Bow River Capital Evergreen Fund - Bow River Cap Evergreen Fd USD Cls I
Name
As of 12/31/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$43.37
$369 M
0.00%
2.42%
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$369 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 19.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/31/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$43.37
$369 M
0.00%
2.42%
EVERX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.73%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBow River Capital Evergreen Fund - Bow River Cap Evergreen Fd USD Cls I
-
Fund Family NameBowriver Capital
-
Inception DateSep 24, 2021
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMike Trihy
Fund Description
EVERX - Performance
Return Ranking - Trailing
Period | EVERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.1% | 26.4% | 3.01% |
1 Yr | N/A | -3.9% | 45.2% | 58.28% |
3 Yr | N/A* | -5.0% | 9.1% | N/A |
5 Yr | N/A* | -3.6% | 16.0% | N/A |
10 Yr | N/A* | 0.7% | 10.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | EVERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.1% | -12.2% | 23.9% | 54.35% |
2022 | 2.8% | -34.7% | 2.8% | 0.14% |
2021 | N/A | -11.9% | 18.1% | N/A |
2020 | N/A | -20.9% | 39.7% | N/A |
2019 | N/A | 0.8% | 25.7% | N/A |
Total Return Ranking - Trailing
Period | EVERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -0.1% | 26.4% | 3.01% |
1 Yr | N/A | -3.9% | 45.2% | 58.28% |
3 Yr | N/A* | -5.0% | 9.1% | N/A |
5 Yr | N/A* | -3.6% | 16.0% | N/A |
10 Yr | N/A* | 0.7% | 10.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EVERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -12.2% | 26.8% | 73.74% |
2022 | 6.4% | -29.0% | 10.9% | 0.28% |
2021 | N/A | -3.0% | 24.2% | N/A |
2020 | N/A | -19.5% | 40.6% | N/A |
2019 | N/A | 4.4% | 32.7% | N/A |
NAV & Total Return History
EVERX - Holdings
Concentration Analysis
EVERX | Category Low | Category High | EVERX % Rank | |
---|---|---|---|---|
Net Assets | 369 M | 789 K | 217 B | 68.87% |
Number of Holdings | N/A | 2 | 15716 | N/A |
Net Assets in Top 10 | N/A | 618 K | 62.8 B | N/A |
Weighting of Top 10 | N/A | 11.4% | 121.1% | N/A |
Top 10 Holdings
Asset Allocation
Weighting | Return Low | Return High | EVERX % Rank | |
---|---|---|---|---|
Stocks | 0.00% | 0.00% | 103.09% | N/A |
Preferred Stocks | 0.00% | 0.00% | 23.88% | N/A |
Other | 0.00% | -42.80% | 117.44% | N/A |
Convertible Bonds | 0.00% | 0.00% | 23.84% | N/A |
Cash | 0.00% | -10.21% | 100.00% | N/A |
Bonds | 0.00% | 0.00% | 77.27% | N/A |
EVERX - Expenses
Operational Fees
EVERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.42% | 0.03% | 17.63% | 5.66% |
Management Fee | 1.75% | 0.00% | 1.83% | 99.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
EVERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
EVERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.00% | 2.00% | 5.26% |
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.
EVERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 19.00% | 0.00% | 343.00% | 21.48% |
EVERX - Distributions
Dividend Yield Analysis
EVERX | Category Low | Category High | EVERX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.38% | 96.01% |
Dividend Distribution Analysis
EVERX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
EVERX | Category Low | Category High | EVERX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.73% | -2.34% | 19.41% | 99.86% |
Capital Gain Distribution Analysis
EVERX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 11, 2023 | $1.138 | OrdinaryDividend |
Jan 10, 2022 | $0.272 | OrdinaryDividend |
EVERX - Fund Manager Analysis
Managers
Mike Trihy
Start Date
Tenure
Tenure Rank
May 22, 2020
2.02
2.0%
Mike Trihy, CFA, joined Bow River Capital as a Vice President and Portfolio Manager, and is currently responsible for portfolio construction and investment research for the Fund. Prior to joining Bow River Capital in 2019, Mr. Trihy was a Portfolio Manager at Partners Group, a Swiss-based global private markets manager. Mike joined Partners Group in January 2017 and was responsible for the day-to-day portfolio management for separate account and evergreen fund mandates in the Americas region, including the largest private equity-focused tender offer fund globally. During his time as Portfolio Manager, the evergreen funds under his mandate delivered consistent total returns with low levels of volatility, while maintaining appropriate liquidity and a high level of portfolio diversification. He has constructed portfolios across multiple asset classes, including private equity, real assets, private credit, and liquid investments (equity and credit). Before his time at Partners Group, Mr. Trihy worked six years as a Client Portfolio Manager at Red Rocks Capital, a Denver-based asset manager focused on Listed Private Equity investments. He was responsible for investment research and portfolio management of the firm's equity index products.
Rich Wham
Start Date
Tenure
Tenure Rank
May 22, 2020
2.02
2.0%
Prior to joining Bow River Capital, Mr. Wham spent thirteen years as a partner at Denver-based Westfield Company where he led the capitalization of numerous real estate investments exceeding $1 billion in total value. As President and Chief Operating Officer at Bow River Capital, Mr. Wham is responsible for overseeing operations of Bow River Capital and its funds, investor relations, and engaging specialized and experienced personnel to advise on potential new fund opportunities. Additionally, he oversees the real estate group and co-chairs the advisory board for the 2017 Buyout Fund. Mr. Wham represents a “C-level” point of contact for all Bow River Capital investors.
Jeremy Held
Start Date
Tenure
Tenure Rank
May 22, 2020
2.02
2.0%
Jeremy Held, CFA, is currently responsible for Bow River Capital’s registered asset management business including investment oversight, research and product development. Prior to joining Bow River Capital, Mr. Held was the Director of Research and Chief Investment Officer at ALPS Advisors, a Denver-based asset manager that specializes in registered fund vehicles focused on real assets and alternative investments. Mr. Held began his career at ALPS in 1996 and helped lead a variety of business initiatives over two decades, including the launch of the firm’s asset management business in 2007. Mr. Held has a strong track record launching innovative investment products, including the world’s first Master Limited Partnership (“MLP”) Exchange-Traded Fund (“ETF”), as well as the first Listed Private Equity (“LPE”) mutual fund. Mr. Held was ultimately responsible for all aspects of the ALPS Advisors business, overseeing 44 registered investment companies and more than $20 billion in assets. Mr. Held has significant investment oversight experience, advising several registered mutual fund boards and serving as President of Red Rocks Capital, a wholly-owned subsidiary of ALPS focused on Listed Private Equity investments.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.33 | 2.41 |