RIVRX: Riverbridge Growth Investor

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RIVRX Riverbridge Growth Investor


Profile

RIVRX - Profile

Vitals

  • YTD Return 8.8%
  • 3 Yr Annualized Return 13.7%
  • 5 Yr Annualized Return 11.1%
  • Net Assets $146 M
  • Holdings in Top 10 33.0%

52 WEEK LOW AND HIGH

$23.98
$17.48
$24.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.34%

SALES FEES

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

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 13.7%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Riverbridge Growth Fund
  • Fund Family Name
    Riverbridge
  • Inception Date
    Dec 31, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Rick Moulton

Fund Description

Under normal circumstances, the fund invests in equity securities of companies of any size, including small- and mid-capitalization companies. Its investments in foreign securities are primarily comprised of U.S. dollar-denominated securities of foreign issuers traded in the United States and American Depositary Receipts ("ADRs"). The fund's investments in equity securities may include common stock, preferred stock and convertible securities. While it invests primarily in equity securities of U.S. issuers, the fund may invest in securities of non-U.S. issuers.


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Categories

Performance

RIVRX - Performance

Return Ranking - Trailing

Period RIVRX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -30.2% 1652.5% 7.90%
1 Yr 20.1% -69.1% 1784.2% 6.84%
3 Yr 13.7%* -46.8% 170.8% 6.77%
5 Yr 11.1%* -34.5% 15.5% 3.90%
10 Yr N/A* -15.8% 16.1% N/A

* Annualized

Return Ranking - Calendar

Period RIVRX Return Category Return Low Category Return High Rank in Category (%)
2019 28.4% -50.2% 44.9% 34.74%
2018 -3.8% -51.7% 9.2% 7.69%
2017 25.0% -21.1% 36.0% 10.68%
2016 2.1% -61.7% 40.3% 42.98%
2015 1.9% -54.0% 12.2% 5.01%

Total Return Ranking - Trailing

Period RIVRX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -30.2% 1652.5% 7.90%
1 Yr 20.1% -69.1% 1784.2% 6.84%
3 Yr 13.7%* -42.6% 170.8% 13.53%
5 Yr 11.1%* -27.8% 17.5% 9.96%
10 Yr N/A* -10.6% 17.0% N/A

* Annualized

Total Return Ranking - Calendar

Period RIVRX Return Category Return Low Category Return High Rank in Category (%)
2019 28.4% -50.2% 44.9% 34.74%
2018 -3.8% -51.7% 12.2% 17.77%
2017 25.0% -7.0% 39.4% 36.12%
2016 2.1% -61.7% 40.3% 68.13%
2015 1.9% -54.0% 12.2% 24.40%

NAV & Total Return History


Holdings

RIVRX - Holdings

Concentration Analysis

RIVRX Category Low Category High RIVRX % Rank
Net Assets 146 M 700 K 29.5 B 77.47%
Number of Holdings 50 16 2519 83.11%
Net Assets in Top 10 45.3 M 173 K 5.98 B 73.72%
Weighting of Top 10 33.03% 6.8% 89.2% 20.99%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High RIVRX % Rank
Stocks
97.18% 82.66% 100.31% 62.63%
Cash
2.79% -2.13% 17.34% 35.32%
Other
0.04% -14.45% 3.40% 14.68%
Preferred Stocks
0.00% 0.00% 1.84% 75.09%
Convertible Bonds
0.00% 0.00% 0.25% 74.06%
Bonds
0.00% 0.00% 2.30% 74.23%

Stock Sector Breakdown

Weighting Return Low Return High RIVRX % Rank
Technology
34.39% 0.00% 56.27% 21.50%
Healthcare
20.34% 0.00% 40.45% 36.18%
Industrials
16.62% 0.00% 31.98% 42.83%
Consumer Cyclical
10.78% 0.11% 54.76% 68.77%
Real Estate
4.46% 0.00% 20.39% 40.78%
Basic Materials
4.10% 0.00% 18.18% 10.41%
Communication Services
3.64% 0.00% 26.42% 50.85%
Consumer Defense
2.92% 0.00% 16.95% 55.29%
Financial Services
2.76% 0.00% 41.91% 86.18%
Utilities
0.00% 0.00% 7.38% 79.18%
Energy
0.00% 0.00% 39.70% 84.98%

Stock Geographic Breakdown

Weighting Return Low Return High RIVRX % Rank
US
92.37% 80.47% 99.99% 59.39%
Non US
4.81% 0.00% 16.25% 38.74%

Expenses

RIVRX - Expenses

Operational Fees

RIVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.05% 27.43% 36.67%
Management Fee 0.75% 0.00% 1.50% 56.92%
12b-1 Fee 0.25% 0.00% 1.00% 52.48%
Administrative Fee N/A 0.01% 0.40% 58.07%

Sales Fees

RIVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RIVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 88.46%

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.

RIVRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 1.93% 385.00% 10.82%

Distributions

RIVRX - Distributions

Dividend Yield Analysis

RIVRX Category Low Category High RIVRX % Rank
Dividend Yield 0.00% 0.00% 44.69% 74.06%

Dividend Distribution Analysis

RIVRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

RIVRX Category Low Category High RIVRX % Rank
Net Income Ratio -0.46% -2.56% 1.52% 61.35%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RIVRX - Fund Manager Analysis

Managers

Rick Moulton


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.33

7.3%

Rick Moulton joined Riverbridge Partners in 1991. As a member of the Investment Team, Rick is responsible for portfolio management and security selection. He is a member of the Management Committee, which is responsible for the strategic decision making and overall management of the firm. Rick also is responsible for client servicing and marketing efforts of the firm. Rick has over 20 years of experience in the financial services industry. Prior to joining Riverbridge Partners, he worked for Dain Bosworth, Inc. as an IRA/Margin generalist. Rick earned his Bachelor of Science in Business degree in Finance from the University of Minnesota Carlson School of Management. Rick is a holder of the right to use the Chartered Financial Analyst® designation. He is a member of the CFA Institute and the CFA Society of Minnesota. As a sports enthusiast, Rick enjoys cheering on his “beloved” Minnesota Vikings.

Mark Thompson


Start Date

Tenure

Tenure Rank

Dec 31, 2012

7.33

7.3%

Mark Thompson co-founded Riverbridge in 1987 to pursue his passionate belief in long-term investing. As Chief Manager, Mark is responsible for the strategic decision making and overall management of the firm. He is also Chairman of the Riverbridge Board of Governors. Mark serves as the Chief Investment Officer, where he is responsible for coordinating the efforts of the Investment Team and overall portfolio compliance to Riverbridge investment disciplines. Prior to founding Riverbridge, Mark spent several years at IDS Financial Corp. where he performed investment research and was an associate portfolio manager of the IDS New Dimensions Fund. Mark earned his Bachelor of Science in Business degree in Finance from the University of Minnesota Carlson School of Management and is a member of the CFA Institute and the CFA Society of Minnesota. Mark is also a member of the Board of Directors of Wiland Direct, Inc., TreeHouse, Opportunity International Nicaragua, and Pulse Outreach, as well as a Trustee of the LoCorr mutual funds and the Board of Investment – Converge Retirement Fund.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.35 8.11 3.17