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Villere Equity Fund
mutual fund
VLEQX
Payout Change
Suspended
Price as of:
$11.56
-0.07
-0.6%
primary theme
U.S. Mid-Cap Growth Equity
share class
VLEQX (Mutual Fund)
Villere Equity Fund
Payout Change
Suspended
Price as of:
$11.56
-0.07
-0.6%
primary theme
U.S. Mid-Cap Growth Equity
share class
VLEQX (Mutual Fund)
Villere Equity Fund
Payout Change
Suspended
Price as of:
$11.56
-0.07
-0.6%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/12/2024Price
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
5.5%
1 yr return
5.0%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
1.7%
Net Assets
$40.9 M
Holdings in Top 10
59.4%
52 WEEK LOW AND HIGH
$11.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,000
IRA
$2,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
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
VLEQX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameVillere Equity Fund
-
Fund Family NameVillere
-
Inception DateMay 31, 2013
-
Shares Outstanding3594725
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDenis Villere
Fund Description
The Equity Fund strives to be fully invested at all times. Under normal market conditions, the Equity Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Equity Fund will provide shareholders with at least 60 days notice before changing this 80% policy. The Adviser utilizes a bottom-up approach to select domestic equity securities that it believes will offer growth regardless of the economic cycle, interest rates or political climate. The Equity Fund may invest in companies of any capitalization size. The Equity Fund primarily invests in common stocks of approximately 20 to 30 companies, but may also invest in preferred stocks, rights and warrants, and may occasionally invest in initial public offerings of companies. The Equity Fund may invest up to 10% of its assets in foreign securities through American Depositary Receipts (“ADRs”). Additionally, the Equity 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. The Equity Fund's investments in any one sector may exceed 25% of its net assets.
A stock will be considered for sale by the Equity 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. 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.
VLEQX - Performance
Return Ranking - Trailing
| Period | VLEQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | 4.4% | 113.0% | 96.89% |
| 1 Yr | 5.0% | 9.9% | 118.3% | 99.42% |
| 3 Yr | -2.5%* | -14.1% | 62.2% | 90.20% |
| 5 Yr | 1.7%* | -2.1% | 104.0% | 98.54% |
| 10 Yr | 3.1%* | 3.1% | 26.0% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | VLEQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.4% | -27.7% | 68.0% | 94.94% |
| 2022 | -26.6% | -85.6% | 52.8% | 25.44% |
| 2021 | -2.6% | -74.9% | 238.3% | 55.04% |
| 2020 | 13.9% | -44.1% | 2474.5% | 83.96% |
| 2019 | 24.3% | -50.2% | 44.0% | 60.00% |
Total Return Ranking - Trailing
| Period | VLEQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | 4.4% | 113.0% | 96.89% |
| 1 Yr | 5.0% | 9.9% | 118.3% | 99.42% |
| 3 Yr | -2.5%* | -14.1% | 62.2% | 90.20% |
| 5 Yr | 1.7%* | -2.1% | 104.0% | 98.54% |
| 10 Yr | 3.1%* | 3.1% | 26.0% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | VLEQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.3% | -26.1% | 68.0% | 93.58% |
| 2022 | -24.5% | -67.0% | 56.8% | 29.75% |
| 2021 | 5.8% | -23.5% | 342.2% | 83.27% |
| 2020 | 14.8% | 2.6% | 2549.1% | 96.25% |
| 2019 | 24.5% | 14.6% | 44.8% | 96.77% |
NAV & Total Return History
VLEQX - Holdings
Concentration Analysis
| VLEQX | Category Low | Category High | VLEQX % Rank | |
|---|---|---|---|---|
| Net Assets | 40.9 M | 2.73 M | 100 B | 93.80% |
| Number of Holdings | 44 | 24 | 3569 | 83.91% |
| Net Assets in Top 10 | 24.8 M | 670 K | 11.3 B | 90.50% |
| Weighting of Top 10 | 59.45% | 4.5% | 97.8% | 8.33% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 20.20%
- Invesco Government Agency Portfolio 7.88%
- Ligand Pharmaceuticals Inc 5.15%
- Teleflex Inc 4.15%
- Pool Corp 4.13%
- Stryker Corp 3.70%
- Palomar Holdings Inc 3.63%
- Roper Technologies Inc 3.62%
- Atlas Energy Solutions Inc 3.53%
- Uber Technologies Inc 3.48%
Asset Allocation
| Weighting | Return Low | Return High | VLEQX % Rank | |
|---|---|---|---|---|
| Stocks | 91.06% | 58.72% | 103.99% | 96.90% |
| Cash | 28.07% | 0.00% | 28.07% | 0.19% |
| Preferred Stocks | 1.08% | 0.00% | 6.15% | 3.49% |
| Other | 0.00% | -0.11% | 14.45% | 88.18% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 88.18% |
| Bonds | 0.00% | 0.00% | 2.73% | 88.18% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VLEQX % Rank | |
|---|---|---|---|---|
| Healthcare | 24.31% | 0.00% | 37.06% | 9.11% |
| Technology | 24.13% | 0.04% | 62.17% | 78.49% |
| Financial Services | 21.14% | 0.00% | 43.01% | 6.01% |
| Industrials | 10.67% | 0.00% | 38.23% | 79.07% |
| Consumer Cyclical | 7.41% | 0.00% | 57.41% | 92.05% |
| Basic Materials | 6.73% | 0.00% | 17.25% | 6.40% |
| Communication Services | 5.62% | 0.00% | 18.33% | 15.70% |
| Utilities | 0.00% | 0.00% | 12.94% | 91.67% |
| Real Estate | 0.00% | 0.00% | 19.28% | 98.06% |
| Energy | 0.00% | 0.00% | 62.10% | 94.96% |
| Consumer Defense | 0.00% | 0.00% | 16.40% | 97.67% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VLEQX % Rank | |
|---|---|---|---|---|
| US | 91.06% | 46.79% | 103.99% | 90.12% |
| Non US | 0.00% | 0.00% | 34.12% | 90.12% |
VLEQX - Expenses
Operational Fees
| VLEQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.32% | 0.02% | 17.54% | 30.62% |
| Management Fee | 0.75% | 0.00% | 1.50% | 62.14% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | 72.93% |
Sales Fees
| VLEQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VLEQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 77.27% |
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.
| VLEQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.00% | 250.31% | 29.89% |
VLEQX - Distributions
Dividend Yield Analysis
| VLEQX | Category Low | Category High | VLEQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 92.64% |
Dividend Distribution Analysis
| VLEQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| VLEQX | Category Low | Category High | VLEQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.32% | -2.24% | 2.75% | 27.56% |
Capital Gain Distribution Analysis
| VLEQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2023 | $0.508 | CapitalGainLongTerm |
| Dec 16, 2022 | $0.297 | CapitalGainLongTerm |
| Dec 17, 2021 | $1.157 | CapitalGainLongTerm |
| Dec 18, 2020 | $0.105 | CapitalGainLongTerm |
| Dec 19, 2019 | $0.022 | OrdinaryDividend |
| Dec 19, 2018 | $0.034 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.011 | OrdinaryDividend |
| Dec 22, 2015 | $0.163 | CapitalGainLongTerm |
| Dec 18, 2014 | $0.194 | CapitalGainLongTerm |
VLEQX - Fund Manager Analysis
Managers
Denis Villere
Start Date
Tenure
Tenure Rank
May 31, 2013
9.01
9.0%
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
May 31, 2013
9.01
9.0%
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 |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
