Concorde Wealth Management Fund (CONWX)
The fund invests primarily in a portfolio of (i) equity securities that the adviser believes are undervalued, (ii) debt securities that offer appropriate current returns that are commensurate with related risks and (iii) private equity, based on risk and return attributes as dictated by broad market and economic conditions. It normally invests approximately 40% to 60% of the fund's total assets in equity securities and 40% to 60% in fixed income securities.
Fund Info
US20651N3070
20651N307
Dec 3, 1987
$500
Large-Cap
Blend
Expense Ratio
CONWX has a high expense ratio of 1.41%, 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 Concorde Wealth Management 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
Concorde Wealth Management Fund had a return of 4.22% year-to-date (YTD) and 8.03% in the last 12 months.
CONWX
4.22%
0.33%
-1.13%
8.03%
3.71%
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of CONWX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.59% | 4.22% | |||||||||||
| 2024 | -0.58% | 2.45% | 3.98% | -2.24% | 2.57% | 0.82% | 3.90% | 0.42% | 0.78% | 0.82% | 5.31% | -12.63% | 4.43% |
| 2023 | 0.06% | -3.24% | 0.12% | 0.29% | -2.40% | 2.75% | 2.27% | 0.57% | -2.61% | -1.22% | 1.94% | 1.88% | 0.20% |
| 2022 | -1.80% | -0.00% | 2.41% | -3.63% | 2.55% | -7.87% | 6.18% | -1.96% | -5.29% | 7.86% | 3.75% | -10.09% | -9.16% |
| 2021 | 1.60% | 4.91% | 4.96% | 2.50% | 0.78% | 0.67% | 0.05% | 0.92% | -2.73% | 3.17% | -0.71% | -0.03% | 17.02% |
| 2020 | -0.12% | -4.36% | -12.56% | 8.41% | 3.37% | 2.13% | 2.60% | 3.17% | -3.01% | -1.46% | 7.20% | 1.95% | 5.69% |
| 2019 | 6.47% | 1.47% | 1.25% | 2.34% | -3.94% | 4.43% | -0.06% | -2.15% | 0.84% | -0.00% | 2.70% | 1.92% | 15.91% |
| 2018 | 4.06% | -3.07% | -0.92% | 0.80% | 2.77% | 0.77% | 2.23% | 1.87% | 0.92% | -4.55% | -1.52% | -8.92% | -6.13% |
| 2017 | 1.60% | 0.75% | -0.00% | 1.02% | -0.60% | 0.13% | 1.01% | 0.47% | 0.66% | -0.13% | 0.20% | -0.66% | 4.52% |
| 2016 | 0.07% | 0.85% | -0.91% | 1.13% | 0.42% | 1.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CONWX is 36, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Concorde Wealth Management Fund (CONWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Concorde Wealth Management Fund provided a 1.53% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.37 | $0.07 | $0.26 | $0.17 | $0.22 | $0.06 |
Dividend yield | 1.53% | 1.60% | 2.16% | 0.37% | 1.33% | 1.00% | 1.36% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Concorde Wealth Management 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2018 | $0.06 | $0.06 |
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 Concorde Wealth Management 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 Concorde Wealth Management Fund was 26.09%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current Concorde Wealth Management Fund drawdown is 9.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.09% | Feb 21, 2020 | 22 | Mar 23, 2020 | 166 | Nov 16, 2020 | 188 |
| -17.39% | Sep 24, 2018 | 64 | Dec 24, 2018 | 267 | Jan 16, 2020 | 331 |
| -16.72% | Nov 10, 2021 | 337 | Mar 15, 2023 | 383 | Sep 23, 2024 | 720 |
| -13.97% | Nov 25, 2024 | 18 | Dec 19, 2024 | — | — | — |
| -5.4% | Jan 30, 2018 | 38 | Mar 23, 2018 | 53 | Jun 8, 2018 | 91 |
Volatility
Volatility Chart
The current Concorde Wealth Management Fund volatility is 2.07%, 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.