SGDLX: Sprott Gold Equity Fund - MutualFunds.com

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Sprott Gold Equity Investor

SGDLX - Snapshot

Vitals

  • YTD Return 34.3%
  • 3 Yr Annualized Return 14.3%
  • 5 Yr Annualized Return 17.4%
  • Net Assets $1.26 B
  • Holdings in Top 10 44.2%

52 WEEK LOW AND HIGH

$56.22
$28.96
$61.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.47%

SALES FEES

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

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare SGDLX to Popular Precious Metals Industry Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$38.82

-0.94%

$17.01 B

0.49%

$0.19

32.58%

0.52%

$56.44

-1.19%

$6.18 B

0.29%

$0.16

33.55%

0.53%

$32.11

-0.74%

$2.50 B

0.00%

$0.00

31.71%

0.79%

$26.74

-0.37%

$2.50 B

0.00%

$0.00

35.67%

1.29%

$29.26

-1.35%

$2.33 B

0.20%

$0.06

39.93%

1.20%

SGDLX - Profile

Distributions

  • YTD Total Return 34.3%
  • 3 Yr Annualized Total Return 14.3%
  • 5 Yr Annualized Total Return 17.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Sprott Gold Equity Fund
  • Fund Family Name
    Sprott
  • Inception Date
    Jun 29, 1998
  • Shares Outstanding
    18152636
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Hathaway

Fund Description

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in securities of companies located throughout the world, in both developed and emerging markets, that are primarily engaged in mining or processing gold (“Gold Related Securities”). It may also invest in gold bullion and other precious metals, i.e., silver and platinum (“Other Precious Metals”). However, no more than 20% of the fund's total assets may be invested directly in gold bullion and other precious metals. The fund is non-diversified.


SGDLX - Performance

Return Ranking - Trailing

Period SGDLX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.3% -4.7% 207.0% 59.70%
1 Yr 47.6% 2.5% 71.8% 71.64%
3 Yr 14.3%* -16.3% 27.4% 89.55%
5 Yr 17.4%* 1.5% 27.4% 94.03%
10 Yr -2.8%* -9.5% 1.0% 63.16%

* Annualized

Return Ranking - Calendar

Period SGDLX Return Category Return Low Category Return High Rank in Category (%)
2019 35.2% -1.0% 54.7% 73.02%
2018 -16.4% -54.9% -7.2% 63.33%
2017 8.9% -26.1% 76.9% 38.98%
2016 40.4% 24.1% 212.6% 66.10%
2015 -24.9% -46.8% 99.9% 67.24%

Total Return Ranking - Trailing

Period SGDLX Return Category Return Low Category Return High Rank in Category (%)
YTD 34.3% -4.7% 48.9% 58.21%
1 Yr 47.6% 2.5% 71.8% 65.67%
3 Yr 14.3%* -16.3% 27.4% 86.57%
5 Yr 17.4%* 1.5% 27.4% 92.54%
10 Yr -2.8%* -9.5% 1.0% 57.89%

* Annualized

Total Return Ranking - Calendar

Period SGDLX Return Category Return Low Category Return High Rank in Category (%)
2019 35.2% -1.0% 54.7% 73.02%
2018 -16.4% -54.9% -7.2% 63.33%
2017 8.9% -26.1% 76.9% 52.54%
2016 40.4% 26.0% 137.3% 86.44%
2015 -24.9% -46.8% -5.2% 65.52%

NAV & Total Return History


SGDLX - Holdings

Concentration Analysis

SGDLX Category Low Category High SGDLX % Rank
Net Assets 1.26 B 20.4 M 17 B 40.30%
Number of Holdings 63 24 227 43.28%
Net Assets in Top 10 558 M 15.9 M 10.3 B 41.79%
Weighting of Top 10 44.18% 37.0% 77.8% 79.10%

Top 10 Holdings

  1. Gold Bullion 13.11%
  2. Gold Bullion 13.11%
  3. Gold Bullion 13.11%
  4. Gold Bullion 13.11%
  5. Gold Bullion 13.11%
  6. Gold Bullion 13.11%
  7. Gold Bullion 13.11%
  8. Gold Bullion 13.11%
  9. Gold Bullion 13.11%
  10. Gold Bullion 13.11%

