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Anyone have thoughts about, or experience with, the SunAmerica Focused Dividend Strategy Fund (FDSAX)? It has an excellent record over most periods, but is its NAV (up 29.5% YTD) currently too high to be sustained? Apparently the manager picks 30 stocks once a year, and then sticks with them at least until the following year.
FDSAX has good numbers, but it comes with 5.75% front load - indefensible in my opinion. Other share classes appear not so easily available. I'd look elsewhere. SCHD is indeed off to decent start. Here's glance at FDSAX along with some other established large value funds:
SunAmerica Focused Dividend Strategy Fund is one of my buy and hold holdings. It strategy is simple yet effective. For those that might be interested I have linked the funds fact sheet below.
There is another SunAmerica fund that I have placed under review. It is their Global Trends Fund and it's A share ticker symbol is GTFAX. It is a relative new fund so there is not much history to go on; but, its strategy is to position in the better gobal opportunities that are felt one should be invested in from currency, stocks, bonds, commodities, etc. I believe the fund can cover up to ten asset classes if felt warranted. I have linked it's fact sheet below for those that might wish to take a look see for some investment ideas. For the past month it scores close to a top ten percent return fund in its category but its twelve month returns run hot and cold.
Comments
SunAmerica Focused Dividend Strategy Fund is one of my buy and hold holdings. It strategy is simple yet effective. For those that might be interested I have linked the funds fact sheet below.
https://www.safunds.com/pdf/Fund-Fact-Sheets/asset_upload_file789_6326.pdf
There is another SunAmerica fund that I have placed under review. It is their Global Trends Fund and it's A share ticker symbol is GTFAX. It is a relative new fund so there is not much history to go on; but, its strategy is to position in the better gobal opportunities that are felt one should be invested in from currency, stocks, bonds, commodities, etc. I believe the fund can cover up to ten asset classes if felt warranted. I have linked it's fact sheet below for those that might wish to take a look see for some investment ideas. For the past month it scores close to a top ten percent return fund in its category but its twelve month returns run hot and cold.
https://www.safunds.com/pdf/Fund-Fact-Sheets/asset_upload_file936_6259.pdf
Have a great day ... and, I wish all "Good Investing."
Skeeter