Industry description
The investment seeks a high level of income with a secondary objective of capital appreciation.
The fund pursues its income objective by investing primarily in income-producing securities (such as debt securities, preferred stocks, high dividend-bearing common shares, common and preferred shares of closed-end investment companies). It invests 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.
Volume
The average weekly volume growth across all stocks in the Ancora Income I MF was -17%. For the same stocks of the MF, the average monthly volume growth was -43% and the average quarterly volume growth was 7%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 15
P/E Growth Rating: 80
Price Growth Rating: 45
SMR Rating: 97
Profit Risk Rating: 75
Seasonality Score: 0 (-100 ... +100)