Ancora Income Fund (AAIIX)
The fund pursues its income objective by investing primarily in income-producing securities (such as debt securities, preferred stocks, high dividend-bearing common shares, common and preferred shares of closed-end investment companies). It will invest in shares of closed-end funds and convertible securities of large, small and mid-sized companies. The fund will invest only in securities of companies with market capitalizations of more than $500 million, except that the fund may invest in closed-end funds with market capitalizations of less than that amount.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Ancora Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,771 for a total return of roughly 67.71%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Ancora Income Fund had a return of -2.80% year-to-date (YTD) and -11.85% in the last 12 months. Over the past 10 years, Ancora Income Fund had an annualized return of 2.73%, while the S&P 500 had an annualized return of 9.86%, indicating that Ancora Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -10.36% | -3.13% |
| Year-To-Date | -2.80% | 2.92% |
| 6 months | -7.33% | 2.02% |
| 1 year | -11.85% | -11.46% |
| 5 years (annualized) | 1.16% | 7.79% |
| 10 years (annualized) | 2.73% | 9.86% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 9.34% | -1.10% | ||||||||||
| 2022 | -4.19% | -2.48% | 4.07% | -2.91% |
Dividend History
Ancora Income Fund granted a 6.56% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.36 | $0.36 | $0.44 | $0.49 | $0.49 | $0.51 | $0.52 | $0.57 | $0.61 | $0.63 | $0.53 |
Dividend yield | 6.56% | 5.47% | 4.72% | 6.31% | 7.32% | 8.28% | 8.30% | 9.08% | 10.57% | 11.70% | 13.50% | 11.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Ancora Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.03 | $0.03 | ||||||||||
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2016 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2014 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2013 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 2012 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Ancora Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Ancora Income Fund is 35.52%, recorded on Mar 9, 2009. It took 192 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.52% | Feb 22, 2007 | 513 | Mar 9, 2009 | 192 | Dec 9, 2009 | 705 |
| -27.24% | Feb 24, 2020 | 18 | Mar 18, 2020 | 169 | Nov 16, 2020 | 187 |
| -16.02% | Jan 4, 2022 | 203 | Oct 24, 2022 | — | — | — |
| -9.1% | May 13, 2013 | 69 | Aug 19, 2013 | 158 | Apr 4, 2014 | 227 |
| -6.61% | Jul 21, 2005 | 236 | Jun 27, 2006 | 140 | Jan 19, 2007 | 376 |
| -6.34% | Jul 18, 2011 | 16 | Aug 8, 2011 | 96 | Dec 22, 2011 | 112 |
| -5.56% | Sep 8, 2016 | 48 | Nov 14, 2016 | 95 | Apr 3, 2017 | 143 |
| -5.5% | Sep 4, 2018 | 78 | Dec 24, 2018 | 25 | Jan 31, 2019 | 103 |
| -3.82% | Jan 6, 2016 | 26 | Feb 11, 2016 | 18 | Mar 9, 2016 | 44 |
| -3.5% | Apr 27, 2010 | 8 | May 6, 2010 | 36 | Jun 28, 2010 | 44 |
Volatility Chart
Current Ancora Income Fund volatility is 29.62%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.