Continue to site >
Trending ETFs

Ariel Focus Fund

mutual fund
AFOYX
Payout Change
Pending
Price as of:
$16.86 -0.02 -0.12%
primary theme
U.S. Mid-Cap Value Equity
share class
AFOYX (Mutual Fund)

Ariel Focus Fund

Payout Change
Pending
Price as of:
$16.86 -0.02 -0.12%
primary theme
U.S. Mid-Cap Value Equity
share class
AFOYX (Mutual Fund)

Ariel Focus Fund

Payout Change
Pending
Price as of:
$16.86 -0.02 -0.12%
primary theme
U.S. Mid-Cap Value Equity
share class

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Ariel Focus Fund

AFOYX | Fund

$16.86

$68 M

0.00%

0.86%

Vitals

YTD Return

15.1%

1 yr return

28.2%

3 Yr Avg Return

2.8%

5 Yr Avg Return

8.4%

Net Assets

$68 M

Holdings in Top 10

53.3%

52 WEEK LOW AND HIGH

$16.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 63.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

$1,000,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Ariel Focus Fund

AFOYX | Fund

$16.86

$68 M

0.00%

0.86%

AFOYX - Profile

Distributions

  • YTD Total Return 15.1%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Ariel Focus Fund
  • Fund Family Name
    Ariel Investments
  • Inception Date
    Jun 30, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Charles Bobrinskoy

Fund Description

The Fund invests primarily in equity securities of companies of any size in order to provide investors access to superior opportunities in companies of all market capitalizations.
The Fund’s strategy is rooted in the contrarian investment philosophy of Ariel Investments, LLC, which depends on four interrelated tenets: Active Patience®, Independent Thinking, Focused Expertise, and Bold Teamwork.
Active Patience. We generally seek to own differentiated companies with certain characteristics, such as strong cash flows, low debt, quality products or services, significant barriers to entry, predictable fundamentals that allow for the potential for double-digit earnings growth (at time of initial purchase), and low reinvestment requirements. We take a long-term view, and look past short-term price volatility, seeking to hold investments for a relatively long period of time—generally three to five years. However, the holding period may vary for any particular stock. Our long-term approach enables the Fund’s investment team to research a company and wait as long as necessary for a stock to reach a price we view as undervalued relative to our internally generated estimate of its intrinsic worth (“private market value”).
Independent Thinking. We make opportunistic purchases when we see value in companies that are temporarily out of favor, misunderstood or ignored—trading at a low valuation relative to potential earnings and/or at a discount to the team’s estimate of intrinsic worth. We perform our own original proprietary research that often leads us to buy when others are
selling and to sell when others are buying. The primary reasons a stock will be sold are: (i) if its valuation reaches our determination of its private market value, (ii) if a better opportunity for investment presents itself, or (iii) if there are material adverse changes to a company’s fundamentals.
Focused Expertise. We seek to invest within our circle of competence, allowing us to build expertise and accumulate deep knowledge in specific sectors, to isolate key issues of importance, and to have strong convictions in the stocks purchased and held. This often results in the Fund investing
in fewer sectors than its respective benchmark. The Fund is a non‑diversified fund, which means it can hold as few as 12 securities in its portfolio. However, the Fund generally will hold between 20‑30 securities. We also integrate environmental, social, and governance considerations across our investment process as part of the broader review of material risks and opportunities for a given investment. The Fund does not invest in companies whose primary source of revenue is derived from the production or sale of tobacco products, the manufacture of firearms, or the operation of for‑profit prisons. Our investment team believes these industries may be more likely to face shrinking growth prospects, litigation costs and legal liability that cannot be quantified.
Bold Teamwork. No one person is sufficient to our shareholders’ success. Different approaches and opinions allow our domestic research team to constantly learn, improve and aspire to exceed expectations. Our investment professionals seek to leverage their contacts and knowledge, while also striving to work collaboratively with a shared commitment to excellence.
Read More

AFOYX - Performance

Return Ranking - Trailing

Period AFOYX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.1% 2.2% 24.2% 14.84%
1 Yr 28.2% 13.0% 44.2% 40.93%
3 Yr 2.8%* -2.8% 14.1% 84.96%
5 Yr 8.4%* 0.5% 16.7% 70.29%
10 Yr 6.8%* 1.4% 11.6% 85.34%

* Annualized

Return Ranking - Calendar

Period AFOYX Return Category Return Low Category Return High Rank in Category (%)
2023 3.4% -11.3% 33.3% 84.02%
2022 -16.0% -41.6% 2.3% 63.51%
2021 17.3% -41.5% 44.9% 58.66%
2020 4.4% -29.0% 22.1% 23.30%
2019 24.4% -8.1% 31.2% 36.07%

