iMGP High Income Alternatives Fund (MAHIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in iMGP High Income Alternatives Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iMGP High Income Alternatives Fund (MAHIX) has returned -0.43% so far this year and 5.56% over the past 12 months.

Based on dividend-adjusted daily data since Oct 5, 2018, MAHIX's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, your investment would double in approximately 14.1 years.

Historically, 72% of months were positive and 28% were negative. The best month was Nov 2020 with a return of +5.2%, while the worst month was Mar 2020 at -12.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MAHIX closed higher 45% of trading days. The best single day was Mar 26, 2020 with a return of +3.2%, while the worst single day was Mar 18, 2020 at -4.1%.

iMGP High Income Alternatives Fund has an annualized alpha of 2.90%, beta of 0.16, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since October 08, 2018.

• This fund participated in 25.81% of S&P 500 Index downside but only 24.87% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.16 may look defensive, but with R² of 0.46 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.46 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

MAHIX has a high expense ratio of 0.98%, indicating above-average management fees.

MAHIX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for iMGP High Income Alternatives Fund (MAHIX) and compare them to a chosen benchmark (S&P 500 Index).

iMGP High Income Alternatives Fund provided a 6.98% dividend yield over the last twelve months, with an annual payout of $0.68 per share.

The table displays the monthly dividend distributions for iMGP High Income Alternatives Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the iMGP High Income Alternatives 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 iMGP High Income Alternatives Fund was 20.00%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The current iMGP High Income Alternatives Fund drawdown is 1.50%.

The chart below shows the rolling one-month volatility.