Mh Elite Portfolio Of Funds Inc - MH Elite Sml Cap Fd of Fnds USD
Name
As of 10/31/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.56
$13.3 M
0.00%
2.07%
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
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 10/31/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.56
$13.3 M
0.00%
2.07%
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%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMh Elite Portfolio Of Funds Inc - MH Elite Sml Cap Fd of Fnds USD
-
Fund Family NameMH Elite
-
Inception DateApr 16, 2001
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHarvey 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.
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
- Oberweis Micro-Cap 9.32%
- Schwab Fundamental US Small Company Index 8.34%
- Congress Small Cap Growth Institutional Class 8.30%
- Paradigm Micro Cap 7.55%
- Natixis Vaughan Nelson Small Cap Value Class Y 7.32%
- Hennessy Cornerstone Mid Cap 30 Fund Class I 7.00%
- Vanguard Small Cap Value Index Adm Class 6.87%
- Thrivent Small Cap Stock Class S 6.02%
- Aegis Value Class I 6.01%
- 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
Date | Amount | Type |
---|---|---|
Jan 10, 2024 | $0.190 | CapitalGainLongTerm |
Jan 11, 2022 | $0.056 | OrdinaryDividend |
Jan 11, 2022 | $0.370 | CapitalGainShortTerm |
Jan 11, 2022 | $0.558 | CapitalGainLongTerm |
Jan 09, 2020 | $0.043 | CapitalGainShortTerm |
Jan 09, 2020 | $0.196 | CapitalGainLongTerm |
Jan 09, 2019 | $0.464 | CapitalGainLongTerm |
Jan 09, 2018 | $0.190 | CapitalGainLongTerm |
Jan 11, 2017 | $0.393 | CapitalGainLongTerm |
Jan 08, 2016 | $0.394 | CapitalGainLongTerm |
Jan 12, 2015 | $0.014 | CapitalGainShortTerm |
Jan 12, 2015 | $0.443 | CapitalGainLongTerm |
Jan 09, 2014 | $0.122 | CapitalGainShortTerm |
Jan 09, 2014 | $0.951 | CapitalGainLongTerm |
Jan 09, 2013 | $0.101 | CapitalGainLongTerm |
Jan 02, 2008 | $0.809 | CapitalGainLongTerm |
Jan 03, 2007 | $0.179 | CapitalGainShortTerm |
Jan 03, 2007 | $0.720 | CapitalGainLongTerm |
Jan 03, 2006 | $0.710 | OrdinaryDividend |
Jan 03, 2005 | $0.780 | OrdinaryDividend |
Jan 01, 2001 | $0.320 | OrdinaryDividend |
Jan 03, 2000 | $0.100 | OrdinaryDividend |
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 |