Forward Balanced Allocation A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-6.6%
3 Yr Avg Return
0.0%
5 Yr Avg Return
1.2%
Net Assets
$7.32 M
Holdings in Top 10
95.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$4,000
IRA
$4,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AOBAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -2.0%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.67%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameForward Balanced Allocation Fund
-
Fund Family NameForward Funds
-
Inception DateSep 29, 2003
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNathan J. Rowader
Fund Description
AOBAX - Performance
Return Ranking - Trailing
Period | AOBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 26.1% | N/A |
1 Yr | -6.6% | -63.0% | 12.9% | N/A |
3 Yr | 0.0%* | -27.3% | 13.0% | N/A |
5 Yr | 1.2%* | -24.1% | 8.5% | N/A |
10 Yr | 1.9%* | -14.6% | 9.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | AOBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -34.6% | 1.6% | N/A |
2022 | N/A | -12.4% | 33.2% | N/A |
2021 | N/A | -65.8% | 23.3% | N/A |
2020 | N/A | -64.9% | 4.8% | N/A |
2019 | N/A | -29.5% | 68.3% | N/A |
Total Return Ranking - Trailing
Period | AOBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 26.1% | N/A |
1 Yr | -12.0% | -60.8% | 13.2% | N/A |
3 Yr | -2.0%* | -22.8% | 13.9% | N/A |
5 Yr | 0.0%* | -21.4% | 47.5% | N/A |
10 Yr | 1.3%* | -12.2% | 12.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AOBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -32.7% | 1.6% | N/A |
2022 | N/A | -8.4% | 33.2% | N/A |
2021 | N/A | -65.2% | 23.3% | N/A |
2020 | N/A | -62.9% | 9.2% | N/A |
2019 | N/A | -28.5% | 76.9% | N/A |
AOBAX - Holdings
Concentration Analysis
AOBAX | Category Low | Category High | AOBAX % Rank | |
---|---|---|---|---|
Net Assets | 7.32 M | 604 K | 147 B | N/A |
Number of Holdings | 13 | 2 | 13410 | N/A |
Net Assets in Top 10 | 7.58 M | -120 M | 26.4 B | N/A |
Weighting of Top 10 | 95.00% | 5.5% | 3196.0% | N/A |
Top 10 Holdings
- Forward Investment Grade Fxd-Inc Z 26.18%
- Forward International Dividend Instl 19.41%
- Forward Total MarketPlus Z 11.96%
- Forward EM Corporate Debt Institutional 8.30%
- Forward Commodity L/S Strategy Z 6.85%
- Forward Select EM Dividend Institutional 6.83%
- Forward Select Opportunity Institutional 5.10%
- Forward Dynamic Income Institutional 4.86%
- Forward Credit Analysis Long/Short Instl 3.37%
- Forward High Yield Bond Z 2.16%
Asset Allocation
Weighting | Return Low | Return High | AOBAX % Rank | |
---|---|---|---|---|
Bonds | 57.73% | 0.00% | 261.66% | N/A |
Stocks | 36.52% | -37.73% | 135.47% | N/A |
Cash | 2.53% | -283.85% | 353.31% | N/A |
Other | 1.62% | -253.31% | 53.08% | N/A |
Preferred Stocks | 1.36% | 0.00% | 65.70% | N/A |
Convertible Bonds | 0.23% | 0.00% | 26.85% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | AOBAX % Rank | |
---|---|---|---|---|
Financial Services | 7.45% | -0.41% | 47.66% | N/A |
Real Estate | 5.36% | -3.22% | 75.65% | N/A |
Consumer Defense | 5.07% | -4.62% | 17.45% | N/A |
Consumer Cyclical | 4.93% | -9.59% | 42.25% | N/A |
Healthcare | 3.56% | -1.99% | 45.45% | N/A |
Industrials | 2.50% | -0.36% | 27.17% | N/A |
Technology | 2.28% | -3.22% | 31.95% | N/A |
Communication Services | 1.45% | -0.92% | 6.87% | N/A |
Energy | 1.23% | -2.23% | 27.44% | N/A |
Basic Materials | 1.15% | -1.56% | 22.61% | N/A |
Utilities | 1.01% | -0.12% | 23.50% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AOBAX % Rank | |
---|---|---|---|---|
Non US | 26.28% | -76.83% | 74.42% | N/A |
US | 10.24% | -39.12% | 134.61% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | AOBAX % Rank | |
---|---|---|---|---|
Corporate | 23.36% | 0.00% | 86.09% | N/A |
Government | 20.03% | -57.27% | 316.66% | N/A |
Securitized | 11.58% | -31.43% | 45.07% | N/A |
Municipal | 3.36% | 0.00% | 99.83% | N/A |
Cash & Equivalents | 3.00% | -277.47% | 353.31% | N/A |
Derivative | -0.53% | -234.33% | 21.15% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AOBAX % Rank | |
---|---|---|---|---|
US | 47.26% | -215.69% | 201.54% | N/A |
Non US | 10.47% | -64.26% | 220.06% | N/A |
AOBAX - Expenses
Operational Fees
AOBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.00% | 11.64% | N/A |
Management Fee | 0.10% | 0.00% | 2.50% | N/A |
12b-1 Fee | 0.35% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.01% | 0.00% | 0.83% | N/A |
Sales Fees
AOBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 0.14% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
AOBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.11% | 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.
AOBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 0.00% | 6067.00% | N/A |
AOBAX - Distributions
Dividend Yield Analysis
AOBAX | Category Low | Category High | AOBAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.01% | N/A |
Dividend Distribution Analysis
AOBAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
AOBAX | Category Low | Category High | AOBAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.67% | -4.09% | 6.99% | N/A |
Capital Gain Distribution Analysis
AOBAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 20, 2016 | $0.012 | |
Dec 29, 2015 | $0.018 | |
Sep 28, 2015 | $0.043 | |
Aug 27, 2015 | $0.001 | |
Jul 29, 2015 | $0.013 | |
Jun 26, 2015 | $0.041 | |
May 27, 2015 | $0.012 | |
Apr 28, 2015 | $0.018 | |
Mar 27, 2015 | $0.081 | |
Feb 25, 2015 | $0.041 | |
Dec 29, 2014 | $0.136 | |
Nov 25, 2014 | $0.067 | |
Sep 26, 2014 | $0.023 | |
Jul 29, 2014 | $0.015 | |
Jun 26, 2014 | $0.056 | |
May 28, 2014 | $0.043 | |
Apr 28, 2014 | $0.029 | |
Mar 27, 2014 | $0.048 | |
Feb 26, 2014 | $0.067 | |
Jan 29, 2014 | $0.028 | |
Dec 27, 2013 | $0.166 | |
Nov 26, 2013 | $0.037 | |
Oct 29, 2013 | $0.031 | |
Sep 26, 2013 | $0.043 | |
Aug 28, 2013 | $0.021 | |
Jul 29, 2013 | $0.013 | |
Jun 26, 2013 | $0.049 | |
May 29, 2013 | $0.027 | |
Apr 26, 2013 | $0.033 | |
Mar 26, 2013 | $0.047 | |
Feb 26, 2013 | $0.022 | |
Jan 29, 2013 | $0.008 | |
Dec 27, 2012 | $0.105 | |
Nov 28, 2012 | $0.052 | |
Oct 31, 2012 | $0.054 | |
Sep 26, 2012 | $0.032 | |
Aug 29, 2012 | $0.014 | |
Jul 27, 2012 | $0.014 | |
Jun 27, 2012 | $0.032 | |
May 29, 2012 | $0.022 | |
Apr 26, 2012 | $0.010 | |
Mar 28, 2012 | $0.027 | |
Feb 27, 2012 | $0.018 | |
Jan 27, 2012 | $0.011 | |
Dec 28, 2011 | $0.119 | |
Nov 28, 2011 | $0.016 | |
Oct 27, 2011 | $0.015 | |
Sep 28, 2011 | $0.032 | |
Aug 29, 2011 | $0.015 | |
Jul 27, 2011 | $0.016 | |
Jun 28, 2011 | $0.044 | |
May 26, 2011 | $0.016 | |
Apr 27, 2011 | $0.019 | |
Mar 29, 2011 | $0.030 | |
Feb 24, 2011 | $0.021 | |
Jan 27, 2011 | $0.015 | |
Dec 29, 2010 | $0.470 | |
Nov 26, 2010 | $0.020 | |
Oct 27, 2010 | $0.017 | |
Sep 28, 2010 | $0.042 | |
Aug 27, 2010 | $0.017 | |
Jul 28, 2010 | $0.017 | |
Jun 28, 2010 | $0.035 | |
May 26, 2010 | $0.008 | |
Apr 28, 2010 | $0.016 | |
Mar 29, 2010 | $0.035 | |
Feb 24, 2010 | $0.013 | |
Jan 27, 2010 | $0.015 | |
Dec 29, 2009 | $0.167 | |
Nov 25, 2009 | $0.014 | |
Oct 28, 2009 | $0.017 | |
Sep 28, 2009 | $0.028 | |
Aug 27, 2009 | $0.019 | |
Jul 29, 2009 | $0.023 | |
Jun 26, 2009 | $0.033 | |
May 27, 2009 | $0.018 | |
Apr 28, 2009 | $0.026 | |
Mar 27, 2009 | $0.041 | |
Feb 25, 2009 | $0.023 | |
Jan 28, 2009 | $0.024 | |
Dec 29, 2008 | $0.052 | |
Nov 25, 2008 | $0.021 | |
Oct 29, 2008 | $0.028 | |
Sep 26, 2008 | $0.097 |
AOBAX - Fund Manager Analysis
Managers
Nathan J. Rowader
Start Date
Tenure
Tenure Rank
Feb 28, 2007
8.84
8.8%
