About PWDAX
The Donoghue Forlines Dividend Fund Class A is an actively managed mutual fund designed to provide investors with total return primarily through dividend income and capital appreciation. Its strategy centers on investing in a carefully selected portfolio of up to 50 high-yielding, quality stocks drawn from a universe of large to mid-cap U.S. companies, diversified across various sectors such as technology, healthcare, finance, and industrials. The fund employs a rules-based and tactical approach, utilizing both shorter- and longer-term exponential moving average signals to adjust its equity exposure according to prevailing market conditions. In bullish environments, the fund is fully invested in equities, while in times of market stress, it can shift partially or entirely to defensive positions, including short-term U.S. Treasury ETFs or cash equivalents. This dynamic allocation process aims to enhance income potential while attempting to reduce volatility and preserve capital, making the fund notable for investors seeking a balance between growth, income, and risk management.
Fund Family Donoghue Forlines LLC
Category Tactical Allocation
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PWDAX
Share Class Class A
Index Russell 1000 Value TR
PWDAX had a total return of 13.98% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.34%.
