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Name

As of 12/23/2024

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.

Watchlist

Upright Growth & Income Fund

UPDDX | Fund

$19.95

$2.25 M

0.41%

$0.08

2.81%

Vitals

YTD Return

51.5%

1 yr return

51.6%

3 Yr Avg Return

8.2%

5 Yr Avg Return

22.3%

Net Assets

$2.25 M

Holdings in Top 10

68.6%

52 WEEK LOW AND HIGH

$19.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.68%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$2,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/23/2024

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.

Watchlist

Upright Growth & Income Fund

UPDDX | Fund

$19.95

$2.25 M

0.41%

$0.08

2.81%

UPDDX - Profile

Distributions

  • YTD Total Return 51.5%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 22.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.68%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Upright Growth & Income Fund
  • Fund Family Name
    Upright Investments Trust
  • Inception Date
    Oct 11, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Chiueh

Fund Description

The adviser seeks to achieve the Fund’s investment objective using a combination (or hybrid) of three investment styles through value investing, equity income investing and balance investing. Under normal circumstances, the Fund will:

· Invest 50-80% of the Fund’s net assets in U.S. domiciled equity securities (including exchange traded funds) broadly diversified by company and industry, including above-average dividend-paying equity securities (normally at or above S&P 500’s average dividend yield) or securities with expectations of increasing dividends.
· Invest up to 30% of the Fund’s assets in equity and fixed income securities principally traded in foreign markets excluding the U.S. market.
· Invest 10-40% of the Fund’s assets in fixed income securities (corporate bonds and notes of domestic and foreign issuers of any maturity and credit quality including below investment grade, commonly known as “junk bonds”) when market and economic conditions are deemed favorable by the Adviser.
· Invest without regard to market capitalization.
· Engage in an options trading strategy primarily to generate income. Because options may be riskier than other types of investments, the Fund’s use of options is limited to the aggregate premium, which is the total of paid and received premiums, up to no more than 15% of the Fund’s net assets (less the amount by which any such positions are in-the-money). Covered options writing (selling) is not subject to the 15% limitation.
· Make short sales of securities in an aggregate amount not greater than 25% of the Fund’s net assets. The value of the securities of any one issuer shorted by the Fund is limited to less than 3% of the securities of any class of the issuer. Short sales “against the box”, where the Fund sells short a security it already owns or owns at least an equal amount of such securities, are not subject to this 25% limitation.

The Principal Investment Selection Process

When selecting investments for the Fund, the adviser will generally base the decision on one or more valuation metrics, commonly referred to as fundamental analysis, while also taking into consideration the following factors:

· Quality of the company’s management;
· Strength of the company’s balance sheet;
· Projected growth rate of the company’s earnings in the future; and
· Relevant market, economic and political environments.

The information on which the fundamental analysis is based comes from sources such as regulatory filings, a company’s annual reports, securities information databases, investment publications, general and business publications, brokerage firm research reports, and other media information sources. The adviser will sell an investment when the adviser believes that the investment is no longer attractive based on its growth potential, price, or both. The adviser may also sell an investment if the Adviser believes that another investment offers a better opportunity for the Fund to achieve its investment objective.

Temporary Defensive Strategy

Under adverse market conditions, the Fund may invest up to 100% of its assets in cash or cash equivalents. These investments include obligations issued or guaranteed by the U.S. Government, its agencies and/or instrumentalities (“U.S. Government Securities”); high quality money market instruments such as notes, certificates of deposit or bankers acceptances; and money market funds. When the Fund invests in a money market fund, you will indirectly bear a portion of the fees charged by the other mutual fund, which could have an adverse effect on your investment. It is impossible to predict when or for how long the adviser may employ these strategies for the Fund. While engaged in a temporary defensive position, the Fund will not be invested according to its investment objective and therefore may not achieve its investment objective.

Read More

UPDDX - Performance

Return Ranking - Trailing

Period UPDDX Return Category Return Low Category Return High Rank in Category (%)
YTD 51.5% -32.9% 48.1% 0.09%
1 Yr 51.6% -32.6% 48.2% 0.09%
3 Yr 8.2%* -9.3% 17.8% 34.22%
5 Yr 22.3%* -2.1% 43.8% 0.70%
10 Yr N/A* 1.2% 24.7% N/A

* Annualized

Return Ranking - Calendar

Period UPDDX Return Category Return Low Category Return High Rank in Category (%)
2023 31.7% -16.9% 46.1% 0.56%
2022 -43.2% -64.7% 4.6% 99.52%
2021 57.5% -44.2% 57.5% 0.10%
2020 49.5% -23.2% 285.0% 0.70%
2019 -0.1% -21.4% 48.5% 98.14%

