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Innovative Portfolios announced strong 2020 performance for its funds. The Preferred-Plus Fund (IPPPX) achieved a 9.05% return, ranking 1st among 48 in its Morningstar category. Its annualized performance since inception is 14.24%.
The Dividend Performers Fund (IPDPX) returned 20.22%, ranking 6th among 138 funds, with an annualized return of 27.35% since inception. Both funds utilize option overlay strategies to enhance income for shareholders.
