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Forward Select Income Fund Institutional Class (KIFYX)

25.25
Net Asset Value
+0.20%
1 Day
-0.71%
Year-to-Date
Overall Morningstar Rating
Preferred stock
Style or Category
No Load
Sales Expenses
1.48%
Expense Ratio
High
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 primarily in securities of companies in the real estate industry, such as real estate investment trusts ("REITs"), master limited partnerships and other real estate firms. 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.

Performance

1 month+0.80% 3 years+9.44%
3 months-0.63% 5 years+10.88%
1 year+5.99% Since inception+6.15%
Data through --

Peer Comparisonvs. Preferred stock

 KIFYXCategory
Performance 5-yr return+10.88%+9.91%
Expense ratio1.48%1.41%
Risk 5 year sharpe ratio1.891.70
Net assets$1.6B$1.5B
Average market cap$1.2B--
Average P/E26.3--
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyForward Funds
Fund manager & tenureJoel Beam / 14 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

Other61.91%
U.S. stock33.92%
Fixed income4.21%
International stock0.00%
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 U.S. Real Estate ETF9.29%
-- 4.17%
CLDT Chatham Lodging Trust3.19%
CHSCL CHS Inc3.06%
SBRA Sabra Health Care REIT Inc2.66%
FSP Franklin Street Properties Corp2.53%
INN Summit Hotel Properties Inc2.41%
STAG STAG Industrial Inc2.40%
DFTPRA DuPont Fabros Technology Inc2.26%
VER Vereit Inc2.12%