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Ancora Income Fund (AAIIX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.


-5.00%0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
-4.79%
7.42%
AAIIX (Ancora Income Fund)
Benchmark (^GSPC)

S&P 500

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Ancora Income Fund

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.


PeriodReturnBenchmark
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


JanFebMarAprMayJunJulAugSepOctNovDec
20239.34%-1.10%
2022-4.19%-2.48%4.07%-2.91%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Ancora Income Fund Sharpe ratio is -1.07. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.500.00NovemberDecember2023FebruaryMarch
-1.07
-0.45
AAIIX (Ancora Income Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-16.00%
-17.62%
AAIIX (Ancora Income Fund)
Benchmark (^GSPC)

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, 2007513Mar 9, 2009192Dec 9, 2009705
-27.24%Feb 24, 202018Mar 18, 2020169Nov 16, 2020187
-16.02%Jan 4, 2022203Oct 24, 2022
-9.1%May 13, 201369Aug 19, 2013158Apr 4, 2014227
-6.61%Jul 21, 2005236Jun 27, 2006140Jan 19, 2007376
-6.34%Jul 18, 201116Aug 8, 201196Dec 22, 2011112
-5.56%Sep 8, 201648Nov 14, 201695Apr 3, 2017143
-5.5%Sep 4, 201878Dec 24, 201825Jan 31, 2019103
-3.82%Jan 6, 201626Feb 11, 201618Mar 9, 201644
-3.5%Apr 27, 20108May 6, 201036Jun 28, 201044

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
29.62%
20.82%
AAIIX (Ancora Income Fund)
Benchmark (^GSPC)