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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$292 M

-

1.52%

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

N/A
N/A
N/A

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 of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$292 M

-

1.52%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Litman Gregory Masters Equity Fund
  • Fund Family Name
    Litman Gregory Masters Funds
  • Inception Date
    Apr 30, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Richard 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

  1. Alphabet Inc A 3.62%
  2. Amazon.com Inc 3.30%
  3. Visa Inc Class A 3.13%
  4. Capital One Financial Corp 2.82%
  5. TE Connectivity Ltd 2.60%
  6. Netflix Inc 2.56%
  7. Alibaba Group Holding Ltd ADR 2.43%
  8. Berkshire Hathaway Inc A 2.27%
  9. Alphabet Inc Class C 2.00%
  10. 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

Distributions History

View More +

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