First Sentier American Listed Infrastructure Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
5.9%
3 Yr Avg Return
2.5%
5 Yr Avg Return
N/A
Net Assets
$2.8 M
Holdings in Top 10
63.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 10.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLIAX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.34%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFirst Sentier American Listed Infrastructure Fund
-
Fund Family NameFirst Sentier Investors
-
Inception DateDec 29, 2020
-
Shares Outstanding195636
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJessica Jouning
Fund Description
FLIAX - Performance
Return Ranking - Trailing
Period | FLIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -11.4% | 9.3% | 27.00% |
1 Yr | 5.9% | -24.7% | 39.2% | 12.00% |
3 Yr | 2.5%* | -13.0% | 14.0% | 22.68% |
5 Yr | N/A* | -2.2% | 19.0% | N/A |
10 Yr | N/A* | 1.3% | 9.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | FLIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.3% | -17.5% | 30.1% | 86.00% |
2022 | -21.5% | -28.1% | -3.4% | 91.00% |
2021 | N/A | -28.7% | 35.7% | N/A |
2020 | N/A | -12.5% | 28.8% | N/A |
2019 | N/A | 9.9% | 33.6% | N/A |
Total Return Ranking - Trailing
Period | FLIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -11.4% | 9.3% | 27.00% |
1 Yr | 5.9% | -24.7% | 39.2% | 12.00% |
3 Yr | 2.5%* | -13.0% | 14.0% | 22.68% |
5 Yr | N/A* | -2.2% | 19.0% | N/A |
10 Yr | N/A* | 1.3% | 9.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLIAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.6% | -15.6% | 31.0% | 86.00% |
2022 | -6.2% | -27.1% | -0.5% | 30.00% |
2021 | N/A | -3.5% | 36.4% | N/A |
2020 | N/A | -11.2% | 29.9% | N/A |
2019 | N/A | 16.7% | 35.3% | N/A |
NAV & Total Return History
FLIAX - Holdings
Concentration Analysis
FLIAX | Category Low | Category High | FLIAX % Rank | |
---|---|---|---|---|
Net Assets | 2.8 M | 1.83 M | 8.77 B | 99.01% |
Number of Holdings | 29 | 27 | 233 | 97.03% |
Net Assets in Top 10 | 1.72 M | 757 K | 4.96 B | 98.02% |
Weighting of Top 10 | 63.54% | 9.2% | 63.5% | 0.99% |
Top 10 Holdings
- Union Pacific Corp 11.35%
- American Tower Corp 8.64%
- NextEra Energy Inc 7.38%
- Norfolk Southern Corp 6.39%
- Duke Energy Corp 5.75%
- Crown Castle Inc 5.19%
- Southern Co/The 4.99%
- Cheniere Energy Inc 4.79%
- CSX Corp 4.57%
- Targa Resources Corp 4.50%
Asset Allocation
Weighting | Return Low | Return High | FLIAX % Rank | |
---|---|---|---|---|
Stocks | 98.95% | 86.92% | 100.24% | 36.63% |
Cash | 1.05% | 0.00% | 8.69% | 69.31% |
Preferred Stocks | 0.00% | 0.00% | 2.81% | 48.51% |
Other | 0.00% | -0.32% | 3.11% | 51.49% |
Convertible Bonds | 0.00% | 0.00% | 2.46% | 46.53% |
Bonds | 0.00% | 0.00% | 6.41% | 47.52% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FLIAX % Rank | |
---|---|---|---|---|
Utilities | 51.40% | 3.71% | 96.19% | 19.80% |
Industrials | 23.11% | 0.00% | 68.24% | 52.48% |
Real Estate | 16.27% | 0.00% | 23.51% | 21.78% |
Energy | 9.23% | 0.00% | 32.46% | 68.32% |
Technology | 0.00% | 0.00% | 25.65% | 72.28% |
Healthcare | 0.00% | 0.00% | 6.54% | 46.53% |
Financial Services | 0.00% | 0.00% | 17.28% | 52.48% |
Communication Services | 0.00% | 0.00% | 27.53% | 90.10% |
Consumer Defense | 0.00% | 0.00% | 0.99% | 49.50% |
Consumer Cyclical | 0.00% | 0.00% | 10.02% | 49.50% |
Basic Materials | 0.00% | 0.00% | 25.54% | 59.41% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FLIAX % Rank | |
---|---|---|---|---|
US | 95.98% | 1.21% | 99.74% | 4.95% |
Non US | 2.97% | 0.00% | 98.80% | 96.04% |
FLIAX - Expenses
Operational Fees
FLIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 10.15% | 0.30% | 18.17% | 3.06% |
Management Fee | 0.75% | 0.30% | 1.00% | 21.78% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
FLIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FLIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 55.56% |
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.
FLIAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 13.00% | 128.00% | N/A |
FLIAX - Distributions
Dividend Yield Analysis
FLIAX | Category Low | Category High | FLIAX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.99% | 0.00% | 5.60% | 28.71% |
Dividend Distribution Analysis
FLIAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
FLIAX | Category Low | Category High | FLIAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.34% | -0.39% | 4.38% | 61.86% |
Capital Gain Distribution Analysis
FLIAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.271 | OrdinaryDividend |
Dec 12, 2022 | $1.898 | OrdinaryDividend |
FLIAX - Fund Manager Analysis
Managers
Jessica Jouning
Start Date
Tenure
Tenure Rank
Dec 29, 2020
1.42
1.4%
Jessica Jouning is a Senior Analyst and Assistant Portfolio Manager for the Global Listed Infrastructure team at First Sentier Investors. She is responsible for research coverage of the Railroads, Waste and Data Center sectors. This role primarily involves generation and presentation of investment ideas to the team, driven by intensive due diligence including meetings with various industry participants, producing financial valuation models, qualitative reviews of companies and writing of research reports. She brings specialist listed infrastructure investment experience to the role having previously covered the U.S. utilities, Asia-Pacific utilities and global ports sectors. She is Assistant Portfolio Manager on the Fund with Andrew Greenup, having had responsibilities for portfolio management within the team for the last 6 years. In this role she is involved in the portfolio construction and execution of the Fund and growing this business for clients. Ms. Jouning initially joined First Sentier Investors in February 2010 on the university graduate program. Ms. Jouning holds a Bachelor of Commerce (First Class Honours) from the University of Queensland. Her Honours research thesis was published in the Journal of Banking and Finance.
Andrew Greenup
Start Date
Tenure
Tenure Rank
Dec 29, 2020
1.42
1.4%
Andrew Greenup, Deputy Head of Global Listed Infrastructure at Colonial First State Asset Management (Australia) Limited, is one of the portfolio managers responsible for the day-to-day management of the Fund's portfolio. Mr. Greenup began his career at the firm in July 2005. Prior to joining the firm, Mr. Greenup worked at Allianz Global Investors as a senior analyst in Australian equities. Mr. Greenup holds a Bachelor Business (First Class Honours) from the Queensland University of Technology (QUT) and was awarded the QUT University medal. He has completed a Graduate Diploma in Applied Finance & Investment from the Financial Services Institute of Australasia and a Postgraduate Diploma in International Relations from Macquarie University. Andrew is an Associate of the Australian Institute of Company Directors, a Fellow of the Financial Services Institute of Australia, a member of the Australian Institute of International Affairs and sits on the MBA Course Advisory Committee for the University of Technology Sydney (UTS) Business School.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 18.18 | 5.94 | 8.08 |