| Ticker: | FRINX |
| Manager: | Mark Snyderman |
| Manager Since: | 04/10 |
| NAV (05/22/2013): | 12.23 |
| Objective: | Equity - Sector Real Est |
| Peer: | RE MV |
| Net Assets ($mil): | 223.35 |
| Inception: | 04/20/2010 |
FRINX : Description
Incepted in December 1999, this fund is managed by Dreyfus Corporation. The objective of this fund is to seek current income and capital appreciation. The fund normally invests in a balanced portfolio of common stocks, U.S. and foreign government securities, and a variety of corporate fixed-income obligations. The fund also invests 25% of its total assets in fixed-income, investment grade securities rated higher by Moody's Investors Service, Inc. The fund may invest up to 30% of its total assets in foreign securities. The fund offers dividends on a quarterly basis in March, June, September and December. The offers capital gains annually in December.
FRINX : Composition - 05/13
| Stocks | 26.14% |
| Foreign Stocks | 0.93% |
| Cash | 10.06% |
| Bonds | 48.53% |
| Foreign Bonds | 0.00% |
| Preferred | 12.95% |
| Convertible | 3.98% |
| Other | -1.66% |
| Foreign Hedged | 0.00% |
FRINX : Style Analysis - 05/13
| Large Growth | 14.26% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 20.58% |
| Foreign Stock | 14.26% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 12.38% |
| High Yield Bond | 0.00% |
| Foreign Bond | 20.02% |
FRINX : Risk Analysis
| Beta v. S&P 500 | 0.27 |
| Beta v. EAFE | 0.07 |
| Beta v. Barclays Agg Bond | 0.35 |
| Alpha 3 Yr | 8.43 |
| Alpha 5 Yr | NA |
| R-Sq 3 Yr | 0.77 |
| R-Sq 5 Yr | NA |
| Std Dev 3 Yr | 5.67 |
| Std Dev 5 Yr | NA |
| Sharpe 3 Yr | 2.32 |
| Sharpe 5 Yr | NA |
FRINX : Fees
| Expense Ratio | 1.09 |
| % Max Load | 4.00 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | 0.75 |
| % Max 12 B1 Fee | 0.25 |
| % Max Mgt Fee | 0.56 |
FRINX : Purchase Choices:
| Min Initial Investment | 2500 |
| Min Subsequent Investment | 0 |
FRINX : Returns Analysis - Annual
| 2011 | 2012 | YTD | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 10.38 | 10.22 | 12.23 | ||||||||
| Total Return (%) | 4.39 | 18.75 | 7.61 | ||||||||
| Annual Dividend Yield (%) | 4.80 | 4.33 | 3.99 | ||||||||
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 22.98 | 27.65 | -51.24 | ||||||||
| Rel Performance-Obj.Ret.(%) | 38.94 | -36.50 | -45.44 | ||||||||
| Ret.Quintile vs Obj(1 is best) | 3 | 3 | 5 | ||||||||
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 60 | 137 | 223 | ||||||||
| Annual Turnover (%) | 25.00 | 27.00 | 22.00 | ||||||||
| Annual Dividend Paid ($) | 0.51 | 0.52 | 0.04 | ||||||||
| Annual Capital Gains Paid($) | 0.09 | 0.22 | 0.00 | ||||||||
FRINX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 1.83% | 5.12% | 9.22% | 7.61% | 18.61% | 13.14% | NA | NA | NA | NA |
| Ret. Percentile vs. Obj. (1 is best) | 94 | 92 | 96 | 93 | 49 | 83 | NA | NA | NA | NA |
FRINX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 28.54 |
| Average Price/Book | 1.87 |
| Average EPS Growth | 21.98 |
| Average Market Value | 8,601.00 |
FRINX : Stock Sector Breakout - 05/13
FRINX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| EQUITY LIFESTYLE PROPERTIES I | 1.80 | 815,830 |
| MFA FINANCIAL | 1.69 | 6,342,281 |
| ACADIA REALTY TRUST | 1.59 | 1,888,249 |
| VENTAS INC | 1.58 | 765,946 |
| PROLOGIS | 0.78 | 694,887 |
| LEXINGTON CORP PROPERTY INC | 0.91 | 2,916,782 |
| MFA MORTGAGE INVESTMENTS INC | 0.87 | 1,024,311 |
| CBL & ASSOCIATES PROPERTIES | 0.84 | 1,143,373 |
| ANNALY CAPITAL MANAGEMENT INC | 1.18 | 35,396,000 |