|One South Street, Suite 2550 , Baltimore, MD 21202|
|Fund Manager||Bill Miller|
|Manager Tenure||17 Years 7 Months|
The Miller Opportunity Trust(the â€œFundâ€) seeks long term growth of capital.The Fund normally invests in securities,derivatives and other financial instruments that,in the portfolio managersâ€™ opinion,offer the opportunity forlong-term growth of capital.The portfolio managers exercise a flexible strategy in the selection of investments,not limited by investment style or asset class.The investment strategy typically involves identifying instances where the Adviser believes the capital markets have mispriced investment opportunities and exploiting price discrepancies and inefficiencies in the market.The Fund may invest without limit in the common stock of U.S.and foreign issuers of all sizes and in other U.S.and foreign securities,including emerging markets,and including: securities convertible into common stock; securities issued through private placements; preferred securities; warrants and rights; securities issued by investment companies,including open-end mutual funds,closed-end funds,unit investment trusts,business development companies (â€œBDCsâ€),private investment companies (including hedge funds and private equity funds),and foreign investment companies; U.S.government securities; securities issued by exchange-traded funds (â€œETFsâ€);securities issued by real estate investment trusts (â€œREITsâ€) and other issuers that invest,deal,or otherwise engage in transactions in real estate;debt securities; sovereign debt; currencies; asset-backed and mortgage-backed securities; derivative instruments including options,futures,forward contracts, swaps (including buying and selling credit default swaps),caps, floors, collars,indexed securities,currency related derivatives;commodity-linked derivatives; and other instruments,including repurchase agreements.Further,the Fund may engage in short sales of securities and other instruments to a substantial degree.The Fund may also borrow money for investment purposes,in amounts up to 10% of the Fundâ€™s net assets,a practice known as â€œleveraging.â€Compliance with this percentage limit is measured as of the time of the borrowing.Although the portfolio managers consider ratings in determining whether securities convertible into common stock or debt securities are appropriate investments for the Fund,such securities may include investments rated below investment grade,commonly known as â€œjunkâ€ bonds,and unrated securities.
|Asset Type||% Of Allocation|
|Total Net Assets||1.32 B|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$1000000|
|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|
|Life Of Fund||
|Symbol||Company Name||% Of Assets|
|DXC||DXC TECHNOLOGY COMPANY||4.64%|
|TEVA||TEVA PHARMACEUTICAL SP ADR||3.51%|
|AMZN||AMAZON COM INC||3.45%|
|OMF||ONEMAIN HOLDINGS INC||3.39%|
|NCLH||NORWEGIAN CRUISE LINE HOLDIN||3.07%|
|QUOT||QUOTIENT TECHNOLOGY INC||2.97%|
|BHC||BAUSCH HEALTH COMPANIES INC||2.95%|
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