CNJFX: Commonwealth Japan

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CNJFX Commonwealth Japan

  • Fund
  • CNJFX
  • Price as of: Oct 15, 2019
  • $4.01 + $0.08 + 2.04%

CNJFX - Profile

Vitals

  • YTD Return 13.0%
  • 3 Yr Annualized Return 6.8%
  • 5 Yr Annualized Return 6.5%
  • Net Assets $6.05 M
  • Holdings in Top 10 41.0%

52 WEEK LOW AND HIGH

$4.01
$3.37
$4.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.66%

SALES FEES

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

BROKERAGE FEES

  • Turnover 1.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$200

IRA

$200

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Japan Stock

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.40%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Commonwealth Japan Fund
  • Fund Family Name Commonwealth Intl Series Tr
  • Inception Date Jul 10, 1989
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Robert W. Scharar

Fund Description

Under normal market conditions, the Japan Fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, Japanese issuers that are tied economically to Japan. It may also enter into derivative transactions. The fund may use derivative transactions for any purpose consistent with its investment objective, such as for hedging, obtaining market exposure, and generating premium income.

CNJFX - Performance

Return Ranking - Trailing

Period CNJFX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -16.1% 18.5% 63.64%
1 Yr 5.2% -13.3% 5.2% 6.06%
3 Yr 6.8%* -2.7% 10.8% 48.15%
5 Yr 6.5%* -1.7% 12.6% 61.90%
10 Yr 3.8%* -2.4% 12.2% 94.12%

* Annualized


Return Ranking - Calendar

Period CNJFX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.8% -32.8% -6.5% 10.71%
2017 20.6% 19.7% 46.8% 80.00%
2016 -1.5% -2.5% 11.7% 92.00%
2015 11.3% 3.3% 20.9% 42.11%
2014 -2.6% -13.4% 7.2% 27.78%

Total Return Ranking - Trailing

Period CNJFX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -16.1% 18.5% 63.64%
1 Yr 5.2% -15.1% 5.2% 6.06%
3 Yr 6.8%* -2.7% 12.8% 44.44%
5 Yr 6.5%* -1.7% 12.7% 66.67%
10 Yr 3.8%* -2.4% 12.2% 94.12%

* Annualized


Total Return Ranking - Calendar

Period CNJFX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.8% -32.8% -6.5% 10.71%
2017 20.6% 19.7% 50.3% 88.00%
2016 -1.5% -1.5% 11.7% 100.00%
2015 11.3% 3.3% 20.9% 47.37%
2014 -2.6% -13.4% 8.7% 38.89%

NAV & Total Return History

CNJFX - Holdings

Concentration Analysis

CNJFX Category Low Category High CNJFX % Rank
Net Assets 6.05 M 1.56 M 2.41 B 72.73%
Number of Holdings 51 28 1801 75.76%
Net Assets in Top 10 2.39 M 592 K 847 M 72.73%
Weighting of Top 10 41.00% 3.2% 54.0% 18.18%

Top 10 Holdings

  1. Asahi Intecc Co Ltd 8.81%

  2. Terumo Corp 4.98%

  3. Hoya Corp 4.19%

  4. Sosei Group Corp 3.98%

  5. Sony Corp ADR 3.90%

  6. Keio Corp 3.86%

  7. Unicharm Corp 3.16%

  8. Hankyu Hanshin Holdings Inc 2.86%

  9. Kajima Corp 2.68%

  10. Sumitomo Realty & Development Co Ltd 2.58%


Asset Allocation

Weighting Return Low Return High CNJFX % Rank
Stocks
96.62% 94.87% 100.00% 75.76%
Cash
3.38% 0.00% 5.13% 27.27%
Preferred Stocks
0.00% 0.00% 0.00% 60.61%
Other
0.00% 0.00% 0.00% 60.61%
Convertible Bonds
0.00% 0.00% 0.00% 60.61%
Bonds
0.00% 0.00% 0.00% 60.61%

CNJFX - Expenses

Operational Fees

CNJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.66% 0.63% 15.26% 30.30%
Management Fee 0.75% 0.60% 1.15% 57.58%
12b-1 Fee 0.25% 0.00% 1.00% 43.75%
Administrative Fee N/A 0.01% 0.25% N/A

Sales Fees

CNJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

CNJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.50% 2.00% 25.00%

Turnover 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.

CNJFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 1.00% 135.00% 9.09%

CNJFX - Distributions

Dividend Yield Analysis

CNJFX Category Low Category High CNJFX % Rank
Dividend Yield 0.00% 0.00% 1.17% 81.82%

Dividend Distribution Analysis

CNJFX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

CNJFX Category Low Category High CNJFX % Rank
Net Income Ratio -0.40% -0.77% 1.56% 87.88%

Capital Gain Distribution Analysis

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

CNJFX - Managers

Robert W. Scharar

Manager

Start Date

Tenure

Tenure Rank

Dec 31, 1997

21.76

21.8%

Scharar is a president and director of FCA Corporation, the firm he established in 1983. He co-founded its predecessor, First Commonwealth Associates in 1975. Previously, Scharar was an accounting professor at Bentley and Nichols Colleges, an officer of the United States Trust Company, and a tax specialist at Coopers & Lybrand. He is a member of the Florida and Massachusetts Bars. Scharar holds the Certified Public Accountant designation. Mr. Scharar is a director and past president of the American Association of Attorney-CPAs. He is a director, manager, and/or officer of the following entities: Blantyre Hotels, Ltd. (Malawi), Africap, LLC, NICO Holdings, Ltd. (Malawi), First Commonwealth Holdings Corporation, First Commonwealth Mortgage Trust, Holly Mortgage Trust, Ivy Realty Trust, Nashville Properties, Inc., subsidiary companies at some of the above, and other closely held FCA advised entities and non-FCA related entities. He received his AA degree from Polk Community College in 1968 and his BS in Accounting from the University of Florida in 1970. He received his MBA and JD from Northeastern University in 1971 and 1974, respectively; and an LLM in Taxation from Boston University Law School in 1979.


Wesley Yuhnke

Manager

Start Date

Tenure

Tenure Rank

Aug 31, 2002

17.09

17.1%

Yuhnke currently is an assistant portfolio manager and investment operations manager with FCA Corp, which he joined in May 2002. He was appointed assistant portfolio manager in August 2002. Prior to joining FCA Corp, he attended Stephen F. Austin State University where he received his BBA in Finance. While there he was the recipient of the A.G. Edwards Portfolio Management Award. Mr. Yuhnke earned his MBA with emphasis in Finance from Texas Tech University. He currently serves in a dual role as an Assistant Portfolio Manager to the Funds and Chief Investment Officer of FCA Corp.


Tenure Analysis

Category Low

0.57

Category High

21.76

Category Average

4.6

Category Mode

1.05