About IMSIX
IMS Strategic Income Fund Institutional Class is a diversified open-end mutual fund designed to deliver high current income as its primary objective, with modest potential for capital appreciation. Launched in November 2002, the fund invests primarily in a broad array of income-producing assets, dedicating at least 80% of its holdings to instruments such as corporate and government bonds, dividend-paying common stocks, preferred and convertible preferred stocks, income trusts, money market instruments, and cash equivalents. With a minimum investment requirement of $5,000, the fund targets both individual and institutional investors seeking regular income distribution, offering monthly dividend payouts. It currently features a relatively high dividend yield and maintains an expense ratio near 2%. The fund’s balanced approach across various income-generating sectors positions it as a tool for diversification within income-focused strategies, serving investors who prioritize steady cash flow and exposure to multiple asset classes within fixed income and equities. Its role within the market is to provide consistent yield in changing interest rate environments, appealing to those aiming for income with some growth potential.
Fund Family IMS
Category Tactical Allocation
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol IMSIX
Share Class Institutional Class Shares
Index Bloomberg U.S. Aggregate Bond TR
IMSIX had a total return of 5.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.41%.
