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Address And Details

875 Third Avenue , New York, NY 10022
Fund Manager Sebastian Werner
Manager Tenure 3 Years 11 Months

Strategy And Objective

The fund seeks to maximize total return. Main investments. Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes (measured at the time of investment), in securities of companies in the communications field. The fund may not invest less than 65% of its total assets in the communications field, except as described in the prospectus. The fund normally focuses on the securities of US and foreign companies that are engaged in the research, development, manufacture or sale of communications services, technology, equipment or products. The fund may invest in common stocks and other dividend or interest paying securities, such as convertible securities (both preferred stocks and bonds), bonds and short-term cash equivalents. The fund may invest without limit in stocks and other securities of companies not publicly traded in the United States, including securities traded mainly in emerging markets. The fund may invest in initial public offerings. The fund may also invest in the equity securities of real estate investment trusts (REITs). Management process. The fund seeks to achieve its objective through a combination of long-term growth of capital and, to a lesser extent, current income. In choosing securities, portfolio management emphasizes investments in companies offering products, services and enabling technologies in a wide spectrum from traditional communications to newer data-centric communications like the Internet and corporate networks. Portfolio management may consider information about Environmental, Social and Governance (ESG) issues in its fundamental research process and when making investment decisions. Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, banks and pooled investment vehicles.

Net Asset Value

as of 5:00 PM ET 11/26/2021

Performance

  • 1 Week
  • -2.97%
  • 1 Month
  • -4.28%
  • 3 Months
  • -7.27%
  • 1 Yr Return
  • +15.06%
  • 5 Yr Return
  • +41.88%

Equity Sector Breakdown

Technology 46.87%
NonDurables 27.02%
Finance 16.20%
Utilities 3.38%
RetailTrade 0.71%
Services 0.60%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 96.28%
ForeignStocks 8.39%
Convertible 2.57%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 109.75 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.83 -2.41 -1.39
Beta 0.86 0.83 0.83
R Squared 0.86 0.74 0.70
Std Deviation 17.15 14.80 12.95
Sharpe Ratio 1.23 0.86 n/a

Purchase Information

as of 5:00 PM ET 11/24/2021
Minimum Initial $1000
Minimum Additional $50
Minimum Initial IRA $500

Performance

Timeframe Average Annual Current Performance Monthly As Of 10/31/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 10/31/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +31.80%
  • +32.18%
+31.80% +32.18%
3 Year
  • +20.60%
  • +17.80%
+20.60% +17.80%
10 Year
  • +11.70%
  • +12.19%
+11.70% +12.19%
Life Of Fund
  • +10.03%
  • +10.01%
+10.03% +10.01%

Top 10 Holdings

Symbol Company Name % Of Assets
DIS WALT DISNEY CO 7.03%
NFLX NETFLIX COM INC 4.87%
CHTR CHARTER COMMUNICATIONS INC N 3.66%
VZ VERIZON COMMUNICATIONS INC 3.56%
CMCSA COMCAST CORP 3.44%
TMUS T MOBILE US 3.38%
SNAP SNAP INC. 2.62%
MTCH MATCH GROUP INC 2.28%
ATVI ACTIVISION BLIZZARD INC 2.06%
FB META PLATFORMS INC 16.20%

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