AlphaMark Fund
Name
As of 07/31/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-11.2%
1 yr return
-19.2%
3 Yr Avg Return
-8.1%
5 Yr Avg Return
-9.2%
Net Assets
$20.2 M
Holdings in Top 10
65.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.23%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 91.00%
Redemption Fee 1.50%
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/31/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AMLCX - Profile
Distributions
- YTD Total Return -11.2%
- 3 Yr Annualized Total Return -8.1%
- 5 Yr Annualized Total Return -9.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.28%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAlphaMark Fund
-
Fund Family NameAlphaMark
-
Inception DateOct 31, 2008
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Simon
Fund Description
Under normal circumstances, the Fund will invest primarily in a portfolio of exchange-traded funds (Underlying ETFs) and individual equity securities that are a direct or indirect investment in large cap companies represented in the S&P 500 Index. The Advisor defines large cap companies as companies with a total market capitalization of $5 billion or more at the time of purchase. The Fund may also invest in securities issued by foreign companies that are listed on a U.S. exchange, including sponsored American depositary receipts (ADRs). During periods of volatility, the Fund may utilize the following option strategies with respect to options on individual stocks, ETFs or an index: (i) buy put or call options for a portion of the portfolio; (ii) write puts to generate income while waiting for a stock price to become more reasonable; and (iii) write call options to generate income on stock positions that the Advisor believes are becoming overvalued.
The Fund may invest in Underlying ETFs that primarily track the individual sectors represented in the S&P 500 Index. The Advisor seeks to invest in Underlying ETFs or individual equity securities that it believes represent the best risk-adjusted investment options. ETFs offer diversification and, therefore, reduce the inherent volatility of individual stock selections. The Fund may also invest directly in common stock and may hold preferred stock received as part of a corporate action.
The Advisor continually monitors global market conditions and the valuation of specific styles to determine the allocations of the holdings in the Fund. The Advisor utilizes valuation metrics, such as price to earnings ratios, price to sales ratios, and price to book ratios of companies in various sectors relative to historic trends, as well as the relative performance of such sectors, to determine whether a sector is overvalued or undervalued. When the Advisor determines that a particular sector or other segment of the equity market is exhibiting conditions of becoming overvalued, the Advisor may reduce the allocation in that sector and conversely increase the allocation in other sectors that exhibit a more compelling value proposition.
The Advisor may sell an individual equity from the Funds portfolio under one
or more of the following circumstances:
● | A material change in the companys structure or management; |
● | A material change in the industry, sector, or economic factors affecting that industry; |
● | A position has doubled in weight; |
● | Analysts estimates of future earnings of the company have decreased by more than 5%; |
● | The price has become overvalued by 20% or more based on the Advisors proprietary cash flow models; or |
● | To take advantage of price swings caused by market volatility or events due to the foregoing circumstances. |
The Fund may also invest in foreign issuers with securities listed on U.S. exchanges or sponsored ADRs when, in the Advisors opinion, such investments would be advantageous to the Fund and help the Fund achieve its investment objective. The Fund will also buy and sell options, from time to time, to seek to provide protection on individual holdings or on the portfolio as a whole. However, there is no guarantee any option strategy will meet the intended objective. Option strategies may include but are not limited to: buying put or call options on an individual stock, or Underlying ETF or index to seek protection for or hedging against anticipated volatility in a portion of the portfolio; writing puts to generate income while waiting for a stock price to become more reasonable; and writing covered calls to generate income on stock positions that the Advisor believes are becoming overvalued.
The Advisors investment philosophy is grounded by an appreciation of risk. The Advisor believes that it is possible to identify growing companies or sectors by trends in past and forecasted revenues and earnings. However, in selecting individual equities, it is important to select only those companies that have a sustainable business model through various economic conditions. A sustainable business model is one that is focused on organic growth supplemented by acquisitions and capital investment. The Advisor believes a strong business model creates shareholder wealth, as measured by the return on equity that a company produces. A company that produces a reliable stream of cash from operating activities can succeed in economically challenging times.
The portion of the Funds net assets invested at any given time, either directly or via an Underlying ETF, in securities of issuers engaged in industries within a particular sector is affected by valuation considerations and other investment characteristics of that sector. As a result, the Funds investment in various sectors generally will change over time, and a significant allocation to any particular sector does not necessarily represent a continuing investment policy or investment strategy to invest in that sector.
