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Trending ETFs

DSS AmericaFirst Large Cap Share Buyback Fund

mutual fund
SBQAX
Payout Change
Pending
Price as of:
$13.26 -0.05 -0.38%
primary theme
U.S. Large-Cap Blend Equity
SBQAX (Mutual Fund)

DSS AmericaFirst Large Cap Share Buyback Fund

Payout Change
Pending
Price as of:
$13.26 -0.05 -0.38%
primary theme
U.S. Large-Cap Blend Equity
SBQAX (Mutual Fund)

DSS AmericaFirst Large Cap Share Buyback Fund

Payout Change
Pending
Price as of:
$13.26 -0.05 -0.38%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 06/21/2024

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

$13.26

$2.34 M

0.58%

$0.08

4.31%

Vitals

YTD Return

12.9%

1 yr return

25.0%

3 Yr Avg Return

8.1%

5 Yr Avg Return

8.6%

Net Assets

$2.34 M

Holdings in Top 10

34.8%

52 WEEK LOW AND HIGH

$13.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.31%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$13.26

$2.34 M

0.58%

$0.08

4.31%

SBQAX - Profile

Distributions

  • YTD Total Return 12.9%
  • 3 Yr Annualized Total Return 8.1%
  • 5 Yr Annualized Total Return 8.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.72%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    DSS AmericaFirst Large Cap Share Buyback Fund
  • Fund Family Name
    DSS AmericaFirst Quantitative Funds
  • Inception Date
    Feb 01, 2017
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rick Gonsalves

Fund Description

The Fund invests primarily in the common stocks of large capitalization domestic companies that have engaged in repurchasing a portion of the company’s outstanding shares over the last year. Under normal conditions, the Fund will invest at least 80% of the Fund’s net assets, plus any borrowings for investment purposes, in large capitalization companies, which the Advisor defines as companies with a market capitalization of $10 billion or more at the time of purchase, that have purchased their own stock over the last year. While the Fund will primarily invest in large capitalization companies, it may also invest in small or medium capitalization companies from time to time and when the large capitalization companies in which the Fund invests lose capitalization between purchase and rebalancing of the portfolio.

The Fund’s investment advisor, DSS Wealth Management, Inc. (the “Advisor”), applies fundamental, technical and/or valuation criteria to select from a universe of large capitalization companies that have purchased their own stock over the last twelve months. The Advisor analyses the companies based on market capitalizations, the size of their buyback ratio (the amount the company has bought back), and their risk-adjusted price momentum and value momentum. The companies selected for the Fund’s portfolio remain in the portfolio until the portfolio is rebalanced. The portfolio is rebalanced as often as every month in order to remove stocks that are no longer attractive or add stocks that have become attractive according to the investment criteria used by the Advisor, which could result in high portfolio turnover.

The Fund’s strategy is based on the premise that stocks of companies that purchase their own stock will perform well because share buybacks are a signal to the market that the management of a company believes the company’s shares are undervalued.

The Fund may also execute a portion of its equity strategy by investing in ETFs, including those with inverse market exposure and leveraged ETFs. Inverse ETFs are designed to produce results opposite to market direction, which may serve to hedge portfolio investments. Inverse ETFs seek daily investment results, before fees and expenses, which correspond to the inverse (opposite) of the daily performance of a specific benchmark, such as the S&P 500 Index. The Advisor does not rebalance inverse ETFs positions daily to adjust for daily changes in the reference index. Leveraged ETFs seek to use financial derivatives and debt to amplify the returns of an underlying index.

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SBQAX - Performance

Return Ranking - Trailing

Period SBQAX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.9% -0.6% 25.3% 60.72%
1 Yr 25.0% 0.6% 45.7% 62.00%
3 Yr 8.1%* -11.3% 16.1% 65.58%
5 Yr 8.6%* -8.9% 109.2% 93.80%
10 Yr N/A* -0.1% 20.6% N/A

* Annualized

Return Ranking - Calendar

Period SBQAX Return Category Return Low Category Return High Rank in Category (%)
2023 13.6% -42.6% 47.4% 72.38%
2022 -13.2% -56.3% -4.2% 5.51%
2021 -0.2% -27.2% 537.8% 93.41%
2020 -2.7% -22.5% 2181.7% 95.46%
2019 22.1% -13.5% 40.4% 55.92%

