13D Activist Fund Class I (DDDIX)

16.14
Net Asset Value
+0.81%
1 Day
+3.33%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.50%
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-6.27% 3 years--
3 months-6.81% 5 years--
1 year+6.68% Since inception+23.38%
Data through --

Peer Comparisonvs. Mid-cap growth

 DDDIXCategory
Performance 5-yr return--+14.82%
Expense ratio1.50%1.34%
Risk 5 year sharpe ratio--0.94
Net assets$347.3M$1.3B
Average market cap$6.0B$8.6B
Average P/E22.623.7
Portfolio turnover73%73%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund family13D Management LLC
Fund manager & tenureKen Squire / 2 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock84.13%
Cash8.23%
International stock7.64%
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 Corp6.23%
-- Canadian Pacific Railway Ltd4.00%
UNT Unit Corp3.97%
CBRL Cracker Barrel Old Country Store Inc3.91%
CHK Chesapeake Energy Corp3.65%
MSI Motorola Solutions Inc3.18%
CBG CBRE Group Inc3.13%
ASH Ashland Inc3.03%
MWV MeadWestvaco Corp2.85%
CACI CACI International Inc Class A2.81%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.