Meeder Tactical Income Fund Retail Class (FLBDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.63
+0.01 (0.10%)
Jul 9, 2026, 4:00 PM EST
Fund Assets151.62M
Expense Ratio1.51%
Min. Investment$2,500
Turnover223.00%
Dividend (ttm)0.42
Dividend Yield4.32%
Dividend Growth-0.86%
Payout FrequencyMonthly
Ex-Dividend DateJun 29, 2026
Previous Close9.62
YTD Return1.92%
1-Year Return6.37%
5-Year Return14.99%
52-Week Low9.46
52-Week High9.74
Beta (5Y)0.07
Holdings8
Inception DateJun 30, 2011

About FLBDX

Meeder Tactical Income Fund Retail Class is a mutual fund focused on generating long-term total return and income through diversified exposure to fixed income securities. The fund typically invests at least 80% of its net assets in a combination of government, corporate, securitized, and emerging markets bonds, as well as related mutual funds and ETFs. This approach allows the fund to tactically allocate assets across bond sectors, aiming to adapt to changing market conditions and interest rate environments. With a distinct emphasis on flexibility, the fund manages its interest rate sensitivity and credit exposure to balance risk and reward. Its allocation often features significant positions in U.S. Treasury ETFs, short-duration securitized bonds, high-yield funds, and emerging market debt. Cash and equivalents may also comprise a notable portion, reflecting its tactical management style. As part of the nontraditional bond category, Meeder Tactical Income Fund Retail Class plays a role for investors and institutions seeking fixed income diversification beyond conventional bond strategies. The fund’s assets, portfolio composition, and turnover rate reflect active management, while its distribution yield and portfolio characteristics make it relevant for those interested in pursuing income within a flexible, risk-managed structure.

Fund Family Meeder Funds
Category Nontraditional Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLBDX
Share Class Retail Class
Index Bloomberg 1-3 Month US Treasury Bill

Performance

FLBDX had a total return of 6.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
BNDIXInstitutional Class1.24%
BNDAXAdviser Class1.25%

Top Holdings

NameSymbolWeight
Cash And Equivalentsn/a17.63%
Fidelity Advisor Capital & Income ZFIQTX16.63%
PIMCO Low Duration Income FundPFIIX14.28%
Diamond Hill Short Dur Securitized Bd YDHEYX10.99%
PGIM Total Return Bond R6PTRQX10.84%
Guggenheim Total Return Bond Fund Institutional ClassGIBIX10.77%
Eaton Vance Emerging Markets Dbt Opps R6EELDX9.96%
State Street SPDR Bloomberg High Yield Bond ETFJNK8.89%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 29, 2026$0.035Jun 30, 2026
May 28, 2026$0.032May 29, 2026
Apr 29, 2026$0.030Apr 30, 2026
Mar 30, 2026$0.026Mar 31, 2026
Feb 26, 2026$0.040Feb 27, 2026
Jan 29, 2026$0.030Jan 30, 2026
Full Dividend History