Total Return Ranking - Trailing

Period AFOYX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.1% 2.2% 24.2% 14.84%
1 Yr 28.2% 13.0% 44.2% 40.93%
3 Yr 2.8%* -2.8% 14.1% 84.96%
5 Yr 8.4%* 0.5% 16.7% 70.29%
10 Yr 6.8%* 1.4% 11.6% 85.34%

* Annualized

Total Return Ranking - Calendar

Period AFOYX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -1.7% 36.5% 97.80%
2022 -9.0% -35.0% 2.4% 61.00%
2021 21.5% 6.2% 48.3% 90.22%
2020 7.2% -22.9% 23.2% 16.48%
2019 25.9% -3.0% 35.7% 58.06%

NAV & Total Return History


AFOYX - Holdings

Concentration Analysis

AFOYX Category Low Category High AFOYX % Rank
Net Assets 68 M 991 K 28 B 89.29%
Number of Holdings 28 8 2308 98.08%
Net Assets in Top 10 34.7 M 319 K 5.52 B 81.59%
Weighting of Top 10 53.27% 4.6% 100.2% 4.12%

Top 10 Holdings

  1. Goldman Sachs Group, Inc. COM USD0.01 6.71%
  2. Oracle Corp. COM USD0.01 6.46%
  3. Snap-On Incorporated COM USD1 5.75%
  4. BOK Financial Corp COM USD0.00006 5.51%
  5. Bank of America Corp. COM USD0.01 5.34%
  6. Mohawk Industries, Inc. COM USD0.01 5.21%
  7. Lockheed Martin Corporation COM USD1.00 4.75%
  8. APA Corp. COM 4.69%
  9. Resideo Technologies Inc COM USD0.001 4.55%
  10. Phinia Inc. COMMON STOCK 4.29%

Asset Allocation

Weighting Return Low Return High AFOYX % Rank
Stocks
98.52% 56.67% 103.53% 53.85%
Cash
1.48% 0.00% 38.75% 50.27%
Preferred Stocks
0.00% 0.00% 1.68% 11.26%
Other
0.00% -0.10% 7.30% 38.19%
Convertible Bonds
0.00% 0.00% 0.02% 1.66%
Bonds
0.00% 0.00% 19.09% 6.32%

Stock Sector Breakdown

Weighting Return Low Return High AFOYX % Rank
Financial Services
26.21% 0.00% 60.11% 6.91%
Industrials
15.90% 0.00% 29.02% 48.07%
Healthcare
14.93% 0.00% 32.47% 7.73%
Basic Materials
11.24% 0.00% 23.88% 4.14%
Consumer Cyclical
9.93% 0.00% 29.62% 65.47%
Energy
7.85% 0.00% 29.17% 41.71%
Communication Services
7.70% 0.00% 19.80% 10.22%
Technology
3.63% 0.00% 30.07% 94.20%
Consumer Defense
2.61% 0.00% 33.79% 86.74%
Utilities
0.00% 0.00% 24.69% 89.78%
Real Estate
0.00% 0.00% 40.74% 91.99%

Stock Geographic Breakdown

Weighting Return Low Return High AFOYX % Rank
US
98.52% 56.67% 103.53% 40.38%
Non US
0.00% 0.00% 33.85% 26.92%

AFOYX - Expenses

Operational Fees

AFOYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.06% 16.92% 67.49%
Management Fee 0.65% 0.00% 1.20% 39.01%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

AFOYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

AFOYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

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.

AFOYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 0.00% 227.00% 71.08%

AFOYX - Distributions

Dividend Yield Analysis

AFOYX Category Low Category High AFOYX % Rank
Dividend Yield 0.00% 0.00% 22.79% 48.48%

Dividend Distribution Analysis

AFOYX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

AFOYX Category Low Category High AFOYX % Rank
Net Income Ratio 1.14% -1.84% 4.73% 24.93%

Capital Gain Distribution Analysis

AFOYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

AFOYX - Fund Manager Analysis

Managers

Charles Bobrinskoy


Start Date

Tenure

Tenure Rank

Jun 30, 2005

16.93

16.9%

Charles K. Bobrinskoy, Vice Chairman and Head of Investment Group, Ariel Investments. Prior to joining Ariel in 2004, Charlie spent 21 years working at Citigroup and its predecessor company, Salomon Brothers, Inc., where he served in a variety of leadership positions, ultimately becoming Managing Director and Head of North American Investment Banking Branch Offices.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.16 10.92