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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

AXS Income Opportunities Fund

OIOIX | Fund

$16.82

$146 M

6.25%

$1.05

1.45%

Vitals

YTD Return

-11.2%

1 yr return

-4.3%

3 Yr Avg Return

-1.2%

5 Yr Avg Return

0.7%

Net Assets

$146 M

Holdings in Top 10

28.7%

52 WEEK LOW AND HIGH

$16.8
$15.14
$19.32

Expenses

OPERATING FEES

Expense Ratio 1.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 149.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

$100,000

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Preferred Stock

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

AXS Income Opportunities Fund

OIOIX | Fund

$16.82

$146 M

6.25%

$1.05

1.45%

OIOIX - Profile

Distributions

  • YTD Total Return -11.2%
  • 3 Yr Annualized Total Return -1.2%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.85%
DIVIDENDS
  • Dividend Yield 6.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    AXS Income Opportunities Fund
  • Fund Family Name
    AXS
  • Inception Date
    Jun 28, 2013
  • Shares Outstanding
    7683370
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ian Goltra

Fund Description

The fund will invest in U.S. and non-U.S. securities and investment instruments including, but not limited to, equity securities, debt securities, and derivatives. It may invest up to 85% of its net assets in derivatives. The fund may invest without limit in debt securities, provided that no more than 30% of its net assets are invested in debt securities rated below investment grade.

OIOIX - Performance

Return Ranking - Trailing

Period OIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -16.3% 0.1% 78.65%
1 Yr -4.3% -10.8% 2.9% 19.51%
3 Yr -1.2%* -2.2% 13.5% 97.44%
5 Yr 0.7%* -0.3% 12.6% 97.18%
10 Yr N/A* 4.1% 8.6% N/A

* Annualized

Return Ranking - Calendar

Period OIOIX Return Category Return Low Category Return High Rank in Category (%)
2021 14.0% -3.4% 17.2% 3.80%
2020 -24.4% -79.5% 9.0% 96.10%
2019 13.3% 6.4% 28.5% 28.38%
2018 -14.9% -15.2% -3.8% 97.18%
2017 -0.4% -7.3% 19.0% 89.23%

Total Return Ranking - Trailing

Period OIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.2% -19.4% 0.1% 58.43%
1 Yr -4.3% -12.2% 16.6% 33.00%
3 Yr -1.2%* -3.2% 13.5% 97.80%
5 Yr 0.7%* -1.9% 12.6% 93.98%
10 Yr N/A* 4.1% 8.6% N/A

* Annualized

Total Return Ranking - Calendar

Period OIOIX Return Category Return Low Category Return High Rank in Category (%)
2021 14.0% -3.4% 17.2% 3.80%
2020 -24.4% -24.8% 9.0% 97.40%
2019 13.3% 6.4% 28.5% 28.38%
2018 -8.3% -14.9% -1.8% 25.35%
2017 5.2% -5.0% 20.6% 61.54%

NAV & Total Return History

OIOIX - Holdings

Concentration Analysis

OIOIX Category Low Category High OIOIX % Rank
Net Assets 146 M 12.9 M 16.4 B 83.91%
Number of Holdings 106 27 500 67.96%
Net Assets in Top 10 48.6 M 2.06 K 2.37 B 64.08%
Weighting of Top 10 28.74% 12.4% 48.5% 32.04%

Top 10 Holdings

  1. Vornado Realty Trust 5.51%
  2. Macerich Co 4.82%
  3. RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A- 3.51%
  4. W.P. Carey Inc 3.05%
  5. Alexandria Real Estate Equities Inc 2.74%
  6. Simon Property Group Inc 2.56%
  7. Stag Industrial Inc 2.40%
  8. AGNC Investment Corp Deposit Shs Repr 1/1000th Cum Conv Red Pfd Shs Series 2.31%
  9. KKR Real Estate Finance Trust Inc 6.50% PRF PERPETUAL USD 25 2.26%
  10. Hersha Hospitality Trust E 2.20%

