As of the closing of business I'm holding about $17K of ADVDX. I'm still under water on it. Frankly I've been considering getting out completely. This fund has a terrible TWO star ratings out of FIVE with Morningstar.
...have been in ADVDX since NAV topped out last year and have been $ cost averaging every month since; with average share price down to $5.86; holding about 17,600 shares, plan on building up to 18,000 shares before "closing"... Personally, I think this is a damn good fund, it demonstrated robustness through the “market depression” that convinced me to keep it!
Heading up to 5000 shares been reinvesting DIV for years cost basis after DIV around $5.15.With this and a few other investments should be collecting $2,000-3,000 a month in 10 years.Hoping to semi retire @ 45!
I only have 620 shares. Bought my first 260 last week, and 313 yesterday figuring that I would get then cheeper due to the div - should have waited until today.
I had all eqities in my wife's IRA, and decided it was time to do alittle changing of the portfoilo. So, I sold 100 AA and 100 IRE to get into ADVDX. We have 25 years to wait - looking forward to the DRIP during that time.
During my DD, I found out that ADVDX holds all equities. Seems that the only way for the NAV to increase is the short term gains of those equities during the turnover period. With the run up in the market, you would have thought that the NAV would be higher - seeing that they only pay divs. with their income.
That being said - It would seem that the building of the NAV, share px, will be a long slow process. Not that I am complaining - just means more shares for me in the long run.