Boston Partners All-Cap Value Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.6%
1 yr return
14.5%
3 Yr Avg Return
6.5%
5 Yr Avg Return
9.9%
Net Assets
$1.45 B
Holdings in Top 10
22.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BPAVX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.21%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBoston Partners All-Cap Value Fund
-
Fund Family NameBoston Partners
-
Inception DateJul 19, 2002
-
Shares Outstanding7685238
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDuilio Ramallo
Fund Description
The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets (including borrowings for investment purposes) in a diversified portfolio consisting primarily of equity securities, such as common stocks of issuers across the capitalization spectrum and identified by the Adviser as having value characteristics.
The Adviser will sell a stock when it no longer meets one or more investment criteria, either through obtaining target value or due to an adverse change in fundamentals or business momentum. Each holding has a target valuation established at purchase, which the Adviser constantly monitors and adjusts as appropriate.
The Adviser examines various factors in determining the value characteristics of such issuers including price to book value ratios and price to earnings ratios. These value characteristics are examined in the context of the issuer’s operating and financial fundamentals, such as return on equity and earnings growth and cash flow. The Adviser selects securities for the Fund based on a continuous study of trends in industries and companies, earnings power and growth and other investment criteria.
The Fund may also invest up to 20% of its total assets in non U.S. dollar denominated securities.
The Fund may invest up to 15% of its net assets in illiquid investments, including investments that are illiquid by virtue of the absence of a readily available market or legal or contractual restrictions on resale.
The Fund may participate as a purchaser in initial public offerings of securities (“IPO”). An IPO is a company’s first offering of stock to the public.
The Fund may invest up to 10% of its net assets in securities that can be converted into common stock, such as certain debt securities and preferred stock.
The Fund may hedge overall portfolio exposure up to 40% of its net assets through the purchase and sale of index and individual put and call options.
In general, the Fund’s investments are broadly diversified over a number of industries and, as a matter of policy, the Fund is limited to investing less than 25% of its total assets in any one industry.
While the Adviser intends to fully invest the Fund’s assets at all times in accordance with the above-mentioned policies, the Fund reserves the right to hold up to 100% of its assets, as a temporary defensive measure, in cash and eligible U.S. dollar-denominated money market instruments and make investments inconsistent with its investment objective. The Adviser will determine when market conditions warrant temporary defensive measures.
BPAVX - Performance
Return Ranking - Trailing
Period | BPAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -4.3% | 12.4% | 86.27% |
1 Yr | 14.5% | -8.9% | 32.5% | 50.18% |
3 Yr | 6.5%* | -3.8% | 29.8% | 45.59% |
5 Yr | 9.9%* | -1.6% | 42.9% | 37.42% |
10 Yr | 9.3%* | 1.2% | 24.4% | 25.38% |
* Annualized
Return Ranking - Calendar
Period | BPAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -24.9% | 46.1% | 82.91% |
2022 | -10.1% | -64.7% | 4.6% | 34.05% |
2021 | 18.9% | -44.2% | 57.5% | 38.24% |
2020 | 2.4% | -23.2% | 285.0% | 25.21% |
2019 | 24.6% | -21.4% | 48.5% | 13.86% |
Total Return Ranking - Trailing
Period | BPAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -4.3% | 12.4% | 86.27% |
1 Yr | 14.5% | -8.9% | 32.5% | 50.18% |
3 Yr | 6.5%* | -3.8% | 29.8% | 45.59% |
5 Yr | 9.9%* | -1.6% | 42.9% | 37.42% |
10 Yr | 9.3%* | 1.2% | 24.4% | 25.38% |
* Annualized
Total Return Ranking - Calendar
Period | BPAVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -15.9% | 46.7% | 41.59% |
2022 | -2.7% | -42.0% | 8.5% | 23.41% |
2021 | 25.2% | 3.6% | 129.7% | 59.47% |
2020 | 3.9% | -22.6% | 304.8% | 41.77% |
2019 | 27.5% | -12.7% | 52.1% | 27.23% |
