Litman Gregory Masters Equity Inv
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
20.8%
1 yr return
1.2%
3 Yr Avg Return
11.5%
5 Yr Avg Return
7.8%
Net Assets
$292 M
Holdings in Top 10
26.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.68%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MSENX - Profile
Distributions
- YTD Total Return 20.8%
- 3 Yr Annualized Total Return 11.5%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.35%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameLitman Gregory Masters Equity Fund
-
Fund Family NameLitman Gregory Masters Funds
-
Inception DateApr 30, 2009
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRichard T. Weiss
Fund Description
MSENX - Performance
Return Ranking - Trailing
Period | MSENX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.8% | -11.0% | 42.2% | 68.25% |
1 Yr | 1.2% | -62.5% | 15.9% | 82.11% |
3 Yr | 11.5%* | -37.9% | 22.8% | 75.47% |
5 Yr | 7.8%* | -31.2% | 23.7% | 78.84% |
10 Yr | 14.7%* | -12.5% | 16.9% | 70.87% |
* Annualized
Return Ranking - Calendar
Period | MSENX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -21.8% | -65.5% | 9.4% | 86.30% |
2022 | 11.8% | -28.2% | 41.0% | 78.27% |
2021 | 5.8% | -56.6% | 18.1% | 14.91% |
2020 | -10.8% | -38.0% | 11.4% | 86.34% |
2019 | -0.2% | -52.4% | 105.4% | 58.85% |
Total Return Ranking - Trailing
Period | MSENX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 20.8% | -11.0% | 42.2% | 68.33% |
1 Yr | 1.2% | -62.5% | 23.6% | 45.44% |
3 Yr | 11.5%* | -37.9% | 29.1% | 50.22% |
5 Yr | 7.8%* | -31.2% | 32.5% | 53.84% |
10 Yr | 14.7%* | -12.5% | 19.8% | 48.22% |
* Annualized
Total Return Ranking - Calendar
Period | MSENX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -10.3% | -65.5% | 16.5% | 57.51% |
2022 | 20.8% | -28.2% | 48.9% | 71.11% |
2021 | 11.7% | -56.6% | 26.8% | 3.11% |
2020 | -2.0% | -38.0% | 17.3% | 74.36% |
2019 | 10.8% | -52.4% | 120.7% | 37.49% |
MSENX - Holdings
Concentration Analysis
MSENX | Category Low | Category High | MSENX % Rank | |
---|---|---|---|---|
Net Assets | 292 M | 998 K | 193 B | 76.58% |
Number of Holdings | 94 | 6 | 2032 | 30.79% |
Net Assets in Top 10 | 77.5 M | 592 K | 54.6 B | 81.40% |
Weighting of Top 10 | 26.53% | 13.6% | 2577.7% | 85.53% |
Top 10 Holdings
- Alphabet Inc A 3.62%
- Amazon.com Inc 3.30%
- Visa Inc Class A 3.13%
- Capital One Financial Corp 2.82%
- TE Connectivity Ltd 2.60%
- Netflix Inc 2.56%
- Alibaba Group Holding Ltd ADR 2.43%
- Berkshire Hathaway Inc A 2.27%
- Alphabet Inc Class C 2.00%
- Wells Fargo & Co 1.81%
Asset Allocation
Weighting | Return Low | Return High | MSENX % Rank | |
---|---|---|---|---|
Stocks | 92.46% | 17.95% | 116.95% | 89.74% |
Cash | 7.54% | -2543.91% | 54.51% | 7.63% |
Preferred Stocks | 0.00% | 0.00% | 18.88% | 41.32% |
Other | 0.00% | -21.17% | 4.37% | 44.12% |
Convertible Bonds | 0.00% | 0.00% | 2.66% | 33.86% |
Bonds | 0.00% | 0.00% | 2526.95% | 37.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MSENX % Rank | |
---|---|---|---|---|
Financial Services | 24.19% | 0.00% | 40.20% | 1.93% |
Technology | 22.59% | 0.00% | 60.97% | 81.40% |
Consumer Cyclical | 18.77% | 0.00% | 32.85% | 24.74% |
Industrials | 9.89% | 0.00% | 25.96% | 46.23% |
Healthcare | 5.16% | 0.00% | 96.10% | 98.33% |
Consumer Defense | 5.11% | 0.00% | 15.95% | 47.02% |
Energy | 2.62% | 0.00% | 15.29% | 29.82% |
Basic Materials | 2.13% | 0.00% | 11.46% | 44.56% |
Communication Services | 1.04% | 0.00% | 15.66% | 60.53% |
Real Estate | 0.96% | 0.00% | 10.15% | 48.86% |
Utilities | 0.00% | -0.01% | 9.45% | 60.26% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MSENX % Rank | |
