USA Mutuals Vice Investor
- VICEX
- Price as of: Mar 02, 2021
-
$30.85
N/A N/A
- Primary Theme
- International Large-Cap Equity
- Fund Company
- USA Mutuals
- Share Class
VICEX - Snapshot
Vitals
- YTD Return 6.6%
- 3 Yr Annualized Return 0.6%
- 5 Yr Annualized Return 7.2%
- Net Assets $108 M
- Holdings in Top 10 59.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.77%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 14.69%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000
- IRA $100
Fund Classification
-
Primary Theme
International Large-Cap Equity
- Fund Type Open End Mutual Fund
- Investment Style World Large Stock
VICEX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 0.6%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameUSAMutuals Vitium Global Fund
-
Fund Family NameUSA Mutuals
-
Inception DateAug 30, 2002
-
Shares Outstanding3138237
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBen Warwick
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 | 6.6% | -3.0% | 38.7% | 12.64% |
1 Yr | 14.2% | -17.5% | 156.8% | 96.86% |
3 Yr | 0.6%* | -7.6% | 35.5% | 99.28% |
5 Yr | 7.2%* | -0.6% | 36.4% | 97.45% |
10 Yr | 9.6%* | -6.6% | 19.0% | 52.75% |
* Annualized
Return Ranking - Calendar
Period | VICEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -4.7% | -24.3% | 957.1% | 92.58% |
2019 | 20.4% | -38.3% | 47.1% | 55.35% |
2018 | -22.0% | -54.2% | 0.6% | 85.45% |
2017 | 21.8% | -76.0% | 54.1% | 31.32% |
2016 | -9.4% | -26.1% | 47.8% | 98.90% |
Total Return Ranking - Trailing
Period | VICEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -3.0% | 38.7% | 12.75% |
1 Yr | 14.2% | -21.4% | 156.8% | 95.85% |
3 Yr | 0.6%* | -8.0% | 35.5% | 99.28% |
5 Yr | 7.2%* | -0.6% | 36.4% | 96.51% |
10 Yr | 9.6%* | -6.6% | 19.0% | 51.83% |
* Annualized
Total Return Ranking - Calendar
Period | VICEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -4.7% | -24.3% | 957.1% | 92.58% |
2019 | 20.4% | -33.1% | 47.1% | 55.72% |
2018 | -22.0% | -44.4% | 1.8% | 89.95% |
2017 | 21.8% | -6.5% | 54.1% | 53.02% |
2016 | -9.4% | -14.4% | 47.8% | 99.22% |
NAV & Total Return History
VICEX - Holdings
Concentration Analysis
VICEX | Category Low | Category High | VICEX % Rank | |
---|---|---|---|---|
Net Assets | 108 M | 4.94 K | 129 B | 71.83% |
Number of Holdings | 33 | 2 | 8822 | 89.96% |
Net Assets in Top 10 | 64.1 M | -19.8 M | 35.7 B | 63.65% |
Weighting of Top 10 | 59.71% | 8.8% | 100.0% | 6.98% |
Top 10 Holdings
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
- Galaxy Entertainment Group Ltd 8.37%
Asset Allocation
Weighting | Return Low | Return High | VICEX % Rank | |
---|---|---|---|---|
Stocks | 104.95% | 0.00% | 114.92% | 0.33% |
Preferred Stocks | 0.00% | -0.01% | 4.12% | 74.13% |
Other | 0.00% | -4.11% | 18.22% | 74.13% |
Convertible Bonds | 0.00% | 0.00% | 4.68% | 69.65% |
Bonds | 0.00% | -1.99% | 138.88% | 71.76% |
Cash | -4.95% | -49.94% | 53.76% | 99.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VICEX % Rank | |
---|---|---|---|---|
Consumer Defense | 39.91% | 0.00% | 74.24% | 0.76% |
Consumer Cyclical | 32.97% | 0.00% | 46.87% | 2.29% |
Industrials | 16.35% | 0.00% | 44.06% | 8.95% |
Energy | 6.06% | 0.00% | 18.66% | 4.59% |
Real Estate | 1.34% | 0.00% | 37.76% | 54.80% |
Technology | 1.00% | 0.00% | 49.87% | 98.91% |
Healthcare | 0.93% | 0.00% | 44.77% | 97.82% |
Financial Services | 0.76% | 0.00% | 36.68% | 97.05% |
Communication Services | 0.36% | 0.00% | 56.09% | 98.25% |
Basic Materials | 0.17% | 0.00% | 41.54% | 86.46% |
Utilities | 0.16% | 0.00% | 17.43% | 66.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VICEX % Rank | |
---|---|---|---|---|
Non US | 66.12% | 0.00% | 99.34% | 3.06% |
US | 38.83% | 0.00% | 96.63% | 91.27% |
VICEX - Expenses
Operational Fees
VICEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.77% | 0.01% | 44.27% | 25.56% |
Management Fee | 0.95% | 0.00% | 1.82% | 93.72% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 43.48% |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
VICEX 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
VICEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 85.71% |
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 | 14.69% | 0.94% | 395.00% | 11.43% |
VICEX - Distributions
Dividend Yield Analysis
VICEX | Category Low | Category High | VICEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.44% | 68.94% |
Dividend Distribution Analysis
VICEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
VICEX | Category Low | Category High | VICEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -1.68% | 12.65% | 37.74% |
Capital Gain Distribution Analysis
VICEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Jun 29, 2018 | $0.173 |
Jun 30, 2017 | $0.182 |
Jun 30, 2016 | $0.330 |
Jun 30, 2015 | $0.355 |
Dec 23, 2014 | $0.057 |
VICEX - Fund Manager Analysis
Managers
Ben Warwick
Start Date
Tenure
Tenure Rank
Sep 04, 2020
0.41
0.4%
Mr. Ben Warwick serves as a portfolio manager at USA Mutuals Advisors, Inc. Mr. Warwick also currently serves as a private wealth advisor for Aveo Capital Partners, LLC, Quantitative Equity Strategies (QES) and Sovereign Private Equity Management. Mr. Warwick founded QES, a quantitative investment management firm that developed indices for the mutual fund industry, in 1999. In addition, Mr. Warwick has served as Chief Investment Officer for Fort Point Capital Partners. Mr. Warwick obtained his bachelor’s degree from the University of Florida and his MBA from the University of North Carolina at Chapel Hill.
Paul Strehle
Start Date
Tenure
Tenure Rank
Sep 04, 2020
0.41
0.4%
Mr. Paul Strehle serves as a portfolio manager at USA Mutuals Advisors, Inc. Previously, Mr. Strehle was a portfolio manager at Fort Point Capital Partners from 2015 to 2020. Previously, Mr. Strehle was a Principal at the Carlyle Group on the quantitative market strategies team. In addition, Mr. Strehle has also been an options trader and portfolio manager at Goldman Sachs and the Hermitage Group. He was also Global Head of Solutions at RTS Realtime Systems (a Bloomberg company) and served on the firm's management board. Mr. Strehle graduated from Lawrence University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.66 | 6.22 | 1.08 |