Donoghue Forlines Tactical Income Fund (PWRIX)

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Donoghue Forlines Tactical Income Fund (PWRIX) is down 0.3% since the beginning of the year. PWRIX is currently trading at $9 per share. Investors who bought $1,000 worth of PWRIX shares 5 years ago would now be looking at an investment worth $1,052.

Donoghue Forlines Tactical Income Fund (PWRIX) has returned -0.25% so far this year and 2.13% over the past 12 months. Over the last ten years, PWRIX has returned 1.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 3, 2011, PWRIX's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, an investment would double in approximately 36.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +3.5%, while the worst month was Mar 2020 at -7.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 9 months.

On a daily basis, PWRIX closed higher 36% of trading days. The best single day was Mar 13, 2020 with a return of +1.9%, while the worst single day was Mar 18, 2020 at -4.2%.

Donoghue Forlines Tactical Income Fund has an annualized alpha of 0.17%, beta of 0.14, and R2 of 0.37 versus S&P 500 Index. Calculated based on daily prices since January 04, 2011.

• This fund participated in 31.84% of S&P 500 Index downside but only 19.25% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.14 may look defensive, but with R2 of 0.37 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.37 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

PWRIX has a high expense ratio of 1.53%, indicating above-average management fees.

PWRIX ranks 13 for risk / return — in the bottom 13% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Donoghue Forlines Tactical Income Fund (PWRIX) and compare them to S&P 500 Index.

Donoghue Forlines Tactical Income Fund provided a 3.60% dividend yield over the last twelve months, with an annual payout of $0.32 per share.

The table displays the monthly dividend distributions for Donoghue Forlines Tactical Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Donoghue Forlines Tactical Income 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 Tactical Income Fund was 14.55%, occurring on Mar 19, 2020. Recovery took 1113 trading sessions.

The current Donoghue Forlines Tactical Income Fund drawdown is 1.02%.

The chart below shows the rolling one-month volatility.