DSS AmericaFirst Income Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.1%
1 yr return
6.7%
3 Yr Avg Return
0.7%
5 Yr Avg Return
1.7%
Net Assets
$18.6 M
Holdings in Top 10
28.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AFPIX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 0.7%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.15%
- Dividend Yield 9.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDSS AmericaFirst Income Fund
-
Fund Family NameDSS AmericaFirst Quantitative Funds
-
Inception DateJan 07, 2013
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRick Gonsalves
Fund Description
The Fund seeks to provide investors with a stream of income through dividends and interest; and total return through capital appreciation, together, with lower volatility than the overall stock market. To achieve this goal, the Fund’s Advisor employs a comprehensive approach incorporating screening, macroeconomic analysis, fundamental analysis and technical analysis. Securities that the Fund invests in may include (but are not limited to) stocks, preferred stocks, master limited partnerships (“MLPs”), convertible preferred stock, convertible bonds, real estate investment trusts (“REITs”), and bonds (including high-yield securities, commonly called “junk bonds”). The Fund may hold significantly higher than normal short-term cash positions during rebalancing or when market conditions warrant. The Fund invests without restriction as to issuer capitalization, maturity, credit quality or whether the security is foreign or domestic. Foreign bonds may include both domestic and sovereign bonds. Additionally, the Fund may invest in the shares of investment companies that are exchange-traded funds (“ETFs”) that invest in securities that are consistent with the Fund’s investment objective and policies. These ETFs include those with inverse market exposure and leveraged ETFs. Inverse ETFs are designed to produce results opposite to market direction, which may serve to hedge portfolio investments. Inverse ETFs seek daily investment results, before fees and expenses, which correspond to the inverse (opposite) of the daily performance of a specific benchmark, such as the S&P 500 Index. The Advisor does not rebalance inverse ETFs positions daily to adjust for daily changes in the reference index. Leveraged ETFs seek to use financial derivatives and debt to amplify the returns of an underlying index.
AFPIX - Performance
Return Ranking - Trailing
Period | AFPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.0% | 22.1% | 99.32% |
1 Yr | 6.7% | -0.6% | 52.0% | 98.31% |
3 Yr | 0.7%* | -6.6% | 11.7% | 97.20% |
5 Yr | 1.7%* | 0.5% | 14.5% | 99.23% |
10 Yr | 1.1%* | -0.3% | 11.6% | 99.04% |
* Annualized
Return Ranking - Calendar
Period | AFPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.2% | -6.9% | 29.3% | 98.98% |
2022 | -16.1% | -37.4% | -8.2% | 17.36% |
2021 | 8.9% | -9.8% | 25.4% | 42.40% |
2020 | -14.1% | -21.0% | 25.4% | 97.76% |
2019 | 1.6% | -8.3% | 27.9% | 98.08% |
Total Return Ranking - Trailing
Period | AFPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.0% | 22.1% | 99.32% |