---|---|---|---|---|
US | 80.34% | 7.01% | 115.79% | 92.37% |
Non US | 12.12% | 0.00% | 92.52% | 10.61% |
MSENX - Expenses
Operational Fees
MSENX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.52% | 0.00% | 15.15% | 21.49% |
Management Fee | 1.10% | 0.00% | 1.44% | 98.95% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 35.54% |
Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
MSENX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MSENX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.05% | 5.00% | 20.51% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MSENX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.68% | 0.00% | 838.00% | 53.60% |
MSENX - Distributions
Dividend Yield Analysis
MSENX | Category Low | Category High | MSENX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.11% | 58.86% |
Dividend Distribution Analysis
MSENX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
MSENX | Category Low | Category High | MSENX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.35% | -14.30% | 2.62% | 73.95% |
Capital Gain Distribution Analysis
MSENX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
MSENX - Fund Manager Analysis
Managers
Richard T. Weiss
Start Date
Tenure
Tenure Rank
Dec 31, 1996
22.26
22.3%
Richard Weiss is a managing director and senior portfolio manager for the Select Equity team at Wells Fargo Asset Management (WFAM). Dick joined WFAM from Strong Capital Management in 2004. Prior to the merger, Dick was vice chairman and CIO of Strong. He served as portfolio co-manager of the Strong Advisor Common Stock Fund and the Strong Opportunity Fund. Prior to this, he was a portfolio manager and partner at Stein Roe & Farnham in Chicago where he began his career, starting as a research analyst. Dick earned a bachelor’s degree in business administration from the University of Southern California and a master’s degree in business administration, graduating with distinction, from Harvard Graduate School of Business Administration.
Christopher Cullom Davis
Start Date
Tenure
Tenure Rank
Dec 31, 1999
19.26
19.3%
Christopher Davis, Portfolio Manager, is a research analyst and Chair of the Portfolio Review Committee which oversees the management of the Davis Global, International and All-Cap Strategies. Mr. Davis with Danton Goei is Portfolio Manager for all large cap equity and concentrated equity portfolios. Mr. Davis joined the firm in 1989 after working as a securities analyst. He received his M.A. from the University of St. Andrews in Scotland.
Jeremy DeGroot
Start Date
Tenure
Tenure Rank
Apr 30, 2005
13.93
13.9%
Jeremy DeGroot, CFA MA, Principal, Chief Investment Officer Jeremy joined Litman Gregory in 1999 and became a principal in 2003. He is responsible for overseeing the firm's manager due diligence, asset class research, and portfolio allocation decisions. Jeremy is also Portfolio Manager of the Litman Gregory Masters Alternative Strategies Fund and Co-Portfolio Manager of the Litman Gregory Masters Equity, International, and Smaller Companies funds. He is frequently quoted in the national media in the areas of asset allocation and manager selection. Jeremy holds the Chartered Financial Analyst® (CFA®) designation. Prior to joining Litman Gregory, Jeremy was an Economic Consulting Services Manager with KPMG Peat Marwick and was a Senior Economist with the Law & Economics Consulting Group. Jeremy is a graduate of University of Wisconsin - Madison (BS - Economics) and University of California - Berkeley (MA - Economics).