Asset Allocation

Weighting Return Low Return High OIOIX % Rank
Preferred Stocks 		64.00% 2.27% 115.85% 36.89%
Stocks 		34.04% -2.67% 34.04% 0.97%
Cash 		1.37% -27.79% 5.28% 46.60%
Bonds 		0.44% 0.00% 83.26% 66.02%
Convertible Bonds 		0.16% 0.00% 31.65% 64.08%
Other 		0.00% -0.16% 11.21% 59.22%

Stock Sector Breakdown

Weighting Return Low Return High OIOIX % Rank
Real Estate 		99.97% 0.00% 100.00% 13.89%
Utilities 		0.03% 0.00% 100.00% 69.44%
Technology 		0.00% 0.00% 0.00% 50.00%
Industrials 		0.00% 0.00% 7.56% 58.33%
Healthcare 		0.00% 0.00% 4.02% 55.56%
Financial Services 		0.00% 0.00% 100.00% 61.11%
Energy 		0.00% 0.00% 14.14% 55.56%
Communication Services 		0.00% 0.00% 1.77% 55.56%
Consumer Defense 		0.00% 0.00% 0.00% 50.00%
Consumer Cyclical 		0.00% 0.00% 0.00% 50.00%
Basic Materials 		0.00% 0.00% 0.00% 50.00%

Stock Geographic Breakdown

Weighting Return Low Return High OIOIX % Rank
US 		34.04% -2.67% 34.04% 0.97%
Non US 		0.00% 0.00% 2.17% 49.51%

Bond Sector Breakdown

Weighting Return Low Return High OIOIX % Rank
Corporate 		97.92% 62.31% 100.00% 45.63%
Cash & Equivalents 		2.07% 0.00% 8.83% 45.63%
Government 		0.01% 0.00% 21.71% 51.46%
Derivative 		0.00% 0.00% 12.03% 54.37%
Securitized 		0.00% 0.00% 0.02% 42.72%
Municipal 		0.00% 0.00% 0.00% 42.72%

Bond Geographic Breakdown

Weighting Return Low Return High OIOIX % Rank
US 		0.37% 0.00% 66.52% 66.02%
Non US 		0.07% 0.00% 22.86% 66.02%

OIOIX - Expenses

Operational Fees

OIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.22% 2.45% 27.88%
Management Fee 1.00% 0.00% 1.00% 95.40%
12b-1 Fee 0.00% 0.00% 1.00% 8.33%
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

OIOIX 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% 2.25% N/A

Trading Fees

OIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

OIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 149.00% 12.00% 199.00% 96.00%

OIOIX - Distributions

Dividend Yield Analysis

OIOIX Category Low Category High OIOIX % Rank
Dividend Yield 6.25% 0.00% 7.59% 3.77%

Dividend Distribution Analysis

OIOIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

OIOIX Category Low Category High OIOIX % Rank
Net Income Ratio 1.85% 0.88% 7.54% 93.90%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

OIOIX - Fund Manager Analysis

Managers

Ian Goltra

Start Date

Tenure

Tenure Rank

Sep 01, 2016

5.75

5.8%

Ian Goltra is a Portfolio Manager of Orinda Asset Management LLC. From March 2010 to July 2016, Mr. Goltra served as a portfolio manager at Salient Partners (formerly, Forward Management LLC) after joining the company as a Senior Analyst in June 2009. From May 1998 to June 2009, Mr. Goltra was Senior Analyst and Senior Vice President of Kensington Investment Group, Inc., and he became a Senior Vice President of Kensington in 2004, focusing on the public real estate sector. From 1993 to 1998, Mr. Goltra was Senior Financial Analyst and Western Americas Vice President at Textainer Equipment Management. From 1991 to 1993, Mr. Goltra was Senior Financial Analyst for Meridian Point Properties, and from 1987 to 1990, he was an Analyst at Liquidity Fund Investment Corporation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 30.32 7.91 11.42

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