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CGMFX CGM Focus

  • Fund
  • CGMFX
  • Price as of: Dec 02, 2016
  • $40.71
  • - $0.00
  • - 0.00%
  • Category
  • Large Cap Blend Equities

CGMFX - Profile

Vitals

  • YTD Return 3.9%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 8.9%
  • Net Assets $838 M
  • Holdings in Top 10 65.4%

52 WEEK LOW AND HIGH

$40.71
$28.22
$41.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.22%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 268.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.27%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name CGM Focus Fund
  • Fund Family Name CGM
  • Inception Date Sep 03, 1997
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager G. Kenneth Heebner

Fund Description

The CGM Focus Fund (CGMFX) is an actively managed high-conviction fund. It’s primary objective is the aggressive growth of investor capital. CGMFX bets and trades large- and mid-cap stocks that management believes to have the correct set of attributes. The portfolio does quickly churn through its position holdings and has a very high turnover rate.

Given the fact that CGMFX is expensive versus its peers, this is a position best suited as a tactical play.

CGMFX - Performance

Return Ranking - Trailing

Period CGMFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.9% -82.7% 186.5% 71.51% 4
1 Yr 0.5% -51.7% 28.0% 56.66% 3
3 Yr 2.1% * -14.4% 16.9% 66.81% 4
5 Yr 8.9% * -1.0% 19.4% 64.26% 4
10 Yr 0.8% * -0.2% 10.3% 84.43% 5

* Annualized


Return Ranking - Calendar

Period CGMFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.1% -46.9% 5.7% 35.08% 3
2014 1.4% -51.7% 19.5% 58.64% 4
2013 37.6% -88.0% 41.8% 3.10% 1
2012 14.2% -100.0% 42.8% 25.93% 2
2011 -26.3% -27.1% 13.3% 87.49% 5

Total Return Ranking - Trailing

Period CGMFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.9% -82.7% 190.8% 74.95% 4
1 Yr 0.5% -52.5% 142.7% 69.30% 4
3 Yr 2.1% * -5.6% 57.6% 90.87% 5
5 Yr 8.9% * -1.0% 19.4% 87.83% 5
10 Yr 5.6% * -0.2% 10.3% 61.29% 4

* Annualized


Total Return Ranking - Calendar

Period CGMFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.1% -40.3% 13.0% 73.21% 4
2014 1.4% -24.8% 54.2% 92.21% 5
2013 37.6% -93.4% 1119.1% 56.11% 3
2012 14.2% -100.0% 282.8% 83.04% 5
2011 -26.3% -43.5% 45.5% 93.30% 5

NAV & Total Return History

CGMFX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

CGMFX Category Low Category High CGMFX % Rank Quintile
Net Assets 838 M 9.87 K 463 B 14.00% 3
Number of Holdings 30 1 3780 16.83% 5
Net Assets in Top 10 429 M 13.1 K 69.4 B 9.64% 2
Weighting of Top 10 65.4% 2.2% 297.1% 5.11% 1

Top 10 Holdings

  1. Citigroup Inc 9.93%
  2. US Treasury Bond 3.125% 5.84%
  3. Whirlpool Corp 5.99%
  4. Vulcan Materials Co 5.98%
  5. Morgan Stanley 7.47%
  6. Bank of America Corporation 7.02%
  7. JPMorgan Chase & Co 5.92%
  8. Applied Materials Inc 5.89%
  9. Micron Technology Inc 5.68%
  10. Western Digital Corp 5.64%

Asset Allocation

Weighting Category Low Category High CGMFX % Rank Quintile
Stocks
112.97% 0.00% 118.62% 0.14% 1
Cash
0.91% -103.42% 132.07% 20.14% 4
Other
0.00% -81.75% 100.00% 10.86% 5
Convertible Bonds
0.00% 0.00% 83.08% 1.87% 5
Preferred Stocks
0.00% 0.00% 90.60% 3.53% 5
Bonds
-13.88% -13.88% 103.49% 7.32% 5

Stock Sector Breakdown

Weighting Category Low Category High CGMFX % Rank Quintile
Technology
42.73% 0.00% 63.16% 0.14% 1
Financial Services
35.48% 0.00% 46.84% 0.50% 1
Consumer Cyclical
11.51% 0.00% 47.61% 12.26% 2
Basic Materials
11.25% 0.00% 23.55% 0.79% 1
Healthcare
5.33% 0.00% 30.94% 27.33% 5
Energy
3.43% -3.67% 22.58% 22.49% 5
Consumer Defense
3.26% 0.00% 48.03% 26.10% 5
Industrials
3.06% 0.00% 48.43% 27.97% 5
Real Estate
0.00% -0.11% 12.73% 18.96% 5
Utilities
0.00% -3.74% 25.88% 18.89% 5
Communication Services
-3.08% -3.08% 17.25% 22.57% 5

Stock Geographic Breakdown

Weighting Category Low Category High CGMFX % Rank Quintile
US
106.05% 0.00% 118.15% 0.14% 1
Non US
6.92% -0.64% 94.30% 9.21% 2

CGMFX - Expenses

Operational Fees

CGMFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.22% 0.02% 303.36% 6.71% 5
Management Fee 0.96% 0.00% 2.25% 1.29% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

CGMFX Fees (% of AUM) Category Low Category High CGMFX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

CGMFX Fees (% of AUM) Category Low Category High CGMFX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CGMFX Fees (% of AUM) Category Low Category High CGMFX Rank Quintile
Turnover 268.00% 0.00% 1754.00% 1.38% 5

CGMFX - Distributions

Dividend Yield Analysis

CGMFX Category Low Category High CGMFX % Rank Quintile
Dividend Yield N/A 0.00% 11.20% N/A N/A

Dividend Distribution Analysis

CGMFX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

CGMFX Category Low Category High CGMFX % Rank Quintile
Net Income Ratio -1.27% -2.05% 3.95% 24.17% 5

Capital Gain Distribution Analysis

CGMFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

CGMFX - Managers

G. Kenneth Heebner

Manager

Start Date

Sep 03, 1997

Tenure

19.17

Tenure Rank

1.0%

Mr. Heebner founded CGM with his partner Mr. Robert L. Kemp. Prior to establishing CGM, Mr. Heebner managed mutual fund portfolios at Loomis, Sayles & Company, Incorporated. In addition to the Funds, he currently manages other funds for which CGM serves as adviser. CGM relies to a considerable extent on the expertise of Mr. Heebner, who may be difficult to replace in the event he ceases to work for CGM. The SAI provides additional information about Mr. Heebner’s compensation, the other funds he manages and his ownership of Fund securities.


Tenure Analysis

Category Low

0.0

Category High

81.0

Category Average

6.06

Category Mode

4.8