1 Yr | 6.7% | -0.6% | 52.0% | 98.31% |
3 Yr | 0.7%* | -6.6% | 11.7% | 97.20% |
5 Yr | 1.7%* | 0.5% | 14.5% | 99.23% |
10 Yr | 1.1%* | -0.3% | 11.6% | 99.04% |
* Annualized
Total Return Ranking - Calendar
Period | AFPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.6% | -0.9% | 33.0% | 98.31% |
2022 | -8.6% | -36.0% | -0.9% | 13.19% |
2021 | 17.6% | -7.8% | 33.9% | 26.50% |
2020 | -6.2% | -16.2% | 25.4% | 97.76% |
2019 | 8.5% | 7.3% | 34.8% | 99.23% |
NAV & Total Return History
AFPIX - Holdings
Concentration Analysis
AFPIX | Category Low | Category High | AFPIX % Rank | |
---|---|---|---|---|
Net Assets | 18.6 M | 1.11 M | 113 B | 96.30% |
Number of Holdings | 52 | 4 | 2503 | 33.33% |
Net Assets in Top 10 | 5.74 M | 1.06 M | 26.7 B | 97.98% |
Weighting of Top 10 | 28.00% | 19.8% | 102.8% | 83.84% |
Top 10 Holdings
- Broadcom Inc. 4.16%
- Nordic American Tankers Limited 3.02%
- PennantPark Floating Rate Capital Ltd. 2.96%
- Federated Prime Obligations 2.79%
- M.D.C. Holdings Inc. 2.64%
- Thermo Fisher Scientific Inc. 2.54%
- Blackstone Inc. 2.53%
- Seagate Technology Holdings PLC 2.50%
- iShares Treasury Floating Rate Bond ETF 2.46%
- Sirius XM Holdings Inc. 2.40%
Asset Allocation
Weighting | Return Low | Return High | AFPIX % Rank | |
---|---|---|---|---|
Stocks | 96.26% | 0.00% | 100.68% | 52.53% |
Cash | 3.74% | -7.71% | 88.58% | 30.98% |
Preferred Stocks | 0.00% | 0.00% | 18.32% | 37.04% |
Other | 0.00% | -0.24% | 31.76% | 36.03% |
Convertible Bonds | 0.00% | 0.00% | 26.48% | 91.86% |
Bonds | 0.00% | 0.00% | 104.15% | 48.48% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AFPIX % Rank | |
---|---|---|---|---|
Financial Services | 32.38% | 0.28% | 52.80% | 2.03% |
Healthcare | 12.09% | 0.00% | 36.30% | 69.49% |
Energy | 11.16% | 0.00% | 29.22% | 4.07% |
Consumer Cyclical | 9.75% | 0.00% | 16.01% | 68.47% |
Real Estate | 8.95% | 0.00% | 33.86% | 6.44% |
Technology | 7.70% | 3.31% | 52.93% | 96.27% |
Communication Services | 6.20% | 0.00% | 26.62% | 65.42% |
Industrials | 5.84% | 1.16% | 32.55% | 96.95% |
Basic Materials | 4.04% | 0.00% | 11.49% | 73.56% |
Consumer Defense | 1.88% | 0.00% | 14.86% | 95.93% |
Utilities | 0.00% | 0.00% | 31.67% | 96.61% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AFPIX % Rank | |
---|---|---|---|---|
US | 96.26% | 0.00% | 100.68% | 52.53% |
Non US | 0.00% | 0.00% | 20.19% | 41.75% |
AFPIX - Expenses
Operational Fees
AFPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.39% | 0.04% | 4.67% | 2.36% |
Management Fee | 1.25% | 0.00% | 1.25% | 99.33% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 1.71% |
Administrative Fee | N/A | 0.01% | 0.28% | 76.80% |
Sales Fees
AFPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AFPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 0.00% | 2.00% | 33.33% |
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.
AFPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 4.00% | 236.00% | 94.81% |
AFPIX - Distributions
Dividend Yield Analysis
AFPIX | Category Low | Category High | AFPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.64% | 0.00% | 10.56% | 0.67% |
