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VICEX USA Mutuals Vice Investor

  • Fund
  • VICEX
  • Price as of: May 14, 2019
  • $29.37 + $0.06 + 0.21%
  • Category
  • Large Cap Blend Equities

VICEX - Profile

Vitals

  • YTD Return 16.5%
  • 3 Yr Annualized Return -1.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $167 M
  • Holdings in Top 10 47.8%

52 WEEK LOW AND HIGH

$29.37
$24.12
$32.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.53%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.53%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$100

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 16.5%
  • 3 Yr Annualized Total Return -1.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.87%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name USA Mutuals Vice Fund
  • Fund Family Name USA Mutuals
  • Inception Date Aug 30, 2002
  • Shares Outstanding 4245719
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Jordan C. Waldrep

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies that derive a significant portion of their revenues from a group of vice industries that includes the alcoholic beverages, defense/aerospace, gaming and tobacco industries. It will concentrate at least 25% of its net assets in this group of four vice industries (but no more than 80% of its net assets in any single industry).

VICEX - Performance

Return Ranking - Trailing

Period VICEX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.5% -14.1% 31.7% 3.53%
1 Yr -7.7% -61.3% 33.4% 57.53%
3 Yr -1.6%* -31.9% 21.1% 84.98%
5 Yr N/A* -23.5% 12.0% N/A
10 Yr N/A* -6.2% 19.0% N/A

* Annualized


Return Ranking - Calendar

Period VICEX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.0% -67.0% 16.7% 81.86%
2017 21.8% -32.8% 34.8% 3.25%
2016 -9.4% -28.0% 20.8% 98.57%
2015 1.3% -46.9% 5.7% 3.91%
2014 N/A -31.3% 53.8% N/A

Total Return Ranking - Trailing

Period VICEX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.5% -14.1% 31.7% 3.53%
1 Yr -7.7% -61.3% 34.2% 73.61%
3 Yr -1.6%* -29.3% 21.6% 93.77%
5 Yr N/A* -19.4% 13.9% N/A
10 Yr N/A* -4.0% 23.7% N/A

* Annualized


Total Return Ranking - Calendar

Period VICEX Return Category Return Low Category Return High Rank in Category (%)
2018 -22.0% -67.0% 17.4% 86.93%
2017 21.8% -22.1% 34.8% 18.19%
2016 -9.4% -14.7% 21.8% 99.49%
2015 1.3% -40.3% 7.0% 12.85%
2014 N/A -24.8% 56.3% N/A

NAV & Total Return History

VICEX - Holdings

Concentration Analysis

VICEX Category Low Category High VICEX % Rank
Net Assets 167 M 1.88 M 804 B 80.42%
Number of Holdings 42 7 3615 82.03%
Net Assets in Top 10 79.9 M -57.2 M 135 B 73.80%
Weighting of Top 10 47.75% 2.4% 936.4% 16.97%

Top 10 Holdings

  1. Wynn Resorts Ltd 5.53%

  2. Constellation Brands Inc A 5.43%

  3. Galaxy Entertainment Group Ltd 5.28%

  4. Las Vegas Sands Corp 5.25%

  5. Brown-Forman Corp Class B 4.84%

  6. Diageo PLC ADR 4.51%

  7. Raytheon Co 4.33%

  8. Boeing Co 4.29%

  9. Churchill Downs Inc 4.16%

  10. Altria Group Inc 4.13%


Asset Allocation

Weighting Return Low Return High VICEX % Rank
Stocks
99.21% -6.79% 687.17% 28.71%
Cash
0.78% -187.97% 80.44% 68.07%
Preferred Stocks
0.01% -0.37% 6.87% 16.16%
Other
0.00% -4.04% 22.06% 85.34%
Convertible Bonds
0.00% 0.00% 6.54% 87.15%
Bonds
0.00% -595.81% 186.14% 87.35%

Stock Sector Breakdown

Weighting Return Low Return High VICEX % Rank
Consumer Defense
36.95% 0.00% 64.11% 0.30%
Consumer Cyclical
33.07% -0.92% 33.07% 0.20%
Industrials
25.34% 0.00% 77.42% 1.51%
Healthcare
3.23% 0.00% 47.60% 93.16%
Financial Services
0.61% 0.00% 187.22% 97.59%
Utilities
0.00% -1.30% 19.90% 97.28%
Technology
0.00% -67.56% 52.42% 99.40%
Real Estate
0.00% -1.87% 13.40% 96.98%
Energy
0.00% -1.65% 306.37% 98.19%
Communication Services
0.00% -0.65% 14.58% 97.69%
Basic Materials
0.00% 0.00% 90.41% 98.89%

Stock Geographic Breakdown

Weighting Return Low Return High VICEX % Rank
US
64.53% -6.79% 223.50% 86.14%
Non US
34.68% 0.00% 463.67% 4.42%

VICEX - Expenses

Operational Fees

VICEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.53% 0.00% 153.75% 22.22%
Management Fee 0.95% 0.00% 1.50% 91.16%
12b-1 Fee 0.25% 0.00% 1.00% 53.53%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

VICEX 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

VICEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.15% 2.00% 78.70%

Turnover 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.

VICEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.53% 0.00% 836.00% 28.38%

VICEX - Distributions

Dividend Yield Analysis

VICEX Category Low Category High VICEX % Rank
Dividend Yield 0.01% 0.00% 0.10% 62.35%

Dividend Distribution Analysis

VICEX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

VICEX Category Low Category High VICEX % Rank
Net Income Ratio 0.87% -1.49% 3.64% 54.75%

Capital Gain Distribution Analysis

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

VICEX - Managers

Jordan C. Waldrep

Manager

Start Date

Tenure

Tenure Rank

Aug 28, 2017

1.67

1.7%

Mr. Jordan Waldrep is the portfolio manager for USA Mutuals Advisors, Inc. since August 28, 2017. Mr. Waldrep has over 18 years of investment experience. He was the portfolio manager of Blackfin Capital ("Blackfin") from March 2014 through August 2017. Prior to Blackfin, he was an analyst and trader at Hourglass Capital since 2008. Mr. Waldrep is a member of the CFA Institute and the CFA Society of Dallas and Fort Worth. He is a Chartered Financial Ananlyst. Mr. Waldrep received a BA in Biology and History from Texas A&M University and an MBA from the University of Texas McCombs School of Business.


Tenure Analysis

Category Low

0.0

Category High

83.5

Category Average

6.99

Category Mode

3.62