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AAMA Income Fund (AMFIX)

Mutual Fund · Currency in USD · Last updated Dec 2, 2023

The fund will principally invest in income-producing securities which include U.S. Treasury obligations and other U.S. government and agency securities including mortgage-backed securities, corporate bonds, high yield bonds ("junk bonds"), municipal bonds, preferred stocks, inflation indexed bonds, money market instruments including commercial paper, bankers acceptances and marketable CDs, floating and variable rate securities, zero coupon bonds, and ETFs or mutual funds that invest in the types of securities in which the fund would normally invest.

Summary

Fund Info

ISINUS0454198351
CUSIP045419835
IssuerAAMA
Inception DateJun 30, 2017
CategoryIntermediate Core-Plus Bond
Minimum Investment$10,000
Asset ClassBond

Expense Ratio

The AAMA Income Fund has a high expense ratio of 0.92%, indicating higher-than-average management fees.


0.92%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in AAMA 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.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
0.44%
89.59%
AMFIX (AAMA Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

AAMA Income Fund

Return

AAMA Income Fund had a return of 2.90% year-to-date (YTD) and 2.55% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date2.90%19.67%
1 month1.35%8.42%
6 months1.46%7.29%
1 year2.55%12.71%
5 years (annualized)0.06%10.75%
10 years (annualized)N/A9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-0.30%-0.24%0.15%0.19%-0.40%-0.01%1.36%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for AAMA Income Fund (AMFIX) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AMFIX
AAMA Income Fund
0.99
^GSPC
S&P 500
0.91

Sharpe Ratio

The current AAMA Income Fund Sharpe ratio is 0.99. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.99
0.91
AMFIX (AAMA Income Fund)
Benchmark (^GSPC)

Dividend History

AAMA Income Fund granted a 1.61% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.


PeriodTTM202220212020201920182017
Dividend$0.38$0.19$0.14$0.21$0.31$0.31$0.11

Dividend yield

1.61%0.83%0.57%0.83%1.24%1.24%0.45%

Monthly Dividends

The table displays the monthly dividend distributions for AAMA Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04
2022$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.03
2021$0.01$0.02$0.01$0.01$0.01$0.01$0.02$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$0.01$0.01$0.02$0.02$0.01
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.03$0.02$0.03
2018$0.02$0.02$0.03$0.03$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03
2017$0.01$0.02$0.02$0.02$0.02$0.02

Drawdowns Chart

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


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-5.18%
-4.21%
AMFIX (AAMA Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AAMA 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 AAMA Income Fund was 9.35%, occurring on Oct 20, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-9.35%May 18, 2020613Oct 20, 2022
-1.22%Sep 11, 2017171May 15, 2018150Dec 18, 2018321
-0.48%Sep 5, 20197Sep 13, 201913Oct 2, 201920
-0.37%Oct 7, 201924Nov 7, 201949Jan 21, 202073
-0.35%Mar 17, 20202Mar 18, 20202Mar 20, 20204

Volatility Chart

The current AAMA Income Fund volatility is 0.77%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
0.77%
2.79%
AMFIX (AAMA Income Fund)
Benchmark (^GSPC)