OIFIX | OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS

Basic Info 8.13 0.03(0.37%)
May 16

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS started on 07/23/2003

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS is classified as asset class Intermediate-Term Bond

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS expense ratio is 0.81%

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS rating is

(79%)

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) Dividend Info

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) dividend growth in the last 12 months is -3.32%

The trailing 12-month yield of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS is 3.20%. its dividend history:

Date	Dividend
12/06/2023	0.2649
12/08/2022	0.274
12/08/2021	0.212
12/31/2020	0.176
12/09/2020	0.512
12/12/2019	0.31
12/12/2018	0.222
12/12/2017	0.236
12/12/2016	0.201
12/10/2015	0.298
12/11/2014	0.169
06/13/2014	0.072
12/12/2013	0.111
06/14/2013	0.093
12/13/2012	0.312
06/15/2012	0.109
12/14/2011	0.369
06/17/2011	0.136
12/14/2010	0.23
06/11/2010	0.181
12/15/2009	0.472
06/18/2009	0.154
03/20/2009	0.047
12/18/2008	0.269
09/22/2008	0.127
06/20/2008	0.075
03/31/2008	0.048
12/17/2007	0.331
09/21/2007	0.048
06/22/2007	0.061
03/30/2007	0.048
12/18/2006	0.232
09/22/2006	0.048
06/22/2006	0.048
03/31/2006	0.048
12/19/2005	0.141
09/22/2005	0.048
06/22/2005	0.062
03/31/2005	0.048
12/20/2004	0.147
09/22/2004	0.048
06/22/2004	0.097
03/25/2004	0.048
12/19/2003	0.081

Dividend Growth History for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX)

Year	Payout Amount	Year Start Yield	Annual Payout Growth (YoY)	CAGR to 2023
2023	$0.2649	3.30%	-3.32%	-
2022	$0.274	2.87%	29.25%	-3.32%
2021	$0.212	2.12%	-69.19%	11.78%
2020	$0.688	7.12%	121.94%	-27.25%
2019	$0.31	3.38%	39.64%	-3.85%
2018	$0.222	2.35%	-5.93%	3.60%
2017	$0.236	2.55%	17.41%	1.94%
2016	$0.201	2.18%	-32.55%	4.02%
2015	$0.298	3.11%	23.65%	-1.46%
2014	$0.241	2.57%	18.14%	1.06%
2013	$0.204	2.08%	-51.54%	2.65%
2012	$0.421	4.39%	-16.63%	-4.12%
2011	$0.505	5.36%	22.87%	-5.23%
2010	$0.411	4.57%	-38.93%	-3.32%
2009	$0.673	8.75%	29.67%	-6.44%
2008	$0.519	5.75%	6.35%	-4.38%
2007	$0.488	5.46%	29.79%	-3.75%
2006	$0.376	4.27%	25.75%	-2.04%
2005	$0.299	3.33%	-12.06%	-0.67%
2004	$0.34	3.88%	319.75%	-1.31%
2003	$0.081	0.95%	-	6.10%

Dividend Growth Chart for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX)

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) Historical Returns And Risk Info

From 07/24/2003 to 05/16/2024, the compound annualized total return (dividend reinvested) of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 3.649%. Its cumulative total return (dividend reinvested) is 110.668%.

From 07/24/2003 to 05/16/2024, the Maximum Drawdown of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 19.5%.

From 07/24/2003 to 05/16/2024, the Sharpe Ratio of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 0.58.

From 07/24/2003 to 05/16/2024, the Annualized Standard Deviation of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 4.4%.

From 07/24/2003 to 05/16/2024, the Beta of OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 0.71.

