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 above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
MAI Managed Volatility Fund (MAIPX) returned 1.98% year-to-date (YTD) and 8.00% over the past 12 months. Over the past 10 years, MAIPX returned 5.77% annually, underperforming the S&P 500 benchmark at 10.84%.
MAIPX
1.98%
3.84%
2.09%
8.00%
7.15%
8.04%
5.77%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
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% | 0.06% | -2.47% | -1.00% | 3.77% | 1.98% | |||||||
| 2024 | 0.84% | 0.49% | 0.75% | -0.76% | 1.53% | 0.80% | 0.61% | 1.29% | 1.21% | -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% | 1.22% | 10.59% |
| 2022 | -1.32% | -1.34% | 1.65% | -4.37% | 1.25% | -4.55% | 4.95% | -1.16% | -5.20% | 5.43% | 3.02% | -1.29% | -3.58% |
| 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% | 12.81% |
| 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% | 4.39% |
| 2019 | 5.13% | 1.60% | 1.00% | 1.30% | -1.63% | 2.96% | 0.68% | 0.25% | 1.09% | 1.33% | 0.82% | 0.65% | 16.13% |
| 2018 | 1.32% | -1.57% | -1.49% | 1.17% | 1.69% | 0.36% | 2.45% | 1.19% | 0.52% | -3.28% | 1.74% | -6.51% | -2.75% |
| 2017 | 0.66% | 1.49% | 0.16% | 0.64% | 0.18% | 0.59% | 0.91% | 0.09% | 1.09% | 0.44% | 1.50% | 0.58% | 8.66% |
| 2016 | -2.64% | 0.20% | 2.50% | 0.49% | 0.78% | 0.40% | 1.64% | 0.28% | 0.06% | -0.76% | 0.95% | 1.09% | 5.02% |
| 2015 | -1.51% | 3.25% | -0.44% | 0.56% | 0.83% | -1.33% | 0.94% | -3.62% | -1.28% | 4.02% | -0.19% | -0.52% | 0.49% |
| 2014 | -2.19% | 2.43% | 1.07% | 0.54% | 1.35% | 0.75% | -0.88% | 1.95% | -1.30% | 0.44% | 0.53% | -0.27% | 4.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MAIPX is 63, indicating average performance compared to other mutual funds on our website. Here’s 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.
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Dividends
Dividend History
MAI Managed Volatility Fund provided a 1.97% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.33 | $0.66 | $0.31 | $0.00 | $0.04 | $0.21 | $0.31 | $0.24 | $0.10 | $0.43 | $0.81 |
Dividend yield | 1.97% | 2.19% | 4.59% | 2.27% | 0.00% | 0.31% | 1.74% | 2.89% | 2.12% | 0.96% | 4.17% | 7.61% |
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 | $0.06 | $0.00 | $0.00 | $0.06 | |||||||
| 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 | $0.43 | $0.66 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.28 | $0.31 |
| 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 | $0.10 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.24 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.21 | $0.24 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.29 | $0.43 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.79 | $0.81 |
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.
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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.
The current MAI Managed Volatility Fund drawdown is 0.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.69% | Feb 21, 2020 | 22 | Mar 23, 2020 | 159 | Nov 5, 2020 | 181 |
| -13.58% | Oct 4, 2018 | 56 | Dec 24, 2018 | 79 | Apr 18, 2019 | 135 |
| -11.77% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -11.54% | Jan 5, 2022 | 113 | Jun 16, 2022 | 206 | Apr 13, 2023 | 319 |
| -10.25% | May 2, 2011 | 69 | Aug 8, 2011 | 95 | Dec 21, 2011 | 164 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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