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Trending ETFs

Name

As of 03/25/2024

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

$33.30

$356 M

4.61%

$1.54

1.02%

Vitals

YTD Return

5.5%

1 yr return

23.4%

3 Yr Avg Return

5.3%

5 Yr Avg Return

9.6%

Net Assets

$356 M

Holdings in Top 10

21.9%

52 WEEK LOW AND HIGH

$33.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/25/2024

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

$33.30

$356 M

4.61%

$1.54

1.02%

SGISX - Profile

Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return 9.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.95%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Steward Global Equity Income Fund
  • Fund Family Name
    Crossmark Global Investments, Inc.
  • Inception Date
    Apr 01, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Wolf

Fund Description

The Fund pursues its investment objective through investment in U.S. and non‑U.S. dividend-paying stocks that have demonstrated above-median yield and a positive trend in dividend payouts and favorable earnings growth, subject to the limitations of the Fund’s values-based screening policies (see “Values-based Screens” below).
The Fund invests primarily in common stocks of companies that represent a broad spectrum of the global economy and a range of market capitalizations,
including large‑cap, mid‑cap and small‑cap. The Fund may also invest in other investment companies and real estate investment trusts. The Fund will invest in dividend-paying securities of issuers throughout the world. The Fund seeks to diversify its investments across a number of different countries throughout the world, and, under normal market conditions, the Fund invests in at least five different countries (including the U.S.). The Fund will invest in at least five different countries at all times, unless the Fund adopts a temporary defensive position in an attempt to respond to adverse market, economic and political conditions. While the Fund will invest in at least five different countries, the Fund expects that its investments will be allocated across 7 to 15 different countries. The Fund’s investments in large capitalization companies (i.e., companies with market capitalizations greater than $10 billion) also contribute to the Fund’s global diversification as large capitalization companies generally market their products and services both domestically and internationally. The Fund invests at least 50% of its net assets in large capitalization companies throughout the world. The Fund will generally seek to have 30% to 50% of its net assets, and, under normal market conditions, no less than 30% of its net assets, invested in securities of non‑U.S. issuers.
The Fund’s non‑U.S. investments will be primarily in the form of depositary receipts (“DRs”) or dual listed securities, or U.S. dollar-denominated instruments representing securities of non‑U.S. issuers that are traded in the U.S. or in non‑U.S. markets. The Fund’s DR investments will primarily be sponsored, but the Fund may, on occasion, invest in unsponsored DRs when appropriate sponsored DRs are not available.
In managing the Fund, portfolio management employs a four-step process that combines this dividend income style with relative risk-controlled portfolio construction and the Fund’s values-based screening policies:
An investment universe is created comprised of U.S. exchange-traded, dividend-paying domestic and international stocks with market capitalizations greater than $1 billion.
A quantitative screen is applied to the universe that identifies various positive attributes such as securities having higher dividend yields within their sectors, positive dividend growth and favorable relative earnings growth.
A quantitative validation process is then applied to each company in the remaining universe with respect to current available information focusing on trends and news that may impact the company. Any security that fails the review is removed from investment consideration.
A relative risk controlled portfolio is constructed versus a targeted benchmark using the remaining universe of companies available for investment. The remaining universe is then screened in accordance with the Fund’s values-based screening policies and those companies failing to meet these criteria are removed.
Under normal market conditions, the Fund will invest at least 80% (measured at the time of investment) of the value of its net assets, plus the amount of any borrowings for investment purposes, either directly or through other investment companies, in dividend-paying securities. The Fund will also, under normal market conditions, invest at least 80% (measured at the time of investment) of the value of its net assets, plus the amount of any borrowings for investment purposes, either directly or through other investment companies, in equity securities. (Any such other investment company will also have similar policies to invest at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in (a) dividend-paying securities and (b) equity securities.) The Fund will provide shareholders with at least 60 days’ prior notice of any change in these policies.
The Fund may invest up to 80% of its total assets in securities of non‑U.S. issuers and no more than 40% of its total assets in securities of companies in emerging market countries.
Values-based Screens. As noted above, in implementing its investment strategies, the Fund applies a set of values-based screens to use its best efforts to avoid investing in companies that are determined by Crossmark, pursuant to screening guidelines approved by the Fund’s Board of Directors, to be: (1) materially involved in the production, distribution, retail, supply or licensing of alcohol or related products; (2) materially involved in the production, distribution, retail, supply or licensing of tobacco or related products (to include vaping and other alternative smoking products); (3) materially involved in gambling (to include the manufacture, distribution and operation of facilities and equipment whose intended use is gambling); (4) directly participating in providing abortions and/or the production of drugs that are used to terminate pregnancy; (5) leasing real estate to facilities providing abortions; (6) directly engaged in scientific research using stem cells derived from human embryos, fetal tissue or human embryo cloning techniques; (7) directly involved in the production, distribution or retail of adult entertainment; or (8) directly involved in the production, distribution, retail, supply or licensing of psychoactive recreational cannabis or derivative products. Because the Fund uses its best efforts to avoid investments in companies that do not pass the values-based screening criteria, it will divest itself, in a timely manner, of securities of companies that are subsequently added to the list of prohibited companies, although the sale may be delayed if such securities are illiquid or if Crossmark determines that an immediate sale would have a negative tax or other effect on the Fund. However, the Fund may invest up to 5% of its total assets in certain collective investment vehicles or derivatives that may hold or derive value from securities issued by otherwise excluded companies.
For purposes of the alcohol, tobacco and gambling screens, material involvement means that a company derives 10% or more of its revenues from the screened activities. For purposes of the adult entertainment screen, companies directly involved in the production, distribution or retail of adult entertainment (defined
as media and materials intended to appeal exclusively to the prurient interest) and companies that derive 2% or more of their revenues from the screened activities are screened. For purposes of the abortion, abortion facilities, stem cell research and cannabis screens, there is no revenue threshold; any direct involvement in the screened activities will cause a company to be screened out of the investment universe. For purposes of the abortion and abortion facilities screens, a company that is not itself directly involved in the screened activities will be screened out of the investment universe if (a) it owns 20% or more of another company that is directly participating in the screened activities, or (b) it is 50% or more owned by another company that is directly participating in the screened activities.
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SGISX - Performance

