CGMFX: CGM Focus

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CGMFX CGM Focus

  • Fund
  • CGMFX
  • Price as of: Dec 06, 2019
  • $33.54
    + $0.04 + 0.12%
  • Fund Company
  • CGM

Profile

CGMFX - Profile

Vitals

  • YTD Return -16.2%
  • 3 Yr Annualized Return -8.2%
  • 5 Yr Annualized Return -4.1%
  • Net Assets $410 M
  • Holdings in Top 10 200.3%

52 WEEK LOW AND HIGH

$33.54
$31.57
$43.63

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 403.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -16.2%
  • 3 Yr Annualized Total Return -8.2%
  • 5 Yr Annualized Total Return -4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.24%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    CGM Focus Fund
  • Fund Family Name
    CGM
  • Inception Date
    Sep 03, 1997
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    G. Kenneth Heebner

Fund Description

The CGM Focus Fund (CGMFX) is an actively managed high-conviction fund. It’s primary objective is the aggressive growth of investor capital. CGMFX bets and trades large- and mid-cap stocks that management believes to have the correct set of attributes. The portfolio does quickly churn through its position holdings and has a very high turnover rate.

Given the fact that CGMFX is expensive versus its peers, this is a position best suited as a tactical play.


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Categories

Performance

CGMFX - Performance

Return Ranking - Trailing

Period CGMFX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.2% -23.7% 37.5% 97.06%
1 Yr -20.8% -28.1% 17.0% 97.06%
3 Yr -8.2%* -23.3% 16.2% 89.66%
5 Yr -4.1%* -18.2% 12.2% 82.14%
10 Yr 1.5%* -5.3% 16.4% 85.71%

* Annualized

Return Ranking - Calendar

Period CGMFX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.0% -48.9% 1.4% 67.74%
2017 24.8% -6.7% 24.8% 3.57%
2016 9.0% -9.5% 17.8% 28.57%
2015 -4.1% -18.8% 1.4% 25.93%
2014 1.4% -4.9% 12.6% 45.00%

Total Return Ranking - Trailing

Period CGMFX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.2% -22.6% 37.5% 97.06%
1 Yr -20.8% -26.4% 30.0% 97.06%
3 Yr -8.2%* -15.3% 16.2% 89.66%
5 Yr -4.1%* -8.7% 12.2% 89.29%
10 Yr 1.5%* 1.5% 16.4% 100.00%

* Annualized

Total Return Ranking - Calendar

Period CGMFX Return Category Return Low Category Return High Rank in Category (%)
2018 -25.0% -48.9% 1.4% 77.42%
2017 24.8% -3.9% 24.8% 3.57%
2016 9.0% -9.5% 26.8% 46.43%
2015 -4.1% -15.9% 1.4% 33.33%
2014 1.4% -4.9% 13.9% 65.00%

NAV & Total Return History


Holdings

CGMFX - Holdings

Concentration Analysis

CGMFX Category Low Category High CGMFX % Rank
Net Assets 410 M 5.26 M 11 B 41.67%
Number of Holdings 38 17 346 71.88%
Net Assets in Top 10 89.7 M 1.2 M 356 M 53.13%
Weighting of Top 10 200.26% 15.3% 200.3% 3.13%

Top 10 Holdings

  1. Petroleo Brasileiro SA Petrobras ADR 26.26%
  2. Bank Bradesco SA ADR 24.38%
  3. Itau Unibanco Holding SA ADR 23.17%
  4. Banco Santander (Brasil) SA ADR 22.58%
  5. Tesla Inc 17.81%
  6. Slack Technologies Inc Class A 17.62%
  7. Amazon.com Inc 17.50%
  8. CrowdStrike Holdings Inc Class A 17.05%
  9. Philip Morris International Inc 16.99%
  10. Lithia Motors Inc Class A 16.90%

Asset Allocation

Weighting Return Low Return High CGMFX % Rank
Stocks
93.13% 7.38% 99.91% 56.25%
Cash
6.88% 0.00% 22.11% 18.75%
Preferred Stocks
0.00% 0.00% 22.85% 75.00%
Other
0.00% 0.00% 30.25% 43.75%
Convertible Bonds
0.00% 0.00% 20.61% 71.88%
Bonds
0.00% 0.00% 70.15% 65.63%

Expenses

CGMFX - Expenses

Operational Fees

CGMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.45% 0.35% 5.40% 8.82%
Management Fee 0.98% 0.25% 1.00% 75.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.95% N/A

Sales Fees

CGMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CGMFX 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.

CGMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 403.00% 0.00% 3207.00% 96.97%

Distributions

CGMFX - Distributions

Dividend Yield Analysis

CGMFX Category Low Category High CGMFX % Rank
Dividend Yield 0.43% 0.00% 6.26% 61.11%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CGMFX Category Low Category High CGMFX % Rank
Net Income Ratio -0.24% -0.46% 3.08% 97.06%

Capital Gain Distribution Analysis

CGMFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

CGMFX - Fund Manager Analysis

Managers

G. Kenneth Heebner


Start Date

Tenure

Tenure Rank

Sep 03, 1997

22.25

22.3%

Mr. Heebner founded CGM with his partner Mr. Robert L. Kemp. Prior to establishing CGM, Mr. Heebner managed mutual fund portfolios at Loomis, Sayles & Company, Incorporated. In addition to the Funds, he currently manages other funds for which CGM serves as adviser. CGM relies to a considerable extent on the expertise of Mr. Heebner, who may be difficult to replace in the event he ceases to work for CGM. The SAI provides additional information about Mr. Heebner’s compensation, the other funds he manages and his ownership of Fund securities.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 27.93 5.73 3.18