About AMFIX
AAMA Income Fund is an open-end mutual fund focused on generating current income with a secondary objective of preserving capital. It invests primarily in income-producing securities across the U.S. fixed income market, including U.S. Treasury and agency obligations, mortgage‑backed securities, corporate bonds, municipal bonds, preferred stocks, inflation‑indexed bonds, and money market instruments; it may also use ETFs or other mutual funds to obtain similar exposures. The portfolio is actively allocated across sectors and the credit spectrum based on credit spreads and market volatility, with at least 60% typically in investment‑grade securities and up to 40% permitted in below‑investment‑grade holdings under normal conditions. The fund’s mandate allows flexibility in average weighted maturity, ordinarily ranging from one to twenty years, enabling adjustments to interest rate and credit risk through cycles. By spanning government, agency, and corporate issuers and emphasizing disciplined risk/reward analysis, AAMA Income Fund serves as a diversified core-plus bond holding intended to deliver steady income while managing downside risk within the intermediate fixed income segment.
Fund Family AAMA
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol AMFIX
Index Bloomberg 1-5 Y Government/Credit TR
AMFIX had a total return of 4.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.46%.
