Ariel Appreciation Fund Investor Class (CAAPX)

42.81
Net Asset Value
+0.05%
1 Day
+10.88%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
1.13%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests in mid-capitalization undervalued companies that show strong potential for growth. It invests primarily in equity securities of U.S. companies that have market capitalizations within the range of the companies in the Russell Midcap  Index, measured at the time of initial purchase. The fund seeks to invest in quality companies in industries in which Ariel has expertise. This often results in the fund investing a significant portion of its assets among fewer sectors than its benchmarks.

Performance

1 month-4.44% 3 years+4.10%
3 months-2.84% 5 years+3.70%
1 year-7.01% Since inception+10.37%
Data through --

Peer Comparisonvs. Mid-cap value

 CAAPXCategory
Performance 5-yr return+3.70%+5.57%
Expense ratio1.13%1.11%
Risk 5 year sharpe ratio0.370.46
Net assets$1.4B$1.8B
Average market cap$11.0B$10.9B
Average P/E14.816.4
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyAriel Investments
Fund manager & tenureJohn Rogers / 16 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock97.90%
Cash2.10%
International stock0.00%
Fixed income0.00%
Other0.00%
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 Inc4.27%
LH Laboratory Corporation of America Holdings4.27%
AFL Aflac Inc4.24%
FAF First American Financial Corp4.22%
NTRS Northern Trust4.10%
SJM J M Smucker Co3.82%
KMT Kennametal Inc3.79%
ZBH Zimmer Biomet Holdings Inc3.62%
BWA BorgWarner Inc3.56%
PGR Progressive Corp3.45%