13D Activist Fund Class A (DDDAX)

17.39
Net Asset Value
+0.40%
1 Day
+11.98%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
5.75
Sales Expenses
1.75%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks the investment objective is capital appreciation. The fund invests primarily in common stocks of U.S. companies that are the target of shareholder activism. The adviser defines an activist situation as one where an investor holds more than 5% of a company's shares and either (A) has a history of activist investing and/or (B) has a publicly disclosed catalyst for change such as seeking Board seats, improving operations and/or corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.

Performance

1 month+0.46% 3 years--
3 months+4.34% 5 years--
1 year+21.82% Since inception+25.42%
Data through --

Peer Comparisonvs. Mid-cap growth

 DDDAXCategory
Performance 5-yr return--+18.98%
Expense ratio1.75%1.34%
Risk 5 year sharpe ratio--1.03
Net assets$324.7M$1.3B
Average market cap$6.6B$8.8B
Average P/E21.624.6
Portfolio turnover73%73%

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Fund Management and Purchase Info

Fund family13D Management LLC
Fund manager & tenureKen Squire / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock79.06%
International stock12.10%
Cash8.83%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
HHC Howard Hughes Corp5.35%
-- Valeant Pharmaceuticals International Inc5.25%
UNT Unit Corp3.72%
CBRL Cracker Barrel Old Country Store Inc3.62%
LEA Lear Corp3.45%
-- Canadian Pacific Railway Ltd3.27%
CHK Chesapeake Energy Corp2.96%
MSI Motorola Solutions Inc2.92%
CACI CACI International Inc Class A2.91%
ASH Ashland Inc2.73%

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