IMS Strategic Income Fund (IMSIX)
| Fund Assets | 11.81M |
| Expense Ratio | 2.00% |
| Min. Investment | $5,000 |
| Turnover | 530.27% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 7.43% |
| Dividend Growth | 7.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 2.020 |
| YTD Return | 4.58% |
| 1-Year Return | 4.52% |
| 5-Year Return | 21.23% |
| 52-Week Low | 1.950 |
| 52-Week High | 2.150 |
| Beta (5Y) | 0.61 |
| Holdings | 22 |
| Inception Date | Nov 5, 2002 |
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.
Performance
IMSIX had a total return of 4.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSNJX | Fidelity | Fidelity Freedom 2005 Fund - Class K | 0.42% |
| FTDWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class M | 1.07% |
| FITKX | Fidelity | Fidelity Freedom 2005 Fund - Class K6 | 0.24% |
| FFAVX | Fidelity | Fidelity Advisor Freedom 2005 Fund - Class A | 0.72% |
| FPCIX | Fidelity | Strategic Advisers Core Income Fund | 0.35% |
Top 10 Holdings
62.99% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Note/Bond - GOVERNMENT SECURITIES | T.4.125 08.15.53 | 16.08% |
| Staples Inc - CORPORATE BONDS | SPLS.10.75 04.15.27 144A | 6.15% |
| Federated Government Obligations Fund | GOIXX | 6.11% |
| Royal Caribbean Cruises Ltd - CORPORATE BONDS | n/a | 5.70% |
| Service Properties Trust - CORPORATE BONDS | SVC.3.95 01.15.28 | 5.60% |
| Navient Corp - CORPORATE BONDS | NAVI.5.625 08.01.33 MTN | 4.96% |
| Bank of Montreal - STRUCTURED NOTES | BMO.V0 07.17.28 0001 | 4.74% |
| Paramount Global - CORPORATE BONDS | PARA.4.9 08.15.44 | 4.60% |
| Societe Generale SA - STRUCTURED NOTES | SOCGEN.V0 10.31.38 DMTN | 4.52% |
| Ford Motor Co - CORPORATE BONDS | n/a | 4.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.020 | Jun 16, 2025 |
| May 15, 2025 | $0.020 | May 15, 2025 |
| Apr 15, 2025 | $0.010 | Apr 15, 2025 |
| Mar 17, 2025 | $0.010 | Mar 17, 2025 |
| Feb 18, 2025 | $0.010 | Feb 18, 2025 |
| Jan 15, 2025 | $0.010 | Jan 15, 2025 |