BPIRX: Boston Partners Long/Short Research Fund - MutualFunds.com

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Boston Partners Long/Short Rsrch Instl

BPIRX - Snapshot

Vitals

  • YTD Return -11.9%
  • 3 Yr Annualized Return -5.4%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $899 M
  • Holdings in Top 10 15.4%

52 WEEK LOW AND HIGH

$14.03
$11.49
$16.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.21%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 66.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Long-Short Equity

Compare BPIRX to Popular Long-Short Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$16.60

-0.24%

$3.78 B

-

$0.00

12.77%

1.78%

$25.26

-0.47%

$1.94 B

0.68%

$0.17

-3.92%

1.86%

$8.12

-0.25%

$1.16 B

10.74%

$0.87

-19.20%

1.28%

$14.00

-0.36%

$1.11 B

0.00%

$0.00

6.54%

1.66%

$13.99

-0.29%

$899.40 M

1.50%

$0.21

-11.90%

2.21%

BPIRX - Profile

Distributions

  • YTD Total Return -11.9%
  • 3 Yr Annualized Total Return -5.4%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Boston Partners Long/Short Research Fund
  • Fund Family Name
    Boston Partners
  • Inception Date
    Sep 30, 2010
  • Shares Outstanding
    68138507
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eric Connerly

Fund Description

The fund actively invests in long positions in stocks identified by the Adviser as undervalued and takes short positions in stocks that the Adviser has identified as overvalued. The cash proceeds from short sales (i.e. sales of securities the fund does not own) are invested in short-term cash instruments to produce a return on such proceeds just below the federal funds rate. The fund invests, both long and short, in equity securities issued by large-, mid- and small (or "micro") cap companies, as well as other instruments that are convertible into equity securities.


BPIRX - Performance

Return Ranking - Trailing

Period BPIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.9% -35.4% 76.4% 87.08%
1 Yr -15.2% -24.2% 81.3% 89.90%
3 Yr -5.4%* -13.3% 17.9% 89.29%
5 Yr -1.5%* -5.7% 14.2% 89.10%
10 Yr 3.7%* -0.8% 9.6% 60.66%

* Annualized

Return Ranking - Calendar

Period BPIRX Return Category Return Low Category Return High Rank in Category (%)
2019 10.0% -12.2% 37.8% 41.71%
2018 -15.2% -41.4% 12.7% 86.77%
2017 10.1% -67.1% 21.9% 25.73%
2016 3.6% -17.3% 25.3% 42.95%
2015 -2.5% -26.2% 11.6% 49.57%

Total Return Ranking - Trailing

Period BPIRX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.9% -35.4% 74.9% 87.08%
1 Yr -15.2% -28.1% 81.3% 89.42%
3 Yr -5.4%* -14.4% 17.9% 87.76%
5 Yr -1.5%* -6.2% 14.2% 89.10%
10 Yr 3.7%* -0.8% 9.6% 60.66%

* Annualized

Total Return Ranking - Calendar

Period BPIRX Return Category Return Low Category Return High Rank in Category (%)
2019 10.0% -12.2% 37.8% 41.71%
2018 -15.2% -23.0% 12.7% 88.36%
2017 10.1% -3.6% 25.0% 47.95%
2016 3.6% -15.5% 25.3% 44.97%
2015 1.3% -26.2% 11.6% 22.22%

NAV & Total Return History


BPIRX - Holdings

Concentration Analysis

BPIRX Category Low Category High BPIRX % Rank
Net Assets 899 M 0 3.78 B 8.49%
Number of Holdings 348 3 2577 13.81%
Net Assets in Top 10 171 M -166 M 685 M 10.95%
Weighting of Top 10 15.36% 1.5% 100.0% 90.80%

Top 10 Holdings

  1. Alphabet Inc A 3.27%
  2. Facebook Inc A 2.18%
  3. Berkshire Hathaway Inc Class B 2.03%
  4. Alphabet Inc Class C 1.57%
  5. Microsoft Corp 1.51%
  6. UnitedHealth Group Inc 1.37%
  7. Samsung Electronics Co Ltd 1.27%
  8. Union Pacific Corp 1.26%
  9. Coca-Cola European Partners PLC 1.25%
  10. British American Tobacco PLC ADR 1.20%

