INCMX: FundX Flexible Income

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INCMX FundX Flexible Income


Profile

INCMX - Profile

Vitals

  • YTD Return -8.3%
  • 3 Yr Annualized Return -2.7%
  • 5 Yr Annualized Return -2.2%
  • Net Assets $99.6 M
  • Holdings in Top 10 94.9%

52 WEEK LOW AND HIGH

$26.03
$25.04
$28.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 180.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return -8.3%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    FundX Flexible Income Fund
  • Fund Family Name
    Fund X
  • Inception Date
    Jul 01, 2002
  • Shares Outstanding
    3574183
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Martin DeVault

Fund Description

The fund is a fund-of-funds and as such invests primarily in no-load and load-waived mutual funds, including ETFs ("underlying funds"). The underlying funds invest primarily in individual securities such as common stocks and corporate or government bonds. The fund will invest predominately in bond underlying funds of varying maturity, credit quality (including high-yield securities, or "junk bonds") and regional exposure. It may purchase, without limit, shares of underlying funds that invest in domestic and international corporate or government bonds.


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Categories

Performance

INCMX - Performance

Return Ranking - Trailing

Period INCMX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.3% -50.8% 3.2% 30.26%
1 Yr -3.4% -50.1% 152.8% 19.55%
3 Yr -2.7%* -35.9% 33.8% 34.67%
5 Yr -2.2%* -35.8% 18.3% 39.92%
10 Yr N/A* -6.3% 4.4% 21.88%

* Annualized

Return Ranking - Calendar

Period INCMX Return Category Return Low Category Return High Rank in Category (%)
2019 2.8% -35.1% 156.4% 87.25%
2018 -6.2% -48.0% 0.8% 55.63%
2017 3.3% -14.8% 11.2% 27.61%
2016 0.6% -11.2% 19.1% 83.33%
2015 -7.0% -51.1% 4.0% 78.60%

Total Return Ranking - Trailing

Period INCMX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.3% -50.8% 3.2% 30.26%
1 Yr -3.4% -50.1% 154.8% 19.55%
3 Yr 0.1%* -35.9% 37.9% 14.67%
5 Yr 0.9%* -35.8% 22.2% 14.92%
10 Yr N/A* -6.3% 4.8% 35.94%

* Annualized

Total Return Ranking - Calendar

Period INCMX Return Category Return Low Category Return High Rank in Category (%)
2019 7.9% -35.1% 158.4% 15.07%
2018 -2.8% -48.0% 4.8% 28.13%
2017 6.0% -14.8% 14.0% 21.21%
2016 5.2% -11.2% 22.5% 36.52%
2015 -1.2% -51.1% 4.0% 11.11%

NAV & Total Return History


Holdings

INCMX - Holdings

Concentration Analysis

INCMX Category Low Category High INCMX % Rank
Net Assets 99.6 M 351 K 137 B 76.23%
Number of Holdings 13 6 7410 97.55%
Net Assets in Top 10 94.6 M -41 B 6.16 B 44.41%
Weighting of Top 10 94.92% 4.1% 214.0% 3.36%

Top 10 Holdings

  1. iShares iBoxx $ Invmt Grade Corp Bd ETF 25.54%
  2. PIMCO Active Bond ETF 9.84%
  3. Loomis Sayles Bond Instl 9.66%
  4. Fidelity® Capital & Income 9.61%
  5. Fidelity® Real Estate Income 9.46%
  6. Vanguard Wellesley® Income Admiral™ 9.43%
  7. Vanguard Total Bond Market ETF 6.74%
  8. Federated Strategic Income IS 4.95%
  9. Columbia High Yield Bond Inst2 4.87%
  10. SPDR® Blmbg Barclays High Yield Bd ETF 4.83%

Asset Allocation

Weighting Return Low Return High INCMX % Rank
Bonds
78.32% 31.46% 195.17% 88.08%
Stocks
9.64% -9.73% 27.98% 7.59%
Cash
4.70% -102.73% 49.23% 52.59%
Convertible Bonds
3.19% 0.00% 12.05% 23.98%
Preferred Stocks
3.04% 0.00% 54.19% 10.90%
Other
1.10% -32.79% 30.50% 11.44%

Stock Sector Breakdown

Weighting Return Low Return High INCMX % Rank
Real Estate
29.68% 0.00% 100.00% 8.37%
Healthcare
12.31% 0.00% 50.00% 17.13%
Financial Services
11.05% 0.00% 100.00% 34.26%
Technology
9.73% 0.00% 52.93% 22.31%
Communication Services
9.46% 0.00% 100.00% 35.86%
Industrials
6.81% 0.00% 100.00% 20.32%
Consumer Cyclical
6.11% 0.00% 100.00% 37.45%
Consumer Defense
5.88% 0.00% 26.81% 12.75%
Utilities
4.23% 0.00% 100.00% 27.89%
Energy
3.80% 0.00% 100.00% 29.48%
Basic Materials
0.95% 0.00% 100.00% 21.51%

Stock Geographic Breakdown

Weighting Return Low Return High INCMX % Rank
US
8.85% -0.81% 27.05% 5.72%
Non US
0.79% -9.82% 9.95% 10.90%

Bond Sector Breakdown

Weighting Return Low Return High INCMX % Rank
Corporate
71.79% 0.00% 94.01% 11.17%
Securitized
12.35% 0.00% 99.12% 69.21%
Government
9.05% 0.00% 99.36% 62.13%
Cash & Equivalents
5.96% 0.62% 48.65% 52.32%
Municipal
0.81% 0.00% 36.27% 23.16%
Derivative
0.04% -1.18% 43.63% 40.05%

Bond Geographic Breakdown

Weighting Return Low Return High INCMX % Rank
US
66.13% 14.90% 194.76% 59.40%
Non US
12.19% -15.80% 72.18% 71.12%

Expenses

INCMX - Expenses

Operational Fees

INCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.06% 24.26% 65.28%
Management Fee 0.70% 0.00% 2.25% 73.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 63.43%

Sales Fees

INCMX 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 1.00% 5.50% N/A

Trading Fees

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

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.

INCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 180.00% 0.00% 472.00% 87.07%

Distributions

INCMX - Distributions

Dividend Yield Analysis

INCMX Category Low Category High INCMX % Rank
Dividend Yield 0.00% 0.00% 5.91% 61.72%

Dividend Distribution Analysis

INCMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

INCMX Category Low Category High INCMX % Rank
Net Income Ratio 2.15% 0.87% 10.10% 96.68%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

INCMX - Fund Manager Analysis

Managers

Martin DeVault


Start Date

Tenure

Tenure Rank

Jul 01, 2002

17.68

17.7%

Martin DeVault is Principal and Portfolio Manager with FundX Investment Group, LLC since 1992.

Janet Brown


Start Date

Tenure

Tenure Rank

Jul 01, 2002

17.68

17.7%

Janet Brown is a president and portfolio manager with FundX Investment Group, LLC since 1978.

Sean McKeon


Start Date

Tenure

Tenure Rank

Jul 01, 2002

17.68

17.7%

McKeon is principal and portfolio manager with FundX Investment Group, LLC since 1990.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 28.81 5.54 3.67