FundX Flexible Income Fund (INCMX)

30.76
Net Asset Value
-0.06%
1 Day
-0.65%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
1.55%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to generate total return, which is capital appreciation plus current income. The fund is a fund-of-funds and as such invests primarily in no-load and load-waived mutual funds, including ETFs ("underlying funds"). The underlying funds invest primarily in individual securities such as common stocks and corporate or government bonds. The fund will invest predominately in Bond underlying funds of varying maturity, credit quality (including high-yield securities, or "junk bonds") and regional exposure. It may purchase, without limit, shares of underlying funds that invest in domestic and international corporate or government bonds.

Performance

1 month+0.52% 3 years+4.99%
3 months+0.98% 5 years+5.77%
1 year+7.78% Since inception+5.74%
Data through --

Peer Comparisonvs. Multisector bond

 INCMXCategory
Performance 5-yr return+5.77%+9.45%
Expense ratio1.55%1.16%
Risk 5 year sharpe ratio1.721.72
Net assets$143.7M$2.3B
Average market cap$32.7B$39.0B
Average P/E17.617.6
Portfolio turnover101%101%

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Fund Management and Purchase Info

Fund familyFund X
Fund manager & tenureJanet Brown / 12 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income70.49%
U.S. stock18.71%
Cash6.99%
International stock2.13%
Other1.68%
Top 5 Sectors
Portfolio weighting
Financial service 15.87%
Industrial materials 15.08%
Energy 12.76%
Hardware 9.48%
Healthcare 9.37%
Top 10 Holdings
Portfolio weighting
OSTIX Osterweis Strategic Income10.56%
MERFX Merger Investor10.47%
VWIAX Vanguard Wellesley® Income Admiral™10.33%
MNCIX Manning & Napier Pro-Blend Cnsrv Term I10.11%
THOPX Thompson Bond9.39%
MHYIX MainStay High Yield Corporate Bond I7.11%
IVHIX Ivy High Income I6.59%
FHTIX Federated High Yield Institutional5.57%
PIMIX PIMCO Income Instl5.30%
JHYFX Janus High-Yield I5.10%

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