Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
18.0%
1 yr return
27.3%
3 Yr Avg Return
4.4%
5 Yr Avg Return
9.3%
Net Assets
$1.56 B
Holdings in Top 10
44.5%
Expense Ratio 0.82%
Front Load N/A
Deferred Load N/A
Turnover 7.00%
Redemption Fee N/A
Standard (Taxable)
$100,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal market circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, are invested in income-producing equity and equity-related investments. The Fund’s investments in equity and equity-related investments include U.S. common stocks, American Depositary Receipts (“ADRs”), U.S. dollar-denominated foreign stocks traded on U.S. exchanges, preferred stocks, and real estate investment trusts (“REITs”). An income-producing investment is one that has issued dividend income to investors within the past year.
The Fund’s investment sub-advisor, The London Company of Virginia, LLC (“The London Company”), emphasizes investments in profitable, financially stable, core companies that focus on generating high dividend income, are run by shareholder-oriented management with strong corporate governance practices and trade at reasonable valuations relative to their peers and market, which may include investments in growth companies. The London Company also seeks companies with high return on capital, consistent free cash flow generation, predictability and stability. The London Company employs an investment process with bottom-up, fundamental analysis and follows a strict sell discipline.
The Fund may invest in large- and mid-capitalization companies and will typically hold 30 to 40 issuers. The Fund may invest cash balances in other investment companies, including a government money market fund advised by the Manager, with respect to which the Manager also earns a management fee. The Fund also may purchase and sell equity index futures contracts to gain market exposure on cash balances or reduce market exposure in anticipation of liquidity needs. The Fund may seek to earn additional income by lending its securities to certain qualified broker-dealers and institutions.
Period | ABCYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.0% | -6.9% | 47.5% | 59.59% |
1 Yr | 27.3% | 7.5% | 72.9% | 81.09% |
3 Yr | 4.4%* | -3.4% | 32.6% | 93.03% |
5 Yr | 9.3%* | -0.1% | 45.9% | 78.07% |
10 Yr | 9.0%* | 1.7% | 25.3% | 51.69% |
* Annualized
Period | ABCYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -16.9% | 46.1% | 72.28% |
2022 | -15.7% | -64.7% | 4.6% | 78.99% |
2021 | 23.3% | -44.2% | 57.5% | 16.15% |
2020 | 5.4% | -23.2% | 285.0% | 12.71% |
2019 | 18.0% | -21.4% | 48.5% | 59.43% |
Period | ABCYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.0% | -6.9% | 47.5% | 59.59% |
1 Yr | 27.3% | 7.5% | 72.9% | 81.09% |
3 Yr | 4.4%* | -3.4% | 32.6% | 93.03% |
5 Yr | 9.3%* | -0.1% | 45.9% | 78.07% |
10 Yr | 9.0%* | 1.7% | 25.3% | 51.69% |
* Annualized
Period | ABCYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | -15.9% | 46.7% | 86.10% |
2022 | -11.8% | -42.0% | 8.5% | 91.32% |
2021 | 26.1% | 3.6% | 129.7% | 47.60% |
2020 | 8.8% | -22.6% | 304.8% | 13.89% |