Dividend Distribution Analysis
AFPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
AFPIX | Category Low | Category High | AFPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -1.12% | 6.07% | 42.36% |
Capital Gain Distribution Analysis
AFPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.038 | OrdinaryDividend |
Feb 28, 2024 | $0.038 | OrdinaryDividend |
Jan 30, 2024 | $0.038 | OrdinaryDividend |
Dec 28, 2023 | $0.038 | OrdinaryDividend |
Nov 29, 2023 | $0.038 | OrdinaryDividend |
Oct 30, 2023 | $0.038 | OrdinaryDividend |
Sep 28, 2023 | $0.038 | OrdinaryDividend |
Aug 30, 2023 | $0.038 | OrdinaryDividend |
Jul 28, 2023 | $0.038 | OrdinaryDividend |
Jun 29, 2023 | $0.038 | OrdinaryDividend |
May 30, 2023 | $0.038 | OrdinaryDividend |
Apr 27, 2023 | $0.038 | OrdinaryDividend |
Mar 30, 2023 | $0.038 | OrdinaryDividend |
Feb 27, 2023 | $0.038 | OrdinaryDividend |
Jan 30, 2023 | $0.038 | OrdinaryDividend |
Dec 29, 2022 | $0.038 | OrdinaryDividend |
Nov 29, 2022 | $0.038 | OrdinaryDividend |
Oct 28, 2022 | $0.038 | OrdinaryDividend |
Sep 29, 2022 | $0.038 | OrdinaryDividend |
Aug 30, 2022 | $0.038 | OrdinaryDividend |
Jul 28, 2022 | $0.038 | OrdinaryDividend |
Jun 29, 2022 | $0.038 | OrdinaryDividend |
May 27, 2022 | $0.038 | OrdinaryDividend |
Apr 28, 2022 | $0.038 | OrdinaryDividend |
Mar 30, 2022 | $0.038 | OrdinaryDividend |
Feb 25, 2022 | $0.038 | OrdinaryDividend |
Jan 28, 2022 | $0.038 | OrdinaryDividend |
Dec 30, 2021 | $0.025 | OrdinaryDividend |
Nov 29, 2021 | $0.001 | OrdinaryDividend |
Aug 30, 2021 | $0.004 | OrdinaryDividend |
Jun 29, 2021 | $0.001 | OrdinaryDividend |
May 27, 2021 | $0.005 | OrdinaryDividend |
Apr 29, 2021 | $0.001 | OrdinaryDividend |
Mar 30, 2021 | $0.012 | OrdinaryDividend |
Feb 25, 2021 | $0.012 | OrdinaryDividend |
Dec 30, 2020 | $0.021 | OrdinaryDividend |
Nov 27, 2020 | $0.025 | OrdinaryDividend |
Sep 29, 2020 | $0.027 | OrdinaryDividend |
Aug 28, 2020 | $0.007 | OrdinaryDividend |
Jul 30, 2020 | $0.021 | OrdinaryDividend |
Jun 29, 2020 | $0.038 | OrdinaryDividend |
Apr 29, 2020 | $0.003 | OrdinaryDividend |
Mar 30, 2020 | $0.006 | OrdinaryDividend |
Feb 27, 2020 | $0.015 | OrdinaryDividend |
Dec 30, 2019 | $0.038 | OrdinaryDividend |
Nov 27, 2019 | $0.038 | OrdinaryDividend |
Oct 30, 2019 | $0.038 | OrdinaryDividend |
Sep 27, 2019 | $0.038 | OrdinaryDividend |
Aug 29, 2019 | $0.038 | OrdinaryDividend |
Jul 30, 2019 | $0.038 | OrdinaryDividend |
May 30, 2019 | $0.038 | OrdinaryDividend |
Apr 29, 2019 | $0.038 | OrdinaryDividend |
Mar 28, 2019 | $0.038 | OrdinaryDividend |
Feb 27, 2019 | $0.038 | OrdinaryDividend |
Jan 30, 2019 | $0.038 | OrdinaryDividend |
Dec 28, 2018 | $0.038 | OrdinaryDividend |
Nov 29, 2018 | $0.038 | OrdinaryDividend |
Oct 30, 2018 | $0.038 | OrdinaryDividend |
Aug 30, 2018 | $0.038 | OrdinaryDividend |
Jul 30, 2018 | $0.038 | OrdinaryDividend |
Jun 28, 2018 | $0.038 | OrdinaryDividend |
May 30, 2018 | $0.038 | OrdinaryDividend |
Apr 27, 2018 | $0.038 | OrdinaryDividend |
Mar 28, 2018 | $0.038 | OrdinaryDividend |
Feb 27, 2018 | $0.038 | OrdinaryDividend |
