Aama Income Fund Quote

AMFIX Fund  USD 23.62  0.04  0.17%   

Performance

1 of 100

 
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Odds Of Distress

Less than 44

 
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Aama Income is trading at 23.62 as of the 28th of March 2024; that is -0.17 percent decrease since the beginning of the trading day. The fund's open price was 23.66. Aama Income has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Aama Income Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund will principally invest in income-producing securities which include U.S. Treasury obligations and other U.S. government and agency securities including mortgage-backed securities, corporate bonds, high yield bonds , municipal bonds, preferred stocks, inflation indexed bonds, money market instruments including commercial paper, bankers acceptances and marketable CDs, floating and variable rate securities, zero coupon bonds, and ETFs or mutual funds that invest in the types of securities in which the fund would normally invest.. More on Aama Income Fund

Moving together with Aama Mutual Fund

  0.61MWTSX Metropolitan West TotalPairCorr
  0.78PTTPX Pimco Total ReturnPairCorr
  0.74PTRRX Total Return FundPairCorr
  0.76PTRAX Total Return FundPairCorr

Aama Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aama Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aama Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationAAMA Funds, Intermediate Core-Plus Bond Funds, Intermediate Core-Plus Bond, AAMA (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of October 2022
Fiscal Year EndJune
Aama Income Fund [AMFIX] is traded in USA and was established 28th of March 2024. Aama Income is listed under AAMA category by Fama And French industry classification. The fund is listed under Intermediate Core-Plus Bond category and is part of AAMA family. This fund presently has accumulated 142.62 M in assets under management (AUM) with minimum initial investment of 10 K. Aama Me Fund is currently producing year-to-date (YTD) return of 0.26% with the current yeild of 0.0%, while the total return for the last 3 years was -1.16%.
Check Aama Income Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Aama Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Aama Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Aama Income Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Aama Income Fund Mutual Fund Constituents

FOZXXFirst American FundsMoney Market FundUS Money Market Fund
SHVIShares Short TreasuryEtfUltrashort Bond
SHYIShares 1 3 YearEtfShort Government
VGSHVanguard Short Term TreasuryEtfShort Government
VMBSVanguard Mortgage Backed SecuritiesEtfIntermediate Government
More Details

Aama Income Target Price Odds Analysis

Based on a normal probability distribution, the odds of Aama Income jumping above the current price in 90 days from now is about 16.34%. The Aama Income Fund probability density function shows the probability of Aama Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Aama Income has a beta of 0.0659. This suggests as returns on the market go up, Aama Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aama Income Fund will be expected to be much smaller as well. Additionally, aama Income Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 23.62HorizonTargetOdds Above 23.62
79.92%90 days
 23.62 
16.34%
Based on a normal probability distribution, the odds of Aama Income to move above the current price in 90 days from now is about 16.34 (This Aama Income Fund probability density function shows the probability of Aama Mutual Fund to fall within a particular range of prices over 90 days) .

Aama Me Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aama Income market risk premium is the additional return an investor will receive from holding Aama Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aama Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aama Income's alpha and beta are two of the key measurements used to evaluate Aama Income's performance over the market, the standard measures of volatility play an important role as well.

Aama Income Against Markets

Picking the right benchmark for Aama Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aama Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aama Income is critical whether you are bullish or bearish towards Aama Income Fund at a given time. Please also check how Aama Income's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aama Income without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Aama Mutual Fund?

Before investing in Aama Income, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aama Income. To buy Aama Income fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aama Income. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Aama Income fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Aama Income Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Aama Income Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Aama Income Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Aama Income Fund?

The danger of trading Aama Income Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aama Income is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aama Income. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aama Me Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aama Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Aama Mutual Fund analysis

When running Aama Income's price analysis, check to measure Aama Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aama Income is operating at the current time. Most of Aama Income's value examination focuses on studying past and present price action to predict the probability of Aama Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aama Income's price. Additionally, you may evaluate how the addition of Aama Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aama Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aama Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aama Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.