Meeder Tactical Income Fund (FLBDX)
The fund normally invests at least 80% of its net assets in fixed income securities, principally mutual and exchange traded funds that invest in domestic and foreign fixed income securities. It may invest in fixed income securities of any duration and may utilize derivative investments that provide exposure to fixed income securities. The fund may also invest up to 20% of its net assets in equity securities, including preferred stock, convertible securities, common stocks and real estate investment trusts (“REITs”).
Fund Info
US58510R5072
58510R507
Jun 29, 2011
$2,500
Expense Ratio
FLBDX has a high expense ratio of 1.11%, 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 Meeder Tactical 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
Meeder Tactical Income Fund had a return of 1.49% year-to-date (YTD) and 8.18% in the last 12 months. Over the past 10 years, Meeder Tactical Income Fund had an annualized return of 2.47%, while the S&P 500 had an annualized return of 11.31%, indicating that Meeder Tactical Income Fund did not perform as well as the benchmark.
FLBDX
1.49%
0.95%
2.67%
8.18%
2.43%
2.47%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of FLBDX, 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 | 1.06% | 1.49% | |||||||||||
| 2024 | 0.38% | -0.11% | 0.93% | -0.81% | 1.04% | 0.54% | 1.52% | 1.93% | 1.06% | -0.47% | 0.90% | -0.42% | 6.65% |
| 2023 | 1.57% | -0.99% | 0.90% | 0.39% | -0.42% | 0.45% | 1.01% | -0.42% | -0.43% | -0.20% | 2.49% | 2.61% | 7.10% |
| 2022 | -1.34% | -0.51% | -0.99% | -0.51% | -0.16% | -2.72% | 0.39% | -0.34% | -0.65% | 0.05% | 1.46% | -0.46% | -5.69% |
| 2021 | -0.75% | -1.23% | -0.53% | 0.63% | 0.21% | 0.75% | 0.03% | 0.08% | -0.42% | -0.40% | -0.40% | 0.03% | -2.01% |
| 2020 | 1.60% | 0.95% | -2.25% | 1.41% | 1.39% | 1.09% | 1.86% | -0.29% | -0.47% | -0.39% | 1.63% | 0.78% | 7.46% |
| 2019 | 1.27% | 0.27% | 1.42% | 0.22% | 1.14% | 1.18% | 0.21% | 1.72% | -0.52% | 0.14% | -0.17% | 0.16% | 7.24% |
| 2018 | -0.85% | -1.06% | 0.46% | -0.89% | 0.37% | -0.11% | 0.06% | 0.38% | -0.38% | -0.88% | 0.17% | 1.08% | -1.67% |
| 2017 | 0.67% | 1.13% | -0.21% | 0.80% | 0.58% | -0.26% | 0.69% | 0.79% | -0.32% | 0.11% | -0.64% | 0.33% | 3.72% |
| 2016 | 0.13% | 0.60% | 1.20% | 1.56% | -0.16% | 1.34% | 0.69% | 0.66% | 0.33% | -0.78% | -1.85% | 0.72% | 4.49% |
| 2015 | 0.78% | 0.36% | 0.16% | 0.02% | -0.08% | -1.56% | 0.34% | -0.83% | -0.67% | 1.05% | -1.15% | -0.92% | -2.51% |
| 2014 | -0.05% | 1.26% | 0.41% | 0.36% | 1.32% | 0.10% | -0.36% | 0.66% | -1.09% | 0.22% | -0.19% | -0.84% | 1.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, FLBDX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meeder Tactical Income Fund (FLBDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meeder Tactical Income Fund provided a 4.47% dividend yield over the last twelve months, with an annual payout of $0.43 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.41 | $0.33 | $0.15 | $0.15 | $0.18 | $0.22 | $0.18 | $0.25 | $0.27 | $0.25 | $0.32 |
Dividend yield | 4.47% | 4.36% | 3.57% | 1.70% | 1.56% | 1.81% | 2.32% | 2.03% | 2.70% | 2.90% | 2.78% | 3.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Tactical 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.05 | $0.41 |
| 2023 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.04 | $0.01 | $0.01 | $0.02 | $0.04 | $0.15 |
| 2021 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.00 | $0.00 | $0.01 | $0.15 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.04 | $0.18 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.04 | $0.22 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.18 |
| 2017 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2016 | $0.01 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.01 | $0.03 | $0.05 | $0.27 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.01 | $0.03 | $0.25 |
| 2014 | $0.03 | $0.01 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.07 | $0.32 |
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 Meeder Tactical 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 Meeder Tactical Income Fund was 8.74%, occurring on Oct 14, 2022. Recovery took 360 trading sessions.
The current Meeder Tactical Income Fund drawdown is 0.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.74% | Jan 4, 2021 | 450 | Oct 14, 2022 | 360 | Mar 22, 2024 | 810 |
| -6.22% | May 10, 2013 | 31 | Jun 24, 2013 | 224 | May 14, 2014 | 255 |
| -5.7% | Mar 10, 2020 | 10 | Mar 23, 2020 | 55 | Jun 10, 2020 | 65 |
| -4.98% | Apr 16, 2015 | 193 | Jan 20, 2016 | 113 | Jun 30, 2016 | 306 |
| -4.26% | Aug 8, 2011 | 78 | Nov 25, 2011 | 60 | Feb 23, 2012 | 138 |
Volatility
Volatility Chart
The current Meeder Tactical Income Fund volatility is 0.97%, 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.