AAMA Income Fund (AMFIX)

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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.

AAMA Income Fund (AMFIX) has returned 0.21% so far this year and 2.97% over the past 12 months.

Based on dividend-adjusted daily data since Aug 30, 2017, AMFIX's average daily return is 0.00%, while the average monthly return is +0.08%. At this rate, your investment would double in approximately 72.2 years.

Historically, 55% of months were positive and 45% were negative. The best month was Mar 2023 with a return of +1.5%, while the worst month was Mar 2022 at -1.8%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 10 months.

On a daily basis, AMFIX closed higher 38% of trading days. The best single day was Mar 13, 2023 with a return of +0.7%, while the worst single day was Jun 13, 2022 at -0.8%.

AAMA Income Fund has an annualized alpha of 1.05%, beta of -0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 31, 2017.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (3.71%) than losses (2.44%) — typical of diversified or defensive assets.
• Beta of -0.00 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

AMFIX has an expense ratio of 0.92%, placing it in the medium range.

AMFIX ranks 98 for risk / return — in the top 98% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for AAMA Income Fund (AMFIX) and compare them to a chosen benchmark (S&P 500 Index).

AAMA Income Fund provided a 2.22% dividend yield over the last twelve months, with an annual payout of $0.54 per share.

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.

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.

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. Recovery took 612 trading sessions.

The current AAMA Income Fund drawdown is 0.49%.

The chart below shows the rolling one-month volatility.