Skip to main content

Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund s investment objective is to produce income and to provide an opportunity for growth of principal consistent with sound common stock investing. The fund invests primarily in common stocks of established companies that are listed on, or meet the financial listing requirements of, the New York Stock Exchange and have a strong record of earnings and dividends. The fund strives to accomplish its objective through fundamental research, careful selection and broad diversification. In the selection of common stocks and other securities for investment, current and potential income as well as the potential for long-term capital appreciation are considered. The fund seeks to provide an above-average yield in its quarterly income distribution in relation to the S&P 500 Index (a broad, unmanaged index). The fund strives to maintain a fully invested, diversified portfolio, consisting primarily of high-quality common stocks. The fund has Investment Standards originally based upon criteria established by the United States District Court for the District of Columbia for determining eligibility under the Court s Legal List procedure, which was in effect for many years. The fund has an Eligible List based on the Investment Standards of investments considered appropriate for a prudent investor seeking opportunities for income and growth of principal consistent with common stock investing. The investment adviser generates and maintains the Eligible List in compliance with the fund s Investment Standards and selects the fund s investments exclusively from the issuers on the Eligible List. The investment adviser uses a system of multiple portfolio managers in managing the fund s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the fund s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:14 PM ET 05/19/2022

Performance

  • 1 Week
  • -0.61%
  • 1 Month
  • -9.01%
  • 3 Months
  • -5.34%
  • 1 Yr Return
  • -5.36%
  • 5 Yr Return
  • +24.99%

Equity Sector Breakdown

Finance 25.94%
Technology 23.51%
IndustrialCyclical 12.15%
NonDurables 10.60%
Health 9.29%
RetailTrade 4.59%
Energy 4.19%
Utilities 2.87%
Services 1.84%
ConsumerDurables 1.01%

Asset Allocation

Asset Type % Of Allocation
Stocks 96.90%
ForeignStocks 6.20%
Cash 3.10%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 2.41 B

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.60 -0.11 -0.01
Beta 0.90 0.89 0.90
R Squared 0.94 0.94 0.95
Std Deviation 17.41 15.00 12.55
Sharpe Ratio 0.74 0.81 n/a

Purchase Information

as of 5:22 PM ET 05/18/2022
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • +4.92%
  • +16.00%
+4.92% +16.00%
3 Year
  • +11.87%
  • +15.51%
+11.87% +15.51%
10 Year
  • +12.32%
  • +13.10%
+12.32% +13.10%
Life Of Fund
  • +8.06%
  • +8.42%
+8.06% +8.42%

Top 10 Holdings

Symbol Company Name % Of Assets
MSFT MICROSOFT CORP 5.90%
AVGO BROADCOM INC 5.66%
UNH UNITEDHEALTH GROUP INC 3.78%
CMCSA COMCAST CORP 3.61%
SHRT TOTAL*SHORT TERM INVESTMENTS 3.36%
CVS CVS HEALTH CORP 2.20%
PFE PFIZER INC 2.12%
CME CME GROUP INC 2.07%
HD HOME DEPOT INC 2.04%
BLK BLACKROCK INC 2.03%

Recommended for You