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AKREX Akre Focus Retail

  • Fund
  • AKREX
  • Price as of: Apr 24, 2019
  • $41.75 + $0.09 + 0.22%
  • Category
  • Mid Cap Growth Equities

AKREX - Profile

Vitals

  • YTD Return 23.0%
  • 3 Yr Annualized Return 20.6%
  • 5 Yr Annualized Return 15.2%
  • Net Assets $9.82 B
  • Holdings in Top 10 72.7%

52 WEEK LOW AND HIGH

$41.75
$31.97
$41.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.32%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 4.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Mid Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 23.0%
  • 3 Yr Annualized Total Return 20.9%
  • 5 Yr Annualized Total Return 15.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Akre Focus Fund
  • Fund Family Name Akre
  • Inception Date Aug 31, 2009
  • Shares Outstanding 120826248
  • Share Class Adv
  • Currency USD
  • Domiciled Country United States

Fund Description

The Akre Focus Fund Retail Class (AKREX) is an actively managed fund that bets on U.S. large-cap growth stocks. AKREX’s managers use a three-tiered approach to picking stocks for the portfolio. By looking at management, cash flows and the underlying business of companies, AKREX’s management picks the best opportunities in the sector. The fund is highly concentrated in these best ideas. AKREX focuses mostly on U.S. stocks, however, it is free to own foreign equities as well.

Given its riskier nature and large bets on single stocks, AKREX is best suited as a satellite position in a portfolio. The fund is managed by Akre Capital Management.

AKREX - Performance

Return Ranking - Trailing

Period AKREX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.0% 2.3% 34.4% 55.03%
1 Yr 25.3% -42.5% 24.6% 0.38%
3 Yr 20.6%* -24.8% 24.3% 1.54%
5 Yr 15.2%* -29.0% 15.0% 0.40%
10 Yr N/A* -10.1% 18.6% N/A

* Annualized


Return Ranking - Calendar

Period AKREX Return Category Return Low Category Return High Rank in Category (%)
2018 4.7% -52.1% 9.2% 1.71%
2017 29.7% -38.9% 36.0% 4.75%
2016 8.1% -61.7% 27.9% 15.31%
2015 2.5% -82.5% 12.2% 3.49%
2014 8.3% -23.5% 17.9% 7.65%

Total Return Ranking - Trailing

Period AKREX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.0% 2.3% 34.4% 55.03%
1 Yr 25.3% -42.5% 35.9% 0.76%
3 Yr 20.9%* -14.7% 25.6% 2.70%
5 Yr 15.8%* -21.6% 17.0% 1.39%
10 Yr N/A* -6.0% 21.2% N/A

* Annualized


Total Return Ranking - Calendar

Period AKREX Return Category Return Low Category Return High Rank in Category (%)
2018 4.7% -51.7% 12.2% 2.09%
2017 30.5% -7.0% 56.2% 9.32%
2016 8.3% -61.7% 27.9% 25.00%
2015 2.5% -54.0% 12.2% 17.25%
2014 10.5% -23.5% 18.1% 16.90%

NAV & Total Return History

AKREX - Holdings

Concentration Analysis

AKREX Category Low Category High AKREX % Rank
Net Assets 9.82 B 1.37 M 31.6 B 7.59%
Number of Holdings 22 7 2233 98.10%
Net Assets in Top 10 6.08 B 538 K 6.08 B 0.19%
Weighting of Top 10 72.73% 6.7% 93.6% 2.66%

Top 10 Holdings

  1. American Tower Corp 12.71%

  2. Mastercard Inc A 10.93%

  3. Moody's Corporation 9.78%

  4. Visa Inc Class A 7.85%

  5. O'Reilly Automotive Inc 6.36%

  6. SBA Communications Corp 5.38%

  7. Markel Corp 5.36%

  8. Dollar Tree Inc 5.16%

  9. Roper Technologies Inc 4.77%

  10. CarMax Inc 4.57%


Asset Allocation

Weighting Return Low Return High AKREX % Rank
Stocks
94.63% 5.68% 128.37% 82.35%
Cash
5.37% -28.36% 90.76% 15.75%
Preferred Stocks
0.00% 0.00% 8.95% 79.32%
Other
0.00% -9.62% 12.79% 79.13%
Convertible Bonds
0.00% 0.00% 8.41% 78.56%
Bonds
0.00% 0.00% 60.37% 78.56%

Stock Sector Breakdown

Weighting Return Low Return High AKREX % Rank
Financial Services
42.38% 0.00% 42.38% 0.19%
Communication Services
18.08% 0.00% 18.08% 0.19%
Consumer Cyclical
10.47% 1.18% 47.93% 83.68%
Technology
8.21% 0.00% 64.91% 96.20%
Industrials
8.14% 0.00% 40.82% 88.24%
Consumer Defense
5.16% 0.00% 16.94% 33.21%
Healthcare
2.19% 0.00% 36.62% 97.34%
Utilities
0.00% 0.00% 11.40% 83.30%
Real Estate
0.00% 0.00% 41.91% 96.02%
Energy
0.00% 0.00% 13.78% 95.26%
Basic Materials
0.00% 0.00% 15.41% 96.02%

Stock Geographic Breakdown

Weighting Return Low Return High AKREX % Rank
US
90.19% 5.51% 123.87% 72.68%
Non US
4.44% 0.00% 25.73% 33.59%

AKREX - Expenses

Operational Fees

AKREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.07% 6.14% 41.75%
Management Fee 0.90% 0.06% 1.50% 81.40%
12b-1 Fee 0.25% 0.00% 1.00% 53.95%
Administrative Fee 0.06% 0.01% 0.72% 25.91%

Sales Fees

AKREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AKREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.05% 2.00% 91.67%

Turnover 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.

AKREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 4.00% 1.85% 495.00% 1.71%

AKREX - Distributions

Dividend Yield Analysis

AKREX Category Low Category High AKREX % Rank
Dividend Yield 0.00% 0.00% 0.05% 81.78%

Dividend Distribution Analysis

AKREX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

AKREX Category Low Category High AKREX % Rank
Net Income Ratio -0.48% -2.55% 4.79% 59.39%

Capital Gain Distribution Analysis

AKREX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

AKREX - Managers

Tenure Analysis

Category Low

0.03

Category High

33.13

Category Average

8.57

Category Mode

8.59