INCOME FUNDS
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in INCOME FUNDS, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -12.30% | -8.99% | -11.89% | 3.84% | 13.06% | 9.34% |
| INCOME FUNDS | -5.31% | -6.96% | -5.20% | 10.88% | N/A | N/A |
| Portfolio components: | ||||||
MAIN Main Street Capital Corporation | -9.17% | -9.18% | 2.64% | 18.14% | 28.70% | 13.69% |
DNP DNP Select Income Fund Inc. | 8.07% | -2.07% | 0.66% | 15.52% | 5.56% | 6.14% |
PCN PIMCO Corporate & Income Strategy Fund | -3.68% | -7.17% | -5.49% | 7.54% | 7.77% | 7.63% |
UTF Cohen & Steers Infrastructure Fund, Inc | 4.35% | -1.02% | -0.56% | 18.75% | 12.11% | 8.98% |
UTG Reaves Utility Income Trust | -0.65% | -4.77% | -2.11% | 28.65% | 9.21% | 8.63% |
PDT John Hancock Premium Dividend Fund | -2.31% | -5.61% | -4.93% | 20.25% | 8.24% | 7.16% |
ARCC Ares Capital Corporation | -7.01% | -8.55% | -4.20% | 5.85% | 23.55% | 11.68% |
CSWC Capital Southwest Corporation | -8.59% | -13.18% | -20.62% | -13.93% | 26.40% | 10.48% |
HTGC Hercules Capital, Inc. | -12.99% | -10.86% | -11.77% | 0.79% | 27.68% | 13.07% |
MCI Barings Corporate Investors | 2.50% | 1.61% | 9.11% | 29.99% | 18.44% | 10.94% |
PSLDX PIMCO StocksPLUS Long Duration Fund Class I | -15.18% | -14.73% | -17.95% | 1.79% | 4.96% | 9.38% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | -13.10% | -8.73% | -9.16% | 4.30% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of INCOME FUNDS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.04% | 0.65% | -1.00% | -8.66% | -5.31% | ||||||||
| 2024 | 2.54% | 2.39% | 2.84% | -0.76% | 3.00% | 1.94% | 3.10% | 0.28% | 4.60% | -1.24% | 3.51% | -1.15% | 22.93% |
| 2023 | 7.15% | -0.37% | -2.08% | 1.16% | -0.98% | 5.15% | 3.60% | -1.83% | -2.23% | -3.09% | 7.88% | 4.42% | 19.50% |
| 2022 | -3.12% | -7.37% | 9.59% | -2.69% | -12.33% | 7.27% | 4.19% | -3.56% | -9.56% |
Expense Ratio
INCOME FUNDS has an expense ratio of 0.57%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, INCOME FUNDS is among the top 16% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 0.94 | 1.35 | 1.20 | 0.94 | 3.91 |
DNP DNP Select Income Fund Inc. | 1.00 | 1.46 | 1.19 | 0.73 | 3.58 |
PCN PIMCO Corporate & Income Strategy Fund | 0.50 | 0.68 | 1.16 | 0.55 | 2.89 |
UTF Cohen & Steers Infrastructure Fund, Inc | 1.31 | 1.75 | 1.25 | 1.80 | 5.19 |
UTG Reaves Utility Income Trust | 1.56 | 1.86 | 1.31 | 2.00 | 7.02 |
PDT John Hancock Premium Dividend Fund | 1.35 | 1.84 | 1.25 | 0.97 | 6.92 |
ARCC Ares Capital Corporation | 0.36 | 0.64 | 1.10 | 0.38 | 1.84 |
CSWC Capital Southwest Corporation | -0.53 | -0.57 | 0.91 | -0.47 | -1.27 |
HTGC Hercules Capital, Inc. | 0.09 | 0.29 | 1.04 | 0.10 | 0.29 |
MCI Barings Corporate Investors | 1.24 | 1.66 | 1.26 | 1.54 | 4.47 |
PSLDX PIMCO StocksPLUS Long Duration Fund Class I | 0.02 | 0.20 | 1.03 | 0.02 | 0.08 |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 0.09 | 0.26 | 1.04 | 0.09 | 0.35 |
Dividends
Dividend yield
INCOME FUNDS provided a 10.07% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 10.07% | 9.18% | 9.06% | 9.14% | 9.34% | 7.81% | 7.71% | 8.52% | 8.71% | 7.98% | 7.66% | 7.98% |
| Portfolio components: | ||||||||||||
MAIN Main Street Capital Corporation | 7.98% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
