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 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
17.5%
1 yr return
24.9%
3 Yr Avg Return
8.5%
5 Yr Avg Return
9.4%
Net Assets
$84.6 M
Holdings in Top 10
25.7%
Expense Ratio 1.21%
Front Load N/A
Deferred Load N/A
Turnover 23.00%
Redemption Fee N/A
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal market conditions, Small Cap Fund invests at least 80 percent of its net assets (plus borrowings for investment purposes) in equity securities, warrants, and rights derivative of or convertible into common stocks, in each case issued by small-cap issuers. Small Cap Fund considers a small-cap issuer to be a company having at the time of purchase by Small Cap Fund a market capitalization of between approximately $100 million to $5 billion, as well as one or more mutual funds, exchange-traded funds (“ETFs”), and business development companies (“BDCs”) that invests at least 80 percent of its net assets in similar securities issued by small-cap issuers.
Small Cap Fund, as part of its principal investment strategy, may invest up to 15 percent of its net assets (determined at the time of investment) in securities of foreign issuers, which includes securities traded on non-U.S. exchanges, American Depositary Receipts (“ADRs”) and foreign securities traded on U.S. exchanges. If such securities have been issued by a small-cap issuer at the time of purchase, Small Cap Fund may include those securities in the portion of its portfolio that is invested in small-cap issuers (at least 80 percent), subject to the 15 percent limit. Fund assets may be invested in any percentage in growth stocks and value stocks. Small Cap Fund’s sub-adviser generally considers growth stocks to be equity securities issued by companies that have sustainable competitive advantages and products or services that potentially could generate significantly greater-than-average revenue and earnings growth. The sub-adviser generally considers value stocks to be equity securities with recent and/or mid-term performance that has lagged relative to the market but whose issuing companies have stable earnings and cash flows and where there are visible and imminent inflection points and catalysts that the sub-adviser expects will result in increased earnings and cash flow, driving stock appreciation.
In managing Small Cap Fund’s portfolio, its sub-adviser uses proprietary quantitative investment technology combined with traditional, value-based, fundamental research to identify potential investments. The sub-adviser uses traditional valuation measures, including price/book ratios and price/sustainable free cash flow ratios to screen its database of more than 40,000 global companies. The sub-adviser uses these measures to identify companies with the greatest potential for undervalued streams of sustainable free cash flow. The sub-adviser conducts fundamental research, interviewing and visiting with company management and creating detailed financial models on potential portfolio investments. The sub-adviser also maintains a “watch-list” of companies, which may be used if the valuation of a company held in Small Cap Fund’s portfolio falls below established limits. Small Cap Fund is “non-diversified,” that is, it may invest a higher percentage of its assets in a more limited number of issuers than a diversified portfolio. Although Small Cap Fund does not have an express policy to invest in equity securities of companies in a specific industry or group of industries (a group of industries is also known as a “sector”), from time to time it has invested more than 25 percent of its total assets in financial services companies.
Small Cap Fund’s sub-adviser may utilize options on existing security positions or indexes in an attempt to improve the risk/return profile of Small Cap Fund’s returns. The extent of the sub-adviser’s use of options may vary over time based on the sub-adviser’s assessment of market conditions and other factors.
Small Cap Fund may invest in other types of derivatives (i.e., a security or instrument with a value that is determined by reference to the value or the change in value of one or more securities, currencies, indices or other financial instruments) for the purposes of hedging the value of the portfolio and establishing a position in the future. Small Cap Fund may hold cash, or it may manage its cash by investing in cash equivalents and money market funds.
