CANTOR FBP EQUITY DIVIDEND PLUS FUND
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
14.4%
1 yr return
24.1%
3 Yr Avg Return
0.0%
5 Yr Avg Return
3.0%
Net Assets
$62.6 M
Holdings in Top 10
34.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.23%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FBPEX - Profile
Distributions
- YTD Total Return 14.4%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.17%
- Dividend Yield 3.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameCANTOR FBP EQUITY DIVIDEND PLUS FUND
-
Fund Family NameCantor Fitzgerald Funds
-
Inception DateFeb 28, 1997
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Bruce
Fund Description
The Dividend Fund seeks to achieve its objective by investing in a diversified portfolio comprised primarily of above-average dividendyielding, undervalued equity securities with dividend growth potential. Above-average dividend yield means the dividend yield is greater than the market as measured by the S&P 500 Index. In identifying companies with dividend growth potential, the Adviser focuses on finding companies with secure and growing dividends. Under normal circumstances, at least 80% of the Fund’s net assets (including the amount of any borrowings for investment purposes) will be invested in equity securities of companies that have announced dividend paying programs at the time such companies’ equity securities are purchased. The Fund’s equity securities primarily include common stocks, but may also include other equity securities such as covered call options and shares of exchange-traded funds (“ETFs”). When the Dividend Fund invests in ETFs, it does not look through to the underlying holdings with regards to its strategy to invest at least 80% of its net assets in equity securities of dividend-paying companies.
The Adviser seeks to acquire equity securities of companies which, in its judgment, possess attractive valuation characteristics, the capability for above-average dividend yield and the potential to increase dividends over time. The Fund invests in a variety of major market sectors in an attempt to control risk through diversification. The Fund also seeks to enhance, or generate, additional portfolio income by selectively writing, or selling, covered call options on a target range of between 15-30% of the Fund’s underlying equity securities. The Fund writes options only for income generation and hedging purposes and not for speculation. The aggregate value of the underlying obligations will normally not exceed 35% of the Fund’s net assets, but may increase to 50% of net assets when, in the Adviser’s opinion, such investments would be advantageous to the Fund.
Equity Securities. The Fund will invest primarily in companies with market capitalizations of $1 billion or more. The Fund may invest in shares of ETFs if the Adviser believes it is advisable to adjust the Fund’s exposure to the broad market or to industry sectors without purchasing a large number of individual securities.
Covered Call Options. When the Adviser believes that individual equity securities held by the Dividend Fund are approaching the top of the Adviser’s growth and price expectations, covered call options may be written (sold) against such securities and the Dividend Fund will receive a premium in return. The Dividend Fund writes options only for income generation and hedging purposes and not for speculation.
FBPEX - Performance
Return Ranking - Trailing
Period | FBPEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | -10.8% | 38.0% | 57.74% |
1 Yr | 24.1% | 4.1% | 61.3% | 61.45% |
3 Yr | 0.0%* | -4.1% | 30.7% | 99.15% |
5 Yr | 3.0%* | -0.8% | 45.1% | 99.70% |
10 Yr | 1.7%* | 1.5% | 25.1% | 99.74% |
* Annualized
Return Ranking - Calendar
Period | FBPEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.2% | -16.9% | 46.1% | 96.22% |
2022 | -8.3% | -64.7% | 4.6% | 23.25% |
2021 | 17.7% | -44.2% | 57.5% | 44.62% |
2020 | -4.4% | -23.2% | 285.0% | 81.77% |
2019 | 11.3% | -21.4% | 48.5% | 90.37% |
Total Return Ranking - Trailing
