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    Fallen Angels Income (FAINX)

    9.06 Down 0.15(1.63%) Feb 5

    Profile as of Jan 30, 2016Get Profile for:
    Fallen Angels Income
    Amm FundsPO Box 675203 14249 Rancho Santa Fe Farms RoadRancho Santa Fe, CA 92067
    Map
    Phone: 888-999-1395
    Fund Overview 
    Category:Moderate Allocation
    Fund Family:American Money Management
    Net Assets:10.32M
    Year-to-Date Return:-2.67%
    Yield:0.95%
    Morningstar Rating:3 stars
    Fund Inception Date:Nov 13, 2006
    Morningstar Style Box 
    Moderate Allocation
    [View Category Definition]
    View Top Moderate Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Gabriel B. Wisdom
    Lead Manager since Nov 13, 2006
    Gabriel B. Wisdom, a portfolio manager for the Fund since its inception, has served as the Chief Executive Officer and Managing Director of AMM since 1999, and serves on AMM's Investment Committee. Prior to establishing AMM in 1999, Mr. Wisdom was a Managing Director at Private Asset Management, Inc., a registered investment adviser, from 1995 to 1999. From 1989 to 1995 Mr. Wisdom was a Senior Vice President of Investments with Sutro & Co. and a Senior Vice President at Prudential-Bache Securities from 1985 to 1989. Since 2001, Mr. Wisdom’s investment commentaries have been carried on numerous radio stations around the country. Mr. Wisdom is a graduate of the Harvard Business School and holds degrees from Newport University and California Pacific University.
    Investment Information 
    Min Initial Investment:10,000
    Min Initial Investment, IRA:4,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:1,000
    Min Subsequent Investment, IRA:1,000
    Min Subsequent Investment, AIP:N/A
    FAINX can be purchased from 39 brokerages.

    Fund Summary 
    The investment seeks high current income with the potential for capital appreciation. Under normal circumstances, the fund invests in debt and equity securities that the adviser believes to be undervalued at current market prices. These include dividend paying common stocks, preferred stocks, closed-end income funds, royalty trusts, convertible securities, bonds, warrants to buy common stocks, and U.S. government securities. The fund may hold positions in the debt and equity securities of small, medium and large capitalization companies. It also may invest in shares of closed-end investment companies, as well as exchange trade funds ("ETFs").

    Fund Operations 
    Last Dividend (Jan 26, 2016) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 3, 2016) : 35.17%
    Average for Category:39.57%
    Fees & Expenses 
    ExpenseFAINXCategory Avg
    Annual Report Expense Ratio (net):2.39%0.89%
    Prospectus Net Expense Ratio:2.40%N/A
    Prospectus Gross Expense Ratio:2.40%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A5.22%
    Max Deferred Sales Load: N/A2.31%
    3 Yr Expense Projection*:749545
    5 Yr Expense Projection*:1,280849
    10 Yr Expense Projection*:2,7361,695
    * Per $10,000 invested