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Name

As of 12/09/2022

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

Great lakes Disciplined Equity Fund

GLDNX | Fund

$9.21

$27.7 M

1.85%

$0.17

0.86%

Vitals

YTD Return

-20.7%

1 yr return

-18.8%

3 Yr Avg Return

-16.6%

5 Yr Avg Return

-9.8%

Net Assets

$27.7 M

Holdings in Top 10

36.5%

52 WEEK LOW AND HIGH

$9.3
$8.56
$11.70

Expenses

OPERATING FEES

Expense Ratio 0.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 163.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2022

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

Great lakes Disciplined Equity Fund

GLDNX | Fund

$9.21

$27.7 M

1.85%

$0.17

0.86%

GLDNX - Profile

Distributions

  • YTD Total Return -20.7%
  • 3 Yr Annualized Total Return -16.6%
  • 5 Yr Annualized Total Return -9.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.48%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Great lakes Disciplined Equity Fund
  • Fund Family Name
    Great Lakes Funds
  • Inception Date
    Jun 01, 2009
  • Shares Outstanding
    2774145
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jon Quigley

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities including common and preferred stocks and convertible securities. Typically, the Fund invests at least 80% of its assets in common stocks issued by large-capitalization (“large cap”) companies, although it is currently anticipated that the Fund normally will invest at least 95% of its net assets in these companies. The Fund considers a company to be a large cap company if it has a market capitalization, at the time of purchase, within the capitalization range of the S&P 500® Index. The market capitalizations within the index vary, but as of June 30, 2022, they ranged from approximately $3.13 billion to $2.21 trillion.
Although the Fund may from time to time emphasize smaller or larger capitalization companies within the range of the S&P 500®, as a result of the quantitative process discussed below, the Adviser anticipates that generally the Fund’s weighted average market capitalization will be similar to that of the S&P 500® Index. The Fund’s investments primarily include common stocks of U.S.-based companies that are listed on a U.S. stock exchange, although the Fund may also invest up to 20% of its total assets in securities denominated in foreign currencies or with non-U.S. headquartered companies that have American Depositary Receipts (“ADRs”) that trade on a United States exchange.
The Fund follows a “core” strategy in that it is intended not to exhibit a pronounced style bias towards either “growth” or “value.” The Adviser’s proprietary quantitative process may tilt the Fund temporarily towards a particular style, but such tactical shifts are expected to even out over time. The Fund is actively managed using a proprietary quantitative process which projects a stock’s performance based upon a variety of factors, such as the stock’s growth or value traits, market capitalization, earnings volatility, earnings yield, financial leverage or currency sensitivity. This process tracks the historical performance of each of these factors. The process then measures the relative sensitivity of each of the stocks in the Fund’s investable universe to the various factors and projects each stock’s performance based on this sensitivity. Stocks are selected for purchase or sale through a disciplined analysis intended to maximize the Fund’s overall projected return while maintaining risk levels (as measured by volatility) similar to that of the S&P 500® Index. From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the information technology sector.
In addition to investing in equity securities issued by large cap companies, the Fund may invest in other investment companies, including exchange-traded funds (“ETFs”), to the extent permitted by the Investment Company Act of 1940, as amended (the “1940 Act”), in order to reduce cash balances in the Fund and increase the level of Fund assets exposed to large cap companies. The Fund’s investments in equity securities may include investments in real estate investment trusts (“REITs”).
The Adviser determines the size of each position owned by the Fund by analyzing the tradeoffs among a number of factors, including the investment attractiveness of each position, its estimated impact on the risk of the overall portfolio and the expected cost of trading.
In attempting to meet its investment objective, the Fund may engage in active and frequent trading of portfolio securities.
Read More

GLDNX - Performance

Return Ranking - Trailing

Period GLDNX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.7% -64.5% 22.1% 78.53%
1 Yr -18.8% -63.9% 46.9% 64.94%
3 Yr -16.6%* -27.7% 188.7% 99.37%
5 Yr -9.8%* -28.2% 94.9% 96.29%
10 Yr N/A* -15.9% 38.1% 65.46%

* Annualized

Return Ranking - Calendar

Period GLDNX Return Category Return Low Category Return High Rank in Category (%)
2023 -36.4% -69.4% 537.8% 99.92%
2022 6.6% -94.0% 377.7% 39.70%
2021 7.0% -8.2% 37.9% 54.85%
2020 -4.0% -19.9% 1.1% 57.80%
2019 0.4% -100.0% 35.2% 91.89%

Total Return Ranking - Trailing

Period GLDNX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.7% -97.2% 22.1% 77.46%
1 Yr -18.8% -63.9% 67.6% 66.17%
3 Yr -16.6%* -27.7% 188.7% 99.38%
5 Yr -9.7%* -27.0% 94.9% 98.38%
10 Yr N/A* -11.1% 38.1% 62.90%

* Annualized

Total Return Ranking - Calendar

Period GLDNX Return Category Return Low Category Return High Rank in Category (%)
2023 -36.4% -69.4% 537.8% 99.92%
2022 6.6% -94.0% 377.7% 39.70%
2021 7.0% -7.8% 37.9% 55.34%
2020 -3.8% -19.9% 2.0% 73.48%
2019 3.5% -100.0% 35.2% 61.20%

