Ancora Trust - Ancora Dividend Value Equity Fd USD Cls I
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$15.81
$35.3 M
2.60%
$0.41
1.21%
Vitals
YTD Return
6.5%
1 yr return
24.3%
3 Yr Avg Return
8.5%
5 Yr Avg Return
N/A
Net Assets
$35.3 M
Holdings in Top 10
40.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.90%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$5,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$15.81
$35.3 M
2.60%
$0.41
1.21%
ADEIX - Profile
Distributions
- YTD Total Return 6.5%
- 3 Yr Annualized Total Return 8.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.04%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAncora Trust - Ancora Dividend Value Equity Fd USD Cls I
-
Fund Family NameAncora
-
Inception DateMay 07, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Sowerby
Fund Description
ADEIX - Performance
Return Ranking - Trailing
Period | ADEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -4.5% | 22.2% | 80.14% |
1 Yr | 24.3% | -5.0% | 42.6% | 39.98% |
3 Yr | 8.5%* | -2.6% | 31.5% | 54.15% |
5 Yr | N/A* | -0.1% | 44.3% | N/A |
10 Yr | N/A* | 1.3% | 24.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | ADEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -24.9% | 46.1% | 15.71% |
2022 | -12.7% | -65.1% | 4.6% | 55.30% |
2021 | 25.9% | -44.2% | 57.5% | 8.99% |
2020 | 7.4% | -23.2% | 285.0% | 7.25% |
2019 | N/A | -21.4% | 48.5% | N/A |
Total Return Ranking - Trailing
Period | ADEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.5% | -4.5% | 22.2% | 80.14% |
1 Yr | 24.3% | -5.0% | 42.6% | 39.98% |
3 Yr | 8.5%* | -2.6% | 31.5% | 54.15% |
5 Yr | N/A* | -0.1% | 44.3% | N/A |
10 Yr | N/A* | 1.3% | 24.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ADEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.9% | -15.9% | 46.7% | 28.47% |
2022 | -11.4% | -42.0% | 8.5% | 89.84% |
2021 | 27.4% | 3.6% | 129.7% | 34.97% |
2020 | 8.9% | -22.6% | 304.8% | 13.57% |
2019 | N/A | -12.7% | 52.1% | N/A |
NAV & Total Return History
ADEIX - Holdings
Concentration Analysis
ADEIX | Category Low | Category High | ADEIX % Rank | |
---|---|---|---|---|
Net Assets | 35.3 M | 93 | 163 B | 91.27% |
Number of Holdings | 35 | 2 | 1689 | 92.11% |
Net Assets in Top 10 | 14.9 M | 420 K | 33.9 B | 89.79% |
Weighting of Top 10 | 40.64% | 5.6% | 99.9% | 12.97% |
Top 10 Holdings
- AbbVie Inc 5.41%
- The Home Depot Inc 4.29%
- Apple Inc 4.28%
- Broadcom Inc 4.24%
- CVS Health Corp 4.03%
- JPMorgan Chase & Co 4.00%
- Microsoft Corp 3.99%
- Bank of America Corp 3.98%
- Amgen Inc 3.93%
- Chevron Corp 3.69%
Asset Allocation
Weighting | Return Low | Return High | ADEIX % Rank | |
---|---|---|---|---|
Stocks | 95.41% | 1.86% | 108.42% | 85.51% |
Cash | 4.59% | -0.79% | 38.18% | 10.63% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 69.73% |
Other | 0.00% | -3.53% | 39.72% | 69.30% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 67.58% |
Bonds | 0.00% | -0.71% | 73.23% | 68.70% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ADEIX % Rank | |
---|---|---|---|---|
Technology | 20.47% | 0.00% | 54.02% | 5.70% |
Financial Services | 19.40% | 0.00% | 58.05% | 48.79% |
Healthcare | 17.76% | 0.00% | 30.08% | 50.60% |
Consumer Cyclical | 13.20% | 0.00% | 22.74% | 4.23% |
Industrials | 9.58% | 0.00% | 42.76% | 70.73% |
Energy | 7.30% | 0.00% | 54.00% | 60.19% |
Consumer Defense | 4.66% | 0.00% | 34.10% | 85.66% |
Basic Materials | 3.42% | 0.00% | 21.69% | 47.75% |
Real Estate | 2.43% | 0.00% | 90.54% | 54.49% |
Communication Services | 1.79% | 0.00% | 26.58% | 92.75% |
Utilities | 0.00% | 0.00% | 27.04% | 96.37% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ADEIX % Rank | |
---|---|---|---|---|
US | 92.50% | 1.86% | 108.42% | 79.59% |
Non US | 2.91% | 0.00% | 27.89% | 20.50% |
ADEIX - Expenses
Operational Fees
ADEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.01% | 17.54% | 29.84% |
Management Fee | 0.75% | 0.00% | 1.50% | 88.25% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.75% |
Administrative Fee | 0.10% | 0.00% | 0.50% | 56.74% |
Sales Fees
ADEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
ADEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 55.38% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ADEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.90% | 0.00% | 488.00% | 7.51% |
ADEIX - Distributions
Dividend Yield Analysis
ADEIX | Category Low | Category High | ADEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.60% | 0.00% | 36.55% | 75.96% |
Dividend Distribution Analysis
ADEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
ADEIX | Category Low | Category High | ADEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.04% | -1.51% | 4.28% | 68.04% |
Capital Gain Distribution Analysis
ADEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.030 | OrdinaryDividend |
Dec 27, 2023 | $0.103 | OrdinaryDividend |
Sep 27, 2023 | $0.030 | OrdinaryDividend |
Jun 28, 2023 | $0.030 | OrdinaryDividend |
Mar 29, 2023 | $0.030 | OrdinaryDividend |
Dec 28, 2022 | $0.099 | OrdinaryDividend |
Sep 28, 2022 | $0.030 | OrdinaryDividend |
Jun 28, 2022 | $0.030 | OrdinaryDividend |
Mar 29, 2022 | $0.030 | OrdinaryDividend |
Sep 28, 2021 | $0.030 | OrdinaryDividend |
Jun 28, 2021 | $0.030 | OrdinaryDividend |
Mar 29, 2021 | $0.030 | OrdinaryDividend |
Oct 06, 2020 | $0.030 | OrdinaryDividend |
Jun 26, 2020 | $0.030 | OrdinaryDividend |
Mar 27, 2020 | $0.030 | OrdinaryDividend |
Dec 26, 2019 | $0.089 | OrdinaryDividend |
ADEIX - Fund Manager Analysis
Managers
David Sowerby
Start Date
Tenure
Tenure Rank
May 07, 2019
3.07
3.1%
Mr. Sowerby is a portfolio manager for multiple investment strategies at Ancora. Prior to joining Ancora, David was most recently a Portfolio Manager at Loomis, Sayles & Company, where he worked since 1998 and held multiple senior positions. At Loomis, David worked directly with institutional clients on asset allocation strategies and multi-product accounts. Earlier in his career he was a Senior Portfolio Manager for Beacon Investment Management Company. David began his industry career in 1986 providing investment strategy as an Economist for Comerica Bank.
Sonia Mintun
Start Date
Tenure
Tenure Rank
May 07, 2019
3.07
3.1%
Sonia Mintun, CFA joined Ancora in 2008 as a Portfolio Manager. She manages individual and institutional accounts and is responsible for the firm’s High Dividend Equity strategy. She also provides research on large cap value and family wealth strategies. Sonia began her career in 1983 with Bernstein-Macaulay in New York City as an Assistant Vice President and Portfolio Manager. During her six years there, Sonia managed their high-grade and high-yield fixed income products, as well as a $200+ million closed-end mutual bond fund. Sonia also worked as a Portfolio Manager and Head Trader for Westinghouse Credit Corp. where she raised over $200 million through a collateralized debt obligation. She held the position of Portfolio Manager and Analyst for Proper Analysis Corp., followed by her time at First Fiduciary Investment Counsel as Chief Compliance Officer, Vice President and Portfolio Manager. Sonia earned a Bachelor of Science degree with dual majors in Accounting & Finance from Lehigh University. She also holds the CFA designation and is a member of the CFA Society of Cleveland. Sonia has served on the Board of Trustees for the Lehigh University Alumni Association, as the President of the Northern Ohio Lehigh Alumni Association, and on the Leadership Committee at Hawken School. She was previously a writer for Street Insights, a subsidiary of theStreet.com. In 2015, Sonia was a recipient of Crain’s Cleveland Business Women of Note award, and in 2017 she received Crain’s Influential Women in Finance award. In addition, Sonia was appointed to the board of Cecil Bancorp in 2017.
Tom Kennedy
Start Date
Tenure
Tenure Rank
May 07, 2019
3.07
3.1%
Tom Kennedy joined the firm in 2007 as a Senior Portfolio Manager. Tom took on the role as co-portfolio manager for the High Dividend Equity strategy in 2016. He also manages customized portfolios for family wealth clients, corporations and not-for-profit organizations. He is a member of both the Ancora Inverness Investment Committee and the Model Portfolio Investment Committee. Mr. Kennedy began his career in 1996 at an estate planning firm and has vast investment experience focusing on strategic portfolio management and sophisticated wealth planning. His prior roles include financial advisor, registered principal and Certified Financial Manager at Merrill Lynch’s Private Client Group, COO & portfolio manager at Independent Advisors. Tom earned a Bachelor of Science in Business Administration degree in Finance and a Master of Business Administration in Finance degree from John Carroll University. Tom is a FINRA licensed registered representative. He is a level II CFA candidate. Tom is a member of CFA Institute & CFA Society of Cleveland. He is a Member of the Board of Directors of Veggie U and Circuit Technologies.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.01 | 16.42 |