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Villere Balanced Fund
mutual fund
VILLX
Payout Change
Pending
Price as of:
$20.62
-0.06
-0.29%
primary theme
U.S. Growth/Balanced Allocation
share class
VILLX (Mutual Fund)
Villere Balanced Fund
Payout Change
Pending
Price as of:
$20.62
-0.06
-0.29%
primary theme
U.S. Growth/Balanced Allocation
share class
VILLX (Mutual Fund)
Villere Balanced Fund
Payout Change
Pending
Price as of:
$20.62
-0.06
-0.29%
primary theme
U.S. Growth/Balanced Allocation
share class
Name
As of 12/13/2024Price
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
Vitals
YTD Return
4.7%
1 yr return
5.5%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
2.3%
Net Assets
$130 M
Holdings in Top 10
44.4%
52 WEEK LOW AND HIGH
$20.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
VILLX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVillere Balanced Fund
-
Fund Family NameVillere
-
Inception DateApr 05, 2001
-
Shares Outstanding7622537
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDenis Villere
Fund Description
The Balanced Fund pursues its investment objective by principally investing in a combination of common stocks of domestic companies with a minimum market capitalization of $150 million at the time of purchase, as well as high quality fixed-income obligations (i.e., U.S. government and corporate bonds, notes and bills).
Under normal market conditions, the Balanced Fund invests 50% to 80% of its assets in equity securities selected primarily for their growth potential and 20% to 50% of its assets in equity and fixed-income securities selected primarily for their income potential. Additionally, the Balanced Fund may participate in securities lending arrangements with brokers, dealers and financial institutions (but not individuals) in order to increase the return on its portfolio. In selecting investments, the Adviser places a greater emphasis on the income component of the Fund’s portfolio than might be the case for a traditional equity fund.
Of the securities selected for income potential, under normal market conditions, the Balanced Fund will invest at least 25% of its assets in fixed-income securities and short-term instruments. Fixed-income securities will primarily be investment grade, with maturities generally ranging from three to ten years, with an average maturity of approximately four years. The Balanced Fund may also invest up to 10% in domestic high yield debt or “junk bonds” (higher-risk, lower-rated fixed-income securities such as those rated lower than BBB- by S&P or lower than Baa3 by Moody’s). The Balanced Fund's investments in any one sector may exceed 25% of its net assets.
A stock will be considered for sale by the Balanced Fund when its price-to-earnings ratio substantially exceeds its growth rate or when other factors indicate to the Adviser that its competitive advantage is lost. The Adviser may sell a fixed-income security when there is perceived deterioration in the credit fundamentals of the issuer or if the Adviser believes it would be appropriate to do so in order to readjust the duration of the Fund’s investment portfolio. Sales may also be made when consecutive quarterly disappointments occur such as the company not meeting the Adviser’s goals in revenue, earnings or cash flow.
VILLX - Performance
Return Ranking - Trailing
| Period | VILLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | 2.7% | 26.6% | 99.30% |
| 1 Yr | 5.5% | 4.9% | 38.3% | 99.30% |
| 3 Yr | -1.5%* | -8.4% | 11.5% | 98.92% |
| 5 Yr | 2.3%* | 2.0% | 13.8% | 99.23% |
| 10 Yr | 3.8%* | 1.2% | 11.9% | 97.17% |
* Annualized
Return Ranking - Calendar
| Period | VILLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.8% | -6.9% | 29.3% | 76.92% |