Frank M. Sands
Start Date
Tenure
Tenure Rank
Apr 02, 2008
11.0
11.0%
Frank M. Sands, Jr, CFA has has been Chief Investment Officer and Chief Executive Officer at Sands Capital Management since 2008. Mr. Sands, Jr. has previously held the positions of President, Director of Research and Senior Portfolio Manager with Sands Capital Management since joining Sands Capital Management in June 2000. Before joining Sands Capital Management, he was a Research Analyst, Portfolio Manager, and Principal at Fayez Sarofim & Co. from August 1994 to June 2000. Frank M. Sands, Jr. has earned the right to use the Chartered Financial Analyst designation.
A. Michael Sramek
Start Date
Tenure
Tenure Rank
Apr 02, 2008
11.0
11.0%
Michael Sramek, CFA, Senior Portfolio Manager, Research Analyst, and Managing Director, joined Sands Capital Management in April 2001.
Clyde S. McGregor
Start Date
Tenure
Tenure Rank
Oct 02, 2008
10.5
10.5%
Clyde S. McGregor, CFA, is a Vice President and portfolio manager of Harris Associates L.P.. He joined Harris Associates L.P. in 1981. In 2011, Mr. McGregor became the first recipient of the Lipper Award for Fund Excellence, presented to investment managers for achievements over their career. He holds an M.B.A. in Finance from the University of Wisconsin (1977) and a B.A. in Economics and Religion from Oberlin College (1974).
William C. Nygren
Start Date
Tenure
Tenure Rank
May 17, 2013
5.87
5.9%
William Nygren is a Partner and Portfolio Manager at Harris Associates L.P. He joined Harris Associates in 1983 as an investment analyst and later served as the firm’s director of research. Previously, he was an investment analyst with Northwestern Mutual Life Insurance Company. Mr. Nygren earned a BS in accounting from the University of Minnesota (1980) and an MS in finance from the University of Wisconsin – Madison’s Applied Security Analysis Program (1981). He is a CFA® charterholder.
Patrick J. English
Start Date
Tenure
Tenure Rank
May 17, 2013
5.87
5.9%
Mr. English joined Fiduciary Management, Inc. in 1986. He is the CEO and Chief Investment Officer, Treasurer and is a partner and member of the Portfolio Management Committee. Mr. English (along with Mr. Ramer) serves as the co-head of equity research, and they work with the firm’s analysts in vetting new research ideas. Pat is also responsible for covering approximately 10 companies across a variety of industries. Prior to joining Fiduciary, Mr. English was a research analyst with Dodge & Cox (1985-1986). Mr. English received a BA degree from Stanford University. He is a member of the CFA Society of Milwaukee, and he has earned the right to use the AIMR® Chartered Financial Analyst designation.
Scott A. Moore
Start Date
Tenure
Tenure Rank
Jan 31, 2014
5.16
5.2%
Scott Moore, Chartered Financial Analyst (CFA), is the lead portfolio manager, President and Chief Investment Officer of Nuance Investments, LLC (Nuance). For the decade before co-founding Nuance, Scott managed assets for American Century Investments (ACI). Prior to becoming a Portfolio Manager, he spent three years as an Investment Analyst at ACI, specializing in the telecommunications, utility and industrial sectors. He also worked as an Investment Analyst at Boatmen's Trust Company in St. Louis, Missouri, and at ACI as a Fixed Income Investment Analyst. Scott holds a Bachelor of Science (BS) in finance from Southern Illinois University, and a Masters of Business Administration (MBA) with an emphasis in finance from the University of Missouri. He is a CFA® charterholder.
Rajat Jain
Start Date
Tenure
Tenure Rank
Apr 30, 2014
4.92
4.9%
Rajat Jain is an Assistant Secretary of the Trust and the Co-Portfolio Manager. He is also a Principal and Member of Litman Gregory Fund Advisors, LLC and serves as a Senior Research Analyst. Prior to joining LGAM in 2003, Jain was a Vice President with Montgomery Asset Management and was an Associate Director with BARRA Rogers Casey. He is a graduate of St. Stephens College (BS – Physics) and the University of South Carolina (MBA).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 51.53 | 8.48 | 0.0 |