MH Elite Income Fund of Funds (MHEIX)
The fund invests at least 80% of its total assets in 15 to 25 unaffiliated open-end mutual funds (underlying funds) with an investment objective that seeks to provide current income and/or total return. It may also invest in conservative asset allocation funds, which in turn employ a strategy of investing in a combination of bonds and common stocks, whereby the stock allocation is less than 40%, and equity funds that invest in dividend paying common stocks to generate income.
Fund Info
US55302C4096
Aug 14, 2011
$10,000
Large-Cap
Value
Expense Ratio
MHEIX has a high expense ratio of 1.25%, 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
MH Elite Income Fund of Funds (MHEIX) returned 6.38% year-to-date (YTD) and 6.38% over the past 12 months. Over the past 10 years, MHEIX returned 2.55% annually, underperforming the S&P 500 benchmark at 10.84%.
MHEIX
6.38%
0.78%
6.38%
6.38%
4.00%
3.05%
2.55%
^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 MHEIX, 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 | 3.90% | 0.00% | 1.79% | -0.00% | 0.59% | 6.38% | |||||||
| 2024 | 0.11% | 0.20% | 1.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.73% |
| 2023 | 2.51% | -1.43% | 0.83% | 0.41% | -1.03% | 1.24% | 1.02% | -0.41% | -1.62% | -1.24% | 3.98% | 3.02% | 7.34% |
| 2022 | -3.55% | -1.32% | -0.76% | -2.50% | -0.59% | -3.37% | 2.46% | -1.00% | -4.05% | 1.05% | 2.71% | -0.61% | -11.18% |
| 2021 | 0.06% | -0.37% | -0.18% | 1.29% | 0.18% | 0.54% | 0.72% | 0.36% | -1.07% | 0.54% | -0.90% | 1.27% | 2.44% |
| 2020 | 1.27% | -1.69% | -9.94% | 3.82% | 2.86% | 1.39% | 2.75% | 1.15% | -0.76% | 0.19% | 3.42% | 1.47% | 5.27% |
| 2019 | 3.05% | 1.20% | 0.99% | 0.78% | -0.39% | 1.95% | 0.57% | 0.57% | 0.38% | 0.19% | 0.19% | 1.13% | 11.10% |
| 2018 | 0.07% | -1.17% | 0.20% | -0.39% | 0.00% | -0.20% | 0.79% | 0.20% | 0.00% | -1.57% | 0.20% | -1.39% | -3.24% |
| 2017 | 0.76% | 1.40% | -0.00% | 0.59% | 0.59% | 0.19% | 0.78% | 0.39% | 0.19% | 0.38% | 0.19% | -0.00% | 5.60% |
| 2016 | -0.30% | 0.21% | 2.31% | 0.82% | 0.20% | 1.83% | 1.19% | 0.00% | 0.20% | -0.59% | -1.18% | 0.80% | 5.56% |
| 2015 | 0.41% | 0.59% | -0.20% | 0.59% | -0.20% | -1.38% | 0.20% | -1.39% | -1.01% | 1.63% | -0.60% | -1.01% | -2.38% |
| 2014 | -0.01% | 1.19% | 0.39% | 0.59% | 0.97% | 0.77% | -0.57% | 0.77% | -1.14% | 0.58% | 0.19% | -1.15% | 2.58% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, MHEIX is among the top 8% 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 MH Elite Income Fund of Funds (MHEIX) 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
MH Elite Income Fund of Funds provided a 3.68% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.18 | $0.12 | $0.15 | $0.08 | $0.13 | $0.12 | $0.10 | $0.09 | $0.13 | $0.14 | $0.13 |
Dividend yield | 3.68% | 3.49% | 2.38% | 3.16% | 1.49% | 2.29% | 2.22% | 2.10% | 1.69% | 2.48% | 2.87% | 2.51% |
Monthly Dividends
The table displays the monthly dividend distributions for MH Elite Income Fund of Funds. 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 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | |||||||
| 2024 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2023 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2022 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 |
| 2021 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2020 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2019 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2018 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2017 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2016 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2015 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2014 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
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 MH Elite Income Fund of Funds. 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 MH Elite Income Fund of Funds was 18.25%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current MH Elite Income Fund of Funds drawdown is 0.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.25% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
| -14.9% | Sep 3, 2021 | 285 | Oct 20, 2022 | 557 | Jan 10, 2025 | 842 |
| -5.42% | Apr 29, 2015 | 200 | Feb 11, 2016 | 80 | Jun 7, 2016 | 280 |
| -4.48% | Jan 18, 2018 | 236 | Dec 24, 2018 | 36 | Feb 15, 2019 | 272 |
| -3.05% | Sep 2, 2014 | 75 | Dec 16, 2014 | 78 | Apr 10, 2015 | 153 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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