2019 | 28.4% | -12.7% | 52.1% | 21.10% |
ABCYX | Category Low | Category High | ABCYX % Rank | |
---|---|---|---|---|
Net Assets | 1.56 B | 1.97 M | 163 B | 41.05% |
Number of Holdings | 33 | 2 | 1727 | 92.84% |
Net Assets in Top 10 | 643 M | 433 K | 37.8 B | 32.78% |
Weighting of Top 10 | 44.47% | 4.4% | 99.1% | 8.46% |
Weighting | Return Low | Return High | ABCYX % Rank | |
---|---|---|---|---|
Stocks | 96.49% | 7.19% | 103.40% | 77.32% |
Cash | 4.51% | 0.00% | 36.15% | 12.21% |
Other | 0.10% | -2.59% | 36.68% | 20.48% |
Preferred Stocks | 0.00% | 0.00% | 15.27% | 13.22% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 7.66% |
Bonds | 0.00% | 0.00% | 78.06% | 12.12% |
Weighting | Return Low | Return High | ABCYX % Rank | |
---|---|---|---|---|
Technology | 19.38% | 0.00% | 54.02% | 6.95% |
Consumer Defense | 15.27% | 0.00% | 34.10% | 6.12% |
Financial Services | 13.50% | 0.00% | 58.05% | 89.34% |
Industrials | 12.54% | 0.00% | 42.76% | 35.50% |
Healthcare | 11.11% | 0.00% | 30.08% | 92.12% |
Communication Services | 7.17% | 0.00% | 26.58% | 27.15% |
Consumer Cyclical | 6.63% | 0.00% | 22.74% | 37.91% |
Real Estate | 4.24% | 0.00% | 90.54% | 30.31% |
Utilities | 3.76% | 0.00% | 27.04% | 61.72% |
Energy | 3.34% | 0.00% | 54.00% | 89.99% |
Basic Materials | 3.07% | 0.00% | 21.69% | 57.18% |
Weighting | Return Low | Return High | ABCYX % Rank | |
---|---|---|---|---|
US | 96.49% | 7.19% | 103.40% | 59.60% |
Non US | 0.00% | 0.00% | 24.08% | 35.72% |
ABCYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.03% | 14.82% | 58.16% |
Management Fee | 0.65% | 0.00% | 1.50% | 65.01% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 1.25% |
Administrative Fee | N/A | 0.00% | 0.50% | 90.47% |
ABCYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
ABCYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ABCYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 488.00% | 3.11% |
ABCYX | Category Low | Category High | ABCYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.78% | 0.00% | 16.67% | 48.25% |
ABCYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Quarterly | Quarterly |
ABCYX | Category Low | Category High | ABCYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.60% | -1.51% | 4.28% | 35.24% |
ABCYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 01, 2024 | $0.016 | OrdinaryDividend |
Oct 01, 2024 | $0.039 | OrdinaryDividend |
Sep 03, 2024 | $0.045 | OrdinaryDividend |
Aug 01, 2024 | $0.024 | OrdinaryDividend |
May 01, 2024 | $0.026 | OrdinaryDividend |
Apr 01, 2024 | $0.043 | OrdinaryDividend |
Mar 01, 2024 | $0.043 | OrdinaryDividend |
Feb 01, 2024 | $0.025 | OrdinaryDividend |
Dec 29, 2023 | $0.049 | OrdinaryDividend |
Dec 01, 2023 | $0.038 | OrdinaryDividend |
Nov 01, 2023 | $0.018 | OrdinaryDividend |
Oct 02, 2023 | $0.042 | OrdinaryDividend |
Sep 01, 2023 | $0.046 | OrdinaryDividend |
Aug 01, 2023 | $0.031 | OrdinaryDividend |
Jul 03, 2023 | $0.043 | OrdinaryDividend |
Jun 01, 2023 | $0.041 | OrdinaryDividend |
May 01, 2023 | $0.024 | OrdinaryDividend |
Apr 03, 2023 | $0.049 | OrdinaryDividend |
