AmericaFirst Income Fund (AFPIX)
The investment seeks a high rate of current income with less volatility than common stocks as measured by the standard deviation; it seeks total return as a secondary investment objective. The fund invests in a portfolio of high income securities that may include stocks, preferred stocks, master limited partnerships, convertible preferred stock, convertible bonds, real estate investment trusts, and bonds selected by applying a rules-based model.
Fund Info
| ISIN | US02365Y6059 |
|---|---|
| CUSIP | 02365Y605 |
| Issuer | AmericaFirst Funds |
| Inception Date | Jun 30, 2010 |
| Category | Diversified Portfolio |
| Min. Investment | $1,000,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
AFPIX has a high expense ratio of 1.91%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AmericaFirst 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.
Returns By Period
AmericaFirst Income Fund had a return of 11.96% year-to-date (YTD) and 25.02% in the last 12 months. Over the past 10 years, AmericaFirst Income Fund had an annualized return of 2.15%, while the S&P 500 had an annualized return of 11.27%, indicating that AmericaFirst Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.96% | 19.68% |
| 1 month | 1.38% | 1.07% |
| 6 months | 9.26% | 9.66% |
| 1 year | 25.02% | 33.12% |
| 5 years (annualized) | 4.39% | 14.47% |
| 10 years (annualized) | 2.15% | 11.27% |
Monthly Returns
The table below presents the monthly returns of AFPIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.09% | 0.18% | 4.26% | -4.18% | 4.98% | 1.02% | 3.53% | 1.60% | 1.58% | 11.96% | |||
| 2023 | 5.83% | -3.49% | 1.59% | 0.38% | -6.63% | 4.73% | 3.72% | -4.07% | -4.28% | -2.93% | 6.48% | 6.35% | 6.61% |
| 2022 | 0.49% | -0.69% | 1.00% | -3.29% | 2.47% | -7.75% | 4.00% | -2.82% | -7.93% | 6.29% | 4.98% | -4.43% | -8.56% |
| 2021 | -0.41% | 6.29% | 7.57% | 2.62% | 1.60% | -0.19% | 0.46% | 0.62% | -4.25% | -0.54% | -1.42% | 4.55% | 17.56% |
| 2020 | 0.60% | -9.24% | -13.39% | 8.15% | -3.84% | 1.38% | 1.94% | 0.95% | -4.15% | -0.85% | 12.30% | 2.41% | -6.23% |
| 2019 | 7.23% | -0.18% | 1.96% | -0.47% | -2.91% | 0.13% | 0.29% | -0.02% | 1.09% | 0.45% | 1.41% | 0.13% | 9.17% |
| 2018 | -0.69% | -6.61% | 0.99% | 1.85% | 2.25% | 0.82% | 2.21% | -1.94% | 0.68% | -5.77% | 0.57% | -6.46% | -12.03% |
| 2017 | 0.53% | 3.67% | 0.25% | 1.44% | 0.63% | -0.28% | 0.51% | -1.21% | 0.38% | 1.20% | 1.59% | 0.64% | 9.68% |
| 2016 | -4.05% | -3.69% | 5.18% | 0.14% | -2.42% | -0.15% | 4.10% | 1.69% | -0.44% | -0.88% | 4.30% | 2.20% | 5.62% |
| 2015 | 0.72% | 2.24% | -0.33% | -1.16% | 0.25% | -1.90% | 0.75% | -2.92% | -1.75% | 4.02% | -2.12% | -3.98% | -6.29% |
| 2014 | -1.48% | 1.50% | -0.01% | 0.53% | 0.96% | 0.85% | -2.08% | 2.98% | -3.70% | 1.35% | -0.58% | -2.41% | -2.26% |
| 2013 | 3.24% | 2.61% | 1.70% | 1.37% | -0.12% | -1.70% | 1.94% | -2.05% | 1.74% | 2.92% | 1.48% | -0.12% | 13.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AFPIX is 39, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AmericaFirst Income Fund (AFPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AmericaFirst Income Fund granted a 9.23% dividend yield in the last twelve months. The annual payout for that period amounted to $0.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.46 | $0.46 | $0.46 | $0.46 | $0.46 | $0.46 | $0.46 | $0.47 | $0.61 | $0.71 | $0.70 |
Dividend yield | 9.23% | 9.62% | 9.31% | 7.81% | 8.50% | 7.30% | 7.41% | 6.12% | 6.40% | 8.26% | 8.30% | 7.48% |
Monthly Dividends
The table displays the monthly dividend distributions for AmericaFirst Income 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.35 | ||
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 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 | $0.61 |
| 2014 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.71 |
| 2013 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.70 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the AmericaFirst 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 AmericaFirst Income Fund was 32.73%, occurring on Mar 18, 2020. Recovery took 248 trading sessions.
The current AmericaFirst Income Fund drawdown is 0.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.73% | Jan 24, 2018 | 541 | Mar 18, 2020 | 248 | Mar 12, 2021 | 789 |
| -19.37% | Sep 30, 2010 | 255 | Oct 3, 2011 | 341 | Feb 13, 2013 | 596 |
| -19.31% | Sep 2, 2014 | 365 | Feb 11, 2016 | 328 | Jun 1, 2017 | 693 |
| -17.5% | May 11, 2021 | 622 | Oct 27, 2023 | 174 | Jul 10, 2024 | 796 |
| -8.27% | May 21, 2013 | 24 | Jun 24, 2013 | 86 | Oct 24, 2013 | 110 |
Volatility
Volatility Chart
The current AmericaFirst Income Fund volatility is 3.00%, 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.