Eventide Dividend Opportunities Fund (ETIDX)
The fund seeks to achieve its investment objective by investing in dividend paying securities. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) is invested in the securities of dividend paying companies. The fund may invest in a particular type of security without limitation but limits its investment in a particular industry and in MLPs to less than 25% of its net assets.
Fund Info
| ISIN | US62827P5843 |
|---|---|
| CUSIP | 62827P584 |
| Issuer | Eventide Funds |
| Inception Date | Sep 29, 2017 |
| Category | Mid Cap Blend Equities |
| Min. Investment | $100,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
ETIDX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ETIDX vs. TBG, ETIDX vs. GLRY, ETIDX vs. TPLC, ETIDX vs. ETIEX, ETIDX vs. VTI, ETIDX vs. SPY, ETIDX vs. SMH, ETIDX vs. CATH, ETIDX vs. INDS, ETIDX vs. XLK
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eventide Dividend Opportunities 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
Eventide Dividend Opportunities Fund had a return of 25.17% year-to-date (YTD) and 33.86% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 25.17% | 25.48% |
| 1 month | 1.93% | 2.14% |
| 6 months | 11.77% | 12.76% |
| 1 year | 33.86% | 33.14% |
| 5 years (annualized) | 14.34% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of ETIDX, 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 | -0.74% | 7.43% | 4.50% | -5.68% | 4.61% | 0.31% | 5.13% | 1.93% | 2.17% | -1.39% | 25.17% | ||
| 2023 | 6.26% | -2.43% | -1.12% | -0.94% | -1.38% | 8.27% | 3.34% | 0.33% | -3.97% | -3.78% | 8.92% | 5.75% | 19.67% |
| 2022 | -11.08% | -0.25% | 0.83% | -6.98% | 0.07% | -8.06% | 9.67% | -3.66% | -9.58% | 6.17% | 6.62% | -6.05% | -22.25% |
| 2021 | 0.29% | 2.09% | 4.47% | 5.57% | 0.64% | 1.84% | 3.15% | 3.18% | -4.88% | 9.43% | -0.80% | 2.06% | 29.82% |
| 2020 | 0.90% | -5.51% | -12.80% | 9.53% | 7.02% | 0.96% | 9.10% | 2.27% | -0.11% | 0.41% | 9.32% | 4.15% | 25.39% |
| 2019 | 7.69% | 3.11% | 0.70% | 3.90% | -4.43% | 5.42% | 0.19% | 1.44% | 2.97% | 0.18% | 1.85% | 1.65% | 27.07% |
| 2018 | 2.16% | -5.18% | -0.03% | -0.51% | 0.00% | -0.46% | 3.31% | -0.10% | -0.69% | -5.48% | 2.58% | -5.93% | -10.35% |
| 2017 | 1.30% | -0.20% | 1.30% | 2.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ETIDX is 73, 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 Eventide Dividend Opportunities Fund (ETIDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eventide Dividend Opportunities Fund provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.10 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.10 | $0.11 | $0.18 | $0.20 | $0.15 | $0.22 | $0.20 | $0.03 |
Dividend yield | 0.50% | 0.67% | 1.34% | 1.14% | 1.06% | 1.99% | 2.17% | 0.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Eventide Dividend Opportunities 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 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.20 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.15 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.22 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.20 |
| 2017 | $0.03 | $0.03 |
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 Eventide Dividend Opportunities 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 Eventide Dividend Opportunities Fund was 34.12%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.
The current Eventide Dividend Opportunities Fund drawdown is 0.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.12% | Feb 21, 2020 | 22 | Mar 23, 2020 | 89 | Jul 29, 2020 | 111 |
| -30.27% | Nov 17, 2021 | 229 | Oct 14, 2022 | 359 | Mar 21, 2024 | 588 |
| -16.53% | Jan 29, 2018 | 229 | Dec 24, 2018 | 75 | Apr 12, 2019 | 304 |
| -7.18% | Sep 3, 2020 | 14 | Sep 23, 2020 | 8 | Oct 5, 2020 | 22 |
| -6.83% | Mar 22, 2024 | 19 | Apr 18, 2024 | 19 | May 15, 2024 | 38 |
Volatility
Volatility Chart
The current Eventide Dividend Opportunities Fund volatility is 3.92%, 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.