- ISIN
- US03332V8155
- CUSIP
- 03332V815
- Issuer
- Ancora
- Inception Date
- Jan 5, 2004
- Category
- Intermediate Core-Plus Bond
- Min. Investment
- $5,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AAIIX Performance Chart
Ancora Income Fund (AAIIX) is up 2.0% since the beginning of the year. AAIIX is currently trading at $7 per share. Investors who bought $1,000 worth of AAIIX shares 5 years ago would now be looking at an investment worth $1,101.
Loading charts...
Returns By Period
Ancora Income Fund (AAIIX) has returned 1.96% so far this year and 5.89% over the past 12 months. Over the last ten years, AAIIX has returned 3.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Ancora Income Fund
- 1D
- 0.14%
- 1M
- -0.07%
- YTD
- 1.96%
- 6M
- 1.75%
- 1Y
- 5.89%
- 3Y*
- 6.78%
- 5Y*
- 1.94%
- 10Y*
- 3.06%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AAIIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 8, 2004, AAIIX's average daily return is +0.79%, while the average monthly return is +0.17%. At this rate, an investment would double in approximately 34.0 years.
Historically, 58% of months were positive and 42% were negative. The best month was Dec 2008 with a return of +11.0%, while the worst month was Sep 2008 at -15.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 9 months.
On a daily basis, AAIIX closed higher 43% of trading days. The best single day was Jan 27, 2025 with a return of +4,564.8%, while the worst single day was Jan 29, 2025 at -97.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.76% | 1.18% | -3.32% | 3.51% | -0.62% | -0.42% | 1.96% | ||||||
| 2025 | 0.14% | 0.28% | -2.21% | -1.27% | 0.00% | 1.58% | 1.85% | 1.83% | 0.76% | -0.21% | -0.48% | 0.07% | 2.28% |
| 2024 | 2.31% | 0.85% | 0.85% | -1.55% | 2.30% | 0.42% | 1.13% | 1.82% | 2.62% | -0.14% | 0.82% | -2.43% | 9.23% |
| 2023 | 9.34% | -1.10% | -5.87% | 1.36% | -1.78% | 2.13% | 1.65% | -0.29% | -0.59% | -3.76% | 5.63% | 3.27% | 9.46% |
| 2022 | -2.48% | -2.42% | 0.66% | -3.66% | 1.37% | -4.32% | 4.11% | -2.18% | -4.61% | -2.48% | 4.07% | -2.91% | -14.32% |
| 2021 | 0.00% | 0.39% | 2.21% | 1.66% | 1.13% | 1.12% | 0.25% | 0.62% | 0.00% | 0.99% | -1.86% | 2.40% | 9.21% |
Benchmark Metrics
Ancora Income Fund has an annualized alpha of 681.09%, beta of -0.61, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 08, 2004.
- This fund participated in 41.45% of S&P 500 Index downside but only 26.60% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.61 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 681.09%
- Beta
- -0.61
- R²
- 0.00
- Upside Capture
- 26.60%
- Downside Capture
- 41.45%
Expense Ratio
AAIIX has a high expense ratio of 2.20%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
AAIIX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Ancora Income Fund (AAIIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AAIIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.78 | -1.30 |
| Martin ratioReturn relative to average drawdown | 4.55 | 12.44 | -7.89 |
Dividends
Dividend History
Ancora Income Fund provided a 5.22% dividend yield over the last twelve months, with an annual payout of $0.37 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.29 | $0.33 | $0.33 | $0.30 | $0.36 | $0.44 | $0.31 | $0.32 | $0.47 | $0.52 | $0.57 |
Dividend yield | 5.22% | 4.09% | 4.57% | 4.77% | 4.52% | 4.46% | 5.68% | 3.96% | 4.36% | 5.69% | 6.40% | 6.99% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.04 | $0.04 | $0.00 | $0.04 | $0.04 | $0.00 | $0.14 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.29 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.33 |
| 2023 | $0.03 | $0.03 | $0.06 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.33 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.30 |
| 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 | $0.36 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Ancora Income Fund. 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 Ancora Income Fund was 98.01%, occurring on Apr 11, 2025. The portfolio has not yet recovered.
The current Ancora Income Fund drawdown is 97.79%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -98.01%Apr 2025 | 2mo 13d | — | 1y 4moJan 2025 - now |
Financial crisis2007–2009 | -43.39%Mar 2009 | 4y 11mo | 6y 10mo | 11y 9moApr 2004 - Jan 2016 |
COVID crash2020 | -27.23%Mar 2020 | 23d | 8mo 3d | 8mo 26dFeb 2020 - Nov 2020 |
Bear market2022 | -17.34%Oct 2022 | 10mo 1d | 1y 9mo | 2y 7moDec 2021 - Aug 2024 |
Rate-hike selloffLate 2018 | -6.86%Dec 2018 | 1y 7d | 3mo 6d | 1y 3moDec 2017 - Apr 2019 |
Drawdown Indicators
| AAIIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.01% | -56.78% | -41.23% |
Max Drawdown (1Y)Largest decline over 1 year | -4.19% | -9.10% | +4.91% |
Max Drawdown (3Y)Largest decline over 3 years | -98.01% | -18.90% | -79.11% |
Max Drawdown (5Y)Largest decline over 5 years | -98.01% | -25.43% | -72.58% |
Max Drawdown (10Y)Largest decline over 10 years | -98.01% | -33.92% | -64.09% |
Current DrawdownCurrent decline from peak | -97.79% | -1.80% | -95.99% |
Average DrawdownAverage peak-to-trough decline | -12.52% | -10.71% | -1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 2.03% | -0.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AAIIX
Add Ancora Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AAIIX