Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

GRZZX Grizzly Short

  • Fund
  • GRZZX
  • Price as of: Mar 22, 2019
  • $16.99
  • + $0.52
  • + 3.16%
  • Category
  • Bear Market

GRZZX - Profile

Vitals

  • YTD Return -16.3%
  • 3 Yr Annualized Return 31.9%
  • 5 Yr Annualized Return 17.2%
  • Net Assets $93.5 M
  • Holdings in Top 10 29.7%

52 WEEK LOW AND HIGH

$16.99
$4.68
$21.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.64%

SALES FEES

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

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$1,000

Investment Themes

CATEGORY

Bear Market
  • Fund Type Open End Mutual Fund
  • Investment Style Bear Market

Distributions

  • YTD Total Return -16.3%
  • 3 Yr Annualized Total Return 31.9%
  • 5 Yr Annualized Total Return 17.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Grizzly Short Fund
  • Fund Family Name Leuthold
  • Inception Date Jun 19, 2000
  • Shares Outstanding 5553361
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Greg M. Swenson

Fund Description

The fund sells stocks short. Short selling involves the sale of borrowed securities. When the fund sells a stock short, it incurs an obligation to replace the stock borrowed at whatever its price may be at the time it purchases the stock for delivery to the securities lender. The fund generally will have outstanding approximately 60 to 100 stocks that it has sold short. It utilizes a disciplined, unemotional, quantitative investment approach.

GRZZX - Performance

Return Ranking - Trailing

Period GRZZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -16.3% -16.3% 0.5% 100.00% 5
1 Yr 241.2% -34.7% 241.2% 5.26% 1
3 Yr 31.9% * -16.1% 49.8% 18.75% 1
5 Yr 17.2% * -14.5% 38.9% 31.25% 2
10 Yr -7.3% * -19.1% 6.5% 33.33% 2

* Annualized


Return Ranking - Calendar

Period GRZZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 302.0% -15.4% 302.0% 6.25% 1
2017 -19.8% -21.0% -7.9% 75.00% 4
2016 -14.4% -21.2% 767.0% 75.00% 4
2015 3.8% -13.1% 3.8% 6.25% 1
2014 -11.0% -25.4% -11.0% 6.25% 1

Total Return Ranking - Trailing

Period GRZZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -16.3% -16.3% 0.5% 94.74% 5
1 Yr 241.2% -37.2% 241.2% 5.26% 1
3 Yr 31.9% * -16.1% 49.8% 18.75% 1
5 Yr 17.2% * -14.5% 38.9% 31.25% 2
10 Yr -7.3% * -19.1% 6.5% 33.33% 2

* Annualized


Total Return Ranking - Calendar

Period GRZZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 302.0% -15.4% 302.0% 5.88% 1
2017 -19.8% -21.0% -7.9% 75.00% 4
2016 -14.4% -21.2% 767.0% 75.00% 4
2015 3.8% -14.0% 7.2% 25.00% 1
2014 -11.0% -27.9% -7.9% 12.50% 1

NAV & Total Return History

GRZZX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

GRZZX Category Low Category High GRZZX % Rank Quintile
Net Assets 93.5 M 114 K 2.06 B 21.05% 3
Number of Holdings 102 5 951 21.05% 3
Net Assets in Top 10 -29.2 M -1.11 B 118 M 36.84% 4
Weighting of Top 10 29.7% 0.0% 478.3% 31.58% 4

Top 10 Holdings

  1. SPDR® S&P 500 ETF 12.42%
  2. Dentsply Sirona Inc 2.06%
  3. Melco Resorts and Entertainment Ltd ADR 2.04%
  4. Royal Gold Inc 1.98%
  5. HDFC Bank Ltd ADR 1.89%
  6. GrubHub Inc 1.87%
  7. Insulet Corp 1.86%
  8. Microchip Technology Inc 1.86%
  9. Lennox International Inc 1.85%
  10. Abbott Laboratories 1.85%

Asset Allocation

Weighting Category Low Category High GRZZX % Rank Quintile
Cash
227.24% 68.50% 227.24% 5.26% 1
Preferred Stocks
0.00% 0.00% 0.07% 15.79% 3
Other
0.00% -0.24% 31.50% 26.32% 4
Convertible Bonds
0.00% 0.00% 1.14% 15.79% 3
Bonds
0.00% -0.04% 105.60% 26.32% 4
Stocks
-127.24% -187.42% 0.00% 36.84% 4

GRZZX - Expenses

Operational Fees

GRZZX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.64% 0.66% 8.46% 57.89% 2
Management Fee 1.25% 0.64% 2.00% 10.53% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.04% 0.04% 0.40% 58.33% 1

Sales Fees

GRZZX Fees (% of AUM) Category Low Category High GRZZX Rank Quintile
Front Load N/A 3.75% 5.75% N/A N/A
Deferred Load N/A 1.00% 1.00% N/A N/A

Trading Fees

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

GRZZX Fees (% of AUM) Category Low Category High GRZZX Rank Quintile
Turnover 0.00% 0.00% 1297.00% 33.33% 1

GRZZX - Distributions

Dividend Yield Analysis

GRZZX Category Low Category High GRZZX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 57.14% 3

Dividend Distribution Analysis

GRZZX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

GRZZX Category Low Category High GRZZX % Rank Quintile
Net Income Ratio -0.54% -3.73% 2.55% 36.84% 2

Capital Gain Distribution Analysis

GRZZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

GRZZX - Managers

Greg M. Swenson

Manager

Start Date

Jan 31, 2009

Tenure

10.08

Tenure Rank

9.1%

In addition to theLeuthold SP Sector Rotation ETF Portfolio, Greg is a Co-Portfolio Manager for the Leuthold Select Industries, Leuthold Global Industries, Grizzly Short, Leuthold Core, and Leuthold Global Funds. He is also a member of the investment strategy committee and contributes to The Leuthold Group's institutional research publications. He joined The Leuthold Group in 2006 to aid in the development of the Global Industries framework and continues to monitor and enhance the quantitative disciplines that drive Leuthold's equity strategies. Before joining The Leuthold Group, he worked for FactSet Research Systems in Chicago as a Consultant and Account Executive.  While working for FactSet Greg worked extensively with the research team at Leuthold. Greg is a CFA charterholder and graduated with honors from the University of Iowa with a Bachelor of Business Administration in Finance.


Kristen J. Perleberg

Manager

Start Date

Jun 30, 2015

Tenure

3.67

Tenure Rank

20.5%

Ms. Perleberg is a portfolio manager of Leuthold Weeden Capital Management, has been an analyst of The Leuthold Group since 2010, and was a trader with The Leuthold Group from 2007-2010.


Tenure Analysis

Category Low

0.3

Category High

43.8

Category Average

7.26

Category Mode

4.2