Ave Maria Rising Dividend Fund (AVEDX)
The fund will invest at least 80% of its net assets, including the amount of any borrowings for investment purposes, in the common stocks of dividend-paying companies that are expected to increase their dividends over time and to provide long-term growth of capital. Under normal circumstances, all of its equity investments (which include common stocks, preferred stocks and securities convertible into common stock) and at least 80% of the fund's net assets will be invested in companies meeting its religious criteria.
Fund Info
| ISIN | US8085306046 |
|---|---|
| CUSIP | 808530604 |
| Issuer | Ave Maria Mutual Funds |
| Inception Date | May 2, 2005 |
| Category | Large Cap Blend Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
AVEDX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: AVEDX vs. AVEMX, AVEDX vs. PXD, AVEDX vs. OXY, AVEDX vs. COP, AVEDX vs. DVN, AVEDX vs. MPC, AVEDX vs. VLO, AVEDX vs. XLE, AVEDX vs. CVX, AVEDX vs. LNG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ave Maria Rising Dividend 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
Ave Maria Rising Dividend Fund had a return of 21.38% year-to-date (YTD) and 27.48% in the last 12 months. Over the past 10 years, Ave Maria Rising Dividend Fund had an annualized return of 10.27%, while the S&P 500 had an annualized return of 11.11%, indicating that Ave Maria Rising Dividend Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.38% | 23.08% |
| 1 month | 0.39% | 0.48% |
| 6 months | 13.07% | 10.70% |
| 1 year | 27.48% | 30.22% |
| 5 years (annualized) | 11.85% | 13.50% |
| 10 years (annualized) | 10.27% | 11.11% |
Monthly Returns
The table below presents the monthly returns of AVEDX, 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 | -0.66% | 4.38% | 3.48% | -4.28% | 2.91% | 0.84% | 6.86% | 2.59% | 0.55% | -0.65% | 21.38% | ||
| 2023 | 5.10% | -3.71% | -0.69% | 1.09% | -3.44% | 7.30% | 2.54% | -0.10% | -4.06% | -3.04% | 7.22% | 3.54% | 11.33% |
| 2022 | -4.24% | 0.38% | 2.87% | -6.24% | 2.32% | -7.99% | 9.00% | -3.04% | -8.28% | 10.95% | 6.24% | -4.92% | -5.18% |
| 2021 | -2.84% | 5.16% | 7.39% | 5.20% | 0.58% | 0.25% | 1.29% | 1.41% | -3.63% | 6.37% | -3.02% | 5.43% | 25.31% |
| 2020 | -2.89% | -9.10% | -17.17% | 12.56% | 6.46% | 1.60% | 5.09% | 4.96% | -3.07% | -2.73% | 11.27% | 3.34% | 6.46% |
| 2019 | 7.26% | 4.53% | 1.06% | 4.41% | -7.12% | 6.93% | 2.81% | -1.53% | 1.78% | 0.53% | 2.57% | 2.16% | 27.56% |
| 2018 | 5.26% | -4.02% | -2.21% | 0.88% | 2.57% | -0.51% | 4.45% | 1.80% | 0.26% | -7.27% | 4.36% | -9.29% | -4.83% |
| 2017 | 2.14% | 2.68% | -0.22% | -0.34% | -0.34% | 1.42% | 0.51% | -0.40% | 3.75% | 2.08% | 2.90% | 1.59% | 16.84% |
| 2016 | -4.62% | 2.02% | 6.23% | 3.24% | 0.72% | 0.90% | 3.28% | 0.46% | -0.91% | -3.37% | 6.68% | 0.35% | 15.33% |
| 2015 | -3.33% | 5.78% | -1.88% | 0.90% | 0.22% | -2.41% | -0.46% | -5.53% | -3.13% | 6.89% | 1.07% | -3.46% | -5.92% |
| 2014 | -3.87% | 3.44% | 1.97% | 0.28% | 1.40% | 3.56% | -2.68% | 3.30% | -1.82% | 1.74% | 2.25% | -0.34% | 9.25% |
| 2013 | 5.86% | 1.89% | 3.46% | 0.80% | 2.38% | -0.81% | 5.21% | -2.60% | 3.52% | 4.62% | 2.65% | 2.86% | 33.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AVEDX is 75, placing it in the top 25% 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 Ave Maria Rising Dividend Fund (AVEDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ave Maria Rising Dividend Fund provided a 0.96% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.30 | $0.20 | $0.21 | $0.23 | $0.25 | $0.20 | $0.28 | $0.23 | $0.18 | $0.17 |
Dividend yield | 0.96% | 1.12% | 1.58% | 0.92% | 1.10% | 1.22% | 1.57% | 1.07% | 1.64% | 1.50% | 1.02% | 0.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Ave Maria Rising Dividend 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 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.18 | |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.30 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.20 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.25 |
| 2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.20 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.23 |
| 2014 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.18 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.17 |
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 Ave Maria Rising Dividend 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 Ave Maria Rising Dividend Fund was 47.25%, occurring on Mar 9, 2009. Recovery took 445 trading sessions.
The current Ave Maria Rising Dividend Fund drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.25% | Jul 16, 2007 | 415 | Mar 9, 2009 | 445 | Dec 10, 2010 | 860 |
| -38.91% | Jan 21, 2020 | 44 | Mar 23, 2020 | 166 | Nov 16, 2020 | 210 |
| -19.22% | Jul 8, 2011 | 61 | Oct 3, 2011 | 111 | Mar 13, 2012 | 172 |
| -18.42% | Sep 24, 2018 | 64 | Dec 24, 2018 | 69 | Apr 4, 2019 | 133 |
| -16.85% | Mar 30, 2022 | 125 | Sep 27, 2022 | 201 | Jul 18, 2023 | 326 |
Volatility
Volatility Chart
The current Ave Maria Rising Dividend Fund volatility is 3.55%, 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.