Address And Details
|7501 Wisconsin Ave., Suite 750W , Bethesda, MD 20814|
|Fund Manager||Shawn Hendon|
|Manager Tenure||5 Years|
Strategy And Objective
The Torray Fund s (the Fund ) investment objectives are to build investor wealth over extended periods and to minimize shareholder capital gains tax liability by limiting the realization of long- and short-term gains. The Fund views common stock ownership as an investment in a business, and therefore invests for the long term, employing a value-oriented approach to security selection. The Fund invests principally in common stock of large-capitalization companies that generally have demonstrated records of profitability, conservative financial structures, and shareholder-oriented management. The Fund seeks to invest in such companies when it believes that valuations are modest relative to earnings, cash flow or asset values. Large capitalization companies are those with market capitalizations of $8 billion or more. Investments are held as long as the issuers fundamentals remain intact, and the Fund believes issuers shares are reasonably valued. Ordinarily, 90% or more of the Fund s assets will be invested in common stocks to the extent the Fund can identify common stocks which satisfy its selection criteria, with the balance held in U.S. Treasury securities or other cash equivalents. Although the number of holdings may vary, the Fund usually holds between 25 and 40 stocks, with positions in individual issuers generally ranging between 2% and 4% of the Fund s assets. Generally, positions in individual issuers will not exceed 5% of Fund assets. The Fund will not invest in excess of 25% of its assets in any one industry and generally does not invest greater than 25% of its assets in any specific group of industries.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||381.20 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|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|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|BRK.B||BERKSHIRE HATHAWAY INC CL B||5.44%|
|AXP||AMERICAN EXPRESS COMPANY||4.90%|
|GD||GENERAL DYNAMICS CORP||4.74%|
|MMC||MARSH & MCLENNAN CO||4.73%|
|JNJ||JOHNSON & JOHNSON||4.51%|
|ETN||EATON CORP PLC||4.43%|
|JPM||JPMORGAN CHASE & CO||4.41%|
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