Akre Focus Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.0%
1 yr return
25.9%
3 Yr Avg Return
4.7%
5 Yr Avg Return
11.2%
Net Assets
$13 B
Holdings in Top 10
88.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$300,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AKRSX - Profile
Distributions
- YTD Total Return 3.0%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 11.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAkre Focus Fund
-
Fund Family NameAkre
-
Inception DateAug 31, 2009
-
Shares Outstanding21109144
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Neff
Fund Description
AKRSX - Performance
Return Ranking - Trailing
Period | AKRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -39.2% | 19.3% | 88.82% |
1 Yr | 25.9% | -24.8% | 65.1% | 80.76% |
3 Yr | 4.7%* | -30.8% | 22.0% | 47.18% |
5 Yr | 11.2%* | -16.0% | 28.0% | 74.00% |
10 Yr | N/A* | -5.5% | 18.8% | 9.40% |
* Annualized
Return Ranking - Calendar
Period | AKRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 24.5% | -74.1% | 72.4% | 76.12% |
2022 | -27.3% | -85.9% | 4.7% | 19.32% |
2021 | 20.4% | -52.4% | 60.5% | 14.12% |
2020 | 20.8% | -34.3% | 145.0% | 69.64% |
2019 | 31.6% | -21.8% | 49.4% | 14.86% |
Total Return Ranking - Trailing
Period | AKRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -39.2% | 19.3% | 88.82% |
1 Yr | 25.9% | -24.8% | 65.1% | 80.76% |
3 Yr | 4.7%* | -30.8% | 22.0% | 47.18% |
5 Yr | 11.2%* | -16.0% | 28.0% | 74.00% |
10 Yr | N/A* | -5.5% | 18.8% | 9.11% |
* Annualized
Total Return Ranking - Calendar
Period | AKRSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 28.8% | -4.6% | 72.4% | 76.90% |
2022 | -22.7% | -61.7% | 5.6% | 17.12% |
2021 | 24.6% | -39.8% | 118.1% | 29.93% |
2020 | 20.8% | 2.8% | 149.2% | 92.27% |
2019 | 35.5% | -5.2% | 49.4% | 29.44% |
NAV & Total Return History
AKRSX - Holdings
Concentration Analysis
AKRSX | Category Low | Category High | AKRSX % Rank | |
---|---|---|---|---|
Net Assets | 13 B | 242 K | 269 B | 17.09% |
Number of Holdings | 19 | 1 | 3217 | 98.05% |
Net Assets in Top 10 | 11.4 B | 104 K | 111 B | 9.25% |
Weighting of Top 10 | 87.96% | 0.7% | 205.0% | 2.13% |
Top 10 Holdings
- Mastercard Inc 14.06%
- Constellation Software Inc/Canada 13.42%
- Moody's Corp 12.86%
- KKR Co Inc 10.15%
- American Tower Corp 8.72%
- Visa Inc 6.87%
- Roper Technologies Inc 6.20%
- O'Reilly Automotive Inc 5.91%
- Brookfield Corp 5.34%
- CoStar Group Inc 4.42%
Asset Allocation
Weighting | Return Low | Return High | AKRSX % Rank | |
---|---|---|---|---|
Stocks | 96.91% | 0.00% | 130.05% | 83.45% |
Bonds | 1.57% | 0.00% | 104.15% | 1.36% |
Cash | 1.52% | -1.50% | 173.52% | 41.26% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 18.85% |
Other | 0.00% | -43.49% | 50.04% | 27.50% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 5.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AKRSX % Rank | |
---|---|---|---|---|
Financial Services | 42.11% | 0.00% | 43.06% | 0.17% |
Technology | 21.44% | 0.00% | 65.70% | 92.18% |
Real Estate | 16.05% | 0.00% | 16.05% | 0.09% |
Consumer Cyclical | 10.02% | 0.00% | 62.57% | 85.88% |
Industrials | 7.39% | 0.00% | 30.65% | 34.95% |
Healthcare | 2.99% | 0.00% | 39.76% | 97.87% |
Utilities | 0.00% | 0.00% | 16.07% | 31.38% |
Energy | 0.00% | 0.00% | 41.09% | 54.25% |
Communication Services | 0.00% | 0.00% | 66.40% | 97.96% |
Consumer Defense | 0.00% | 0.00% | 25.50% | 86.31% |
Basic Materials | 0.00% | 0.00% | 18.91% | 73.81% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AKRSX % Rank | |
---|---|---|---|---|
US | 79.90% | 0.00% | 130.05% | 97.28% |
Non US | 17.01% | 0.00% | 78.10% | 1.61% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AKRSX % Rank | |
---|---|---|---|---|
Corporate | 12.30% | 0.00% | 100.00% | 7.25% |
Cash & Equivalents | 0.77% | 0.00% | 173.52% | 53.27% |
Derivative | 0.00% | -44.09% | 82.03% | 15.29% |
Securitized | 0.00% | 0.00% | 43.70% | 0.98% |
Municipal | 0.00% | 0.00% | 0.57% | 0.98% |
Government | 0.00% | 0.00% | 12.45% | 2.33% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AKRSX % Rank | |
---|---|---|---|---|
US | 1.57% | 0.00% | 104.15% | 1.27% |
Non US | 0.00% | 0.00% | 1.69% | 0.42% |
AKRSX - Expenses
Operational Fees
AKRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.01% | 19.54% | 49.96% |
Management Fee | 0.90% | 0.00% | 1.50% | 92.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 46.69% |
Sales Fees
AKRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AKRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 48.94% |
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.
AKRSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 316.74% | 8.92% |
AKRSX - Distributions
Dividend Yield Analysis
AKRSX | Category Low | Category High | AKRSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.99% | 43.71% |
Dividend Distribution Analysis
AKRSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
AKRSX | Category Low | Category High | AKRSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.03% | -6.13% | 3.48% | 23.22% |
Capital Gain Distribution Analysis
AKRSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
AKRSX - Fund Manager Analysis
Managers
John Neff
Start Date
Tenure
Tenure Rank
Aug 01, 2014
7.84
7.8%
Mr. Neff joined Akre Capital in 2009 as a Senior Analyst and became a Partner of Akre Capital in January 2013. Previously, Mr. Neff served as a Senior Equity Analyst for William Blair since 2002 after starting in its Equity Research department in 1999. John worked at First Chicago NBD Corporation from 1996 to 1999 after beginning his career in the securities industry at Merrill Lynch in 1994. John received his M.B.A. from the University of Chicago in 1999 and holds a B.A. from Colgate University.
Chris Cerrone
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Chris Cerrone is a Partner at Akre Capital Management. Prior to joining Akre Capital Management in 2012, Chris served as an equity research analyst for Goldman Sachs & Co. in New York from 2010 to 2012. In that position, he covered restaurant and retail companies. He began his investment management career in 2007 as a junior equity research analyst with Century Capital Management in Boston. Chris graduated summa cum laude with a B.A. in economics from Tufts University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.22 | 3.08 |