Asset Allocation

Weighting Return Low Return High SGDLX % Rank
Stocks
82.77% 61.59% 100.05% 89.55%
Other
13.14% -5.51% 20.97% 13.43%
Cash
4.10% -0.05% 17.45% 25.37%
Preferred Stocks
0.00% 0.00% 0.00% 79.10%
Convertible Bonds
0.00% 0.00% 0.18% 79.10%
Bonds
0.00% 0.00% 0.78% 79.10%

Stock Sector Breakdown

Weighting Return Low Return High SGDLX % Rank
Basic Materials
100.00% 96.77% 100.00% 68.66%
Utilities
0.00% 0.00% 0.00% 79.10%
Technology
0.00% 0.00% 0.02% 79.10%
Real Estate
0.00% 0.00% 0.11% 79.10%
Industrials
0.00% 0.00% 3.23% 80.60%
Healthcare
0.00% 0.00% 0.00% 79.10%
Financial Services
0.00% 0.00% 0.24% 79.10%
Energy
0.00% 0.00% 0.00% 79.10%
Communication Services
0.00% 0.00% 0.00% 79.10%
Consumer Defense
0.00% 0.00% 0.00% 79.10%
Consumer Cyclical
0.00% 0.00% 2.78% 79.10%

Stock Geographic Breakdown

Weighting Return Low Return High SGDLX % Rank
Non US
74.94% 50.75% 97.05% 89.55%
US
7.83% 2.81% 20.11% 79.10%

SGDLX - Expenses

Operational Fees

SGDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% 0.39% 4.32% 32.84%
Management Fee 0.88% 0.35% 1.00% 89.55%
12b-1 Fee 0.25% 0.00% 1.00% 54.05%
Administrative Fee 0.15% 0.10% 0.25% 81.82%

Sales Fees

SGDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SGDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 55.56%

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.

SGDLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 12.00% 277.00% 2.99%

SGDLX - Distributions

Dividend Yield Analysis

SGDLX Category Low Category High SGDLX % Rank
Dividend Yield 0.00% 0.00% 1.56% 83.58%

Dividend Distribution Analysis

SGDLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

SGDLX Category Low Category High SGDLX % Rank
Net Income Ratio -0.94% -2.41% 5.05% 88.06%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

SGDLX - Fund Manager Analysis

Managers

John Hathaway


Start Date

Tenure

Tenure Rank

Jun 29, 1998

22.27

22.3%

John Hathaway, CFA, is a Senior Portfolio Manager at Tocqueville Asset Management L.P. Mr. Hathaway joined Tocqueville in 1997 where he is a co‐portfolio manager of the Tocqueville Gold Fund as well as other investment vehicles in the Gold Equity strategy. He is also the portfolio manager of private funds. Prior to joining Tocqueville, Mr. Hathaway co‐founded and managed Hudson Capital Advisors followed by seven years with Oak Hall Advisors as the Chief Investment Officer in 1986. In 1976, he joined the investment advisory firm David J. Greene and Company, where he became a Partner. Mr. Hathaway began his career in 1970 as an Equity Analyst with Spencer Trask & Co. Mr. Hathaway earned a B.A. from Harvard College and an M.B.A. from the University of Virginia. Mr. Hathaway is also the Chairman of Tocqueville Management Corporation, the General Partner of Tocqueville. He also holds the CFA designation.

Douglas Groh


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.75

8.8%

Douglas B. Groh is a Portfolio Manager at Tocqueville Asset Management L.P. He joined Tocqueville in 2003. Prior to joining Tocqueville, Mr. Groh was Director of Investment Research at Grove Capital from 2001 to 2003 and from 1990 to 2001 held investment research and banking positions at J.P. Morgan, Merrill Lynch and ING Bank. Mr. Groh began his career as a mining and precious metals analyst in 1985 at U.S. Global Investors. Mr. Groh earned a B.S. in Geology and Geophysics from the University of Wisconsin-Madison and an M.A. from the University of Texas at Austin, where he focused on mineral economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 32.68 9.52 4.59