Bright Rock Mid Cap Growth Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.1%
1 yr return
5.8%
3 Yr Avg Return
2.0%
5 Yr Avg Return
8.6%
Net Assets
$88.4 M
Holdings in Top 10
46.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.13%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.10%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BQMGX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.28%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBright Rock Mid Cap Growth Fund
-
Fund Family NameBright Rock
-
Inception DateMay 26, 2010
-
Shares Outstanding4015187
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDouglas Butler
Fund Description
BQMGX - Performance
Return Ranking - Trailing
Period | BQMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -20.2% | 18.8% | 36.60% |
1 Yr | 5.8% | -10.9% | 46.0% | 92.76% |
3 Yr | 2.0%* | -29.8% | 78.1% | 12.57% |
5 Yr | 8.6%* | -5.4% | 97.1% | 50.71% |
10 Yr | 9.2%* | -0.4% | 35.9% | 59.95% |
* Annualized
Return Ranking - Calendar
Period | BQMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.0% | -27.7% | 68.0% | 75.32% |
2022 | -23.8% | -85.6% | 350.1% | 11.19% |
2021 | 13.6% | -77.0% | 238.3% | 13.44% |
2020 | 13.6% | -44.1% | 2474.5% | 85.52% |
2019 | 27.5% | -50.2% | 44.0% | 40.70% |
Total Return Ranking - Trailing
Period | BQMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -20.2% | 18.8% | 36.60% |
1 Yr | 5.8% | -10.9% | 46.0% | 92.76% |
3 Yr | 2.0%* | -29.8% | 78.1% | 12.57% |
5 Yr | 8.6%* | -5.4% | 97.1% | 50.71% |
10 Yr | 9.2%* | -0.4% | 35.9% | 59.95% |
* Annualized
Total Return Ranking - Calendar
Period | BQMGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.0% | -26.1% | 68.0% | 91.65% |
2022 | -19.3% | -67.0% | 440.7% | 11.94% |
2021 | 23.1% | -23.5% | 342.2% | 9.60% |
2020 | 19.6% | 2.6% | 2549.1% | 91.67% |
2019 | 32.1% | 14.6% | 44.8% | 61.76% |
NAV & Total Return History
BQMGX - Holdings
Concentration Analysis
BQMGX | Category Low | Category High | BQMGX % Rank | |
---|---|---|---|---|
Net Assets | 88.4 M | 2.73 M | 100 B | 88.54% |
Number of Holdings | 33 | 25 | 3644 | 94.64% |
Net Assets in Top 10 | 37.8 M | 449 K | 9.69 B | 84.10% |
Weighting of Top 10 | 46.90% | 0.4% | 99.9% | 11.83% |
Top 10 Holdings
- Copart Inc 8.73%
- ONEOK Inc 5.12%
- Tractor Supply Co 4.91%
- Hershey Co/The 4.67%
- Arista Networks Inc 4.09%
- IDEXX Laboratories Inc 4.05%
- Jack Henry Associates Inc 3.86%
- AMETEK Inc 3.85%
- Amphenol Corp 3.84%
- Fastenal Co 3.78%
Asset Allocation
Weighting | Return Low | Return High | BQMGX % Rank | |
---|---|---|---|---|
Stocks | 99.88% | 0.92% | 101.30% | 15.16% |
Cash | 0.12% | 0.00% | 99.08% | 84.29% |
Preferred Stocks | 0.00% | 0.00% | 5.46% | 62.85% |
Other | 0.00% | -0.18% | 16.96% | 70.06% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 56.75% |
Bonds | 0.00% | -3.27% | 1.87% | 59.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BQMGX % Rank | |
---|---|---|---|---|
Technology | 24.65% | 0.04% | 62.17% | 78.19% |
Consumer Cyclical | 19.33% | 0.00% | 57.41% | 5.73% |
Healthcare | 12.89% | 0.00% | 37.06% | 82.99% |
Consumer Defense | 11.54% | 0.00% | 16.40% | 0.37% |
Financial Services | 9.88% | 0.00% | 43.01% | 31.61% |
Industrials | 9.09% | 0.00% | 38.23% | 86.88% |
Energy | 7.15% | 0.00% | 62.10% | 6.65% |
Basic Materials | 3.67% | 0.00% | 17.25% | 28.47% |
Communication Services | 1.79% | 0.00% | 18.33% | 65.99% |
Utilities | 0.00% | 0.00% | 12.94% | 67.65% |
Real Estate | 0.00% | 0.00% | 19.28% | 90.76% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BQMGX % Rank | |
---|---|---|---|---|
US | 99.88% | 0.64% | 101.30% | 11.83% |
Non US | 0.00% | 0.00% | 34.57% | 67.47% |
BQMGX - Expenses
Operational Fees
BQMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.13% | 0.02% | 17.54% | 44.98% |
Management Fee | 0.75% | 0.00% | 1.50% | 58.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.40% | 36.96% |
Sales Fees
BQMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BQMGX 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.
BQMGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.10% | 0.00% | 250.31% | 22.79% |
BQMGX - Distributions
Dividend Yield Analysis
BQMGX | Category Low | Category High | BQMGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 35.39% | 65.43% |
Dividend Distribution Analysis
BQMGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annual | Annual |
Net Income Ratio Analysis
BQMGX | Category Low | Category High | BQMGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.28% | -2.24% | 2.75% | 22.51% |
Capital Gain Distribution Analysis
BQMGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2017 | $0.014 | OrdinaryDividend |
Dec 15, 2016 | $0.009 | OrdinaryDividend |
BQMGX - Fund Manager Analysis
Managers
Douglas Butler
Start Date
Tenure
Tenure Rank
Jun 28, 2012
9.93
9.9%
Douglas S. Butler, CFA®, CFP® Doug Butler has worked in the investment business since 1991. Douglas Butler has served as Director of Research of Rockland Trust since 2004. Prior to joining Rockland Trust, Mr. Butler had a consulting business, specializing in mergers and acquisitions consulting for private manufacturing firms in the Chicago area. Prior to that, Mr. Butler was an equity portfolio manager for Sanford C. Bernstein. Mr. Butler is a CFA charter holder and has also received his designation as a Certified Financial PlannerTM.
David Smith
Start Date
Tenure
Tenure Rank
Jun 28, 2012
9.93
9.9%
David Smith has worked in the investment management field since 1990. As the Chief Investment Officer and Senior Portfolio Manager, he is responsible for the oversight and direction of Bright Rock Capital. He also is responsible for managing client portfolios. In this capacity, Mr. Smith is involved in performing research and setting investment policy. Prior to joining Bright Rock Capital in 2010, Mr. Smith was a founding partner, Senior Vice President and a Senior Portfolio Manager of Mellon Growth Advisors (MGA), a subsidiary of Mellon Financial Corporation. He was the lead portfolio manager for the firm’s MGA Small Cap Growth, MGA Small/Mid Cap Growth, and MGA Mid Cap Growth strategies. Previously, Mr. Smith was a Principal at State Street Global Advisors (SSgA) where he led the US Small/Mid Cap Growth strategies in its Global Fundamental Strategies group. Prior to this, he was Managing Director of real estate securities at the Tuckerman Group, SSgA’s real estate subsidiary. Mr. Smith holds a B.A. in Economics from the University of Massachusetts/Amherst and a M.S. in Finance from the Sawyer School of Management at Suffolk University. He is a CFA charter holder, a member of the CFA Institute and the Boston Security Analysts Society. Mr. Smith serves on the SSgA Advisory Council and on the MSF Advisory Board for the MSF Program at the Sawyer School of Management at Suffolk University. He is also on the Board of Directors of Cardinal Cushing Centers Inc. and the Investment Committee for the South Shore Chamber of Commerce.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.34 | 11.76 |