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Dividend Plus Income Instl (MAIPX) Fund Ranking and Research

Ranking, Research and Recommendation of Dividend Plus Income Instl (MAIPX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Dividend Plus Income Instl Fund (MAIPX) ManagerFund Manager - Kurt D. Nye

Fund Manager Information

Fund Manager Tenure: 6.5 years
Fund Family: MAI
Fund Category: Option Writing
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.6)     (What does this score mean?)

 

Graph of Dividend Plus Income Instl Fund (MAIPX) ProfileDividend Plus Income Instl Fund (MAIPX) Profile

Fund Profile and Description

Dividend Plus Income Instl Fund seeks income and long term capital appreciation. Dividend Plus Income Instl Fund achieves this objective by investing in a portfolio of dividend-producing equity securities which the Adviser believes to pay above-average, sustainable, dividends, selling covered call options on a substantial portion of the fund’s portfolio of between 25 and 50 equity securities and selling cash-secured put options. It normally invests in domestic equity securities of domestic companies with large- and mid- sized market capitalizations with $5 billion and over and at least $1 billion but not more than $5 billion respectively.

 

Dividend Plus Income Instl (MAIPX) Fund Strength What we like about Dividend Plus Income Instl (MAIPX) Fund

Data for Dividend Plus Income Instl Fund (MAIPX) as of May 30, 2016

  • Dividend Plus Income Instl Fund (MAIPX) management has been with Dividend Plus Income Instl Fund for 6.5 years
  • Dividend Plus Income Instl Fund (MAIPX) has good short-term performance (1-year return -0.90% vs -1.35% Option Writing category median performance)
  • Dividend Plus Income Instl Fund (MAIPX) has good mid-term performance (3-year return 4.02% vs 3.71% Option Writing category median performance)
  • Dividend Plus Income Instl Fund (MAIPX) has good Long-term performance (5-year return 4.71% vs 4.50% Option Writing category median performance)
  • Dividend Plus Income Instl Fund (MAIPX) ratio of up-years vs down years is greater than 2
  • Dividend Plus Income Instl Fund (MAIPX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.68, lower than category average of 5.86
  • Dividend Plus Income Instl Fund (MAIPX) has a lower expense ratio than its Option Writing average: 0.99% vs 1.45%
  • Dividend Plus Income Instl Fund (MAIPX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Dividend Plus Income Instl Fund (MAIPX) Weakness What we are cautious about Dividend Plus Income Instl (MAIPX) Fund

Data for Dividend Plus Income Instl Fund (MAIPX) as of May 30, 2016

  • Dividend Plus Income Instl Fund (MAIPX) has a Morningstar rating of 3 and below
  • Dividend Plus Income Instl Fund (MAIPX) is less safe compared to its Option Writing peers
  • Dividend Plus Income Instl Fund (MAIPX) has an annual stock turnover rate of 147.00% that is higher than the Option Writing average of 50.21%. This could mean Dividend Plus Income Instl is more nimble, but also signal potential high tax impact and high trading fees
  • Asset base in Dividend Plus Income Instl Fund (MAIPX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Dividend Plus Income Instl Fund (MAIPX) performance details as of May 30, 2016

 

What do you think?

 

Compare Dividend Plus Income Instl Fund (MAIPX)Compare with other top Option Writing category mutual funds

Aadditional top Option Writing mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Dividend Plus Income Instl1.27-0.904.024.71
Glenmede Secured Options (GTSOX)-1.121.996.246.79Compare

See top fund managers for Option Writing Category Funds

 

Compare Dividend Plus Income Instl Fund (MAIPX)Compare with Option Writing category ETFs

Some Option Writing ETFs for your consideration

ETFYear to DateOne YearThree Year
PowerShares S&P 500 BuyWrite ETF (PBP)0.51%1.22%5.33%

 

Graph of Dividend Plus Income Instl Fund (MAIPX) Net Asset TrackingDividend Plus Income Instl (MAIPX) Fund Net Asset

Track net asset change of Dividend Plus Income Instl fund (MAIPX)

DateNet Asset
05/2016$100.46M
03/2016$102.16M
02/2016$102.97M
More historic net asset information on Dividend Plus Income Instl Fund (MAIPX)

  

Graph of Dividend Plus Income Instl Fund (MAIPX) Portfolio TrackingDividend Plus Income Instl (MAIPX) Fund Portfolio Allocation

Track portfolio allocation change of Dividend Plus Income Instl fund (MAIPX)

DateCashStockBondOther
02/201651.2%48.8%0%0%
11/201554.65%45.35%0%0%
08/201553.75%46.25%0%0%
Click here to see more historic asset allocation information on Dividend Plus Income Instl Fund (MAIPX)

 

graph of Dividend Plus Income Instl Fund (MAIPX) Top 10 Position TrackingTop 10 Holdings in Dividend Plus Income Instl (MAIPX) Fund

Discover what Dividend Plus Income Instl Fund (MAIPX) manager is buying

Feb 28, 2016
Boeing Company (The) Common Sto [1.95%]
Home Depot, Inc. (The) Common S [1.63%]
Johnson & Johnson Common Stock [1.56%]
Amgen Inc. [1.54%]
JP Morgan Chase & Co. Common St [1.52%]
D/B/A Chubb Limited New Common [1.5%]
Pepsico, Inc. Common Stock [1.48%]
Pfizer, Inc. Common Stock [1.46%]
Bank of America Corporation Com [1.44%]
Verizon Communications Inc. Com [1.39%]

Nov 29, 2015
Home Depot, Inc. (The) Common S [1.84%]
JP Morgan Chase & Co. Common St [1.72%]
Boeing Company (The) Common Sto [1.68%]
Amgen Inc. [1.66%]
Procter & Gamble Company (The) [1.59%]
Verizon Communications Inc. Com [1.45%]
Pepsico, Inc. Common Stock [1.44%]
Bank of America Corporation Com [1.4%]
Intel Corporation [1.33%]
Pfizer, Inc. Common Stock [1.33%]

Aug 30, 2015
Pepsico, Inc. Common Stock [1.63%]
Home Depot, Inc. (The) Common S [1.6%]
Amgen Inc. [1.56%]
JP Morgan Chase & Co. Common St [1.54%]
Verizon Communications Inc. Com [1.53%]
Boeing Company (The) Common Sto [1.48%]
General Electric Company Common [1.47%]
Procter & Gamble Company (The) [1.44%]
Raytheon Company Common Stock [1.42%]
Johnson & Johnson Common Stock [1.4%]
Click here for Stock Holding Change Map in Dividend Plus Income Instl Fund (MAIPX)

  

Latest News on Dividend Plus Income Instl (MAIPX) Fund

See what is happening with Dividend Plus Income Instl Fund (MAIPX)

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Dividend Plus Income Instl Fund (MAIPX) Related ResourcesSee more information on Dividend Plus Income Instl (MAIPX) Fund

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