AAIIX — Ancora Income Fund, Class I
Data updated: 2026-08-28
AAIIX — Ancora Income Fund, Class I. 0.87% expense ratio · no sales load · since 2004 · US Large Value. Holdings, fees, performance and SEC filings.
AAIIX Fund Overview
AAIIX — Ancora Income Fund, Class I is a US mutual fund managed by Ancora Advisors, LLC, categorised as US Large Value. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Adviser: Ancora Advisors, LLC
- Trust: Ancora Trust
- Category: US Large Value
- Minimum investment: $5,000
- Additional investment: $1,000
- Inception date: January 5, 2004
- Assets under management: $50.03M
- 1-year return: 5.4%
- Ticker: AAIIX
- SEC CIK: 0001260667
- SEC series ID: S000004758
- Share class ID: C000012949
- FIGI: BBG000CJ7TS3
- LEI: 54930001436ZA2EMS338
About AAIIX
Ancora Income Fund (AAIIX) seeks a high level of income, with capital appreciation as a secondary objective. It invests at least 80% of its assets in income-producing securities such as debt, preferred stocks, high-dividend common shares, and closed-end funds and ETFs holding such securities. It does not name a benchmark index. Its Class I shares, launched January 5, 2004, cost 0.87% a year and returned 5.4% in the 12 months to June 30, 2026, based on monthly returns reported to the SEC on Form N-PORT, with 5.9% volatility.
AAIIX Holdings
Top 10 holdings of Ancora Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Texas Capital Bancshares, Inc. | 3.27% |
| Merchants Bancorp | 2.44% |
| Synchrony Financial | 2.41% |
| TPG Operating Group II, LP | 2.34% |
| Brookfield Infrastructure Finance ULC | 2.16% |
| Federated Hermes Government Obligations Fund - Institutional Class | 2.08% |
| The Carlyle Group, Inc. | 1.96% |
| Rithm Capital Corp. | 1.95% |
| United Parcel Service, Inc. | 1.72% |
| Fifth Third Bancorp | 1.70% |
AAIIX Portfolio Allocation
Asset-class allocation of Ancora Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 88.5% |
| Fixed Income | 9.3% |
| Cash & Equivalents | 2.1% |
AAIIX Performance
Total returns for AAIIX through June 2026, from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.54% |
| 1 year | 5.44% |
| 3 years (annualised) | 7.02% |
| 5 years (annualised) | 2.33% |
AAIIX Risk Information
Risk metrics for AAIIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.92%
AAIIX Costs and Fees
AAIIX costs about $87 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.87%
- Gross expense ratio: 0.87%
- Portfolio turnover: 32%
- Brokerage commissions: 2.23 bps of average net assets (SEC N-CEN)
AAIIX Cashflows
Over the 12 months to 2026-06, Ancora Income Fund had net inflows of $6.25M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$233.66K |
| 2026-05 | −$239.03K |
| 2026-04 | $990.14K |
| 2026-03 | $14.41K |
| 2026-02 | $593.29K |
| 2026-01 | −$288.52K |
AAIIX Debt Constituents
Largest debt holdings of Ancora Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Fifth Third Bancorp | 1.70% |
| Citigroup, Inc. | 1.56% |
| The Bank of Nova Scotia | 1.04% |
| The Toronto Dominion Bank | 1.03% |
| Pacificorp | 0.99% |
| Energy Transfer Operating LP | 0.72% |
| The Allstate Corp. | 0.70% |
| Corebridge Financial, Inc. | 0.52% |
| Dominion Energy, Inc. | 0.52% |
| Citigroup, Inc. | 0.48% |
AAIIX Prospectus and SEC Filings
Official Ancora Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-03-05
- Annual census (N-CEN) — filed 2025-03-10
AAIIX Service Providers
Firms that manage, distribute, hold, administer and audit Ancora Income Fund, as reported on SEC Form N-CEN, fiscal year ending December 31, 2025.
- Adviser: Ancora Advisors, LLC
- Distributor: Arbor Court Capital, LLC
- Custodian: Huntington National Bank
- Transfer agent: Mutual Shareholder Services, LLC
- Administrator: The Ancora Group, LLC
- Auditor: Cohen & Co., Ltd.
Related Funds
Other US Large Value funds tracked on ABC INVEST:
AAIIX: Frequently Asked Questions
What is the expense ratio of Ancora Income Fund (AAIIX)?
AAIIX has a net expense ratio of 0.87%, about $87 a year for every $10,000 invested. AAIIX fees and costs
Does AAIIX charge a sales load?
No. This share class (AAIIX) charges no sales load.
What is the minimum investment for AAIIX?
The minimum initial investment in AAIIX is $5,000, and additional purchases must be at least $1,000. This share class is available only to eligible investors. Source: the fund's summary prospectus (May 2026).
What are AAIIX's top holdings?
As of June 30, 2026, AAIIX held 95 positions. The largest are Texas Capital Bancshares, Inc. (3.27%), Merchants Bancorp (2.44%), Synchrony Financial (2.41%), TPG Operating Group II, LP (2.34%) and Brookfield Infrastructure Finance ULC (2.16%). All AAIIX holdings
Can I download the full list of AAIIX holdings?
Yes. The complete AAIIX holdings list as of June 30, 2026 can be downloaded as a CSV file from the Holdings page: holding, ticker, FIGI, sector, country, asset type, shares, value and share of net assets, from the fund's SEC N-PORT filing. Download AAIIX holdings (CSV)
How has Ancora Income Fund performed?
AAIIX returned +5.4% over the 12 months to June 2026, +7.0% a year over 3 years and +2.3% a year over 5 years. AAIIX performance and risk
How large is AAIIX?
AAIIX manages $50.03M (SEC N-PORT, June 2026). Investors added a net $6.25M over the past 12 months.
Who manages AAIIX and when did it launch?
AAIIX is managed by Ancora Advisors, LLC. It is a series of Ancora Trust. It launched on January 5, 2004.
Where can I find AAIIX's prospectus and SEC filings?
AAIIX's latest prospectus (485BPOS) was filed April 30, 2026 and its latest N-PORT holdings report was filed August 28, 2026. All 50 filings are linked on ABC INVEST and on SEC EDGAR (series S000004758). AAIIX SEC filings
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, and annual data from Form N-CEN.
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.