Access Flex High Yield ProFund (FYAIX)
The investment seeks to provide investment results that correspond generally to the total return of the high yield market consistent with maintaining reasonable liquidity. The fund invests primarily in financial instruments that ProFund Advisors believes, in combination, should provide investment results that correspond generally to the high yield market. It seeks to maintain exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of an adverse climate for the high yield market.
Fund Info
| ISIN | US74318X6958 |
|---|---|
| CUSIP | 00433W106 |
| Issuer | ProFunds |
| Inception Date | Dec 17, 2004 |
| Category | High Yield Bonds |
| Min. Investment | $15,000 |
| Asset Class | Bond |
Expense Ratio
FYAIX has a high expense ratio of 1.78%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FYAIX vs. SCHD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Access Flex High Yield ProFund, 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
Access Flex High Yield ProFund had a return of 1.37% year-to-date (YTD) and 9.57% in the last 12 months. Over the past 10 years, Access Flex High Yield ProFund had an annualized return of 2.92%, while the S&P 500 had an annualized return of 10.71%, indicating that Access Flex High Yield ProFund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.37% | 8.76% |
| 1 month | 0.40% | -0.32% |
| 6 months | 7.75% | 18.48% |
| 1 year | 9.57% | 25.36% |
| 5 years (annualized) | 1.86% | 12.60% |
| 10 years (annualized) | 2.92% | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.20% | 0.10% | 3.86% | -4.27% | ||||||||
| 2023 | -1.18% | 5.43% | 3.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FYAIX is 54, 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.
FYAIX (Access Flex High Yield ProFund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Access Flex High Yield ProFund (FYAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Access Flex High Yield ProFund granted a 7.11% dividend yield in the last twelve months. The annual payout for that period amounted to $2.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.14 | $1.42 | $1.06 | $0.94 | $0.90 | $1.67 | $0.68 | $1.48 | $0.72 | $2.81 | $0.00 | $2.08 |
Dividend yield | 7.11% | 4.67% | 3.69% | 2.89% | 2.69% | 4.85% | 2.10% | 4.49% | 2.18% | 9.12% | 0.01% | 6.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Access Flex High Yield ProFund. 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 | $0.72 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $1.09 | $0.00 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.80 |
| 2021 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.36 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.08 |
| 2017 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.48 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.22 |
| 2015 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $2.41 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.34 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $1.54 |
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 Access Flex High Yield ProFund. 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 Access Flex High Yield ProFund was 25.94%, occurring on Mar 9, 2009. Recovery took 153 trading sessions.
The current Access Flex High Yield ProFund drawdown is 2.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.94% | May 20, 2008 | 201 | Mar 9, 2009 | 153 | Oct 14, 2009 | 354 |
| -16.43% | Dec 31, 2019 | 57 | Mar 23, 2020 | 307 | Jun 10, 2021 | 364 |
| -16.23% | Sep 16, 2021 | 260 | Sep 27, 2022 | 311 | Dec 21, 2023 | 571 |
| -10.7% | Jul 25, 2011 | 51 | Oct 4, 2011 | 73 | Jan 19, 2012 | 124 |
| -8.95% | Apr 24, 2007 | 66 | Jul 27, 2007 | 39 | Sep 21, 2007 | 105 |
Volatility
Volatility Chart
The current Access Flex High Yield ProFund volatility is 2.02%, 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.