Donoghue Forlines Risk Managed Income Fund Class A (FLOAX)
| Fund Assets | 71.17M |
| Expense Ratio | 1.98% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 6.34% |
| Dividend Growth | -22.75% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 9.65 |
| YTD Return | -1.34% |
| 1-Year Return | 2.29% |
| 5-Year Return | 22.18% |
| 52-Week Low | 9.55 |
| 52-Week High | 10.12 |
| Beta (5Y) | 0.11 |
| Holdings | 9 |
| Inception Date | Dec 27, 2017 |
About FLOAX
FLOAX was founded on 2017-12-27. The Fund's investment strategy focuses on Loan Participation with 1.4% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust: Donoghue Forlines Risk Managed Income Fund; Class A Shares is $1,000 on a standard taxable account. Northern Lights Fund Trust: Donoghue Forlines Risk Managed Income Fund; Class A Shares seeks total return from income and capital appreciation. FLOAX will invest primarily in ETFs and mutual funds that invest primarily in bank loans, floating rate bonds, short duration fixed income instruments, high yield bonds as well as short-term Treasury ETFs, money market funds or U.S. Treasury securities.
Performance
FLOAX had a total return of 2.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.06%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR Blackstone Senior Loan ETF | SRLN | 20.23% |
| Invesco Senior Loan ETF | BKLN | 19.98% |
| SPDR Portfolio High Yield Bond ETF | SPHY | 18.17% |
| Eaton Vance Floating-Rate Advantage Fund Class I | EIFAX | 9.96% |
| Virtus Seix Floating Rate High Income Fund Class I | SAMBX | 9.96% |
| Lord Abbett Floating Rate Fund Class I | LFRIX | 9.96% |
| BlackRock Floating Rate Income Fund Institutional shares | BFRIX | 9.95% |
| Fidelity Government Portfolio | FIGXX | 1.70% |
| Cash | n/a | 0.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.1336 | Jun 30, 2025 |
| Mar 28, 2025 | $0.1088 | Mar 31, 2025 |
| Dec 26, 2024 | $0.1566 | Dec 27, 2024 |
| Sep 27, 2024 | $0.2451 | Sep 30, 2024 |
| Jun 27, 2024 | $0.1661 | Jun 28, 2024 |
| Mar 27, 2024 | $0.169 | Mar 28, 2024 |