Mr. Rowader has been with Forward Management since September 2008 as Director of Investments. Mr. Rowader has primary responsibility for the day-to-day management of the Allocation Funds and co-primary responsibility for the day-to-day management of the Forward Frontier Strategy Fund, Forward U.S. Government Money Fund and the cash portion of the Forward Emerging Markets Fund. Prior to joining Forward Management, Mr. Rowader was with Accessor Capital Management from February 2007, as Investment Officer and member of Accessor’s Investment Committee; from December 2007, as Senior Investment Officer; and from February 2008 as Chief Investment Officer. Prior to Accessor Capital Management, Mr. Rowader was a Risk Management Analyst at OppenheimerFunds from 2005 to February 2007 and a Fund Analyst at OppenheimerFunds from 2004 to 2005. Prior to the OppenheimerFunds, Mr. Rowader served as a Financial Consultant at Linsco/Private Ledger from 2003 to 2004 and as a Senior Project Manager at WallStreetOnDemand from 1998 to 2003. Mr. Rowader holds an MBA. Mr. Rowader has managed the Allocation Funds and the Forward U.S. Government Money Fund since February 2007, the cash portion of the Forward Emerging Markets Fund since August 2009, and the Forward Frontier Strategy Fund since its inception in December 2008.
Paul Broughton
Start Date
Tenure
Tenure Rank
Feb 01, 2011
4.92
4.9%
Mr. Broughton has been with Forward Management since December 2010 as Assistant Portfolio Manager. Mr. Broughton has co-primary responsibility for the day-to-day management of the Forward U.S. Government Money Fund. Prior to joining Forward Management, Mr. Broughton was a Senior Financial Analyst for the Sacramento Municipal Utility District, where he managed the District’s fixed income portfolio, from January 2010 to November 2010. From March 2006 to January 2010, Mr. Broughton was VP/Investment Officer for Pacific Capital Bancorp where he managed the Bank’s bond portfolio. Previously, Mr. Broughton was a Fixed Income Trader (July 2002 to February 2006) and a Senior Priority Investment Specialist (June 1997 to July 2002) with American Century Investments, and was employed as an Investment Accountant for State Street from March 1996 to May 1997. Mr. Broughton is a Chartered Financial Analyst. Mr. Broughton has managed the Allocation Funds, the cash portion of the Forward Emerging Markets Fund, the Forward Frontier Strategy Fund, and the Forward U.S. Government Money Fund since February 2011.
David Janec
Start Date
Tenure
Tenure Rank
May 01, 2014
1.67
1.7%
David Janec has been with Forward since September 2008 as Investment Specialist. Mr. Janec has primary responsibility in the areas of trading, valuation and risk management of the Forward Frontier Strategy Fund, Forward Strategic Alternatives Fund, the cash portion of the Forward Emerging Markets Fund, and the cash portion of the Forward International Small Companies Fund. Prior to joining Forward Mr. Janec was with Accessor Capital Management from April 2007 as an Operations Analyst, from April 2008 as a Junior Investment Analyst, and from March 2009 as an Investment Analyst. Prior to Accessor Capital Management, Mr. Janec was an Operations Associate at E*Trade from 2005 to 2006 and an Operations Associate at BrownCo from 2004 to 2005.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 38.52 | 6.47 | 7.12 |