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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.82

$545 M

0.00%

1.06%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$545 M

Holdings in Top 10

14.0%

52 WEEK LOW AND HIGH

$8.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.06%

SALES FEES

Front Load 4.50%

Deferred Load N/A

TRADING FEES

Turnover 34.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.82

$545 M

0.00%

1.06%

AKIRX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Wilmington Broad Market Bond Fund
  • Fund Family Name
    Wilmington Funds
  • Inception Date
    Jul 16, 1993
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wilmer Stith

Fund Description


AKIRX - Performance

Return Ranking - Trailing

Period AKIRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.0% 3.9% 41.59%
1 Yr N/A -10.3% 16.1% 16.83%
3 Yr N/A* -10.4% 26.2% 18.30%
5 Yr N/A* -6.6% 191.4% 18.10%
10 Yr N/A* -2.4% 73.7% 17.56%

* Annualized

Return Ranking - Calendar

Period AKIRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -16.2% 8.1% 13.88%
2022 N/A -34.7% 131.9% 55.41%
2021 N/A -11.6% 4.4% 30.98%
2020 N/A -10.1% 946.1% 53.52%
2019 N/A -1.7% 156.4% 32.59%

Total Return Ranking - Trailing

Period AKIRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.0% 3.9% 41.01%
1 Yr N/A -10.3% 16.1% 16.44%
3 Yr N/A* -10.4% 26.2% 20.89%
5 Yr N/A* -6.6% 191.4% 23.32%
10 Yr N/A* -2.4% 73.7% 40.00%

* Annualized

Total Return Ranking - Calendar

Period AKIRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -11.3% 11.0% 13.98%
2022 N/A -32.2% 131.9% 55.31%
2021 N/A -9.4% 9.2% 30.98%
2020 N/A -1.9% 1009.0% 56.37%
2019 N/A 1.1% 21668.0% 45.34%

NAV & Total Return History


AKIRX - Holdings

Concentration Analysis

AKIRX Category Low Category High AKIRX % Rank
Net Assets 545 M 2.73 M 292 B 63.57%
Number of Holdings 463 1 17889 63.80%
Net Assets in Top 10 76.7 M -106 M 36.5 B 72.50%
Weighting of Top 10 14.03% 4.4% 134.1% 84.55%

Top 10 Holdings

  1. United States Treasury Bonds 2% 1.90%
  2. United States Treasury Notes 2% 1.85%
  3. United States Treasury Notes 1.625% 1.63%
  4. Federal Home Loan Mortgage Corporation 0.375% 1.57%
  5. United States Treasury Notes 1.625% 1.40%
  6. Fnma Pass-Thru I 4% 1.30%
  7. Federal Home Loan Banks 3.25% 1.30%
  8. United States Treasury Notes 2.5% 1.25%
  9. United States Treasury Notes 2.75% 1.23%
  10. Federal National Mortgage Association 3.5% 1.20%

Asset Allocation

Weighting Return Low Return High AKIRX % Rank
Bonds
98.19% 0.00% 215.98% 33.89%
Cash
1.37% -54.51% 88.26% 72.99%
Convertible Bonds
0.44% 0.00% 7.93% 81.08%
Stocks
0.00% 0.00% 99.93% 93.55%
Preferred Stocks
0.00% 0.00% 74.68% 91.98%
Other
0.00% -13.23% 58.65% 89.73%

Bond Sector Breakdown

Weighting Return Low Return High AKIRX % Rank
Corporate
48.11% 0.00% 100.00% 12.81%
Securitized
24.82% 0.00% 98.40% 69.46%
Government
24.51% 0.00% 86.23% 48.97%
Cash & Equivalents
2.17% 0.00% 88.06% 54.21%
Municipal
0.39% 0.00% 100.00% 49.56%
Derivative
0.00% -5.38% 58.65% 69.77%

Bond Geographic Breakdown

Weighting Return Low Return High AKIRX % Rank
US
93.98% 0.00% 215.98% 47.55%
Non US
4.21% 0.00% 39.04% 12.52%

AKIRX - Expenses

Operational Fees

AKIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.06% 0.01% 39.10% 24.46%
Management Fee 0.45% 0.00% 1.76% 81.82%
12b-1 Fee 0.25% 0.00% 1.00% 59.96%
Administrative Fee N/A 0.01% 0.50% 9.49%

Sales Fees

AKIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 2.00% 5.75% 17.86%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AKIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AKIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 2.00% 493.39% 10.25%

AKIRX - Distributions

Dividend Yield Analysis

AKIRX Category Low Category High AKIRX % Rank
Dividend Yield 0.00% 0.00% 9.75% 90.43%

Dividend Distribution Analysis

AKIRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

AKIRX Category Low Category High AKIRX % Rank
Net Income Ratio 1.46% -1.28% 4.79% 65.74%

Capital Gain Distribution Analysis

AKIRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

AKIRX - Fund Manager Analysis

Managers

Wilmer Stith


Start Date

Tenure

Tenure Rank

Dec 31, 1996

25.43

25.4%

Wilmer C. Stith III, CFA, has been a Vice President and Portfolio Manager of WTIA since 1996. In addition to his portfolio management duties, he manages fixed income separate accounts and is responsible for analyzing and trading various fixed income securities. Prior to joining WTIA in 1995, Mr. Stith was an investment executive with the Treasury Banking Group of First National Bank of Maryland in Baltimore, Maryland. Mr. Stith holds an M.B.A. from Loyola University Maryland and an undergraduate degree from Kenyon College. Mr. Stith has been quoted in various financial periodicals including the Wall Street Journal and Barron's Magazine. Mr. Stith has also done several TV appearances on CNBC, Bloomberg TV, and the Fox Business Channel.

James Hannan


Start Date

Tenure

Tenure Rank

Apr 01, 2002

20.18

20.2%

James M. Hannan is an Administrative Vice President and has been a Portfolio Manager of WTIA since 1996 and a Vice President of M&T Bank since April 2003. Mr. Hannan was a Money Market trader at AllFirst Bank from 1987 to 1992 and a Portfolio Manager from 1992 until its acquisition by M&T Bank in April 2003. In addition to his portfolio management duties, Mr. Hannan is also responsible for several separately managed institutional portfolios. Mr. Hannan earned his B.S. from the University of Maryland and his M.B.A. from George Washington University.

Randy Vogel


Start Date

Tenure

Tenure Rank

Mar 12, 2012

10.22

10.2%

Administrative Vice President and Head of Fixed Income Randy Vogel, CFA, CIPM, is responsible for all investment-grade credit research for taxable fixed income. He oversees the credit review process, which includes a thorough analysis and review of approved issuers. Randy is also responsible for the management of taxable fixed income portfolios. He provides an analysis of trends in the credit markets, and identifies relative value opportunities that may help to maximize performance and minimize risk across taxable fixed income portfolios. Randy rejoined Wilmington Trust in 2008 after spending two years with PNC Capital Advisors as a senior credit analyst covering the banks, brokerage, utility, and telecommunications industries. He holds a master’s degree from Temple University and a bachelor’s degree in business administration from the University of Delaware. He is a CFA® charter holder and a member of the Financial Analysts of Philadelphia. Randy also earned his Certificate in Investment Performance Measurement (CIPM) designation in 2020.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.82 1.16