Upright Growth Fund
Name
As of 12/04/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.6%
1 yr return
0.1%
3 Yr Avg Return
1.2%
5 Yr Avg Return
13.5%
Net Assets
$17.4 M
Holdings in Top 10
89.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.14%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.69%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/04/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
UPUPX - Profile
Distributions
- YTD Total Return 9.6%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameUpright Growth Fund
-
Fund Family NameUpright Investments Trust
-
Inception DateFeb 12, 2002
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Chiueh
Fund Description
The Fund’s adviser seeks to achieve the Fund’s investment objective by:
| · | investing primarily in the common stock, preferred stock, and convertible securities of publicly-traded United States domiciled companies |
| · | investing up to 25% of the Fund’s assets in securities principally traded in foreign markets; |
| · | investing without regard to market capitalization; and |
| · | investing in the securities of companies that the Fund’s adviser believes have the potential for significant long-term growth and are reasonably priced or undervalued. |
When selecting investments for the Fund, the Adviser generally considers 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 Adviser will liquidate an investment when the Adviser believes that the security is no longer attractive based on its growth potential, price, or both. The Adviser may also liquidate 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.
UPUPX - Performance
Return Ranking - Trailing
| Period | UPUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.6% | -13.5% | 81.7% | 93.91% |
| 1 Yr | 0.1% | -18.3% | 59.9% | 98.26% |
| 3 Yr | 1.2%* | -26.8% | 18.8% | 60.18% |
| 5 Yr | 13.5%* | -3.5% | 30.2% | 62.38% |
| 10 Yr | 0.9%* | 0.9% | 25.2% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | UPUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -46.3% | -73.9% | -16.4% | 78.85% |
| 2021 | 51.5% | -44.6% | 51.5% | 0.44% |
| 2020 | 108.7% | 5.5% | 154.1% | 1.42% |
| 2019 | 7.5% | -3.0% | 63.7% | 96.53% |
| 2018 | -49.7% | -49.7% | 12.3% | 100.00% |
Total Return Ranking - Trailing
| Period | UPUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.6% | -13.5% | 81.7% | 93.91% |
| 1 Yr | 0.1% | -18.3% | 59.9% | 98.26% |
| 3 Yr | 1.2%* | -26.8% | 18.8% | 60.18% |
| 5 Yr | 13.5%* | -3.5% | 30.2% | 62.38% |
| 10 Yr | 0.9%* | 0.9% | 25.2% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | UPUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -45.6% | -67.5% | -5.9% | 89.87% |
| 2021 | 57.6% | -17.8% | 59.2% | 1.77% |
| 2020 | 108.7% | 8.8% | 157.5% | 1.89% |
| 2019 | 7.5% | 7.5% | 66.9% | 100.00% |
| 2018 | -49.7% | -49.7% | 13.9% | 100.00% |
NAV & Total Return History
UPUPX - Holdings
Concentration Analysis
| UPUPX | Category Low | Category High | UPUPX % Rank | |
|---|---|---|---|---|
| Net Assets | 17.4 M | 4.18 M | 58.1 B | 95.69% |
| Number of Holdings | 30 | 10 | 325 | 95.69% |
| Net Assets in Top 10 | 15.6 M | 1.27 M | 39.8 B | 88.36% |
| Weighting of Top 10 | 89.58% | 11.5% | 100.0% | 0.86% |
Top 10 Holdings
- Himax Technologies, Inc. ADR 24.87%
- Apple, Inc. 24.40%
- Invesco Treasury Obligations Portfolio Institutional Class 10.98%
- Taiwan Semiconductor Manufacturing Co. Ltd. ADR 8.49%
- Fidelity Investments Money Market Government Porfolio Class I 6.39%
- Teva Pharmaceutical Industries Ltd. ADR 3.87%
- Silicon Motion Technology Corp. ADR 3.83%
- Plug Power, Inc. 3.17%
- AbbVie, Inc. 2.06%
- Alphabet, Inc. Class C 1.52%
Asset Allocation
| Weighting | Return Low | Return High | UPUPX % Rank | |
|---|---|---|---|---|
| Stocks | 81.65% | 0.00% | 105.99% | 98.71% |
| Cash | 18.55% | -0.14% | 23.62% | 1.29% |
| Preferred Stocks | 0.00% | 0.00% | 7.74% | 64.66% |
| Other | 0.00% | -0.14% | 26.87% | 62.50% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 56.90% |
| Bonds | 0.00% | 0.00% | 91.49% | 56.47% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | UPUPX % Rank | |
|---|---|---|---|---|
| Technology | 66.49% | 2.80% | 100.00% | 61.64% |
| Healthcare | 17.30% | 0.00% | 25.57% | 6.03% |
| Industrials | 6.47% | 0.00% | 38.68% | 10.78% |
| Consumer Cyclical | 4.84% | 0.00% | 32.97% | 59.48% |
| Financial Services | 2.47% | 0.00% | 38.36% | 66.81% |
| Communication Services | 1.80% | 0.00% | 97.05% | 81.47% |
| Basic Materials | 0.33% | 0.00% | 2.38% | 8.19% |
| Energy | 0.30% | 0.00% | 1.24% | 5.17% |
| Utilities | 0.00% | 0.00% | 5.17% | 55.17% |
| Real Estate | 0.00% | 0.00% | 15.05% | 66.38% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 60.34% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | UPUPX % Rank | |
|---|---|---|---|---|
| US | 81.65% | 0.00% | 101.15% | 86.64% |
| Non US | 0.00% | 0.00% | 55.98% | 78.88% |
UPUPX - Expenses
Operational Fees
| UPUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.14% | 0.08% | 6.86% | 10.00% |
| Management Fee | 1.50% | 0.03% | 1.95% | 98.71% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 27.15% |
| Administrative Fee | 0.45% | 0.00% | 0.50% | 98.15% |
Sales Fees
| UPUPX 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% | 4.00% | N/A |
Trading Fees
| UPUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 12.50% |
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.
| UPUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 0.69% | 0.69% | 281.00% | 0.55% |
UPUPX - Distributions
Dividend Yield Analysis
| UPUPX | Category Low | Category High | UPUPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 18.98% | 61.64% |
Dividend Distribution Analysis
| UPUPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| UPUPX | Category Low | Category High | UPUPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.50% | -2.30% | 2.08% | 53.51% |
Capital Gain Distribution Analysis
| UPUPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
UPUPX - Fund Manager Analysis
Managers
David Chiueh
Start Date
Tenure
Tenure Rank
Jan 21, 1999
23.37
23.4%
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 |
|---|---|---|---|
| 0.04 | 32.43 | 8.33 | 1.41 |