Jan 30, 2018 | $0.038 | OrdinaryDividend |
Dec 28, 2017 | $0.038 | OrdinaryDividend |
Nov 29, 2017 | $0.038 | OrdinaryDividend |
Oct 30, 2017 | $0.038 | OrdinaryDividend |
Sep 28, 2017 | $0.038 | OrdinaryDividend |
Aug 30, 2017 | $0.038 | OrdinaryDividend |
Jul 28, 2017 | $0.038 | OrdinaryDividend |
Jun 29, 2017 | $0.028 | OrdinaryDividend |
May 30, 2017 | $0.028 | OrdinaryDividend |
Apr 27, 2017 | $0.038 | OrdinaryDividend |
Mar 30, 2017 | $0.039 | OrdinaryDividend |
Feb 27, 2017 | $0.038 | OrdinaryDividend |
Jan 30, 2017 | $0.039 | OrdinaryDividend |
Dec 29, 2016 | $0.039 | OrdinaryDividend |
Nov 29, 2016 | $0.038 | OrdinaryDividend |
Oct 28, 2016 | $0.038 | OrdinaryDividend |
Sep 29, 2016 | $0.038 | OrdinaryDividend |
Aug 30, 2016 | $0.039 | OrdinaryDividend |
Jul 28, 2016 | $0.038 | OrdinaryDividend |
Jun 29, 2016 | $0.039 | OrdinaryDividend |
May 27, 2016 | $0.040 | OrdinaryDividend |
Apr 28, 2016 | $0.040 | OrdinaryDividend |
Mar 30, 2016 | $0.040 | OrdinaryDividend |
Feb 26, 2016 | $0.040 | OrdinaryDividend |
Jan 28, 2016 | $0.040 | OrdinaryDividend |
Dec 30, 2015 | $0.051 | OrdinaryDividend |
Nov 27, 2015 | $0.051 | OrdinaryDividend |
Oct 29, 2015 | $0.051 | OrdinaryDividend |
Sep 29, 2015 | $0.051 | OrdinaryDividend |
Aug 28, 2015 | $0.051 | OrdinaryDividend |
Jul 30, 2015 | $0.051 | OrdinaryDividend |
Jun 29, 2015 | $0.051 | OrdinaryDividend |
May 28, 2015 | $0.051 | OrdinaryDividend |
Apr 29, 2015 | $0.051 | OrdinaryDividend |
Mar 30, 2015 | $0.051 | OrdinaryDividend |
Feb 26, 2015 | $0.051 | OrdinaryDividend |
Jan 29, 2015 | $0.051 | OrdinaryDividend |
Dec 30, 2014 | $0.059 | OrdinaryDividend |
Nov 26, 2014 | $0.058 | OrdinaryDividend |
Oct 30, 2014 | $0.059 | OrdinaryDividend |
Sep 29, 2014 | $0.059 | OrdinaryDividend |
Aug 28, 2014 | $0.059 | OrdinaryDividend |
Jul 30, 2014 | $0.059 | OrdinaryDividend |
Jun 27, 2014 | $0.059 | OrdinaryDividend |
May 29, 2014 | $0.059 | OrdinaryDividend |
Apr 29, 2014 | $0.059 | OrdinaryDividend |
Mar 28, 2014 | $0.059 | OrdinaryDividend |
Feb 28, 2014 | $0.058 | OrdinaryDividend |
Jan 31, 2014 | $0.061 | OrdinaryDividend |
Dec 20, 2013 | $0.058 | OrdinaryDividend |
Nov 29, 2013 | $0.059 | OrdinaryDividend |
Oct 31, 2013 | $0.059 | OrdinaryDividend |
Sep 30, 2013 | $0.059 | OrdinaryDividend |
Aug 30, 2013 | $0.059 | OrdinaryDividend |
Jul 31, 2013 | $0.059 | OrdinaryDividend |
Jun 28, 2013 | $0.058 | OrdinaryDividend |
May 31, 2013 | $0.059 | OrdinaryDividend |
Apr 30, 2013 | $0.059 | OrdinaryDividend |
Mar 28, 2013 | $0.058 | OrdinaryDividend |
Feb 28, 2013 | $0.059 | OrdinaryDividend |
Jan 31, 2013 | $0.059 | OrdinaryDividend |
Dec 31, 2012 | $0.181 | OrdinaryDividend |
AFPIX - Fund Manager Analysis
Managers
Rick Gonsalves
Start Date
Tenure
Tenure Rank
Jul 01, 2010
11.92
11.9%
Rick Gonsalves is the co-founder and President of AmericaFirst Capital Management, LLC. Mr. Gonsalves co-founded AmericaFirst Capital Management, LLC in January 2007. He currently serves as President and Chief Executive Officer, positions he has held since the Advisor’s inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 38.44 | 7.41 | 2.41 |