Advance Capital I Retirement Income Fund Retail ClassADRIX

0.01 / 0.12%
8.61 - 8.99+0.58
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close Nov 25 2015.

Total returns on $10,000

As of Oct 31 2015. Fund performance


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.


Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: Mid
Interest-Rate Sensitivity: Mod
Morningstar categoryIntermediate-Term Bond
Launch date04/01/1993
Price currencyUSD
DomicileUnited States
Manager & start date
Christopher Kostiz
Gregory MacKenzie


Pricing frequencyDaily
Total net assets
147.41m USDAs of Oct 31 2015
Net expense ratio0.90%
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


Asset type

US bond
Non-US bond
US stock
Non-US stock

Top 5 sectors

Corporate Bond
Agency Mortgage-Backed
Government Related

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
Federated Prime Cash Obligations Instl--4.42%
Icahn Enterprises Lp/Corp 6%--1.96%
Quebec Prov Cda 2.625%--1.95%
Morgan Stanley 1.1061%--1.92%
FNMA 1.625%--1.91%
Data delayed at least 15 minutes, as of Oct 31 2015. 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.

All managed funds data located on is subject to the FT Terms & Conditions . All content on is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2015
All Rights reserved

© 2015 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.