Forward Select Income Fund Institutional Class (KIFYX)

25.68
Net Asset Value
+0.12%
1 Day
+9.14%
Year-to-Date
Overall Morningstar Rating
Preferred stock
Style or Category
No Load
Sales Expenses
1.39%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income and potential for modest long-term growth of capital. The fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. It invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. The fund may invest a significant portion of its assets in preferred stock. It may invest in securities of companies having any capitalization and of any credit quality, and may invest in debt securities of any maturity. The fund is non-diversified.

Performance

1 month-0.66% 3 years+12.89%
3 months+0.42% 5 years+15.60%
1 year+13.47% Since inception+6.29%
Data through --

Peer Comparisonvs. Preferred stock

 KIFYXCategory
Performance 5-yr return+15.60%+15.52%
Expense ratio1.39%1.47%
Risk 5 year sharpe ratio2.071.84
Net assets$1.7B$1.6B
Average market cap$1.2B--
Average P/E----
Portfolio turnover50%50%

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Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureJoel Beam / 13 Years
Minimal initial investment$100,000.00
Minimum IRA investment$250,000.00

Holdings

Other59.93%
U.S. stock27.52%
Fixed income9.01%
International stock3.55%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
IYR iShares US Real Estate9.81%
STAG Stag Industrial Inc3.43%
DFTPRA Dupont Fabros Tech Pfd2.38%
SBRAP Sabra Health Care Reit Pfd2.24%
TCO Taubman Centers Inc2.19%
CLI Mack-Cali Realty Corp2.16%
FCHPRC Felcor Lodging Tr Pfd2.03%
CLDT Chatham Lodging Trust2.03%
CCG Campus Crest Communities Inc2.02%
INN Summit Hotel Properties Inc2.00%

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