Wellington Shields All-Cap Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.4%
1 yr return
20.3%
3 Yr Avg Return
2.1%
5 Yr Avg Return
8.6%
Net Assets
$55.1 M
Holdings in Top 10
33.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WSACX - Profile
Distributions
- YTD Total Return 6.4%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.64%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameWellington Shields All-Cap Fund
-
Fund Family NameWellington Shields
-
Inception DateFeb 12, 1997
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlexander L.M. Cripps
Fund Description
Principal Investment Strategies of the Fund. The All-Cap Fund pursues its investment objective by investing primarily in equity securities of all market capitalizations.
The All-Cap Funds investments will be primarily in equity securities, such as common and preferred stock, securities convertible into common stock, exchange traded funds (ETFs) that focus their investments in equity securities, and short sales. Under normal market conditions, the All-Cap Fund will invest at least 80% of its total assets in equity securities.
While the All-Cap Funds primary focus is investment in equity securities, the All-Cap Fund has flexibility to invest in other types of securities when the Advisor believes they offer opportunities that are more attractive. Accordingly, the All-Cap Fund may invest in derivative instruments, including put and call options. The All-Cap Fund will generally invest in derivative instruments for hedging and income generation purposes. The All-Cap Fund may also sell a security short (i.e., sell a security borrowed from a broker) if the Advisor expects the market price for the security to drop in the future. When the All-Cap Fund makes a short sale of a security, the All-Cap Fund will have to replace the security in the future, whether
or not the price declines. The All-Cap Fund may hold up to 20% of its net assets in derivative instruments and short positions at any time.
In selecting portfolio securities, Capital Management Associates, Inc. (CMA or the Advisor) uses various screens and models to produce a potential universe of companies. Then through fundamental research, the Advisor selects from that universe companies whose current share price is relatively undervalued. The Advisor considers selling or reducing the All-Cap Funds holding in a security if the security no longer meets the Advisors investment criteria or the Advisor believes a more attractive investment alternative is available. Final investment decisions are made by the All-Cap Funds portfolio managers.
WSACX - Performance
Return Ranking - Trailing
Period | WSACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | -16.3% | 19.3% | 61.85% |
1 Yr | 20.3% | -24.2% | 56.3% | 87.81% |
3 Yr | 2.1%* | -31.3% | 22.2% | 75.40% |
5 Yr | 8.6%* | -16.7% | 28.7% | 93.00% |
10 Yr | 7.1%* | -5.9% | 18.7% | 97.28% |
* Annualized
Return Ranking - Calendar
Period | WSACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.7% | -74.1% | 72.4% | 96.56% |
2022 | -25.4% | -85.9% | 4.7% | 13.91% |
2021 | 13.2% | -52.4% | 60.5% | 32.92% |
2020 | 15.1% | -34.3% | 145.0% | 85.88% |
2019 | 17.3% | -21.8% | 49.4% | 86.81% |
Total Return Ranking - Trailing
Period | WSACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.4% | -16.3% | 19.3% | 61.85% |
1 Yr | 20.3% | -24.2% | 56.3% | 87.81% |
3 Yr | 2.1%* | -31.3% | 22.2% | 75.40% |
5 Yr | 8.6%* | -16.7% | 28.7% | 93.00% |
10 Yr | 7.1%* | -5.9% | 18.7% | 97.28% |
* Annualized
Total Return Ranking - Calendar
Period | WSACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.6% | -4.6% | 72.4% | 98.62% |
2022 | -19.5% | -61.7% | 5.6% | 8.49% |
2021 | 23.4% | -39.8% | 118.1% | 37.79% |
2020 | 15.3% | 2.8% | 149.2% | 97.34% |
2019 | 26.4% | -5.2% | 49.4% | 93.74% |