	Last 1 Week*	YTD*(2024)	1 Yr	3 Yr	5 Yr	10 Yr	15 Yr	20 Yr	Since 07/24/2003	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Annualized Return(%)	0.1	-1.7	0.7	-3.5	0.5	1.4	3.6	3.6	3.6	5.9	-14.0	-1.8	11.1	8.6	-0.7	4.5	3.0	-0.7	4.6	-2.7	7.0	7.1	9.7	25.9	-8.5	6.0	5.8	1.0	6.1	4.5
Sharpe Ratio	NA	-1.34	-0.45	-0.89	-0.19	0.06	NA	NA	0.58	0.23	-2.09	-0.58	1.88	2.27	-0.87	1.59	1.12	-0.25	2.18	-0.82	2.78	2.19	2.73	6.18	-1.64	0.92	0.93	-0.42	1.41	0.76
Draw Down(%)	NA	3.9	7.2	19.3	19.5	19.5	NA	NA	19.5	7.9	18.0	3.3	9.7	1.9	2.4	1.3	3.1	3.2	1.1	6.5	1.2	2.5	3.3	3.4	12.2	2.0	1.7	2.8	4.1	6.3
Standard Deviation(%)	NA	6.2	6.9	6.5	5.9	4.5	NA	NA	4.4	7.3	7.4	3.1	5.8	3.2	2.3	2.4	2.5	2.7	2.1	3.3	2.5	3.2	3.5	4.2	5.7	3.3	2.8	2.8	3.7	12.8
Treynor Ratio	NA	-0.09	-0.03	-0.07	-0.01	0.0	NA	NA	0.04	0.02	-0.18	-0.02	0.11	0.08	-0.03	0.05	0.05	-0.01	0.08	-0.04	0.11	0.12	0.17	0.58	-0.16	0.05	0.04	-0.02	0.08	0.12
Alpha	NA	-0.01	-0.01	-0.01	0.0	0.0	NA	NA	0.0	-0.01	-0.01	0.0	0.0	0.0	0.0	0.0	0.0	-0.01	0.01	-0.01	0.0	0.01	0.01	0.06	-0.02	0.0	0.01	0.0	0.01	0.02
Beta	NA	0.97	0.93	0.87	0.88	0.82	NA	NA	0.71	0.91	0.84	0.76	0.97	0.87	0.7	0.76	0.54	0.52	0.56	0.77	0.66	0.58	0.58	0.44	0.57	0.65	0.64	0.63	0.69	0.79
RSquare	NA	0.87	0.9	0.91	0.88	0.83	NA	NA	0.63	0.91	0.94	0.86	0.76	0.81	0.65	0.75	0.64	0.68	0.64	0.75	0.65	0.76	0.72	0.54	0.6	0.81	0.69	0.69	0.79	0.11
Yield(%)	N/A	0.0	3.2	2.6	3.7	3.0	4.2	4.1	N/A	3.2	2.8	2.1	7.1	3.4	2.3	2.6	2.2	3.1	2.6	2.0	4.4	5.4	4.6	8.7	5.9	5.5	4.3	3.3	4.0	0.9
Dividend Growth(%)	N/A	-100.0	-3.3	-38.5	46.0	-29.6	N/A	N/A	N/A	-3.7	28.6	-69.6	122.6	40.9	-8.3	20.0	-33.3	25.0	20.0	-52.4	-17.6	24.4	-38.8	26.4	8.2	28.9	26.7	-14.3	337.5	N/A

Return Calculator for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX)

Calculate Performance

Start date (MM/dd/yyyy)

End date (MM/dd/yyyy)

Click here for comparison with other funds, portfolios or stocks

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) Historical Return Chart

Click here for interactive chart

OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 07/24/2003 to 05/16/2024, the worst annualized return of 3-year rolling returns for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is -5.53%.

From 07/24/2003 to 05/16/2024, the worst annualized return of 5-year rolling returns for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is -0.17%.

From 07/24/2003 to 05/16/2024, the worst annualized return of 10-year rolling returns for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is 0.67%.

From 07/24/2003 to 05/16/2024, the worst annualized return of 20-year rolling returns for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS (OIFIX) is NA.

Related Articles for OPTIMUM FIXED INCOME FUND OPTIMUM FIXED INCOME FUND INSTITUTIONAL CLASS(OIFIX)