About AFNAX
The Bahl & Gaynor Income Growth Fund Class A is an actively managed mutual fund focused on generating current and growing income for its investors, with additional objectives of mitigating downside risk and achieving long-term capital appreciation. The fund primarily invests in dividend-paying, large-cap U.S. listed equities, maintaining a "large blend" investment style that targets a balance of growth and value stocks. Its portfolio is concentrated in leading companies across various sectors, including technology, healthcare, consumer defensive, industrials, and energy—examples of top holdings include Broadcom, Eli Lilly, Merck, PepsiCo, and Chevron. Notably, approximately 39.6% of assets are allocated to its ten largest positions, reflecting a selective approach. The fund is distinguished by a relatively low turnover rate, suggesting a long-term investment perspective. With a moderate yield and a front-load share class structure, the fund caters to investors seeking dividend income combined with potential equity market participation and a focus on quality, income-generating businesses.
Fund Family Bahl & Gaynor Inc.
Category Large Value
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol AFNAX
Share Class Class A
Index S&P 500 TR
AFNAX had a total return of 15.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.27%.
