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Address And Details

One Grand Central Place, 60 East 42nd St, Sui , New York, NY 10165
Fund Manager Duilio Ramallo
Manager Tenure 16 Years 11 Months

Strategy And Objective

The Fund seeks to provide long-term growth of capital primarily through investment in equity securities. Current income is a secondary objective.The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets (including borrowings for investment purposes) in a diversified portfolio consisting primarily of equity securities, such as common stocks of issuers across the capitalization spectrum and identified by the Adviser as having value characteristics.The Adviser will sell a stock when it no longer meets one or more investment criteria, either through obtaining target value or due to an adverse change in fundamentals or business momentum. Each holding has a target valuation established at purchase, which the Adviser constantly monitors and adjusts as appropriate.The Adviser examines various factors in determining the value characteristics of such issuers including price to book value ratios and price to earnings ratios. These value characteristics are examined in the context of the issuers operating and financial fundamentals, such as return on equity and earnings growth and cash flow. The Adviser selects securities for the Fund based on a continuous study of trends in industries and companies,earnings power and growth and other investment criteria.The Fund may also invest up to 20% of its total assets in non U.S. dollar denominated securities.The Fund may invest up to 15% of its net assets in illiquid securities, including securities that are illiquid by virtue of the absence of a readily available market or legal or contractual restrictions on resale.The Fund may participate as a purchaser in initial public offerings of securities (IPO). An IPO is a company s first offering of stock to the public.The Fund may invest up to 10% of its net assets in securities that can be converted into common stock, such as certain debt securities and preferred stock.The Fund may hedge overall portfolio exposure up to 40% of its net assets through the purchase and sale of index and individual put and call options.In general, the Funds investments are broadly diversified over a number of industries and, as a matter of policy, the Fund is limited to investing less than 25% of its total assets in any one industry. While the Adviser intends to fully invest the Funds assets at all times in accordance with the above-mentioned policies, the Fund reserves the right to hold up to 100% of its assets, as a temporary defensive measure, in cash and eligible U.S. dollar-denominated money market instruments and make investments inconsistent with its investment objective. The Adviser will determine when market conditions warrant temporary defensive measures.

Net Asset Value

as of 5:49 PM ET 12/01/2021

Performance

  • 1 Week
  • -5.93%
  • 1 Month
  • -5.52%
  • 3 Months
  • -2.63%
  • 1 Yr Return
  • +19.34%
  • 5 Yr Return
  • +35.56%

Equity Sector Breakdown

Finance 28.40%
Technology 15.48%
Health 11.36%
IndustrialCyclical 11.28%
RetailTrade 7.14%
ConsumerDurables 6.03%
Services 5.34%
Energy 3.99%
NonDurables 3.41%
Utilities 0.29%

Asset Allocation

Asset Type % Of Allocation
Stocks 99.01%
ForeignStocks 10.12%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 279.35 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -7.66 -6.56 -4.16
Beta 1.10 1.09 1.09
R Squared 0.89 0.89 0.88
Std Deviation 21.53 17.85 15.14
Sharpe Ratio 0.72 0.74 n/a

Purchase Information

as of 5:48 PM ET 11/30/2021
Minimum Initial $2500
Minimum Additional $100
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +47.63%
  • +39.49%
+47.63% +39.49%
3 Year
  • +13.89%
  • +8.87%
+13.89% +8.87%
10 Year
  • +13.23%
  • +14.11%
+13.23% +14.11%
Life Of Fund
  • +10.76%
  • +10.53%
+10.76% +10.53%

Top 10 Holdings

Symbol Company Name % Of Assets
JNJ JOHNSON & JOHNSON 3.08%
BAC BANK OF AMERICA CORPORATION 2.45%
MDT MEDTRONIC PLC 2.26%
JPM JPMORGAN CHASE & CO 2.03%
PFE PFIZER INC 1.72%
AIG AMERICAN INTERNATIONAL GROUP 1.50%
C CITIGROUP INC 1.45%
GS GOLDMAN SACHS GROUP INC 1.42%
UNH UNITEDHEALTH GROUP INC 1.37%
ABBV ABBVIE INC 1.35%

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