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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 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
15.1%
1 yr return
22.6%
3 Yr Avg Return
12.2%
5 Yr Avg Return
12.2%
Net Assets
$37.4 M
Holdings in Top 10
78.7%
Expense Ratio 1.26%
Front Load N/A
Deferred Load N/A
Turnover 3.00%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$250
Fund Type
Open End Mutual Fund
Name
As of 07/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
● | The Fund invests primarily in common stocks. |
● | While the Adviser evaluates companies of all sizes, the Fund intends to invest primarily in companies with medium market capitalizations ($2 billion to $15 billion) and large market capitalizations (greater than $15 billion). |
● | The Fund is classified as “non-diversified,” which means it may invest a larger percentage of its assets in a small number of issuers than a diversified fund. |
● | The Adviser seeks to identify those companies whose securities are undervalued based on the Adviser’s judgment of the company’s sustainable earnings growth. The Adviser employs fundamental analysis to analyze each company in detail, ranking the management, strategy and competitive market position. |
● | In selecting individual companies for investment, the Adviser considers how the following would affect a company’s earnings, the market price of its shares and the market’s evaluation of the company’s future earnings: |
○ | Changes in management, policies, corporate control or capitalization; |
○ | Changes in technology, marketing or production, the development of new products or services or the demand for existing products or services; |
○ | The effect of recent and anticipated capital expenditures; and |
○ | The effect of social, economic, political, legal and international developments. |
● | The Fund may invest without limit in securities of issuers located in the United States, as well as other securities that are publicly traded in the United States, including sponsored American Depositary Receipts. |
● | The Adviser emphasizes individual security selection while varying the Fund’s investments across industries, which may help to reduce risk. |
● | Stocks may be sold when conditions have changed and the company’s prospects are no longer attractive, its stock price has achieved the team’s valuation target or better relative investment opportunities have been identified. |
Period | SAOPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.1% | 0.0% | 25.9% | 45.29% |
1 Yr | 22.6% | -2.9% | 37.5% | 27.70% |
3 Yr | 12.2%* | -7.2% | 15.5% | 1.22% |
5 Yr | 12.2%* | -2.4% | 108.9% | 64.82% |
10 Yr | 9.8%* | 1.9% | 20.7% | 80.98% |
* Annualized
Period | SAOPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -8.8% | -42.6% | 47.4% | 99.03% |
2022 | -17.3% | -56.3% | -4.2% | 15.32% |
2021 | 16.7% | -27.2% | 537.8% | 50.49% |
2020 | -4.7% | -22.5% | 2181.7% | 96.75% |
2019 | 8.9% | -13.5% | 40.4% | 96.41% |
Period | SAOPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 15.1% | 0.0% | 25.9% | 45.29% |
1 Yr | 22.6% | -2.9% | 37.5% | 27.70% |
3 Yr | 12.2%* | -7.2% | 15.5% | 1.22% |
5 Yr | 12.2%* | -2.4% | 108.9% | 64.82% |
10 Yr | 9.8%* | 1.9% | 20.7% | 80.98% |
* Annualized
Period | SAOPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.7% | -5.0% | 47.4% | 79.31% |
2022 | -6.3% | -36.8% | -2.2% | 2.67% |
2021 | 31.8% | 3.0% | 537.8% | 5.19% |
2020 | 1.2% | -15.8% | 2266.0% | 98.63% |
2019 | 19.9% | -0.4% | 241.3% | 98.20% |
SAOPX | Category Low | Category High | SAOPX % Rank | |
---|---|---|---|---|
Net Assets | 37.4 M | 2.34 M | 1.55 T | 95.43% |
Number of Holdings | 18 | 2 | 4048 | 98.15% |
Net Assets in Top 10 | 23 M | 848 K | 446 B | 91.25% |
Weighting of Top 10 | 78.69% | 0.3% | 111.9% | 2.66% |
Weighting | Return Low | Return High | SAOPX % Rank | |
---|---|---|---|---|
Stocks | 99.16% | 0.00% | 120.26% | 41.41% |
Cash | 0.84% | 0.00% | 99.06% | 57.46% |
Preferred Stocks | 0.00% | 0.00% | 2.52% | 37.80% |
Other | 0.00% | -13.91% | 100.00% | 53.37% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 34.54% |
Bonds | 0.00% | -0.37% | 92.88% | 38.84% |
Weighting | Return Low | Return High | SAOPX % Rank | |
---|---|---|---|---|
Technology | 18.49% | 0.00% | 48.94% | 82.84% |
Industrials | 17.47% | 0.00% | 29.90% | 3.68% |
Healthcare | 15.55% | 0.00% | 60.70% | 27.86% |
Energy | 12.92% | 0.00% | 41.64% | 1.55% |
Financial Services | 11.80% | 0.00% | 55.59% | 81.45% |
Consumer Cyclical | 7.24% | 0.00% | 30.33% | 86.44% |
Communication Services | 7.06% | 0.00% | 27.94% | 70.75% |
Real Estate | 4.74% | 0.00% | 31.91% | 8.33% |
Consumer Defense | 3.85% | 0.00% | 47.71% | 92.48% |
Basic Materials | 0.88% | 0.00% | 25.70% | 90.69% |
Utilities | 0.00% | 0.00% | 20.91% | 89.62% |
Weighting | Return Low | Return High | SAOPX % Rank | |
