AAMA Equity Fund (AMFEX)
The fund, under normal market circumstances, will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of any size capitalization. It invests primarily in common stocks and ETFs, but may also invest in other types of equity securities including, preferred stock, investments in foreign equity securities through U.S. stock exchange listed ADRs, REITs, or mutual funds that invest in the types of securities in which the fund would normally invest, and securities convertible into such securities.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in AAMA Equity Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,995 for a total return of roughly 59.95%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
AAMA Equity Fund had a return of 2.70% year-to-date (YTD) and -8.39% in the last 12 months. Over the past 10 years, AAMA Equity Fund had an annualized return of 8.57%, while the S&P 500 had an annualized return of 9.19%, indicating that AAMA Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -1.33% | -1.87% |
| Year-To-Date | 2.70% | 4.25% |
| 6 months | 3.96% | 2.64% |
| 1 year | -8.39% | -10.31% |
| 5 years (annualized) | 7.18% | 8.11% |
| 10 years (annualized) | 8.57% | 9.19% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.50% | -2.98% | ||||||||||
| 2022 | -8.21% | 8.09% | 5.70% | -4.98% |
Dividend History
AAMA Equity Fund granted a 4.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.70 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.70 | $0.04 | $0.06 | $0.10 | $0.09 | $0.04 |
Dividend yield | 4.69% | 4.82% | 0.23% | 0.46% | 0.83% | 0.88% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for AAMA 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 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2017 | $0.04 |
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 AAMA 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 AAMA Equity Fund is 30.41%, recorded on Mar 23, 2020. It took 108 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.41% | Feb 20, 2020 | 23 | Mar 23, 2020 | 108 | Aug 25, 2020 | 131 |
| -21.21% | Dec 30, 2021 | 190 | Sep 30, 2022 | — | — | — |
| -18.5% | Sep 21, 2018 | 65 | Dec 24, 2018 | 131 | Jul 3, 2019 | 196 |
| -9.64% | Jan 29, 2018 | 9 | Feb 8, 2018 | 124 | Aug 7, 2018 | 133 |
| -7.55% | Sep 3, 2020 | 14 | Sep 23, 2020 | 35 | Nov 11, 2020 | 49 |
| -5.6% | Sep 3, 2021 | 21 | Oct 4, 2021 | 20 | Nov 1, 2021 | 41 |
| -5.4% | Jul 29, 2019 | 13 | Aug 14, 2019 | 51 | Oct 25, 2019 | 64 |
| -3.74% | Feb 25, 2021 | 6 | Mar 4, 2021 | 5 | Mar 11, 2021 | 11 |
| -3.71% | Jan 21, 2021 | 7 | Jan 29, 2021 | 6 | Feb 8, 2021 | 13 |
| -3.71% | May 10, 2021 | 3 | May 12, 2021 | 22 | Jun 14, 2021 | 25 |
Volatility Chart
Current AAMA Equity Fund volatility is 17.38%. 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.