DFMAX: Davidson Multi-Cap Equity Fund - MutualFunds.com

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Davidson Multi-Cap Equity A

DFMAX - Snapshot

Vitals

  • YTD Return 14.2%
  • 3 Yr Annualized Return 9.3%
  • 5 Yr Annualized Return 9.2%
  • Net Assets $106 M
  • Holdings in Top 10 31.4%

52 WEEK LOW AND HIGH

$29.39
$18.02
$29.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.30%

SALES FEES

  • Front Load 5.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.69%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

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

Fund Classification


Compare DFMAX to Popular U.S. Large-Cap Blend Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$89.14

-0.54%

$921.44 B

-

$0.00

11.90%

0.14%

$183.23

-0.53%

$921.44 B

1.19%

$2.20

11.99%

0.03%

$326.49

-0.67%

$557.01 B

1.63%

$5.35

10.38%

0.03%

$329.01

-0.68%

$557.01 B

-

$0.00

10.35%

0.14%

$355.33

-0.69%

$277.59 B

1.59%

$5.68

10.40%

0.10%

DFMAX - Profile

Distributions

  • YTD Total Return 14.2%
  • 3 Yr Annualized Total Return 7.4%
  • 5 Yr Annualized Total Return 8.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Davidson Multi-Cap Equity Fund
  • Fund Family Name
    Davidson Mutual Funds
  • Inception Date
    Aug 11, 2008
  • Shares Outstanding
    2395945
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Clancy

Fund Description

The fund invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities across a wide range of market capitalizations and investment styles with attractive fundamental characteristics. It will invest its assets in both value and growth stocks, as well as dividend-paying and non-dividend-paying stocks. The fund may invest up to 25% of its net assets in foreign securities. It may invest up to 20% of its net assets in put and call options and up to 20% of its net assets in other investment companies.


DFMAX - Performance

Return Ranking - Trailing

Period DFMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -70.4% 2137.4% 11.69%
1 Yr 10.9% -21.4% 36.7% 17.01%
3 Yr 9.3%* -18.8% 14.0% 40.78%
5 Yr 9.2%* -6.8% 15.3% 64.94%
10 Yr 11.3%* -1.0% 16.4% 58.99%

* Annualized

Return Ranking - Calendar

Period DFMAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.1% -22.7% 41.1% 74.68%
2018 -14.1% -100.0% 1.4% 52.13%
2017 10.0% -100.0% 33.2% 74.59%
2016 8.4% -44.8% 25.0% 35.87%
2015 -5.8% -51.1% 20.5% 54.84%

Total Return Ranking - Trailing

Period DFMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.2% -70.4% 2137.4% 11.69%
1 Yr 5.4% -21.4% 36.7% 58.07%
3 Yr 7.4%* -18.8% 14.0% 58.91%
5 Yr 8.1%* -6.8% 15.3% 77.74%
10 Yr 10.7%* -1.0% 16.4% 70.11%

* Annualized

Total Return Ranking - Calendar

Period DFMAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.1% -21.6% 41.1% 74.68%
2018 -14.1% -100.0% 1.4% 72.27%
2017 13.2% -100.0% 33.2% 85.97%
2016 12.6% -16.4% 26.8% 15.13%
2015 -2.0% -26.4% 106.5% 52.49%

NAV & Total Return History


DFMAX - Holdings

Concentration Analysis

DFMAX Category Low Category High DFMAX % Rank
Net Assets 106 M 153 K 921 B 77.99%
Number of Holdings 48 1 3591 81.19%
Net Assets in Top 10 33.5 M -95.2 M 210 B 79.37%
Weighting of Top 10 31.40% 2.3% 100.0% 51.74%

Top 10 Holdings

  1. Microsoft Corp 4.28%
  2. Apple Inc 4.20%
  3. Alphabet Inc Class C 4.01%
  4. Amazon.com Inc 3.08%
  5. Cisco Systems Inc 2.93%
  6. FedEx Corp 2.87%
  7. Fortinet Inc 2.81%
  8. T-Mobile US Inc 2.78%
  9. Salesforce.com Inc 2.73%
  10. eBay Inc 2.62%

Asset Allocation

Weighting Return Low Return High DFMAX % Rank
Stocks
98.44% 0.00% 148.88% 64.26%
Cash
1.55% -110.24% 100.00% 32.50%
Preferred Stocks
0.00% 0.00% 14.67% 55.23%
Other
0.00% -7.86% 100.00% 54.21%
Convertible Bonds
0.00% 0.00% 27.81% 52.19%
Bonds
0.00% 0.00% 85.20% 54.82%

Stock Sector Breakdown

Weighting Return Low Return High DFMAX % Rank
Technology
24.24% 0.00% 52.52% 44.57%
Healthcare
14.85% 0.00% 53.39% 40.68%
Consumer Cyclical
13.28% 0.00% 53.63% 19.11%
Industrials
10.35% 0.00% 29.63% 30.03%
Communication Services
8.97% 0.00% 34.05% 67.71%
Financial Services
8.23% 0.00% 44.52% 91.47%
Real Estate
6.04% 0.00% 18.16% 5.12%
Consumer Defense
5.21% 0.00% 46.61% 88.40%
Utilities
3.41% 0.00% 18.14% 19.80%
Basic Materials
3.20% 0.00% 34.89% 27.78%
Energy
2.22% 0.00% 13.74% 25.19%

Stock Geographic Breakdown

Weighting Return Low Return High DFMAX % Rank
US
96.27% 0.00% 147.48% 50.71%
Non US
2.17% 0.00% 62.26% 45.31%

DFMAX - Expenses

Operational Fees

DFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% 0.01% 20.53% 24.71%
Management Fee 0.65% 0.00% 2.00% 68.56%
12b-1 Fee 0.25% 0.00% 1.00% 47.33%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

DFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 1.00% 5.75% 74.43%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

DFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.25% 2.00% 80.00%

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.

DFMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.69% 0.00% 451.00% 36.45%

DFMAX - Distributions

Dividend Yield Analysis

DFMAX Category Low Category High DFMAX % Rank
Dividend Yield 0.00% 0.00% 17.94% 56.66%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DFMAX Category Low Category High DFMAX % Rank
Net Income Ratio 0.63% -3.04% 3.34% 78.74%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DFMAX - Fund Manager Analysis

Managers

Brian Clancy


Start Date

Tenure

Tenure Rank

Aug 11, 2008

12.23

12.2%

Brian is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Brian has twenty-one years of investment experience; prior to joining Davidson Investment Advisors, Brian served as co-portfolio manager of SAFECO Asset Management’s Multi-Cap Core fund. Additionally, Brian served as a portfolio manager for the SAFECO Trust Company in Seattle. Beyond portfolio management duties, Brian operated as an equity analyst covering the semiconductor, semiconductor capital equipment, communications technology, office equipment, beverage, and waste management industries. Brian is a member of the CFA Society of Seattle, and serves on the Board of Directors for D.A. Davidson & Co. Brian earned a BS in mathematics from the United States Naval Academy and earned an MBA from the University of Washington.

Paul Condrat


Start Date

Tenure

Tenure Rank

Jun 30, 2011

9.35

9.4%

Paul is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Paul has fourteen years of investment experience, having previously served as a Senior Research Analyst supporting all of Davidson’s equity strategies. Prior to joining the firm, Paul worked with Bainbridge Capital in San Diego as a Business Analyst. He serves on the Board of Directors, as well as the Finance Committee, for InvestED, a public non-profit organization serving secondary school students. Paul is a member of the CFA Society of Seattle. Paul earned a BBA in Finance and Marketing from Gonzaga University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.86 6.28 0.67