Ancora Income Fund

Class Inst (AAIIX)

U.S. News evaluated 80 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.41 percent over the past year, 5.62 percent over the past three years, 9.62 percent over the past five years, and 5.86 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 10.4%
1 Year 7.4%
3 Years (Annualized) 5.6%
5 Years (Annualized) 9.6%
10 Years (Annualized) 5.9%

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Summary

The investment seeks a high level of income with a secondary objective of capital appreciation. The fund primarily invests at least 80% of its assets in income-producing securities (such as debt securities, preferred stocks, high dividend-bearing common shares and common and preferred shares of closed-end investment companies). It will invest 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.

Fees

Fees are Low compared to funds in the same category.
Ancora Income Fund has an expense ratio of 1.29 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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