MAI Managed Volatility Fund Investor Class (DIVPX)
| Fund Assets | 230.41M |
| Expense Ratio | 1.47% |
| Min. Investment | $2,500 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.01% |
| Dividend Growth | -98.38% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 18.64 |
| YTD Return | 6.04% |
| 1-Year Return | 11.23% |
| 5-Year Return | 41.11% |
| 52-Week Low | 16.77 |
| 52-Week High | 18.66 |
| Beta (5Y) | 0.53 |
| Holdings | 111 |
| Inception Date | Dec 2, 2010 |
About DIVPX
MAI Managed Volatility Fund Investor Class is a mutual fund designed to provide a combination of income and long-term capital appreciation with an emphasis on risk management. The fund primarily invests in a diversified portfolio of dividend-producing equity securities, focusing on large- and mid-cap companies, and it actively employs option strategies such as covered calls and cash-secured puts to mitigate volatility and enhance returns. This approach results in a beta of less than 0.6 relative to major equity benchmarks, marking it as less sensitive to broader market swings. In addition to equities, the portfolio may allocate significant portions to U.S. Treasury securities and cash equivalents, further supporting its lower volatility profile. The fund’s portfolio is typically concentrated, with the top ten holdings often accounting for about half of total assets. MAI Managed Volatility Fund Investor Class plays a notable role for investors seeking moderated equity exposure with potential income generation, especially in uncertain or volatile markets, and is part of the equity hedged category recognized for utilizing options-based hedging strategies.
Performance
DIVPX had a total return of 11.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.36%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MAIPX | Institutional | 1.22% |
Top 10 Holdings
55.13% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Government Obligations Fund | TMPXX | 23.01% |
| Apple Inc. | AAPL | 4.84% |
| US TREASURY N/B - U.S. Treasury Note/Bond | T.4.875 04.30.26 | 4.63% |
| NVIDIA Corporation | NVDA | 4.03% |
| Alphabet Inc. | GOOGL | 4.03% |
| Microsoft Corporation | MSFT | 3.58% |
| US TREASURY N/B - U.S. Treasury Note/Bond | T.4.125 10.31.26 | 3.48% |
| Broadcom Inc. | AVGO | 2.73% |
| TSY INFL IX N/B - U.S. Treasury Inflation Indexed Bonds | TII.2.125 01.15.35 | 2.47% |
| US TREASURY N/B - U.S. Treasury Note/Bond | T.4 12.15.27 | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.00179 | Jun 29, 2026 |
| Jun 26, 2025 | $0.01952 | Jun 27, 2025 |
| Mar 27, 2025 | $0.01185 | Mar 28, 2025 |
| Dec 27, 2024 | $0.03938 | Dec 30, 2024 |
| Sep 26, 2024 | $0.04006 | Sep 27, 2024 |
| Jun 26, 2024 | $0.03899 | Jun 27, 2024 |