Continue to site >
Trending ETFs

Sound Shore Fund, Inc.

mutual fund
SSHVX
Payout Change
Pending
Price as of:
$45.19 -0.36 -0.79%
primary theme
U.S. Large-Cap Value Equity
share class
SSHVX (Mutual Fund)

Sound Shore Fund, Inc.

Payout Change
Pending
Price as of:
$45.19 -0.36 -0.79%
primary theme
U.S. Large-Cap Value Equity
share class
SSHVX (Mutual Fund)

Sound Shore Fund, Inc.

Payout Change
Pending
Price as of:
$45.19 -0.36 -0.79%
primary theme
U.S. Large-Cap Value Equity
share class

Name

As of 06/14/2024

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

Sound Shore Fund, Inc.

SSHVX | Fund

$45.19

$977 M

7.27%

$3.28

0.86%

Vitals

YTD Return

13.1%

1 yr return

26.1%

3 Yr Avg Return

7.6%

5 Yr Avg Return

11.7%

Net Assets

$977 M

Holdings in Top 10

35.5%

52 WEEK LOW AND HIGH

$45.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

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

Sound Shore Fund, Inc.

SSHVX | Fund

$45.19

$977 M

7.27%

$3.28

0.86%

SSHVX - Profile

Distributions

  • YTD Total Return 13.1%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return 11.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 7.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Sound Shore Fund, Inc.
  • Fund Family Name
    Sound Shore
  • Inception Date
    Dec 09, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Harry Burn

Fund Description

The Adviser seeks to meet the Fund’s investment objective of growth of capital by employing a value investment strategy to its selection of predominantly Large Cap and Mid Cap common stocks for the portfolio. The Adviser considers Large Cap companies to be those with market capitalizations in excess of $10 billion at the time of purchase (“Large Cap”). The Adviser considers Mid Cap companies to be those with market capitalizations between $1 billion and $10 billion at the time of purchase (“Mid Cap”). The Fund may, from time to time, have significant exposure to one or more sectors of the market. As of December 31, 2023, the Fund had invested 20.9% in the Health Care sector. The investment strategy is built upon three components:

Disciplined Approach — Since the Fund’s inception in 1985, the Adviser has consistently applied its value-oriented investment philosophy and process. This process is driven by strict valuation screening, rigorous company specific research, and stock selection. The Adviser strives to be at or near fully invested.

Risk Aversion — The Adviser’s focus and emphasis on companies selling at low absolute and relative P/E valuations provides risk control. The portfolio is oriented toward financially sound companies that have underperformed and have lost Wall Street’s attention due to low expectations. The Adviser analyzes risk on a company-by-company basis and establishes maximum position constraints in portfolio construction. The Adviser also considers governance as well as environmental and social factors as appropriate. While valuation, governance, environmental and social factors are analyzed, the evaluation of all key investment considerations is industry-and company-specific. Consequently, no one issue necessarily disqualifies a company from investment and no individual characteristic must be present prior to investment.

Long-Term Orientation — The Adviser’s bottom-up, stock by stock process generally incorporates a 12-36 month investment time horizon while resisting fads, themes and market timing.

While most of the Fund’s assets will be invested in domestic common stock, the Fund may also invest in U.S. traded Large Cap and Mid Cap securities issued by companies organized outside the United States including American Depositary Receipts.

Read More

SSHVX - Performance

Return Ranking - Trailing

Period SSHVX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.1% -6.8% 36.1% 3.61%
1 Yr 26.1% -5.5% 44.2% 2.34%
3 Yr 7.6%* -4.6% 30.6% 29.06%
5 Yr 11.7%* -0.2% 43.9% 22.39%
10 Yr 8.6%* 0.9% 24.2% 36.89%

* Annualized

Return Ranking - Calendar

Period SSHVX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -16.9% 46.1% 15.34%
2022 -14.6% -64.7% 4.6% 73.01%
2021 -2.4% -44.2% 57.5% 96.14%
2020 -0.2% -23.2% 285.0% 49.47%
2019 14.7% -21.4% 48.5% 79.72%

Total Return Ranking - Trailing

Period SSHVX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.1% -6.8% 36.1% 3.61%
1 Yr 26.1% -5.5% 44.2% 2.34%
3 Yr 7.6%* -4.6% 30.6% 29.06%
5 Yr 11.7%* -0.2% 43.9% 22.39%
10 Yr 8.6%* 0.9% 24.2% 36.89%

