Preferred-Plus ranked 1st out of 48 funds in Morningstar’s U.S. Fund Preferred Stock category for the one-year period ending 12/31/20, based on total return.
The Preferred-Plus Fund’s primary investment objective is to provide current income by investing in U.S. Preferred Stocks. Additionally, the Fund utilizes an option overlay strategy seeking to enhance overall distributions to shareholders.
Dividend Performers ranked 6th out of 138 funds in Morningstar’s category of U.S. Fund Options-based, based on total return for the one-year period ending 12/31/20.
The primary objective of the Dividend Performers Fund is to provide current income. Secondarily, the Fund seeks long-term capital appreciation through investment in large-cap common stocks of dividend-paying U.S. companies. The Fund also utilizes an option overlay strategy seeking to enhance overall distributions to shareholders.
Innovative Portfolios, LLC, the Fund's investment advisor (the Advisor), has contractually agreed to waive its fee and/or reimburse expenses, at least through January 31, 2022, so that the Fund's total total annual operating expenses (excluding acquired fees and expenses, taxes and extraordinary expenses) do not exceed 1.50% for Class I shares.
The 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. The Fund’s current performance may be lower or higher than the performance date quoted. For up-to-date performance data please call 800-869-1679.
Mutual fund investing involves risk. Such risks associated with these Funds include but are not limited to option risk, leverage risk, REIT risk, PTP risk, and dividend-paying security risk.
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. A prospectus containing this and other information may be obtained by calling 800-869-1679. Please read the prospectus carefully before investing.
The Dividend Performers and Preferred-Plus Funds are distributed by Arbor Court Capital, LLC, Member FINRA.