Optimum Fixed Income Fund Institutional Class (OIFIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.19
-0.01 (-0.12%)
Mar 12, 2025, 5:49 PM EST
0.24% (1Y)
| Fund Assets | 2.73B |
| Expense Ratio | 0.80% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.88% |
| Dividend Growth | 20.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 11, 2024 |
| Previous Close | 8.20 |
| YTD Return | 2.25% |
| 1-Year Return | 0.24% |
| 5-Year Return | -2.70% |
| 52-Week Low | 7.91 |
| 52-Week High | 8.64 |
| Beta (5Y) | 0.28 |
| Holdings | 1545 |
| Inception Date | Jul 23, 2003 |
About OIFIX
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities (80% policy). The adviser focuses on securities issued or guaranteed by the U.S. government or its agencies or instrumentalities, corporate debt securities, taxable and tax-exempt municipal securities, and mortgage-backed and asset-backed securities.
Fund Family Optimum Funds Inst
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol OIFIX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
Performance
OIFIX had a total return of 0.24% in the past year. Since the fund's inception, the average annual return has been 3.83%, including dividends.
Top 10 Holdings
33.90% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. MORGAN SECURITIES LLC - REPURCHASE AGREEMENT | n/a | 6.29% |
| BNY MELLON, NATIONAL ASSOCIATION - REPURCHASE AGREEMENT | n/a | 5.73% |
| Fannie Mae or Freddie Mac | FNCL 5 2.12 | 3.99% |
| Fannie Mae or Freddie Mac | FNCL 5.5 1.12 | 3.96% |
| Fannie Mae or Freddie Mac | FNCL 4.5 1.12 | 3.84% |
| Fannie Mae or Freddie Mac | FNCL 4.5 2.12 | 2.64% |
| Fannie Mae or Freddie Mac | FNCL 3.5 2.12 | 2.39% |
| Fannie Mae or Freddie Mac | FNCL 5.5 2.12 | 1.85% |
| Fannie Mae or Freddie Mac | FNCL 4 2.12 | 1.64% |
| US TREASURY N/B - United States Treasury Note/Bond | T 4.125 10.31.29 | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2024 | $0.31819 | Dec 12, 2024 |
| Dec 6, 2023 | $0.26489 | Dec 7, 2023 |
| Dec 8, 2022 | $0.274 | Dec 9, 2022 |
| Dec 8, 2021 | $0.212 | Dec 9, 2021 |
| Dec 9, 2020 | $0.512 | Dec 10, 2020 |
| Dec 12, 2019 | $0.310 | Dec 13, 2019 |