Frank Funds - Camelot Event Driven Fund Class I
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
0.8%
3 Yr Avg Return
3.8%
5 Yr Avg Return
10.3%
Net Assets
$67.7 M
Holdings in Top 10
34.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 287.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EVDIX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 10.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.54%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFrank Funds - Camelot Event Driven Fund Class I
-
Fund Family NameCamelot Funds
-
Inception DateJun 25, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Kirchner
Fund Description
EVDIX - Performance
Return Ranking - Trailing
Period | EVDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -73.0% | 19.4% | 1.43% |
1 Yr | 0.8% | -9.1% | 86.9% | 0.36% |
3 Yr | 3.8%* | -9.5% | 16.2% | 0.40% |
5 Yr | 10.3%* | -4.9% | 14.4% | 0.45% |
10 Yr | N/A* | -0.9% | 7.5% | 1.06% |
* Annualized
Return Ranking - Calendar
Period | EVDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.8% | -22.7% | 305.1% | 4.07% |
2022 | -4.9% | -9.8% | 27.3% | 3.63% |
2021 | 23.2% | -20.8% | 10.9% | N/A |
2020 | 18.1% | -12.4% | 29.4% | N/A |
2019 | 14.2% | -10.5% | 15.8% | N/A |
Total Return Ranking - Trailing
Period | EVDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -73.0% | 19.4% | 1.43% |
1 Yr | 0.8% | -13.4% | 86.9% | 0.36% |
3 Yr | 3.8%* | -9.5% | 16.2% | 0.40% |
5 Yr | 10.3%* | -5.3% | 14.4% | 0.45% |
10 Yr | N/A* | -0.9% | 7.5% | 1.06% |
* Annualized
Total Return Ranking - Calendar
Period | EVDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -22.7% | 305.1% | 4.07% |
2022 | 3.8% | -9.8% | 27.3% | 3.63% |
2021 | 23.2% | -20.8% | 10.9% | N/A |
2020 | 19.3% | -8.4% | 29.4% | N/A |
2019 | 15.3% | -10.2% | 18.0% | N/A |
NAV & Total Return History
EVDIX - Holdings
Concentration Analysis
EVDIX | Category Low | Category High | EVDIX % Rank | |
---|---|---|---|---|
Net Assets | 67.7 M | 1.5 M | 5.01 B | 83.76% |
Number of Holdings | 266 | 4 | 4478 | 62.54% |
Net Assets in Top 10 | 21.8 M | -398 M | 2.55 B | 84.45% |
Weighting of Top 10 | 34.68% | 13.1% | 100.0% | 77.98% |
Top 10 Holdings
- MGM Resorts International 6.43%
- Alexion Pharmaceuticals Inc 5.26%
- Crown Castle International Corp 5.13%
- Evergy Inc 5.11%
- IEC Electronics Corp 4.90%
- Citrix Systems Inc 4.38%
- ViacomCBS Inc Class B 4.16%
- Elanco Animal Health Inc 3.86%
- Jazz Pharmaceuticals PLC 3.85%
- Dell Technologies Inc Class C 3.61%
Asset Allocation
Weighting | Return Low | Return High | EVDIX % Rank | |
---|---|---|---|---|
Stocks | 77.41% | -3.75% | 97.95% | 8.83% |
Cash | 19.31% | -6278.21% | 410.43% | 62.90% |
Preferred Stocks | 1.44% | -0.12% | 46.97% | 1.41% |
Bonds | 1.05% | -326.45% | 6347.80% | 75.97% |
Convertible Bonds | 0.80% | 0.00% | 87.92% | 16.61% |
Other | 0.00% | -21.53% | 148.54% | 80.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EVDIX % Rank | |
---|---|---|---|---|
Communication Services | 13.32% | 0.00% | 21.78% | 1.97% |
Utilities | 12.34% | 0.00% | 9.23% | 3.54% |
Consumer Cyclical | 12.31% | 0.00% | 29.09% | 1.57% |
Consumer Defense | 10.93% | 0.00% | 13.62% | 87.80% |
Financial Services | 10.29% | 0.00% | 59.28% | 99.21% |
Real Estate | 8.86% | 0.00% | 51.26% | 18.90% |
Healthcare | 7.84% | 0.00% | 45.63% | 79.13% |
Industrials | 6.43% | 0.00% | 21.45% | 98.43% |
Technology | 6.02% | 0.00% | 39.58% | 85.43% |
Basic Materials | 5.96% | 0.00% | 27.46% | 66.93% |
Energy | 5.70% | 0.00% | 100.00% | 3.54% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EVDIX % Rank | |
