1919 Variable Socially Responsive Balanced Fund
Name
As of 02/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-46.3%
1 yr return
-37.2%
3 Yr Avg Return
-15.6%
5 Yr Avg Return
-3.0%
Net Assets
$34 M
Holdings in Top 10
27.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QLMICX - Profile
Distributions
- YTD Total Return -46.3%
- 3 Yr Annualized Total Return -15.6%
- 5 Yr Annualized Total Return -3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.36%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal Name1919 Variable Socially Responsive Balanced Fund
-
Fund Family Name1919 Funds
-
Inception DateNov 03, 2014
-
Shares Outstanding1187395
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRonald Bates
Fund Description
QLMICX - Performance
Return Ranking - Trailing
Period | QLMICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -46.3% | -2.9% | 17.9% | 5.17% |
1 Yr | -37.2% | -6.9% | 36.0% | 4.48% |
3 Yr | -15.6%* | -5.7% | 8.8% | 6.48% |
5 Yr | -3.0%* | -4.2% | 14.3% | 2.53% |
10 Yr | N/A* | 0.5% | 10.6% | 5.63% |
* Annualized
Return Ranking - Calendar
Period | QLMICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.3% | -12.2% | 23.9% | 10.24% |
2022 | -25.5% | -34.7% | 0.0% | 94.31% |
2021 | 7.1% | -11.9% | 18.1% | 39.26% |
2020 | 14.8% | -20.9% | 39.7% | 4.78% |
2019 | 20.7% | 0.8% | 25.7% | 2.54% |
Total Return Ranking - Trailing
Period | QLMICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -46.3% | -2.9% | 17.9% | 5.17% |
1 Yr | -37.2% | -6.9% | 36.0% | 4.48% |
3 Yr | -15.6%* | -5.7% | 8.8% | 6.48% |
5 Yr | -3.0%* | -4.2% | 14.3% | 2.53% |
10 Yr | N/A* | 0.5% | 10.6% | 5.27% |
* Annualized
Total Return Ranking - Calendar
Period | QLMICX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.2% | -12.2% | 26.8% | 5.19% |
2022 | -20.9% | -29.0% | 10.9% | 97.72% |
2021 | 18.5% | -3.0% | 24.2% | 3.38% |
2020 | 22.9% | -19.5% | 40.6% | 2.31% |
2019 | 26.7% | 4.4% | 32.7% | 2.06% |
NAV & Total Return History
QLMICX - Holdings
Concentration Analysis
QLMICX | Category Low | Category High | QLMICX % Rank | |
---|---|---|---|---|
Net Assets | 34 M | 733 K | 195 B | 93.81% |
Number of Holdings | 143 | 2 | 15744 | 40.39% |
Net Assets in Top 10 | 9.24 M | 618 K | 62.8 B | 96.40% |
Weighting of Top 10 | 27.21% | 11.4% | 118.4% | 74.83% |
Top 10 Holdings
- Microsoft Corp 4.64%
- Apple Inc 4.26%
- Alphabet Inc 3.49%
- Fidelity Government Portfolio 2.73%
- Amazon.com Inc 2.49%
- Eli Lilly Co 2.10%
- NVIDIA Corp 1.94%
- Boston Scientific Corp 1.90%
- Eaton Corp PLC 1.89%
- Broadcom Inc 1.75%
Asset Allocation
Weighting | Return Low | Return High | QLMICX % Rank | |
---|---|---|---|---|
Stocks | 68.94% | 0.00% | 103.09% | 49.10% |
Bonds | 28.31% | 0.00% | 77.27% | 39.00% |
Cash | 2.76% | -10.21% | 100.00% | 34.58% |
Convertible Bonds | 0.72% | 0.00% | 23.84% | 34.26% |
Preferred Stocks | 0.00% | 0.00% | 23.88% | 25.59% |
Other | 0.00% | -41.62% | 117.44% | 43.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | QLMICX % Rank | |
---|---|---|---|---|
Technology | 24.91% | 0.00% | 44.21% | 10.75% |
Healthcare | 18.01% | 0.00% | 29.35% | 7.96% |
Financial Services | 15.52% | 0.00% | 38.77% | 37.57% |
Industrials | 8.69% | 0.00% | 24.37% | 77.93% |
Consumer Cyclical | 8.64% | 0.00% | 19.36% | 68.85% |
Communication Services | 8.31% | 0.00% | 38.10% | 29.47% |
Consumer Defense | 8.05% | 0.00% | 15.14% | 20.95% |
Real Estate | 4.63% | 0.00% | 65.01% | 31.70% |
Utilities | 2.46% | 0.00% | 99.55% | 66.90% |
Basic Materials | 0.79% | 0.00% | 33.35% | 93.99% |
Energy | 0.00% | 0.00% | 85.65% | 93.30% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | QLMICX % Rank | |
