Great-West Ariel Mid Cap Value L
Name
As of 10/02/2020Price
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
Vitals
YTD Return
-12.4%
1 yr return
-5.2%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
4.7%
Net Assets
$177 M
Holdings in Top 10
39.9%
52 WEEK LOW AND HIGH
$11.6
$8.11
$13.69
Expenses
OPERATING FEES
Expense Ratio 1.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2020Price
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
MXAMX - Profile
Distributions
- YTD Total Return -12.4%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.88%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Semi-Annually
Fund Details
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Legal NameGreat-West Ariel Mid Cap Value Fund
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Fund Family NameGreat-West Funds
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Inception DateDec 20, 2013
-
Shares OutstandingN/A
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Share ClassOther
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of mid-capitalization (“mid cap”) companies. For purposes of the 80% policy, the Fund considers mid cap companies to be those whose market capitalization falls within the range of the Russell Midcap® Index at the time of initial purchase. As of December 31, 2021, the market capitalization range of the Russell Midcap® Index was between $430 million and $73.6 billion. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities.The Fund emphasizes a “value style” of investing, seeking companies that are undervalued in comparison to their peers due to economic, market, company-specific or other factors, but have the prospect of achieving improved valuations in the future. The Fund generally holds between 25-45 securities in its portfolio, focusing on a limited number of companies and industries in which the portfolio managers have expertise, including the financial services sector, in which the Fund will often invest a significant portion of its assets.The Fund also currently observes the following operating policies: actively seeking investment in companies that achieve excellence in both financial return and environmental soundness and selecting issuers that take positive steps toward preserving the environment; and not investing in corporations whose primary source of revenue is derived from the production or sale of tobacco products, the manufacture of firearms or the operation of for-profit prisons.Great-West Capital Management, LLC (“GWCM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Great-West Funds (the “Board”), selects the Fund’s sub-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by Ariel Investments, LLC (the “Sub-Adviser” or “Ariel”). Ariel invests in undervalued mid cap companies that show strong potential for growth, in particular quality companies whose financial strength, valuable products or services, and savvy management teams create durable competitive advantages.
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MXAMX - Performance
Return Ranking - Trailing
| Period | MXAMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -12.4% | -58.5% | 44.1% | 98.79% |
| 1 Yr | -5.2% | -5.2% | 113.9% | 100.00% |
| 3 Yr | -0.2%* | -0.2% | 20.8% | 100.00% |
| 5 Yr | 4.7%* | 2.4% | 19.3% | 99.48% |
| 10 Yr | 8.4%* | 6.0% | 13.2% | 90.25% |
* Annualized
Return Ranking - Calendar
| Period | MXAMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -49.5% | 626.7% | 0.49% |
| 2022 | -14.6% | -14.6% | 40.9% | 100.00% |
| 2021 | 14.0% | -56.9% | 14.0% | 0.26% |
| 2020 | 12.2% | -62.6% | 24.1% | 14.66% |
| 2019 | -6.1% | -14.6% | 28.1% | 97.26% |
Total Return Ranking - Trailing
| Period | MXAMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -12.4% | -58.2% | 46.3% | 98.79% |
| 1 Yr | -5.2% | -5.2% | 113.9% | 100.00% |
| 3 Yr | -0.2%* | -0.2% | 20.8% | 100.00% |
| 5 Yr | 4.7%* | 2.4% | 19.3% | 99.48% |
| 10 Yr | 8.4%* | 6.0% | 13.2% | 89.31% |
* Annualized
Total Return Ranking - Calendar
| Period | MXAMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -49.5% | 626.7% | 0.49% |
| 2022 | -14.6% | -14.6% | 40.9% | 100.00% |
| 2021 | 15.2% | -32.7% | 15.2% | 0.26% |
| 2020 | 12.2% | -8.7% | 26.9% | 54.60% |
| 2019 | -6.1% | -6.1% | 29.0% | 100.00% |
NAV & Total Return History
MXAMX - Holdings
Concentration Analysis
| MXAMX | Category Low | Category High | MXAMX % Rank | |
|---|---|---|---|---|
| Net Assets | 177 M | 7.81 M | 33.5 B | 76.33% |
| Number of Holdings | 40 | 8 | 2403 | 93.24% |
| Net Assets in Top 10 | 79.7 M | 473 K | 8.33 B | 60.14% |
| Weighting of Top 10 | 39.86% | 4.7% | 100.0% | 6.52% |
Top 10 Holdings
- Northern Trust Corp 4.72%
- Stanley Black & Decker Inc 4.58%
- BorgWarner Inc 4.18%
- Kennametal Inc 4.10%
- Progressive Corp 3.99%
- The Interpublic Group of Companies Inc 3.81%
- JM Smucker Co 3.76%
- Mattel Inc 3.73%
- Laboratory Corp of America Holdings 3.51%
- BOK Financial Corp 3.47%
Asset Allocation
| Weighting | Return Low | Return High | MXAMX % Rank | |
|---|---|---|---|---|
| Stocks | 100.00% | 85.74% | 100.16% | 6.28% |
| Preferred Stocks | 0.00% | 0.00% | 6.63% | 53.38% |
| Other | 0.00% | -0.01% | 5.07% | 52.17% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 50.97% |
| Cash | 0.00% | -0.16% | 11.04% | 96.38% |
| Bonds | 0.00% | 0.00% | 1.03% | 53.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MXAMX % Rank | |
|---|---|---|---|---|
| Financial Services | 31.39% | 0.00% | 70.39% | 3.62% |
| Industrials | 16.33% | 0.00% | 30.47% | 52.66% |
| Healthcare | 14.48% | 0.00% | 36.00% | 11.35% |
| Consumer Cyclical | 12.63% | 0.00% | 35.69% | 60.63% |
| Communication Services | 11.31% | 0.00% | 17.92% | 4.35% |
| Technology | 6.37% | 0.00% | 23.95% | 81.88% |
| Consumer Defense | 4.69% | 0.00% | 24.01% | 63.77% |
| Real Estate | 1.60% | 0.00% | 36.14% | 87.44% |
| Energy | 1.21% | 0.00% | 24.92% | 92.75% |
| Utilities | 0.00% | 0.00% | 24.60% | 95.89% |
| Basic Materials | 0.00% | 0.00% | 20.22% | 98.79% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MXAMX % Rank | |
|---|---|---|---|---|
| US | 98.18% | 13.46% | 100.00% | 16.67% |
| Non US | 1.82% | 0.00% | 81.40% | 63.29% |
MXAMX - Expenses
Operational Fees
| MXAMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.62% | 0.01% | 43.95% | 17.12% |
| Management Fee | 0.67% | 0.00% | 1.25% | 44.69% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 47.33% |
| Administrative Fee | N/A | 0.01% | 0.47% | 96.52% |
Sales Fees
| MXAMX 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
| MXAMX 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.
| MXAMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 4.00% | 488.00% | 21.17% |
MXAMX - Distributions
Dividend Yield Analysis
| MXAMX | Category Low | Category High | MXAMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.65% | 0.00% | 2.74% | 53.62% |
Dividend Distribution Analysis
| MXAMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MXAMX | Category Low | Category High | MXAMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.88% | -1.16% | 4.83% | 67.88% |
Capital Gain Distribution Analysis
| MXAMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |