Address And Details

600 Steamboat Rd. #300 , Greenwich, CT 06830
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks long-term total return through capital appreciation by investing primarily in common and preferred stocks and convertible securities.Under normal conditions, the Fund invests at least 80% of its assets in stocksof mid-cap companies with an improving revenue and earnings growth outlook.The Fund currently considers mid-cap companies to be those with market capitalizations at the time of acquisition within the capitalization range of the Russell Midcap® Index (between $2.4 billion and $35.5 billionas of May 10, 2019,the date of the latest reconstitution of the Index (implemented by the Index June 28, 2019)).This capitalization range will change over time.The Fund may retain a security if,after purchase of the security,the issuer’s capitalization falls out of the mid-capitalization range described above.Because of this,the Fund may have less than 80% of its netassets in securities of mid-cap companies at any given time.Fairpointe Capital LLC,the subadviser to the Fund (“Fairpointe” or the “Subadviser”),selects stocks based on bottom-up fundamental analysis.Important investment criteria include: •Focused business franchise with ability to grow market share •Attractive valuation •Low relative leverage •Experienced managementThe Subadviser takes a long-term approach with a focus on maximizing after-tax returns.The Fund may invest in mid- and small-cap stocks, convertible preferred stocks,and foreign securities (directly and through depositary receipts).In an effort to manage risk,the Subadviser employs a valuation disciplinethat limits downside risk,limits position sizes and sector exposure,and the Subadviser adheres to a structured sell discipline.

Net Asset Value

as of 5:21 PM ET 09/16/2021

Performance

  • 1 Week
  • -0.11%
  • 1 Month
  • -1.69%
  • 3 Months
  • +1.30%
  • 1 Yr Return
  • -39.60%
  • 5 Yr Return
  • -49.29%

Equity Sector Breakdown

Finance 24.95%
Technology 15.56%
RetailTrade 12.46%
ConsumerDurables 9.70%
NonDurables 7.66%
Energy 6.58%
Services 6.02%
Utilities 3.40%
IndustrialCyclical 3.12%
Health n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 98.47%
ForeignStocks 2.17%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 300.25 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -12.34 -10.71 -7.81
Beta 1.26 1.25 1.28
R Squared 0.87 0.81 0.81
Std Deviation 25.00 20.84 19.12
Sharpe Ratio 0.36 0.48 n/a

Purchase Information

as of 5:17 PM ET 09/15/2021
Minimum Initial $2000
Minimum Additional $100
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +39.95%
  • +51.40%
+39.95% +51.40%
3 Year
  • +6.72%
  • +6.72%
+6.72% +6.72%
10 Year
  • +11.06%
  • +9.18%
+11.06% +9.18%
Life Of Fund
  • +11.40%
  • +11.38%
+11.40% +11.38%

Top 10 Holdings

Symbol Company Name % Of Assets
LBRDA LIBERTY BROADBAND CORP 4.81%
KKR KKR & CO INC 4.59%
LSXMA LIBERTY SIRIUS XM GROUP 3.91%
AAP ADVANCE AUTO PARTS 3.88%
DLTR DOLLAR TREE INC 3.29%
NWSA NEWS CORP INC CL A 3.22%
NVR NVR 3.19%
LKQ LKQ CORP 3.16%
ARES ARES MANAGEMENT CO 2.99%
CNNE CANNAE HOLDINGS INC 2.83%

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