---|---|---|---|---|
US | 59.16% | -8.85% | 91.88% | 12.37% |
Non US | 18.25% | -19.62% | 42.11% | 23.67% |
Bond Sector Breakdown
Weighting | Return Low | Return High | EVDIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 85.45% | 0.27% | 100.00% | 25.80% |
Corporate | 11.26% | 0.00% | 87.73% | 22.61% |
Municipal | 2.33% | 0.00% | 27.33% | 1.06% |
Securitized | 0.96% | 0.00% | 56.83% | 40.99% |
Derivative | 0.00% | 0.00% | 88.81% | 89.05% |
Government | 0.00% | 0.00% | 84.29% | 92.23% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | EVDIX % Rank | |
---|---|---|---|---|
Non US | 0.83% | -382.37% | 121.02% | 54.06% |
US | 0.22% | -126.19% | 6311.18% | 78.80% |
EVDIX - Expenses
Operational Fees
EVDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.39% | 0.29% | 31.15% | 33.81% |
Management Fee | 1.30% | 0.00% | 2.50% | 75.97% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.21% | 0.01% | 0.30% | 84.93% |
Sales Fees
EVDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EVDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 18.18% |
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.
EVDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 287.00% | 0.00% | 491.00% | 89.52% |
EVDIX - Distributions
Dividend Yield Analysis
EVDIX | Category Low | Category High | EVDIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.31% | 0.00% | 4.56% | 46.64% |
Dividend Distribution Analysis
EVDIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
EVDIX | Category Low | Category High | EVDIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.54% | -2.51% | 6.83% | 42.45% |
Capital Gain Distribution Analysis
EVDIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $1.272 | OrdinaryDividend |
Dec 21, 2022 | $1.877 | OrdinaryDividend |
Dec 21, 2020 | $0.176 | OrdinaryDividend |
Dec 20, 2019 | $0.139 | OrdinaryDividend |
EVDIX - Fund Manager Analysis
Managers
Thomas Kirchner
Start Date
Tenure
Tenure Rank
Nov 21, 2003
18.54
18.5%
Thomas F. Kirchner is portfolio manager for Camelot Event-Driven Advisors, LLC. Prior to joining Camelot, he worked for Quaker Funds, inc, and previously was the founder and portfolio manager of Pennsylvania Avenue Advisers LLC. Mr. Kirchner worked as a Bond Trader for Banque Nationale de Paris S.A. In 1999, he was retained by Fannie Mae as a Financial Engineer. Mr. Kirchner is a graduate of Kings College, University of London; Institut d’Etudes Politiques de Paris and University of Chicago Booth School of Business. He is the author of Merger Arbitrage: How to Profit From Global Event-Driven Arbitrage (Wiley Finance, 2nd ed.).
Paul Hoffmeister
Start Date
Tenure
Tenure Rank
Jan 12, 2018
4.38
4.4%
Mr. Hoffmeister joined Camelot Portfolios in 2017 and co-manages the Camelot Event Driven Fund. He is also economic counsel at Bretton Woods Research. Prior to that, he served as Director of Market Strategy and Chief Economist at Polyconomics. Mr. Hoffmeister’s experience includes trading derivatives on the S&P 500 at the Chicago Mercantile Exchange, as well as the Kospi 200 Index on the Korean Stock Exchange. His insights have been quoted in the financial press including Bloomberg and Reuters. He has appeared on CNBC’s “Kudlow & Company” and has written for National Review Online, Forbes, and RealClearMarkets. Mr. Hoffmeister is a graduate of Georgetown University with a BS in Accounting and Finance, and MBA from Northwestern’s Kellogg School of Management.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |