LGOAX: Miller Opportunity A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

LGOAX Miller Opportunity A


Profile

LGOAX - Profile

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 9.2%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.77 B
  • Holdings in Top 10 40.9%

52 WEEK LOW AND HIGH

$29.34
$14.93
$32.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.47%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 35.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Miller Opportunity Trust
  • Fund Family Name
    Miller Value Funds
  • Inception Date
    Feb 03, 2009
  • Shares Outstanding
    23884225
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bill Miller

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

LGOAX - Performance

Return Ranking - Trailing

Period LGOAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -64.9% 866.0% 26.58%
1 Yr 20.2% -70.4% 906.3% 11.78%
3 Yr 9.2%* -33.6% 50.0% 10.42%
5 Yr N/A* -36.3% 41.2% 4.94%
10 Yr N/A* -14.8% 33.0% 6.25%

* Annualized

Return Ranking - Calendar

Period LGOAX Return Category Return Low Category Return High Rank in Category (%)
2019 33.9% -58.1% 80.6% 6.41%
2018 -9.8% -93.5% 23.6% 46.57%
2017 N/A -55.3% 69.8% N/A
2016 N/A -34.8% 68.2% N/A
2015 N/A -40.3% 22.5% N/A

Total Return Ranking - Trailing

Period LGOAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -64.9% 866.0% 26.58%
1 Yr 20.2% -70.4% 906.3% 11.78%
3 Yr 9.2%* -33.6% 122.8% 11.00%
5 Yr N/A* -36.3% 66.5% 16.87%
10 Yr N/A* -14.8% 33.0% 18.75%

* Annualized

Total Return Ranking - Calendar

Period LGOAX Return Category Return Low Category Return High Rank in Category (%)
2019 33.9% -58.1% 80.6% 6.41%
2018 -9.8% -53.1% 23.6% 57.70%
2017 N/A -55.3% 69.8% N/A
2016 N/A -34.8% 70.7% N/A
2015 N/A -38.0% 30.8% N/A

NAV & Total Return History


Holdings

LGOAX - Holdings

Concentration Analysis

LGOAX Category Low Category High LGOAX % Rank
Net Assets 1.77 B 92.3 K 15.3 B 9.27%
Number of Holdings 43 1 1315 59.10%
Net Assets in Top 10 649 M -82 M 4.21 B 9.72%
Weighting of Top 10 40.94% 3.7% 100.0% 59.57%

Top 10 Holdings

  1. Farfetch Ltd Class A 6.21%
  2. Amazon.com Inc 5.40%
  3. ADT Inc 4.78%
  4. Teva Pharmaceutical Industries Ltd ADR 4.20%
  5. Facebook Inc A 3.87%
  6. Medifast Inc 3.59%
  7. Alphabet Inc A 3.40%
  8. Alibaba Group Holding Ltd ADR 3.17%
  9. Taylor Morrison Home Corp Class A 3.17%
  10. Stitch Fix Inc Class A 3.15%

Asset Allocation

Weighting Return Low Return High LGOAX % Rank
Stocks
99.08% -169.40% 100.14% 2.62%
Other
0.63% -895.56% 38.46% 26.08%
Cash
0.29% -0.17% 1041.68% 97.38%
Preferred Stocks
0.00% 0.00% 18.93% 22.07%
Convertible Bonds
0.00% 0.00% 10.56% 30.40%
Bonds
0.00% -332.80% 45.33% 38.12%

Stock Sector Breakdown

Weighting Return Low Return High LGOAX % Rank
Consumer Cyclical
35.89% 0.00% 59.77% 1.79%
Healthcare
17.26% 0.00% 100.00% 23.05%
Financial Services
13.03% 0.00% 100.00% 55.68%
Communication Services
11.17% 0.00% 100.00% 23.38%
Industrials
11.08% 0.00% 70.69% 41.40%
Technology
7.56% 0.00% 99.85% 78.57%
Basic Materials
2.06% 0.00% 72.60% 59.42%
Energy
1.95% 0.00% 100.00% 58.44%
Utilities
0.00% 0.00% 99.08% 70.45%
Real Estate
0.00% 0.00% 100.00% 75.65%
Consumer Defense
0.00% 0.00% 69.13% 86.36%

Stock Geographic Breakdown

Weighting Return Low Return High LGOAX % Rank
US
79.25% -162.68% 79.97% 3.40%
Non US
19.83% -48.75% 65.94% 8.33%

Expenses

LGOAX - Expenses

Operational Fees

LGOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% 0.08% 45.48% 69.72%
Management Fee 0.77% 0.00% 2.94% 41.29%
12b-1 Fee 0.25% 0.00% 1.00% 27.94%
Administrative Fee N/A 0.03% 1.47% N/A

Sales Fees

LGOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 3.85%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LGOAX 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.

LGOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.00% 0.00% 496.00% 33.56%

Distributions

LGOAX - Distributions

Dividend Yield Analysis

LGOAX Category Low Category High LGOAX % Rank
Dividend Yield 0.00% 0.00% 11.31% 10.94%

Dividend Distribution Analysis

LGOAX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Net Income Ratio Analysis

LGOAX Category Low Category High LGOAX % Rank
Net Income Ratio 0.02% -4.31% 6.50% 62.20%

Capital Gain Distribution Analysis

LGOAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LGOAX - Fund Manager Analysis

Managers

Bill Miller


Start Date

Tenure

Tenure Rank

Dec 30, 1999

20.68

20.7%

Bill Miller, CFA is the founder of Miller Value Partners, and currently serves as the Chairman and Chief Investment Officer, and co-Portfolio Manager for the Opportunity Equity strategy. Prior to Miller Value Partners, Bill and his partner, Ernie Kiehne, founded Legg Mason Capital Management and served as portfolio managers of the Legg Mason Capital Management Value Trust from its inception in 1982. Bill took over as sole manager in December 1990 and served in this role for the next 20 years. Bill was the director of research for Legg Mason from October 1981 through June 1985 and assumed ov

Samantha McLemore


Start Date

Tenure

Tenure Rank

Aug 19, 2008

12.04

12.0%

Samantha McLemore, CFA, has been the Co-Portfolio Manager of the Miller Opportunity Trust since inception in 2017. She served as Assistant Portfolio Manager from 2008 to 2014. Ms. McLemore has worked on the Opportunity strategy since 2002 and she has served as a portfolio manager for the Adviser since 2014. McLemore is a portfolio manager of Legg Mason Capital Management, Inc. She has been an analyst on LMCM's research team since 2002.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.69 7.03 2.67