AMLCX - Performance
Return Ranking - Trailing
Period | AMLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.2% | -61.5% | 33.0% | 99.62% |
1 Yr | -19.2% | -62.3% | 38.6% | 98.49% |
3 Yr | -8.1%* | -29.1% | 92.2% | 95.66% |
5 Yr | -9.2%* | -31.1% | 96.1% | 95.64% |
10 Yr | -3.9%* | -19.1% | 37.1% | 94.93% |
* Annualized
Return Ranking - Calendar
Period | AMLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -16.6% | -64.5% | 28.9% | 14.88% |
2022 | 4.2% | -20.5% | 152.6% | 81.07% |
2021 | -2.9% | -13.9% | 183.6% | 98.14% |
2020 | 5.2% | -8.3% | 8.9% | 52.92% |
2019 | -6.9% | -13.5% | 12.6% | 95.23% |
Total Return Ranking - Trailing
Period | AMLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.2% | -61.5% | 33.0% | 93.19% |
1 Yr | -19.2% | -62.3% | 33.1% | 98.56% |
3 Yr | -8.1%* | -29.1% | 92.2% | 95.58% |
5 Yr | -9.2%* | -30.5% | 96.1% | 97.57% |
10 Yr | 1.1%* | -13.9% | 37.1% | 87.64% |
* Annualized
Total Return Ranking - Calendar
Period | AMLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -16.6% | -64.5% | 28.9% | 14.96% |
2022 | 4.2% | -20.5% | 152.6% | 81.15% |
2021 | -2.9% | -13.9% | 183.6% | 98.14% |
2020 | 5.2% | -8.3% | 8.9% | 53.42% |
2019 | -6.9% | -10.9% | 12.6% | 99.21% |
NAV & Total Return History
AMLCX - Holdings
Concentration Analysis
AMLCX | Category Low | Category High | AMLCX % Rank | |
---|---|---|---|---|
Net Assets | 20.2 M | 177 K | 1.21 T | 95.72% |
Number of Holdings | 58 | 2 | 4154 | 73.76% |
Net Assets in Top 10 | 13.1 M | 288 K | 270 B | 92.76% |
Weighting of Top 10 | 65.16% | 1.8% | 106.2% | 2.92% |
Top 10 Holdings
- Fidelity® Inv MM Fds Government I 10.79%
- United States Treasury Bills 0% 9.96%
- United States Treasury Bills 0% 9.64%
- United States Treasury Bills 0% 9.43%
- Global Payments Inc 5.20%
- Amazon.com Inc 4.96%
- The Kroger Co 4.94%
- Regeneron Pharmaceuticals Inc 4.61%
- Fifth Third Bancorp 4.45%
- Waste Management Inc 3.92%
Asset Allocation
Weighting | Return Low | Return High | AMLCX % Rank | |
---|---|---|---|---|
Stocks | 89.12% | 0.00% | 130.24% | 98.34% |
Cash | 10.87% | -102.29% | 100.00% | 0.98% |
Preferred Stocks | 0.00% | 0.00% | 1.57% | 10.18% |
Other | 0.00% | -13.91% | 134.98% | 10.71% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 4.91% |
Bonds | 0.00% | -0.04% | 95.81% | 6.03% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AMLCX % Rank | |
---|---|---|---|---|
Healthcare | 19.41% | 0.00% | 60.70% | 9.18% |
Technology | 16.55% | 0.00% | 48.94% | 86.15% |
Financial Services | 12.68% | 0.00% | 55.59% | 74.22% |
Consumer Cyclical | 10.81% | 0.00% | 30.33% | 45.29% |
Industrials | 10.72% | 0.00% | 29.90% | 26.63% |
Consumer Defense | 10.16% | 0.00% | 47.71% | 13.16% |
Communication Services | 8.56% | 0.00% | 27.94% | 49.04% |
Energy | 4.75% | 0.00% | 41.64% | 33.28% |
Real Estate | 3.73% | 0.00% | 31.91% | 20.05% |
Basic Materials | 2.28% | 0.00% | 25.70% | 70.85% |
Utilities | 0.35% | 0.00% | 20.91% | 82.02% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AMLCX % Rank | |
---|---|---|---|---|
US | 88.49% | 0.00% | 127.77% | 84.54% |
Non US | 0.63% | 0.00% | 32.38% | 83.48% |
AMLCX - Expenses
Operational Fees
AMLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.23% | 0.01% | 49.27% | 3.77% |
Management Fee | 1.00% | 0.00% | 2.00% | 94.94% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 29.26% |
Administrative Fee | N/A | 0.00% | 0.85% | 44.52% |
Sales Fees
AMLCX 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
AMLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.50% | 0.25% | 2.00% | 60.34% |
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.
AMLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 91.00% | 0.00% | 496.00% | 90.08% |
AMLCX - Distributions
Dividend Yield Analysis
AMLCX | Category Low | Category High | AMLCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.17% | 0.00% | 27.34% | 48.35% |
Dividend Distribution Analysis
AMLCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
AMLCX | Category Low | Category High | AMLCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.28% | -54.00% | 6.06% | 91.54% |
Capital Gain Distribution Analysis
AMLCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2019 | $0.275 | OrdinaryDividend |
Jan 02, 2019 | $0.017 | OrdinaryDividend |
Dec 29, 2017 | $0.037 | OrdinaryDividend |
Dec 30, 2016 | $0.001 | OrdinaryDividend |
Dec 31, 2015 | $0.012 | OrdinaryDividend |
Dec 31, 2014 | $0.006 | OrdinaryDividend |
Dec 31, 2012 | $0.010 | OrdinaryDividend |
Dec 31, 2008 | $0.018 | OrdinaryDividend |
AMLCX - Fund Manager Analysis
Managers
Michael Simon
Start Date
Tenure
Tenure Rank
Oct 31, 2008
13.59
13.6%
Mr. Simon founded AlphaMark Advisors, LLC in 1999 and is the President and Chief Investment Officer of AlphaMark Advisors. Mr. Simon has worked in the financial analysis and investment fields since 1991 and previously worked as a Managing Financial Service Advisor at a money management firm and a Senior Portfolio Manager at a regional bank.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.16 | 2.42 |