MAI Managed Volatility Fund (MAIPX)
The fund will seek to achieve its investment objective principally by (1) investing in a diversified portfolio of equity securities, with a focus on those paying dividends, and (2) selling exchange listed options. The fund's investments in domestic equity securities are primarily in companies with large- and mid-sized market capitalizations. The Adviser's focus on large- and mid-cap total return-oriented stocks and a target equity weighting of 45-55% of total assets may limit the fund's ability to fully participate in sharply rising stock markets.
Fund Info
US3499031389
349903138
Sep 22, 2010
$50,000
Expense Ratio
MAIPX has a high expense ratio of 0.99%, 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 MAI Managed Volatility 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
MAI Managed Volatility Fund had a return of 2.17% year-to-date (YTD) and 9.84% in the last 12 months. Over the past 10 years, MAI Managed Volatility Fund had an annualized return of 4.65%, while the S&P 500 had an annualized return of 11.29%, indicating that MAI Managed Volatility Fund did not perform as well as the benchmark.
MAIPX
2.17%
1.37%
5.54%
9.84%
5.85%
4.65%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MAIPX, 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 | 1.71% | 2.17% | |||||||||||
| 2024 | 0.84% | 0.49% | 0.75% | -0.76% | 1.53% | 0.80% | 0.61% | 1.29% | 1.22% | -0.07% | 1.67% | -0.02% | 8.64% |
| 2023 | 2.07% | -0.87% | 1.86% | 1.22% | 0.14% | 0.92% | 0.85% | 0.21% | -0.79% | 0.21% | 3.12% | -1.07% | 8.09% |
| 2022 | -1.32% | -1.34% | 1.65% | -4.37% | 1.25% | -4.55% | 4.95% | -1.16% | -5.20% | 5.43% | 3.02% | -2.97% | -5.22% |
| 2021 | -0.63% | 1.50% | 2.88% | 0.91% | 1.13% | 0.67% | 1.03% | 0.88% | -1.23% | 3.15% | -0.14% | 2.06% | 12.82% |
| 2020 | -0.57% | -5.35% | -9.35% | 8.26% | 2.31% | 1.22% | 1.97% | 1.01% | 0.68% | -0.91% | 4.84% | 1.30% | 4.38% |
| 2019 | 5.13% | 1.60% | 1.00% | 1.30% | -1.63% | 2.96% | 0.68% | 0.25% | 1.09% | 1.34% | 0.82% | 0.11% | 15.51% |
| 2018 | 1.32% | -1.57% | -1.49% | 1.17% | 1.69% | 0.36% | 2.45% | 1.19% | 0.52% | -3.28% | 1.74% | -8.13% | -4.43% |
| 2017 | 0.66% | 1.49% | 0.16% | 0.64% | 0.18% | 0.59% | 0.91% | 0.09% | 1.09% | 0.44% | 1.50% | -1.06% | 6.89% |
| 2016 | -2.64% | 0.20% | 2.30% | 0.49% | 0.78% | 0.40% | 1.64% | 0.28% | 0.06% | -0.76% | 0.95% | 0.80% | 4.52% |
| 2015 | -1.51% | 3.25% | -0.44% | 0.56% | 0.83% | -1.83% | 0.94% | -3.61% | -1.82% | 4.02% | -0.19% | -3.22% | -3.27% |
| 2014 | -2.19% | 2.43% | 1.07% | 0.54% | 1.35% | 0.75% | -0.88% | 1.95% | -1.30% | 0.44% | 0.53% | -7.02% | -2.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 93, MAIPX is among the top 7% 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 MAI Managed Volatility Fund (MAIPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MAI Managed Volatility Fund provided a 2.15% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.33 | $0.07 | $0.00 | $0.04 | $0.15 | $0.11 | $0.05 | $0.05 | $0.03 | $0.04 |
Dividend yield | 2.15% | 2.19% | 2.28% | 0.52% | 0.00% | 0.31% | 1.20% | 1.05% | 0.47% | 0.49% | 0.32% | 0.38% |
Monthly Dividends
The table displays the monthly dividend distributions for MAI Managed Volatility 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 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.33 |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.11 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.05 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.05 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.03 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.04 |
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 MAI Managed Volatility 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 MAI Managed Volatility Fund was 25.69%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.69% | Feb 21, 2020 | 22 | Mar 23, 2020 | 159 | Nov 5, 2020 | 181 |
| -15.45% | Nov 28, 2014 | 303 | Feb 11, 2016 | 437 | Nov 3, 2017 | 740 |
| -15.07% | Oct 4, 2018 | 56 | Dec 24, 2018 | 130 | Jul 2, 2019 | 186 |
| -11.54% | Jan 5, 2022 | 113 | Jun 16, 2022 | 270 | Jul 17, 2023 | 383 |
| -10.25% | May 2, 2011 | 69 | Aug 8, 2011 | 150 | Mar 13, 2012 | 219 |
Volatility
Volatility Chart
The current MAI Managed Volatility Fund volatility is 1.05%, 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.