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FSIMX Salient Select Income Advisor

  • Fund
  • FSIMX
  • Price as of: N/A
  • N/A N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

FSIMX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 5.1%
  • Net Assets $488 M
  • Holdings in Top 10 31.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

$100,000

Fund Classification

PRIMARY CATEGORY

N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Preferred Stock

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Salient Select Income Fund
  • Fund Family Name N/A
  • Inception Date Apr 28, 2006
  • Shares Outstanding 10664193
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States

Fund Description

Under normal conditions, the fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. It invests primarily in securities of companies in the real estate industry, such as real estate investment trusts ("REITs"), master limited partnerships and other real estate firms.

FSIMX - Categories

FSIMX - Performance

Return Ranking - Trailing

Period FSIMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 5.0% 22.1% N/A
1 Yr 7.4% -8.1% 7.3% N/A
3 Yr 6.3%* -4.7% 9.0% N/A
5 Yr 5.1%* -4.2% 4.2% N/A
10 Yr 16.4%* -0.1% 7.6% N/A

* Annualized


Return Ranking - Calendar

Period FSIMX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -15.3% -2.5% N/A
2017 N/A -7.8% 14.8% N/A
2016 N/A -2.1% 8.7% N/A
2015 N/A -17.9% 1.4% N/A
2014 N/A -6.8% 10.0% N/A

Total Return Ranking - Trailing

Period FSIMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 5.0% 22.1% N/A
1 Yr 7.4% -7.7% 13.7% N/A
3 Yr 6.3%* -0.2% 15.0% N/A
5 Yr 5.1%* -1.8% 10.3% N/A
10 Yr 16.4%* 2.3% 16.7% N/A

* Annualized


Total Return Ranking - Calendar

Period FSIMX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -15.2% 4.5% N/A
2017 N/A 0.9% 18.3% N/A
2016 N/A -2.1% 20.1% N/A
2015 N/A -17.2% 6.2% N/A
2014 N/A -2.2% 23.8% N/A

NAV & Total Return History

FSIMX - Holdings

Concentration Analysis

FSIMX Category Low Category High FSIMX % Rank
Net Assets 488 M 45.7 M 7.62 B N/A
Number of Holdings 62 15 323 N/A
Net Assets in Top 10 153 M 22.8 M 1.08 B N/A
Weighting of Top 10 31.75% 15.5% 91.1% N/A

Top 10 Holdings

  1. Istar 3.48%

  2. Lexington Realty Trust 6.50% Series C Cumulative Convertible Preferred Stoc 3.37%

  3. Braemar Hotels & Resorts Inc B 3.23%

  4. RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A- 3.15%

  5. Farmland Partners Inc Participating Preferred 3.10%

  6. UMH Properties Inc 6.75 % Cum Conv Red Pfd Registered Shs Series -C- 3.02%

  7. Chatham Lodging Trust 2.97%

  8. Brookfield Property Partners LP 2.87%

  9. Consolidated Tomoka Land Co 4.5% 2.87%

  10. RPT Realty 0% 2.61%


Asset Allocation

Weighting Return Low Return High FSIMX % Rank
Preferred Stocks
57.18% 0.00% 81.38% N/A
Stocks
27.59% 0.00% 29.12% N/A
Other
5.65% 0.00% 7.34% N/A
Cash
5.06% -2.58% 10.26% N/A
Convertible Bonds
3.03% 1.11% 98.86% N/A
Bonds
1.50% 0.00% 67.73% N/A

Stock Sector Breakdown

Weighting Return Low Return High FSIMX % Rank
Real Estate
27.59% 0.00% 27.18% N/A
Utilities
0.00% 0.00% 8.38% N/A
Technology
0.00% 0.00% 3.87% N/A
Industrials
0.00% 0.00% 3.10% N/A
Healthcare
0.00% 0.00% 2.28% N/A
Financial Services
0.00% 0.00% 1.65% N/A
Energy
0.00% 0.00% 1.17% N/A
Communication Services
0.00% 0.00% 1.34% N/A
Consumer Defense
0.00% 0.00% 1.32% N/A
Consumer Cyclical
0.00% 0.00% 3.86% N/A
Basic Materials
0.00% 0.00% 1.60% N/A

Stock Geographic Breakdown

Weighting Return Low Return High FSIMX % Rank
US
27.59% 0.00% 29.12% N/A
Non US
0.00% 0.00% 3.95% N/A

Bond Sector Breakdown

Weighting Return Low Return High FSIMX % Rank
Corporate
61.70% 11.08% 99.76% N/A
Cash & Equivalents
5.06% -2.58% 9.96% N/A
Derivative
0.00% 0.00% 1.99% N/A
Securitized
0.00% 0.00% 59.40% N/A
Municipal
0.00% 0.00% 0.00% N/A
Government
0.00% 0.00% 2.43% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FSIMX % Rank
US
1.50% 0.00% 63.67% N/A
Non US
0.00% 0.00% 22.35% N/A

FSIMX - Expenses

Operational Fees

FSIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.60% 0.46% 4.01% N/A
Management Fee 1.00% 0.26% 1.15% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.07% 0.01% 0.30% N/A

Sales Fees

FSIMX 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

FSIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover 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.

FSIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 7.00% 213.00% N/A

FSIMX - Distributions

Dividend Yield Analysis

FSIMX Category Low Category High FSIMX % Rank
Dividend Yield 0.00% 0.00% 0.05% N/A

Dividend Distribution Analysis

FSIMX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

FSIMX Category Low Category High FSIMX % Rank
Net Income Ratio 3.14% -0.03% 5.51% N/A

Capital Gain Distribution Analysis

FSIMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

FSIMX - Managers

Tenure Analysis

Category Low

0.25

Category High

34.05

Category Average

9.6

Category Mode

8.5