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Trending ETFs

Frank Value Fund

mutual fund
FNKIX
Payout Change
Pending
Price as of:
$16.18 +0.03 +0.19%
primary theme
U.S. Mid-Cap Blend Equity
FNKIX (Mutual Fund)

Frank Value Fund

Payout Change
Pending
Price as of:
$16.18 +0.03 +0.19%
primary theme
U.S. Mid-Cap Blend Equity
FNKIX (Mutual Fund)

Frank Value Fund

Payout Change
Pending
Price as of:
$16.18 +0.03 +0.19%
primary theme
U.S. Mid-Cap Blend Equity

Name

As of 10/08/2024

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

Frank Value Fund

FNKIX | Fund

$16.18

$21.1 M

2.82%

$0.46

1.14%

Vitals

YTD Return

12.5%

1 yr return

24.6%

3 Yr Avg Return

11.0%

5 Yr Avg Return

10.7%

Net Assets

$21.1 M

Holdings in Top 10

56.3%

52 WEEK LOW AND HIGH

$16.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 54.94%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/08/2024

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

Frank Value Fund

FNKIX | Fund

$16.18

$21.1 M

2.82%

$0.46

1.14%

FNKIX - Profile

Distributions

  • YTD Total Return 12.5%
  • 3 Yr Annualized Total Return 11.0%
  • 5 Yr Annualized Total Return 10.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.99%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Frank Value Fund
  • Fund Family Name
    Frank Funds
  • Inception Date
    Sep 27, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Frank

Fund Description

The Fund’s principal investment strategy is value investing. The Fund invests in common stock of U.S. companies that the Fund’s adviser, Frank Capital Partners LLC (the “Adviser”), believes are underpriced based on the company’s intrinsic value. The Adviser defines intrinsic value as the price an intelligent and informed business owner would pay for the enterprise, and is independent from the current selling price in the stock markets.

The Adviser uses quantitative analysis to identify undervalued companies, examining such traditional value criteria as:

· price-to-earnings, price-to-book value and price-to-cash flow ratios;
· the discounted value of future cash flows;
· acquisition values of similar companies; and
· the value stockholders would receive if the company was liquidated.

The Adviser then performs subjective analysis, including the review of trade magazines, annual reports, and regulatory filings. The Adviser considers the future growth potential of the company, its products and services, its industry position, and the quality of its management before making a final determination of the company’s intrinsic value.

The Fund invests in common stocks of companies that have strong financial positions, evidenced by balance sheets without significant debt or other liabilities compared to cash reserves. The Adviser believes financial markets place undue emphasis on a company’s income, often ignoring the balance sheet. Therefore, companies with strong balance sheets may have significantly discounted market prices. The Fund may invest in companies regardless of size, including small- and micro-cap companies. The Adviser sells common stocks when the market price exceeds its estimate of intrinsic value.

From time to time the Fund may be invested more heavily in a particular sector if the Adviser determines that companies in that sector present the best value. The Adviser may invest in “special situation” companies, including spin-offs and companies recently emerging from bankruptcy. The Fund may hold a significant portion of its assets in cash and cash equivalents if sufficient value opportunities are not present in the market.

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FNKIX - Performance

Return Ranking - Trailing

Period FNKIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.5% -8.7% 33.4% 48.74%
1 Yr 24.6% -2.2% 51.1% 64.43%
3 Yr 11.0%* -18.3% 23.7% 3.13%
5 Yr 10.7%* 0.6% 25.8% 67.99%
10 Yr 5.4%* 3.1% 13.5% 93.90%

* Annualized

Return Ranking - Calendar

Period FNKIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.2% -12.9% 28.8% 90.14%
2022 -3.7% -52.6% 20.1% 1.14%
2021 1.4% -43.8% 32.4% 89.28%
2020 13.1% -10.6% 82.1% 26.73%
2019 3.9% -8.5% 37.5% 98.73%

Total Return Ranking - Trailing

Period FNKIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.5% -8.7% 33.4% 48.74%
1 Yr 24.6% -2.2% 51.1% 64.43%
3 Yr 11.0%* -18.3% 23.7% 3.13%
5 Yr 10.7%* 0.6% 25.8% 67.99%
10 Yr 5.4%* 3.1% 13.5% 93.90%

