The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 148 securities selected, based on investment and other criteria, from a universe of domestic and international companies.
Inception Date: 21/09/2006
Primary Benchmark: Zacks Multi-Asset Income TR USD
Primary Index: Morningstar Mod Tgt Risk TR USD
Gross Expense Ratio: 0.73%
Management Expense Ratio: 0.65 %
|SMLP||Summit Midstream Partners LP Representing Limited Partner Interests||1.31 %|
|DSL||DoubleLine Income Solutions Fund of Beneficial Interests||1.15 %|
|AVGO||Broadcom Inc.||1.14 %|
|FPF||First Trust Intermediate Duration Preferred & Income Fund of Beneficial Interest||1.14 %|
|LRCX||Lam Research Corporation||1.12 %|
|O||Realty Income Corporation||1.06 %|
|TXN||Texas Instruments Incorporated||1.05 %|
|Market Performance vs.
Industry/Classification (Allocation--85%+ Equity)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||12.26%||100%||A+||58%||F|
|Risk Adjusted Return||16.30%||50%||F||33%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.