CFSMX: Clarkston Partners Founders

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CFSMX Clarkston Partners Founders


Profile

CFSMX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 4.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.02 B
  • Holdings in Top 10 51.9%

52 WEEK LOW AND HIGH

$13.53
$11.99
$13.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

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

BROKERAGE FEES

  • Turnover 10.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Clarkston Partners Fund
  • Fund Family Name
    Clarkston Funds
  • Inception Date
    Sep 15, 2015
  • Shares Outstanding
    36591130
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gerald Hakala

Fund Description

Under normal circumstances, the fund invests primarily in equity securities of U.S. small and medium market capitalization companies. Its investments in equity securities may include common stock, preferred stock and convertible securities. The fund may also invest in foreign equity securities through American Depositary Receipts ("ADRs"). It invests in companies the Adviser believes to be of high quality and believes to be undervalued relative to their expected long-term free cash flows. The fund is non-diversified.


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Categories

Performance

CFSMX - Performance

Return Ranking - Trailing

Period CFSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -40.8% 20.9% 35.40%
1 Yr 10.6% -61.1% 78.2% 23.34%
3 Yr 4.7%* -63.2% 41.7% 20.62%
5 Yr N/A* -45.6% 32.8% N/A
10 Yr N/A* -14.2% 33.0% N/A

* Annualized

Return Ranking - Calendar

Period CFSMX Return Category Return Low Category Return High Rank in Category (%)
2019 19.6% -58.1% 80.6% 21.52%
2018 -13.5% -100.0% 23.6% 56.84%
2017 11.5% -55.3% 69.8% 25.35%
2016 14.3% -56.6% 68.2% 17.21%
2015 N/A -50.8% 127.1% N/A

Total Return Ranking - Trailing

Period CFSMX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -40.8% 20.9% 35.40%
1 Yr 10.6% -61.1% 78.2% 23.34%
3 Yr 5.2%* -36.4% 41.7% 32.13%
5 Yr N/A* -35.0% 32.8% N/A
10 Yr N/A* -14.2% 33.0% N/A

* Annualized

Total Return Ranking - Calendar

Period CFSMX Return Category Return Low Category Return High Rank in Category (%)
2019 19.6% -58.1% 80.6% 21.52%
2018 -13.5% -100.0% 23.6% 71.17%
2017 13.0% -55.3% 69.8% 39.51%
2016 15.7% -56.6% 70.7% 19.89%
2015 N/A -50.8% 127.1% N/A

NAV & Total Return History


Holdings

CFSMX - Holdings

Concentration Analysis

CFSMX Category Low Category High CFSMX % Rank
Net Assets 1.02 B 440 K 107 B 26.84%
Number of Holdings 26 1 5851 86.38%
Net Assets in Top 10 523 M -635 M 29.5 B 23.05%
Weighting of Top 10 51.88% 0.0% 100.0% 24.30%

Top 10 Holdings

  1. Stericycle Inc 8.04%
  2. Nielsen Holdings PLC 6.68%
  3. Willis Towers Watson PLC 6.01%
  4. The Western Union Co 5.74%
  5. Legg Mason Inc-LeggMason RETAIL 5.11%
  6. Brown & Brown Inc 5.09%
  7. LPL Financial Holdings Inc 4.58%
  8. CDK Global Inc 4.50%
  9. Molson Coors Beverage Co B 3.15%
  10. Affiliated Managers Group Inc 2.98%

Asset Allocation

Weighting Return Low Return High CFSMX % Rank
Stocks
79.92% -174.78% 100.76% 41.47%
Cash
20.08% -1.04% 1041.68% 51.80%
Preferred Stocks
0.00% -0.68% 24.42% 94.16%
Other
0.00% -895.56% 31.15% 89.22%
Convertible Bonds
0.00% -0.02% 17.79% 94.31%
Bonds
0.00% -0.68% 45.27% 94.91%

Stock Sector Breakdown

Weighting Return Low Return High CFSMX % Rank
Financial Services
39.83% 0.00% 100.00% 3.55%
Industrials
35.89% 0.00% 73.35% 2.01%
Technology
8.79% 0.00% 99.85% 73.72%
Consumer Defense
6.52% 0.00% 69.28% 49.15%
Healthcare
5.39% 0.00% 100.00% 80.53%
Communication Services
3.58% 0.00% 99.45% 70.79%
Utilities
0.00% 0.00% 99.02% 97.99%
Real Estate
0.00% 0.00% 97.67% 97.99%
Energy
0.00% 0.00% 100.00% 99.38%
Consumer Cyclical
0.00% 0.00% 57.06% 99.38%
Basic Materials
0.00% 0.00% 51.00% 99.54%

Stock Geographic Breakdown

Weighting Return Low Return High CFSMX % Rank
US
79.92% -173.66% 84.31% 2.99%
Non US
0.00% -48.75% 62.12% 95.36%

Expenses

CFSMX - Expenses

Operational Fees

CFSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.04% 13.20% 81.53%
Management Fee 0.80% 0.00% 2.94% 50.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

CFSMX 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

CFSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

CFSMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 0.00% 531.00% 15.16%

Distributions

CFSMX - Distributions

Dividend Yield Analysis

CFSMX Category Low Category High CFSMX % Rank
Dividend Yield 0.00% 0.00% 11.46% 94.62%

Dividend Distribution Analysis

CFSMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

CFSMX Category Low Category High CFSMX % Rank
Net Income Ratio 1.16% -8.87% 8.14% 27.48%

Capital Gain Distribution Analysis

CFSMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

CFSMX - Fund Manager Analysis

Managers

Gerald Hakala


Start Date

Tenure

Tenure Rank

Sep 15, 2015

4.38

4.4%

Gerald Hakala is a Co-Founder and Director of Research of Clarkston Capital Partners, LLC. He has co-managed the firm’s investment disciplines since the firm’s inception in 2007. Mr. Hakala has a Bachelor of Business Administration from the University of Michigan and a Master of Business Administration from Michigan State University.

Jeffrey Hakala


Start Date

Tenure

Tenure Rank

Sep 15, 2015

4.38

4.4%

Jeffrey is a founding member of Clarkston Capital Partners and leads the firm’s Investment Committee. With over fifteen years of experience in portfolio management, investment research, financial reporting and accounting, he brings a wide range of expertise to CCP’s security analysis and selection activities. Prior to forming the firm, he served as a portfolio manager at Seger-Elvekrog, as a member of the Audit and Advisory Services Group at Arthur Andersen, LLP, and as a portfolio manager with Investment Counsel, Inc. Mr. Hakala is a licensed Certified Public Accountant, holds the Chartered Financial Analyst (CFA) designation, and is an acting member of the CFA Institute and the AICPA. Mr. Hakala serves as a Director of Wright & Filippis. Jeffrey earned a Bachelor’s degree in Accounting and a Master’s degree in Business Administration with a focus on Finance and Accounting, both from Michigan State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 41.11 8.06 6.34