Buffalo Flexible Income Fund
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
20.3%
1 yr return
29.1%
3 Yr Avg Return
6.3%
5 Yr Avg Return
8.4%
Net Assets
$429 M
Holdings in Top 10
37.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.86%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 1.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--85%+ Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
BUIBX - Profile
Distributions
- YTD Total Return 20.3%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.19%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBuffalo Flexible Income Fund
-
Fund Family NameBuffalo
-
Inception DateJul 01, 2019
-
Shares Outstanding8865315
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn 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.
BUIBX - Performance
Return Ranking - Trailing
| Period | BUIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | -7.3% | 35.2% | 2.98% |
| 1 Yr | 29.1% | 22.5% | 66.4% | 35.93% |
| 3 Yr | 6.3%* | 4.1% | 26.9% | 93.63% |
| 5 Yr | 8.4%* | 5.5% | 21.6% | 93.42% |
| 10 Yr | 8.4%* | 8.4% | 22.4% | 99.19% |
* Annualized
Return Ranking - Calendar
| Period | BUIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -5.6% | -20.4% | 60.4% | 94.23% |
| 2019 | N/A | -13.8% | 32.8% | N/A |
| 2018 | N/A | -39.5% | -6.5% | N/A |
| 2017 | N/A | -4.9% | 26.4% | N/A |
| 2016 | N/A | -15.1% | 16.9% | N/A |
Total Return Ranking - Trailing
| Period | BUIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.3% | -7.3% | 35.2% | 2.98% |
| 1 Yr | 29.1% | 16.6% | 66.4% | 28.99% |
| 3 Yr | 6.3%* | 3.6% | 26.9% | 92.64% |
| 5 Yr | 8.4%* | 4.5% | 21.6% | 89.24% |
| 10 Yr | 8.4%* | 8.4% | 22.4% | 99.19% |
* Annualized
Total Return Ranking - Calendar
| Period | BUIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -5.6% | -20.4% | 60.4% | 94.23% |
| 2019 | N/A | -13.8% | 32.8% | N/A |
| 2018 | N/A | -38.4% | -6.4% | N/A |
| 2017 | N/A | -0.6% | 29.9% | N/A |
| 2016 | N/A | 0.1% | 19.4% | N/A |
NAV & Total Return History
BUIBX - Holdings
Concentration Analysis
| BUIBX | Category Low | Category High | BUIBX % Rank | |
|---|---|---|---|---|
| Net Assets | 429 M | 4.36 M | 134 B | 61.18% |
| Number of Holdings | 67 | 4 | 10031 | 21.14% |
| Net Assets in Top 10 | 164 M | 2.5 K | 22.4 B | 63.43% |
| Weighting of Top 10 | 37.01% | 15.7% | 100.0% | 86.23% |
Top 10 Holdings
- Microsoft Corp 8.23%
- Nuance Communications, Inc. 1.5% 4.59%
- Chevron Corp 3.42%
- Hess Corp 3.24%
- Verizon Communications Inc 3.12%
- Costco Wholesale Corp 3.12%
- ConocoPhillips 3.00%
- Intel Corp 3.00%
- Waste Management Inc 2.90%
- Johnson & Johnson 2.90%
Asset Allocation
| Weighting | Return Low | Return High | BUIBX % Rank | |
|---|---|---|---|---|
| Stocks | 94.61% | 41.36% | 99.58% | 38.86% |
| Convertible Bonds | 4.59% | 0.00% | 4.72% | 1.71% |
| Bonds | 0.45% | -0.95% | 147.27% | 64.00% |
| Cash | 0.35% | -150.70% | 24.30% | 87.43% |
| Preferred Stocks | 0.00% | 0.00% | 10.09% | 76.00% |
| Other | 0.00% | -4.88% | 10.90% | 81.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BUIBX % Rank | |
|---|---|---|---|---|
| Energy | 22.05% | 0.25% | 24.98% | 1.72% |
| Consumer Defense | 19.56% | 1.09% | 19.56% | 1.15% |
| Technology | 18.64% | 3.62% | 26.56% | 54.60% |
| Healthcare | 17.51% | 3.31% | 18.28% | 4.02% |
| Financial Services | 7.75% | 7.75% | 28.54% | 100.00% |
| Communication Services | 5.90% | 1.95% | 14.51% | 94.83% |
| Industrials | 3.57% | 0.00% | 16.50% | 95.98% |
| Real Estate | 3.05% | 0.00% | 26.49% | 60.34% |
| Basic Materials | 1.98% | 0.00% | 6.10% | 86.78% |
| Utilities | 0.00% | 0.00% | 11.15% | 95.98% |
| Consumer Cyclical | 0.00% | 0.00% | 22.12% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BUIBX % Rank | |
|---|---|---|---|---|
| US | 91.56% | 26.96% | 98.41% | 3.43% |
| Non US | 3.05% | 0.00% | 40.91% | 94.29% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BUIBX % Rank | |
|---|---|---|---|---|
| Corporate | 93.50% | 0.00% | 100.00% | 6.29% |
| Cash & Equivalents | 6.50% | 0.00% | 100.00% | 93.14% |
| Derivative | 0.00% | 0.00% | 45.95% | 72.00% |
| Securitized | 0.00% | 0.00% | 31.12% | 77.71% |
| Municipal | 0.00% | 0.00% | 1.91% | 68.00% |
| Government | 0.00% | 0.00% | 52.80% | 81.71% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BUIBX % Rank | |
|---|---|---|---|---|
| US | 0.45% | 0.00% | 123.23% | 67.43% |
| Non US | 0.00% | -23.73% | 24.04% | 76.57% |
BUIBX - Expenses
Operational Fees
| BUIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.86% | 0.10% | 3.85% | 76.70% |
| Management Fee | 0.85% | 0.00% | 1.00% | 92.94% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
| BUIBX 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% | 5.00% | N/A |
Trading Fees
| BUIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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 | 1.00% | 1.00% | 462.00% | 1.28% |
BUIBX - Distributions
Dividend Yield Analysis
| BUIBX | Category Low | Category High | BUIBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.68% | 0.00% | 0.38% | 43.18% |
Dividend Distribution Analysis
| BUIBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| BUIBX | Category Low | Category High | BUIBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.19% | -2.08% | 6.07% | 11.18% |
Capital Gain Distribution Analysis
| BUIBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
BUIBX - Fund Manager Analysis
Managers
John Kornitzer
Start Date
Tenure
Tenure Rank
Jan 01, 2003
18.76
18.8%
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
10.34
10.3%
Paul Dlugosch, CFA, Co-Portfolio Manager. 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 |
|---|---|---|---|
| 0.15 | 25.93 | 6.78 | 0.75 |