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
XACVX | Fund
$22.94
$240 M
0.00%
2.55%
YTD Return
7.4%
1 yr return
18.7%
3 Yr Avg Return
-16.0%
5 Yr Avg Return
-0.4%
Net Assets
$240 M
Holdings in Top 10
24.4%
Expense Ratio 2.55%
Front Load N/A
Deferred Load N/A
Turnover 108.00%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Closed-end mutual fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XACVX | Fund
$22.94
$240 M
0.00%
2.55%
Period | XACVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | 4.7% | 22.2% | 86.27% |
1 Yr | 18.7% | 10.0% | 33.2% | 25.25% |
3 Yr | -16.0%* | -16.0% | 5.0% | 100.00% |
5 Yr | -0.4%* | -0.4% | 8.3% | 99.73% |
10 Yr | N/A* | 1.3% | 7.6% | N/A |
* Annualized
Period | XACVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -1.0% | 27.4% | 33.82% |
2022 | -35.0% | -35.0% | -7.4% | 100.00% |
2021 | -11.5% | -11.5% | 14.6% | 100.00% |
2020 | 40.7% | -10.3% | 40.7% | 0.27% |
2019 | 22.1% | -9.5% | 22.1% | 0.28% |
Period | XACVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.4% | 4.7% | 22.2% | 86.27% |
1 Yr | 18.7% | 10.0% | 33.2% | 25.25% |
3 Yr | -16.0%* | -16.0% | 5.0% | 100.00% |
5 Yr | -0.4%* | -0.4% | 8.3% | 99.73% |
10 Yr | N/A* | 1.3% | 7.6% | N/A |
* Annualized
Period | XACVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | 2.6% | 28.2% | 87.75% |
2022 | -35.0% | -35.0% | -3.1% | 100.00% |
2021 | -11.5% | -11.5% | 32.0% | 100.00% |
2020 | 40.7% | -5.4% | 40.7% | 0.27% |
2019 | 27.7% | 4.5% | 27.7% | 0.28% |
XACVX | Category Low | Category High | XACVX % Rank | |
---|---|---|---|---|
Net Assets | 240 M | 291 K | 50.8 B | 76.28% |
Number of Holdings | 364 | 2 | 4065 | 26.16% |
Net Assets in Top 10 | 58.4 M | 284 K | 10.3 B | 86.55% |
Weighting of Top 10 | 24.36% | 9.7% | 111.4% | 81.42% |
Weighting | Return Low | Return High | XACVX % Rank | |
---|---|---|---|---|
Convertible Bonds | 71.77% | 0.00% | 71.77% | 0.25% |
Stocks | 35.59% | 0.00% | 100.08% | 79.95% |
Bonds | 20.33% | 0.00% | 79.72% | 31.78% |
Preferred Stocks | 7.39% | 0.00% | 21.95% | 1.47% |
Other | 0.60% | -0.45% | 61.72% | 13.69% |
Cash | -35.68% | -35.68% | 25.19% | 100.00% |
Weighting | Return Low | Return High | XACVX % Rank | |
---|---|---|---|---|
Technology | 26.21% | 0.22% | 27.92% | 1.74% |
Consumer Cyclical | 14.20% | 0.00% | 14.20% | 0.25% |
Healthcare | 13.75% | 0.00% | 24.25% | 31.34% |
Financial Services | 11.27% | 0.00% | 83.50% | 91.54% |
Utilities | 9.51% | 0.00% | 48.33% | 4.73% |
Communication Services | 6.38% | 0.00% | 11.11% | 55.22% |
Energy | 6.25% | 0.00% | 62.93% | 27.86% |
Industrials | 5.39% | 0.14% | 17.90% | 94.03% |
Basic Materials | 3.29% | 0.00% | 32.82% | 83.83% |
Consumer Defense | 2.35% | 0.00% | 18.62% | 96.77% |
Real Estate | 1.38% | 0.00% | 43.16% | 96.27% |
Weighting | Return Low | Return High | XACVX % Rank | |
---|---|---|---|---|
US | 35.59% | 0.00% | 100.08% | 77.26% |
Non US | 0.00% | 0.00% | 23.24% | 64.79% |
Weighting | Return Low | Return High | XACVX % Rank | |
---|---|---|---|---|
Corporate | 91.89% | 0.00% | 96.66% | 1.23% |
Cash & Equivalents | 8.11% | 0.00% | 25.19% | 9.29% |
Derivative | 0.00% | -0.45% | 61.72% | 53.06% |
Securitized | 0.00% | 0.00% | 52.08% | 94.81% |
Municipal | 0.00% | 0.00% | 99.85% | 87.90% |
Government | 0.00% | 0.00% | 63.33% | 97.04% |
Weighting | Return Low | Return High | XACVX % Rank | |
---|---|---|---|---|
US | 19.31% | 0.00% | 79.72% | 31.78% |
