IMS Strategic Income Fund (IMSIX)
| Fund Assets | 11.98M |
| Expense Ratio | 2.00% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 6.34% |
| Dividend Growth | -7.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 15, 2025 |
| Previous Close | 2.030 |
| YTD Return | 1.51% |
| 1-Year Return | 1.92% |
| 5-Year Return | 7.50% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.65 |
| Holdings | 26 |
| Inception Date | Nov 5, 2002 |
About IMSIX
IMSIX was founded on 2002-11-05. The Fund's investment strategy focuses on Growth with 2.0% total expense ratio. The minimum amount to invest in IMS Strategic Income Fund Institutional Class Shares is $5,000 on a standard taxable account. IMS Strategic Income Fund Institutional Class Shares seeks current income, and a secondary objective is capital appreciation. IMSIX invests at least 80% of its assets in corporate bonds, government bonds, dividend-paying common stocks, preferred and convertible preferred stocks, income trusts, money market instruments and cash equivalents.
Performance
IMSIX had a total return of 1.92% in the past year. Since the fund's inception, the average annual return has been 0.61%, including dividends.
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
57.26% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Note/Bond - GOVERNMENT SECURITIES | T 4.125 08.15.53 | 15.53% |
| Staples Inc - CORPORATE BONDS | SPLS 10.75 04.15.27 144A | 5.33% |
| Royal Caribbean Cruises Ltd - CORPORATE BONDS | RCL 3.7 03.15.28 | 5.13% |
| Service Properties Trust - CORPORATE BONDS | SVC 3.95 01.15.28 | 4.77% |
| Mattel Inc - CORPORATE BONDS | MAT 6.2 10.01.40 | 4.69% |
| Navient Corp - CORPORATE BONDS | NAVI 5.625 08.01.33 MTN | 4.55% |
| Ford Motor Co - CORPORATE BONDS | F 4.75 01.15.43 | 4.40% |
| Bank of Montreal - STRUCTURED NOTES | BMO V0 07.17.28 0001 | 4.39% |
| Societe Generale SA - STRUCTURED NOTES | SOCGEN V0 10.31.38 DMTN | 4.35% |
| Occidental Petroleum Corp - CORPORATE BONDS | OXY 6.45 09.15.36 | 4.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 15, 2025 | $0.010 | Jan 15, 2025 |
| Dec 16, 2024 | $0.010 | Dec 16, 2024 |
| Nov 15, 2024 | $0.010 | Nov 15, 2024 |
| Oct 15, 2024 | $0.020 | Oct 15, 2024 |
| Sep 16, 2024 | $0.010 | Sep 16, 2024 |
| Aug 15, 2024 | $0.010 | Aug 15, 2024 |