Morningstar

Ancora Income Fund Class I AAIIX

Morningstar Medalist Rating
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Medalist Rating as of See Ancora Investment Hub
  • NAV / 1-Day Return$6.56  /  −1.06%
  • Fund Size$55.1M
  • Adjusted Expense Ratio0.870%
  • Net Expense Ratio0.860%
  • Fee Level: DistributionAbove Average
  • Share Class TypeInstitutional
  • Morningstar CategoryPreferred Stock
  • Equity Style Box (Funds)Mid Value
  • Minimum Initial Investment$5,000
  • Investment StatusOpen
  • TTM Yield6.38%
  • Turnover Ratio32%
NAV and 1-Day Return as of

Morningstar’s Analysis AAIIX

Will AAIIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAIIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAIIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Ancora Income I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings AAIIX

More AAIIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings20.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

4.292M
Cash and Equivalents

Texas Capital Bancshares Inc 5.75% PRF PERPETUAL USD 25 - Ser B

2.881M
Financial Services

TPG Operating Group II LP

2.371M
Corporate

Synchrony Financial 5.625% PRF PERPETUAL USD 25 Ser A

2.281M
Financial Services

Merchants Bancorp 7.625% PRF PERPETUAL USD - Ser E Dp sh 1/40 int

2.241M
Financial Services

iShares Preferred&Income Securities ETF

2.021M
—

Brookfield Infrastructure Finance ULC 7.25%

1.981M
Corporate

Rithm Capital Corp 8.75% PRF PERPETUAL USD 25 - Ser E

1.84939,600
Real Estate

Carlyle Finance LLC 4.625%

1.77904,200
Corporate

Assurant Inc. 5.25%

1.74890,500
Corporate

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