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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 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.65
$13.3 M
0.00%
2.07%
YTD Return
13.3%
1 yr return
27.5%
3 Yr Avg Return
1.7%
5 Yr Avg Return
7.9%
Net Assets
$13.3 M
Holdings in Top 10
72.1%
Expense Ratio 2.07%
Front Load N/A
Deferred Load N/A
Turnover 16.75%
Redemption Fee N/A
Standard (Taxable)
$10,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.65
$13.3 M
0.00%
2.07%
MH Elite Small Cap Fund of Funds seeks to achieve its investment objective by investing at least 80% of its total assets in 12 to 25 unaffiliated open-end mutual funds (underlying funds) which in turn, invest principally (i.e. at least 80% of their total assets) in common stocks of small and micro-capitalization companies. The Fund’s adviser currently considers small and micro-capitalization companies to be those with a market capitalization (a company’s stock price multiplied by the total number of shares outstanding) that falls within the range of the Russell 2000 index. The market capitalization of the Russell 2000 index as of December 31, 2021 ranged from $32.0 million to $14.0 billion with a weighted average market capitalization of $3.5 billion. The underlying funds may also purchase other types of equity securities, in addition to common stocks, such as preferred stocks and convertible securities. Equity securities are securities that represent an ownership interest (or the right to acquire such an interest) in a company. Underlying funds will be purchased at their net asset value without sales charges, upfront or deferred, and have a maximum limit on 12b-1 fees of .25%. Whenever possible, the Fund will invest in institutional or adviser share classes to help reduce the costs associated with investing in the underlying funds. The investment objective of each of the underlying funds will be, consistent with the investment objective of the Fund, long-term capital appreciation.
The majority of holdings of the underlying funds are intended to represent primarily U.S. based small companies. Although the underlying funds will normally focus on the securities of U.S. companies, they may invest in foreign securities. An underlying fund may use derivatives such as options and futures contracts as a substitute for investing directly in equity securities. The Fund will generally invest in a mix of fund styles identified as value, blend or growth funds. Depending on economic and market conditions, the Fund may be weighted more to one particular investment style.
The Fund may sell an underlying fund if the Adviser believes it no longer contributes to the attainment of the Fund’s investment objective. Factors that could contribute to an underlying fund being sold include disappointing performance, style drift, a change in the underlying fund’s portfolio manager or if exposure to foreign securities exceeds 30% of the underlying fund’s holdings.
Period | MHELX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | 9.3% | 19.8% | 74.05% |
1 Yr | 27.5% | 17.9% | 51.5% | 60.00% |
3 Yr | 1.7%* | -7.8% | 7.3% | 91.80% |
5 Yr | 7.9%* | 2.3% | 14.9% | 90.91% |
10 Yr | 7.2%* | 1.2% | 13.0% | 81.45% |
* Annualized
Period | MHELX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.0% | -6.6% | 33.6% | 60.00% |
2022 | -28.8% | -44.4% | -9.8% | 74.32% |
2021 | 8.1% | -24.1% | 18.9% | 63.58% |
2020 | 16.8% | -10.9% | 60.4% | 24.85% |
2019 | 14.2% | 5.9% | 36.4% | 76.43% |
Period | MHELX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | 9.3% | 19.8% | 74.05% |
1 Yr | 27.5% | 17.9% | 51.5% | 60.00% |
3 Yr | 1.7%* | -7.8% | 7.3% | 91.80% |
5 Yr | 7.9%* | 2.3% | 14.9% | 90.91% |
10 Yr | 7.2%* | 1.2% | 13.0% | 81.45% |
* Annualized
Period | MHELX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.0% | 1.4% | 34.9% | 86.49% |
2022 | -20.4% | -43.2% | -3.8% | 74.32% |
2021 | 8.1% | -24.1% | 26.7% | 95.95% |
2020 | 20.6% | -5.3% | 62.8% | 25.45% |
2019 | 22.4% | 12.4% | 52.6% | 86.62% |
MHELX | Category Low | Category High | MHELX % Rank | |
---|---|---|---|---|
Net Assets | 13.3 M | 13.3 M | 126 B | 100.00% |