NAV & Total Return History
BPAVX - Holdings
Concentration Analysis
BPAVX | Category Low | Category High | BPAVX % Rank | |
---|---|---|---|---|
Net Assets | 1.45 B | 1.09 M | 163 B | 40.54% |
Number of Holdings | 118 | 2 | 1689 | 26.20% |
Net Assets in Top 10 | 308 M | 420 K | 33.9 B | 45.43% |
Weighting of Top 10 | 22.49% | 4.8% | 99.9% | 77.07% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 5.86%
- Johnson Johnson 2.37%
- Alphabet Inc 1.99%
- Bristol-Myers Squibb Co 1.85%
- JPMorgan Chase Co 1.82%
- Check Point Software Technologies Ltd 1.78%
- Booking Holdings Inc 1.77%
- AbbVie Inc 1.74%
- UnitedHealth Group Inc 1.67%
- American International Group Inc 1.66%
Asset Allocation
Weighting | Return Low | Return High | BPAVX % Rank | |
---|---|---|---|---|
Stocks | 98.03% | 1.86% | 108.42% | 58.92% |
Cash | 7.58% | -0.79% | 38.18% | 2.87% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 11.40% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 6.28% |
Bonds | 0.00% | -0.71% | 73.23% | 9.75% |
Other | -0.32% | -3.53% | 39.72% | 99.74% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BPAVX % Rank | |
---|---|---|---|---|
Healthcare | 23.26% | 0.00% | 30.08% | 6.84% |
Financial Services | 22.76% | 0.00% | 58.05% | 19.72% |
Technology | 14.40% | 0.00% | 54.02% | 22.79% |
Industrials | 13.62% | 0.00% | 42.76% | 21.82% |
Consumer Cyclical | 8.70% | 0.00% | 22.74% | 17.79% |
Energy | 7.44% | 0.00% | 54.00% | 56.97% |
Basic Materials | 4.03% | 0.00% | 21.69% | 33.04% |
Communication Services | 3.10% | 0.00% | 26.58% | 81.77% |
Consumer Defense | 2.70% | 0.00% | 34.10% | 93.78% |
Utilities | 0.00% | 0.00% | 27.04% | 89.48% |
Real Estate | 0.00% | 0.00% | 90.54% | 84.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BPAVX % Rank | |
---|---|---|---|---|
US | 98.03% | 1.86% | 108.42% | 47.17% |
Non US | 0.00% | 0.00% | 27.89% | 35.42% |
BPAVX - Expenses
Operational Fees
BPAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.03% | 14.82% | 36.68% |
Management Fee | 0.70% | 0.00% | 1.50% | 74.33% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 22.86% |
Administrative Fee | N/A | 0.00% | 0.50% | 30.35% |
Sales Fees
BPAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
BPAVX 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.
BPAVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 0.00% | 488.00% | 48.28% |
BPAVX - Distributions
Dividend Yield Analysis
BPAVX | Category Low | Category High | BPAVX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.41% | 0.00% | 38.10% | 5.82% |
Dividend Distribution Analysis
BPAVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
BPAVX | Category Low | Category High | BPAVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.21% | -1.51% | 4.28% | 56.75% |
Capital Gain Distribution Analysis
BPAVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $3.294 | OrdinaryDividend |
Dec 08, 2022 | $2.510 | OrdinaryDividend |
Dec 13, 2018 | $0.214 | OrdinaryDividend |
Dec 14, 2017 | $0.133 | OrdinaryDividend |
Dec 15, 2016 | $0.216 | OrdinaryDividend |
Dec 17, 2015 | $0.252 | OrdinaryDividend |
Dec 19, 2014 | $0.168 | OrdinaryDividend |
Dec 20, 2013 | $0.153 | OrdinaryDividend |
Dec 19, 2012 | $0.232 | OrdinaryDividend |
Dec 18, 2009 | $0.111 | OrdinaryDividend |
Dec 19, 2003 | $0.035 | OrdinaryDividend |
Dec 20, 2002 | $0.018 | OrdinaryDividend |
BPAVX - Fund Manager Analysis
Managers
Duilio Ramallo
Start Date
Tenure
Tenure Rank
Jan 01, 2005
17.42
17.4%
Mr. Ramallo is the senior portfolio manager for Boston Partners Premium Equity product. Previously, Mr. Ramallo was the assistant portfolio manager for the Small Cap Value products. Prior to his portfolio management role, Mr. Ramallo was a research analyst for Boston Partners. He joined the firm from Deloitte & Touche L.L.P., where he spent three years, most recently in their Los Angeles office. Mr. Ramallo holds a B.A. degree in economics/business from the University of California at Los Angeles and an M.B.A. from the Anderson Graduate School of Management at UCLA. He holds the Chartered Financial Analyst® designation. He is also a Certified Public Accountant (inactive). He has twenty-five years of investment experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.07 | 16.42 |