CM Advisors Fixed Income Fund (CMFIX)
The fund invests primarily in U.S. dollar denominated fixed income securities that the Advisor believes are undervalued. It may invest in all types of fixed income securities but will typically invest in fixed income securities such as corporate bonds, U.S. government securities and mortgage-backed securities. At least 80% of its net assets (including the amount of any borrowings for investment purposes) will be invested in fixed income investments, which include fixed income securities and shares of other RICs that invest primarily in fixed income securities.
Fund Info
ISIN | US1256772039 |
---|---|
CUSIP | 125677203 |
Issuer | CM Advisors |
Inception Date | Mar 24, 2006 |
Category | Short-Term Bond |
Min. Investment | $2,500 |
Asset Class | Bond |
Expense Ratio
The CM Advisors Fixed Income Fund has a high expense ratio of 0.88%, 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 CM Advisors Fixed Income 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
CM Advisors Fixed Income Fund had a return of -0.82% year-to-date (YTD) and 10.07% in the last 12 months. Over the past 10 years, CM Advisors Fixed Income Fund had an annualized return of 2.08%, while the S&P 500 had an annualized return of 10.89%, indicating that CM Advisors Fixed Income Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.82% | 10.16% |
1 month | -0.36% | 3.47% |
6 months | 3.30% | 22.20% |
1 year | 10.07% | 30.45% |
5 years (annualized) | 2.36% | 13.16% |
10 years (annualized) | 2.08% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.36% | -0.09% | ||||||||||
2023 | 1.15% | 3.19% | 2.53% | -0.27% | 1.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for CM Advisors Fixed Income Fund (CMFIX) 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 | |
---|---|---|---|---|---|
CM Advisors Fixed Income Fund | 2.63 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
CM Advisors Fixed Income Fund granted a 4.25% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.47 | $0.47 | $0.14 | $0.27 | $0.18 | $0.24 | $0.36 | $0.42 | $0.40 | $0.21 | $0.20 | $0.14 |
Dividend yield | 4.25% | 4.22% | 1.33% | 2.49% | 1.63% | 2.23% | 3.34% | 3.74% | 3.50% | 1.85% | 1.77% | 1.23% |
Monthly Dividends
The table displays the monthly dividend distributions for CM Advisors Fixed Income 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 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.10 |
2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 |
2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.19 |
2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 |
2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 |
2018 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 |
2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.20 |
2016 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 |
2015 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 |
2014 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 |
2013 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $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 CM Advisors Fixed Income 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 CM Advisors Fixed Income Fund was 12.21%, occurring on Jun 12, 2007. Recovery took 60 trading sessions.
The current CM Advisors Fixed Income Fund drawdown is 1.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-12.21% | Dec 5, 2006 | 129 | Jun 12, 2007 | 60 | Sep 7, 2007 | 189 |
-10.4% | Sep 16, 2008 | 33 | Oct 30, 2008 | 50 | Jan 13, 2009 | 83 |
-4.81% | Dec 30, 2021 | 249 | Dec 23, 2022 | 157 | Aug 11, 2023 | 406 |
-4.68% | Sep 12, 2007 | 7 | Sep 20, 2007 | 24 | Oct 24, 2007 | 31 |
-4.29% | Sep 26, 2006 | 20 | Oct 23, 2006 | 7 | Nov 1, 2006 | 27 |
Volatility
Volatility Chart
The current CM Advisors Fixed Income Fund volatility is 1.09%, 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.