Number of Holdings | 18 | 5 | 8215 | 54.59% |
Net Assets in Top 10 | 7.47 M | 7.47 M | 27.1 B | 100.00% |
Weighting of Top 10 | 72.15% | 21.5% | 106.4% | 74.05% |
Weighting | Return Low | Return High | MHELX % Rank | |
---|---|---|---|---|
Stocks | 97.37% | 0.00% | 100.03% | 68.65% |
Cash | 2.63% | 0.00% | 34.87% | 20.00% |
Convertible Bonds | 0.14% | 0.00% | 3.88% | 26.49% |
Preferred Stocks | 0.00% | 0.00% | 10.07% | 83.24% |
Other | 0.00% | -48.65% | 10.21% | 78.38% |
Bonds | 0.00% | 0.00% | 161.60% | 84.86% |
Weighting | Return Low | Return High | MHELX % Rank | |
---|---|---|---|---|
Technology | 20.97% | 1.75% | 32.38% | 38.04% |
Industrials | 14.87% | 1.80% | 14.87% | 0.54% |
Financial Services | 12.83% | 9.56% | 42.24% | 82.61% |
Consumer Cyclical | 11.60% | 1.15% | 24.72% | 37.50% |
Healthcare | 11.53% | 2.06% | 19.02% | 88.59% |
Basic Materials | 8.40% | 0.00% | 8.62% | 1.09% |
Energy | 6.29% | 0.00% | 31.98% | 8.70% |
Real Estate | 5.53% | 0.00% | 28.04% | 17.93% |
Consumer Defense | 3.33% | 0.47% | 14.80% | 95.11% |
Communication Services | 2.48% | 1.90% | 13.69% | 98.37% |
Utilities | 2.16% | 0.00% | 15.29% | 69.02% |
Weighting | Return Low | Return High | MHELX % Rank | |
---|---|---|---|---|
US | 97.37% | 0.00% | 100.03% | 67.03% |
Non US | 0.00% | 0.00% | 32.25% | 84.32% |
MHELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.07% | 0.23% | 3.92% | 7.03% |
Management Fee | 1.00% | 0.00% | 1.30% | 98.38% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.01% | 0.28% | 94.74% |
MHELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
MHELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
MHELX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.75% | 0.18% | 300.02% | 34.30% |
MHELX | Category Low | Category High | MHELX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.81% | 94.59% |
MHELX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
MHELX | Category Low | Category High | MHELX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.59% | -0.65% | 5.31% | 49.45% |
MHELX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Date | Amount | Type |
---|---|---|
Jan 10, 2024 | $0.190 | CapitalGainLongTerm |
Jan 11, 2022 | $0.056 | OrdinaryDividend |
Jan 11, 2022 | $0.370 | CapitalGainShortTerm |
Jan 11, 2022 | $0.558 | CapitalGainLongTerm |
Jan 09, 2020 | $0.043 | CapitalGainShortTerm |
Jan 09, 2020 | $0.196 | CapitalGainLongTerm |
Jan 09, 2019 | $0.464 | CapitalGainLongTerm |
Jan 09, 2018 | $0.190 | CapitalGainLongTerm |
Jan 11, 2017 | $0.393 | CapitalGainLongTerm |
Jan 08, 2016 | $0.394 | CapitalGainLongTerm |
Jan 12, 2015 | $0.014 | CapitalGainShortTerm |
Jan 12, 2015 | $0.443 | CapitalGainLongTerm |
Jan 09, 2014 | $0.122 | CapitalGainShortTerm |
Jan 09, 2014 | $0.951 | CapitalGainLongTerm |
Jan 09, 2013 | $0.101 | CapitalGainLongTerm |
Jan 02, 2008 | $0.809 | CapitalGainLongTerm |
Jan 03, 2007 | $0.179 | CapitalGainShortTerm |
Jan 03, 2007 | $0.720 | CapitalGainLongTerm |
Jan 03, 2006 | $0.710 | OrdinaryDividend |
Jan 03, 2005 | $0.780 | OrdinaryDividend |
Jan 01, 2001 | $0.320 | OrdinaryDividend |
Jan 03, 2000 | $0.100 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Sep 01, 1998
23.76
23.8%
Mr. Harvey Merson is the co-owner and Officer of MH Investment Management, Inc. Mr. Merson is a graduate of Rider College with a Bachelor of Science degree in Business Administration. He is also registered with the U. S. Securities and Exchange Commission as a Registered Investment Adviser. Mr. Merson has been assisting individuals with the purchasing, monitoring, and sale of mutual funds for the last 33 years. Refer to the Statement of Additional Information (SAI) for additional information about the Portfolio Manager’s compensation, other accounts managed by the Portfolio Manager and the Portfolio Manager’s ownership of securities in the Fund(s). Mr. Merson also serves as the Chief Compliance Officer, President and Secretary of MH Elite Portfolio of Funds Trust.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 26.6 | 6.51 | 2.41 |
Dividend Investing Ideas Center
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