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FundX 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 02/28/2023

Osterweis Strat Inc
OSTIX
12.44
Vanguard Market Neutral
VMNFX
12.24
Carillon Reams Unconstrained Bond I
SUBFX
11.59
iShrs iBx$ HiYld Corp Bnd
HYG
11.02
Permanent Portfolio Permanent I
PRPFX
9.81
iShares Iboxx $ Investment Grade Corporate Bond Etf
LQD
8.82
iShrs Broad USD Invm Grd Corp
USIG
8.19
Vang Tot Bd Mkt
BND
8.19
Vang Int-Tm Bnd
BIV
8.16
Janus Henderson AAA CLO
JAAA
3.57
View more
JPMorgan Ultra-Short Inc
JPST
2.86
PIMCO Enh Sht Mat Strat
MINT
2.40
Fidelity Instl Cash Portfolios Govt Cl I
FIGXX
0.71

Fixed Income Allocation

as of 02/28/2023

Intermediate Bonds
33.36%
Strategic Bonds
24.04%
Low Volatility Equity
22.05%
High Yield
11.02%
Short Term Bonds
8.83%
Cash
0.70%

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. Global allocation is based on the most recent data available from Morningstar.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 02/27/2023. 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 02/28/2023 1 Mo YTD 1 Yr
INCMX -1.76 -0.23 -7.79
Bloomberg Agg Bond Index -2.59 0.41 -9.72
Gross expense ratio 1.61%
Net expense ratio 1.57%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Quarter End
Performance % to 12/31/2022 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
INCMX -10.85 -0.08 1.65 3.82 115.88
Bloomberg Agg Bond Index -13.01 0.02 1.06 3.32 95.45
Top holdings

as of 02/28/2023

Osterweis Strat Inc
OSTIX
12.44
Vanguard Market Neutral
VMNFX
12.24
Carillon Reams Unconstrained Bond I
SUBFX
11.59
iShrs iBx$ HiYld Corp Bnd
HYG
11.02
Permanent Portfolio Permanent I
PRPFX
9.81
iShares Iboxx $ Investment Grade Corporate Bond Etf
LQD
8.82
iShrs Broad USD Invm Grd Corp
USIG
8.19
Vang Tot Bd Mkt
BND
8.19
Vang Int-Tm Bnd
BIV
8.16
Janus Henderson AAA CLO
JAAA
3.57
JPMorgan Ultra-Short Inc
JPST
2.86
PIMCO Enh Sht Mat Strat
MINT
2.40
Fidelity Instl Cash Portfolios Govt Cl I
FIGXX
0.71

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. Global allocation is based on the most recent data available from Morningstar.

Fixed Income Allocation

as of 02/28/2023

Intermediate Bonds
33.36%
Strategic Bonds
24.04%
Low Volatility Equity
22.05%
High Yield
11.02%
Short Term Bonds
8.83%
Cash
0.70%
Month End
Performance % to 02/28/2023 1 Mo YTD 1 Yr
INCMX -1.76 -0.23 -7.79
Bloomberg Agg Bond Index -2.59 0.41 -9.72
Gross expense ratio 1.61%
Net expense ratio 1.57%

(includes underlying fund expenses) 
The advisor has contractually agreed to a fee waiver through January 31, 2024.

Quarter End
Performance % to 12/31/2022 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
INCMX -10.85 -0.08 1.65 3.82 115.88
Bloomberg Agg Bond Index -13.01 0.02 1.06 3.32 95.45
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. For performance data current to the most recent month end, please call 866-455-3863. Returns shown are cumulative, unless otherwise noted.

The Bloomberg US 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

: FundX Funds & ETFs are available at major brokers, including Charles Schwab, Fidelity, Etrade, and more.