Meritage Yield-Focus Equity Fund Investor Shares (MPYEX)

11.07
Net Asset Value
0.00%
1 Day
+10.92%
Year-to-Date
Overall Morningstar Rating
Allocation--85%+ equity
Style or Category
No Load
Sales Expenses
1.91%
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+5.63% 3 years+7.34%
3 months+3.22% 5 years+3.29%
1 year-0.88% Since inception+3.85%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MPYEXCategory
Performance 5-yr return+3.29%+5.79%
Expense ratio1.91%1.30%
Risk 5 year sharpe ratio0.140.40
Net assets$27.6M$946.9M
Average market cap$26.2B$55.4B
Average P/E13.317.7
Portfolio turnover73%73%

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Fund Management and Purchase Info

Fund familyMeritage Portfolio Management
Fund manager & tenureMark Eveans / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock80.10%
International stock15.05%
Other3.02%
Cash1.83%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
CNPPRB CenterPoint Energy Inc3.02%
VLO Valero Energy3.00%
KMI Kinder Morgan2.67%
LAZ Lazard Ltd2.62%
SPHD Invesco S&P 500® High Dividend Low Volatility ETF2.53%
PPL PPL2.43%
TGT Target2.39%
NHI National Health Investors Inc2.38%
SWP Stanley Black & Decker Inc2.36%
KEY KeyCorp2.25%