Non US | 1.02% | 0.00% | 7.66% | 10.27% |
XACVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.55% | 0.06% | 21.26% | 3.42% |
Management Fee | 1.00% | 0.00% | 1.25% | 98.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
XACVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
XACVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
XACVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 108.00% | 2.00% | 380.00% | 91.71% |
XACVX | Category Low | Category High | XACVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.99% | 99.02% |
XACVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
XACVX | Category Low | Category High | XACVX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.48% | -1.22% | 6.83% | 99.75% |
XACVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Date | Amount | Type |
---|---|---|
Jun 12, 2019 | $0.167 | OrdinaryDividend |
May 10, 2019 | $0.167 | OrdinaryDividend |
Apr 10, 2019 | $0.167 | OrdinaryDividend |
Mar 08, 2019 | $0.167 | OrdinaryDividend |
Feb 08, 2019 | $0.167 | OrdinaryDividend |
Jan 11, 2019 | $0.167 | OrdinaryDividend |
Dec 12, 2018 | $0.167 | OrdinaryDividend |
Nov 09, 2018 | $0.167 | OrdinaryDividend |
Oct 10, 2018 | $0.167 | OrdinaryDividend |
Sep 13, 2018 | $0.167 | OrdinaryDividend |
Aug 10, 2018 | $0.167 | OrdinaryDividend |
Jul 11, 2018 | $0.167 | OrdinaryDividend |
Jun 08, 2018 | $0.167 | OrdinaryDividend |
May 10, 2018 | $0.167 | OrdinaryDividend |
Apr 11, 2018 | $0.167 | OrdinaryDividend |
Mar 09, 2018 | $0.167 | OrdinaryDividend |
Feb 09, 2018 | $0.167 | OrdinaryDividend |
Jan 11, 2018 | $0.167 | OrdinaryDividend |
Dec 08, 2017 | $0.167 | OrdinaryDividend |
Nov 10, 2017 | $0.167 | OrdinaryDividend |
Oct 11, 2017 | $0.167 | OrdinaryDividend |
Sep 08, 2017 | $0.167 | OrdinaryDividend |
Aug 09, 2017 | $0.167 | OrdinaryDividend |
Jul 11, 2017 | $0.167 | OrdinaryDividend |
Jun 08, 2017 | $0.167 | OrdinaryDividend |
May 09, 2017 | $0.167 | OrdinaryDividend |
Apr 11, 2017 | $0.167 | OrdinaryDividend |
Mar 09, 2017 | $0.167 | OrdinaryDividend |
Feb 09, 2017 | $0.167 | OrdinaryDividend |
Jan 11, 2017 | $0.167 | OrdinaryDividend |
Dec 08, 2016 | $0.167 | OrdinaryDividend |
Nov 08, 2016 | $0.167 | OrdinaryDividend |
Oct 11, 2016 | $0.167 | OrdinaryDividend |
Sep 08, 2016 | $0.167 | OrdinaryDividend |
Aug 09, 2016 | $0.167 | OrdinaryDividend |
Jul 07, 2016 | $0.167 | OrdinaryDividend |
Jun 09, 2016 | $0.167 | OrdinaryDividend |
May 10, 2016 | $0.167 | OrdinaryDividend |
Apr 07, 2016 | $0.167 | OrdinaryDividend |
Mar 09, 2016 | $0.167 | OrdinaryDividend |
Feb 10, 2016 | $0.167 | OrdinaryDividend |
Jan 12, 2016 | $0.167 | OrdinaryDividend |
Dec 09, 2015 | $0.167 | OrdinaryDividend |
Nov 09, 2015 | $0.167 | OrdinaryDividend |
Oct 08, 2015 | $0.167 | OrdinaryDividend |
Sep 09, 2015 | $0.167 | OrdinaryDividend |
Aug 11, 2015 | $0.167 | OrdinaryDividend |
Jul 16, 2015 | $0.167 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
May 26, 2015
7.02
7.0%
