Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.3%
1 yr return
14.4%
3 Yr Avg Return
6.5%
5 Yr Avg Return
12.8%
Net Assets
$125 M
Holdings in Top 10
33.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.30%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover 25.04%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFMAX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 12.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.44%
- Dividend Yield 0.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDavidson Multi-Cap Equity Fund
-
Fund Family NameDavidson Mutual Funds
-
Inception DateAug 11, 2008
-
Shares Outstanding2396164
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Clancy
Fund Description
DFMAX - Performance
Return Ranking - Trailing
Period | DFMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -47.2% | 13.6% | 69.11% |
1 Yr | 14.4% | -38.4% | 43.3% | 83.15% |
3 Yr | 6.5%* | -15.0% | 26.8% | 53.70% |
5 Yr | 12.8%* | -2.7% | 106.3% | 31.85% |
10 Yr | 10.8%* | 2.2% | 20.5% | 55.80% |
* Annualized
Return Ranking - Calendar
Period | DFMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.0% | -42.6% | 47.4% | 66.29% |
2022 | -21.9% | -56.3% | -4.2% | 57.21% |
2021 | 18.1% | -27.2% | 53.7% | 45.64% |
2020 | 8.7% | -36.2% | 2181.7% | 68.50% |
2019 | 18.1% | -22.7% | 40.4% | 77.82% |
Total Return Ranking - Trailing
Period | DFMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -47.2% | 13.6% | 69.11% |
1 Yr | 14.4% | -38.4% | 43.3% | 83.15% |
3 Yr | 6.5%* | -15.0% | 26.8% | 53.70% |
5 Yr | 12.8%* | -2.7% | 106.3% | 31.85% |
10 Yr | 10.8%* | 2.2% | 20.5% | 55.80% |
* Annualized
Total Return Ranking - Calendar
Period | DFMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.5% | -5.0% | 47.4% | 80.19% |
2022 | -13.2% | -36.8% | -2.2% | 17.47% |
2021 | 28.8% | 3.0% | 124.3% | 21.19% |
2020 | 22.0% | -15.8% | 2266.0% | 11.43% |
2019 | 26.8% | -0.4% | 241.3% | 78.79% |
NAV & Total Return History
DFMAX - Holdings
Concentration Analysis
DFMAX | Category Low | Category High | DFMAX % Rank | |
---|---|---|---|---|
Net Assets | 125 M | 2.34 M | 1.55 T | 85.32% |
Number of Holdings | 49 | 1 | 4053 | 81.71% |
Net Assets in Top 10 | 38.9 M | 885 K | 387 B | 86.81% |
Weighting of Top 10 | 33.01% | 0.3% | 112.0% | 54.61% |
Top 10 Holdings
- Microsoft Corp 4.46%
- Amazon.com Inc 4.45%
- Alphabet Inc 4.20%
- Apple Inc 4.05%
- Salesforce Inc 2.92%
- Progressive Corp/The 2.67%
- Goldman Sachs Group Inc/The 2.58%
- Splunk Inc 2.57%
- Arista Networks Inc 2.56%
- Intuit Inc 2.55%
Asset Allocation
Weighting | Return Low | Return High | DFMAX % Rank | |
---|---|---|---|---|
Stocks | 98.50% | 0.00% | 124.03% | 60.36% |
Cash | 1.50% | 0.00% | 99.06% | 41.37% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 98.04% |
Other | 0.00% | -13.91% | 100.00% | 96.78% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 98.11% |
Bonds | 0.00% | -0.50% | 93.78% | 97.80% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFMAX % Rank | |
---|---|---|---|---|
Technology | 23.34% | 0.00% | 48.94% | 59.74% |
Healthcare | 14.09% | 0.00% | 60.70% | 63.34% |
Financial Services | 12.53% | 0.00% | 55.59% | 75.08% |
Industrials | 10.42% | 0.00% | 29.90% | 32.91% |
Consumer Cyclical | 9.77% | 0.00% | 30.33% | 63.66% |
Communication Services | 9.12% | 0.00% | 27.94% | 31.63% |
Consumer Defense | 5.87% | 0.00% | 47.71% | 76.28% |
Utilities | 3.87% | 0.00% | 20.91% | 12.78% |
Energy | 3.82% | 0.00% | 41.64% | 61.18% |
Basic Materials | 3.75% | 0.00% | 25.70% | 23.56% |
Real Estate | 3.44% | 0.00% | 31.91% | 24.76% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFMAX % Rank | |
---|---|---|---|---|
US | 98.50% | 0.00% | 124.03% | 46.23% |
Non US | 0.00% | 0.00% | 62.81% | 98.51% |
DFMAX - Expenses
Operational Fees
DFMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.30% | 0.01% | 16.07% | 21.64% |
Management Fee | 0.65% | 0.00% | 1.89% | 75.16% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 63.01% |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
DFMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 1.00% | 5.75% | 95.17% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DFMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 0.25% | 2.00% | 93.48% |
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.
DFMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.04% | 0.00% | 496.00% | 52.77% |
DFMAX - Distributions
Dividend Yield Analysis
DFMAX | Category Low | Category High | DFMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.31% | 0.00% | 25.99% | 38.63% |
Dividend Distribution Analysis
DFMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
DFMAX | Category Low | Category High | DFMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.44% | -54.00% | 6.06% | 65.87% |
Capital Gain Distribution Analysis
DFMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.625 | OrdinaryDividend |
Dec 12, 2022 | $2.961 | OrdinaryDividend |
Dec 11, 2018 | $0.360 | OrdinaryDividend |
Dec 12, 2017 | $0.132 | OrdinaryDividend |
Dec 12, 2016 | $0.043 | OrdinaryDividend |
Dec 08, 2015 | $0.072 | OrdinaryDividend |
Dec 16, 2014 | $0.208 | OrdinaryDividend |
Dec 16, 2013 | $0.144 | OrdinaryDividend |
Dec 17, 2012 | $0.112 | OrdinaryDividend |
Dec 17, 2009 | $0.038 | OrdinaryDividend |
Dec 18, 2008 | $0.047 | OrdinaryDividend |
DFMAX - Fund Manager Analysis
Managers
Brian Clancy
Start Date
Tenure
Tenure Rank
Aug 11, 2008
13.81
13.8%
Brian is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Brian has twenty-one years of investment experience; prior to joining Davidson Investment Advisors, Brian served as co-portfolio manager of SAFECO Asset Management’s Multi-Cap Core fund. Additionally, Brian served as a portfolio manager for the SAFECO Trust Company in Seattle. Beyond portfolio management duties, Brian operated as an equity analyst covering the semiconductor, semiconductor capital equipment, communications technology, office equipment, beverage, and waste management industries. Brian is a member of the CFA Society of Seattle, and serves on the Board of Directors for D.A. Davidson & Co. Brian earned a BS in mathematics from the United States Naval Academy and earned an MBA from the University of Washington.
Paul Condrat
Start Date
Tenure
Tenure Rank
Jun 30, 2011
10.93
10.9%
Paul is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Paul has fourteen years of investment experience, having previously served as a Senior Research Analyst supporting all of Davidson’s equity strategies. Prior to joining the firm, Paul worked with Bainbridge Capital in San Diego as a Business Analyst. He serves on the Board of Directors, as well as the Finance Committee, for InvestED, a public non-profit organization serving secondary school students. Paul is a member of the CFA Society of Seattle. Paul earned a BBA in Finance and Marketing from Gonzaga University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.23 | 2.42 |