AAM/Phocas Real Estate Fund (APRIX)
The investment seeks long-term total investment return through a combination of capital appreciation and current income. Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of equity real estate investment trusts ("REITs") and companies of any size market capitalization which primarily own, manage and invest in underlying real estate assets. Therefore, it invests at least 25% of its net assets (i.e., concentrates) in the real estate industry.
Fund Info
| ISIN | US46141Q2387 |
|---|---|
| CUSIP | 46141Q238 |
| Issuer | AAM |
| Inception Date | Sep 29, 2006 |
| Category | REIT |
| Min. Investment | $25,000 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
APRIX has a high expense ratio of 1.49%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AAM/Phocas Real Estate 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 13.20% |
| 1 month | N/A | -1.28% |
| 6 months | N/A | 10.32% |
| 1 year | N/A | 18.23% |
| 5 years (annualized) | N/A | 12.31% |
| 10 years (annualized) | N/A | 10.58% |
Monthly Returns
The table below presents the monthly returns of APRIX, 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 | -5.00% | 0.76% | -0.35% | 42.96% | 36.36% | ||||||||
| 2023 | 10.62% | -5.71% | -2.72% | -0.43% | -3.62% | 4.61% | 2.38% | -4.27% | -6.42% | -4.73% | 12.25% | 9.98% | 9.89% |
| 2022 | -8.43% | -2.98% | 5.45% | -4.44% | -6.60% | -8.52% | 8.80% | -6.01% | -11.89% | 3.44% | 4.46% | -5.28% | -29.48% |
| 2021 | -1.03% | 3.03% | 3.96% | 7.64% | 0.55% | 3.44% | 4.69% | 1.69% | -4.55% | 7.47% | -0.42% | 11.08% | 43.38% |
| 2020 | 2.06% | -7.23% | -18.30% | 7.99% | 1.10% | 4.27% | 3.59% | 1.41% | -2.72% | -2.22% | 8.86% | 3.73% | -0.64% |
| 2019 | 12.30% | 0.87% | 4.04% | 0.92% | -0.12% | 1.26% | 2.26% | 3.44% | 2.06% | 2.33% | -1.16% | -0.67% | 30.46% |
| 2018 | -4.35% | -7.62% | 3.88% | 1.35% | 4.25% | 3.60% | -0.43% | 3.52% | -2.85% | -3.29% | 3.50% | -8.46% | -7.82% |
| 2017 | -0.69% | 4.16% | -3.51% | 1.41% | 0.28% | 1.94% | 1.12% | -0.45% | 0.39% | -0.15% | 3.09% | -0.23% | 7.39% |
| 2016 | -5.00% | -0.78% | 10.16% | -1.91% | 1.67% | 5.91% | 4.35% | -3.39% | -1.07% | -5.65% | -0.22% | 4.56% | 7.67% |
| 2015 | 6.29% | -1.54% | 1.24% | -6.11% | -0.15% | -4.59% | 6.38% | -6.15% | 2.57% | 3.72% | -0.15% | 0.79% | 1.28% |
| 2014 | 3.24% | 4.79% | 0.75% | 3.20% | 2.63% | 1.62% | -0.14% | 2.87% | -5.42% | 10.53% | 2.41% | 2.03% | 31.65% |
| 2013 | 4.12% | 1.03% | 3.63% | 6.30% | -6.96% | -1.43% | 0.73% | -6.46% | 4.46% | 4.02% | -3.55% | 1.63% | 6.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of APRIX is 78, placing it in the top 22% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AAM/Phocas Real Estate Fund (APRIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AAM/Phocas Real Estate Fund granted a 31.63% dividend yield in the last twelve months. The annual payout for that period amounted to $10.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $10.46 | $0.80 | $1.86 | $1.44 | $0.59 | $1.63 | $1.11 | $1.93 | $1.62 | $1.60 | $0.02 | $0.19 |
Dividend yield | 31.63% | 2.30% | 5.74% | 2.96% | 1.70% | 4.54% | 3.85% | 5.95% | 5.07% | 5.13% | 0.08% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for AAM/Phocas Real Estate 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 | $0.00 | $0.00 | $0.04 | $10.00 | $0.00 | $10.04 | |||||||
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.17 | $0.00 | $0.00 | $0.25 | $0.80 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.15 | $0.00 | $0.00 | $1.48 | $1.86 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.13 | $0.00 | $0.00 | $1.11 | $1.44 |
| 2020 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.11 | $0.00 | $0.00 | $0.28 | $0.59 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.14 | $0.00 | $0.00 | $1.22 | $1.63 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.46 | $1.11 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.93 | $1.93 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $1.62 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.60 | $1.60 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2013 | $0.19 | $0.19 |
Drawdowns
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 AAM/Phocas Real Estate 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 AAM/Phocas Real Estate Fund was 69.73%, occurring on Mar 6, 2009. Recovery took 845 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.73% | Feb 8, 2007 | 521 | Mar 6, 2009 | 845 | Jul 13, 2012 | 1366 |
| -41.03% | Feb 18, 2020 | 25 | Mar 23, 2020 | 261 | Apr 6, 2021 | 286 |
| -38.77% | Jan 3, 2022 | 458 | Oct 27, 2023 | 122 | Apr 24, 2024 | 580 |
| -18.77% | Jan 27, 2015 | 264 | Feb 11, 2016 | 96 | Jun 29, 2016 | 360 |
| -16.9% | May 22, 2013 | 62 | Aug 19, 2013 | 173 | Apr 28, 2014 | 235 |
Volatility
Volatility Chart
The current AAM/Phocas Real Estate Fund volatility is 0.00%, 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.