Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
6.2%
1 yr return
9.5%
3 Yr Avg Return
3.4%
5 Yr Avg Return
2.4%
Net Assets
$104 M
Holdings in Top 10
22.3%
Expense Ratio 1.09%
Front Load N/A
Deferred Load N/A
Turnover 135.00%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund is an actively managed exchange-traded fund (“ETF”) that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. The Fund is not managed relative to an index and has broad flexibility to allocate its assets across different types of securities and sectors of the fixed income markets. The principal investments of the Fund include corporate bonds, U.S. government and agency securities, master-limited partners (“MLPs”) (tied to energy-related commodities), private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. To a lesser extent, the Fund may invest in dividend-paying common stocks. The Fund may also invest in various types of derivatives, including futures, options, credit default swaps, total return swaps and repurchase agreements. The Fund may use derivatives as a substitute for making direct investments in underlying instruments, to reduce certain exposures or to “hedge” against market volatility and other risks. The Fund may also invest in other investment companies, including other ETFs.
The Fund may invest in fixed income instruments with fixed or adjustable (floating) rates. The Fund does not seek to maintain any particular weighted average maturity or duration, and may invest in fixed income instruments of any maturity or duration. The Fund may invest in both investment grade and below investment grade (often referred to as “high yield” or “junk” bonds) securities, subject to a maximum of up to 50% of the Fund’s assets in below investment grade securities. The Fund will typically invest a substantial portion of the Fund’s investments in securities of issuers with a range of credit ratings that have stable or improving fundamentals. Securities of these issuers include secured bank loans and below investment grade bonds. The Fund may invest without limit in U.S. and non-U.S. dollar-denominated securities of U.S. and foreign issuers, including investing up to 20% of its net assets in issuers located in emerging market countries.
Although the Fund normally does not engage in any direct borrowing, leverage is inherent in the derivatives it trades. While Federal law limits bank borrowings to one-third of a fund’s assets (which includes the borrowed amount), the use of derivatives is not limited in the same manner. Leverage magnifies exposure to the swings in prices of the reference asset underlying a derivative and results in increased volatility, which means the Fund will generally have the potential for greater gains, as well as the potential for greater losses, than a fund that does not use derivatives. The Fund’s investment process includes both a top-down macroeconomic analysis and a bottom-up analysis of individual securities. In its evaluation of a potential investment, the Fund conducts a fundamental analysis of the individual issuer, reviews the valuation of the security and the relative valuations of similar securities, and analyzes the supply and demand for the security in the market. The Fund seeks to identify companies in stable and growing sectors of the economy that generate sufficient revenue to meet their debt obligations. The Fund will sell a portfolio holding when the security no longer meets its investment criteria or when a more attractive investment is available.
The Fund is actively managed and may engage in frequent trading.
Period | AFIF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -10.6% | 16.9% | 29.89% |
1 Yr | 9.5% | -6.3% | 23.8% | 52.08% |
3 Yr | 3.4%* | -17.1% | 16.1% | 14.22% |
5 Yr | 2.4%* | -14.6% | 14.1% | 47.03% |
10 Yr | N/A* | -7.2% | 6.7% | 7.48% |
* Annualized
Period | AFIF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -12.0% | 8.9% | 38.83% |
2022 | -8.6% | -31.8% | 18.4% | 24.17% |
2021 | -2.2% | -16.2% | 25.7% | 66.50% |
2020 | 0.9% | -31.1% | 18.7% | 57.55% |
2019 | -2.1% | -6.1% | 15.3% | 97.89% |
