Ave Maria Rising Dividend Fund (AVEDX)
| Fund Assets | 996.58M |
| Expense Ratio | 0.92% |
| Min. Investment | $2,500 |
| Turnover | 8.00% |
| Dividend (ttm) | 1.19 |
| Dividend Yield | 5.15% |
| Dividend Growth | -18.88% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 22.82 |
| YTD Return | 7.26% |
| 1-Year Return | 3.37% |
| 5-Year Return | 57.87% |
| 52-Week Low | 20.02 |
| 52-Week High | 23.04 |
| Beta (5Y) | 0.89 |
| Holdings | 39 |
| Inception Date | May 2, 2005 |
About AVEDX
The Ave Maria Rising Dividend Fund is an open-end mutual fund focused on delivering a rising stream of dividend income, long-term capital growth, and a reasonable level of current income. Its primary investment strategy is to allocate at least 80% of net assets to common stocks of dividend-paying companies expected to increase their dividends over time. The fund emphasizes companies with robust financial health and consistent earnings growth, targeting those positioned to raise dividends, which can help reduce volatility and cushion returns during market downturns. Distinctively, the fund employs a faith-based screening process, investing only in companies that align with the moral teachings of the Roman Catholic Church, thereby excluding businesses whose activities conflict with these values. The portfolio spans across various sectors and may include companies of all market capitalizations, both domestic and foreign. With a relatively concentrated portfolio and a disciplined approach to valuation, the Ave Maria Rising Dividend Fund occupies a unique niche, appealing to investors seeking both steady income growth and adherence to specific ethical investment criteria within the large blend category.
Performance
AVEDX had a total return of 3.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.39%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGTAX | Fidelity | Fidelity Advisor Mega Cap Stock Fund - Class A | 0.90% |
| FNSBX | Fidelity | Fidelity Freedom 2050 Fund - Class K | 0.65% |
| FFTWX | Fidelity | Fidelity Freedom 2025 Fund | 0.61% |
| FMAMX | Fidelity | Fidelity Advisor Stock Selector All Cap Fund - Class A | 0.89% |
| FGDMX | Fidelity | Fidelity Advisor Communication Services Fund - Class A | 0.99% |
Top 10 Holdings
38.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Texas Pacific Land Corporation | TPL | 4.87% |
| Moody's Corporation | MCO | 4.20% |
| Mastercard Incorporated | MA | 4.10% |
| The TJX Companies, Inc. | TJX | 4.10% |
| L3Harris Technologies, Inc. | LHX | 3.92% |
| Genuine Parts Company | GPC | 3.79% |
| Texas Instruments Incorporated | TXN | 3.56% |
| HEICO Corporation | HEI.A | 3.55% |
| Broadridge Financial Solutions, Inc. | BR | 3.44% |
| Lowe's Companies, Inc. | LOW | 3.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.0409 | Dec 31, 2025 |
| Sep 30, 2025 | $0.0463 | Oct 1, 2025 |
| Jun 30, 2025 | $0.051 | Jul 1, 2025 |
| Mar 31, 2025 | $0.048 | Apr 1, 2025 |
| Dec 30, 2024 | $1.2859 | Dec 31, 2024 |
| Sep 30, 2024 | $0.0645 | Oct 1, 2024 |