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Address And Details

One Franklin Pkwy , San Mateo, CA 94403
Fund Manager Keith Luh
Manager Tenure 11 Years 1 Months

Strategy And Objective

Capital appreciation, which may occasionally be short term. The secondary goal is income. Under normal market conditions, the Fund invests substantially to primarily in equity securities (including securities convertible into, or that the investment manager expects to be exchanged for, common or preferred stock) of U.S. and foreign companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). Following this value-oriented strategy, the Fund invests primarily in undervalued securities (securities trading at a discount to intrinsic value). The equity securities in which the Fund invests are primarily common stock. To a lesser extent, the Fund also invests in merger arbitrage securities and the debt and equity of distressed companies. The Fund is not limited to pre-set maximums or minimums governing the size of the companies in which it may invest. However, the Fund currently invests the equity portion of its portfolio primarily to predominantly in mid- and large cap companies, with the remaining portion of its equity portfolio in smaller companies. While the Fund does not concentrate in any one industry, from time to time, based on economic conditions, it may make significant investments in certain sectors. The Fund regularly attempts to hedge (protect) against currency risks, largely using currency forward contracts and currency futures contracts (including currency index futures contracts) when, in the investment manager s opinion, it would be advantageous to the Fund to do so. The Fund may also, from time to time, attempt to hedge against market risk using a variety of derivatives. The Fund may invest substantially and potentially up to 100% of its assets in foreign securities and participations in foreign government debt. Although the investment manager will search for investments across a large number of countries and regions, from time to time, based on economic conditions, the Fund may have significant positions in particular countries or regions. The Fund may, at times, maintain a large position in cash and cash equivalents (including money market funds).

Net Asset Value

as of 5:45 PM ET 01/24/2022

Performance

  • 1 Week
  • -2.02%
  • 1 Month
  • +2.76%
  • 3 Months
  • -0.95%
  • 1 Yr Return
  • +9.25%
  • 5 Yr Return
  • -5.59%

Equity Sector Breakdown

Technology 25.19%
Finance 17.42%
NonDurables 9.70%
IndustrialCyclical 9.37%
Utilities 4.33%
Health 3.70%
Energy 2.94%
Services 1.66%
RetailTrade 0.92%
ConsumerDurables 0.78%

Asset Allocation

Asset Type % Of Allocation
Stocks 84.93%
ForeignStocks 33.44%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 734.54 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -10.97 -8.48 -4.53
Beta 0.77 0.72 0.71
R Squared 0.78 0.75 0.75
Std Deviation 15.31 12.89 10.77
Sharpe Ratio 0.48 0.29 n/a

Purchase Information

as of 5:56 PM ET 01/21/2022
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • +11.26%
  • +11.26%
+11.26% +11.26%
3 Year
  • +6.89%
  • +6.89%
+6.89% +6.89%
10 Year
  • +6.75%
  • +6.75%
+6.75% +6.75%
Life Of Fund
  • +7.66%
  • +7.66%
+7.66% +7.66%

Top 10 Holdings

Symbol Company Name % Of Assets
OTHER TOTAL*OTHER 9.77%
CPBD TOTAL*CORPORATE BONDS 6.02%
USBD TOTAL*US GOVT BONDS 4.68%
MRK MERCK & CO INC 3.66%
XLNX XILINX INC 3.01%
BATS.L BRITISH AMERICAN TOBACCO 3.00%
VOYA VOYA FINANCIAL INC 2.95%
HIG HARTFORD FINANCIAL SERVICES G 2.82%
WLTW WILLIS TOWERS WATSON PUBLIC 2.71%
CHKP CHECK POINT SOFTWARE TECH 2.70%

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