management board. Mr. Strehle graduated from Lawrence University.
Start Date
Tenure
Tenure Rank
Sep 04, 2020
1.74
1.7%
Mr. Ben Warwick serves as a portfolio manager at USA Mutuals Advisors, Inc. Mr. Warwick also currently serves as a private wealth advisor for Aveo Capital Partners, LLC, Quantitative Equity Strategies (QES) and Sovereign Private Equity Management. Mr. Warwick founded QES, a quantitative investment management firm that developed indices for the mutual fund industry, in 1999. In addition, Mr. Warwick has served as Chief Investment Officer for Fort Point Capital Partners. Mr. Warwick obtained his bachelor’s degree from the University of Florida and his MBA from the University of North Carolina at Chapel Hill.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
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