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Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
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The fund invests primarily in securities of companies listed on U.S. stock exchanges. Investments consist primarily of common stocks of companies of any size market capitalization range. It may also invest in preferred stocks, warrants, options, and other equity-like instruments, such as partnership interests, limited liability company interests, business trust shares and rights, REITs, and other securities that are convertible into equity securities. The fund is non-diversified.
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| Period | AKREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.4% | -91.6% | 86.2% | 65.06% |
| 1 Yr | 12.4% | -92.0% | 107.3% | 67.52% |
| 3 Yr | 18.6%* | -59.0% | 39.7% | 7.36% |
| 5 Yr | 17.7%* | -41.4% | 33.4% | 2.45% |
| 10 Yr | 16.7%* | -18.4% | 17.8% | 1.06% |
* Annualized
| Period | AKREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 31.1% | -67.9% | 49.9% | 12.95% |
| 2018 | 4.7% | -65.5% | 10.6% | 1.56% |
| 2017 | 29.7% | -46.3% | 52.2% | 5.12% |
| 2016 | 8.1% | -56.6% | 15.3% | 5.81% |
| 2015 | 2.5% | -82.5% | 11.4% | 14.99% |
| Period | AKREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.4% | -91.6% | 86.2% | 65.06% |
| 1 Yr | 12.4% | -92.0% | 107.3% | 67.52% |
| 3 Yr | 18.9%* | -57.9% | 39.7% | 11.37% |
| 5 Yr | 17.9%* | -38.8% | 33.4% | 6.78% |
| 10 Yr | 17.5%* | -16.8% | 21.9% | 3.98% |
* Annualized
| Period | AKREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 31.1% | -67.9% | 49.9% | 12.95% |
| 2018 | 4.7% | -65.5% | 16.5% | 3.28% |
| 2017 | 30.5% | -28.2% | 52.2% | 23.83% |
| 2016 | 8.3% | -56.6% | 17.1% | 12.36% |
| 2015 | 2.5% | -38.0% | 17.3% | 43.96% |
| AKREX | Category Low | Category High | AKREX % Rank | |
|---|---|---|---|---|
| Net Assets | 15.4 B | 818 K | 235 B | 10.53% |
| Number of Holdings | 21 | 1 | 2263 | 98.03% |
| Net Assets in Top 10 | 8.46 B | 399 K | 71.6 B | 6.89% |
| Weighting of Top 10 | 66.82% | 13.5% | 100.0% | 1.52% |
| Weighting | Return Low | Return High | AKREX % Rank | |
|---|---|---|---|---|
| Stocks | 89.38% | 60.93% | 103.32% | 98.71% |
| Cash | 10.63% | -5.73% | 39.07% | 1.14% |
| Preferred Stocks | 0.00% | 0.00% | 2.55% | 87.58% |
| Other | 0.00% | -1.64% | 18.70% | 87.42% |
| Convertible Bonds | 0.00% | 0.00% | 6.70% | 86.06% |
| Bonds | 0.00% | -0.48% | 13.73% | 86.29% |
| Weighting | Return Low | Return High | AKREX % Rank | |
|---|---|---|---|---|
| Financial Services | 41.40% | 0.00% | 41.40% | 0.15% |
| Real Estate | 22.16% | 0.00% | 22.16% | 0.15% |
| Technology | 10.59% | 4.67% | 54.73% | 99.62% |
| Consumer Cyclical | 10.37% | 0.00% | 44.53% | 85.15% |
| Industrials | 8.07% | 0.00% | 24.88% | 24.32% |
| Consumer Defense | 2.85% | 0.00% | 19.15% | 64.39% |
| Healthcare | 2.39% | 0.00% | 60.93% | 99.77% |
| Communication Services | 2.17% | 0.00% | 34.83% | 96.06% |
| Utilities | 0.00% | 0.00% | 11.79% | 90.76% |
| Energy | 0.00% | 0.00% | 7.94% | 91.67% |
| Basic Materials | 0.00% | 0.00% | 13.33% | 96.29% |
| Weighting | Return Low | Return High | AKREX % Rank | |
|---|---|---|---|---|
| US | 81.90% | 60.93% | 100.05% | 97.73% |
| Non US | 7.48% | 0.00% | 18.83% | 28.33% |
| AKREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.32% | 0.01% | 24.73% | 31.98% |
| Management Fee | 0.90% | 0.00% | 1.40% | 92.82% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 53.19% |
| Administrative Fee | N/A | 0.01% | 1.02% | 47.79% |
| AKREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
| AKREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 0.50% | 2.00% | 92.31% |
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.
| AKREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 3.00% | 0.00% | 464.00% | 1.38% |
| AKREX | Category Low | Category High | AKREX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 19.69% | 86.34% |
| AKREX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
| AKREX | Category Low | Category High | AKREX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.41% | -8.87% | 2.43% | 77.77% |
| AKREX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Start Date
Tenure
Tenure Rank
Aug 31, 2009
11.01
11.0%
Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. At Johnston, Lemon & Co., he managed various parts of the business, including branch management, research, and asset management. Beginning in June of 1993, Chuck operated the firm under the umbrella of Friedman, Billings, Ramsey & Co. Taking the business private again in 2000, he moved the firm to the rural village of Middleburg, Virginia.
Start Date
Tenure
Tenure Rank
Aug 01, 2014
6.09
6.1%
John Neff is a Partner at Akre Capital Management. Previously, he worked for ten years at William Blair & Company in the firm’s equity research department, the last seven years as a senior analyst. John worked at First Chicago NBD Corporation from 1996 to 1999 after beginning his career in the securities industry at Merrill Lynch in 1994. John received his M.B.A. from the University of Chicago in 1999 and holds a B.A. in English from Colgate University.
Start Date
Tenure
Tenure Rank
Jan 01, 2020
0.67
0.7%
Chris Cerrone is a Partner at Akre Capital Management. Prior to joining Akre Capital Management in 2012, Chris served as an equity research analyst for Goldman Sachs & Co. in New York from 2010 to 2012. In that position, he covered restaurant and retail companies. He began his investment management career in 2007 as a junior equity research analyst with Century Capital Management in Boston. Chris graduated summa cum laude with a B.A. in economics from Tufts University.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 37.28 | 8.3 | 1.34 |
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