Period | AFIF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.2% | -10.6% | 16.9% | 29.89% |
1 Yr | 9.5% | -6.3% | 23.8% | 52.08% |
3 Yr | 3.4%* | -17.1% | 16.1% | 14.22% |
5 Yr | 2.4%* | -14.6% | 14.1% | 47.03% |
10 Yr | N/A* | -7.2% | 6.7% | N/A |
* Annualized
Period | AFIF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.7% | -6.9% | 22.2% | 25.27% |
2022 | -5.4% | -31.8% | 21.1% | 27.17% |
2021 | -0.5% | -13.5% | 49.9% | 83.82% |
2020 | 2.2% | -28.6% | 24.1% | 76.55% |
2019 | 0.4% | -4.8% | 19.1% | 99.23% |
AFIF | Category Low | Category High | AFIF % Rank | |
---|---|---|---|---|
Net Assets | 104 M | 2.53 M | 143 B | 83.97% |
Number of Holdings | 275 | 4 | 9195 | 67.34% |
Net Assets in Top 10 | 23.2 M | -204 M | 80.4 B | 86.78% |
Weighting of Top 10 | 22.26% | 5.8% | 265.8% | 61.76% |
Weighting | Return Low | Return High | AFIF % Rank | |
---|---|---|---|---|
Bonds | 91.27% | 0.00% | 199.60% | 47.59% |
Other | 6.73% | -73.61% | 147.15% | 34.84% |
Cash | 2.00% | -94.66% | 91.07% | 65.63% |
Convertible Bonds | 0.88% | 0.00% | 33.50% | 58.31% |
Stocks | 0.00% | -6.18% | 99.66% | 95.65% |
Preferred Stocks | 0.00% | 0.00% | 26.42% | 95.80% |
Weighting | Return Low | Return High | AFIF % Rank | |
---|---|---|---|---|
Corporate | 54.22% | 0.00% | 96.66% | 28.73% |
Securitized | 39.54% | 0.00% | 99.65% | 22.47% |
Government | 0.03% | 0.00% | 99.43% | 84.91% |
Derivative | 0.00% | -73.61% | 147.15% | 74.41% |
Cash & Equivalents | 0.00% | 0.00% | 88.00% | 100.00% |
Municipal | 0.00% | 0.00% | 54.26% | 96.15% |
Weighting | Return Low | Return High | AFIF % Rank | |
---|---|---|---|---|
US | 91.27% | 0.00% | 199.60% | 30.02% |
Non US | 0.00% | 0.00% | 74.14% | 95.65% |
AFIF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.03% | 20.67% | 54.88% |
Management Fee | 0.75% | 0.00% | 2.29% | 73.92% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.14% |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
AFIF 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% | 1.50% | N/A |
AFIF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
AFIF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 135.00% | 0.00% | 632.00% | 79.89% |
AFIF | Category Low | Category High | AFIF % Rank | |
---|---|---|---|---|
Dividend Yield | 5.24% | 0.00% | 23.30% | 19.72% |
AFIF | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
AFIF | Category Low | Category High | AFIF % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.35% | -1.55% | 11.51% | 88.47% |
AFIF | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 17, 2024 | $0.040 | OrdinaryDividend |
Sep 19, 2024 | $0.051 | OrdinaryDividend |
Aug 15, 2024 | $0.042 | OrdinaryDividend |
Jul 18, 2024 | $0.052 | OrdinaryDividend |
Jun 13, 2024 | $0.040 | OrdinaryDividend |
Apr 18, 2024 | $0.048 | OrdinaryDividend |
Mar 14, 2024 | $0.044 | OrdinaryDividend |
Jan 18, 2024 | $0.023 | OrdinaryDividend |
Dec 14, 2023 | $0.090 | OrdinaryDividend |
Nov 15, 2023 | $0.049 | OrdinaryDividend |
Oct 17, 2023 | $0.047 | OrdinaryDividend |
Sep 14, 2023 | $0.044 | OrdinaryDividend |
Aug 16, 2023 | $0.042 | OrdinaryDividend |
Jul 18, 2023 | $0.044 | OrdinaryDividend |
Jun 15, 2023 | $0.048 | OrdinaryDividend |
May 16, 2023 | $0.040 | OrdinaryDividend |
Apr 18, 2023 | $0.040 | OrdinaryDividend |
Mar 15, 2023 | $0.038 | OrdinaryDividend |
Feb 15, 2023 | $0.040 | OrdinaryDividend |
Jan 17, 2023 | $0.013 | OrdinaryDividend |
Dec 29, 2022 | $0.036 | OrdinaryDividend |
Dec 15, 2022 | $0.024 | OrdinaryDividend |
Nov 15, 2022 | $0.033 | OrdinaryDividend |
Oct 14, 2022 | $0.027 | OrdinaryDividend |
Sep 15, 2022 | $0.030 | OrdinaryDividend |
Aug 15, 2022 | $0.023 | OrdinaryDividend |
Jul 15, 2022 | $0.023 | OrdinaryDividend |
Jun 15, 2022 | $0.023 | OrdinaryDividend |
May 13, 2022 | $0.021 | OrdinaryDividend |
Apr 14, 2022 | $0.023 | OrdinaryDividend |
Mar 15, 2022 | $0.018 | OrdinaryDividend |
Feb 16, 2022 | $0.014 | OrdinaryDividend |
Jan 21, 2022 | $0.010 | OrdinaryDividend |
Dec 29, 2021 | $0.001 | OrdinaryDividend |
Dec 15, 2021 | $0.032 | OrdinaryDividend |
Nov 15, 2021 | $0.015 | OrdinaryDividend |
Oct 15, 2021 | $0.016 | OrdinaryDividend |
Sep 15, 2021 | $0.015 | OrdinaryDividend |
