Address And Details

601 Poydras St., Ste 1808 , New Orleans, LA 70130
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Villere Balanced Fund (the Balanced Fund or the Fund) seeks to achieve long-term capital growth consistent with preservation of capital and balanced by current income.The Balanced Fund pursues its investment objective by principally investing in a combination of common stocks of domestic companies with a minimum market capitalization of $150 million at the time of purchase, as well as high quality fixed-income obligations(i.e., U.S. government and corporate bonds, notes and bills).Under normal market conditions, the Balanced Fund invests 50% to 80% of its assets in equity securities selected primarily for their growth potential and 20% to 50% of its assets in equity and fixed-income securities selected primarily for their income potential. Additionally, the Balanced Fund may participate in securities lending arrangements with brokers, dealers and financial institutions (but not individuals) in order to increase the return on its portfolio. In selecting investments, the Adviser places a greater emphasis on the income component of the Funds portfolio than might be the case for a traditional equity fund.Of the securities selected for income potential, under normal market conditions, the Balanced Fund will invest at least 25% of its assets in fixed-income securities and short-term instruments. Fixed-income securities will primarily be investment grade, with maturities generally ranging from three to ten years, with an average maturity of approximately four years. The Balanced Fund may also invest up to 10% in domestic high yield debt or junk bonds (higher-risk, lower-rated fixed-income securities such as those rated lower than BBB- by S&P or lower than Baa3 by Moodys). The Balanced Fund's investments in any one sector may exceed 25% of its net assets.A stock will be considered for sale by the Balanced Fund when its price-to-earnings ratio substantially exceeds its growth rate or when other factors indicate to the Adviser that its competitive advantage is lost. The Adviser may sell a fixed-income security when there is perceived deterioration in the credit fundamentals of the issuer or if the Adviser believes it would be appropriate to do so in order to readjust the duration of the Funds investment portfolio. Sales may also be made when consecutive quarterly disappointments occur such as the company not meeting the Adviser s goals in revenue, earnings or cash flow.

Net Asset Value

as of 5:17 PM ET 10/22/2021

Performance

  • 1 Week
  • +1.05%
  • 1 Month
  • +2.28%
  • 3 Months
  • +4.02%
  • 1 Yr Return
  • +15.41%
  • 5 Yr Return
  • +34.38%

Equity Sector Breakdown

Finance 21.74%
Technology 14.47%
Health 14.11%
RetailTrade 9.57%
NonDurables 6.80%
IndustrialCyclical 2.46%
Services 1.28%
ConsumerDurables n/a
Energy n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 70.44%
Preferred 1.51%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 196.71 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -6.17 -5.01 -3.71
Beta 0.83 0.79 0.80
R Squared 0.84 0.76 0.73
Std Deviation 17.03 13.92 12.40
Sharpe Ratio 0.40 0.55 n/a

Purchase Information

as of 5:01 PM ET 10/21/2021
Minimum Initial $2000
Minimum Additional $500
Minimum Initial IRA $2000

Performance

Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +23.50%
  • +23.50%
+23.50% +23.50%
3 Year
  • +6.31%
  • +6.31%
+6.31% +6.31%
10 Year
  • +8.95%
  • +8.95%
+8.95% +8.95%
Life Of Fund
  • +7.86%
  • +7.86%
+7.86% +7.86%

Top 10 Holdings

Symbol Company Name % Of Assets
POOL POOL CORP 5.99%
V VISA INC 5.89%
EEFT EURONET WORLDWIDE INC 4.41%
FHB FIRST HAWAIIAN INC 4.30%
SYK STRYKER CORP 3.93%
KRNY KEARNY FINANCIAL CORPORATION 3.74%
LGND LIGAND PHARMACEUTICALS INCOR 3.73%
ROP ROPER TECHNOLOGIES INC 3.58%
VIAC VIACOMCBS INC 3.57%
ON ON SEMICONDUCTOR 3.43%

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