Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 03/15/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

CornerCap Balanced Fund

CBLFX | Fund

$15.27

$11.5 M

2.32%

$0.36

1.20%

Vitals

YTD Return

4.2%

1 yr return

18.1%

3 Yr Avg Return

6.2%

5 Yr Avg Return

9.0%

Net Assets

$11.5 M

Holdings in Top 10

19.7%

52 WEEK LOW AND HIGH

$15.3
$11.19
$15.40

Expenses

OPERATING FEES

Expense Ratio 1.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee 1.00%

Min Investment

Standard (Taxable)

$2,000

IRA

$2,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 03/15/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

CornerCap Balanced Fund

CBLFX | Fund

$15.27

$11.5 M

2.32%

$0.36

1.20%

CBLFX - Profile

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return 6.2%
  • 5 Yr Annualized Total Return 9.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.79%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    CornerCap Balanced Fund
  • Fund Family Name
    CornerCap
  • Inception Date
    May 27, 1997
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Quinn

Fund Description

CBLFX - Performance

Return Ranking - Trailing

Period CBLFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -9.9% 69.1% 18.80%
1 Yr 18.1% -14.1% 88.2% 63.80%
3 Yr 6.2%* -1.2% 21.5% 87.14%
5 Yr 9.0%* 0.6% 24.0% 77.59%
10 Yr 6.6%* 1.4% 15.6% 82.33%

* Annualized

Return Ranking - Calendar

Period CBLFX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% -39.0% 56.4% 81.20%
2022 12.4% -5.8% 25.7% 65.10%
2021 -13.7% -52.1% 0.0% 69.45%
2020 7.7% -6.5% 32.7% 60.17%
2019 9.7% -43.7% 17.8% 3.20%

Total Return Ranking - Trailing

Period CBLFX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -9.9% 69.1% 18.80%
1 Yr 18.1% -14.1% 88.2% 54.30%
3 Yr 6.2%* -1.2% 21.5% 82.75%
5 Yr 9.0%* 0.6% 24.0% 74.45%
10 Yr 6.6%* 1.4% 15.6% 80.64%

* Annualized

Total Return Ranking - Calendar

Period CBLFX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% -39.0% 56.4% 81.20%
2022 12.4% -5.8% 25.7% 65.10%
2021 -8.8% -47.9% 0.8% 54.18%
2020 13.5% -3.7% 56.2% 47.69%
2019 9.7% -43.7% 19.8% 9.96%

NAV & Total Return History

CBLFX - Holdings

Concentration Analysis

CBLFX Category Low Category High CBLFX % Rank
Net Assets 11.5 M 519 K 186 B 97.41%
Number of Holdings 163 2 14808 42.69%
Net Assets in Top 10 3.99 M 205 K 32.5 B 97.25%
Weighting of Top 10 19.71% 9.5% 100.0% 82.57%

Top 10 Holdings

  1. Vanguard High-Yield Corporate Adm 3.00%
  2. Express Scripts Holding Co 3.9% 2.59%
  3. United States Treasury Bonds 2% 2.31%
  4. United States Treasury Notes 0.12% 2.26%
  5. Ingredion Incorporated 3.2% 2.09%
  6. Whirlpool Corporation 4% 2.03%
  7. Feder-O-Tr Ob-Is 1.97%
  8. Feder-O-Tr Ob-Is 1.97%
  9. Feder-O-Tr Ob-Is 1.97%
  10. Feder-O-Tr Ob-Is 1.97%

Asset Allocation

Weighting Return Low Return High CBLFX % Rank
Stocks 		59.42% 0.00% 138.94% 67.58%
Bonds 		33.39% -0.75% 121.14% 43.27%
Cash 		7.11% -69.19% 81.15% 19.68%
Convertible Bonds 		0.08% 0.00% 26.23% 87.84%
Preferred Stocks 		0.01% 0.00% 24.46% 64.54%
Other 		0.00% -4.38% 62.34% 77.28%

Stock Sector Breakdown

Weighting Return Low Return High CBLFX % Rank
Financial Services 		18.79% 0.00% 100.00% 11.72%
Technology 		14.50% 0.00% 53.70% 84.95%
Healthcare 		13.74% 0.00% 33.78% 44.43%
Industrials 		12.30% 0.00% 31.04% 19.97%
Consumer Defense 		8.76% 0.00% 20.65% 21.85%
Consumer Cyclical 		7.24% 0.00% 23.57% 81.04%
Communication Services 		6.62% 0.00% 32.52% 85.67%
Real Estate 		5.69% 0.00% 99.68% 20.26%
Energy 		4.65% 0.00% 90.89% 8.39%
Utilities 		4.18% 0.00% 100.00% 19.54%
Basic Materials 		3.53% 0.00% 28.64% 61.07%