Total Return Ranking - Trailing

Period SBQAX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.9% -0.6% 25.3% 60.72%
1 Yr 25.0% 0.6% 45.7% 62.00%
3 Yr 8.1%* -11.3% 16.1% 65.58%
5 Yr 8.6%* -8.9% 109.2% 93.80%
10 Yr N/A* -0.1% 20.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SBQAX Return Category Return Low Category Return High Rank in Category (%)
2023 13.6% -5.0% 47.4% 91.38%
2022 -12.5% -36.8% -2.2% 15.40%
2021 29.8% 3.0% 537.8% 12.77%
2020 -2.7% -15.8% 2266.0% 99.23%
2019 22.1% -0.4% 241.3% 95.96%

NAV & Total Return History


SBQAX - Holdings

Concentration Analysis

SBQAX Category Low Category High SBQAX % Rank
Net Assets 2.34 M 2.34 M 1.55 T 100.00%
Number of Holdings 38 2 4048 90.05%
Net Assets in Top 10 848 K 848 K 446 B 100.00%
Weighting of Top 10 34.84% 0.3% 111.9% 48.91%

Top 10 Holdings

  1. Meta Platforms, Inc. Class A 3.85%
  2. NRG Energy, Inc. 3.74%
  3. Dell Technologies, Inc. 3.73%
  4. Microsoft Corp. 3.58%
  5. United Rentals, Inc. 3.56%
  6. Applied Materials, Inc. 3.49%
  7. Caterpillar, Inc. 3.27%
  8. Ameriprise Financial, Inc. 3.24%
  9. The Walt Disney Co. 3.22%
  10. Nucor Corp. 3.16%

Asset Allocation

Weighting Return Low Return High SBQAX % Rank
Stocks
98.47% 0.00% 120.26% 62.52%
Cash
1.53% 0.00% 99.06% 38.44%
Preferred Stocks
0.00% 0.00% 2.52% 89.97%
Other
0.00% -13.91% 100.00% 90.85%
Convertible Bonds
0.00% 0.00% 5.54% 89.77%
Bonds
0.00% -0.37% 92.99% 89.89%

Stock Sector Breakdown

Weighting Return Low Return High SBQAX % Rank
Consumer Cyclical
27.74% 0.00% 30.33% 0.33%
Financial Services
24.02% 0.00% 55.59% 3.92%
Industrials
9.99% 0.00% 29.90% 35.70%
Technology
9.97% 0.00% 48.94% 95.18%
Energy
7.17% 0.00% 41.64% 7.35%
Healthcare
6.07% 0.00% 60.70% 98.28%
Basic Materials
5.85% 0.00% 25.70% 8.50%
Consumer Defense
5.32% 0.00% 47.71% 81.86%
Communication Services
3.88% 0.00% 27.94% 89.71%
Utilities
0.00% 0.00% 20.91% 98.77%
Real Estate
0.00% 0.00% 31.91% 99.10%

Stock Geographic Breakdown

Weighting Return Low Return High SBQAX % Rank
US
98.47% 0.00% 120.26% 50.80%
Non US
0.00% 0.00% 63.90% 91.57%

SBQAX - Expenses

Operational Fees

SBQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.31% 0.01% 19.75% 0.57%
Management Fee 1.25% 0.00% 1.90% 99.68%
12b-1 Fee 0.25% 0.00% 1.00% 59.77%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

SBQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 1.00% 5.75% 80.42%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SBQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.25% 2.00% 89.74%

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.

SBQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 268.00% 99.06%

SBQAX - Distributions

Dividend Yield Analysis

SBQAX Category Low Category High SBQAX % Rank
Dividend Yield 0.58% 0.00% 25.47% 99.03%

Dividend Distribution Analysis

SBQAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

SBQAX Category Low Category High SBQAX % Rank
Net Income Ratio -1.72% -54.00% 2.44% 99.75%

Capital Gain Distribution Analysis

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

Distributions History

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SBQAX - Fund Manager Analysis

Managers

Rick Gonsalves


Start Date

Tenure

Tenure Rank

Jan 31, 2017

5.33

5.3%

Rick Gonsalves is the co-founder and President of AmericaFirst Capital Management, LLC. Mr. Gonsalves co-founded AmericaFirst Capital Management, LLC in January 2007. He currently serves as President and Chief Executive Officer, positions he has held since the Advisor’s inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.26 2.42