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 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
19.4%
1 yr return
25.2%
3 Yr Avg Return
9.8%
5 Yr Avg Return
11.5%
Net Assets
$793 M
Holdings in Top 10
56.6%
Expense Ratio 0.81%
Front Load N/A
Deferred Load N/A
Turnover 11.00%
Redemption Fee N/A
Standard (Taxable)
$250,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities (the “80% Policy”). The Fund normally invests in approximately 25 to 40 companies. The Fund may invest in companies across a broad capitalization range, including smaller companies, but primarily invests in mid- to large-cap companies with capitalizations comparable to those companies included in the Russell 1000® Index. Although it invests primarily in U.S.-traded securities (including depositary receipts, such as American Depositary Receipts (“ADRs”), which are either sponsored or unsponsored, that evidence ownership in underlying foreign stocks), the Fund may invest up to 25% of its total assets in foreign securities, including those trading in developed and emerging markets, and may invest in publicly traded real estate investment trusts (“REITs”). The Fund may invest in exchange-traded funds (“ETFs”), a type of pooled investment vehicle, in order to manage cash positions or seek exposure to certain markets or market sectors. The Fund is “non-diversified” and may invest a greater percentage of its assets in the securities of a single issuer than a “diversified” fund. The Fund may also lend its securities.
Through investment in high quality companies, the portfolio management team seeks to build a portfolio that may participate in rising markets while minimizing participation in declining markets. Quality is determined by analysis of a company’s financial statements and is measured by a company’s demonstrated ability to consistently grow earnings over the long-term. The portfolio managers believe high quality companies typically have strong balance sheets, sustainable cash flow, enduring competitive advantages, long product cycles, and stable demand over a business cycle, among other characteristics. The portfolio managers may utilize “financial quality rankings” provided by nationally recognized rating services as additional information.
The portfolio managers are responsible for fundamental analysis and security selection. They typically seek to purchase stocks of companies they believe are capable of sustaining consistent earnings and operating cash flow growth while maintaining a strong financial condition. Portfolio managers tend to favor companies with shareholder-oriented management teams and business models that may provide consistent demand over a business cycle along with high barriers to entry. Investments are determined based primarily on fundamental analysis of a company’s financial trends, products and services and other factors including portfolio managers’ assessment of company management. The portfolio managers seek to manage portfolio risk by constructing a diversified portfolio of what they believe to be attractively valued companies. The portfolio managers may sell a security when its fundamentals deteriorate, when it is no longer attractively valued, or when other securities are identified to displace a current holding.
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.4% | 2.4% | 55.8% | 90.35% |
1 Yr | 25.2% | 4.7% | 67.4% | 90.35% |
3 Yr | 9.8%* | -21.2% | 27.7% | 28.19% |
5 Yr | 11.5%* | -12.8% | 30.5% | 92.95% |
10 Yr | 11.8%* | -4.5% | 20.3% | 81.15% |
* Annualized
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.8% | -74.1% | 72.4% | 88.69% |
2022 | -17.2% | -85.9% | 4.7% | 1.95% |
2021 | 8.1% | -52.4% | 60.5% | 51.82% |
2020 | 12.1% | -34.3% | 145.0% | 92.43% |
2019 | 37.2% | -6.9% | 49.4% | 2.14% |
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.4% | 2.4% | 55.8% | 90.35% |
1 Yr | 25.2% | 4.7% | 67.4% | 90.35% |
3 Yr | 9.8%* | -21.2% | 27.7% | 28.19% |
5 Yr | 11.5%* | -12.8% | 30.5% | 92.95% |
10 Yr | 11.8%* | -4.5% | 20.3% | 81.15% |
* Annualized
Period | ESEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | -4.6% | 72.4% | 92.06% |
2022 | -12.1% | -61.7% | 5.6% | 1.58% |
2021 | 15.5% | -39.8% | 118.1% | 79.51% |
2020 | 15.8% | 2.8% | 149.2% | 97.09% |
2019 | 38.5% | -5.2% | 49.4% | 7.54% |
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Net Assets | 793 M | 296 K | 287 B | 63.10% |
Number of Holdings | 29 | 2 | 3061 | 92.74% |
Net Assets in Top 10 | 457 M | 126 K | 150 B | 61.16% |