NAV & Total Return History

GLDNX - Holdings

Concentration Analysis

GLDNX Category Low Category High GLDNX % Rank
Net Assets 27.7 M 177 K 1.21 T 91.90%
Number of Holdings 96 2 4154 52.25%
Net Assets in Top 10 10.4 M 1.74 K 270 B 88.22%
Weighting of Top 10 36.46% 1.8% 100.0% 31.13%

Top 10 Holdings

  1. Apple Inc 7.37%
  2. Meta Platforms Inc Class A 4.32%
  3. UnitedHealth Group Inc 4.21%
  4. Accenture PLC Class A 3.97%
  5. Costco Wholesale Corp 3.89%
  6. Bank of America Corp 3.72%
  7. Alphabet Inc Class C 3.28%
  8. Amazon.com Inc 3.22%
  9. Tesla Inc 3.21%
  10. NVIDIA Corp 3.16%

Asset Allocation

Weighting Return Low Return High GLDNX % Rank
Stocks 		98.95% 0.00% 130.24% 52.66%
Cash 		1.05% -102.29% 100.00% 45.23%
Preferred Stocks 		0.00% 0.00% 2.23% 59.81%
Other 		0.00% -13.91% 134.98% 59.74%
Convertible Bonds 		0.00% 0.00% 5.54% 57.90%
Bonds 		0.00% -0.04% 95.81% 57.77%

Stock Sector Breakdown

Weighting Return Low Return High GLDNX % Rank
Technology 		25.53% 0.00% 48.94% 30.43%
Financial Services 		14.30% 0.00% 55.59% 37.13%
Consumer Defense 		13.14% 0.00% 49.14% 5.18%
Industrials 		10.78% 0.00% 29.90% 26.57%
Consumer Cyclical 		10.36% 0.00% 50.47% 56.66%
Healthcare 		10.32% 0.00% 60.70% 90.89%
Communication Services 		7.05% 0.00% 27.94% 71.01%
Energy 		3.31% 0.00% 41.64% 64.67%
Real Estate 		2.17% 0.00% 37.52% 65.22%
Basic Materials 		1.97% 0.00% 26.10% 77.23%
Utilities 		1.06% 0.00% 25.44% 76.33%

Stock Geographic Breakdown

Weighting Return Low Return High GLDNX % Rank
US 		98.76% 0.00% 127.77% 18.39%
Non US 		0.19% 0.00% 33.69% 87.33%

GLDNX - Expenses

Operational Fees

GLDNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.01% 3.53% 38.06%
Management Fee 0.60% 0.00% 2.00% 64.94%
12b-1 Fee N/A 0.00% 1.00% 15.46%
Administrative Fee N/A 0.00% 0.85% 42.09%

Sales Fees

GLDNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GLDNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

GLDNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 163.00% 0.00% 496.00% 96.47%

GLDNX - Distributions

Dividend Yield Analysis

GLDNX Category Low Category High GLDNX % Rank
Dividend Yield 1.85% 0.00% 15.55% 32.86%

Dividend Distribution Analysis

GLDNX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

GLDNX Category Low Category High GLDNX % Rank
Net Income Ratio 0.48% -54.00% 6.06% 63.46%

Capital Gain Distribution Analysis

GLDNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

GLDNX - Fund Manager Analysis

Managers

Jon Quigley

Start Date

Tenure

Tenure Rank

Jun 01, 2009

13.01

13.0%

Jon E. Quigley is the Chief Investment Officer of Disciplined Equities for Great Lakes Advisors. He leads the management of all Disciplined Equity portfolios, provides oversight of the Disciplined Equity Team, leads efforts in enhancing existing portfolio management systems and is a member of the firm’s Investment Committee. Jon has worked in the investment industry since 1995. Prior to joining the firm in 2000, Jon was a Portfolio Manager with LBS Capital Management where he was responsible for the global tactical asset allocation and tactical sector selection strategies. Jon earned a BA in Economics from Wake Forest University and an MS in Predictive Analytics from Northwestern University. He has obtained the Chartered Financial Analyst designation, and is a member of the Society of Quantitative Analysts, the CFA Institute, the CFA Tampa Bay Society and the Chicago Quantitative Alliance. Jon is a graduate of Leadership St. Petersburg, and has served as Treasurer for the Board of Creative Clay as well as having served on the Boards of the Salvador Dali Museum’s Zodiac Group, and the Museum of Fine Arts’ Contemporaries Group.

John Bright

Start Date

Tenure

Tenure Rank

Jul 29, 2014

7.84

7.8%

John D. Bright is a Senior Portfolio Manager who focuses on portfolio construction for tax-managed strategies. Prior to joining the investment team in 2002, John served as an Operations Manager for the firm and managed trading, portfolio accounting, and relationship implementation. John began his investment career with Investment Advisory Services, a division of Raymond James Financial, in 1998. As a Senior Trading Associate, he was responsible for block and individual account trading as well as portfolio management review. John earned a BS in Finance from the University of South Florida. He has obtained the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Tampa Bay Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.16 2.42

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