AXS Income Opportunities Fund (OIOIX)
The fund will invest in U.S. and non-U.S. securities and investment instruments including, but not limited to, equity securities, debt securities, and derivatives. It may invest up to 85% of its net assets in derivatives. The fund may invest without limit in debt securities, provided that no more than 30% of its net assets are invested in debt securities rated below investment grade.
Fund Info
US46144X8002
74925K151
Jun 27, 2013
$100,000
Expense Ratio
OIOIX has a high expense ratio of 1.34%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AXS Income Opportunities 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
AXS Income Opportunities Fund had a return of -1.35% year-to-date (YTD) and 8.93% in the last 12 months. Over the past 10 years, AXS Income Opportunities Fund had an annualized return of 2.72%, while the S&P 500 had an annualized return of 11.31%, indicating that AXS Income Opportunities Fund did not perform as well as the benchmark.
OIOIX
-1.35%
-0.56%
2.18%
8.93%
0.59%
2.72%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of OIOIX, 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 | -0.86% | -1.35% | |||||||||||
| 2024 | -0.57% | 0.57% | 0.38% | -2.05% | 3.20% | 0.49% | 2.57% | 3.94% | 4.90% | 0.17% | -0.64% | -2.53% | 10.63% |
| 2023 | 14.12% | -4.00% | -8.50% | 2.25% | -2.06% | 7.51% | 3.51% | 1.13% | -3.20% | -5.34% | 9.30% | 7.93% | 22.13% |
| 2022 | -2.53% | -2.82% | 3.10% | -6.42% | -0.18% | -8.51% | 8.43% | -3.86% | -11.05% | 0.29% | 7.16% | -4.49% | -20.56% |
| 2021 | 0.24% | 4.14% | 4.77% | 4.02% | 1.45% | 2.12% | 0.47% | -0.10% | -1.21% | 1.99% | -2.85% | 4.57% | 21.10% |
| 2020 | 1.14% | -5.84% | -37.65% | 12.82% | 3.49% | 0.14% | 4.25% | 3.81% | -2.10% | -0.86% | 8.37% | 3.70% | -18.05% |
| 2019 | 8.44% | 2.66% | 2.07% | 0.05% | -0.46% | 1.15% | 1.35% | 0.28% | 1.79% | 0.73% | -0.00% | 1.41% | 20.96% |
| 2018 | -3.85% | -0.46% | -0.32% | 0.61% | 1.44% | 2.15% | 1.56% | 1.35% | -0.98% | -2.01% | -2.89% | -4.94% | -8.30% |
| 2017 | 1.57% | 1.59% | 0.42% | 0.73% | -1.06% | 2.50% | 1.03% | -0.97% | 1.07% | -0.09% | -0.86% | 0.74% | 6.79% |
| 2016 | -5.19% | -0.09% | 5.43% | 1.54% | 2.81% | 2.00% | 3.46% | 0.79% | 0.23% | -0.25% | -1.86% | 0.67% | 9.54% |
| 2015 | 1.45% | 0.52% | -0.18% | -0.04% | -0.40% | -1.24% | -0.54% | -1.25% | -1.68% | 1.79% | -0.90% | -0.39% | -2.89% |
| 2014 | 1.94% | 1.63% | 1.40% | 1.37% | 0.97% | 0.57% | -0.12% | 0.70% | -1.16% | -0.20% | 0.51% | -1.02% | 6.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OIOIX is 57, 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 AXS Income Opportunities Fund (OIOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AXS Income Opportunities Fund provided a 7.09% dividend yield over the last twelve months, with an annual payout of $1.14 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 | $1.14 | $1.14 | $1.12 | $1.09 | $1.13 | $1.16 | $1.43 | $1.57 | $1.64 | $1.71 | $1.56 | $1.57 |
Dividend yield | 7.09% | 7.00% | 7.08% | 7.77% | 5.98% | 6.96% | 6.51% | 8.10% | 7.16% | 7.44% | 6.92% | 6.33% |
Monthly Dividends
The table displays the monthly dividend distributions for AXS Income Opportunities 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 | $0.29 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.29 | $1.14 |
| 2023 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $1.12 |
| 2022 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $1.09 |
| 2021 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.30 | $1.13 |
| 2020 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.28 | $1.16 |
| 2019 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.34 | $1.43 |
| 2018 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 | $1.57 |
| 2017 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.40 | $1.64 |
| 2016 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.42 | $1.71 |
| 2015 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.41 | $1.56 |
| 2014 | $0.48 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $1.57 |
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 AXS Income Opportunities 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 AXS Income Opportunities Fund was 54.24%, occurring on Mar 18, 2020. Recovery took 1113 trading sessions.
The current AXS Income Opportunities Fund drawdown is 5.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.24% | Feb 21, 2020 | 19 | Mar 18, 2020 | 1113 | Aug 20, 2024 | 1132 |
| -14.37% | Mar 3, 2015 | 240 | Feb 11, 2016 | 82 | Jun 9, 2016 | 322 |
| -13.23% | Sep 4, 2018 | 78 | Dec 24, 2018 | 47 | Mar 5, 2019 | 125 |
| -7.07% | Oct 21, 2024 | 57 | Jan 13, 2025 | — | — | — |
| -5.91% | Jul 24, 2017 | 142 | Feb 13, 2018 | 99 | Jul 6, 2018 | 241 |
Volatility
Volatility Chart
The current AXS Income Opportunities Fund volatility is 1.88%, 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.