MDEPX: M.D. Sass Equity Income Plus Inv

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MDEPX M.D. Sass Equity Income Plus Inv


Profile

MDEPX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $23.6 M
  • Holdings in Top 10 47.5%

52 WEEK LOW AND HIGH

$11.48
$10.61
$11.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.59%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 71.47%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.43%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    M.D. Sass Equity Income Plus Fund
  • Fund Family Name
    MD Sass
  • Inception Date
    Jun 28, 2013
  • Shares Outstanding
    11551
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Ari Sass

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowing for investment purposes) in equity securities with a minimum market capitalization needed to be included in the Russell 1000® Large Cap Value Index. It will typically invest in the securities of large capitalization ("large-cap") companies, and medium capitalization ("mid-cap") companies.


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Categories

Performance

MDEPX - Performance

Return Ranking - Trailing

Period MDEPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -40.8% 16.4% 71.43%
1 Yr 7.3% -61.1% 69.3% 39.04%
3 Yr 1.9%* -63.2% 40.3% 37.20%
5 Yr 0.1%* -45.6% 31.8% 54.51%
10 Yr N/A* -14.2% 33.0% N/A

* Annualized

Return Ranking - Calendar

Period MDEPX Return Category Return Low Category Return High Rank in Category (%)
2019 15.4% -58.1% 80.6% 42.21%
2018 -10.3% -93.5% 23.6% 41.97%
2017 5.3% -55.3% 69.8% 56.34%
2016 2.7% -56.6% 68.2% 67.90%
2015 -8.6% -50.8% 127.1% 55.74%

Total Return Ranking - Trailing

Period MDEPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -40.8% 16.4% 71.43%
1 Yr 7.3% -61.1% 69.3% 39.19%
3 Yr 3.0%* -35.4% 40.3% 48.96%
5 Yr 2.2%* -34.5% 31.8% 53.04%
10 Yr N/A* -14.2% 33.0% N/A

* Annualized

Total Return Ranking - Calendar

Period MDEPX Return Category Return Low Category Return High Rank in Category (%)
2019 15.4% -58.1% 80.6% 42.52%
2018 -8.6% -47.9% 23.6% 49.67%
2017 7.0% -55.3% 69.8% 66.90%
2016 3.6% -56.6% 70.7% 72.57%
2015 -3.0% -50.8% 127.1% 48.72%

NAV & Total Return History


Holdings

MDEPX - Holdings

Concentration Analysis

MDEPX Category Low Category High MDEPX % Rank
Net Assets 23.6 M 440 K 107 B 83.58%
Number of Holdings 35 1 5851 80.30%
Net Assets in Top 10 11.2 M -635 M 29.5 B 69.17%
Weighting of Top 10 47.51% 0.0% 100.0% 28.64%

Top 10 Holdings

  1. Target Corp 5.81%
  2. Northern Trust Corp 5.58%
  3. Webster Financial Corp 5.40%
  4. Microsoft Corp 5.01%
  5. MetLife Inc 5.01%
  6. Pfizer Inc 4.38%
  7. Air Products & Chemicals Inc 4.28%
  8. Comcast Corp Class A 4.25%
  9. Acuity Brands Inc 3.98%
  10. Altria Group Inc 3.81%

Asset Allocation

Weighting Return Low Return High MDEPX % Rank
Stocks
76.96% -174.78% 100.76% 47.82%
Cash
23.04% -1.04% 1041.68% 44.51%
Preferred Stocks
0.00% -0.68% 24.42% 79.85%
Other
0.00% -895.56% 31.15% 73.98%
Convertible Bonds
0.00% -0.02% 17.79% 73.98%
Bonds
0.00% -0.68% 45.27% 83.46%

Stock Sector Breakdown

Weighting Return Low Return High MDEPX % Rank
Financial Services
19.26% 0.00% 100.00% 26.55%
Consumer Cyclical
15.77% 0.00% 57.06% 13.20%
Consumer Defense
11.58% 0.00% 69.28% 13.66%
Technology
9.99% 0.00% 99.85% 70.81%
Industrials
8.93% 0.00% 73.35% 63.35%
Healthcare
8.93% 0.00% 100.00% 70.03%
Basic Materials
8.39% 0.00% 51.00% 7.14%
Communication Services
5.12% 0.00% 99.45% 56.68%
Utilities
4.04% 0.00% 99.02% 26.40%
Energy
4.04% 0.00% 100.00% 54.66%
Real Estate
3.95% 0.00% 97.67% 30.28%

Stock Geographic Breakdown

Weighting Return Low Return High MDEPX % Rank
US
73.68% -173.66% 84.31% 40.15%
Non US
3.28% -48.75% 62.12% 60.30%

Expenses

MDEPX - Expenses

Operational Fees

MDEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.59% 0.04% 13.20% 50.77%
Management Fee 0.75% 0.00% 2.94% 45.20%
12b-1 Fee 0.25% 0.00% 1.00% 44.11%
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

MDEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% 26.32%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MDEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

MDEPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.47% 0.00% 531.00% 62.25%

Distributions

MDEPX - Distributions

Dividend Yield Analysis

MDEPX Category Low Category High MDEPX % Rank
Dividend Yield 0.00% 0.00% 11.47% 80.78%

Dividend Distribution Analysis

MDEPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

MDEPX Category Low Category High MDEPX % Rank
Net Income Ratio 1.43% -8.87% 8.14% 21.17%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MDEPX - Fund Manager Analysis

Managers

Ari Sass


Start Date

Tenure

Tenure Rank

Jun 28, 2013

6.51

6.5%

Prior to joining M.D. Sass in 2004, Mr. Sass was CEO and Co-Founder of Insound, LLC, a diversified niche media and marketing firm founded in 1999. Previously, he was Manager of Finance at Elektra Entertainment Group and held positions at Bear Stearns and Deloitte and Touche. B.A., Economics from the University of Michigan and M.B.A. from New York University. CFA charterholder. Mr. Sass has 15 years of investment experience.

Martin Sass


Start Date

Tenure

Tenure Rank

Jun 28, 2013

6.51

6.5%

Mr. Sass serves as Chairman, Chief Executive Officer and Chief Investment Officer of M.D. Sass, having founded the firm in 1972. Prior to founding M.D. Sass, Mr. Sass served as President of Neuwirth Management and Research Corporation, and directed the Special Situations Department of Argus Research Corp. Mr. Sass has been a professional in the investment business since 1963. He received a B.S. in Accounting from Brooklyn College of the City University of New York, and studied finance in graduate programs at New York University and City College of New York.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 41.11 8.07 6.34