BUIBX: Buffalo Flexible Income Fund

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BUIBX Buffalo Flexible Income Fund


Profile

BUIBX - Profile

Vitals

  • YTD Return -10.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $450 M
  • Holdings in Top 10 30.3%

52 WEEK LOW AND HIGH

$14.15
$10.35
$16.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250,000
  • IRA $250,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--85%+ Equity

Distributions

  • YTD Total Return -10.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Buffalo Flexible Income Fund
  • Fund Family Name
    Buffalo
  • Inception Date
    Jul 01, 2019
  • Shares Outstanding
    11035165
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Kornitzer

Fund Description

The fund invests in both debt and equity securities. It is anticipated that the dollar-weighted average maturity of debt securities that the fund purchases will not exceed 15 years. With respect to its investments in equity securities, the fund may invest in companies in any sector and of any size of market capitalization. It may invest up to 20% of its net assets in sponsored or unsponsored ADRs and securities of foreign companies that are traded on U.S. stock exchanges and U.S. over-the-counter markets.


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Categories

Performance

BUIBX - Performance

Return Ranking - Trailing

Period BUIBX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.6% -84.2% 127.7% 60.37%
1 Yr N/A -87.4% 86.0% 14.16%
3 Yr N/A* -53.9% 24.8% 19.19%
5 Yr N/A* -45.6% 25.3% 10.81%
10 Yr N/A* -16.6% 32.4% 40.32%

* Annualized

Return Ranking - Calendar

Period BUIBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -24.2% 71.9% N/A
2018 N/A -35.0% 12.7% N/A
2017 N/A -25.3% 59.5% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

Total Return Ranking - Trailing

Period BUIBX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.6% -84.2% 127.7% 60.37%
1 Yr N/A -87.4% 86.0% 13.58%
3 Yr N/A* -53.9% 29.7% 26.60%
5 Yr N/A* -45.6% 28.3% 20.72%
10 Yr N/A* -16.6% 34.2% 48.39%

* Annualized

Total Return Ranking - Calendar

Period BUIBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -22.9% 71.9% N/A
2018 N/A -31.5% 12.7% N/A
2017 N/A -25.3% 68.6% N/A
2016 N/A -15.5% 42.5% N/A
2015 N/A -65.1% 11.8% N/A

NAV & Total Return History


Holdings

BUIBX - Holdings

Concentration Analysis

BUIBX Category Low Category High BUIBX % Rank
Net Assets 450 M 105 K 7.33 B 21.91%
Number of Holdings 76 3 1562 34.26%
Net Assets in Top 10 179 M 409 K 2.15 B 27.47%
Weighting of Top 10 30.32% 16.0% 238.7% 80.74%

Top 10 Holdings

  1. Microsoft Corp 4.81%
  2. Boeing Co 3.87%
  3. Chevron Corp 3.07%
  4. Intel Corp 3.04%
  5. Procter & Gamble Co 2.75%
  6. Johnson & Johnson 2.72%
  7. Coca-Cola Co 2.58%
  8. Verizon Communications Inc 2.50%
  9. Costco Wholesale Corp 2.49%
  10. Truist Financial Corp 2.48%

Asset Allocation

Weighting Return Low Return High BUIBX % Rank
Stocks
94.27% 81.68% 379.21% 70.68%
Convertible Bonds
2.25% -0.02% 3.65% 3.40%
Cash
1.82% -279.21% 32.48% 56.17%
Bonds
1.66% -43.96% 69.78% 13.27%
Preferred Stocks
0.00% 0.00% 7.00% 22.53%
Other
0.00% -52.75% 26.00% 27.16%

Stock Sector Breakdown

Weighting Return Low Return High BUIBX % Rank
Energy
26.20% 0.00% 100.00% 28.04%
Consumer Defense
20.46% 0.00% 20.46% 0.68%
Healthcare
13.59% 0.00% 100.00% 50.34%
Technology
13.25% 0.00% 52.20% 52.03%
Industrials
8.33% 0.00% 49.81% 51.69%
Communication Services
6.69% 0.00% 23.93% 46.62%
Financial Services
6.62% 0.00% 46.06% 58.45%
Real Estate
2.73% 0.00% 99.68% 44.26%
Basic Materials
2.13% 0.00% 15.50% 40.88%
Utilities
0.00% 0.00% 28.31% 79.05%
Consumer Cyclical
0.00% 0.00% 32.69% 76.01%

Stock Geographic Breakdown

Weighting Return Low Return High BUIBX % Rank
US
86.34% 80.06% 379.21% 77.16%
Non US
7.93% -1.51% 39.88% 18.52%

Bond Sector Breakdown

Weighting Return Low Return High BUIBX % Rank
Corporate
68.15% 0.00% 99.95% 6.19%
Cash & Equivalents
31.85% -0.91% 100.00% 82.04%
Derivative
0.00% 0.00% 32.38% 17.65%
Securitized
0.00% 0.00% 26.09% 20.43%
Municipal
0.00% 0.00% 2.17% 19.81%
Government
0.00% 0.00% 100.00% 24.15%

Bond Geographic Breakdown

Weighting Return Low Return High BUIBX % Rank
US
1.66% -43.96% 50.02% 13.27%
Non US
0.00% 0.00% 20.45% 22.22%

Expenses

BUIBX - Expenses

Operational Fees

BUIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.37% 37.17% N/A
Management Fee 0.85% 0.00% 2.64% 31.79%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.45% N/A

Sales Fees

BUIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BUIBX 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.

BUIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 5191.00% 9.25%

Distributions

BUIBX - Distributions

Dividend Yield Analysis

BUIBX Category Low Category High BUIBX % Rank
Dividend Yield 0.43% 0.00% 22.50% 15.43%

Dividend Distribution Analysis

BUIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

BUIBX Category Low Category High BUIBX % Rank
Net Income Ratio N/A -49.00% 8.14% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

BUIBX - Fund Manager Analysis

Managers

John Kornitzer


Start Date

Tenure

Tenure Rank

Jan 01, 2003

17.34

17.3%

Mr. Kornitzer is the president and chief investment officer of KCM, and has been an investment professional since 1968. He served as investment manager at several Fortune 500 companies prior to founding KCM in 1989. Mr. Kornitzer received his degree in Business Administration from St. Francis College in Pennsylvania.

Paul Dlugosch


Start Date

Tenure

Tenure Rank

May 31, 2011

8.92

8.9%

Mr. Dlugosch has been an investment professional since 1997 and joined KCM in 2002. Previously, Mr. Dlugosch worked at Antares Capital Corporation and LaSalle National Bank in Chicago, Illinois. Mr. Dlugosch holds the Chartered Financial Analyst designation. He holds a B.S. in Business Administration from the University of Iowa.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 24.68 5.67 10.09