---|---|---|---|---|
US | 68.94% | 0.00% | 103.09% | 45.78% |
Non US | 0.00% | 0.00% | 38.68% | 30.71% |
Bond Sector Breakdown
Weighting | Return Low | Return High | QLMICX % Rank | |
---|---|---|---|---|
Corporate | 63.82% | 0.00% | 98.21% | 11.00% |
Government | 15.01% | 0.00% | 97.26% | 75.35% |
Cash & Equivalents | 2.73% | 0.00% | 100.00% | 34.44% |
Securitized | 0.64% | 0.00% | 92.13% | 83.84% |
Derivative | 0.00% | -3.07% | 46.02% | 23.65% |
Municipal | 0.00% | 0.00% | 24.80% | 63.23% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | QLMICX % Rank | |
---|---|---|---|---|
US | 28.31% | 0.00% | 77.27% | 38.04% |
Non US | 0.00% | 0.00% | 14.17% | 15.77% |
QLMICX - Expenses
Operational Fees
QLMICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.45% | 0.03% | 17.63% | 24.93% |
Management Fee | 0.65% | 0.00% | 1.83% | 79.23% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
QLMICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
QLMICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
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.
QLMICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 0.00% | 343.00% | 8.43% |
QLMICX - Distributions
Dividend Yield Analysis
QLMICX | Category Low | Category High | QLMICX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.18% | 1.93% |
Dividend Distribution Analysis
QLMICX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
QLMICX | Category Low | Category High | QLMICX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.36% | -2.34% | 19.41% | 85.63% |
Capital Gain Distribution Analysis
QLMICX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2018 | $0.294 | OrdinaryDividend |
Dec 06, 2017 | $0.303 | OrdinaryDividend |
Dec 28, 2016 | $0.261 | OrdinaryDividend |
Dec 28, 2015 | $0.386 | OrdinaryDividend |
Dec 29, 2014 | $0.217 | OrdinaryDividend |
QLMICX - Fund Manager Analysis
Managers
Ronald Bates
Start Date
Tenure
Tenure Rank
Dec 31, 2006
15.42
15.4%
Ron is a Managing Director at 1919 Investment Counsel, LLC ("1919ic"), a member of the Executive Committee, Director of the Cincinnati office, and the head of the Socialy Responsive Investing Deaprtment. As a Portfolio Manager, his primary responsibility is overseeing portfolio construction and ongoing monitoring of portfolios for individuals, families, foundations, endowments, and institutional clients.
Aimee Eudy
Start Date
Tenure
Tenure Rank
May 21, 2012
10.03
10.0%
Aimee is a Principal and a Portfolio Manager at 1919 Investment Counsel, LLC. As a Portfolio Manager, her primary responsibility is overseeing portfolio construction and ongoing monitoring of a number of private and institutional clients. She also serves as a corporate credit analyst in the taxable fixed income market and is co-manager of both the 1919 Socially Responsive Balanced Fund and the 1919 Variable Socially Responsive Balanced Fund. Aimee is a member of the Fixed Income Committee, Global Total Return Committee and the Socially Responsive Investing Group.
Robert Huesman
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Robert is a Senior Investment Associate at 1919ic. His primary responsibility is to support the Socially Responsive Investment Strategies and work with Portfolio Managers on portfolio construction and ongoing portfolio monitoring.
Alison Bevilacqua
Start Date
Tenure
Tenure Rank
Sep 01, 2020
1.75
1.8%
Ms. Bevilacqua, a portfolio manager and principal at 1919ic, joined a predecessor of 1919ic in 1996. She specializes in corporate responsibility and ESG research.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.34 | 2.41 |