Hedeker Strategic Appreciation Instl
Name
As of 12/09/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.1%
1 yr return
2.5%
3 Yr Avg Return
2.7%
5 Yr Avg Return
N/A
Net Assets
$60.9 M
Holdings in Top 10
35.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 73.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SAFFX - Profile
Distributions
- YTD Total Return -2.1%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.02%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameHedeker Strategic Appreciation Fund
-
Fund Family NameHedeker Wealth
-
Inception DateDec 21, 2016
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRyan Casaquite
Fund Description
SAFFX - Performance
Return Ranking - Trailing
Period | SAFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -4.6% | 58.5% | 98.77% |
1 Yr | 2.5% | 2.5% | 58.1% | 100.00% |
3 Yr | 2.7%* | 2.7% | 23.6% | 100.00% |
5 Yr | N/A* | 6.0% | 19.0% | N/A |
10 Yr | N/A* | 6.2% | 13.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | SAFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | 4.5% | 24.4% | 98.77% |
2022 | -7.2% | -15.4% | -2.5% | 33.33% |
2021 | -1.0% | -7.8% | 15.4% | 87.01% |
2020 | N/A | 0.4% | 14.2% | N/A |
2019 | N/A | -26.1% | 2.5% | N/A |
Total Return Ranking - Trailing
Period | SAFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.1% | -4.6% | 58.5% | 98.77% |
1 Yr | 2.5% | 2.5% | 58.1% | 100.00% |
3 Yr | 2.7%* | 2.7% | 23.6% | 100.00% |
5 Yr | N/A* | 5.3% | 19.0% | N/A |
10 Yr | N/A* | 6.0% | 13.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SAFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | 4.5% | 24.4% | 98.77% |
2022 | -7.2% | -15.4% | 4.5% | 69.23% |
2021 | -1.0% | -1.0% | 18.4% | 100.00% |
2020 | N/A | 0.4% | 16.5% | N/A |
2019 | N/A | -26.1% | 4.9% | N/A |
NAV & Total Return History
SAFFX - Holdings
Concentration Analysis
SAFFX | Category Low | Category High | SAFFX % Rank | |
---|---|---|---|---|
Net Assets | 60.9 M | 50.2 M | 6 B | 98.84% |
Number of Holdings | 53 | 47 | 384 | 91.86% |
Net Assets in Top 10 | 21.8 M | 6.83 M | 1.13 B | 94.19% |
Weighting of Top 10 | 35.60% | 10.3% | 76.9% | 13.95% |
Top 10 Holdings
- Fidelity® Inv MM Fds Government Instl 10.11%
- NextEra Energy Inc Unit (4.872% Equity Units Due 09/01/2022) 3.54%
- Gossamer Bio Inc 5% 3.37%
- Akamai Technologies, Inc. 0.12% 3.16%
- Neogenomics Inc 1.25% 3.08%
- Square Inc 0.5% 2.95%
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. 4.12% 2.63%
- Rapid7 Incorporation 1.25% 2.56%
- Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- 2.43%
- Nuance Communications, Inc. 1% 2.38%
Asset Allocation
Weighting | Return Low | Return High | SAFFX % Rank | |
---|---|---|---|---|
Convertible Bonds | 77.96% | 3.48% | 106.04% | 51.16% |
Cash | 10.13% | 0.00% | 10.13% | 1.16% |
Preferred Stocks | 6.16% | 0.00% | 21.19% | 81.40% |
Stocks | 5.75% | 0.00% | 30.60% | 48.84% |
Other | 0.00% | -13.30% | 7.56% | 53.49% |
Bonds | 0.00% | -16.71% | 53.96% | 50.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SAFFX % Rank | |
---|---|---|---|---|
Utilities | 74.81% | 0.00% | 100.00% | 21.79% |
Financial Services | 25.19% | 0.00% | 96.48% | 2.56% |
Technology | 0.00% | 0.00% | 27.17% | 55.13% |
Real Estate | 0.00% | 0.00% | 24.05% | 37.18% |
Industrials | 0.00% | 0.00% | 100.00% | 84.62% |
Healthcare | 0.00% | 0.00% | 29.49% | 80.77% |
Energy | 0.00% | 0.00% | 25.12% | 44.87% |
Communication Services | 0.00% | 0.00% | 18.54% | 35.90% |
Consumer Defense | 0.00% | 0.00% | 8.13% | 29.49% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 39.74% |
Basic Materials | 0.00% | 0.00% | 18.82% | 44.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SAFFX % Rank | |
---|---|---|---|---|
US | 5.75% | 0.00% | 30.38% | 48.84% |
Non US | 0.00% | 0.00% | 3.76% | 38.37% |
SAFFX - Expenses
Operational Fees
SAFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.40% | 0.20% | 8.22% | 36.47% |
Management Fee | 1.00% | 0.20% | 1.42% | 95.29% |
12b-1 Fee | N/A | 0.00% | 1.00% | 7.14% |
Administrative Fee | N/A | 0.04% | 0.15% | 61.22% |
Sales Fees
SAFFX 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
SAFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
SAFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 73.00% | 5.00% | 161.00% | 52.33% |
SAFFX - Distributions
Dividend Yield Analysis
SAFFX | Category Low | Category High | SAFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.30% | 0.00% | 1.79% | 26.74% |
Dividend Distribution Analysis
SAFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
SAFFX | Category Low | Category High | SAFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.02% | -0.63% | 9.48% | 18.82% |
Capital Gain Distribution Analysis
SAFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.226 | |
Dec 21, 2018 | $0.233 | |
Sep 28, 2018 | $0.151 | |
Jun 29, 2018 | $0.137 | |
Mar 29, 2018 | $0.121 | |
Sep 29, 2017 | $0.020 | |
Jun 30, 2017 | $0.015 |
SAFFX - Fund Manager Analysis
Managers
Ryan Casaquite
Start Date
Tenure
Tenure Rank
Jul 02, 2019
1.42
1.4%
Ryan Casaquite has served as Senior Trader and Research Analyst for Hedeker Wealth LLC since July 2, 2018. Mr. Casaquite has over 17 years of experience in convertible bonds, equities, derivatives, corporate bonds, and fixed-rate and auction-rate securities. Prior to joining Hedeker Wealth , Mr. Casaquite worked at BMO Capital Markets as an Associate from February 2016 to June 2018. Previously, Mr. Casaquite served as a Portfolio Manager of convertible arbitrage strategies and Senior Trader for Zazove Associates LLC from August 2009 to December 2015. Prior to Zazove Associates, LLC, Mr. Casaquite served as Portfolio Manager and Senior Trader of a convertible arbitrage hedge fund at Grace Brothers Management LLC from September 2001 to June 2009. Mr. Casaquite holds a Bachelor’s of Science Degree in finance and management information systems from Loyola University Chicago.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 35.47 | 10.02 | 5.92 |