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Trending ETFs

Name

As of 10/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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Vitals

YTD Return

12.1%

1 yr return

26.3%

3 Yr Avg Return

-0.8%

5 Yr Avg Return

6.8%

Net Assets

$13.3 M

Holdings in Top 10

72.1%

52 WEEK LOW AND HIGH

$8.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.75%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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MHELX - Profile

Distributions

  • YTD Total Return 12.1%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Mh Elite Portfolio Of Funds Inc - MH Elite Sml Cap Fd of Fnds USD
  • Fund Family Name
    MH Elite
  • Inception Date
    Apr 16, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Harvey Merson

Fund Description

MH Elite Small Cap Fund of Funds seeks to achieve its investment objective by investing at least 80% of its total assets in 12 to 25 unaffiliated open-end mutual funds (underlying funds) which in turn, invest principally (i.e. at least 80% of their total assets) in common stocks of small and micro-capitalization companies. The Fund’s adviser currently considers small and micro-capitalization companies to be those with a market capitalization (a company’s stock price multiplied by the total number of shares outstanding) that falls within the range of the Russell 2000 index. The market capitalization of the Russell 2000 index as of December 31, 2021 ranged from $32.0 million to $14.0 billion with a weighted average market capitalization of $3.5 billion. The underlying funds may also purchase other types of equity securities, in addition to common stocks, such as preferred stocks and convertible securities. Equity securities are securities that represent an ownership interest (or the right to acquire such an interest) in a company. Underlying funds will be purchased at their net asset value without sales charges, upfront or deferred, and have a maximum limit on 12b-1 fees of .25%. Whenever possible, the Fund will invest in institutional or adviser share classes to help reduce the costs associated with investing in the underlying funds. The investment objective of each of the underlying funds will be, consistent with the investment objective of the Fund, long-term capital appreciation.

The majority of holdings of the underlying funds are intended to represent primarily U.S. based small companies. Although the underlying funds will normally focus on the securities of U.S. companies, they may invest in foreign securities. An underlying fund may use derivatives such as options and futures contracts as a substitute for investing directly in equity securities. The Fund will generally invest in a mix of fund styles identified as value, blend or growth funds. Depending on economic and market conditions, the Fund may be weighted more to one particular investment style.

The Fund may sell an underlying fund if the Adviser believes it no longer contributes to the attainment of the Fund’s investment objective. Factors that could contribute to an underlying fund being sold include disappointing performance, style drift, a change in the underlying fund’s portfolio manager or if exposure to foreign securities exceeds 30% of the underlying fund’s holdings.

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MHELX - Performance

Return Ranking - Trailing

Period MHELX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 7.8% 18.1% 78.92%
1 Yr 26.3% 11.1% 40.4% 36.76%
3 Yr -0.8%* -10.0% 6.2% 93.44%
5 Yr 6.8%* 1.1% 13.6% 92.12%
10 Yr 6.2%* 0.9% 12.3% 91.13%

* Annualized

Return Ranking - Calendar

Period MHELX Return Category Return Low Category Return High Rank in Category (%)
2023 15.0% -6.6% 33.6% 60.00%
2022 -28.8% -44.4% -9.8% 74.32%
2021 8.1% -24.1% 18.9% 63.58%
2020 16.8% -10.9% 60.4% 24.85%
2019 14.2% 5.9% 36.4% 76.43%

Total Return Ranking - Trailing

Period MHELX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.1% 7.8% 18.1% 78.92%
1 Yr 26.3% 11.1% 40.4% 36.76%
3 Yr -0.8%* -10.0% 6.2% 93.44%
5 Yr 6.8%* 1.1% 13.6% 92.12%
10 Yr 6.2%* 0.9% 12.3% 91.13%

* Annualized

Total Return Ranking - Calendar

Period MHELX Return Category Return Low Category Return High Rank in Category (%)
2023 15.0% 1.4% 34.9% 86.49%
2022 -20.4% -43.2% -3.8% 74.32%
2021 8.1% -24.1% 26.7% 95.95%
2020 20.6% -5.3% 62.8% 25.45%
2019 22.4% 12.4% 52.6% 86.62%

