Matrix Advisors Dividend Fund

Frequently Asked Questions About MADFX

What does MADFX invest in?

This fund primarily allocates capital to common stocks and depositary receipts representing dividend-paying common stocks. It targets U.S. companies and international companies listed in the U.S. that the advisor believes provide robust and consistent dividends, demonstrate sound financial health, and satisfy specific valuation benchmarks derived from value investing principles and Classic Valuation Analysis. The fund is committed to investing a minimum of 80% of its net assets, including any borrowed funds used for investment purposes, in these dividend-generating equities. A significant portion of its holdings consists of large-capitalization companies.

What is the expense ratio of MADFX?

Matrix Advisors Dividend Fund (MADFX) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.

What is MADFX's dividend yield?

MADFX's trailing-twelve-month yield is 7.51%, calculated from the sum of dividends over the past year divided by the current price.

How big is MADFX?

Matrix Advisors Dividend Fund (MADFX) manages $64.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MADFX actively managed or an index fund?

MADFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MADFX launched?

Matrix Advisors Dividend Fund (MADFX) launched in October 2016 and is managed by the fund issuer.