About ZDIIX
Zacks Dividend Fund Institutional Class is an open-end mutual fund managed by Zacks Investment Management, tailored for institutional investors seeking a blend of capital appreciation and consistent dividend income. The fund’s primary purpose is to invest at least 80% of its net assets in equity securities of dividend-paying companies, chiefly those organized or headquartered in the United States. Its portfolio typically emphasizes large-cap issuers, but may also include mid- and small-cap stocks, as well as selected preferred shares, rights, and warrants. The fund employs a research-driven selection process, focusing on companies considered undervalued based on earnings, dividends, and asset strength. Notable features include a low expense ratio for its share class, no sales charges, and a modest redemption fee for short-term redemptions. Zacks Dividend Fund Institutional Class supports portfolio diversification, aiming to reduce volatility while offering regular income distributions. With a disciplined quantitative and qualitative approach, it holds positions across major economic sectors, allowing institutional investors to access a strategic, income-oriented equity allocation within broader investment strategies.
Fund Family Zacks Funds
Category Large Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ZDIIX
Share Class Institutional Class Shares
Index Russell 1000 TR USD
ZDIIX had a total return of 18.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.07%.
