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 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
8.9%
1 yr return
20.9%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
7.6%
Net Assets
$338 M
Holdings in Top 10
40.1%
Expense Ratio 1.79%
Front Load 5.50%
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$100
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund pursues capital appreciation in emerging markets small-cap equities. The fund invests in a select group of small-cap companies believed by the subadviser to be undervalued relative to their future market growth potential. The investment strategy emphasizes companies that the subadviser believes to have a sustainable competitive advantage, strong management and low financial risk and to be able to grow over market cycles.
Under normal circumstances, the fund invests at least 80% of its assets in equity or equity-linked securities of small capitalization companies located in emerging markets countries. The fund’s subadviser considers small-capitalization companies to be those companies that, at the time of initial purchase, have market capitalizations of less than $8 billion. Emerging markets countries generally include every nation in the world except the U.S., Canada, Japan, Australia, New Zealand and most nations located in Western Europe. The fund intends to diversify its investments among countries and normally to have represented in the portfolio business activities of a number of different countries. In determining “location” of an issuer, the subadviser primarily relies on the country where the issuer is incorporated. However, the country of risk is ultimately determined based on analysis of the following criteria: actual building address (domicile), primary exchange on which the security is traded and country in which the greatest percentage of company revenue or profit is generated. This evaluation is conducted so as to determine that the issuer’s assets are exposed to the economic fortunes and risks of the designated country. Equity securities in which the fund invests include common stocks, preferred stocks and American Depositary Receipts (ADRs). The subadviser does not use allocation models to restrict the fund’s investments to certain regions, countries or industries. Generally, the fund invests in approximately 30-60 securities at any given time.
Period | VAESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.9% | -12.2% | 31.6% | 81.95% |
1 Yr | 20.9% | -5.3% | 42.4% | 42.74% |
3 Yr | -0.9%* | -13.4% | 12.0% | 34.85% |
5 Yr | 7.6%* | -5.3% | 11.5% | 10.03% |
10 Yr | 6.6%* | -2.1% | 6.6% | 2.76% |
* Annualized
Period | VAESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | -6.5% | 35.5% | 2.39% |
2022 | -24.2% | -50.1% | -2.4% | 47.39% |
2021 | -9.6% | -33.1% | 22.5% | 70.25% |
2020 | 37.1% | -22.1% | 80.1% | 5.77% |
2019 | 15.9% | -0.7% | 42.0% | 65.84% |
Period | VAESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.9% | -12.2% | 31.6% | 81.95% |
1 Yr | 20.9% | -5.3% | 42.4% | 42.74% |
3 Yr | -0.9%* | -13.4% | 12.0% | 34.85% |
5 Yr | 7.6%* | -5.3% | 11.5% | 10.03% |
10 Yr | 6.6%* | -2.1% | 6.6% | 2.76% |
* Annualized
Period | VAESX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | -2.7% | 42.0% | 4.63% |
2022 | -24.2% | -42.2% | 1.9% | 63.48% |
2021 | -1.9% | -32.5% | 33.1% | 54.45% |
2020 | 38.5% | -20.0% | 81.6% | 6.09% |
2019 | 18.1% | 2.3% | 42.0% | 72.31% |
VAESX | Category Low | Category High | VAESX % Rank | |
---|---|---|---|---|
Net Assets | 338 M | 682 K | 103 B | 59.05% |
Number of Holdings | 42 | 9 | 7534 | 93.41% |
Net Assets in Top 10 | 129 M | 290 K | 23.8 B | 53.16% |
Weighting of Top 10 | 40.07% | 2.9% | 101.1% | 30.06% |
Weighting | Return Low | Return High | VAESX % Rank | |