Asset Allocation

Weighting Return Low Return High BPIRX % Rank
Stocks
50.34% -12.61% 278.47% 75.94%
Cash
49.95% -178.47% 112.61% 19.52%
Preferred Stocks
0.00% 0.00% 3.47% 46.67%
Convertible Bonds
0.00% 0.00% 5.58% 46.19%
Bonds
0.00% -9.38% 152.17% 60.38%
Other
-0.30% -12.25% 131.29% 90.48%

Stock Sector Breakdown

Weighting Return Low Return High BPIRX % Rank
Financial Services
16.38% 0.00% 74.33% 25.76%
Industrials
14.40% 0.00% 35.96% 24.75%
Technology
14.32% 0.00% 45.04% 76.26%
Communication Services
11.68% 0.00% 24.74% 20.71%
Healthcare
10.71% 0.00% 98.20% 73.74%
Consumer Cyclical
10.00% 0.00% 81.27% 64.65%
Basic Materials
7.42% 0.00% 17.61% 10.61%
Energy
6.90% 0.00% 12.38% 7.58%
Consumer Defense
6.84% 0.00% 58.77% 52.53%
Utilities
0.76% 0.00% 27.45% 62.63%
Real Estate
0.60% 0.00% 19.67% 71.21%

Stock Geographic Breakdown

Weighting Return Low Return High BPIRX % Rank
US
43.33% -31.19% 278.47% 70.00%
Non US
7.01% -2.12% 62.34% 37.14%

BPIRX - Expenses

Operational Fees

BPIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.21% 0.40% 12.79% 52.40%
Management Fee 1.25% 0.00% 2.25% 62.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.47% 15.91%

Sales Fees

BPIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

BPIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 78.13%

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.

BPIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 470.00% 28.98%

BPIRX - Distributions

Dividend Yield Analysis

BPIRX Category Low Category High BPIRX % Rank
Dividend Yield 0.00% 0.00% 21.26% 48.36%

Dividend Distribution Analysis

BPIRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

BPIRX Category Low Category High BPIRX % Rank
Net Income Ratio -0.01% -2.65% 3.99% 53.85%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

BPIRX - Fund Manager Analysis

Managers

Eric Connerly


Start Date

Tenure

Tenure Rank

Sep 30, 2010

10.09

10.1%

Mr. Connerly is the director of quantitative research for Boston Partners. Prior to assuming this role, he was a research analyst covering the financial, electronics, defense, transportation, and energy sectors and managed a merger arbitrage portfolio. He joined the firm from John Hancock Mutual Funds where he was an analyst and assisted in the management of a small cap portfolio. Prior to that, he was a senior equity analyst at SEI Investments overseeing their small cap equity portfolios. Mr. Connerly holds a BSFS degree Cum Laude in development economics from Georgetown University and an MBA degree in security analysis and investment management, Beta Gamma Sigma, from Columbia Business School. He holds the Chartered Financial Analyst® designation. He has twenty-seven years of experience.

Joseph Feeney


Start Date

Tenure

Tenure Rank

Sep 30, 2010

10.09

10.1%

Mr. Feeney is Chief Executive Officer and Chief Investment Officer for Boston Partners. He is responsible for the firm’s strategic, financial and operating decisions, and all aspects of investment management including the firm’s fundamental and quantitative research groups. He was one of the original partners of Boston Partners Asset Management in 1995. Prior to assuming these roles, he was Director of Research. Mr. Feeney joined Boston Partners upon its inception in 1995 from Putnam Investments where he managed mortgage-backed securities portfolios. He began his career at the Bank of Boston where he was a loan officer specializing on highly leveraged loan portfolios. Mr. Feeney holds a B.S. degree in finance from the University of New Hampshire and an M.B.A. with High Honors from the University of Chicago. He holds the Chartered Financial Analyst® designation and is past President of the Fixed Income Management Society of Boston. He has thirty-five years of investment experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.97 5.7 6.35