LMOFX: Miller Opportunity Trust - MutualFunds.com
Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$44.45

-

0.00%

1.35%

Vitals

YTD Return

7.9%

1 yr return

39.8%

3 Yr Avg Return

13.2%

5 Yr Avg Return

19.3%

Net Assets

$2.55 B

Holdings in Top 10

32.7%

52 WEEK LOW AND HIGH

$43.47
$30.08
$51.49

Expenses

OPERATING FEES

Expense Ratio 1.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 64.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Mid-Cap Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$44.45

-

0.00%

1.35%

LMOFX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 13.2%
  • 5 Yr Annualized Total Return 19.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.19%
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 13, 2004
  • Shares Outstanding
    478141
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Bill Miller

Fund Description

The fund normally makes investments that, in the portfolio managers' opinion, offer the opportunity for long-term growth of capital. The portfolio managers exercise a flexible strategy in the selection of investments, not limited by investment style or asset class. It may invest without limit in the common stock of U.S. and foreign issuers of all sizes and in other U.S. and foreign securities. The fund may also borrow money for investment purposes, in amounts up to 10% of the fund's net assets measured as of the time of the borrowing, which is a practice known as leveraging.


LMOFX - Performance

Return Ranking - Trailing

Period LMOFX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -70.7% 32.5% 95.08%
1 Yr 39.8% 8.6% 74.5% 60.62%
3 Yr 13.2%* -1.8% 23.4% 32.63%
5 Yr 19.3%* 3.0% 19.8% 3.15%
10 Yr 18.5%* 6.2% 18.8% 1.07%

* Annualized

Return Ranking - Calendar

Period LMOFX Return Category Return Low Category Return High Rank in Category (%)
2020 38.5% -21.4% 2510.2% 1.79%
2019 33.8% -10.1% 37.5% 1.08%
2018 -9.8% -77.7% -0.9% 9.22%
2017 N/A -62.4% 26.9% N/A
2016 N/A -4.7% 39.8% N/A

Total Return Ranking - Trailing

Period LMOFX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -71.0% 32.5% 94.85%
1 Yr 39.8% 8.6% 102.7% 54.42%
3 Yr 13.2%* -4.4% 28.6% 29.78%
5 Yr 19.3%* 3.0% 21.1% 2.62%
10 Yr 18.5%* 6.2% 18.8% 0.71%

* Annualized

Total Return Ranking - Calendar

Period LMOFX Return Category Return Low Category Return High Rank in Category (%)
2020 38.5% -21.4% 2510.2% 1.79%
2019 33.8% -10.1% 37.5% 1.08%
2018 -9.8% -44.3% 0.1% 17.32%
2017 N/A -62.4% 26.9% N/A
2016 N/A -4.7% 39.8% N/A

NAV & Total Return History


LMOFX - Holdings

Concentration Analysis

LMOFX Category Low Category High LMOFX % Rank
Net Assets 2.55 B 285 K 161 B 13.77%
Number of Holdings 53 1 2127 71.90%
Net Assets in Top 10 992 M 1.64 K 11.6 B 6.86%
Weighting of Top 10 32.72% 2.4% 100.0% 27.72%

Top 10 Holdings

  1. Uber Tec Cll Opt 1/22 32 5.20%
  2. Uber Tec Cll Opt 1/22 32 5.20%
  3. Uber Tec Cll Opt 1/22 32 5.20%
  4. Uber Tec Cll Opt 1/22 32 5.20%
  5. Uber Tec Cll Opt 1/22 32 5.20%
  6. Uber Tec Cll Opt 1/22 32 5.20%
  7. Uber Tec Cll Opt 1/22 32 5.20%
  8. Uber Tec Cll Opt 1/22 32 5.20%
  9. Uber Tec Cll Opt 1/22 32 5.20%
  10. Uber Tec Cll Opt 1/22 32 5.20%

Asset Allocation

Weighting Return Low Return High LMOFX % Rank
Stocks
98.99% 54.12% 101.62% 61.50%
Other
1.47% -2.30% 15.55% 3.10%
Preferred Stocks
0.00% 0.00% 11.74% 9.29%
Convertible Bonds
0.00% 0.00% 3.15% 6.64%
Bonds
0.00% 0.00% 27.23% 10.18%
Cash
-0.46% -1.62% 43.24% 98.89%

Stock Sector Breakdown

Weighting Return Low Return High LMOFX % Rank
Consumer Cyclical
29.89% 0.00% 65.88% 2.65%
Financial Services
15.91% 0.00% 44.63% 25.88%
Healthcare
15.73% 0.00% 30.58% 10.84%
Technology
13.64% 0.00% 45.48% 75.66%
Industrials
9.41% 0.00% 43.65% 88.27%
Communication Services
7.76% 0.00% 32.02% 12.17%
Energy
6.21% 0.00% 47.39% 5.09%
Basic Materials
1.45% 0.00% 26.18% 90.71%
Utilities
0.00% 0.00% 16.08% 78.76%
Real Estate
0.00% 0.00% 17.70% 86.95%
Consumer Defense
0.00% 0.00% 36.74% 92.26%

Stock Geographic Breakdown

Weighting Return Low Return High LMOFX % Rank
US
85.90% 9.37% 100.00% 91.15%
Non US
13.09% 0.00% 75.76% 3.32%

LMOFX - Expenses

Operational Fees

LMOFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.03% 8.45% 19.02%
Management Fee 0.77% 0.00% 1.69% 79.66%
12b-1 Fee 0.25% 0.00% 1.00% 28.72%
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

LMOFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

LMOFX 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.

LMOFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 64.00% 4.00% 453.00% 61.40%

LMOFX - Distributions

Dividend Yield Analysis

LMOFX Category Low Category High LMOFX % Rank
Dividend Yield 0.00% 0.00% 1.46% 15.23%

Dividend Distribution Analysis

LMOFX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

LMOFX Category Low Category High LMOFX % Rank
Net Income Ratio -0.19% -1.39% 2.91% 86.88%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

LMOFX - Fund Manager Analysis

Managers

Bill Miller


Start Date

Tenure

Tenure Rank

Dec 30, 1999

21.68

21.7%

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

13.04

13.0%

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
0.02 37.7 6.38 5.04