---|---|---|---|---|
Stocks | 93.66% | 0.00% | 107.82% | 81.49% |
Cash | 6.34% | -2.03% | 98.08% | 4.91% |
Preferred Stocks | 0.00% | 0.00% | 13.31% | 94.67% |
Other | 0.00% | -1.11% | 26.93% | 87.38% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 88.56% |
Bonds | 0.00% | 0.00% | 88.10% | 88.64% |
Weighting | Return Low | Return High | VAESX % Rank | |
---|---|---|---|---|
Industrials | 29.61% | 0.00% | 43.53% | 0.57% |
Technology | 19.83% | 0.00% | 47.50% | 69.74% |
Consumer Defense | 14.01% | 0.00% | 25.90% | 4.97% |
Communication Services | 11.37% | 0.00% | 39.29% | 18.75% |
Financial Services | 11.03% | 0.00% | 48.86% | 93.61% |
Healthcare | 5.06% | 0.00% | 16.53% | 31.82% |
Basic Materials | 4.02% | 0.00% | 30.03% | 80.97% |
Consumer Cyclical | 3.59% | 0.00% | 48.94% | 98.72% |
Energy | 1.49% | 0.00% | 24.80% | 80.97% |
Utilities | 0.00% | 0.00% | 39.12% | 96.88% |
Real Estate | 0.00% | 0.00% | 17.15% | 98.01% |
Weighting | Return Low | Return High | VAESX % Rank | |
---|---|---|---|---|
Non US | 85.87% | 0.00% | 100.18% | 52.73% |
US | 7.79% | 0.00% | 100.95% | 55.68% |
VAESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.79% | 0.03% | 29.98% | 26.02% |
Management Fee | 1.20% | 0.00% | 2.00% | 94.52% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.10% |
Administrative Fee | 0.10% | 0.01% | 0.85% | 61.01% |
VAESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 57.30% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
VAESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
VAESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 189.00% | 47.07% |
VAESX | Category Low | Category High | VAESX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.74% | 99.58% |
VAESX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
VAESX | Category Low | Category High | VAESX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.11% | -1.98% | 17.62% | 79.48% |
VAESX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Dec 22, 2021 | $1.321 | OrdinaryDividend |
Dec 22, 2020 | $0.170 | OrdinaryDividend |
Dec 20, 2019 | $0.234 | OrdinaryDividend |
Dec 17, 2018 | $0.034 | OrdinaryDividend |
Dec 20, 2017 | $0.066 | OrdinaryDividend |
Dec 21, 2016 | $0.170 | OrdinaryDividend |
Dec 22, 2015 | $0.152 | OrdinaryDividend |
Dec 22, 2014 | $0.120 | OrdinaryDividend |
Dec 22, 2014 | $0.225 | CapitalGainShortTerm |
Dec 30, 2013 | $0.024 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Dec 17, 2013
8.46
8.5%
Craig Thrasher, CFA, is a Portfolio Manager and Research Analyst at Kayne. Before joining Kayne Anderson Rudnick in 2008, Mr. Thrasher worked at Kirr, Marbach & Company as an Equity Analyst and at Wedbush Morgan Securities in correspondent credit. He has approximately 14 years of equity research experience. Mr. Thrasher earned a B.S. in Business and Public Administration, concentration in Finance, from the University of Arizona, and an M.B.A. from the University of Chicago, Graduate School of Business. Mr. Thrasher is a Chartered Financial Analyst charterholder.
Start Date
Tenure
Tenure Rank
Apr 30, 2017
5.09
5.1%
Hyung Kim is a Portfolio Manager and Senior Research Analyst with approximately 16 years of research experience. Before joining KAR in 2017, Mr. Kim worked as an International Equity Analyst for Advisory Research Inc. for seven years and as a Portfolio Manager on their Global Value strategy. Prior to joining Advisory Research, Mr. Kim worked as a research analyst at Coghill Capital Management and in corporate banking at HSBC and Woori Bank in Seoul, Korea. He earned an M.B.A. from the University of Chicago Booth School of Business. He is fluent in Korean and German.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.66 | 13.42 |
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