Bridgeway Managed Volatility Fund (BRBPX)
The investment seeks to provide a high current return with short-term risk less than or equal to 40% of the stock market. Up to 75% of its total assets may be invested in common stocks and options on any size companies on which options are traded on a national securities exchange. At all times, at least 25% of its total assets will be invested in equities. The fund may invest up to 15% of its total assets in foreign securities. The Adviser normally invests at least 25% of its total assets in money market funds or fixed-income securities.
Fund Info
ISIN | US1087477006 |
---|---|
CUSIP | 108747700 |
Issuer | Blackrock |
Inception Date | Jun 28, 2001 |
Category | Options Trading |
Min. Investment | $2,000 |
Asset Class | Alternatives |
Expense Ratio
The Bridgeway Managed Volatility Fund has a high expense ratio of 0.94%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Bridgeway Managed Volatility 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
Bridgeway Managed Volatility Fund had a return of 2.15% year-to-date (YTD) and 13.59% in the last 12 months. Over the past 10 years, Bridgeway Managed Volatility Fund had an annualized return of 5.03%, while the S&P 500 had an annualized return of 10.46%, indicating that Bridgeway Managed Volatility Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 2.15% | 5.84% |
1 month | -0.18% | -2.98% |
6 months | 11.08% | 22.02% |
1 year | 13.59% | 24.47% |
5 years (annualized) | 6.61% | 11.44% |
10 years (annualized) | 5.03% | 10.46% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.06% | 1.54% | 1.57% | |||||||||
2023 | -0.78% | 0.12% | 3.40% | 4.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Bridgeway Managed Volatility Fund(BRBPX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Bridgeway Managed Volatility Fund (BRBPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Bridgeway Managed Volatility Fund granted a 5.56% dividend yield in the last twelve months. The annual payout for that period amounted to $0.92 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.92 | $0.92 | $0.98 | $0.18 | $0.77 | $0.16 | $0.92 | $0.09 | $0.06 | $0.00 | $0.02 | $0.04 |
Dividend yield | 5.56% | 5.68% | 6.32% | 1.04% | 4.72% | 1.03% | 6.62% | 0.58% | 0.41% | 0.03% | 0.13% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Bridgeway Managed Volatility 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 | $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 | $0.92 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 |
2013 | $0.04 |
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 Bridgeway Managed Volatility 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 Bridgeway Managed Volatility Fund was 28.08%, occurring on Nov 20, 2008. Recovery took 809 trading sessions.
The current Bridgeway Managed Volatility Fund drawdown is 0.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-28.08% | Dec 27, 2007 | 228 | Nov 20, 2008 | 809 | Feb 8, 2012 | 1037 |
-12.65% | May 3, 2002 | 110 | Oct 9, 2002 | 171 | Jun 16, 2003 | 281 |
-11.2% | Feb 21, 2020 | 22 | Mar 23, 2020 | 72 | Jul 6, 2020 | 94 |
-10.96% | Aug 30, 2018 | 80 | Dec 24, 2018 | 131 | Jul 3, 2019 | 211 |
-10.75% | Jan 4, 2022 | 114 | Jun 16, 2022 | 250 | Jun 15, 2023 | 364 |
Volatility
Volatility Chart
The current Bridgeway Managed Volatility Fund volatility is 1.27%, 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.