Lyrical US Value Equity Institutional
- LYRIX
- Price as of: Jul 30, 2021
-
$21.53
N/A N/A
- Primary Theme
- U.S. Mid-Cap Value Equity
- Fund Company
- Lyrical
- Share Class
LYRIX - Snapshot
Vitals
- YTD Return 21.2%
- 3 Yr Annualized Return 11.5%
- 5 Yr Annualized Return 12.5%
- Net Assets $654 M
- Holdings in Top 10 45.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.99%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 30.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Value
LYRIX - Profile
Distributions
- YTD Total Return 21.2%
- 3 Yr Annualized Total Return 11.5%
- 5 Yr Annualized Total Return 12.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.73%
- Dividend Yield 0.6%
- 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 | 21.2% | -59.3% | 37.6% | 36.67% |
| 1 Yr | 69.1% | 24.7% | 102.5% | 11.09% |
| 3 Yr | 11.5%* | 0.0% | 21.9% | 37.65% |
| 5 Yr | 12.5%* | 2.1% | 20.2% | 31.54% |
| 10 Yr | N/A* | 6.1% | 13.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.8% | -49.5% | 626.7% | 8.74% |
| 2019 | 20.1% | -8.1% | 40.9% | 65.82% |
| 2018 | -26.6% | -56.9% | -2.2% | 84.46% |
| 2017 | 13.4% | -62.6% | 24.1% | 11.17% |
| 2016 | 11.2% | -14.6% | 28.1% | 75.30% |
Total Return Ranking - Trailing
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.2% | -59.1% | 38.3% | 37.10% |
| 1 Yr | 69.1% | 18.5% | 102.5% | 10.66% |
| 3 Yr | 11.5%* | 0.0% | 21.9% | 31.73% |
| 5 Yr | 12.5%* | 2.1% | 20.2% | 26.20% |
| 10 Yr | N/A* | 6.1% | 13.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.8% | -49.5% | 626.7% | 8.74% |
| 2019 | 20.1% | -8.1% | 40.9% | 65.82% |
| 2018 | -19.7% | -32.7% | -2.2% | 62.95% |
| 2017 | 21.4% | -8.7% | 26.9% | 1.43% |
| 2016 | 14.6% | -11.2% | 29.0% | 71.39% |
NAV & Total Return History
LYRIX - Holdings
Concentration Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 654 M | 5.67 M | 33.9 B | 53.92% |
| Number of Holdings | 34 | 8 | 2401 | 90.69% |
| Net Assets in Top 10 | 294 M | 2.1 K | 8.33 B | 28.74% |
| Weighting of Top 10 | 45.29% | 4.9% | 100.0% | 8.50% |
Top 10 Holdings
- United Rentals Inc 5.68%
- Dell Technologies Inc Class C 5.22%
- Ameriprise Financial Inc 4.86%
- HCA Healthcare Inc 4.84%
- Celanese Corp Class A 4.61%
- XPO Logistics Inc 4.45%
- Liberty Global PLC C 4.32%
- Centene Corp 4.27%
- eBay Inc 4.27%
- Western Digital Corp 4.26%
Asset Allocation
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.01% | 63.29% | 106.01% | 61.34% |
| Cash | 1.99% | -6.02% | 36.70% | 37.65% |
| Preferred Stocks | 0.00% | 0.00% | 6.63% | 20.45% |
| Other | 0.00% | -0.08% | 5.21% | 20.04% |
| Convertible Bonds | 0.00% | 0.00% | 0.68% | 17.81% |
| Bonds | 0.00% | 0.00% | 6.45% | 20.24% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Technology | 24.32% | 0.00% | 36.61% | 0.81% |
| Consumer Cyclical | 22.85% | 0.00% | 42.54% | 3.85% |
| Financial Services | 15.43% | 0.00% | 77.61% | 84.82% |
| Industrials | 14.51% | 0.00% | 36.62% | 59.11% |
| Healthcare | 12.47% | 0.00% | 21.91% | 10.12% |
| Communication Services | 3.51% | 0.00% | 22.12% | 39.47% |
| Energy | 3.37% | 0.00% | 36.97% | 70.45% |
| Utilities | 2.12% | 0.00% | 31.92% | 85.43% |
| Basic Materials | 1.41% | 0.00% | 20.84% | 94.53% |
| Real Estate | 0.00% | 0.00% | 38.65% | 90.08% |
| Consumer Defense | 0.00% | 0.00% | 43.55% | 96.76% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| US | 88.70% | 55.41% | 103.91% | 83.81% |
| Non US | 9.31% | 0.00% | 41.38% | 12.96% |
LYRIX - Expenses
Operational Fees
| LYRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.99% | 0.01% | 2.78% | 39.67% |
| Management Fee | 0.85% | 0.00% | 1.25% | 89.31% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.47% | 40.27% |
Sales Fees
| LYRIX 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% | 4.00% | 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 | 30.00% | 4.00% | 322.00% | 19.04% |
LYRIX - Distributions
Dividend Yield Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.63% | 0.00% | 1.54% | 24.09% |
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 | 0.73% | -1.16% | 16.95% | 74.34% |
Capital Gain Distribution Analysis
| LYRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-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
8.41
8.4%
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 |
|---|---|---|---|
| 0.08 | 34.67 | 7.67 | 10.01 |