Ancora Dividend Value Equity Fund (ADEIX)
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
| ISIN | US03332V6829 |
|---|---|
| CUSIP | 03332V682 |
| Issuer | Ancora |
| Inception Date | May 7, 2019 |
| Category | Large Cap Value Equities |
| Minimum Investment | $5,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The Ancora Dividend Value Equity Fund has a high expense ratio of 1.21%, 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 Ancora Dividend Value Equity 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
Ancora Dividend Value Equity Fund had a return of 8.51% year-to-date (YTD) and 3.90% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.51% | 19.67% |
| 1 month | 7.05% | 8.42% |
| 6 months | 6.49% | 7.29% |
| 1 year | 3.90% | 12.71% |
| 5 years (annualized) | N/A | 10.75% |
| 10 years (annualized) | N/A | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -1.50% | 5.79% | 3.68% | -2.57% | -3.29% | -1.85% | 6.79% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Ancora Dividend Value Equity Fund (ADEIX) 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 | |
|---|---|---|---|---|---|
ADEIX Ancora Dividend Value Equity Fund | 0.29 | ||||
^GSPC S&P 500 | 0.91 |
Dividend History
Ancora Dividend Value Equity Fund granted a 1.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.19 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.16 | $0.15 | $0.09 |
Dividend yield | 1.32% | 1.42% | 1.06% | 1.23% | 0.79% |
Monthly 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | |
| 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 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Ancora Dividend Value Equity 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 Dividend Value Equity Fund was 34.73%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.73% | Feb 13, 2020 | 27 | Mar 23, 2020 | 161 | Nov 9, 2020 | 188 |
| -21.55% | Jan 5, 2022 | 186 | Sep 30, 2022 | — | — | — |
| -5.79% | Jul 30, 2019 | 12 | Aug 14, 2019 | 20 | Sep 12, 2019 | 32 |
| -5.09% | Jan 21, 2021 | 7 | Jan 29, 2021 | 10 | Feb 12, 2021 | 17 |
| -4.57% | Nov 24, 2021 | 5 | Dec 1, 2021 | 7 | Dec 10, 2021 | 12 |
Volatility Chart
The current Ancora Dividend Value Equity Fund volatility is 2.67%, 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.