Mr. Forsyth is a portfolio manager, a managing director and CIO US Income and Growth Strategies with Allianz Global Investors, which he joined in 1994. He is the head of the firm’s Income and Growth Strategies team. Mr. Forsyth has portfolio management, trading and research responsibilities, and oversees all aspects of the Income and Growth platform’s business, including product development and implementation. He has been the lead portfolio manager for the firm’s US High Yield Bond strategy since its inception in 1994 and assumed lead portfolio management responsibility for the firm’s US Convertible strategy in 1998. Mr. Forsyth has been managing CLO portfolios since 2006 and has been the lead portfolio manager on the Income and Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients worldwide, Mr. Forsyth supervises multiple open-end and closed-end mutual funds and provides oversight for the US Short Duration High Income strategy. He was previously an analyst at AEGON USA. He has a B.B.A. from The University of Iowa. Mr. Forsyth is a CFA charterholder.
Start Date
Tenure
Tenure Rank
May 26, 2015
7.02
7.0%
Mr. Stickney is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 1999. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He has been a portfolio manager for the firm’s US High Yield Bond strategy since he joined the firm in 1999. Mr. Stickney has been the lead portfolio manager for leveraged loan strategies including CLO portfolios since 2006. In addition to management responsibility for institutional clients, Mr. Stickney is responsible for managing multiple closed-end and open-end mutual funds. He was previously a vice president of institutional fixed-income sales with ABN AMRO, Inc., where his primary focus was on high yield corporate securities; before that, he worked for Cowen & Company and Wayne Hummer & Company. Mr. Stickney has a B.S. in finance from Miami University, Ohio, and an M.B.A. from the Kellogg School of Management, Northwestern University.
Start Date
Tenure
Tenure Rank
May 26, 2015
7.02
7.0%
Mr. Kass is a portfolio manager, a managing director, CIO and co-head US Income and Growth Strategies with Allianz Global Investors, which he joined in 2000. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. In 2003, Mr. Kass was promoted to portfolio management and began handling day-to-day portfolio manager responsibilities for the firm’s US Convertible strategy in 2005. He is also a lead portfolio manager for the firm’s Income & Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients, Mr. Kass is responsible for managing multiple closed-end and open-end mutual funds. Previous to joining the firm, Mr. Kass interned on the Income and Growth Strategies team, adding significant depth to its proprietary Upgrade Alert Model. He has 24 years of investment industry experience. Mr. Kass has a B.S. from the University of California, Davis, and an M.B.A. from the UCLA Anderson School of Management. He is a CFA charterholder.
Start Date
Tenure
Tenure Rank
May 26, 2015
7.02
7.0%
Mr. Yee is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 1995. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He is also a lead portfolio manager for the firm’s Income and Growth strategy since its inception in 2007. Mr. Yee is responsible for managing multiple closed-end and open-end mutual funds. He was previously an analyst for the Global and Systematic team with responsibilities focused on US large cap equity strategies. In addition, he also worked in global portfolio administration and in client service. Mr. Yee was previously a financial consultant for Priority One Financial/Liberty Foundation. He has a B.S. from the University of California, San Diego, and an M.B.A. from San Diego State University.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 28.73 | 6.38 | 2.41 |
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...