Lyrical US Value Equity Institutional
- LYRIX
- Price as of: Nov 27, 2020
-
$17.07
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Lyrical
- Share Class
LYRIX - Snapshot
Vitals
- YTD Return 4.0%
- 3 Yr Annualized Return -4.2%
- 5 Yr Annualized Return 2.7%
- Net Assets $290 M
- Holdings in Top 10 48.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.41%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 33.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
LYRIX - Profile
Distributions
- YTD Total Return 4.0%
- 3 Yr Annualized Total Return -4.2%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.36%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameLyrical U.S. Value Equity Fund
-
Fund Family NameLyrical
-
Inception DateFeb 04, 2013
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Wellington
Fund Description
The fund invests principally in a diversified portfolio of common stock of mid-capitalization and large-capitalization companies with low valuations relative to their long-term normalized earnings. It normally invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in common stocks traded on a United States securities exchange.
LYRIX - Performance
Return Ranking - Trailing
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.0% | -30.9% | 282.4% | 12.45% |
| 1 Yr | -6.2% | -33.9% | 15.5% | 36.48% |
| 3 Yr | -4.2%* | -10.3% | 11.0% | 97.00% |
| 5 Yr | 2.7%* | -4.4% | 13.6% | 92.17% |
| 10 Yr | N/A* | -1.9% | 11.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.1% | -32.1% | 76.3% | 40.64% |
| 2018 | -26.6% | -62.4% | 16.7% | 94.58% |
| 2017 | 13.4% | -72.0% | 37.9% | 20.82% |
| 2016 | 11.2% | -61.4% | 31.0% | 40.18% |
| 2015 | -8.9% | -47.3% | 4.6% | 50.83% |
Total Return Ranking - Trailing
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.0% | -30.9% | 282.4% | 12.45% |
| 1 Yr | -6.2% | -33.9% | 15.5% | 30.93% |
| 3 Yr | -4.2%* | -11.2% | 11.0% | 95.88% |
| 5 Yr | 2.7%* | -4.8% | 13.6% | 89.71% |
| 10 Yr | N/A* | -2.1% | 11.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 20.1% | -32.1% | 76.3% | 40.72% |
| 2018 | -19.7% | -37.1% | 17.4% | 86.68% |
| 2017 | 21.4% | -9.5% | 37.9% | 3.53% |
| 2016 | 14.6% | -27.9% | 32.2% | 36.13% |
| 2015 | -6.4% | -28.9% | 4.6% | 66.07% |
NAV & Total Return History
LYRIX - Holdings
Concentration Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 290 M | 390 K | 81.4 B | 64.76% |
| Number of Holdings | 35 | 1 | 1638 | 91.73% |
| Net Assets in Top 10 | 141 M | 68.9 K | 20.4 B | 53.60% |
| Weighting of Top 10 | 48.68% | 2.8% | 100.0% | 5.13% |
Top 10 Holdings
- Dell Technologies Inc Class C 5.84%
- Whirlpool Corp 5.20%
- Broadcom Inc 5.12%
- United Rentals Inc 5.08%
- Centene Corp 4.92%
- Celanese Corp Class A 4.87%
- Ameriprise Financial Inc 4.53%
- HCA Healthcare Inc 4.48%
- XPO Logistics Inc 4.34%
- Liberty Global PLC C 4.32%
Asset Allocation
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.08% | 10.06% | 144.64% | 39.93% |
| Cash | 0.92% | -129.21% | 89.94% | 54.83% |
| Preferred Stocks | 0.00% | 0.00% | 20.06% | 15.88% |
| Other | 0.00% | -1.17% | 90.90% | 12.11% |
| Convertible Bonds | 0.00% | 0.00% | 9.60% | 11.13% |
| Bonds | 0.00% | 0.00% | 42.12% | 14.40% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Technology | 23.57% | 0.00% | 54.02% | 5.67% |
| Consumer Cyclical | 18.16% | 0.00% | 30.11% | 2.38% |
| Industrials | 16.50% | 0.00% | 46.06% | 12.09% |
| Financial Services | 13.30% | 0.00% | 60.37% | 82.40% |
| Healthcare | 9.49% | 0.00% | 31.61% | 94.74% |
| Basic Materials | 7.62% | 0.00% | 23.70% | 5.59% |
| Energy | 4.42% | 0.00% | 23.54% | 35.69% |
| Communication Services | 3.85% | 0.00% | 23.33% | 88.90% |
| Utilities | 3.09% | 0.00% | 46.31% | 72.53% |
| Real Estate | 0.00% | 0.00% | 87.91% | 84.87% |
| Consumer Defense | 0.00% | 0.00% | 31.06% | 99.18% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| US | 90.53% | 9.63% | 143.35% | 67.02% |
| Non US | 8.55% | -0.07% | 37.07% | 24.39% |
LYRIX - Expenses
Operational Fees
| LYRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.41% | 0.01% | 19.26% | 23.71% |
| Management Fee | 0.85% | 0.00% | 1.50% | 91.99% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | 40.27% |
Sales Fees
| LYRIX 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 | 1.00% | 5.50% | N/A |
Trading Fees
| LYRIX 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.
| LYRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 0.00% | 481.00% | 38.20% |
LYRIX - Distributions
Dividend Yield Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 36.21% | 15.42% |
Dividend Distribution Analysis
| LYRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.36% | -3.83% | 5.26% | 98.09% |
Capital Gain Distribution Analysis
| LYRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 31, 2018 | $0.051 |
| Dec 29, 2017 | $0.004 |
| Dec 30, 2016 | $0.238 |
| Dec 31, 2015 | $0.038 |
| Dec 31, 2014 | $0.005 |
LYRIX - Fund Manager Analysis
Managers
Andrew Wellington
Start Date
Tenure
Tenure Rank
Feb 04, 2013
7.74
7.7%
Andrew Wellington co-founded Lyrical Asset Management and serves as the firm’s Chief Investment Officer and Strategy Architect. Mr. Wellington has been involved with active portfolio management for almost twenty years. He was a founding member of Pzena Investment Management, where he was the original equity research analyst, and later became a principal and portfolio manager. He then went on to Neuberger Berman where he became the sole portfolio manager for their institutional mid‐cap value product, growing that product from $1 billion to $3.3 billion in AUM, and earning a five-star Morningstar rating. He also was a managing director at New Mountain Capital, where he played a key role in establishing and managing the $1.2 billion New Mountain Vantage Fund, a value‐oriented, long‐only, activist hedge fund. Early in his career Mr. Wellington worked as a management consultant at Booz Allen & Hamilton and First Manhattan Consulting Group. Mr. Wellington graduated summa cum laude from the University of Pennsylvania’s Management & Technology Program, earning both a Bachelor of Science from the Wharton School and a Bachelor of Science from the School of Engineering.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 85.01 | 7.05 | 5.13 |