Ancora Income Fund Class I (AAIIX)
| Fund Assets | 51.23M |
| Expense Ratio | 0.90% |
| Min. Investment | $5,000 |
| Turnover | 32.03% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 5.63% |
| Dividend Growth | 9.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 7.02 |
| YTD Return | 0.11% |
| 1-Year Return | 4.13% |
| 5-Year Return | 11.23% |
| 52-Week Low | 6.77 |
| 52-Week High | 7.35 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| 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.
Performance
AAIIX had a total return of 4.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.59%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ANISX | Class S | 0.89% |
Top 10 Holdings
25.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash & Cash Equivalents | n/a | 6.82% |
| Synchrony Financial 5.625% PRF PERPETUAL USD 25 Ser A | SYF.5.625 PERP A | 2.55% |
| Texas Capital Bancshares Inc 5.75% PRF PERPETUAL USD 25 - Ser B | TCBI.5.75 PERP B | 2.41% |
| Merchants Bancorp 7.625% PRF PERPETUAL USD - Ser E Dp sh 1/40 int | MBIN.7.625 PERP | 2.28% |
| Brookfield Infrastructure Finance ULC 7.25% | BIP.7.25 05.31.84 | 2.13% |
| Target Corporation | TGT | 2.06% |
| Carlyle Finance LLC 4.625% | CG.4.625 05.15.61 | 2.05% |
| Rithm Capital Corp., 8.750%, Due 11/15/2030 | n/a | 2.05% |
| F&G Annuities & Life Inc. 7.3% | FG.7.3 01.15.65 | 1.77% |
| Fifth Third Bancorp 7.99428% | FITB.V0 PERP J | 1.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.035 | Mar 27, 2026 |
| Feb 24, 2026 | $0.035 | Feb 24, 2026 |
| Jan 28, 2026 | $0.035 | Jan 28, 2026 |
| Dec 29, 2025 | $0.035 | Dec 29, 2025 |
| Nov 25, 2025 | $0.035 | Nov 25, 2025 |
| Oct 29, 2025 | $0.035 | Oct 29, 2025 |