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Meritage Yield-Focus Equity Fund Investor Shares (MPYEX)

11.45
Net Asset Value
+0.62%
1 Day
+3.53%
Year-to-Date
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
2.06%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital with an emphasis on high current income. Under normal circumstances- the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities. With respect to 10% of its total assets- the fund may use exchange-traded funds ("ETFs") to invest in particular sectors instead of investing directly in companies comprising those sectors.

Performance

1 month+3.20% 3 years+5.57%
3 months+5.56% 5 years--
1 year+14.80% Since inception+5.42%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MPYEXCategory
Performance 5-yr return--+11.40%
Expense ratio2.06%1.32%
Risk 5 year sharpe ratio--1.15
Net assets$28.0M$1.1B
Average market cap$22.3B$45.0B
Average P/E16.119.5
Portfolio turnover60%60%

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Fund Management and Purchase Info

Fund familyMeritage Portfolio Management
Fund manager & tenureMark Eveans / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock70.47%
International stock20.16%
Other5.49%
Cash3.87%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GRMN Garmin Ltd2.59%
MO Altria Group2.34%
IVZ Invesco Ltd2.31%
FII Federated Investors Inc2.29%
IBM IBM2.23%
T AT&T2.22%
VZ Verizon2.20%
-- 2.19%
ETR Entergy Corp2.18%
RIO Rio Tinto2.13%