| 2022 | -22.8% | -37.4% | -8.2% | 73.84% |
| 2021 | -4.5% | -9.8% | 25.4% | 98.91% |
| 2020 | 4.5% | -21.0% | 25.4% | 69.88% |
| 2019 | 21.0% | -8.3% | 27.9% | 6.35% |
Total Return Ranking - Trailing
| Period | VILLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | 2.7% | 26.6% | 99.30% |
| 1 Yr | 5.5% | 4.9% | 38.3% | 99.30% |
| 3 Yr | -1.5%* | -8.4% | 11.5% | 98.92% |
| 5 Yr | 2.3%* | 2.0% | 13.8% | 99.23% |
| 10 Yr | 3.8%* | 1.2% | 11.9% | 97.17% |
* Annualized
Total Return Ranking - Calendar
| Period | VILLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.7% | -0.9% | 33.0% | 83.92% |
| 2022 | -19.6% | -36.0% | -0.9% | 96.06% |
| 2021 | 7.2% | -7.8% | 33.9% | 98.91% |
| 2020 | 11.0% | -16.2% | 25.4% | 66.41% |
| 2019 | 21.9% | 7.3% | 34.8% | 52.78% |
NAV & Total Return History
VILLX - Holdings
Concentration Analysis
| VILLX | Category Low | Category High | VILLX % Rank | |
|---|---|---|---|---|
| Net Assets | 130 M | 1.43 M | 120 B | 83.28% |
| Number of Holdings | 66 | 4 | 2696 | 29.97% |
| Net Assets in Top 10 | 53.8 M | 1.28 M | 27.7 B | 89.90% |
| Weighting of Top 10 | 44.35% | 19.7% | 118.4% | 71.08% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 13.24%
- Ligand Pharmaceuticals Inc 4.82%
- Pool Corp 4.15%
- Teleflex Inc 4.02%
- Stryker Corp 3.99%
- Progressive Corp/The 3.16%
- Roper Technologies Inc 2.86%
- Option Care Health Inc 2.75%
- Monster Beverage Corp 2.69%
- Palomar Holdings Inc 2.67%
Asset Allocation
| Weighting | Return Low | Return High | VILLX % Rank | |
|---|---|---|---|---|
| Stocks | 73.65% | 0.00% | 100.10% | 73.87% |
| Bonds | 23.60% | 0.00% | 102.71% | 8.01% |
| Cash | 14.31% | 0.00% | 100.00% | 2.44% |
| Preferred Stocks | 1.54% | 0.00% | 16.57% | 4.18% |
| Other | 0.00% | -0.25% | 26.93% | 58.19% |
| Convertible Bonds | 0.00% | 0.00% | 26.48% | 94.74% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VILLX % Rank | |
|---|---|---|---|---|
| Healthcare | 26.26% | 0.00% | 36.30% | 2.11% |
| Financial Services | 25.16% | 0.28% | 52.80% | 3.51% |
| Technology | 23.33% | 3.31% | 52.93% | 7.02% |
| Industrials | 10.66% | 1.16% | 32.55% | 47.72% |
| Consumer Cyclical | 7.60% | 0.00% | 16.01% | 82.46% |
| Basic Materials | 6.99% | 0.00% | 11.49% | 4.91% |
| Utilities | 0.00% | 0.00% | 31.67% | 96.14% |
| Real Estate | 0.00% | 0.00% | 33.86% | 96.14% |
| Energy | 0.00% | 0.00% | 29.22% | 97.89% |
| Communication Services | 0.00% | 0.00% | 26.62% | 98.25% |
| Consumer Defense | 0.00% | 0.00% | 14.86% | 97.54% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VILLX % Rank | |
|---|---|---|---|---|
| US | 73.65% | 0.00% | 100.10% | 69.69% |
| Non US | 0.00% | 0.00% | 21.17% | 66.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | VILLX % Rank | |
|---|---|---|---|---|
| Corporate | 79.70% | 0.00% | 98.43% | 5.61% |
| Cash & Equivalents | 14.31% | 0.00% | 99.25% | 3.14% |
| Derivative | 0.00% | -0.45% | 26.43% | 51.92% |
| Securitized | 0.00% | 0.00% | 37.97% | 91.93% |
| Municipal | 0.00% | 0.00% | 17.02% | 84.56% |
| Government | 0.00% | 0.00% | 99.71% | 96.49% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | VILLX % Rank | |
|---|---|---|---|---|
| US | 23.60% | 0.00% | 102.71% | 8.01% |
| Non US | 0.00% | 0.00% | 1.68% | 56.10% |
VILLX - Expenses
Operational Fees
| VILLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.04% | 0.04% | 4.67% | 42.86% |
| Management Fee | 0.75% | 0.00% | 1.25% | 90.59% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.25% | 58.85% |
Sales Fees
| VILLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VILLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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.
| VILLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 4.00% | 236.00% | 49.08% |
VILLX - Distributions
Dividend Yield Analysis
| VILLX | Category Low | Category High | VILLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.61% | 0.00% | 10.22% | 65.85% |
Dividend Distribution Analysis
| VILLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| VILLX | Category Low | Category High | VILLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.38% | -1.12% | 6.07% | 85.61% |
Capital Gain Distribution Analysis
| VILLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2023 | $0.127 | OrdinaryDividend |
| Dec 19, 2023 | $0.201 | CapitalGainLongTerm |
| Dec 16, 2022 | $0.755 | OrdinaryDividend |
| Dec 17, 2021 | $2.782 | OrdinaryDividend |
| Dec 18, 2020 | $1.501 | OrdinaryDividend |
| Dec 19, 2019 | $0.171 | OrdinaryDividend |
| Dec 19, 2018 | $1.152 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.235 | OrdinaryDividend |
| Dec 21, 2017 | $0.154 | OrdinaryDividend |
| Dec 21, 2016 | $0.183 | OrdinaryDividend |
| Dec 22, 2015 | $2.555 | CapitalGainLongTerm |
| Dec 22, 2015 | $0.201 | OrdinaryDividend |
| Dec 18, 2014 | $0.010 | CapitalGainShortTerm |
| Dec 18, 2014 | $1.066 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.297 | OrdinaryDividend |
| Dec 17, 2013 | $0.042 | CapitalGainShortTerm |
| Dec 17, 2013 | $0.350 | CapitalGainLongTerm |
| Dec 17, 2013 | $0.100 | OrdinaryDividend |
| Dec 05, 2012 | $0.084 | CapitalGainShortTerm |
| Dec 05, 2012 | $0.257 | CapitalGainLongTerm |
| Dec 05, 2012 | $0.126 | OrdinaryDividend |
| Dec 15, 2011 | $0.393 | CapitalGainLongTerm |
| Dec 15, 2011 | $0.133 | OrdinaryDividend |
| Dec 16, 2010 | $0.181 | OrdinaryDividend |
| Dec 17, 2009 | $0.163 | OrdinaryDividend |
| Dec 17, 2008 | $0.165 | CapitalGainLongTerm |
| Dec 17, 2008 | $0.120 | OrdinaryDividend |
| Dec 13, 2007 | $0.023 | CapitalGainShortTerm |
| Dec 13, 2007 | $0.535 | CapitalGainLongTerm |
| Dec 13, 2007 | $0.263 | OrdinaryDividend |
| Dec 15, 2006 | $0.249 | CapitalGainLongTerm |
| Dec 15, 2006 | $0.123 | OrdinaryDividend |
| Dec 15, 2005 | $0.571 | CapitalGainLongTerm |
| Dec 15, 2005 | $0.070 | OrdinaryDividend |
| Dec 15, 2004 | $0.215 | CapitalGainLongTerm |
| Dec 15, 2004 | $0.031 | OrdinaryDividend |
| Dec 19, 2003 | $0.031 | OrdinaryDividend |
VILLX - Fund Manager Analysis
Managers
Denis Villere
Start Date
Tenure
Tenure Rank
Sep 30, 1999
22.68
22.7%
Mr. St. Denis J. ("Sandy") Villere, III is a member of St. Denis J. Villere & Company, LLC and serves as a portfolio manager. As a portfolio manager, Mr. Villere is responsible for the day-to-day management of each Fund's portfolio. Mr. Villere received a business degree from Southern Methodist University in 1997. He was an institutional research analyst and equity salesman with Gerard Klauer Mattison, a Wall Street institutional equity research firm, for two years before coming to St. Denis J. Villere & Company, LLC. He is a member of the CFA Institute.
George Young
Start Date
Tenure
Tenure Rank
Sep 30, 1999
22.68
22.7%
Mr. George V. Young is a portfolio manager of St. Denis J. Villere & Company, LLC. Mr. Young graduated from the University of Virginia with a B.A. in English in 1980. He has managed investment advisory accounts for the firm since 1986. Mr. Young is the nephew of George Villere and St. Denis Villere and the cousin of St. Denis Villere III, each of whom is a member of the firm.
Lamar Villere
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Mr. Lamar G. Villere is an employee of St. Denis J. Villere & Company, LLC. Mr. Villere graduated from Washington & Lee University with a B.A. in Journalism and Mass Communications in 1997 and from Vanderbilt University in 2002 with an M.B.A. Mr. Villere received the designation of Chartered Financial Analyst in 2004. Most recently, Mr. Villere was head of Private Equity, Tennessee Pension. Other experience was head of Alternatives, Illinois Teachers’ Pension and as an equity analyst at Morgan Keegan & Co. Mr. Villere is the son of George G. Villere, nephew of St. Denis J. Villere, Sr. and cousin of George V. Young and St. Denis J. Villere III, each of whom is a member of the firm.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 38.44 | 7.38 | 2.41 |
