Advance Capital I Retirement Income Fund Retail ClassADRIX

8.86
0.01 / 0.11%
8.60 - 8.92+1.31
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Oct 31 2014.

Total returns on $10,000

As of Sep 30 2014.Fund performance

Objective

The investment seeks current income at a moderate level of risk. The fund invests in a broad range of fixed income investments, with at least 65% of its total assets invested in corporate or U.S. government fixed income securities. Corporate fixed income securities may be investment grade or higher-yielding, below investment grade securities (so-called "junk bonds"). The advisor may adjust the average maturity of the fund's portfolio as well as the quality of bonds held, based on the interest rate outlook and current economic conditions.

Profile

Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: Mid
Interest-Rate Sensitivity: Ext
Morningstar categoryCorporate Bond
Launch date04/01/1993
Price currencyUSD
DomicileUnited States
SymbolADRIX
Manager & start date
Christopher Kostiz
01/02/1995
Gregory MacKenzie
31/12/2004

Investment

Pricing frequencyDaily
Total net assets
198.95m USDAs of Sep 30 2014
Net expense ratio0.82%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment10,000 USD
Min. additional investment--
Initial IRA2,000 USD
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
90.26%
Non-US bond
5.29%
Cash
3.83%
Other
0.62%
US stock
0.00%
Non-US stock
0.00%

Top 5 sectors

Corporate Bond
53.36%
Agency Mortgage-Backed
21.62%
Government Related
15.30%
Government
4.24%
Cash & Equivalents
3.83%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Federated Prime Cash Obligs Instl--4.54%
Icahn Enterprises Lp/Corp 6%--1.58%
Metlife 3.6%--1.52%
Murphy Oil 3.7%--1.49%
US Treasury Note 1.5%--1.47%
Data delayed at least 15 minutes, as of Sep 30 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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