Biondo Focus Fund (BFONX)
The investment seeks long-term capital appreciation. The fund invests primarily in a combination of long and short positions in (1) common stock of U.S. companies of any capitalization; (2) American depositary receipts ("ADRs") representing common stock of foreign companies; (3) investment grade fixed income securities; (4) exchange-traded funds and (5) options on common stock, ADRs and ETFs. It may also employ leverage including bank borrowing of up to 33% of the fund's assets (defined as net assets plus borrowing for investment purposes). The fund is non-diversified.
Fund Info
ISIN | US66537V6332 |
---|---|
CUSIP | 66537V633 |
Issuer | Biondo Investment Advisor |
Inception Date | Mar 17, 2010 |
Category | Large Cap Growth Equities |
Min. Investment | $1,000 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Biondo Focus Fund has a high expense ratio of 1.51%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Biondo Focus 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
Biondo Focus Fund had a return of 14.96% year-to-date (YTD) and 46.05% in the last 12 months. Over the past 10 years, Biondo Focus Fund had an annualized return of 9.41%, while the S&P 500 had an annualized return of 10.89%, indicating that Biondo Focus Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 14.96% | 10.16% |
1 month | 3.90% | 3.47% |
6 months | 31.81% | 22.20% |
1 year | 46.05% | 30.45% |
5 years (annualized) | 9.15% | 13.16% |
10 years (annualized) | 9.41% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 5.19% | 5.40% | ||||||||||
2023 | -2.54% | -8.74% | -4.90% | 12.53% | 7.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for Biondo Focus Fund (BFONX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Biondo Focus Fund | 2.68 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
Biondo Focus Fund granted a 8.03% dividend yield in the last twelve months. The annual payout for that period amounted to $1.69 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
---|---|---|---|---|---|---|---|---|
Dividend | $1.69 | $1.69 | $0.24 | $1.85 | $1.23 | $1.76 | $1.14 | $2.18 |
Dividend yield | 8.03% | 9.23% | 1.67% | 8.06% | 5.27% | 9.34% | 6.82% | 13.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Biondo Focus 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 | $0.00 | $0.00 | ||||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.69 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.85 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.76 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 |
2017 | $2.18 |
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 Biondo Focus 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 Biondo Focus Fund was 48.30%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Biondo Focus Fund drawdown is 8.79%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-48.3% | Sep 7, 2021 | 280 | Oct 14, 2022 | — | — | — |
-38.61% | Apr 29, 2011 | 163 | Dec 19, 2011 | 404 | Aug 1, 2013 | 567 |
-37.75% | Jul 21, 2015 | 237 | Jun 27, 2016 | 267 | Jul 19, 2017 | 504 |
-32.27% | Feb 20, 2020 | 23 | Mar 23, 2020 | 63 | Jun 22, 2020 | 86 |
-23.29% | Oct 1, 2018 | 59 | Dec 24, 2018 | 245 | Dec 13, 2019 | 304 |
Volatility
Volatility Chart
The current Biondo Focus Fund volatility is 4.28%, 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.