---|---|---|---|---|
US | 99.16% | 0.00% | 120.26% | 33.71% |
Non US | 0.00% | 0.00% | 63.90% | 47.67% |
SAOPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.26% | 0.01% | 19.75% | 22.37% |
Management Fee | 0.65% | 0.00% | 1.90% | 72.58% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
SAOPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
SAOPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
SAOPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 3.00% | 0.00% | 268.00% | 3.51% |
SAOPX | Category Low | Category High | SAOPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.54% | 0.00% | 25.47% | 74.82% |
SAOPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | SemiAnnual | Monthly | Monthly |
SAOPX | Category Low | Category High | SAOPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.75% | -54.00% | 2.44% | 46.89% |
SAOPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.136 | OrdinaryDividend |
Dec 08, 2023 | $5.943 | CapitalGainLongTerm |
Dec 16, 2022 | $3.146 | OrdinaryDividend |
Dec 17, 2021 | $3.574 | OrdinaryDividend |
Dec 18, 2020 | $1.525 | OrdinaryDividend |
Dec 17, 2019 | $0.331 | OrdinaryDividend |
Dec 17, 2019 | $2.253 | CapitalGainLongTerm |
Dec 18, 2018 | $0.013 | CapitalGainShortTerm |
Dec 18, 2018 | $3.390 | CapitalGainLongTerm |
Dec 18, 2018 | $0.248 | OrdinaryDividend |
Dec 15, 2017 | $0.146 | CapitalGainShortTerm |
Dec 15, 2017 | $1.310 | CapitalGainLongTerm |
Dec 15, 2017 | $0.360 | OrdinaryDividend |
Dec 16, 2016 | $0.021 | CapitalGainShortTerm |
Dec 16, 2016 | $6.714 | CapitalGainLongTerm |
Dec 16, 2016 | $0.326 | OrdinaryDividend |
Dec 18, 2015 | $3.007 | CapitalGainLongTerm |
Dec 18, 2015 | $0.277 | OrdinaryDividend |
Dec 17, 2014 | $0.106 | CapitalGainShortTerm |
Dec 17, 2014 | $3.195 | CapitalGainLongTerm |
Dec 12, 2014 | $0.410 | OrdinaryDividend |
Dec 17, 2013 | $0.005 | CapitalGainShortTerm |
Dec 17, 2013 | $2.651 | CapitalGainLongTerm |
Dec 17, 2013 | $0.296 | OrdinaryDividend |
Dec 21, 2012 | $3.022 | CapitalGainLongTerm |
Dec 21, 2012 | $0.557 | OrdinaryDividend |
Dec 22, 2011 | $2.731 | CapitalGainLongTerm |
Dec 22, 2011 | $0.301 | OrdinaryDividend |
Dec 22, 2010 | $1.777 | CapitalGainLongTerm |
Dec 22, 2010 | $0.448 | OrdinaryDividend |
Dec 22, 2009 | $0.478 | OrdinaryDividend |
Dec 22, 2009 | $0.136 | CapitalGainLongTerm |
Dec 12, 2008 | $0.587 | OrdinaryDividend |
Dec 21, 2007 | $3.041 | CapitalGainLongTerm |
Dec 21, 2007 | $0.372 | OrdinaryDividend |
Dec 15, 2006 | $1.856 | CapitalGainLongTerm |
Dec 15, 2006 | $0.353 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Apr 01, 2010
12.17
12.2%
Beck is managing director of Barrett Asset Management, LLC(the successor firm to Barrett Associates, Inc.). prior to joining the firm in 2006 he was an analyst and portfolio manager at Haven Capital Management from 2001 to 2006. From 2000 to 2001, Mr. Beck was a sell-side analyst in the research department of Prudential Securities covering a number of areas, including financial services. He also has investment experience from positions he held at HSBC Investment Banking PLC in 1998 and Oppenheimer Capital International from 1994 to 1997. Mr. Beck is a graduate of Princeton University and received his M.B.A. from New York University. Beck holds the Chartered Financial Analyst designation.
Start Date
Tenure
Tenure Rank
Feb 01, 2016
6.33
6.3%
Mr. Youngman is a Managing Director of Barrett Asset Management. Mr. Youngman is a graduate of Middlebury College where he received a B.A. in English with a concentration in Economics and Investments. He began his career in 1991 as a Registered Representative at Kidder, Peabody & Co. where he spent four years working with and providing investment advice to high-net worth individuals, families and institutions. Mr. Youngman joined Barrett Associates, Barrett Asset Management’s predecessor firm in the spring of 2010. Prior to joining Barrett he was a Managing Director and CFO at Griffin Asset Management where over a fifteen year period he developed his reputation as a financial problem solver. Mr. Youngman is a former Director of Composite Materials, LLC.
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
Ms. Kong is Chief Investment Officer and a Managing Director of Barrett Asset Management. Ms. Kong is a graduate of Barnard College and received her M.B.A. from Columbia Business School. Ms. Kong joined Barrett Asset Management in 2020. She previously served as a Senior Portfolio Manager at Fiduciary Trust from June 2013 to 2020. Prior to Fiduciary Trust, between May 2012 and April 2013, Ms. Kong was a Senior Vice President and Senior Portfolio Manager at U.S. Trust. From April 2001 to May 2002, Ms. Kong worked as a Credit Analyst at Moody’s. Ms. Kong is a CFA® Charterholder.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.26 | 2.42 |
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