NAV & Total Return History


MHELX - Holdings

Concentration Analysis

MHELX Category Low Category High MHELX % Rank
Net Assets 13.3 M 13.3 M 126 B 100.00%
Number of Holdings 18 5 8215 55.14%
Net Assets in Top 10 7.47 M 7.47 M 27.1 B 100.00%
Weighting of Top 10 72.15% 21.5% 106.4% 72.43%

Top 10 Holdings

  1. Oberweis Micro-Cap 9.32%
  2. Schwab Fundamental US Small Company Index 8.34%
  3. Congress Small Cap Growth Institutional Class 8.30%
  4. Paradigm Micro Cap 7.55%
  5. Natixis Vaughan Nelson Small Cap Value Class Y 7.32%
  6. Hennessy Cornerstone Mid Cap 30 Fund Class I 7.00%
  7. Vanguard Small Cap Value Index Adm Class 6.87%
  8. Thrivent Small Cap Stock Class S 6.02%
  9. Aegis Value Class I 6.01%
  10. Fuller Thaler Behavioral Sm-Cp Class I 5.43%

Asset Allocation

Weighting Return Low Return High MHELX % Rank
Stocks
97.37% 0.00% 100.03% 68.65%
Cash
2.63% 0.00% 34.87% 18.38%
Convertible Bonds
0.14% 0.00% 3.88% 26.49%
Preferred Stocks
0.00% 0.00% 10.07% 68.65%
Other
0.00% -48.65% 10.21% 63.78%
Bonds
0.00% 0.00% 161.60% 71.35%

Stock Sector Breakdown

Weighting Return Low Return High MHELX % Rank
Technology
20.97% 1.75% 32.38% 38.04%
Industrials
14.87% 1.80% 14.87% 0.54%
Financial Services
12.83% 9.56% 42.24% 82.61%
Consumer Cyclical
11.60% 1.15% 24.72% 36.96%
Healthcare
11.53% 2.06% 19.02% 88.59%
Basic Materials
8.40% 0.00% 8.62% 1.09%
Energy
6.29% 0.00% 31.98% 8.70%
Real Estate
5.53% 0.00% 28.04% 17.93%
Consumer Defense
3.33% 0.47% 14.80% 95.11%
Communication Services
2.48% 1.90% 13.69% 98.37%
Utilities
2.16% 0.00% 15.29% 69.02%

Stock Geographic Breakdown

Weighting Return Low Return High MHELX % Rank
US
97.37% 0.00% 100.03% 67.03%
Non US
0.00% 0.00% 32.25% 67.03%

MHELX - Expenses

Operational Fees

MHELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.07% 0.23% 3.92% 7.03%
Management Fee 1.00% 0.00% 1.30% 97.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.28% 94.74%

Sales Fees

MHELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MHELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

MHELX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.75% 0.18% 300.02% 34.30%

MHELX - Distributions

Dividend Yield Analysis

MHELX Category Low Category High MHELX % Rank
Dividend Yield 0.00% 0.00% 8.81% 95.14%

Dividend Distribution Analysis

MHELX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

MHELX Category Low Category High MHELX % Rank
Net Income Ratio 0.59% -0.65% 5.31% 49.45%

Capital Gain Distribution Analysis

MHELX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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MHELX - Fund Manager Analysis

Managers

Harvey Merson


Start Date

Tenure

Tenure Rank

Sep 01, 1998

23.76

23.8%

Mr. Harvey Merson is the co-owner and Officer of MH Investment Management, Inc. Mr. Merson is a graduate of Rider College with a Bachelor of Science degree in Business Administration. He is also registered with the U. S. Securities and Exchange Commission as a Registered Investment Adviser. Mr. Merson has been assisting individuals with the purchasing, monitoring, and sale of mutual funds for the last 33 years. Refer to the Statement of Additional Information (SAI) for additional information about the Portfolio Manager’s compensation, other accounts managed by the Portfolio Manager and the Portfolio Manager’s ownership of securities in the Fund(s). Mr. Merson also serves as the Chief Compliance Officer, President and Secretary of MH Elite Portfolio of Funds Trust.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.19 26.6 6.51 2.41