* Annualized

Total Return Ranking - Calendar

Period SSHVX Return Category Return Low Category Return High Rank in Category (%)
2023 17.7% -15.9% 46.7% 12.91%
2022 -10.4% -42.0% 8.5% 86.09%
2021 24.0% 3.6% 129.7% 74.20%
2020 8.0% -22.6% 304.8% 17.55%
2019 23.5% -12.7% 52.1% 72.86%

NAV & Total Return History


SSHVX - Holdings

Concentration Analysis

SSHVX Category Low Category High SSHVX % Rank
Net Assets 977 M 1.69 M 163 B 49.23%
Number of Holdings 38 2 1683 89.38%
Net Assets in Top 10 367 M 435 K 38.9 B 45.63%
Weighting of Top 10 35.46% 4.8% 98.8% 22.27%

Top 10 Holdings

  1. PVH Corp. 4.04%
  2. Wells Fargo Co. 3.96%
  3. Capital One Financial Corp. 3.90%
  4. Flex, Ltd. 3.79%
  5. General Motors Co. 3.72%
  6. Teva Pharmaceutical Industries, Ltd. 3.70%
  7. Fidelity National Information Services, Inc. 3.37%
  8. First American Government Obligations Fund 3.05%
  9. Vistra Corp. 3.01%
  10. Organon Co. 2.92%

Asset Allocation

Weighting Return Low Return High SSHVX % Rank
Stocks
97.27% 2.48% 108.67% 70.03%
Cash
3.05% 0.00% 20.27% 21.69%
Preferred Stocks
0.00% 0.00% 14.68% 47.16%
Other
0.00% -1.68% 42.55% 61.03%
Convertible Bonds
0.00% 0.00% 3.66% 44.48%
Bonds
0.00% -1.92% 77.58% 46.80%

Stock Sector Breakdown

Weighting Return Low Return High SSHVX % Rank
Healthcare
26.28% 0.00% 30.08% 2.00%
Financial Services
21.31% 0.00% 58.05% 28.52%
Consumer Cyclical
18.65% 0.00% 22.74% 1.36%
Technology
15.07% 0.00% 54.02% 20.71%
Energy
4.82% 0.00% 54.00% 81.56%
Communication Services
4.46% 0.00% 26.58% 69.39%
Utilities
4.04% 0.00% 27.04% 56.86%
Industrials
3.19% 0.00% 42.76% 97.00%
Consumer Defense
2.17% 0.00% 34.10% 94.55%
Real Estate
0.00% 0.00% 90.54% 91.10%
Basic Materials
0.00% 0.00% 21.69% 94.73%

Stock Geographic Breakdown

Weighting Return Low Return High SSHVX % Rank
US
97.27% 2.48% 108.67% 53.83%
Non US
0.00% 0.00% 26.07% 60.67%

SSHVX - Expenses

Operational Fees

SSHVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.03% 14.82% 56.37%
Management Fee 0.75% 0.00% 1.50% 84.03%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% 4.67%

Sales Fees

SSHVX 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 0.95% 5.00% N/A

Trading Fees

SSHVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

SSHVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 0.00% 488.00% 59.10%

SSHVX - Distributions

Dividend Yield Analysis

SSHVX Category Low Category High SSHVX % Rank
Dividend Yield 7.27% 0.00% 16.67% 33.60%

Dividend Distribution Analysis

SSHVX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Semi-Annually Monthly Quarterly

Net Income Ratio Analysis

SSHVX Category Low Category High SSHVX % Rank
Net Income Ratio 1.03% -1.51% 4.28% 68.88%

Capital Gain Distribution Analysis

SSHVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

SSHVX - Fund Manager Analysis

Managers

Harry Burn


Start Date

Tenure

Tenure Rank

May 17, 1985

37.06

37.1%

Harry Burn, III holds the Chartered Financial Analyst designation and received his B.A. and M.B.A. from the University of Virginia. He co-founded Sound Shore Management, Inc. in 1978 and has served as a portfolio manager since that date.

T. Gibbs Kane


Start Date

Tenure

Tenure Rank

May 17, 1985

37.06

37.1%

T. Gibbs Kane, Jr. holds the Chartered Financial Analyst designation and received his B.S.E. from the University of Pennsylvania Wharton School. He co-founded Sound Shore Management, Inc. in 1978 and has served as a portfolio manager since that date.

John DeGulis


Start Date

Tenure

Tenure Rank

Sep 30, 2003

18.68

18.7%

John P. DeGulis received a B.A. in Economics from Northwestern University, and M.B.A. from Columbia Business School. He joined the Sound Shore Management, Inc. as an analyst in 1996 and became a portfolio manager in 2003.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 7.96 6.71