Period | QBNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.5% | -1.9% | 32.5% | 43.54% |
1 Yr | 24.9% | 5.6% | 42.3% | 60.05% |
3 Yr | 8.5%* | -9.2% | 78.3% | 24.51% |
5 Yr | 9.4%* | -2.4% | 53.6% | 76.68% |
10 Yr | 8.0%* | -2.6% | 28.4% | 54.46% |
* Annualized
Period | QBNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -6.0% | 33.6% | 47.24% |
2022 | -12.0% | -33.6% | 212.9% | 23.77% |
2021 | 16.3% | -62.0% | 147.6% | 60.25% |
2020 | -5.2% | -24.8% | 31.3% | 87.34% |
2019 | 15.7% | -21.7% | 34.0% | 73.98% |
Period | QBNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.5% | -1.9% | 32.5% | 43.54% |
1 Yr | 24.9% | 5.6% | 42.3% | 60.05% |
3 Yr | 8.5%* | -9.2% | 78.3% | 24.51% |
5 Yr | 9.4%* | -2.4% | 53.6% | 76.68% |
10 Yr | 8.0%* | -2.6% | 28.4% | 54.46% |
* Annualized
Period | QBNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.2% | 1.8% | 35.4% | 70.50% |
2022 | -4.8% | -25.2% | 250.0% | 13.48% |
2021 | 24.7% | -3.0% | 157.9% | 87.59% |
2020 | -4.4% | -13.5% | 33.4% | 89.41% |
2019 | 23.9% | -1.5% | 34.3% | 31.71% |
QBNAX | Category Low | Category High | QBNAX % Rank | |
---|---|---|---|---|
Net Assets | 84.6 M | 2.79 M | 54 B | 83.49% |
Number of Holdings | 55 | 10 | 1599 | 87.08% |
Net Assets in Top 10 | 26.3 M | 1.04 M | 3.62 B | 76.32% |
Weighting of Top 10 | 25.74% | 5.2% | 92.1% | 32.61% |
Weighting | Return Low | Return High | QBNAX % Rank | |
---|---|---|---|---|
Stocks | 97.96% | 6.25% | 105.88% | 63.40% |
Cash | 2.04% | 0.00% | 37.64% | 42.11% |
Preferred Stocks | 0.00% | 0.00% | 1.05% | 79.43% |
Other | 0.00% | -1.07% | 38.91% | 83.01% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 78.88% |
Bonds | 0.00% | 0.00% | 90.12% | 79.19% |
Weighting | Return Low | Return High | QBNAX % Rank | |
---|---|---|---|---|
Financial Services | 23.16% | 0.00% | 35.71% | 53.43% |
Industrials | 18.76% | 0.65% | 48.61% | 38.73% |
Consumer Cyclical | 17.17% | 0.35% | 51.62% | 15.20% |
Technology | 12.52% | 0.00% | 27.23% | 16.67% |
Energy | 9.45% | 0.00% | 29.42% | 33.58% |
Healthcare | 7.07% | 0.00% | 25.76% | 37.25% |
Consumer Defense | 6.53% | 0.00% | 13.22% | 16.18% |
Basic Materials | 2.87% | 0.00% | 67.30% | 91.42% |
Communication Services | 2.46% | 0.00% | 17.58% | 53.19% |
Utilities | 0.00% | 0.00% | 13.86% | 94.36% |
Real Estate | 0.00% | 0.00% | 44.41% | 99.26% |
Weighting | Return Low | Return High | QBNAX % Rank | |
---|---|---|---|---|
US | 94.58% | 6.25% | 105.88% | 84.69% |
Non US | 3.39% | 0.00% | 77.52% | 7.18% |
QBNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.05% | 37.04% | 48.33% |
Management Fee | 0.80% | 0.00% | 1.50% | 58.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.01% | 0.35% | 2.31% |
QBNAX 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 |
QBNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
QBNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 23.00% | 7.00% | 252.00% | 10.96% |
QBNAX | Category Low | Category High | QBNAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.80% | 0.00% | 14.14% | 73.44% |
QBNAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
QBNAX | Category Low | Category High | QBNAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.97% | -1.43% | 4.13% | 19.12% |
QBNAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $0.309 | OrdinaryDividend |
Dec 13, 2022 | $2.394 | OrdinaryDividend |
Dec 10, 2021 | $0.260 | OrdinaryDividend |
Dec 10, 2021 | $0.642 | CapitalGainShortTerm |
Dec 10, 2021 | $1.414 | CapitalGainLongTerm |
Dec 08, 2020 | $0.240 | OrdinaryDividend |
Dec 10, 2019 | $0.238 | OrdinaryDividend |
Dec 10, 2019 | $1.803 | CapitalGainLongTerm |
Dec 17, 2018 | $1.791 | CapitalGainLongTerm |
Dec 17, 2018 | $0.104 | OrdinaryDividend |
Dec 11, 2017 | $0.023 | CapitalGainShortTerm |
Dec 11, 2017 | $1.556 | CapitalGainLongTerm |
Dec 11, 2017 | $0.131 | OrdinaryDividend |
Dec 12, 2016 | $0.159 | CapitalGainLongTerm |
Dec 12, 2016 | $0.199 | OrdinaryDividend |
Dec 14, 2015 | $1.611 | CapitalGainLongTerm |
Dec 15, 2014 | $2.437 | CapitalGainLongTerm |
Dec 15, 2014 | $0.261 | OrdinaryDividend |
Dec 12, 2011 | $0.093 | OrdinaryDividend |
Dec 13, 2010 | $0.131 | OrdinaryDividend |
Dec 14, 2009 | $0.059 | OrdinaryDividend |