Return Ranking - Trailing

Period SGISX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -35.6% 29.2% 14.77%
1 Yr 23.4% 17.3% 252.4% 43.98%
3 Yr 5.3%* -3.5% 34.6% 53.89%
5 Yr 9.6%* 0.1% 32.7% 50.47%
10 Yr 9.2%* -6.9% 18.3% 32.65%

* Annualized

Return Ranking - Calendar

Period SGISX Return Category Return Low Category Return High Rank in Category (%)
2023 12.4% -24.3% 957.1% 72.10%
2022 -18.4% -38.3% 47.1% 77.12%
2021 2.0% -54.2% 0.6% 64.33%
2020 5.7% -76.0% 54.1% 77.75%
2019 15.4% -26.1% 47.8% 14.04%

Total Return Ranking - Trailing

Period SGISX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -35.6% 29.2% 15.10%
1 Yr 23.4% 11.4% 252.4% 40.11%
3 Yr 5.3%* -3.5% 34.6% 50.73%
5 Yr 9.6%* 0.1% 32.7% 48.99%
10 Yr 9.2%* -6.9% 18.3% 31.91%

* Annualized

Total Return Ranking - Calendar

Period SGISX Return Category Return Low Category Return High Rank in Category (%)
2023 15.6% -24.3% 957.1% 72.10%
2022 -11.2% -33.1% 47.1% 77.37%
2021 19.6% -44.4% 1.8% 75.64%
2020 8.5% -6.5% 54.1% 91.65%
2019 23.9% -14.4% 47.8% 26.00%

NAV & Total Return History


SGISX - Holdings

Concentration Analysis

SGISX Category Low Category High SGISX % Rank
Net Assets 356 M 199 K 133 B 57.13%
Number of Holdings 67 1 9075 53.52%
Net Assets in Top 10 75.6 M -18 M 37.6 B 58.48%
Weighting of Top 10 21.91% 9.1% 100.0% 73.68%