* Annualized

Total Return Ranking - Calendar

Period FNKIX Return Category Return Low Category Return High Rank in Category (%)
2023 15.1% 1.2% 31.3% 58.03%
2022 4.4% -45.7% 21.1% 0.57%
2021 6.7% -30.2% 52.8% 97.97%
2020 13.1% -8.4% 84.3% 48.65%
2019 4.5% 1.0% 43.4% 99.04%

NAV & Total Return History


FNKIX - Holdings

Concentration Analysis

FNKIX Category Low Category High FNKIX % Rank
Net Assets 21.1 M 728 K 168 B 92.44%
Number of Holdings 26 1 2714 95.80%
Net Assets in Top 10 11 M 399 K 13.2 B 88.80%
Weighting of Top 10 56.29% 0.5% 100.0% 5.06%

Top 10 Holdings

  1. NRG Energy, Inc. 9.50%
  2. CRH plc 7.35%
  3. Viatris, Inc. 6.45%
  4. Calumet Specialty Products Partners, L.P. 5.57%
  5. Energy Transfer LP 5.54%
  6. Nintendo Co., Ltd. 5.30%
  7. Altria Group, Inc. 5.22%
  8. eBay, Inc. 4.06%
  9. Philip Morris International, Inc. 3.84%
  10. Starbucks Corp. 3.46%

Asset Allocation

Weighting Return Low Return High FNKIX % Rank
Stocks
98.72% 0.86% 100.69% 40.90%
Cash
1.28% 0.00% 99.07% 63.59%
Preferred Stocks
0.00% 0.00% 11.46% 25.49%
Other
0.00% -0.01% 51.08% 44.54%
Convertible Bonds
0.00% 0.00% 1.78% 25.49%
Bonds
0.00% 0.00% 72.71% 31.93%

Stock Sector Breakdown

Weighting Return Low Return High FNKIX % Rank
Energy
22.23% 0.00% 58.13% 1.69%
Consumer Cyclical
19.38% 2.49% 46.48% 6.46%
Communication Services
14.54% 0.00% 30.98% 1.69%
Consumer Defense
13.08% 0.00% 32.18% 4.21%
Financial Services
12.84% 0.00% 46.10% 64.04%
Healthcare
9.17% 0.00% 24.06% 71.91%
Industrials
5.05% 0.00% 45.89% 97.19%
Basic Materials
3.71% 0.00% 16.35% 81.74%
Utilities
0.00% 0.00% 18.97% 86.24%
Technology
0.00% 0.00% 40.65% 98.31%
Real Estate
0.00% 0.00% 25.82% 93.54%

Stock Geographic Breakdown

Weighting Return Low Return High FNKIX % Rank
US
98.72% 0.86% 100.69% 38.38%
Non US
0.00% 0.00% 10.11% 35.85%

FNKIX - Expenses

Operational Fees

FNKIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.03% 19.40% 39.72%
Management Fee 0.91% 0.00% 1.50% 91.55%
12b-1 Fee 0.00% 0.00% 1.00% 5.95%
Administrative Fee 0.25% 0.01% 0.30% 84.91%

Sales Fees

FNKIX 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

FNKIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 17.39%

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.

FNKIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.94% 0.00% 304.00% 61.01%

FNKIX - Distributions

Dividend Yield Analysis

FNKIX Category Low Category High FNKIX % Rank
Dividend Yield 2.82% 0.00% 29.78% 4.20%

Dividend Distribution Analysis

FNKIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Quarterly Annual

Net Income Ratio Analysis

FNKIX Category Low Category High FNKIX % Rank
Net Income Ratio 0.99% -2.06% 3.38% 18.59%

Capital Gain Distribution Analysis

FNKIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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FNKIX - Fund Manager Analysis

Managers

Brian Frank


Start Date

Tenure

Tenure Rank

Jul 21, 2004

17.87

17.9%

Mr. Brian J. Frank is the portfolio manager responsible for the day-to-day management of the Fund. He co-founded FCP in 2003. He acted as co-portfolio manager from inception until September 2009, and has served as sole portfolio manager since September 2009. From 1998 to the present, Mr. Frank advised several portfolios for family members, although he did not receive compensation for such services. From 2003 until September 2009, Mr. Frank served as FCP’s Chief Financial Officer, and since September 2009 Mr. Frank has served as FCP’s Managing Member. Mr. Frank attended New York University from 2000 to 2004. Mr. Frank has passed the Series 65 exam. He co-managed an investment partnership from October 2002 to October 2003. He was a co-investor in the partnership and did not receive any compensation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 38.44 7.29 5.78