Donoghue Forlines Dividend Fund (PWDIX)
The fund’s investment adviser seeks to achieve its investment objectives by seeking to track the FCF Risk Managed Sector Neutral Dividend Index that provides a formulaic methodology for allocating investment between securities of issuers who demonstrate higher free cash flow and dividend yield and short-term treasuries. The methodology of the index is designed to convey the benefits of high free cash flow and dividend yield, sector diversification and equal weighting.
Fund Info
US66538B8265
66538B826
Nov 6, 2013
$100,000
Mid-Cap
Value
Expense Ratio
PWDIX has a high expense ratio of 1.56%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Donoghue Forlines Dividend 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
Donoghue Forlines Dividend Fund had a return of 8.59% year-to-date (YTD) and 20.40% in the last 12 months. Over the past 10 years, Donoghue Forlines Dividend Fund had an annualized return of 0.92%, while the S&P 500 had an annualized return of 11.31%, indicating that Donoghue Forlines Dividend Fund did not perform as well as the benchmark.
PWDIX
8.59%
2.99%
9.63%
20.40%
7.13%
0.92%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PWDIX, 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 | 5.98% | 8.59% | |||||||||||
| 2024 | -0.72% | 3.61% | 4.61% | -3.12% | 3.00% | -1.98% | 5.73% | 2.60% | 1.04% | -1.36% | 5.32% | -6.25% | 12.34% |
| 2023 | 5.39% | -3.78% | -6.22% | 0.25% | -2.35% | 3.74% | 4.04% | -4.24% | -4.01% | -2.45% | 3.57% | 6.97% | -0.19% |
| 2022 | -2.19% | -0.43% | 3.00% | -5.21% | 4.62% | -10.15% | 3.05% | -2.05% | -4.98% | 6.38% | 3.69% | -4.64% | -9.82% |
| 2021 | 2.68% | 4.56% | 7.72% | 3.02% | 3.73% | -0.28% | -0.66% | 1.55% | -3.77% | 4.32% | -1.64% | 7.15% | 31.54% |
| 2020 | -6.39% | -10.70% | -8.23% | 6.29% | 1.48% | 1.89% | -0.14% | -1.43% | -3.43% | -0.45% | 15.00% | 1.86% | -6.55% |
| 2019 | 0.23% | -0.11% | 0.53% | 0.23% | -8.70% | 4.88% | -0.48% | -5.63% | 1.75% | 1.00% | 1.86% | 2.31% | -2.84% |
| 2018 | 5.05% | -5.72% | -2.84% | 0.75% | -1.58% | -1.28% | 2.67% | 0.75% | 0.19% | -5.02% | -1.32% | -21.00% | -27.71% |
| 2017 | 1.47% | 2.64% | -1.29% | -0.59% | -0.85% | 1.62% | 0.85% | -1.18% | 4.23% | 0.16% | 3.13% | 0.15% | 10.66% |
| 2016 | -0.10% | -0.10% | 3.60% | 1.50% | 0.74% | 0.94% | 4.93% | -0.87% | 0.96% | -3.59% | 5.35% | 0.31% | 14.20% |
| 2015 | -3.40% | 4.54% | -2.82% | 4.13% | -0.88% | -3.54% | -2.04% | -0.19% | -0.04% | -0.10% | -0.10% | -1.91% | -6.52% |
| 2014 | -3.83% | 3.47% | 3.32% | 2.79% | 2.15% | 2.42% | -1.71% | 3.47% | -1.62% | 2.08% | 1.95% | -2.33% | 12.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, PWDIX is among the top 24% 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 Donoghue Forlines Dividend Fund (PWDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Donoghue Forlines Dividend Fund provided a 1.99% dividend yield over the last twelve months, with an annual payout of $0.20 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 | $0.20 | $0.20 | $0.15 | $0.11 | $0.22 | $0.27 | $0.26 | $0.29 | $0.32 | $0.17 | $0.17 | $0.26 |
Dividend yield | 1.99% | 2.16% | 1.74% | 1.30% | 2.31% | 3.65% | 3.10% | 3.31% | 2.56% | 1.44% | 1.65% | 2.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Donoghue Forlines Dividend 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 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.20 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.22 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.26 | $0.27 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.26 |
| 2018 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.26 |
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 Donoghue Forlines Dividend 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 Donoghue Forlines Dividend Fund was 53.55%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Donoghue Forlines Dividend Fund drawdown is 11.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.55% | Jan 29, 2018 | 541 | Mar 23, 2020 | — | — | — |
| -9.42% | Dec 4, 2014 | 297 | Feb 9, 2016 | 106 | Jul 12, 2016 | 403 |
| -6.78% | Sep 9, 2016 | 40 | Nov 3, 2016 | 12 | Nov 21, 2016 | 52 |
| -6.4% | Sep 8, 2014 | 28 | Oct 15, 2014 | 12 | Oct 31, 2014 | 40 |
| -6.19% | Jan 2, 2014 | 22 | Feb 3, 2014 | 20 | Mar 4, 2014 | 42 |
Volatility
Volatility Chart
The current Donoghue Forlines Dividend Fund volatility is 3.13%, 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.