FundX Flexible Income
- INCMX
- Price as of: Jan 22, 2021
-
$27.72
N/A N/A
- Primary Theme
- Bond Sector Diversified
- Fund Company
- Fund X
- Share Class
INCMX - Snapshot
Vitals
- YTD Return -1.8%
- 3 Yr Annualized Return 2.1%
- 5 Yr Annualized Return 3.5%
- Net Assets $79.9 M
- Holdings in Top 10 89.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.01%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 262.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $1,000
Fund Classification
-
Primary Theme
Bond Sector Diversified
- Fund Type Open End Mutual Fund
- Investment Style Multisector Bond
INCMX - Profile
Distributions
- YTD Total Return -1.8%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 3.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFundX Flexible Income Fund
-
Fund Family NameFund X
-
Inception DateJul 01, 2002
-
Shares Outstanding2833328
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMartin 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.
INCMX - Performance
Return Ranking - Trailing
Period | INCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.8% | -4.7% | 7.0% | 99.07% |
1 Yr | 1.4% | -28.6% | 24.1% | 80.84% |
3 Yr | 2.1%* | -17.9% | 10.4% | 85.58% |
5 Yr | 3.5%* | -11.9% | 14.1% | 79.29% |
10 Yr | 3.1%* | -1.2% | 13.0% | 74.02% |
* Annualized
Return Ranking - Calendar
Period | INCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -0.7% | -49.2% | 314.3% | 67.05% |
2019 | 2.8% | -35.1% | 15.3% | 71.43% |
2018 | -6.2% | -48.0% | 3.1% | 64.22% |
2017 | 3.3% | -14.8% | 11.2% | 21.72% |
2016 | 0.6% | -11.2% | 10.7% | 78.68% |
Total Return Ranking - Trailing
Period | INCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.8% | -4.7% | 7.0% | 99.07% |
1 Yr | 1.4% | -31.1% | 24.1% | 74.01% |
3 Yr | 2.1%* | -19.5% | 10.4% | 81.35% |
5 Yr | 3.5%* | -12.9% | 14.1% | 76.06% |
10 Yr | 3.1%* | -1.2% | 13.0% | 71.60% |
* Annualized
Total Return Ranking - Calendar
Period | INCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -0.7% | -49.2% | 314.3% | 67.05% |
2019 | 7.9% | -35.1% | 15.3% | 10.71% |
2018 | -2.8% | -48.0% | 8.0% | 38.50% |
2017 | 6.0% | -14.8% | 15.2% | 15.33% |
2016 | 5.2% | -11.2% | 17.7% | 37.60% |
NAV & Total Return History
INCMX - Holdings
Concentration Analysis
INCMX | Category Low | Category High | INCMX % Rank | |
---|---|---|---|---|
Net Assets | 79.9 M | 10 | 132 B | 83.10% |
Number of Holdings | 14 | 3 | 7676 | 93.50% |
Net Assets in Top 10 | 71.1 M | -2.73 B | 12 B | 49.46% |
Weighting of Top 10 | 88.97% | 4.8% | 100.0% | 6.84% |
Top 10 Holdings
- Fidelity® Capital & Income 11.17%
- Osterweis Strategic Income 11.17%
- Permanent Portfolio Permanent I 10.97%
- Vanguard Wellesley® Income Admiral⢠10.72%
- Guggenheim Total Return Bond Instl 10.63%
- Metropolitan West High Yield Bond I 10.04%
- Spdr® Blmbg Barclays High Yield Bd Etf 8.79%
- Calvert Short Duration Income I 5.41%
- Carillon Reams Unconstrained Bond I 5.30%
- Fidelity® Real Estate Income 4.77%
Asset Allocation
Weighting | Return Low | Return High | INCMX % Rank | |
---|---|---|---|---|
Bonds | 73.01% | -262.75% | 9989800.00% | 82.23% |
Stocks | 12.97% | -91.60% | 170.77% | 1.21% |
Cash | 7.34% | -229.11% | 362.75% | 44.44% |
Other | 2.59% | -42.24% | 120.57% | 10.57% |
Convertible Bonds | 2.49% | 0.00% | 179.84% | 38.75% |
Preferred Stocks | 1.59% | 0.00% | 35.26% | 15.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | INCMX % Rank | |
---|---|---|---|---|
Real Estate | 18.30% | 0.00% | 100.00% | 14.70% |
Technology | 10.24% | 0.00% | 100.00% | 21.95% |
Financial Services | 10.00% | 0.00% | 100.00% | 33.75% |
Industrials | 9.65% | 0.00% | 100.00% | 22.77% |
Healthcare | 9.61% | 0.00% | 80.00% | 22.57% |
Communication Services | 9.45% | 0.00% | 100.00% | 25.47% |
Energy | 8.69% | 0.00% | 100.00% | 30.02% |
Basic Materials | 8.25% | 0.00% | 100.00% | 9.94% |
Consumer Defense | 6.18% | 0.00% | 93.82% | 13.25% |
Consumer Cyclical | 5.88% | 0.00% | 100.00% | 28.36% |
Utilities | 3.74% | 0.00% | 100.00% | 24.43% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | INCMX % Rank | |
---|---|---|---|---|
US | 12.04% | -87.24% | 170.77% | 1.22% |
Non US | 0.93% | -4.36% | 8.33% | 2.98% |
Bond Sector Breakdown
Weighting | Return Low | Return High | INCMX % Rank | |
---|---|---|---|---|
Corporate | 74.01% | 0.00% | 99.91% | 12.47% |
Securitized | 9.34% | 0.00% | 99.25% | 66.26% |
Cash & Equivalents | 8.41% | 0.00% | 100.00% | 44.72% |
Government | 6.81% | 0.00% | 98.23% | 58.94% |
Municipal | 0.74% | 0.00% | 42.12% | 18.43% |
Derivative | 0.70% | 0.00% | 66.79% | 35.91% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | INCMX % Rank | |
---|---|---|---|---|
US | 62.59% | -262.75% | 217.49% | 52.57% |
Non US | 10.42% | -13.39% | 231.13% | 74.80% |
INCMX - Expenses
Operational Fees
INCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.01% | 0.01% | 14.61% | 62.41% |
Management Fee | 0.70% | 0.00% | 2.25% | 70.17% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | 63.43% |
Sales Fees
INCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 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 | 0.40% | 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 | 262.00% | 0.00% | 493.00% | 90.08% |
INCMX - Distributions
Dividend Yield Analysis
INCMX | Category Low | Category High | INCMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.34% | 79.00% |
Dividend Distribution Analysis
INCMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
INCMX | Category Low | Category High | INCMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.77% | -1.55% | 18.14% | 90.42% |
Capital Gain Distribution Analysis
INCMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Jan 02, 2019 | $1.322 |
Jan 02, 2018 | $1.023 |
Jan 03, 2017 | $0.748 |
Jan 04, 2016 | $1.246 |
INCMX - Fund Manager Analysis
Managers
Martin DeVault
Start Date
Tenure
Tenure Rank
Jul 01, 2002
18.52
18.5%
Martin DeVault is Principal and Portfolio Manager with FundX Investment Group, LLC since 1992.
Janet Brown
Start Date
Tenure
Tenure Rank
Jul 01, 2002
18.52
18.5%
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
18.52
18.5%
McKeon is principal and portfolio manager with FundX Investment Group, LLC since 1990.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 29.65 | 5.5 | 2.0 |