Lyrical US Value Equity Institutional
- LYRIX
- Price as of: Mar 01, 2021
-
$19.15
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Lyrical
- Share Class
LYRIX - Snapshot
Vitals
- YTD Return 11.1%
- 3 Yr Annualized Return 1.0%
- 5 Yr Annualized Return 10.0%
- Net Assets $368 M
- Holdings in Top 10 45.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.25%
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. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
LYRIX - Profile
Distributions
- YTD Total Return 11.1%
- 3 Yr Annualized Total Return 1.0%
- 5 Yr Annualized Total Return 10.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.73%
- 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 | 11.1% | -28.7% | 33.6% | 9.18% |
| 1 Yr | 12.4% | -19.9% | 53.7% | 8.48% |
| 3 Yr | 1.0%* | -5.8% | 14.8% | 87.62% |
| 5 Yr | 10.0%* | 0.3% | 18.8% | 56.90% |
| 10 Yr | N/A* | -0.6% | 14.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.8% | -26.7% | 285.0% | 6.03% |
| 2019 | 20.1% | -32.1% | 76.3% | 40.92% |
| 2018 | -26.6% | -62.4% | 16.7% | 94.83% |
| 2017 | 13.4% | -72.0% | 37.9% | 20.83% |
| 2016 | 11.2% | -61.4% | 31.0% | 39.66% |
Total Return Ranking - Trailing
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.1% | -28.7% | 33.6% | 9.18% |
| 1 Yr | 12.4% | -19.9% | 53.7% | 7.51% |
| 3 Yr | 1.0%* | -5.8% | 14.8% | 84.87% |
| 5 Yr | 10.0%* | -0.1% | 18.8% | 53.20% |
| 10 Yr | N/A* | -0.8% | 14.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | LYRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.8% | -26.7% | 285.0% | 6.03% |
| 2019 | 20.1% | -32.1% | 76.3% | 41.01% |
| 2018 | -19.7% | -37.1% | 18.2% | 86.44% |
| 2017 | 21.4% | -9.5% | 37.9% | 3.55% |
| 2016 | 14.6% | -27.9% | 32.2% | 35.90% |
NAV & Total Return History
LYRIX - Holdings
Concentration Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 368 M | 390 K | 97.3 B | 60.84% |
| Number of Holdings | 35 | 1 | 1626 | 92.74% |
| Net Assets in Top 10 | 164 M | 75.2 K | 23.3 B | 54.98% |
| Weighting of Top 10 | 45.84% | 5.5% | 100.0% | 6.59% |
Top 10 Holdings
- United Rentals Inc 5.27%
- Dell Technologies Inc Class C 4.94%
- Broadcom Inc 4.82%
- XPO Logistics Inc 4.76%
- HCA Healthcare Inc 4.62%
- Celanese Corp Class A 4.61%
- Ameriprise Financial Inc 4.47%
- Crown Holdings Inc 4.38%
- Liberty Global PLC C 4.32%
- Whirlpool Corp 3.99%
Asset Allocation
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.03% | 51.79% | 149.32% | 38.01% |
| Cash | 0.96% | -49.33% | 21.62% | 56.77% |
| Preferred Stocks | 0.00% | 0.00% | 18.34% | 13.21% |
| Other | 0.00% | -9.61% | 26.80% | 8.40% |
| Convertible Bonds | 0.00% | 0.00% | 7.12% | 7.67% |
| Bonds | 0.00% | 0.00% | 37.98% | 10.36% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| Technology | 23.65% | 0.00% | 54.02% | 5.00% |
| Industrials | 18.47% | 0.00% | 46.09% | 5.66% |
| Consumer Cyclical | 16.52% | 0.00% | 29.88% | 3.52% |
| Financial Services | 14.21% | 0.00% | 56.85% | 83.44% |
| Healthcare | 8.67% | 0.00% | 30.01% | 95.00% |
| Basic Materials | 7.26% | 0.00% | 25.37% | 7.46% |
| Energy | 4.80% | 0.00% | 28.07% | 37.70% |
| Communication Services | 3.47% | 0.00% | 22.26% | 89.10% |
| Utilities | 2.96% | 0.00% | 26.32% | 73.28% |
| Real Estate | 0.00% | 0.00% | 92.89% | 84.75% |
| Consumer Defense | 0.00% | 0.00% | 30.04% | 98.85% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LYRIX % Rank | |
|---|---|---|---|---|
| US | 90.02% | 26.40% | 147.66% | 70.96% |
| Non US | 9.01% | -0.05% | 48.05% | 20.39% |
LYRIX - Expenses
Operational Fees
| LYRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.25% | 0.01% | 15.68% | 30.30% |
| Management Fee | 0.85% | 0.00% | 1.50% | 92.26% |
| 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 | 30.00% | 0.00% | 481.00% | 29.62% |
LYRIX - Distributions
Dividend Yield Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.08% | 11.21% |
Dividend Distribution Analysis
| LYRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| LYRIX | Category Low | Category High | LYRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.73% | -3.83% | 5.26% | 94.15% |
Capital Gain Distribution Analysis
| LYRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | 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
7.99
8.0%
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 | 85.26 | 6.87 | 5.38 |