CZOVX: Zacks All-Cap Core Institutional

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

CZOVX Zacks All-Cap Core Institutional


Profile

CZOVX - Profile

Vitals

  • YTD Return -13.0%
  • 3 Yr Annualized Return -1.9%
  • 5 Yr Annualized Return -2.0%
  • Net Assets $36.1 M
  • Holdings in Top 10 21.4%

52 WEEK LOW AND HIGH

$21.99
$17.93
$27.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

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

BROKERAGE FEES

  • Turnover 38.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $5,000
  • IRA $2,000

Fund Classification


Distributions

  • YTD Total Return -13.0%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.88%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Zacks All-Cap Core Fund
  • Fund Family Name
    Zacks Funds
  • Inception Date
    Dec 05, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mitch Zacks

Fund Description

The fund pursues its investment objectives by applying a hybrid research process, which uses both quantitative and qualitative criteria. The Advisor uses the Zacks Rank, a proprietary model, to quantitatively assess the attractiveness of a large universe of stocks based primarily on an analysis of changing patterns of earnings estimates for a company. It invests primarily in equity securities of U.S. issuers. The fund also may invest in equity securities of Canadian issuers and American Depository Receipts ("ADRs").


Sign up for Advisor Access

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


Categories

Performance

CZOVX - Performance

Return Ranking - Trailing

Period CZOVX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.0% -36.9% 281.7% 10.57%
1 Yr -10.1% -73.2% 285.4% 34.15%
3 Yr -1.9%* -33.7% 55.6% 41.87%
5 Yr -2.0%* -29.0% 29.3% 58.79%
10 Yr 4.5%* -11.2% 16.0% 43.64%

* Annualized

Return Ranking - Calendar

Period CZOVX Return Category Return Low Category Return High Rank in Category (%)
2019 18.2% -72.6% 39.5% 72.39%
2018 -14.3% -67.0% 10.0% 51.32%
2017 12.8% -32.8% 302.5% 57.01%
2016 -0.4% -18.6% 19.7% 90.87%
2015 -6.1% -82.5% 7.8% 53.25%

Total Return Ranking - Trailing

Period CZOVX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.0% -36.9% 281.7% 10.57%
1 Yr -10.1% -73.2% 285.4% 34.15%
3 Yr 4.1%* -33.7% 55.6% 21.63%
5 Yr 4.2%* -19.1% 29.3% 30.46%
10 Yr 8.4%* -7.2% 16.0% 31.24%

* Annualized

Total Return Ranking - Calendar

Period CZOVX Return Category Return Low Category Return High Rank in Category (%)
2019 18.2% -72.6% 39.5% 72.39%
2018 -5.3% -67.0% 10.0% 21.53%
2017 22.0% -22.1% 302.5% 18.66%
2016 7.4% -16.4% 26.8% 73.43%
2015 -0.6% -26.4% 106.5% 37.55%

NAV & Total Return History


Holdings

CZOVX - Holdings

Concentration Analysis

CZOVX Category Low Category High CZOVX % Rank
Net Assets 36.1 M 139 K 737 B 90.05%
Number of Holdings 106 1 3555 50.00%
Net Assets in Top 10 8.83 M 48.8 K 166 B 92.66%
Weighting of Top 10 21.35% 2.2% 100.0% 85.81%

Top 10 Holdings

  1. Microsoft Corp 2.75%
  2. Fortinet Inc 2.31%
  3. Apple Inc 2.26%
  4. Amazon.com Inc 2.18%
  5. Merck & Co Inc 2.15%
  6. American Express Co 2.11%
  7. Bank of America Corp 2.01%
  8. PepsiCo Inc 1.94%
  9. Procter & Gamble Co 1.86%
  10. Intel Corp 1.78%

Asset Allocation

Weighting Return Low Return High CZOVX % Rank
Stocks
99.70% 80.67% 167.47% 22.59%
Cash
0.22% -86.70% 18.80% 77.90%
Other
0.07% -10.10% 24.57% 7.34%
Preferred Stocks
0.00% -17.98% 18.97% 37.85%
Convertible Bonds
0.00% 0.00% 10.65% 34.58%
Bonds
0.00% 0.00% 59.24% 39.80%

Stock Sector Breakdown

Weighting Return Low Return High CZOVX % Rank
Technology
24.86% 0.00% 42.83% 7.25%
Financial Services
14.54% 0.00% 49.17% 71.25%
Healthcare
13.71% 0.00% 28.95% 68.29%
Industrials
11.46% 0.00% 29.82% 29.65%
Consumer Cyclical
10.82% 0.00% 34.98% 34.76%
Consumer Defense
6.40% 0.00% 27.39% 74.46%
Communication Services
5.89% 0.00% 25.09% 81.71%
Utilities
4.53% 0.00% 19.36% 12.03%
Energy
3.41% -1.47% 15.92% 57.17%
Real Estate
3.24% 0.00% 62.52% 35.17%
Basic Materials
1.14% -0.14% 18.34% 83.11%

Stock Geographic Breakdown

Weighting Return Low Return High CZOVX % Rank
US
96.95% 80.11% 157.79% 41.60%
Non US
2.75% 0.00% 20.17% 42.50%

Expenses

CZOVX - Expenses

Operational Fees

CZOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.01% 49.73% 30.59%
Management Fee 0.80% 0.00% 2.00% 87.80%
12b-1 Fee N/A 0.00% 1.00% 37.72%
Administrative Fee N/A 0.00% 0.85% 47.30%

Sales Fees

CZOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% 16.85%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

CZOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 9.68%

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.

CZOVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 0.00% 412.00% 53.96%

Distributions

CZOVX - Distributions

Dividend Yield Analysis

CZOVX Category Low Category High CZOVX % Rank
Dividend Yield 0.00% 0.00% 19.74% 38.58%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

CZOVX Category Low Category High CZOVX % Rank
Net Income Ratio 0.88% -3.93% 3.34% 66.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

CZOVX - Fund Manager Analysis

Managers

Mitch Zacks


Start Date

Tenure

Tenure Rank

Dec 05, 2005

14.33

14.3%

Mitch is the senior portfolio manager at Zacks Investment Management and oversees all investment research activities at the firm. Mitch is an expert on quantitative investment strategies and developed many of the proprietary models used by the firm. Mitch wrote a weekly finance column for the Chicago Sun- Times and has written two books on quantitative investment strategies: Ahead of the Market, Harper Collins 2003, which focuses on the earnings estimate revision investment anomaly and The Little Book of Stock Market Profits, which was published in 2011 and provides an overview of several other significant equity investment anomalies. Prior to joining Zacks Investment Management in 1997, Mitch was an investment banking analyst at Lazard Freres in New York. Mitch graduated cum laude from Yale University with distinction in his major of Economics. He received his M.B.A with high honors in his concentration of Analytic Finance and Statistics from the University of Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 41.27 6.14 0.25