Meritage Yield-Focus Equity Fund Investor Shares (MPYEX)

10.97
Net Asset Value
-0.09%
1 Day
-0.81%
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+2.33% 3 years+4.24%
3 months+2.58% 5 years--
1 year+9.58% Since inception+4.60%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MPYEXCategory
Performance 5-yr return--+9.40%
Expense ratio2.06%1.31%
Risk 5 year sharpe ratio--0.91
Net assets$27.8M$1.0B
Average market cap$23.2B$45.5B
Average P/E12.917.5
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. stock70.96%
International stock21.09%
Other4.98%
Cash2.98%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
IBM IBM3.03%
BDCPRB Belden Inc2.38%
RIO Rio Tinto2.32%
T AT&T2.19%
MO Altria Group2.16%
MRK Merck2.10%
VZ Verizon2.08%
-- 2.06%
ETR Entergy Corp2.02%
IVZ Invesco Ltd1.99%