Ave Maria Bond Fund (AVEFX)
The fund invests primarily (80% or more of its net assets, including the amount of any borrowings for investment purposes) in investment-grade debt securities of domestic issuers, including the U.S. government and its agencies and instrumentalities, corporations and municipalities and money market instruments. It may invest up to 20% of its net assets in equity securities (which include preferred stocks, common stocks paying dividends and securities convertible into common stock) of domestic or foreign issuers of any market capitalization.
Fund Info
| ISIN | US8085305055 |
|---|---|
| CUSIP | 808530505 |
| Issuer | Ave Maria Mutual Funds |
| Inception Date | Apr 30, 2003 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The Ave Maria Bond Fund has a high expense ratio of 0.41%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: AVEFX vs. VFFVX, AVEFX vs. VIGAX, AVEFX vs. VFIFX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ave Maria Bond 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 Bond Fund had a return of 0.76% year-to-date (YTD) and 4.34% in the last 12 months. Over the past 10 years, Ave Maria Bond Fund had an annualized return of 3.20%, while the S&P 500 had an annualized return of 10.52%, indicating that Ave Maria Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.76% | 6.92% |
| 1 month | -0.93% | -2.83% |
| 6 months | 6.37% | 23.86% |
| 1 year | 4.34% | 23.33% |
| 5 years (annualized) | 3.30% | 11.66% |
| 10 years (annualized) | 3.20% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.11% | -0.13% | 1.77% | |||||||||
| 2023 | -0.94% | -1.10% | 2.71% | 2.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Ave Maria Bond Fund(AVEFX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Ave Maria Bond Fund (AVEFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ave Maria Bond Fund granted a 2.57% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.29 | $0.41 | $0.20 | $0.29 | $0.41 | $0.36 | $0.23 | $0.33 | $0.21 | $0.48 | $0.33 |
Dividend yield | 2.57% | 2.47% | 3.59% | 1.61% | 2.43% | 3.50% | 3.21% | 2.04% | 2.94% | 1.89% | 4.29% | 2.94% |
Monthly Dividends
The table displays the monthly dividend distributions for Ave Maria Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.03 | $0.03 | |||||||||
| 2023 | $0.01 | $0.01 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.01 | $0.01 | $0.02 | $0.18 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.10 |
| 2019 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2018 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.08 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.19 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 |
| 2014 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.36 |
| 2013 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.23 |
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 Ave Maria Bond 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 Bond Fund was 11.21%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current Ave Maria Bond Fund drawdown is 0.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.21% | Dec 30, 2019 | 58 | Mar 23, 2020 | 53 | Jun 8, 2020 | 111 |
| -9.44% | Sep 19, 2008 | 45 | Nov 20, 2008 | 164 | Jul 20, 2009 | 209 |
| -8.67% | May 10, 2021 | 350 | Sep 27, 2022 | 312 | Dec 22, 2023 | 662 |
| -3.59% | Jun 16, 2003 | 35 | Aug 5, 2003 | 109 | Jan 9, 2004 | 144 |
| -3.41% | Mar 18, 2004 | 37 | May 10, 2004 | 68 | Aug 17, 2004 | 105 |
Volatility
Volatility Chart
The current Ave Maria Bond Fund volatility is 1.23%, 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.