Ancora Income Fund (AAIIX)

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The chart shows the growth of an initial investment of $10,000 in Ancora Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Ancora Income Fund (AAIIX) has returned -0.31% so far this year and 3.83% over the past 12 months. Over the last ten years, AAIIX has returned 3.19% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 8, 2004, AAIIX's average daily return is +0.96%, while the average monthly return is +0.16%. At this rate, your investment would double in approximately 36.1 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%.

Ancora Income Fund has an annualized alpha of 1073.05%, beta of -0.54, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 09, 2004.

• This fund participated in 41.04% of S&P 500 Index downside but only 26.90% of its upside — more exposed to losses than it benefited from rallies.
• Beta of -0.54 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.

AAIIX has a high expense ratio of 2.20%, indicating above-average management fees.

AAIIX ranks 19 for risk / return — in the bottom 19% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Ancora Income Fund (AAIIX) and compare them to a chosen benchmark (S&P 500 Index).

Ancora Income Fund provided a 5.14% dividend yield over the last twelve months, with an annual payout of $0.36 per share.

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.

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.

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 97.84%.

The chart below shows the rolling one-month volatility.