WAYEX: Waycross Long/Short Equity Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.51

-

-

2.37%

Vitals

YTD Return

8.8%

1 yr return

19.5%

3 Yr Avg Return

11.8%

5 Yr Avg Return

10.9%

Net Assets

$102 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

$15.58
$12.66
$15.71

Expenses

OPERATING FEES

Expense Ratio 2.37%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 63.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Long-Short Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$15.51

-

-

2.37%

WAYEX - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 11.8%
  • 5 Yr Annualized Total Return 10.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.39%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Waycross Long/Short Equity Fund
  • Fund Family Name
    Waycross
  • Inception Date
    Apr 29, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Benjamin Thomas

Fund Description

The advisor pursues the investment objective by investing in long and short equity positions. The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities traded in the U.S. Under normal market conditions, the adviser expects to maintain a net long exposure (i.e., the market value of the fund’s long positions minus the market value of the fund’s short positions) of at most 60%; however, the adviser seeks to target a net long exposure of approximately 50% over a full market cycle.


WAYEX - Performance

Return Ranking - Trailing

Period WAYEX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -24.3% 36.0% 46.31%
1 Yr 19.5% -17.9% 67.9% 33.17%
3 Yr 11.8%* -10.3% 22.3% 15.59%
5 Yr 10.9%* -4.9% 20.5% 12.43%
10 Yr N/A* -5.8% 12.0% N/A

* Annualized

Return Ranking - Calendar

Period WAYEX Return Category Return Low Category Return High Rank in Category (%)
2020 20.8% -47.6% 88.4% 15.38%
2019 19.9% -20.3% 62.6% 9.68%
2018 -8.8% -53.1% 12.7% 49.15%
2017 11.9% -67.1% 21.9% 23.93%
2016 1.3% -17.3% 25.3% 56.52%

Total Return Ranking - Trailing

Period WAYEX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -24.3% 36.0% 47.78%
1 Yr 19.5% -17.9% 67.9% 32.18%
3 Yr 11.8%* -11.4% 22.3% 15.59%
5 Yr 10.9%* -5.4% 20.5% 12.43%
10 Yr N/A* -5.8% 12.0% N/A

* Annualized

Total Return Ranking - Calendar

Period WAYEX Return Category Return Low Category Return High Rank in Category (%)
2020 20.8% -47.6% 88.4% 15.38%
2019 19.9% -20.3% 62.6% 9.68%
2018 -8.8% -53.1% 12.7% 59.89%
2017 11.9% -12.7% 24.8% 41.10%
2016 1.3% -15.5% 25.3% 58.70%

NAV & Total Return History


WAYEX - Holdings

Concentration Analysis

WAYEX Category Low Category High WAYEX % Rank
Net Assets 102 M 0 5.19 B 47.34%
Number of Holdings 113 3 3156 43.63%
Net Assets in Top 10 32.5 M -87.9 M 765 M 41.18%
Weighting of Top 10 32.07% 4.8% 100.0% 67.26%

Top 10 Holdings

  1. Fidelity® Inv MM Fds Government I 5.66%
  2. Microsoft Corp 3.72%
  3. Burlington Stores Inc 3.53%
  4. Adobe Inc 3.42%
  5. Elanco Animal Health Inc 3.34%
  6. Amazon.com Inc 3.26%
  7. Bank of America Corp 3.21%
  8. Goldman Sachs Group Inc 3.17%
  9. Caterpillar Inc 3.09%
  10. NVIDIA Corp 2.86%

Asset Allocation

Weighting Return Low Return High WAYEX % Rank
Stocks
53.44% -17.84% 113.92% 72.33%
Cash
46.55% -140.68% 117.83% 24.51%
Preferred Stocks
0.00% -0.01% 8.88% 20.59%
Other
0.00% -16.93% 36.41% 47.06%
Convertible Bonds
0.00% 0.00% 3.02% 21.57%
Bonds
0.00% -0.70% 152.17% 34.95%

Stock Sector Breakdown

Weighting Return Low Return High WAYEX % Rank
Technology
23.10% 0.00% 48.18% 32.46%
Healthcare
20.10% 0.00% 100.00% 14.66%
Financial Services
17.24% 0.00% 74.33% 32.46%
Consumer Cyclical
10.56% 0.00% 83.72% 62.83%
Industrials
10.41% 0.00% 35.91% 55.50%
Communication Services
10.03% 0.00% 29.68% 44.50%
Energy
3.67% 0.00% 12.98% 23.56%
Basic Materials
2.63% 0.00% 21.97% 53.40%
Consumer Defense
2.26% 0.00% 28.39% 88.48%
Utilities
0.00% 0.00% 23.92% 76.44%
Real Estate
0.00% 0.00% 17.36% 82.20%

Stock Geographic Breakdown

Weighting Return Low Return High WAYEX % Rank
US
50.81% -43.02% 113.00% 59.31%
Non US
2.63% -31.09% 98.73% 51.96%

WAYEX - Expenses

Operational Fees

WAYEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.37% 0.40% 12.79% 27.05%
Management Fee 1.25% 0.00% 2.50% 57.97%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.54% N/A

Sales Fees

WAYEX 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% 4.00% N/A

Trading Fees

WAYEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

WAYEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 0.00% 498.00% 26.83%

WAYEX - Distributions

Dividend Yield Analysis

WAYEX Category Low Category High WAYEX % Rank
Dividend Yield 0.00% 0.00% 1.76% 17.39%

Dividend Distribution Analysis

WAYEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

WAYEX Category Low Category High WAYEX % Rank
Net Income Ratio -1.39% -3.33% 2.81% 81.41%

Capital Gain Distribution Analysis

WAYEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

WAYEX - Fund Manager Analysis

Managers

Benjamin Thomas


Start Date

Tenure

Tenure Rank

Apr 29, 2015

6.35

6.4%

Ben is Managing Partner and Portfolio Manager for the firm. Before founding Waycross Partners in 2005, Ben was a Portfolio Manager and Senior Equity Analyst for Invesco where he was responsible for managing two mid cap strategies and led the firm’s technology and telecom research effort. Prior to Invesco, Ben worked for Banc One Securities (now J.P. Morgan Asset Management) and Prudential Securities. A native of Louisville, Ben attended the University of Kentucky where he earned a bachelor’s degree in Finance. He continued his education at Indiana University where he was awarded a master’s degree in Business Administration. Ben is a CFA charterholder and member of the CFA Society of Louisville where he served as president from 2007 to 2008.

John Ferreby


Start Date

Tenure

Tenure Rank

Jan 31, 2017

4.58

4.6%

John joined the firm in 2009 as a Partner and Portfolio Manager. Prior to joining Waycross Partners, John was a Principal and Senior Portfolio Manager at Invesco in Louisville, Kentucky. At Invesco, John was the lead investment professional for Invesco’s $15 billion large cap core institutional strategy and was responsible for final decisions on all mid cap and large cap equity trades. John holds a bachelor’s degree from Dartmouth College and is a CFA charter holder. He is a member of the CFA Society of Louisville.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.8 5.82 7.18