MAI Managed Volatility Fund Investor Class (DIVPX)

Fund Assets	238.57M
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	19.18
YTD Return	9.28%
1-Year Return	10.80%
5-Year Return	42.77%
52-Week Low	17.08
52-Week High	19.27
Beta (5Y)	0.53
Holdings	116
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.

• Fund Family: MAI
• Category: Options Trading
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DIVPX
• Share Class: Investor
• Index: S&P 500 TR

Performance

DIVPX had a total return of 10.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.48%.

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

54.56% of assets

Name	Symbol	Weight
First American Government Obligations Fund	TMPXX	21.40%
Apple Inc.	AAPL	5.43%
Alphabet Inc.	GOOGL	4.67%
NVIDIA Corporation	NVDA	4.56%
Microsoft Corporation	MSFT	3.90%
Broadcom Inc.	AVGO	3.62%
US TREASURY N/B - U.S. Treasury Note/Bond	T.4.125 10.31.26	3.29%
Advanced Micro Devices, Inc.	AMD	2.71%
Amazon.com, Inc.	AMZN	2.65%
TSY INFL IX N/B - U.S. Treasury Inflation Indexed Bonds	TII.2.125 01.15.35	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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 26, 2026

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