Mar 01, 2023 | $0.031 | OrdinaryDividend |
Feb 01, 2023 | $0.026 | OrdinaryDividend |
Dec 30, 2022 | $0.042 | OrdinaryDividend |
Dec 22, 2022 | $0.541 | CapitalGainLongTerm |
Dec 01, 2022 | $0.033 | OrdinaryDividend |
Nov 01, 2022 | $0.020 | OrdinaryDividend |
Oct 03, 2022 | $0.040 | OrdinaryDividend |
Sep 01, 2022 | $0.034 | OrdinaryDividend |
Aug 01, 2022 | $0.032 | OrdinaryDividend |
Jul 01, 2022 | $0.038 | OrdinaryDividend |
Jun 01, 2022 | $0.035 | OrdinaryDividend |
May 02, 2022 | $0.019 | OrdinaryDividend |
Apr 01, 2022 | $0.036 | OrdinaryDividend |
Mar 01, 2022 | $0.030 | OrdinaryDividend |
Feb 01, 2022 | $0.022 | OrdinaryDividend |
Dec 31, 2021 | $0.045 | OrdinaryDividend |
Dec 22, 2021 | $0.137 | OrdinaryDividend |
Dec 01, 2021 | $0.023 | OrdinaryDividend |
Nov 01, 2021 | $0.016 | OrdinaryDividend |
Oct 01, 2021 | $0.033 | OrdinaryDividend |
Sep 01, 2021 | $0.028 | OrdinaryDividend |
Aug 02, 2021 | $0.033 | OrdinaryDividend |
Jul 01, 2021 | $0.035 | OrdinaryDividend |
Jun 01, 2021 | $0.026 | OrdinaryDividend |
May 03, 2021 | $0.023 | OrdinaryDividend |
Apr 01, 2021 | $0.034 | OrdinaryDividend |
Mar 01, 2021 | $0.028 | OrdinaryDividend |
Feb 01, 2021 | $0.023 | OrdinaryDividend |
Dec 31, 2020 | $0.038 | OrdinaryDividend |
Dec 11, 2020 | $0.210 | OrdinaryDividend |
Dec 01, 2020 | $0.026 | OrdinaryDividend |
Nov 02, 2020 | $0.013 | OrdinaryDividend |
Oct 01, 2020 | $0.035 | OrdinaryDividend |
Sep 01, 2020 | $0.026 | OrdinaryDividend |
Aug 03, 2020 | $0.021 | OrdinaryDividend |
Jul 01, 2020 | $0.031 | OrdinaryDividend |
Jun 01, 2020 | $0.039 | OrdinaryDividend |
May 01, 2020 | $0.016 | OrdinaryDividend |
Apr 01, 2020 | $0.027 | OrdinaryDividend |
Mar 02, 2020 | $0.045 | OrdinaryDividend |
Feb 03, 2020 | $0.022 | OrdinaryDividend |
Dec 31, 2019 | $0.034 | OrdinaryDividend |
Dec 20, 2019 | $0.029 | CapitalGainShortTerm |
Dec 20, 2019 | $1.146 | CapitalGainLongTerm |
Dec 02, 2019 | $0.038 | OrdinaryDividend |
Nov 01, 2019 | $0.025 | OrdinaryDividend |
Oct 01, 2019 | $0.028 | OrdinaryDividend |
Sep 03, 2019 | $0.045 | OrdinaryDividend |
Aug 01, 2019 | $0.022 | OrdinaryDividend |
Jul 01, 2019 | $0.025 | OrdinaryDividend |
Jun 03, 2019 | $0.051 | OrdinaryDividend |
May 01, 2019 | $0.018 | OrdinaryDividend |
Apr 01, 2019 | $0.023 | OrdinaryDividend |
Mar 01, 2019 | $0.039 | OrdinaryDividend |
Feb 01, 2019 | $0.029 | OrdinaryDividend |
Dec 31, 2018 | $0.043 | OrdinaryDividend |
Dec 20, 2018 | $0.026 | CapitalGainShortTerm |
Dec 20, 2018 | $0.248 | CapitalGainLongTerm |
Dec 03, 2018 | $0.046 | OrdinaryDividend |
Nov 01, 2018 | $0.012 | OrdinaryDividend |
Sep 04, 2018 | $0.054 | OrdinaryDividend |
Aug 01, 2018 | $0.013 | OrdinaryDividend |
Jul 02, 2018 | $0.021 | OrdinaryDividend |
Jun 01, 2018 | $0.052 | OrdinaryDividend |
May 01, 2018 | $0.009 | OrdinaryDividend |
Apr 02, 2018 | $0.023 | OrdinaryDividend |
Mar 01, 2018 | $0.049 | OrdinaryDividend |
Feb 01, 2018 | $0.015 | OrdinaryDividend |
Jan 02, 2018 | $0.023 | OrdinaryDividend |
Dec 01, 2017 | $0.044 | OrdinaryDividend |
Nov 01, 2017 | $0.015 | OrdinaryDividend |
Oct 02, 2017 | $0.025 | OrdinaryDividend |
