Kirr, Marbach Partners Value Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.4%
1 yr return
20.0%
3 Yr Avg Return
7.1%
5 Yr Avg Return
8.7%
Net Assets
$80.2 M
Holdings in Top 10
48.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KMVAX - Profile
Distributions
- YTD Total Return 7.4%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.58%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameKirr, Marbach Partners Value Fund
-
Fund Family NameKirr Marbach Partners
-
Inception DateMar 07, 2000
-
Shares Outstanding2746637
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMark Foster
Fund Description
The Fund seeks to achieve its investment objective by investing in common stocks of companies with small-capitalizations (less than $1 billion), medium-capitalizations ($1-$15 billion) and large-capitalizations (more than $15 billion). Under normal circumstances, at least 65% of the Fund's total assets will consist of common stocks or other equity securities. The Adviser generally follows a value approach to investing for the Fund. Accordingly, the Fund will focus on securities of companies that the Adviser believes are undervalued relative to their intrinsic worth and possess certain characteristics that the Adviser believes will lead to a higher market price over time.
KMVAX - Performance
Return Ranking - Trailing
| Period | KMVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -13.8% | 16.2% | 3.85% |
| 1 Yr | 20.0% | -8.5% | 39.8% | 11.26% |
| 3 Yr | 7.1%* | -22.4% | 14.9% | 5.67% |
| 5 Yr | 8.7%* | -1.8% | 19.7% | 47.20% |
| 10 Yr | 6.3%* | 1.9% | 12.6% | 82.03% |
* Annualized
Return Ranking - Calendar
| Period | KMVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.4% | -12.9% | 28.8% | 18.23% |
| 2022 | -18.9% | -52.6% | 20.1% | 47.91% |
| 2021 | 24.1% | -43.8% | 32.4% | 10.80% |
| 2020 | 1.6% | -10.6% | 82.1% | 88.76% |
| 2019 | 24.4% | -8.5% | 37.5% | 39.50% |
Total Return Ranking - Trailing
| Period | KMVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.4% | -13.8% | 16.2% | 3.85% |
| 1 Yr | 20.0% | -8.5% | 39.8% | 11.26% |
| 3 Yr | 7.1%* | -22.4% | 14.9% | 5.67% |
| 5 Yr | 8.7%* | -1.8% | 19.7% | 47.20% |
| 10 Yr | 6.3%* | 1.9% | 12.6% | 82.03% |
* Annualized
Total Return Ranking - Calendar
| Period | KMVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.4% | 1.2% | 31.3% | 13.26% |
| 2022 | -16.0% | -45.7% | 21.1% | 64.07% |
| 2021 | 28.8% | -30.2% | 52.8% | 13.35% |
| 2020 | 3.0% | -8.4% | 84.3% | 95.86% |
| 2019 | 27.0% | 1.0% | 43.4% | 52.04% |
NAV & Total Return History
KMVAX - Holdings
Concentration Analysis
| KMVAX | Category Low | Category High | KMVAX % Rank | |
|---|---|---|---|---|
| Net Assets | 80.2 M | 728 K | 160 B | 81.57% |
| Number of Holdings | 42 | 1 | 2609 | 84.28% |
| Net Assets in Top 10 | 36.7 M | 155 K | 11.7 B | 67.21% |
| Weighting of Top 10 | 48.82% | 3.4% | 100.0% | 8.97% |
Top 10 Holdings
- Broadcom Inc 6.25%
- AutoZone Inc 5.96%
- EMCOR Group Inc 5.74%
- Colliers International Group Inc 5.15%
- Constellation Software Inc/Canada 4.83%
- First American Government Obligations Fund 4.82%
- Dollar Tree Inc 4.35%
- Republic Services Inc 4.27%
- Canadian Pacific Kansas City Ltd 3.81%
- Alphabet Inc 3.64%
Asset Allocation
| Weighting | Return Low | Return High | KMVAX % Rank | |
|---|---|---|---|---|
| Stocks | 95.35% | 14.60% | 104.46% | 90.51% |
| Cash | 4.82% | 0.00% | 30.96% | 10.30% |
| Preferred Stocks | 0.00% | 0.00% | 14.30% | 33.06% |
| Other | 0.00% | -1.04% | 23.02% | 47.15% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 32.79% |
| Bonds | 0.00% | 0.00% | 62.14% | 37.13% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | KMVAX % Rank | |
|---|---|---|---|---|
| Industrials | 25.30% | 0.00% | 45.89% | 4.08% |
| Technology | 18.81% | 0.00% | 40.65% | 19.29% |
| Consumer Cyclical | 11.20% | 2.49% | 46.48% | 64.67% |
| Financial Services | 10.43% | 0.00% | 46.10% | 86.14% |
| Communication Services | 8.49% | 0.00% | 30.98% | 5.71% |
| Healthcare | 8.20% | 0.00% | 24.06% | 78.26% |
| Consumer Defense | 6.17% | 0.00% | 32.18% | 18.75% |
| Real Estate | 5.55% | 0.00% | 25.82% | 69.02% |
| Basic Materials | 2.12% | 0.00% | 16.35% | 88.32% |
| Utilities | 2.03% | 0.00% | 18.97% | 75.82% |
| Energy | 1.70% | 0.00% | 58.13% | 82.34% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | KMVAX % Rank | |
|---|---|---|---|---|
| US | 90.14% | 14.60% | 104.46% | 95.39% |
| Non US | 5.21% | 0.00% | 19.95% | 2.44% |
KMVAX - Expenses
Operational Fees
| KMVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.56% | 0.03% | 35.91% | 17.76% |
| Management Fee | 1.00% | 0.00% | 1.50% | 95.10% |
| 12b-1 Fee | 0.09% | 0.00% | 1.00% | 26.70% |
| Administrative Fee | 0.06% | 0.01% | 0.30% | 23.58% |
Sales Fees
| KMVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| KMVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.00% | 1.00% | 2.00% | 88.00% |
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.
| KMVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 304.00% | 4.85% |
KMVAX - Distributions
Dividend Yield Analysis
| KMVAX | Category Low | Category High | KMVAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 31.05% | 90.79% |
Dividend Distribution Analysis
| KMVAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| KMVAX | Category Low | Category High | KMVAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.58% | -2.06% | 3.38% | 91.55% |
Capital Gain Distribution Analysis
| KMVAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2019 | $0.482 | OrdinaryDividend |
| Dec 28, 2009 | $0.111 | OrdinaryDividend |
KMVAX - Fund Manager Analysis
Managers
Mark Foster
Start Date
Tenure
Tenure Rank
Dec 31, 1998
23.43
23.4%
Mark is the Chief Investment Officer of Kirr, Marbach & Company, LLC. Mr. Foster received a Bachelor of Science degree in finance from Ball State University in 1979. Prior to joining Kirr, Marbach & Company, LLC, Mr. Foster managed equity investments for Merchants Investment Counseling, Inc. Mr. Foster joined Kirr, Marbach & Company, LLC in 1987 as a portfolio manager and has served in his current position since 1997. Mr. Foster is a Chartered Financial Analyst.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.24 | 5.78 |