Main page content

Flexible Income Fund

The Flexible Income Fund (INCMX) gives you a flexible approach to fixed income investing. With INCMX, you'll own a full portfolio of bond and total-return funds that adapts to changing bond markets, including changing interest rates. INCMX is designed for investors who seek the stability of fixed income and a buffer against the volatility of stocks.

Inception date

07/01/02

Invest directly or at major brokers

Minimum Investment

$1,000

No load
No redemption fee

Fund facts

Top holdings

as of 12/31/2018

Thompson Bond
THOPX
15.60
PIMCO Enhanced Short Mat Active
MINT
15.40
Merger Fund I
MERIX
15.30
Janus Hendrsn Short Duration
VNLA
15.00
Eaton Vance Float Rate Advantage
EIFAX
14.90
Western Asset Sht Dur High Inc I
SHIYX
11.90
Fidelity Real Estate Income
FRIFX
7.20
JPMorgan Ultra Sht Inc
JPST
6.80
Fidelity FloatingR Hi Inc
FFRHX
6.70
Vanguard Total Intl Bond ETF
BNDX
6.70
View more
Gateway Fund Instl
GTEYX
0.80
Cash
CASH
-16.30

Fixed Income Allocation

as of 12/31/2018

Ultra Short Bonds
37.20%
Low Volatility Equity
23.30%
Floating Rate Bonds
21.60%
Strategic Bonds
15.60%
High Yield Bonds
11.90%
World Bonds
6.70%

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 12/31/2018. It assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance.

Month End
Performance % to 12/31/2018 1 Mo YTD 1 Yr
INCMX -1.53 -2.81 -2.81
Barc Agg Bond Index 1.84 0.01 0.01
Gross expense ratio 1.69%
Net expense ratio 1.65%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Quarter End
Performance % to 12/31/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
INCMX -2.81 2.08 3.86 4.62 110.63
Barc Agg Bond Index 0.01 2.52 3.48 4.14 95.25
Gross expense ratio 1.69%
Net expense ratio 1.65%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Top holdings

as of 12/31/2018

Thompson Bond
THOPX
15.60
PIMCO Enhanced Short Mat Active
MINT
15.40
Merger Fund I
MERIX
15.30
Janus Hendrsn Short Duration
VNLA
15.00
Eaton Vance Float Rate Advantage
EIFAX
14.90
Western Asset Sht Dur High Inc I
SHIYX
11.90
Fidelity Real Estate Income
FRIFX
7.20
JPMorgan Ultra Sht Inc
JPST
6.80
Fidelity FloatingR Hi Inc
FFRHX
6.70
Vanguard Total Intl Bond ETF
BNDX
6.70
Gateway Fund Instl
GTEYX
0.80
Cash
CASH
-16.30

Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds. References to other mutual funds should not be considered an offer of these securities.

Fixed Income Allocation

as of 12/31/2018

Ultra Short Bonds
37.20%
Low Volatility Equity
23.30%
Floating Rate Bonds
21.60%
Strategic Bonds
15.60%
High Yield Bonds
11.90%
World Bonds
6.70%
Month End
Performance % to 12/31/2018 1 Mo YTD 1 Yr
INCMX -1.53 -2.81 -2.81
Barc Agg Bond Index 1.84 0.01 0.01
Gross expense ratio 1.69%
Net expense ratio 1.65%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Quarter End
Performance % to 12/31/2018 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
INCMX -2.81 2.08 3.86 4.62 110.63
Barc Agg Bond Index 0.01 2.52 3.48 4.14 95.25
Gross expense ratio 1.69%
Net expense ratio 1.65%

(includes underlying fund expenses)
The advisor has contractually agreed to a fee waiver through January 31, 2019.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data quoted is current to the most recent month end. Returns shown are cumulative, unless otherwise noted.

The Bloomberg Barclay's Aggregate Bond Index is a market-capitalization-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of at least one year. You cannot invest directly in an index.

How to Invest

Available at Charles Schwab, Fidelity, Etrade, TD Ameritrade and Vanguard.
Minimum investment: $1,000