Aug 13, 2021 | $0.012 | OrdinaryDividend |
Jul 15, 2021 | $0.015 | OrdinaryDividend |
Jun 15, 2021 | $0.016 | OrdinaryDividend |
May 14, 2021 | $0.009 | OrdinaryDividend |
Apr 15, 2021 | $0.012 | OrdinaryDividend |
Mar 15, 2021 | $0.013 | OrdinaryDividend |
Feb 16, 2021 | $0.007 | OrdinaryDividend |
Jan 21, 2021 | $0.005 | OrdinaryDividend |
Dec 15, 2020 | $0.026 | OrdinaryDividend |
Nov 13, 2020 | $0.010 | OrdinaryDividend |
Oct 15, 2020 | $0.011 | OrdinaryDividend |
Sep 15, 2020 | $0.006 | OrdinaryDividend |
Aug 14, 2020 | $0.010 | OrdinaryDividend |
Jul 15, 2020 | $0.010 | OrdinaryDividend |
Jun 15, 2020 | $0.009 | OrdinaryDividend |
May 15, 2020 | $0.001 | OrdinaryDividend |
Apr 15, 2020 | $0.005 | OrdinaryDividend |
Mar 13, 2020 | $0.015 | OrdinaryDividend |
Feb 14, 2020 | $0.013 | OrdinaryDividend |
Jan 16, 2020 | $0.007 | OrdinaryDividend |
Dec 16, 2019 | $0.020 | OrdinaryDividend |
Nov 15, 2019 | $0.018 | OrdinaryDividend |
Oct 15, 2019 | $0.020 | OrdinaryDividend |
Sep 16, 2019 | $0.021 | OrdinaryDividend |
Aug 15, 2019 | $0.025 | OrdinaryDividend |
Jul 15, 2019 | $0.018 | OrdinaryDividend |
Jun 17, 2019 | $0.024 | OrdinaryDividend |
May 15, 2019 | $0.026 | OrdinaryDividend |
Apr 15, 2019 | $0.023 | OrdinaryDividend |
Mar 15, 2019 | $0.021 | OrdinaryDividend |
Feb 15, 2019 | $0.022 | OrdinaryDividend |
Jan 15, 2019 | $0.010 | OrdinaryDividend |
Dec 17, 2018 | $0.008 | CapitalGainShortTerm |
Dec 17, 2018 | $0.036 | OrdinaryDividend |
Nov 15, 2018 | $0.013 | OrdinaryDividend |
Oct 15, 2018 | $0.011 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Sep 18, 2018
3.7
3.7%
Cyrille is a Portfolio Manager at Anfield Capital and member of the Investment Committee. He has over 18 years of investment management experience having most recently been associated with PIMCO for over 12 years. Cyrille was an Executive Vice President, portfolio manager, and Head of PIMCO’s global Leveraged Loan desk, where he managed over $7 billion in assets under management. Prior to his portfolio management responsibilities, Cyrille was a senior member of PIMCO’s credit research team, where he was responsible for the coverage of the Telecom, Media, and Cable industries among other industries. Cyrille holds the Chartered Financial Analyst Designation, an MBA with a concentration in finance and international business from Columbia University’s Graduate School of Business, New York, NY. He is a graduate of the Wharton School of the University of Pennsylvania, Philadelphia PA, where he received a Bachelors of Science in Economics with a concentration in finance.
Start Date
Tenure
Tenure Rank
Sep 18, 2018
3.7
3.7%
Mr. Young has been the Founder and Chief Executive Officer of Anfield Capital Management, LLC since 2009, and Regents Park Funds, LLC since 2016. Mr. Young has worked with many of the largest and most sophisticated institutional and private investors in investment strategy, portfolio management and asset allocation. At the end of 2008, he retired as Executive Vice President with Pacific Investment Management Company to rejoin the U.C. Irvine Merage School of Business as Adjunct Professor of Finance, and create Anfield Capital Management, LLC. From 1999 to 2006, Mr. Young was head of PIMCO’s account management group in London where he built a team of 25 investment professionals managing over 200 client accounts across the UK, Europe, the Middle East and Africa.
Start Date
Tenure
Tenure Rank
Sep 18, 2018
3.7
3.7%
Peter is Director of Portfolio Analytics and Risk Management at Anfield Capital Management, LLC. Peter has over 25 years of investment management experience, and retired in 2010 from a senior position in the PIMCO Portfolio Analytics group to work on developing quantitative trading algorithms. At PIMCO, he was responsible for the architecture, development and implementation of many of their Analytics and Risk Management systems. Peter holds the CFA designation and holds degrees in Physics, Mathematics and Economics from the Universities of Utrecht & Amsterdam, as well as an MA degree in Economics from the University of Southern California, Los Angeles
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...