Stock Geographic Breakdown

Weighting Return Low Return High CBLFX % Rank
US 		59.01% 0.00% 137.67% 22.43%
Non US 		0.41% 0.00% 36.24% 92.91%

Bond Sector Breakdown

Weighting Return Low Return High CBLFX % Rank
Corporate 		72.88% 0.00% 98.03% 4.34%
Cash & Equivalents 		17.52% 0.14% 100.00% 28.65%
Government 		9.61% 0.00% 96.20% 88.71%
Derivative 		0.00% 0.00% 33.91% 71.64%
Securitized 		0.00% 0.00% 85.21% 95.08%
Municipal 		0.00% 0.00% 24.11% 85.67%

Bond Geographic Breakdown

Weighting Return Low Return High CBLFX % Rank
US 		32.90% -0.75% 60.50% 22.58%
Non US 		0.49% -6.54% 97.27% 89.87%

CBLFX - Expenses

Operational Fees

CBLFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.01% 14.81% 27.60%
Management Fee 0.90% 0.00% 1.75% 93.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% 96.92%

Sales Fees

CBLFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CBLFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 88.89%

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.

CBLFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 484.00% 61.35%

CBLFX - Distributions

Dividend Yield Analysis

CBLFX Category Low Category High CBLFX % Rank
Dividend Yield 2.32% 0.00% 8.90% 53.71%

Dividend Distribution Analysis

CBLFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

CBLFX Category Low Category High CBLFX % Rank
Net Income Ratio 1.79% -1.95% 11.02% 28.81%

Capital Gain Distribution Analysis

CBLFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Distributions History

View More +

CBLFX - Fund Manager Analysis

Managers

Thomas Quinn

Start Date

Tenure

Tenure Rank

May 27, 1997

23.78

23.8%

Tom is CEO of CornerCap Investment Counsel and is a member of the investment committee. He and Gene Hoots co-founded the firm, which was incorporated in 1989. Tom is also President and Treasurer of CornerCap Group of Funds. His previous positions included being Chief Investment Officer of RJR Investment Management, Inc., the investment advisory subsidiary of RJR Nabisco, and a consultant for Arthur Andersen & Co. He is a Chartered Financial Analyst (CFA) Charterholder and a member of the CFA Institute and the CFA Society of Atlanta. He is a certified public accountant and a member of the American Institute of Certified Public Accountants (AICPA). He has an MS in Industrial and Systems Engineering from Ohio University and a MBA from the University of North Carolina at Greensboro.

Jeffrey Moeller

Start Date

Tenure

Tenure Rank

Mar 31, 2005

15.93

15.9%

Jeff is CornerCap's Director of Research, overseeing the day-to-day execution of Fundametrics® and research of the firm's investment products. He is a member of the investment committee and Portfolio Manager. He comanages the three CornerCap mutual funds (Small Cap Value, Large/Mid Cap Value, and Balanced). Jeff joined CornerCap in 2000 and served as the firm’s trader for three years. He returned in 2004 as a research analyst. Jeff is a Chartered Financial Analyst (CFA) Charterholder and a member of the CFA Institute and the Atlanta Society of Finance and Investment Professionals. He has a BS in Finance from Oklahoma State University.

J. Cannon Carr

Start Date

Tenure

Tenure Rank

Jul 29, 2013

7.59

7.6%

Cannon became Chief Executive Officer in June 2020 after thirteen years as the firm’s Chief Investment Officer. Since joining the firm in 2007, he’s led the firm’s investment committee and oversaw the firm’s investment strategies and process, stock and asset class research, and portfolio management. He also co-manages the three CornerCap mutual funds (Small Cap Value, Large Cap Value, and Balanced). Prior to joining CornerCap, Cannon was a senior equity analyst at CIBC World Markets (formerly Oppenheimer), covering IT business services (2006-07), wireless services (2001-05), and emerging telecom (1998-05). Cannon has provided commentary on CNBC, CNN, Lou Dobbs MoneyLine, and Bloomberg News. He has also been quoted in the New York Times, Wall Street Journal, Financial Times, and Fortune, among other publications. He was rated a five-star analyst by Zachs Research in 2006. Cannon has an MBA from Columbia Business School and a BA from Princeton University in Political Economy. Public service is important to Cannon. He heads the investment committee for the Wesleyan College endowment, serves as Chair of the Advisory Board for the Center for Ethics at Emory University, and is President-Elect of the Atlanta Rotary Club. He is a past Board member of the Technical College System of Georgia Foundation and also currently serves as Chair of the Georgia Tennis Foundation, among other nonprofit endeavors.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.19 6.02 1.16

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.