DNP DNP Select Income Fund Inc. | 8.35% | 8.84% | 9.20% | 6.93% | 7.18% | 7.60% | 6.11% | 7.50% | 7.22% | 7.62% | 8.71% | 7.39% |
PCN PIMCO Corporate & Income Strategy Fund | 10.86% | 10.10% | 10.93% | 12.71% | 7.93% | 7.87% | 7.41% | 9.64% | 7.88% | 12.02% | 10.27% | 11.31% |
UTF Cohen & Steers Infrastructure Fund, Inc | 7.61% | 7.74% | 8.76% | 7.75% | 6.53% | 7.20% | 7.10% | 10.12% | 7.37% | 10.51% | 8.39% | 6.51% |
UTG Reaves Utility Income Trust | 7.37% | 7.19% | 8.53% | 8.07% | 6.35% | 6.59% | 5.69% | 6.86% | 6.54% | 9.42% | 7.24% | 5.48% |
PDT John Hancock Premium Dividend Fund | 8.22% | 7.82% | 10.20% | 9.09% | 6.45% | 8.47% | 6.73% | 8.73% | 9.98% | 9.17% | 7.88% | 7.32% |
ARCC Ares Capital Corporation | 9.65% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
CSWC Capital Southwest Corporation | 13.12% | 11.59% | 10.21% | 12.75% | 10.13% | 11.49% | 13.07% | 5.88% | 7.01% | 2.35% | 0.04% | 0.07% |
HTGC Hercules Capital, Inc. | 9.33% | 7.96% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% |
MCI Barings Corporate Investors | 8.09% | 8.29% | 7.70% | 7.31% | 6.01% | 7.28% | 7.12% | 8.16% | 7.86% | 7.75% | 6.96% | 7.55% |
PSLDX PIMCO StocksPLUS Long Duration Fund Class I | 18.16% | 15.23% | 3.67% | 2.66% | 38.80% | 11.13% | 14.09% | 15.58% | 24.52% | 11.55% | 12.08% | 23.01% |
JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 12.09% | 9.66% | 10.02% | 9.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the INCOME FUNDS. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the INCOME FUNDS was 18.15%, occurring on Oct 12, 2022. Recovery took 187 trading sessions.
The current INCOME FUNDS drawdown is 9.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.15% | Aug 17, 2022 | 40 | Oct 12, 2022 | 187 | Jul 13, 2023 | 227 |
| -16.12% | Feb 21, 2025 | 33 | Apr 8, 2025 | — | — | — |
| -14.37% | May 5, 2022 | 31 | Jun 17, 2022 | 36 | Aug 10, 2022 | 67 |
| -8.74% | Aug 8, 2023 | 58 | Oct 27, 2023 | 23 | Nov 30, 2023 | 81 |
| -6.67% | Aug 1, 2024 | 3 | Aug 5, 2024 | 19 | Aug 30, 2024 | 22 |
Volatility
Volatility Chart
The current INCOME FUNDS volatility is 10.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| MCI | PCN | DNP | JEPQ | UTF | PDT | CSWC | UTG | HTGC | PSLDX | ARCC | MAIN | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCI | 1.00 | 0.13 | 0.10 | 0.14 | 0.15 | 0.13 | 0.17 | 0.12 | 0.20 | 0.13 | 0.15 | 0.14 |
| PCN | 0.13 | 1.00 | 0.33 | 0.34 | 0.40 | 0.45 | 0.34 | 0.38 | 0.33 | 0.46 | 0.36 | 0.35 |
| DNP | 0.10 | 0.33 | 1.00 | 0.28 | 0.51 | 0.44 | 0.31 | 0.55 | 0.31 | 0.40 | 0.34 | 0.36 |
| JEPQ | 0.14 | 0.34 | 0.28 | 1.00 | 0.37 | 0.39 | 0.40 | 0.41 | 0.48 | 0.73 | 0.47 | 0.51 |
| UTF | 0.15 | 0.40 | 0.51 | 0.37 | 1.00 | 0.50 | 0.40 | 0.66 | 0.36 | 0.45 | 0.43 | 0.39 |
| PDT | 0.13 | 0.45 | 0.44 | 0.39 | 0.50 | 1.00 | 0.43 | 0.52 | 0.41 | 0.53 | 0.42 | 0.43 |
| CSWC | 0.17 | 0.34 | 0.31 | 0.40 | 0.40 | 0.43 | 1.00 | 0.38 | 0.62 | 0.41 | 0.64 | 0.64 |
| UTG | 0.12 | 0.38 | 0.55 | 0.41 | 0.66 | 0.52 | 0.38 | 1.00 | 0.38 | 0.54 | 0.43 | 0.42 |
| HTGC | 0.20 | 0.33 | 0.31 | 0.48 | 0.36 | 0.41 | 0.62 | 0.38 | 1.00 | 0.44 | 0.67 | 0.72 |
| PSLDX | 0.13 | 0.46 | 0.40 | 0.73 | 0.45 | 0.53 | 0.41 | 0.54 | 0.44 | 1.00 | 0.47 | 0.47 |
| ARCC | 0.15 | 0.36 | 0.34 | 0.47 | 0.43 | 0.42 | 0.64 | 0.43 | 0.67 | 0.47 | 1.00 | 0.71 |
| MAIN | 0.14 | 0.35 | 0.36 | 0.51 | 0.39 | 0.43 | 0.64 | 0.42 | 0.72 | 0.47 | 0.71 | 1.00 |