The Diplomat Fund (EMWIX)
| Fund Assets | 13.35M |
| Expense Ratio | 1.00% |
| Min. Investment | $2,500 |
| Turnover | 323.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.92% |
| Dividend Growth | -6.55% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 9.84 |
| YTD Return | 1.33% |
| 1-Year Return | 7.55% |
| 5-Year Return | n/a |
| 52-Week Low | 9.10 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 4 |
| Inception Date | n/a |
About EMWIX
The Diplomat Fund is an actively managed mutual fund in the taxable bond category, launched in 2022 by Embassy. Its primary function is to seek total return through investments chiefly in debt securities issued by the U.S. government, as well as by utilizing interest rate futures contracts linked to these securities. The fund focuses on a core portfolio of U.S. Treasury securities, generally with maturities ranging from seven to ten years, providing investors with exposure to intermediate-term U.S. government bonds. Additionally, the fund maintains a portion of its assets in short-term, highly liquid instruments to meet margin requirements on derivatives positions and to manage liquidity needs. The Diplomat Fund stands out for its concentrated portfolio, typically holding a small number of securities, with a high allocation—about 94%—to domestic bonds, and keeps around 2.9% in cash. It does not invest in foreign or convertible bonds, equities, or preferred stocks, positioning it solidly as a government bond-focused fund. The fund tracks the ICE U.S. Treasury 7-10 Year Bond TR USD index as its benchmark and is classified as a diversified fund under SEC guidelines. While not ESG-focused, it plays a role in providing fixed income exposure and interest rate risk management for investors seeking stability and income from U.S. government-backed obligations.
Performance
EMWIX had a total return of 7.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.38%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.071 | Dec 22, 2025 |
| Sep 19, 2025 | $0.0617 | Sep 19, 2025 |
| Jun 27, 2025 | $0.0588 | Jun 27, 2025 |
| Mar 21, 2025 | $0.0965 | Mar 21, 2025 |
| Dec 20, 2024 | $0.07855 | Dec 20, 2024 |
| Sep 20, 2024 | $0.07965 | Sep 20, 2024 |