Meritage Yield-Focus Equity Investor
Name
As ofPrice
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.
Watchlist
Vitals
YTD Return
-21.0%
1 yr return
-11.7%
3 Yr Avg Return
-4.9%
5 Yr Avg Return
-1.8%
Net Assets
$18.4 M
Holdings in Top 10
25.7%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 99.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
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.
Watchlist
MPYEX - Profile
Distributions
- YTD Total Return -21.0%
- 3 Yr Annualized Total Return -3.3%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.16%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameMeritage Yield-Focus Equity Fund
-
Fund Family NameMeritage Portfolio Management
-
Inception DateDec 23, 2013
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
MPYEX - Performance
Return Ranking - Trailing
Period | MPYEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -21.0% | -59.8% | 860.0% | 92.25% |
1 Yr | -11.7% | -66.3% | 921.3% | 84.11% |
3 Yr | -4.9%* | -38.4% | 52.4% | 75.50% |
5 Yr | -1.8%* | -40.8% | 46.9% | 69.36% |
10 Yr | N/A* | -15.8% | 38.2% | 94.55% |
* Annualized
Return Ranking - Calendar
Period | MPYEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | -58.1% | 80.6% | 41.74% |
2022 | -9.8% | -93.5% | 23.6% | 42.14% |
2021 | 9.7% | -55.3% | 69.8% | 45.32% |
2020 | 9.8% | -34.8% | 68.2% | 24.82% |
2019 | -13.0% | -50.8% | 22.5% | 79.45% |
Total Return Ranking - Trailing
Period | MPYEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -21.0% | -59.8% | 860.0% | 92.25% |
1 Yr | -11.7% | -66.3% | 921.3% | 84.11% |
3 Yr | -3.3%* | -38.4% | 122.8% | 74.73% |
5 Yr | 0.4%* | -40.8% | 65.1% | 67.48% |
10 Yr | N/A* | -15.8% | 38.2% | 89.09% |
* Annualized
Total Return Ranking - Calendar
Period | MPYEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.8% | -58.1% | 80.6% | 41.88% |
2022 | -6.7% | -64.5% | 23.6% | 36.71% |
2021 | 12.8% | -55.3% | 69.8% | 46.94% |
2020 | 13.1% | -34.8% | 70.7% | 25.71% |
2019 | -10.0% | -50.8% | 30.8% | 82.81% |
MPYEX - Holdings
Concentration Analysis
MPYEX | Category Low | Category High | MPYEX % Rank | |
---|---|---|---|---|
Net Assets | 18.4 M | 92.3 K | 102 B | 80.66% |
Number of Holdings | 60 | 1 | 1334 | 48.42% |
Net Assets in Top 10 | 4.85 M | -302 M | 25.1 B | 70.54% |
Weighting of Top 10 | 25.70% | 0.1% | 100.0% | 72.32% |
Top 10 Holdings
- CenterPoint Energy Inc 7% PRF CONVERT 01/09/2021 USD 1000 - Ser B (1/20th i 2.76%
- British American Tobacco PLC ADR 2.72%
- PPL Corp 2.69%
- Verizon Communications Inc 2.67%
- Unilever PLC ADR 2.58%
- CVS Health Corp 2.52%
- National Health Investors Inc 2.52%
- Invesco S&P 500® High Div Low Vol ETF 2.51%
- National Grid PLC ADR 2.37%
- American Electric Power Co Inc Unit 2.35%
Asset Allocation
Weighting | Return Low | Return High | MPYEX % Rank | |
---|---|---|---|---|
Stocks | 93.99% | -169.40% | 102.76% | 12.25% |
Preferred Stocks | 4.55% | 0.00% | 19.02% | 3.29% |
Cash | 1.46% | -2.83% | 1041.68% | 90.64% |
Other | 0.00% | -895.56% | 38.46% | 70.67% |
Convertible Bonds | 0.00% | 0.00% | 15.53% | 66.88% |
Bonds | 0.00% | -300.27% | 45.33% | 71.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MPYEX % Rank | |
---|---|---|---|---|
Financial Services | 22.60% | 0.00% | 100.00% | 11.55% |
Consumer Defense | 14.28% | 0.00% | 69.13% | 10.49% |
Healthcare | 13.08% | 0.00% | 100.00% | 54.45% |
Real Estate | 12.06% | 0.00% | 100.00% | 5.98% |
Industrials | 10.29% | 0.00% | 70.69% | 43.43% |
Utilities | 10.18% | 0.00% | 99.08% | 7.97% |
Energy | 5.70% | 0.00% | 100.00% | 23.24% |
Communication Services | 5.41% | 0.00% | 100.00% | 67.07% |
Technology | 5.40% | 0.00% | 99.85% | 84.86% |
Consumer Cyclical | 0.99% | 0.00% | 59.77% | 89.38% |
Basic Materials | 0.00% | 0.00% | 72.60% | 92.16% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MPYEX % Rank | |
---|---|---|---|---|
US | 77.73% | -162.68% | 83.25% | 16.94% |
Non US | 16.26% | -48.75% | 65.94% | 22.25% |
MPYEX - Expenses
Operational Fees
MPYEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.82% | 0.02% | 45.48% | 47.02% |
Management Fee | 0.75% | 0.00% | 2.94% | 41.99% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.39% |
Administrative Fee | N/A | 0.01% | 1.12% | 73.76% |
Sales Fees
MPYEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MPYEX 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.
MPYEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 99.00% | 0.00% | 496.00% | 71.82% |
MPYEX - Distributions
Dividend Yield Analysis
MPYEX | Category Low | Category High | MPYEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.31% | 58.39% |
Dividend Distribution Analysis
MPYEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
MPYEX | Category Low | Category High | MPYEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.16% | -4.31% | 8.14% | 1.68% |
Capital Gain Distribution Analysis
MPYEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2019 | $0.085 | |
Dec 27, 2018 | $0.134 | |
Sep 26, 2018 | $0.033 | |
Jun 27, 2018 | $0.093 | |
Mar 29, 2018 | $0.096 | |
Dec 28, 2017 | $0.123 | |
Sep 29, 2017 | $0.047 | |
Jun 30, 2017 | $0.093 | |
Mar 31, 2017 | $0.033 | |
Dec 28, 2016 | $0.085 | |
Sep 28, 2016 | $0.041 | |
Jun 28, 2016 | $0.079 | |
Mar 29, 2016 | $0.083 | |
Dec 28, 2015 | $0.103 | |
Sep 25, 2015 | $0.032 | |
Aug 28, 2015 | $0.047 | |
Jun 26, 2015 | $0.087 | |
Mar 27, 2015 | $0.061 | |
Sep 30, 2014 | $0.129 |