Wilmington Large-Cap Strategy Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.2%
1 yr return
22.4%
3 Yr Avg Return
6.7%
5 Yr Avg Return
12.9%
Net Assets
$563 M
Holdings in Top 10
28.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 14.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WMLIX - Profile
Distributions
- YTD Total Return 5.2%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 12.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.34%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameWilmington Large-Cap Strategy Fund
-
Fund Family NameWilmington Funds
-
Inception DateMar 12, 2012
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Hopkins
Fund Description
WMLIX - Performance
Return Ranking - Trailing
Period | WMLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | -47.2% | 13.6% | 58.58% |
1 Yr | 22.4% | -38.4% | 43.3% | 41.37% |
3 Yr | 6.7%* | -15.0% | 26.8% | 49.47% |
5 Yr | 12.9%* | -2.7% | 106.3% | 29.10% |
10 Yr | 12.2%* | 2.2% | 20.5% | 16.79% |
* Annualized
Return Ranking - Calendar
Period | WMLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | -42.6% | 47.4% | 53.59% |
2022 | -27.9% | -56.3% | -4.2% | 87.26% |
2021 | 19.5% | -27.2% | 53.7% | 39.12% |
2020 | 10.3% | -36.2% | 2181.7% | 58.59% |
2019 | 23.9% | -22.7% | 40.4% | 44.72% |
Total Return Ranking - Trailing
Period | WMLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | -47.2% | 13.6% | 58.58% |
1 Yr | 22.4% | -38.4% | 43.3% | 41.37% |
3 Yr | 6.7%* | -15.0% | 26.8% | 49.47% |
5 Yr | 12.9%* | -2.7% | 106.3% | 29.10% |
10 Yr | 12.2%* | 2.2% | 20.5% | 16.79% |
* Annualized
Total Return Ranking - Calendar
Period | WMLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.2% | -5.0% | 47.4% | 25.32% |
2022 | -19.1% | -36.8% | -2.2% | 66.19% |
2021 | 26.2% | 3.0% | 124.3% | 53.95% |
2020 | 21.0% | -15.8% | 2266.0% | 17.53% |
2019 | 31.0% | -0.4% | 241.3% | 35.40% |
NAV & Total Return History
WMLIX - Holdings
Concentration Analysis
WMLIX | Category Low | Category High | WMLIX % Rank | |
---|---|---|---|---|
Net Assets | 563 M | 2.34 M | 1.55 T | 63.03% |
Number of Holdings | 1012 | 1 | 4053 | 4.63% |
Net Assets in Top 10 | 154 M | 885 K | 387 B | 68.05% |
Weighting of Top 10 | 28.53% | 0.3% | 112.0% | 80.69% |
Top 10 Holdings
- Microsoft Corp 6.65%
- Apple Inc 6.11%
- NVIDIA Corp 3.29%
- Amazon.com Inc 3.13%
- Meta Platforms Inc 1.94%
- Alphabet Inc 1.86%
- Alphabet Inc 1.60%
- Berkshire Hathaway Inc 1.58%
- Eli Lilly Co 1.23%
- Tesla Inc 1.16%
Asset Allocation
Weighting | Return Low | Return High | WMLIX % Rank | |
---|---|---|---|---|
Stocks | 99.91% | 0.00% | 124.03% | 6.04% |
Other | 0.29% | -13.91% | 100.00% | 15.38% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 8.01% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 34.41% |
Cash | 0.00% | 0.00% | 99.06% | 96.70% |
Bonds | 0.00% | -0.50% | 93.78% | 39.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WMLIX % Rank | |
---|---|---|---|---|
Technology | 24.65% | 0.00% | 48.94% | 43.13% |
Healthcare | 14.19% | 0.00% | 60.70% | 58.87% |
Financial Services | 13.59% | 0.00% | 55.59% | 46.17% |
Consumer Cyclical | 10.91% | 0.00% | 30.33% | 42.09% |
Industrials | 8.50% | 0.00% | 29.90% | 58.47% |
Communication Services | 8.47% | 0.00% | 27.94% | 48.64% |
Consumer Defense | 6.45% | 0.00% | 47.71% | 63.10% |
Energy | 4.90% | 0.00% | 41.64% | 27.40% |
Real Estate | 3.11% | 0.00% | 31.91% | 34.03% |
Utilities | 2.88% | 0.00% | 20.91% | 35.46% |
Basic Materials | 2.34% | 0.00% | 25.70% | 64.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WMLIX % Rank | |
---|---|---|---|---|
US | 99.91% | 0.00% | 124.03% | 5.10% |
Non US | 0.00% | 0.00% | 62.81% | 47.96% |
WMLIX - Expenses
Operational Fees
WMLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.37% | 0.01% | 16.07% | 81.04% |
Management Fee | 0.25% | 0.00% | 1.89% | 25.71% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | 12.00% |
Sales Fees
WMLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
WMLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 61.87% |
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.
WMLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.00% | 0.00% | 496.00% | 29.48% |
WMLIX - Distributions
Dividend Yield Analysis
WMLIX | Category Low | Category High | WMLIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.58% | 0.00% | 25.99% | 13.45% |
Dividend Distribution Analysis
WMLIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
WMLIX | Category Low | Category High | WMLIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.34% | -54.00% | 6.06% | 12.02% |
Capital Gain Distribution Analysis
WMLIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 19, 2024 | $0.055 | OrdinaryDividend |
Dec 15, 2023 | $0.114 | OrdinaryDividend |
Dec 11, 2023 | $1.427 | OrdinaryDividend |
Sep 15, 2023 | $0.087 | OrdinaryDividend |
Jun 16, 2023 | $0.090 | OrdinaryDividend |
Mar 17, 2023 | $0.062 | OrdinaryDividend |
Dec 19, 2022 | $0.110 | OrdinaryDividend |
Dec 16, 2022 | $0.110 | OrdinaryDividend |
Sep 19, 2022 | $0.100 | OrdinaryDividend |
Jun 21, 2022 | $0.072 | OrdinaryDividend |
Mar 17, 2022 | $0.080 | OrdinaryDividend |
Dec 20, 2021 | $0.090 | OrdinaryDividend |
Sep 20, 2021 | $0.085 | OrdinaryDividend |
Jun 21, 2021 | $0.075 | OrdinaryDividend |
Mar 19, 2021 | $0.076 | OrdinaryDividend |
Dec 21, 2020 | $0.100 | OrdinaryDividend |
Sep 21, 2020 | $0.089 | OrdinaryDividend |
Jun 22, 2020 | $0.099 | OrdinaryDividend |
Mar 23, 2020 | $0.084 | OrdinaryDividend |
Dec 23, 2019 | $0.109 | OrdinaryDividend |
Dec 11, 2019 | $0.941 | OrdinaryDividend |
Sep 23, 2019 | $0.123 | OrdinaryDividend |
Jun 21, 2019 | $0.094 | OrdinaryDividend |
Mar 21, 2019 | $0.078 | OrdinaryDividend |
Dec 21, 2018 | $0.114 | OrdinaryDividend |
Sep 21, 2018 | $0.093 | OrdinaryDividend |
Jun 21, 2018 | $0.091 | OrdinaryDividend |
Mar 21, 2018 | $0.071 | OrdinaryDividend |
Dec 21, 2017 | $0.099 | OrdinaryDividend |
Sep 21, 2017 | $0.091 | OrdinaryDividend |
Jun 21, 2017 | $0.090 | OrdinaryDividend |
Mar 21, 2017 | $0.062 | OrdinaryDividend |
Dec 21, 2016 | $0.102 | OrdinaryDividend |
Sep 21, 2016 | $0.084 | OrdinaryDividend |
Jun 21, 2016 | $0.081 | OrdinaryDividend |
Mar 22, 2016 | $0.067 | OrdinaryDividend |
Dec 22, 2015 | $0.083 | OrdinaryDividend |
Sep 22, 2015 | $0.059 | OrdinaryDividend |
Jun 23, 2015 | $0.070 | OrdinaryDividend |
Mar 23, 2015 | $0.057 | OrdinaryDividend |
Dec 23, 2014 | $0.079 | OrdinaryDividend |
Sep 23, 2014 | $0.066 | OrdinaryDividend |
Jun 23, 2014 | $0.070 | OrdinaryDividend |
Mar 21, 2014 | $0.061 | OrdinaryDividend |
Dec 23, 2013 | $0.086 | OrdinaryDividend |
Sep 23, 2013 | $0.068 | OrdinaryDividend |
Jun 21, 2013 | $0.065 | OrdinaryDividend |
Mar 21, 2013 | $0.055 | OrdinaryDividend |
Dec 28, 2012 | $0.091 | OrdinaryDividend |
Sep 21, 2012 | $0.062 | OrdinaryDividend |
Jun 21, 2012 | $0.055 | OrdinaryDividend |
Mar 21, 2012 | $0.042 | OrdinaryDividend |
WMLIX - Fund Manager Analysis
Managers
Andrew Hopkins
Start Date
Tenure
Tenure Rank
Feb 17, 2011
11.29
11.3%
