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WBI Absolute Return Dividend Gr No Load (WBIDX)

12.22 Up 0.03(0.25%) Oct 24

Profile as of Sep 29, 2014Get Profile for:
WBI Absolute Return Dividend Gr No Load
c/o U.S. Bancorp Fund Services, LLC615 E MICHIGAN STREETMILWAUKEE DE 53202
Phone: 855-924-3863
Fund Overview 
Category:Large Blend
Fund Family:WBI FUNDS
Net Assets:90.80M
Year-to-Date Return:0.62%
Morningstar Rating:1 stars
Fund Inception Date:Dec 29, 2010
Morningstar Style Box 
Large Blend
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Management Information 
Gary Stroik
Lead Manager since Dec 29, 2010
Gary E. Stroik, Vice President, Chief Investment Officer, Chief Compliance Officer and Lead Portfolio Manager Mr. Stroik joined WBI Investments, Inc. in February 1990, serving as Vice President, Chief Investment Officer and Chief Compliance Officer. He also serves as Vice President and Chief Compliance Officer of Hartshorne Group, Inc., an SEC-registered investment advisory firm, since June 2009. He received a B.A. in Honors English and Fine Arts from Georgetown University in 1976
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:1,000
Min Initial Investment, AIP:2,500
Min Subsequent Investment:250
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:100
WBIDX can be purchased from 26 brokerages.

Fund Summary 
The investment seeks long-term capital appreciation and current income. The fund will invest at least 80% of its net assets (including any borrowings for investment purpose) in dividend-paying equity securities of foreign and domestic companies. Up to 20% of the fund's net assets may be invested in non-dividend paying equities, domestic and foreign fixed income securities, exchange-traded funds, exchange-traded notes, and/or in option strategies to enhance its returns or to mitigate risk and volatility. It may invest without limitation in securities of foreign issuers, and up to 50% of its net assets in the securities of issuers located in emerging markets.

Fund Operations 
Last Dividend (Jun 29, 2014) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Oct 22, 2014) : 219.78%
Average for Category:40.63%
Fees & Expenses 
ExpenseWBIDXCategory Avg
Annual Report Expense Ratio (net):2.00%1.09%
Prospectus Net Expense Ratio:2.02%N/A
Prospectus Gross Expense Ratio:2.20%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:N/A5.28%
Max Deferred Sales Load: N/A2.18%
3 Yr Expense Projection*:671572
5 Yr Expense Projection*:1,163911
10 Yr Expense Projection*:2,5201,862
* Per $10,000 invested