Dec 10, 2007 | $0.832 | CapitalGainLongTerm |
Dec 10, 2007 | $0.193 | OrdinaryDividend |
Dec 12, 2006 | $1.828 | CapitalGainLongTerm |
Dec 05, 2005 | $3.080 | CapitalGainLongTerm |
Dec 07, 2004 | $0.743 | CapitalGainLongTerm |
Dec 09, 2002 | $0.833 | CapitalGainLongTerm |
Dec 11, 2001 | $0.005 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
Sumanta Biswas, CFA, serves as Polaris Capital Management, LLC’s Vice President and Assistant Portfolio Manager since 2012. Mr. Biswas has been a partner at the Polaris Capital Management since 2007. Mr. Biswas’ professional experience includes completion of an internship at Delta Partners of Boston in 2001 where he served as an equity research analyst. From 1996 through July of 2000, he was an officer of the Securities and Exchange Board of India. In 1995, Mr. Biswas participated in the initial public offering of Electro Steel Casting, Ltd. of India while interning at IFB Finance Ltd. of India. In 1993, he was an engineering project manager trainee with Bridge & Roof Company of Calcutta, India, one of the largest construction companies in India. Mr. Biswas received a master’s of science degree in finance from Boston College in 2001, and an MBA from Calcutta University in India in 1996. He earned his undergraduate degree in engineering from North Bengal University in 1993, and holds a diploma in business finance from the Institute of Chartered Financial Analysts of India. He also holds the Chartered Financial Analyst (CFA) designation.
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
Bin Xiao has became an Analyst with Polaris since 2006. Mr. Bin was in internship at HSBC Global Investment Banking in 2005, and in internship at Polaris Capital Management in 2004/2005. In 2002 to 2004 Mr. Bin serves as a software architect and project manager at PNC Financial Service Group (PFPC), following positions as an information systems engineer and software engineer at Vanguard Group and RIT Research Corporation respectively.
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
Bernard Horn Jr. is President and Chief Investment Officer since 1998; Founder and Portfolio Manager since 1995; Investment professional since 1980.of Polaris Capital Management, LLC, a Boston-based global and international value equity management firm that serves as the sub-advisor for RBC International Equity. Prior to founding Polaris Capital in 1995, Bernard served as an investment officer for MDT Advisers, Inc. He also worked as a portfolio manager for Freedom Capital Management Corporation. From 1980 to 1990, Bernard was the principal and founder of Horn & Company, an investment counseling firm that specialized in global portfolio management for individuals, trusts and tax-qualified accounts. Bernard began his career in the investment industry in 1980. He received a BS from Northeastern University and a MS in Management from the Massachusetts Institute of Technology. In January 2007, Bernard was named Fund Manager of the year by MarketWatch. He was profiled in the January 2004 issue of SmartMoney Magazine and has been highlighted in Business Week, The New York Times, The Wall Street Journal and other national publications. Bernard has appeared on CNBC, CNNfn and Bloomberg TV to discuss global market trends.
Start Date
Tenure
Tenure Rank
Aug 01, 2016
5.83
5.8%
Jason is a portfolio manager and conducts fundamental analysis of potential investment opportunities. He brings over 20 years of investment industry experience to the firm. His prior professional experience includes portfolio management roles at Liberty Square Asset Management where he managed a France only portfolio and co-managed international long and long/short funds. He has held past portfolio management roles at Brait Specialized Funds and Equinox and equity research positions at Coronation Securities and Firstcorp Merchant Bank. Mr. Crawshaw obtained his master’s in business administration from University of Notre Dame and graduated Magna Cum Laude in 1994. He received his undergraduate degree from Middlebury College in 1992.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.45 | 8.23 | 3.58 |
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...