The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Eli Lilly & Co (NYSE:LLY).
The investment seeks maximum total return through a combination of capital appreciation and current income.
In seeking to achieve its investment objectives, the fund typically invests in common stocks and other equity securities, which may include securities issued by publicly traded master limited partnerships (MLPs) or royalty trusts, as well as preferred stocks, convertible preferred stocks, and warrants. Under normal circumstances, the fund will invest at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of U.S. and foreign companies.
The average market capitalization across the DCM/INNOVA High Eq Inc Innovt MF is 611.78B. The market cap for tickers in the group ranges from 561.54B to 2.95T. AAPL holds the highest valuation in this group at 2.95T. The lowest valued company is LLY at 561.54B.
The average weekly volume growth across all stocks in the DCM/INNOVA High Eq Inc Innovt MF was -5%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was -25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 33
Price Growth Rating: 33
SMR Rating: 38
Profit Risk Rating: 26
Seasonality Score: -12 (-100 ... +100)