Total Return Ranking - Trailing

Period UPDDX Return Category Return Low Category Return High Rank in Category (%)
YTD 51.5% -32.9% 48.1% 0.09%
1 Yr 51.6% -32.6% 48.2% 0.09%
3 Yr 8.2%* -9.3% 17.8% 34.22%
5 Yr 22.3%* -2.1% 43.8% 0.70%
10 Yr N/A* 1.2% 24.7% N/A

* Annualized

Total Return Ranking - Calendar

Period UPDDX Return Category Return Low Category Return High Rank in Category (%)
2023 32.5% -15.9% 46.7% 0.56%
2022 -42.0% -42.0% 8.5% 100.00%
2021 57.5% 3.6% 129.7% 0.20%
2020 49.5% -22.6% 304.8% 0.70%
2019 -0.1% -12.7% 52.1% 99.90%

NAV & Total Return History

UPDDX - Holdings

Concentration Analysis

UPDDX Category Low Category High UPDDX % Rank
Net Assets 2.25 M 2.09 M 163 B 99.63%
Number of Holdings 34 2 1727 92.24%
Net Assets in Top 10 2.08 M 466 K 39.5 B 98.41%
Weighting of Top 10 68.61% 4.4% 99.1% 1.03%

Top 10 Holdings

  1. NVIDIA Corp. 24.09%
  2. Himax Technologies, Inc. ADR 9.09%
  3. Taiwan Semiconductor Manufacturing Co. Ltd. 5.74%
  4. Direxion Financial Bull 3X Shares 5.58%
  5. Direxion Daily Dow Jones Internet Bull 3X Shares 5.54%
  6. Teva Pharmaceutical Industries Ltd. 4.17%
  7. AbbVie, Inc. 3.92%
  8. Direxion Daily Semiconductor Bull 3X Shares 3.64%
  9. Tapestry, Inc. 3.57%
  10. The Goldman Sachs Group, Inc. 3.27%

Asset Allocation

Weighting Return Low Return High UPDDX % Rank
Stocks 		98.26% 4.16% 102.49% 48.08%
Cash 		4.24% 0.00% 17.28% 12.07%
Preferred Stocks 		0.00% 0.00% 13.68% 49.49%
Other 		0.00% -2.59% 39.89% 58.28%
Convertible Bonds 		0.00% 0.00% 3.66% 46.33%
Bonds 		0.00% 0.00% 97.99% 48.64%

Stock Sector Breakdown

Weighting Return Low Return High UPDDX % Rank
Technology 		54.02% 0.00% 54.02% 0.09%
Healthcare 		24.43% 0.00% 30.08% 6.04%
Financial Services 		9.38% 0.00% 58.05% 98.11%
Communication Services 		4.77% 0.00% 26.58% 62.89%
Energy 		2.67% 0.00% 54.00% 93.20%
Consumer Cyclical 		2.45% 0.00% 22.74% 93.30%
Industrials 		2.00% 0.00% 42.76% 98.58%
Consumer Defense 		0.15% 0.00% 34.10% 98.49%
Basic Materials 		0.07% 0.00% 20.01% 91.60%
Real Estate 		0.03% 0.00% 90.54% 82.53%
Utilities 		0.02% 0.00% 27.04% 88.29%

Stock Geographic Breakdown

Weighting Return Low Return High UPDDX % Rank
US 		98.26% 4.16% 102.49% 37.70%
Non US 		0.00% 0.00% 24.08% 62.58%

UPDDX - Expenses

Operational Fees

UPDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.81% 0.03% 14.82% 1.41%
Management Fee 1.50% 0.00% 1.50% 100.00%
12b-1 Fee N/A 0.00% 1.00% 9.55%
Administrative Fee 0.45% 0.00% 0.50% 99.33%

Sales Fees

UPDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

UPDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 26.79%

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.

UPDDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.68% 0.00% 488.00% 8.20%

UPDDX - Distributions

Dividend Yield Analysis

UPDDX Category Low Category High UPDDX % Rank
Dividend Yield 0.41% 0.00% 16.67% 94.10%

Dividend Distribution Analysis

UPDDX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

UPDDX Category Low Category High UPDDX % Rank
Net Income Ratio -0.68% -1.51% 4.28% 99.23%

Capital Gain Distribution Analysis

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

Distributions History

View More +

UPDDX - Fund Manager Analysis

Managers

David Chiueh

Start Date

Tenure

Tenure Rank

Oct 10, 2017

4.64

4.6%

Chiueh is a senior portfolio manager and president with Upright Financial Corporation. He has been engaged in the securities business since 1990.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.12 6.71

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