Ancora Income Fund Quote

AAIIX Fund  USD 7.11  0.04  0.56%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
Ancora Income is trading at 7.11 as of the 29th of March 2024; that is -0.56 percent decrease since the beginning of the trading day. The fund's open price was 7.15. Ancora Income has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Ancora Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
The fund pursues its income objective by investing primarily in income-producing securities . It invests in shares of closed-end funds and convertible securities of large, small and mid-sized companies. The fund will invest only in securities of companies with market capitalizations of more than 500 million, except that the fund may invest in closed-end funds with market capitalizations of less than that amount.. More on Ancora Income Fund

Moving together with Ancora Mutual Fund

  0.81AATSX Ancorathelen Small-midPairCorr
  0.97CPXIX Cohen Steers PrfrdPairCorr
  0.96CPXAX Cohen Steers PreferdPairCorr
  0.97CPXCX Cohen Steers PrefrdPairCorr

Ancora Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ancora Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ancora Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAncora Funds, Large Funds, Preferred Stock Funds, Preferred Stock, Ancora (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of April 2023
Fiscal Year EndDecember
Ancora Income Fund [AAIIX] is traded in USA and was established 29th of March 2024. Ancora Income is listed under Ancora category by Fama And French industry classification. The fund is listed under Preferred Stock category and is part of Ancora family. This fund presently has accumulated 34.9 M in assets under management (AUM) with minimum initial investment of 5 K. Ancora Income Fund is currently producing year-to-date (YTD) return of 4.79% with the current yeild of 0.05%, while the total return for the last 3 years was 2.25%.
Check Ancora Income Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ancora Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ancora Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ancora Income Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Ancora Income Fund Mutual Fund Constituents

BPYPPBrookfield Property PartnersPreferred StockReal Estate
EVVEaton Vance LimitedFundAsset Management
MINTPIMCO Enhanced ShortEtfUltrashort Bond
WIWWestern Asset ClaymoreEtfAsset Management
VGSHVanguard Short Term TreasuryEtfShort Government
STPZPIMCO 1 5 YearEtfInflation-Protected Bond
SHYIShares 1 3 YearEtfShort Government
More Details

Ancora Income Target Price Odds Analysis

Based on a normal probability distribution, the odds of Ancora Income jumping above the current price in 90 days from now is about 9.94%. The Ancora Income Fund probability density function shows the probability of Ancora Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ancora Income has a beta of 0.2839. This suggests as returns on the market go up, Ancora Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ancora Income Fund will be expected to be much smaller as well. Additionally, ancora Income Fund has an alpha of 0.0203, implying that it can generate a 0.0203 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.11HorizonTargetOdds Above 7.11
89.71%90 days
 7.11 
9.94%
Based on a normal probability distribution, the odds of Ancora Income to move above the current price in 90 days from now is about 9.94 (This Ancora Income Fund probability density function shows the probability of Ancora Mutual Fund to fall within a particular range of prices over 90 days) .

Ancora Income Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ancora Income market risk premium is the additional return an investor will receive from holding Ancora Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ancora Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ancora Income's alpha and beta are two of the key measurements used to evaluate Ancora Income's performance over the market, the standard measures of volatility play an important role as well.

Ancora Income Against Markets

Picking the right benchmark for Ancora Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ancora Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ancora Income is critical whether you are bullish or bearish towards Ancora Income Fund at a given time. Please also check how Ancora Income's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ancora Income without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Ancora Mutual Fund?

Before investing in Ancora Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ancora Income. To buy Ancora Income fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ancora Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ancora Income fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ancora Income Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ancora Income Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Ancora Income Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Ancora Income Fund?

The danger of trading Ancora Income Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ancora Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ancora Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ancora Income Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ancora Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Ancora Mutual Fund analysis

When running Ancora Income's price analysis, check to measure Ancora Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ancora Income is operating at the current time. Most of Ancora Income's value examination focuses on studying past and present price action to predict the probability of Ancora Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ancora Income's price. Additionally, you may evaluate how the addition of Ancora Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ancora Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ancora Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ancora Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.