Meritage Yield-Focus Equity Fund Investor Shares (MPYEX)

11.42
Net Asset Value
+0.53%
1 Day
+3.25%
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+3.63% 3 years+8.00%
3 months+5.38% 5 years--
1 year+14.25% Since inception+5.45%
Data through --

Peer Comparisonvs. Allocation--85%+ equity

 MPYEXCategory
Performance 5-yr return--+9.49%
Expense ratio2.06%1.31%
Risk 5 year sharpe ratio--0.89
Net assets$28.8M$1.0B
Average market cap$22.6B$47.8B
Average P/E13.917.5
Portfolio turnover60%60%

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

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. stock75.42%
International stock16.91%
Cash3.93%
Other3.74%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
IBM IBM2.66%
BDCPRB Belden Inc2.64%
T AT&T2.47%
PAGP Plains GP Holdings LP2.31%
KMI Kinder Morgan2.26%
MRK Merck2.24%
RDSB Royal Dutch Shell2.19%
VZ Verizon2.10%
AB AllianceBernstein Holding LP2.01%
UFS Domtar Corp1.99%