Sep 01, 2017 | $0.047 | OrdinaryDividend |
Aug 01, 2017 | $0.016 | OrdinaryDividend |
Jul 03, 2017 | $0.027 | OrdinaryDividend |
Jun 01, 2017 | $0.038 | OrdinaryDividend |
May 01, 2017 | $0.013 | OrdinaryDividend |
Apr 03, 2017 | $0.024 | OrdinaryDividend |
Mar 01, 2017 | $0.041 | OrdinaryDividend |
Feb 01, 2017 | $0.015 | OrdinaryDividend |
Jan 03, 2017 | $0.019 | OrdinaryDividend |
Dec 22, 2016 | $0.098 | CapitalGainLongTerm |
Dec 01, 2016 | $0.037 | OrdinaryDividend |
Nov 01, 2016 | $0.015 | OrdinaryDividend |
Oct 03, 2016 | $0.023 | OrdinaryDividend |
Sep 01, 2016 | $0.039 | OrdinaryDividend |
Aug 01, 2016 | $0.010 | OrdinaryDividend |
Jul 01, 2016 | $0.034 | OrdinaryDividend |
Jun 01, 2016 | $0.032 | OrdinaryDividend |
May 02, 2016 | $0.014 | OrdinaryDividend |
Apr 01, 2016 | $0.030 | OrdinaryDividend |
Mar 01, 2016 | $0.032 | OrdinaryDividend |
Feb 01, 2016 | $0.011 | OrdinaryDividend |
Jan 04, 2016 | $0.034 | OrdinaryDividend |
Dec 01, 2015 | $0.031 | OrdinaryDividend |
Nov 02, 2015 | $0.021 | OrdinaryDividend |
Oct 01, 2015 | $0.029 | OrdinaryDividend |
Sep 01, 2015 | $0.031 | OrdinaryDividend |
Aug 03, 2015 | $0.020 | OrdinaryDividend |
Jul 01, 2015 | $0.028 | OrdinaryDividend |
Jun 01, 2015 | $0.037 | OrdinaryDividend |
May 01, 2015 | $0.015 | OrdinaryDividend |
Apr 01, 2015 | $0.031 | OrdinaryDividend |
Mar 02, 2015 | $0.033 | OrdinaryDividend |
Feb 02, 2015 | $0.014 | OrdinaryDividend |
Jan 02, 2015 | $0.031 | OrdinaryDividend |
Dec 22, 2014 | $0.032 | CapitalGainShortTerm |
Dec 22, 2014 | $0.090 | CapitalGainLongTerm |
Dec 01, 2014 | $0.031 | OrdinaryDividend |
Nov 03, 2014 | $0.011 | OrdinaryDividend |
Oct 01, 2014 | $0.032 | OrdinaryDividend |
Sep 02, 2014 | $0.028 | OrdinaryDividend |
Aug 01, 2014 | $0.018 | OrdinaryDividend |
Jul 01, 2014 | $0.032 | OrdinaryDividend |
Jun 02, 2014 | $0.037 | OrdinaryDividend |
May 01, 2014 | $0.008 | OrdinaryDividend |
Apr 01, 2014 | $0.019 | OrdinaryDividend |
Mar 03, 2014 | $0.036 | OrdinaryDividend |
Feb 03, 2014 | $0.007 | OrdinaryDividend |
Jan 02, 2014 | $0.020 | OrdinaryDividend |
Dec 20, 2013 | $0.054 | CapitalGainShortTerm |
Dec 20, 2013 | $0.035 | CapitalGainLongTerm |
Dec 02, 2013 | $0.028 | OrdinaryDividend |
Nov 01, 2013 | $0.016 | OrdinaryDividend |
Oct 01, 2013 | $0.025 | OrdinaryDividend |
Sep 03, 2013 | $0.021 | OrdinaryDividend |
Aug 01, 2013 | $0.023 | OrdinaryDividend |
Jul 01, 2013 | $0.026 | OrdinaryDividend |
Jun 03, 2013 | $0.025 | OrdinaryDividend |
May 01, 2013 | $0.011 | OrdinaryDividend |
Apr 01, 2013 | $0.019 | OrdinaryDividend |
Mar 01, 2013 | $0.022 | OrdinaryDividend |
Feb 01, 2013 | $0.008 | OrdinaryDividend |
Jan 02, 2013 | $0.026 | OrdinaryDividend |
Dec 20, 2012 | $0.003 | CapitalGainShortTerm |
Dec 20, 2012 | $0.005 | CapitalGainLongTerm |
Dec 03, 2012 | $0.086 | OrdinaryDividend |
Nov 01, 2012 | $0.031 | OrdinaryDividend |
Oct 01, 2012 | $0.030 | OrdinaryDividend |
Sep 04, 2012 | $0.016 | OrdinaryDividend |
Aug 01, 2012 | $0.016 | OrdinaryDividend |
Jul 02, 2012 | $0.025 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
