Tributary Short-Intermediate Bond Fund (FOSIX)
Under normal market conditions, the Advisor intends to invest primarily all, but must invest at least 80%, of its net assets, plus any borrowing for investment purposes, in fixed income securities. The fund invests primarily in debt securities rated within the four highest credit categories (AAA, AA, A, BAA, or equivalent) by at least one nationally recognized statistical rating organization, or if unrated, deemed to be of comparable quality by the fund's sub-adviser, First National Fund Advisers.
Fund Info
ISIN | US89609H8604 |
---|---|
CUSIP | 89609H860 |
Issuer | Tributary Funds |
Inception Date | Dec 14, 1992 |
Category | Short-Term Bond |
Min. Investment | $1,000 |
Asset Class | Bond |
Expense Ratio
FOSIX has a high expense ratio of 0.64%, 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 Tributary Short-Intermediate Bond 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
Tributary Short-Intermediate Bond Fund had a return of 0.89% year-to-date (YTD) and 4.17% in the last 12 months. Over the past 10 years, Tributary Short-Intermediate Bond Fund had an annualized return of 1.46%, while the S&P 500 had an annualized return of 10.84%, indicating that Tributary Short-Intermediate Bond Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.89% | 10.00% |
1 month | 0.60% | 2.41% |
6 months | 3.02% | 16.70% |
1 year | 4.17% | 26.85% |
5 years (annualized) | 1.46% | 12.81% |
10 years (annualized) | 1.46% | 10.84% |
Monthly Returns
The table below presents the monthly returns of FOSIX, 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 | 0.47% | -0.21% | 0.48% | -0.42% | 0.89% | ||||||||
2023 | 1.25% | -0.60% | 1.14% | 0.43% | -0.24% | -0.36% | 0.57% | 0.34% | -0.11% | 0.12% | 1.39% | 1.52% | 5.55% |
2022 | -0.72% | -0.62% | -1.28% | -0.74% | 0.15% | -0.74% | 0.84% | -0.84% | -1.41% | -0.27% | 1.01% | 0.14% | -4.43% |
2021 | 0.05% | -0.28% | -0.27% | 0.25% | 0.14% | -0.07% | 0.24% | -0.09% | -0.08% | -0.40% | -0.09% | -0.10% | -0.71% |
2020 | 0.83% | 0.71% | -1.51% | 1.47% | 0.81% | 0.49% | 0.48% | 0.06% | 0.06% | -0.06% | 0.37% | 0.23% | 3.98% |
2019 | 0.51% | 0.28% | 0.73% | 0.17% | 0.72% | 0.50% | 0.07% | 0.83% | -0.14% | 0.39% | -0.04% | 0.07% | 4.16% |
2018 | -0.34% | -0.16% | 0.18% | -0.16% | 0.38% | -0.05% | 0.17% | 0.28% | -0.05% | -0.04% | 0.28% | 0.52% | 1.01% |
2017 | 0.39% | 0.27% | 0.06% | 0.38% | 0.39% | 0.06% | 0.27% | 0.37% | -0.16% | 0.06% | -0.16% | 0.05% | 2.00% |
2016 | 0.47% | 0.15% | 0.50% | 0.16% | 0.05% | 0.60% | 0.37% | -0.05% | 0.18% | -0.05% | -0.59% | 0.09% | 1.90% |
2015 | 0.53% | -0.10% | 0.24% | 0.14% | 0.14% | -0.18% | 0.14% | -0.11% | 0.21% | -0.12% | -0.12% | -0.38% | 0.40% |
2014 | 0.57% | 0.23% | -0.19% | 0.23% | 0.34% | 0.01% | -0.08% | 0.23% | -0.28% | 0.34% | 0.14% | -0.40% | 1.13% |
2013 | 0.29% | 0.38% | 0.06% | 0.33% | -0.28% | -1.03% | 0.22% | -0.27% | 0.46% | 0.44% | 0.14% | -0.28% | 0.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FOSIX is 72, 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.
FOSIX (Tributary Short-Intermediate Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Tributary Short-Intermediate Bond Fund (FOSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Tributary Short-Intermediate Bond Fund granted a 2.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.25 | $0.23 | $0.20 | $0.16 | $0.21 | $0.21 | $0.20 | $0.20 | $0.20 | $0.14 | $0.15 | $0.16 |
Dividend yield | 2.80% | 2.62% | 2.31% | 1.76% | 2.20% | 2.24% | 2.19% | 2.10% | 2.11% | 1.48% | 1.56% | 1.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Tributary Short-Intermediate Bond 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.20 |
2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.16 |
2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.03 | $0.21 |
2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.21 |
2018 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.20 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
2016 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.20 |
2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
2013 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
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 Tributary Short-Intermediate Bond 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 Tributary Short-Intermediate Bond Fund was 6.64%, occurring on Oct 20, 2022. Recovery took 299 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-6.64% | Aug 5, 2021 | 306 | Oct 20, 2022 | 299 | Dec 29, 2023 | 605 |
-5.34% | Nov 8, 2001 | 27 | Dec 17, 2001 | 147 | Jul 22, 2002 | 174 |
-4.1% | Mar 9, 2020 | 12 | Mar 24, 2020 | 45 | May 28, 2020 | 57 |
-4.02% | Feb 1, 1994 | 70 | May 9, 1994 | 202 | Feb 15, 1995 | 272 |
-3.96% | Mar 18, 2004 | 40 | May 13, 2004 | 263 | May 31, 2005 | 303 |
Volatility
Volatility Chart
The current Tributary Short-Intermediate Bond Fund volatility is 0.55%, 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.