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Ancora Dividend Value Equity Fund (ADEIX)

Mutual Fund · Currency in USD · Last updated Jan 28, 2023

The investment seeks to provide growth of income and long-term capital appreciation. Under normal circumstances, at least 80% of the assets of the fund will be invested in dividend paying equity securities with attractive dividend growth potential that are selling at discounted valuations at the time of purchase. It will invest predominantly in equity securities of large companies. The Advisor may select companies not domiciled in the U.S. by investing in ADRs limited to 25% of the fund.

Fund Info

ISINUS03332V6829
CUSIP03332V682
IssuerAncora
Inception DateMay 7, 2019
CategoryLarge Cap Value Equities
Expense Ratio1.21%
Minimum Investment$5,000
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Value

Trading Data

Previous Close$13.56
Year Range$11.91 - $14.90
EMA (50)$13.32
EMA (200)$13.47

ADEIXShare Price Chart


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ADEIXPerformance

The chart shows the growth of $10,000 invested in Ancora Dividend Value Equity Fund in May 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $14,277 for a total return of roughly 42.77%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%SeptemberOctoberNovemberDecember2023
1.89%
-1.17%
ADEIX (Ancora Dividend Value Equity Fund)
Benchmark (^GSPC)

ADEIXCompare to other instruments

Search for stocks, ETFs, and funds to compare with ADEIX

Ancora Dividend Value Equity Fund

ADEIXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD2.42%6.02%
1M2.41%6.30%
6M2.35%-0.05%
1Y-5.01%-6.42%
5Y10.04%9.75%
10Y10.04%9.75%

ADEIXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-2.51%-1.56%0.41%-5.28%1.38%-9.08%6.22%-3.41%-7.68%11.17%4.80%-4.59%
2021-2.49%4.00%5.57%3.58%2.63%-0.59%1.70%1.96%-2.92%6.68%-1.72%6.66%
2020-2.68%-9.35%-12.85%10.83%3.36%0.91%4.24%5.91%-2.47%-2.54%11.49%4.75%
2019-4.12%7.02%2.15%-1.82%2.15%1.62%3.38%2.71%

ADEIXSharpe 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 Dividend Value Equity Fund Sharpe ratio is -0.25. 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.


-0.80-0.60-0.40-0.200.000.20SeptemberOctoberNovemberDecember2023
-0.25
-0.27
ADEIX (Ancora Dividend Value Equity Fund)
Benchmark (^GSPC)

ADEIXDividend History

Ancora Dividend Value Equity Fund granted a 1.39% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.


PeriodTTM2022202120202019
Dividend$0.19$0.19$0.16$0.15$0.09

Dividend yield

1.39%1.42%1.08%1.26%0.82%

ADEIXMonthly Dividends

The table displays the monthly dividend distributions for Ancora Dividend Value Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2022$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.10
2021$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.07
2020$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00$0.00$0.03$0.00$0.06
2019$0.09

ADEIXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-10.69%
-15.14%
ADEIX (Ancora Dividend Value Equity Fund)
Benchmark (^GSPC)

ADEIXWorst Drawdowns

The table below shows the maximum drawdowns of the Ancora Dividend Value Equity 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 Dividend Value Equity Fund is 34.73%, recorded on Mar 23, 2020. It took 161 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.73%Feb 13, 202027Mar 23, 2020161Nov 9, 2020188
-21.55%Jan 5, 2022186Sep 30, 2022
-5.79%Jul 30, 201912Aug 14, 201947Oct 21, 201959
-5.09%Jan 21, 20217Jan 29, 202110Feb 12, 202117
-4.57%Nov 24, 20215Dec 1, 20217Dec 10, 202112
-4.21%Jan 21, 20209Jan 31, 20208Feb 12, 202017
-4.15%Jun 7, 202110Jun 18, 202110Jul 2, 202120
-4.12%May 13, 201914May 31, 20195Jun 7, 201919
-4.04%Jul 13, 20215Jul 19, 20218Jul 29, 202113
-3.97%Aug 30, 202116Sep 21, 202117Oct 14, 202133

ADEIXVolatility Chart

Current Ancora Dividend Value Equity Fund volatility is 14.03%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%SeptemberOctoberNovemberDecember2023
14.03%
16.76%
ADEIX (Ancora Dividend Value Equity Fund)
Benchmark (^GSPC)