Weighting of Top 10 | 56.57% | 0.7% | 205.0% | 37.58% |
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
Stocks | 98.07% | 0.00% | 123.52% | 68.15% |
Cash | 1.99% | 0.00% | 173.52% | 25.23% |
Preferred Stocks | 0.00% | 0.00% | 8.45% | 63.97% |
Other | 0.00% | -36.56% | 50.35% | 66.79% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 58.82% |
Bonds | 0.00% | 0.00% | 102.71% | 59.80% |
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
Technology | 21.09% | 0.00% | 65.70% | 92.91% |
Financial Services | 18.20% | 0.00% | 43.06% | 7.27% |
Industrials | 16.13% | 0.00% | 30.65% | 4.27% |
Consumer Cyclical | 15.38% | 0.00% | 62.57% | 53.64% |
Healthcare | 13.92% | 0.00% | 39.76% | 37.73% |
Consumer Defense | 5.25% | 0.00% | 25.50% | 26.91% |
Communication Services | 5.04% | 0.00% | 66.40% | 88.64% |
Basic Materials | 4.99% | 0.00% | 18.91% | 8.91% |
Utilities | 0.00% | 0.00% | 16.07% | 70.45% |
Real Estate | 0.00% | 0.00% | 16.05% | 86.00% |
Energy | 0.00% | 0.00% | 41.09% | 81.27% |
Weighting | Return Low | Return High | ESEIX % Rank | |
---|---|---|---|---|
US | 98.07% | 0.00% | 123.52% | 57.26% |
Non US | 0.00% | 0.00% | 75.46% | 70.42% |
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.81% | 0.01% | 28.71% | 62.57% |
Management Fee | 0.69% | 0.00% | 1.50% | 69.20% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 79.68% |
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
ESEIX 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.
ESEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 11.00% | 0.00% | 316.74% | 11.20% |
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.58% | 77.75% |
ESEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
ESEIX | Category Low | Category High | ESEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.16% | -6.13% | 3.48% | 37.01% |
ESEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 12, 2023 | $0.833 | CapitalGainLongTerm |
Dec 13, 2022 | $1.753 | CapitalGainLongTerm |
Dec 01, 2021 | $2.081 | OrdinaryDividend |
Dec 01, 2020 | $0.984 | OrdinaryDividend |
Dec 03, 2019 | $0.021 | CapitalGainShortTerm |
Dec 03, 2019 | $0.230 | CapitalGainLongTerm |
Dec 04, 2018 | $0.045 | CapitalGainShortTerm |
Dec 04, 2018 | $0.862 | CapitalGainLongTerm |
Dec 05, 2017 | $0.327 | CapitalGainLongTerm |
Dec 08, 2016 | $0.003 | CapitalGainLongTerm |
Dec 10, 2015 | $0.106 | CapitalGainShortTerm |
Dec 10, 2015 | $0.440 | CapitalGainLongTerm |
Dec 11, 2014 | $0.030 | CapitalGainShortTerm |
Dec 11, 2014 | $0.185 | CapitalGainLongTerm |
Dec 12, 2013 | $0.006 | CapitalGainShortTerm |
Dec 12, 2013 | $0.043 | CapitalGainLongTerm |
Dec 13, 2012 | $0.009 | OrdinaryDividend |
Dec 13, 2012 | $0.033 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
William O. Bell, IV, CFA is a Vice President and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining the firm in 1999, Mr. Bell was a portfolio manager with the Florida State Board of Administration where he was responsible for managing their internal special situation equity fund. Mr. Bell holds the Chartered Financial Analyst designation and is a graduate of Florida State University where he earned a Bachelor of Science degree in Business.
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
Charles B. Reed, CFA is a Managing Director, Core Equity and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining the firm in 1998, Mr. Reed was a portfolio manager with the Florida State Board of Administration where he was responsible for managing their internal special situation equity fund. Mr. Reed holds the Chartered Financial Analyst designation and is a graduate of Florida State University where he earned a Bachelor of Science degree in Finance.
Start Date
Tenure
Tenure Rank
Jan 03, 2012
10.41
10.4%
W. Matthew Hereford, CFA is a Vice President and Principal of the firm. He serves as a portfolio manager for Atlanta Capital's Small Cap, SMID Cap and Select Equity portfolios. He is also a member of the Management Committee. Prior to joining Atlanta Capital in 2002, Mr. Hereford worked for five years at Invesco Ltd. where he was responsible for managing their Concentrated Equity Portfolio. Mr. Hereford is a graduate from the University of Mississippi, where he earned a Bachelor of Business Administration degree in International Business. Mr. Hereford holds the Chartered Financial Analyst designation and is a member of the Atlanta Society of Finance and Investment Professionals.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.25 | 3.08 |
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