Meeder Tactical Income Fund Institutional Class (BNDIX)
| Fund Assets | 67.80M |
| Expense Ratio | 1.38% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.81% |
| Dividend Growth | 16.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 29, 2025 |
| Previous Close | 9.41 |
| YTD Return | 1.22% |
| 1-Year Return | 7.43% |
| 5-Year Return | 14.09% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | Oct 31, 2016 |
About BNDIX
BNDIX was founded on 2016-10-31. The Fund's investment strategy focuses on Core Bond with 0.76% total expense ratio. The minimum amount to invest in Meeder Funds: Meeder Total Return Bond Fund; Institutional Class Share is $1,000,000 on a standard taxable account. Meeder Funds: Meeder Total Return Bond Fund; Institutional Class Share seeks total return, consisting of income and capital growth, consistent with minimizing the risk of loss of capital. Under normal market conditions, the Fund invests at least 80% of its net assets in bonds which include fixed income securities and/or investments that provide exposure to fixed income securities.
Performance
BNDIX had a total return of 7.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.
Top 10 Holdings
99.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Meeder Funds - Government Money Market Fund | MDFXX | 26.43% |
| iShares 20+ Year Treasury Bond - iShares Barclays 20+ | TLT | 19.17% |
| Diamond Hill Short Duration Securitized Bond Fund Class Y | DHEYX | 10.99% |
| BrandywineGLOBAL - High Yield Fund | BGHSX | 9.44% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 9.11% |
| Eaton Vance Emerging Markets D - Eaton Vance Emerging | n/a | 8.96% |
| PIMCO Low Duration Income Fund Institutional Class | PFIIX | 8.30% |
| Fidelity Advisor Short Duration High Income Fund - Class Z | FIJWX | 7.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 29, 2025 | $0.035 | Apr 30, 2025 |
| Mar 28, 2025 | $0.030 | Mar 31, 2025 |
| Feb 27, 2025 | $0.040 | Feb 28, 2025 |
| Jan 30, 2025 | $0.040 | Jan 31, 2025 |
| Dec 30, 2024 | $0.0546 | Dec 31, 2024 |
| Nov 27, 2024 | $0.035 | Nov 27, 2024 |