25.68 Up +0.02 +0.08%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 25.66
Category Preferred Stock
Net Assets 650.64 Mil
Yield 5.42%
Morningstar Risk Average
Morningstar Return Average
  • Last NAV update 9/19/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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 at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. 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. The fund is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 26.41% 3.09% 19.22% 4.26% 11.85%
Value ($) 12,640.83 13,031.68 15,536.68 16,199.30 18,119.50
  • Year to date performance as of 9/19/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Forward Funds
Fund Manager Joel Beam
Tenure (Years) 13
Fund Status Open
Minimum Initial Purchase 4,000.00
Minimum IRA Investment 4,000.00
Front Load 5.75
Expense Ratio 1.62%
PERFORMANCE
Symbol Value ($)
1 Month -1.19%
3 Months -0.21%
1 Year 11.45%
3 Years* 12.44%
5 Years* 15.07%
  • * Annualized returns
  • Performance as of 9/19/2014 12:00 AM ET
PEER COMPARISON
  KIFAX Preferred Stock
5-Yr Return 15.07% 11.95%
Sharpe Ratio 2.01 3.94
Net Assets 650.64 Mil 273.75 Mil
Avg Market Cap 1.17 Bil NA
Avg P/E 27.29 NA
Portfolio Turnover 50 56
HOLDINGS
Symbol Value ($)
Stocks 100.74%
Cash 0.00%
Fixed Income 5.96%
Other 3.10%
TOP 10 HOLDINGS
NAME % NET ASSETS
iShares US Real Estate 9.81%
Stag Industrial Inc 3.43%
Dupont Fabros Tech Pfd 2.38%
Sabra Health Care Reit Pfd 2.24%
Taubman Centers Inc 2.19%
Mack-Cali Realty Corp 2.16%
Felcor Lodging Tr Pfd 2.03%
Chatham Lodging Trust 2.03%
Campus Crest Communities Inc 2.02%
Summit Hotel Properties Inc 2.00%
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 12:18 PM ET
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