Period | FBPEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | -10.8% | 38.0% | 57.74% |
1 Yr | 24.1% | 4.1% | 61.3% | 61.45% |
3 Yr | 0.0%* | -4.1% | 30.7% | 99.15% |
5 Yr | 3.0%* | -0.8% | 45.1% | 99.70% |
10 Yr | 1.7%* | 1.5% | 25.1% | 99.74% |
* Annualized
Total Return Ranking - Calendar
Period | FBPEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.9% | -15.9% | 46.7% | 98.25% |
2022 | -8.3% | -42.0% | 8.5% | 73.86% |
2021 | 17.7% | 3.6% | 129.7% | 96.25% |
2020 | -4.4% | -22.6% | 304.8% | 93.89% |
2019 | 11.3% | -12.7% | 52.1% | 99.09% |
NAV & Total Return History
FBPEX - Holdings
Concentration Analysis
FBPEX | Category Low | Category High | FBPEX % Rank | |
---|---|---|---|---|
Net Assets | 62.6 M | 1.97 M | 163 B | 87.79% |
Number of Holdings | 69 | 2 | 1727 | 64.28% |
Net Assets in Top 10 | 10.5 M | 433 K | 37.8 B | 93.66% |
Weighting of Top 10 | 34.52% | 4.4% | 99.1% | 23.18% |
Top 10 Holdings
- Fidelity Investments Money Market Funds - Government Portfolio 9.83%
- Broadcom, Inc. 3.99%
- Raytheon Technologies Corp. 2.96%
- International Business Machines Corp. 2.75%
- Johnson Johnson 2.67%
- JPMorgan Chase Co. 2.63%
- Chevron Corp. 2.48%
- Exxon Mobil Corp. 2.47%
- Cisco Systems, Inc. 2.47%
- CVS Health Corp. 2.27%
Asset Allocation
Weighting | Return Low | Return High | FBPEX % Rank | |
---|---|---|---|---|
Stocks | 90.19% | 7.19% | 103.40% | 96.05% |
Cash | 10.18% | 0.00% | 36.15% | 1.74% |
Preferred Stocks | 0.00% | 0.00% | 15.27% | 82.46% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 81.18% |
Bonds | 0.00% | 0.00% | 78.06% | 82.37% |
Other | -0.33% | -2.59% | 36.68% | 99.36% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FBPEX % Rank | |
---|---|---|---|---|
Financial Services | 19.86% | 0.00% | 58.05% | 43.47% |
Technology | 15.71% | 0.00% | 54.02% | 19.00% |
Healthcare | 14.16% | 0.00% | 30.08% | 82.39% |
Consumer Defense | 9.57% | 0.00% | 34.10% | 35.03% |
Energy | 9.10% | 0.00% | 54.00% | 32.16% |
Industrials | 6.32% | 0.00% | 42.76% | 91.10% |
Communication Services | 6.18% | 0.00% | 26.58% | 41.33% |
Consumer Cyclical | 5.90% | 0.00% | 22.74% | 46.71% |
Utilities | 5.55% | 0.00% | 27.04% | 36.70% |
Basic Materials | 4.67% | 0.00% | 21.69% | 21.78% |
Real Estate | 2.99% | 0.00% | 90.54% | 45.13% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FBPEX % Rank | |
---|---|---|---|---|
US | 90.19% | 7.19% | 103.40% | 88.80% |
Non US | 0.00% | 0.00% | 24.08% | 86.13% |
FBPEX - Expenses
Operational Fees
FBPEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.23% | 0.03% | 14.82% | 27.65% |
Management Fee | 0.70% | 0.00% | 1.50% | 77.99% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | 70.04% |
Sales Fees
FBPEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
FBPEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
FBPEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 488.00% | 6.00% |
FBPEX - Distributions
Dividend Yield Analysis
FBPEX | Category Low | Category High | FBPEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.59% | 0.00% | 16.67% | 9.10% |
Dividend Distribution Analysis
FBPEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
FBPEX | Category Low | Category High | FBPEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.17% | -1.51% | 4.28% | 60.24% |
Capital Gain Distribution Analysis
FBPEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 27, 2024 | $0.256 | OrdinaryDividend |
Mar 28, 2024 | $0.256 | OrdinaryDividend |
Dec 28, 2023 | $0.176 | OrdinaryDividend |
Dec 28, 2023 | $0.079 | CapitalGainShortTerm |
Dec 28, 2023 | $0.649 | CapitalGainLongTerm |
FBPEX - Fund Manager Analysis
Managers
John Bruce
Start Date
Tenure
Tenure Rank
Jul 30, 1993
28.85
28.9%
John T. Bruce, CFA, is primarily responsible for managing the FBP Appreciation & Income Opportunities Fund and has been managing the Fund since its inception in 1989. Mr. Bruce is the Sr. Managing Director of the Adviser and has been with Flippin, Bruce & Porter, Inc since the founding of the firm in 1985.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.08 | 6.71 |