Access Capital Community Investment Fund (ACCSX)
The fund invests primarily in high quality debt securities and other debt instruments supporting low- and moderate-income (“LMI”) individuals and communities and underserved areas of the United States. It seeks a return consisting of current income and capital appreciation that is competitive relative to the fund's benchmark index. The fund is non-diversified.
Fund Info
| ISIN | US74926P7612 |
|---|---|
| CUSIP | 74926P761 |
| Issuer | RBC Global Asset Management. |
| Inception Date | Jun 22, 1998 |
| Category | Government Bonds |
| Minimum Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
The Access Capital Community Investment Fund has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in Access Capital Community Investment Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
Access Capital Community Investment Fund had a return of -1.19% year-to-date (YTD) and -0.35% in the last 12 months. Over the past 10 years, Access Capital Community Investment Fund had an annualized return of 0.49%, while the S&P 500 had an annualized return of 9.82%, indicating that Access Capital Community Investment Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -0.66% | -1.29% |
| 6 months | -4.07% | 8.79% |
| Year-To-Date | -1.19% | 12.52% |
| 1 year | -0.35% | 16.97% |
| 5 years (annualized) | -0.58% | 8.14% |
| 10 years (annualized) | 0.49% | 9.82% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -2.42% | 1.87% | 0.38% | -0.63% | -0.49% | -0.13% | -0.77% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Access Capital Community Investment Fund (ACCSX) and S&P 500 (^GSPC). 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 | Ulcer Index | |
|---|---|---|---|---|---|
ACCSX Access Capital Community Investment Fund | -0.25 | ||||
^GSPC S&P 500 | 0.81 |
Dividend History
Access Capital Community Investment Fund granted a 3.23% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.19 | $0.20 | $0.21 | $0.25 | $0.22 | $0.24 | $0.28 | $0.29 | $0.33 | $0.33 | $0.40 |
Dividend yield | 3.23% | 2.56% | 2.34% | 2.52% | 3.02% | 2.84% | 3.06% | 3.64% | 3.93% | 4.45% | 4.75% | 5.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Access Capital Community Investment 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | ||||
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.03 | $0.02 | $0.01 | $0.01 | $0.03 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.02 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2015 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2012 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
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 Access Capital Community Investment 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 Access Capital Community Investment Fund is 17.07%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.07% | Aug 5, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -4.33% | Apr 8, 2013 | 106 | Sep 5, 2013 | 164 | May 1, 2014 | 270 |
| -3.73% | Sep 11, 2017 | 295 | Nov 8, 2018 | 82 | Mar 12, 2019 | 377 |
| -3.45% | Sep 9, 2008 | 36 | Oct 28, 2008 | 46 | Jan 5, 2009 | 82 |
| -2.89% | Oct 4, 2016 | 53 | Dec 16, 2016 | 155 | Aug 1, 2017 | 208 |
Volatility Chart
The current Access Capital Community Investment Fund volatility is 1.86%, 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.