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Ariel Appreciation Fund Investor Class (CAAPX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of U.S. companies and the fund generally will have a weighted average market capitalization between $2 billion and $15 billion. It seeks to invest in quality companies in industries in which the Adviser has expertise including the financial services and consumer discretionary sectors. The fund only buys when Ariel believes that these companies are selling at excellent values. It does not invest in companies whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns.


1 month+1.75% 3 years+15.81%
3 months-7.45% 5 years+12.40%
1 year+6.21% Since inception+10.58%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+12.40%+11.19%
Expense ratio1.13%1.18%
Risk 5 year sharpe ratio0.760.84
Net assets$1.8B$1.5B
Average market cap$9.8B$6.7B
Average P/E15.317.4
Portfolio turnover24%24%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureJohn Rogers, Jr. / 13 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock99.33%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Financial service 27.42%
Media 18.60%
Healthcare 13.58%
Consumer service 13.05%
Business service 9.50%
Top 10 Holdings
Portfolio weighting
SWK Stanley Black & Decker Inc4.80%
AFL Aflac Inc4.51%
SJM J M Smucker Co4.28%
FAF First American Financial Corp4.17%
KMT Kennametal Inc4.09%
WU Western Union Co4.06%
ZBH Zimmer Biomet Holdings Inc3.98%
NTRS Northern Trust3.96%
IPG Interpublic Group of Companies Inc3.71%
OMC Omnicom Group Inc3.41%

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