Ancora Income Fund Class I (AAIIX)

Fund Assets	50.55M
Expense Ratio	0.87%
Min. Investment	$5,000
Turnover	32.03%
Dividend (ttm)	0.42
Dividend Yield	5.93%
Dividend Growth	15.28%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 29, 2026

Previous Close	7.08
YTD Return	2.33%
1-Year Return	2.33%
5-Year Return	8.82%
52-Week Low	6.98
52-Week High	7.35
Beta (5Y)	0.44
Holdings	95
Inception Date	Jan 5, 2004

About AAIIX

Ancora Income Fund Class I is an open-end mutual fund designed to provide investors with a high level of current income, complemented by a secondary goal of capital growth and appreciation. The fund achieves its objectives by primarily investing in income-producing securities, including debt instruments, preferred stocks, high-dividend common shares, and shares of closed-end investment companies that focus on income-generating assets. At least 80% of the fund’s assets are allocated to these types of securities, ensuring a steady income stream. Ancora Income Fund Class I also selectively invests in convertible securities and closed-end funds across a range of company sizes, maintaining a diversified portfolio with a significant emphasis on preferred stocks and perpetual bonds. This structure exposes the fund to credit and interest rate risks typically associated with preferred securities. With a minimum investment requirement and a management approach that responds dynamically to economic conditions and interest rate changes, the fund serves investors seeking income through a professionally managed portfolio, while also allowing for potential capital appreciation over time.

• Fund Family: Ancora
• Category: Preferred Stock
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: AAIIX
• Share Class: Class I
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

AAIIX had a total return of 2.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ANISX	Class S	0.86%

Top 10 Holdings

22.26% of assets

Name	Symbol	Weight
Texas Capital Bancshares Inc 5.75% PRF PERPETUAL USD 25 - Ser B	TCBI.5.75 PERP B	3.27%
Merchants Bancorp 7.625% PRF PERPETUAL USD - Ser E Dp sh 1/40 int	MBIN.7.625 PERP	2.44%
Synchrony Financial 5.625% PRF PERPETUAL USD 25 Ser A	SYF.5.625 PERP A	2.41%
TPG Operating Group II LP	TPG.6.95 03.15.64	2.34%
Cash & Cash Equivalents	n/a	2.30%
Brookfield Infrastructure Finance ULC 7.25%	BIP.7.25 05.31.84	2.16%
Carlyle Finance LLC 4.625%	CG.4.625 05.15.61	1.96%
Rithm Capital Corp 8.75% PRF PERPETUAL USD 25 - Ser E	RITM.8.75 PERP E	1.95%
United Parcel Service, Inc.	UPS	1.72%
Fifth Third Bancorp 7.99428%	FITB.V0 PERP J	1.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 29, 2026	$0.035	Jul 29, 2026
Jun 26, 2026	$0.035	Jun 26, 2026
May 27, 2026	$0.035	May 27, 2026
Apr 28, 2026	$0.035	Apr 28, 2026
Mar 27, 2026	$0.035	Mar 27, 2026
Feb 24, 2026	$0.035	Feb 24, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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