Andy is responsible for overseeing the equity research program for Wilmington Trust Investment Advisors Inc. (WTIA), the investment advisory arm of M&T Bank and Wilmington Trust. He manages a team of professionals responsible for equity research and portfolio management for both domestic and international equities, and he is responsible for WTIA’s quantitatively managed equity strategies, which include both passive and active managers. These strategies utilize a risk model and optimization process in an effort to mitigate portfolio drawdown and volatility. Andy is a member of the fundamental portfolio management team for the following strategies: Disciplined Core, Dividend Growth, Enhanced Dividend Income, and International Enhanced Dividend Income. Andy joined Wilmington Trust in 1987 and has specialized in investment accounting, pension disbursement, and 401(k) recordkeeping services during his tenure with the company. Prior to joining the equity research team, he was a portfolio manager in the Fixed Income division specializing in taxable, broad market portfolios. Andy holds an MBA from Wilmington University and a bachelor’s degree in finance from Goldey-Beacom College. He is a CFA® charterholder, has been a CFA grader, and is a member of the CFA Society Philadelphia.
Karen Purzitsky
Start Date
Tenure
Tenure Rank
Aug 31, 2015
6.75
6.8%
Karen is responsible quantitative and ESG (environmental, social, and governance) data analytics that support the equity strategies. She is also co-portfolio manager of the Wilmington Trust ESG Equity strategy. She has nearly two decades of investment experience with Wilmington Trust Investment Advisors, Inc. and its parent company, M&T Bank, where previously she was a quantitative analyst focused on stock selection strategies for the domestic equity market. She is a CFA® charterholder and holds a master’s degree in finance and accounting from the University of Rochester and a bachelor’s degree in mathematics and economics from York University, Toronto, Canada.
Matthew Glaser
Start Date
Tenure
Tenure Rank
Mar 15, 2016
6.21
6.2%
Head of Equity and Nontraditional Investments Matthew Glaser is responsible for overseeing equities, nontraditional investments, and manager research for Wilmington Trust Investment Advisors, Inc., the investment advisory arm of Wilmington Trust and M&T Bank. Matt has more than two decades of experience in financial services and the investment management industry. He previously worked for Lazard Asset Management as a managing director and portfolio manager of the Lazard Master Alternatives Fund. Earlier in his career, he served as chief of investment strategies and executive managing director at Turner Investments, where he was a member of the Executive Management Group, Enterprise Risk Committee, and had oversight responsibility for the Turner Spectrum Fund. Matt also worked at Susquehanna International Group and as a managing director at J.P. Morgan and Robertson Stephens. He began working in the investment field in 1995. Matt holds an MBA from Columbia University and a bachelor’s degree from Wesleyan University. He serves on the board of directors of SquashSmarts, a nonprofit academic and athletic mentoring program based in Philadelphia, and formerly served on the board of the investment firm Cramer Rosenthal McGlynn, LLC in New York.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.23 | 2.42 |