Top 10 Holdings

  1. The Cigna Group COM USD0.01 3.28%
  2. McDonald's Corporation COM USD0.01 2.85%
  3. Logitech International SA CHF0.25 (REGD) 2.09%
  4. Canadian Natural Resources Limited COM NPV 2.05%
  5. Paychex Inc COM USD0.01 1.99%
  6. Texas Instruments Incorporated COM USD1.00 1.99%
  7. Quest Diagnostics Incorporated COM USD0.01 1.96%
  8. ASE Technology Holding Co Ltd. SPON ADS EACH REP 2 ORD SHS 1.92%
  9. Cardinal Health, Inc. COM NPV 1.91%
  10. Amgen Inc. COM USD0.0001 1.89%

Asset Allocation

Weighting Return Low Return High SGISX % Rank
Stocks
98.53% 61.84% 125.47% 50.44%
Cash
1.47% -174.70% 23.12% 45.04%
Preferred Stocks
0.00% -0.01% 5.28% 97.91%
Other
0.00% -13.98% 19.14% 97.69%
Convertible Bonds
0.00% 0.00% 4.46% 98.24%
Bonds
0.00% -1.50% 161.67% 98.13%

Stock Sector Breakdown

Weighting Return Low Return High SGISX % Rank
Technology
25.11% 0.00% 49.87% 18.83%
Financial Services
13.39% 0.00% 38.42% 56.06%
Healthcare
12.83% 0.00% 35.42% 70.15%
Industrials
10.73% 0.00% 44.06% 58.81%
Consumer Cyclical
8.75% 0.00% 40.94% 67.84%
Consumer Defense
6.46% 0.00% 73.28% 62.22%
Communication Services
6.35% 0.00% 57.66% 39.10%
Basic Materials
4.76% 0.00% 38.60% 60.02%
Utilities
4.35% 0.00% 29.12% 18.06%
Energy
4.09% 0.00% 21.15% 23.24%
Real Estate
3.19% 0.00% 39.48% 40.31%

Stock Geographic Breakdown

Weighting Return Low Return High SGISX % Rank
US
98.53% 0.13% 103.82% 20.70%
Non US
0.00% 0.58% 99.46% 78.63%

SGISX - Expenses

Operational Fees

SGISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 44.27% 75.26%
Management Fee 0.63% 0.00% 1.82% 32.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.76% 43.32%

Sales Fees

SGISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SGISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

SGISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 395.00% 63.07%

SGISX - Distributions

Dividend Yield Analysis

SGISX Category Low Category High SGISX % Rank
Dividend Yield 4.61% 0.00% 3.26% 98.14%

Dividend Distribution Analysis

SGISX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

SGISX Category Low Category High SGISX % Rank
Net Income Ratio 1.95% -4.27% 12.65% 11.02%

Capital Gain Distribution Analysis

SGISX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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SGISX - Fund Manager Analysis

Managers

John Wolf


Start Date

Tenure

Tenure Rank

Apr 03, 2008

14.17

14.2%

Mr. Wolf is a Managing Director and Head of Equity Investments at Crossmark Global Investments, Inc. Mr. Wolf began his career in 1983 with the Dreyfus Corporation and in 1987 joined Oppenheimer Capital as an accounting manager supervising both equity and fixed income mutual funds. In 1992, Mr. Wolf joined New Castle Advisers, which managed fixed income portfolios and mutual funds. In 1996, New Castle Advisers was acquired by Capstone where Mr. Wolf served in his current capacity. Mr. Wolf received his Bachelor’s Degree from Hofstra University and his Master’s Degree from Manhattan College.

Brent Lium


Start Date

Tenure

Tenure Rank

Mar 15, 2021

1.21

1.2%

Brent Lium joined Crossmark in November of 2019 as Managing Director with over 24 years of industry experience. His primary role is co-managing the Steward Enhanced Index Funds and the Large Cap Core Growth product. Brent started his investment career in 1995 with Dean Witter in Dallas. Following business school in 2001, he joined Invesco Ltd as an equity analyst on a growth mutual fund team. There he developed his extensive bottoms-up fundamental equity research abilities. He rounded out his top down strategy skills after being promoted to portfolio manager a few years later. Brent earned a BBA in Accounting from Texas A&M University and an MBA in Finance from the University of Texas - Austin. He is also a CFA Charterholder. He lives in West University Place, TX with his wife Carrie and three children. When he is not at one of his kid’s sporting events or activities, he loves to travel and do any outdoor activity.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25