J. Brian Campbell CFA, Co-Lead Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2010. Prior to joining The London Company, he was a Portfolio Manager and the Director of Research at Hilliard Lyons Capital Management from 2004 to 2010. He has over 15 years of investment experience.
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Mark E. DeVaul CFA, CPA, Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2011. Previously he served as Portfolio Manager at Beacon Capital Management from 2010 to 2011 and Equity Research Analyst at Nuveen Investments from 2002 to 2009. He has over 20 years of investment experience.
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Stephen M. Goddard, CFA, is Founder, Managing Principal, Chief Investment Officer, Lead Portfolio Manager of The London Company, and heads the firm’s investment committee. Beginning his career as an analyst in 1985 for Scott & Stringfellow, followed by Senior Portfolio Management positions at CFB Advisory in 1988 and Flippin, Bruce & Porter in 1990. A CFA charterholder, member of the CFA Society Virginia, and a former Board member of the Virginia Asset Management Investment Corporation. Mr. Goddard earned his B.A. in Economics from Virginia Military Institute and a MBA from the University of Richmond. Mr. Goddard is a member of the Executive Advisory Council (EAC) of the Robins School of Business at the University of Richmond and also serves as a member of the Virginia Military Institute Foundation Investment Committee.
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Jonathan Moody CFA, Principal and Portfolio Manager, joined The London Company of Virginia, LLC in 2002. He has served as a Portfolio Manager since 2002 and has been a Principal since 2010. Previously, he founded Primary Research Group. Mr. Moody started his career at Woodward and Associates in 1986, followed by analyst/portfolio manager positions at Piedmont Capital and Crestar Asset Management (now Trusco) in 1997 to 1998. Mr. Moody also worked at BB&T Capital Markets from 1999 to 2001. Mr. Moody performed his graduate studies in Biomedical Engineering at the University of North Carolina at Chapel Hill and received his BS in Electrical Engineering from the Virginia Military Institute in 1986. Mr. Moody is a CFA charterholder and a member of the CFA Society Virginia.
Start Date
Tenure
Tenure Rank
Dec 29, 2020
1.42
1.4%
Sam Hutchings, CFA, Principal and Portfolio Manager, is jointly and primarily responsible for the management of the Fund. Prior to joining The London Company in 2015, he worked for FactSet Research Systems as a Senior Consultant and for Eaton Vance Investment Managers as a Research Associate. Mr. Hutchings has over 9 years of experience working in the investment management industry. Mr. Hutchings received his BA from the College of the Holy Cross and his MBA from the Darden School of Business at the University of Virginia. Mr. Hutchings is a CFA charterholder and a member of the CFA Society Virginia.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.08 | 6.71 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...