NAV & Total Return History
WSACX - Holdings
Concentration Analysis
WSACX | Category Low | Category High | WSACX % Rank | |
---|---|---|---|---|
Net Assets | 55.1 M | 242 K | 269 B | 91.58% |
Number of Holdings | 49 | 1 | 3217 | 67.15% |
Net Assets in Top 10 | 16.7 M | 104 K | 111 B | 94.76% |
Weighting of Top 10 | 33.64% | 0.7% | 205.0% | 88.74% |
Top 10 Holdings
- Microsoft Corporation 4.19%
- Linde PLC (United Kingdom) 4.16%
- First American Treasury Obligations Fund - Class X 3.61%
- Apple, Inc. 3.44%
- Amazon.com, Inc. 3.23%
- Alphabet, Inc. - Class A 3.20%
- Diamondback Energy, Inc. 3.10%
- Palo Alto Networks, Inc. 2.97%
- Blackrock Inc. 2.87%
- Chart Industries, Inc. 2.87%
Asset Allocation
Weighting | Return Low | Return High | WSACX % Rank | |
---|---|---|---|---|
Stocks | 96.36% | 0.00% | 130.05% | 87.50% |
Cash | 3.64% | -1.50% | 173.52% | 12.08% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 91.47% |
Other | 0.00% | -43.49% | 50.04% | 88.85% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 90.95% |
Bonds | 0.00% | 0.00% | 104.15% | 90.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WSACX % Rank | |
---|---|---|---|---|
Basic Materials | 15.44% | 0.00% | 18.91% | 0.34% |
Industrials | 13.85% | 0.00% | 30.65% | 5.33% |
Technology | 13.52% | 0.00% | 65.70% | 97.46% |
Financial Services | 13.21% | 0.00% | 43.06% | 21.40% |
Energy | 12.01% | 0.00% | 41.09% | 1.95% |
Healthcare | 11.83% | 0.00% | 39.76% | 57.28% |
Consumer Cyclical | 6.27% | 0.00% | 62.57% | 96.02% |
Consumer Defense | 4.94% | 0.00% | 25.50% | 32.66% |
Communication Services | 4.70% | 0.00% | 66.40% | 90.52% |
Real Estate | 2.29% | 0.00% | 16.05% | 25.21% |
Utilities | 1.95% | 0.00% | 16.07% | 8.80% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WSACX % Rank | |
---|---|---|---|---|
US | 96.36% | 0.00% | 130.05% | 74.58% |
Non US | 0.00% | 0.00% | 78.10% | 93.33% |
WSACX - Expenses
Operational Fees
WSACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.38% | 0.01% | 19.54% | 22.95% |
Management Fee | 1.00% | 0.00% | 1.50% | 98.47% |
12b-1 Fee | N/A | 0.00% | 1.00% | 18.03% |
Administrative Fee | N/A | 0.01% | 1.02% | 84.81% |
Sales Fees
WSACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
WSACX 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.
WSACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.90% | 0.00% | 316.74% | 63.42% |
WSACX - Distributions
Dividend Yield Analysis
WSACX | Category Low | Category High | WSACX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.36% | 0.00% | 28.16% | 32.74% |
Dividend Distribution Analysis
WSACX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
WSACX | Category Low | Category High | WSACX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.64% | -6.13% | 3.48% | 72.71% |
Capital Gain Distribution Analysis
WSACX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.090 | OrdinaryDividend |
Dec 28, 2022 | $0.040 | OrdinaryDividend |
Nov 23, 2022 | $1.744 | OrdinaryDividend |
Nov 22, 2019 | $1.670 | OrdinaryDividend |
Dec 31, 2007 | $0.053 | OrdinaryDividend |
Sep 30, 2002 | $0.010 | OrdinaryDividend |
Jun 28, 2002 | $0.010 | OrdinaryDividend |
WSACX - Fund Manager Analysis
Managers
Alexander L.M. Cripps
Start Date
Tenure
Tenure Rank
Mar 29, 2016
6.18
6.2%
Mr. Cripps is a Portfolio Manager, Analyst and Member of the Investment Policy Committee of CMA since 2010 and has been affiliated with CMA since 2005.
W. Jameson McFadden
Start Date
Tenure
Tenure Rank
Mar 29, 2016
6.18
6.2%
Mr. McFadden has been the President of CMA since January 1, 2014, and has been affiliated with CMA since 2006. Mr. McFadden is also Managing Member of Wellington Shields & Co., LLC (“WSC”), the distributor for the Funds.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.21 | 3.08 |