13D Activist Fund (DDDIX)
The fund invests primarily in common stocks of U.S. companies of any market capitalization that are the target of shareholder activism. The adviser defines an activist as an investor who holds more than 5% of a company's shares and either (A) has a history of activist investing and/or (B) has publicly disclosed a catalyst for change such as seeking Board seats, improving operations and/or corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.
Fund Info
| ISIN | US66537V2372 |
|---|---|
| CUSIP | 66537V237 |
| Issuer | 13D Activist Fund |
| Inception Date | Dec 28, 2011 |
| Category | Mid Cap Blend Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The 13D Activist 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
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Popular comparisons: DDDIX vs. IIPR
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 13D Activist 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
13D Activist Fund had a return of 0.09% year-to-date (YTD) and 9.62% in the last 12 months. Over the past 10 years, 13D Activist Fund had an annualized return of 7.70%, while the S&P 500 had an annualized return of 10.52%, indicating that 13D Activist Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.09% | 6.92% |
| 1 month | -3.96% | -2.83% |
| 6 months | 25.52% | 23.86% |
| 1 year | 9.62% | 23.33% |
| 5 years (annualized) | 7.21% | 11.66% |
| 10 years (annualized) | 7.70% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.33% | 2.00% | 3.74% | |||||||||
| 2023 | -6.39% | -6.11% | 10.20% | 11.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
13D Activist Fund(DDDIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 13D Activist Fund (DDDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
13D Activist Fund granted a 3.89% dividend yield in the last twelve months. The annual payout for that period amounted to $0.85 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.85 | $0.85 | $1.93 | $2.53 | $1.73 | $0.77 | $0.97 | $0.37 | $0.00 | $0.00 | $0.94 | $0.42 |
Dividend yield | 3.89% | 3.89% | 9.39% | 9.30% | 6.98% | 3.44% | 5.33% | 1.69% | 0.00% | 0.00% | 5.52% | 2.67% |
Monthly Dividends
The table displays the monthly dividend distributions for 13D Activist 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 | $0.85 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.93 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.53 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.73 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 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 | $0.94 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.41 |
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 13D Activist 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 13D Activist Fund was 43.82%, occurring on Mar 18, 2020. Recovery took 164 trading sessions.
The current 13D Activist Fund drawdown is 10.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.82% | Jan 17, 2020 | 42 | Mar 18, 2020 | 164 | Nov 9, 2020 | 206 |
| -28.96% | Jun 24, 2015 | 161 | Feb 11, 2016 | 200 | Nov 25, 2016 | 361 |
| -28.72% | Nov 8, 2021 | 496 | Oct 27, 2023 | — | — | — |
| -24.06% | Jul 20, 2018 | 109 | Dec 24, 2018 | 232 | Nov 25, 2019 | 341 |
| -12.49% | Jul 7, 2014 | 70 | Oct 13, 2014 | 28 | Nov 20, 2014 | 98 |
Volatility
Volatility Chart
The current 13D Activist Fund volatility is 3.96%, 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.