The MP 63 Fund (DRIPX)
The fund seeks to achieve its investment objective by investing at least 80% of its total assets in dividend paying common stock of companies that offer direct investment plans ("DRIPs") with an emphasis on quality and diversity. These are typically large-capitalization stocks. The companies in which the fund principally invests are typically large capitalization stocks and are diversified across industries. However, the fund may invest in companies of any size.
Fund Info
US5534221065
Mar 1, 1999
$0
Large-Cap
Value
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in The MP 63 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
The MP 63 Fund had a return of 14.03% year-to-date (YTD) and 21.31% in the last 12 months. Over the past 10 years, The MP 63 Fund had an annualized return of 8.80%, while the S&P 500 had an annualized return of 11.11%, indicating that The MP 63 Fund did not perform as well as the benchmark.
DRIPX
14.03%
-2.40%
4.79%
21.31%
8.30%
8.80%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of DRIPX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.27% | 3.21% | 4.63% | -3.43% | 2.79% | -0.93% | 3.78% | 2.50% | 1.49% | -2.07% | 14.03% | ||
| 2023 | 2.28% | -3.39% | 0.68% | 1.19% | -5.28% | 6.81% | 3.36% | -3.22% | -4.79% | -2.60% | 6.54% | 5.22% | 5.93% |
| 2022 | -3.04% | -2.03% | 1.86% | -5.86% | 1.25% | -6.41% | 6.09% | -2.72% | -9.24% | 9.71% | 6.67% | -3.14% | -8.37% |
| 2021 | -1.69% | 3.03% | 6.60% | 3.06% | 1.16% | -1.14% | 1.99% | 1.38% | -4.83% | 5.15% | -1.47% | 6.19% | 20.46% |
| 2020 | -0.97% | -9.55% | -12.72% | 10.27% | 4.34% | 0.56% | 3.90% | 5.01% | -1.66% | -1.39% | 10.50% | 2.25% | 8.13% |
| 2019 | 6.64% | 4.51% | 1.50% | 3.56% | -6.02% | 6.74% | 1.65% | -1.18% | 3.06% | 0.64% | 2.35% | 2.68% | 28.65% |
| 2018 | 3.34% | -4.45% | -1.22% | -1.19% | 1.49% | 0.19% | 5.12% | 1.44% | 1.02% | -6.34% | 4.18% | -8.32% | -5.55% |
| 2017 | 1.46% | 3.30% | -0.62% | 1.04% | 1.33% | 0.61% | 0.70% | -0.70% | 2.47% | 2.55% | 4.21% | 0.87% | 18.52% |
| 2016 | -2.86% | 2.02% | 6.49% | 0.28% | 0.79% | 3.01% | 3.14% | -0.68% | -0.58% | -2.55% | 3.82% | 1.49% | 14.90% |
| 2015 | -3.70% | 4.57% | -2.29% | -0.33% | 0.88% | -2.50% | 0.95% | -5.62% | -1.34% | 7.28% | 0.77% | -1.79% | -3.74% |
| 2014 | -3.16% | 3.63% | 2.28% | 0.91% | 1.24% | 1.90% | -3.18% | 4.19% | -1.36% | 3.47% | 2.66% | 0.30% | 13.29% |
| 2013 | 4.92% | 1.95% | 4.39% | 1.90% | 1.26% | -0.46% | 5.74% | -3.74% | 3.44% | 4.39% | 2.52% | 2.60% | 32.58% |
Expense Ratio
DRIPX features an expense ratio of 0.63%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRIPX is 70, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for The MP 63 Fund (DRIPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
The MP 63 Fund provided a 1.54% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.46 | $0.44 | $0.41 | $0.41 | $0.39 | $0.41 | $0.36 | $0.38 | $0.34 | $0.29 | $0.27 |
Dividend yield | 1.54% | 1.75% | 1.74% | 1.42% | 1.65% | 1.63% | 2.12% | 1.68% | 2.03% | 1.99% | 1.55% | 1.56% |
Monthly Dividends
The table displays the monthly dividend distributions for The MP 63 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.46 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2013 | $0.27 | $0.27 |
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 The MP 63 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 The MP 63 Fund was 54.71%, occurring on Mar 9, 2009. Recovery took 774 trading sessions.
The current The MP 63 Fund drawdown is 2.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.71% | Dec 31, 2007 | 298 | Mar 9, 2009 | 774 | Apr 2, 2012 | 1072 |
| -35.2% | Feb 18, 2020 | 25 | Mar 23, 2020 | 161 | Nov 9, 2020 | 186 |
| -27.78% | Mar 20, 2002 | 86 | Jul 23, 2002 | 342 | Dec 1, 2003 | 428 |
| -20.04% | May 23, 2001 | 80 | Sep 21, 2001 | 111 | Mar 4, 2002 | 191 |
| -19.97% | Jan 5, 2022 | 186 | Sep 30, 2022 | 359 | Mar 7, 2024 | 545 |
Volatility
Volatility Chart
The current The MP 63 Fund volatility is 3.48%, 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.