CALEX: Cutler Equity Fund - MutualFunds.com

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Cutler Equity

CALEX - Snapshot

Vitals

  • YTD Return -4.8%
  • 3 Yr Annualized Return 8.2%
  • 5 Yr Annualized Return 10.8%
  • Net Assets $157 M
  • Holdings in Top 10 44.1%

52 WEEK LOW AND HIGH

$21.44
$15.27
$22.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.16%

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) $2,500
  • IRA $2,000

Fund Classification


Compare CALEX to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$102.38

+0.62%

$82.66 B

2.86%

$3.00

-14.38%

0.04%

$39.96

+0.71%

$82.66 B

1.90%

$0.78

-14.58%

0.17%

$40.35

+0.60%

$62.81 B

2.02%

$0.81

-7.28%

0.59%

$162.63

+1.22%

$60.60 B

2.19%

$3.65

-16.07%

0.52%

$39.70

+0.41%

$48.22 B

1.89%

$0.77

-10.65%

0.83%

CALEX - Profile

Distributions

  • YTD Total Return -4.8%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 10.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Cutler Equity Fund
  • Fund Family Name
    Cutler
  • Inception Date
    Dec 31, 1992
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew Patten

Fund Description

In seeking to meet its investment objective, under normal conditions, at least 80% of its assets will be invested in a diversified portfolio of common stocks according to the investment style of the fund's investment adviser. The fund typically invests in stocks of companies that have a total market capitalization of at least $10 billion and, in the Adviser's opinion, have institutional ownership that is sufficiently broad to provide adequate liquidity suitable to the fund's holdings.


CALEX - Performance

Return Ranking - Trailing

Period CALEX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -37.4% 238.0% 4.47%
1 Yr 5.1% -28.2% 22.1% 4.13%
3 Yr 8.2%* -10.2% 12.3% 3.61%
5 Yr 10.8%* -2.8% 16.0% 3.73%
10 Yr 10.8%* 3.7% 12.9% 11.08%

* Annualized

Return Ranking - Calendar

Period CALEX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -32.1% 76.3% 44.40%
2018 -11.5% -62.4% 16.7% 20.67%
2017 14.7% -72.0% 37.9% 14.69%
2016 12.0% -61.4% 31.0% 34.07%
2015 -8.9% -47.3% 4.6% 51.17%

Total Return Ranking - Trailing

Period CALEX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -37.4% 238.0% 4.56%
1 Yr 5.1% -28.2% 22.1% 3.97%
3 Yr 8.2%* -11.0% 12.3% 3.35%
5 Yr 10.8%* -3.1% 16.0% 3.37%
10 Yr 10.8%* 3.7% 12.9% 10.34%

* Annualized

Total Return Ranking - Calendar

Period CALEX Return Category Return Low Category Return High Rank in Category (%)
2019 19.7% -32.1% 76.3% 44.57%
2018 -10.6% -37.1% 17.4% 46.58%
2017 17.8% -9.5% 37.9% 23.57%
2016 14.9% -27.9% 32.2% 32.56%
2015 -2.8% -28.9% 4.6% 26.36%

NAV & Total Return History


CALEX - Holdings

Concentration Analysis

CALEX Category Low Category High CALEX % Rank
Net Assets 157 M 390 K 82.7 B 77.34%
Number of Holdings 35 1 1643 92.72%
Net Assets in Top 10 70.2 M 68.9 K 20.4 B 68.77%
Weighting of Top 10 44.10% 5.4% 100.0% 7.36%

Top 10 Holdings

  1. Microsoft Corp 5.73%
  2. The Home Depot Inc 5.47%
  3. Deere & Co 4.84%
  4. McDonald's Corp 4.46%
  5. BlackRock Inc 4.40%
  6. Texas Instruments Inc 4.27%
  7. Walmart Inc 4.11%
  8. Becton, Dickinson and Co 3.81%
  9. Caterpillar Inc 3.60%
  10. Bristol-Myers Squibb Company 3.41%

Asset Allocation

Weighting Return Low Return High CALEX % Rank
Stocks
99.72% 10.12% 147.71% 21.67%
Cash
0.28% -129.21% 89.88% 74.65%
Preferred Stocks
0.00% 0.00% 18.70% 51.43%
Other
0.00% -3.00% 90.90% 49.71%
Convertible Bonds
0.00% 0.00% 9.42% 48.57%
Bonds
0.00% 0.00% 41.02% 50.12%

Stock Sector Breakdown

Weighting Return Low Return High CALEX % Rank
Financial Services
19.15% 0.00% 61.01% 41.74%
Industrials
17.04% 0.00% 47.37% 9.20%
Healthcare
16.55% 0.00% 31.61% 33.69%
Technology
13.22% 0.00% 54.02% 33.44%
Consumer Defense
12.98% 0.00% 31.06% 20.30%
Consumer Cyclical
9.96% 0.00% 30.80% 19.88%
Energy
3.99% 0.00% 24.13% 55.71%
Communication Services
2.60% 0.00% 23.33% 95.07%
Utilities
2.43% 0.00% 45.51% 78.55%
Basic Materials
2.08% 0.00% 23.60% 74.86%
Real Estate
0.00% 0.00% 88.59% 90.80%

Stock Geographic Breakdown

Weighting Return Low Return High CALEX % Rank
US
99.72% 10.12% 146.42% 3.76%
Non US
0.00% -0.14% 37.07% 95.18%

CALEX - Expenses

Operational Fees

CALEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.16% 0.01% 19.26% 36.73%
Management Fee 0.75% 0.00% 1.50% 84.40%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 65.95%

Sales Fees

CALEX 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 1.00% 5.50% N/A

Trading Fees

CALEX 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.

CALEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 481.00% 2.41%

CALEX - Distributions

Dividend Yield Analysis

CALEX Category Low Category High CALEX % Rank
Dividend Yield 0.00% 0.00% 32.35% 52.24%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CALEX Category Low Category High CALEX % Rank
Net Income Ratio 1.58% -1.51% 5.26% 65.84%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

CALEX - Fund Manager Analysis

Managers

Matthew Patten


Start Date

Tenure

Tenure Rank

Mar 17, 2003

17.55

17.6%

Mr. Matthew C. Patten, received his B.S. degree from Boston College in Economics and Environmental Geo-Science. He was awarded his MBA from the University of Chicago. Mr. Patten has been Chairman of the Board of The Cutler Trust since September, 2006. He has been a member, Investment Committee Member and Portfolio Manager of Cutler Investment Counsel and its affiliates since 2003 and President of Cutler Investment Counsel since 2004.

Erich Patten


Start Date

Tenure

Tenure Rank

Jun 30, 2003

17.27

17.3%

Mr. Erich M. Patten received his B.S. in Economics from The Wharton School, University of Pennsylvania. He received his Masters degree in Public Policy from The Harris School, University of Chicago. Mr. Patten has been President of The Cutler Trust since March, 2004. He has been a Member and Portfolio Manager of Cutler and its affiliates since 2003 and President and Chief Investment Officer of the firm since 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 84.93 7.12 5.05