# 13D Activist Fund (DDDCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dddcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2012-12-11 The fund primarily allocates capital to common equity securities of U.S. companies across the full range of market capitalizations that are currently the focus of shareholder activism. The advisor identifies an activist as an investor who owns more than 5% of a company's shares and either has a verifiable history of activist engagement or has publicly articulated a specific agenda for change. These agendas may involve seeking Board of Directors positions, enhancing operational performance or corporate governance standards, approving a corporate merger, spinning off a business unit, or selli... ## Key Facts | Metric | Value | |---|---| | Price | $24.59 | | Expense Ratio | 2.51% | | AUM (All Share Classes) | $106.0M | | NAV | $24.59 | | Holdings Count | — | | Distribution Yield (TTM) | 3.91% | | Annual Distribution (TTM) | $0.96 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.84 – $25.18 | | Beta | 1.16 | ## Latest Distribution - Amount: $0.9626 /share - Ex-date: 2025-12-04 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does DDDCX invest in? The fund primarily allocates capital to common equity securities of U.S. companies across the full range of market capitalizations that are currently the focus of shareholder activism. The advisor identifies an activist as an investor who owns more than 5% of a company's shares and either has a verifiable history of activist engagement or has publicly articulated a specific agenda for change. These agendas may involve seeking Board of Directors positions, enhancing operational performance or corporate governance standards, approving a corporate merger, spinning off a business unit, or selling a significant portion of company assets. This portfolio is characterized as non-diversified. ### What is the expense ratio of DDDCX? 13D Activist Fund (DDDCX) charges an expense ratio of 2.51%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DDDCX? 13D Activist Fund (DDDCX) is one share class of a fund that manages $106.0M across all of its share classes (DDDAX, DDDIX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DDDCX actively managed or an index fund? DDDCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DDDCX's is 2.51%) in exchange for the discretion to over- or under-weight positions. ### When was DDDCX launched? 13D Activist Fund (DDDCX) launched in December 2012 and is managed by the fund issuer. ### How has DDDCX performed? DDDCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DDDCX pay a dividend? 13D Activist Fund (DDDCX) currently distributes little or no income. Trailing-twelve-month yield is 3.91%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DDDCX pay dividends? 13D Activist Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DDDCX's dividend yield? DDDCX's trailing-twelve-month yield is 3.91%, calculated from the sum of dividends over the past year divided by the current price. ### When is DDDCX's next ex-dividend date? The most recently announced ex-dividend date for DDDCX was 2025-12-04. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will DDDCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.51% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DDDCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from DDDCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DDDCX cost more than a fund like VOO? DDDCX is actively managed (current expense ratio 2.51%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DDDCX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DDDCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as DDDCX (2.51%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dddcx - Distribution history: https://www.dividenddata.com/funds/dddcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dddcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dddcx/expenses - Peer comparison: https://www.dividenddata.com/funds/dddcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.