Bright Rock Quality Large Cap Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.8%
1 yr return
25.9%
3 Yr Avg Return
9.2%
5 Yr Avg Return
13.2%
Net Assets
$386 M
Holdings in Top 10
42.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BQLCX - Profile
Distributions
- YTD Total Return 17.8%
- 3 Yr Annualized Total Return 9.2%
- 5 Yr Annualized Total Return 13.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.87%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBright Rock Quality Large Cap Fund
-
Fund Family NameBright Rock
-
Inception DateMay 26, 2010
-
Shares Outstanding15168636
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDouglas Butler
Fund Description
BQLCX - Performance
Return Ranking - Trailing
Period | BQLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 3.2% | 39.2% | 90.66% |
1 Yr | 25.9% | 6.7% | 58.1% | 95.00% |
3 Yr | 9.2%* | -12.8% | 15.3% | 42.75% |
5 Yr | 13.2%* | -8.3% | 109.7% | 72.32% |
10 Yr | 10.6%* | -0.4% | 52.2% | 80.02% |
* Annualized
Return Ranking - Calendar
Period | BQLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.5% | -42.6% | 47.4% | 56.64% |
2022 | -22.4% | -56.3% | -4.2% | 60.62% |
2021 | 17.5% | -27.2% | 537.8% | 47.25% |
2020 | 5.6% | -22.5% | 2181.7% | 80.28% |
2019 | 23.5% | -13.5% | 40.4% | 48.00% |
Total Return Ranking - Trailing
Period | BQLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 3.2% | 39.2% | 90.66% |
1 Yr | 25.9% | 6.7% | 58.1% | 95.00% |
3 Yr | 9.2%* | -12.8% | 15.3% | 42.75% |
5 Yr | 13.2%* | -8.3% | 109.7% | 72.32% |
10 Yr | 10.6%* | -0.4% | 52.2% | 80.02% |
* Annualized
Total Return Ranking - Calendar
Period | BQLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.0% | -5.0% | 47.4% | 68.38% |
2022 | -10.3% | -36.8% | -2.2% | 9.76% |
2021 | 27.7% | 3.0% | 537.8% | 37.75% |
2020 | 9.6% | -15.8% | 2266.0% | 89.53% |
2019 | 29.9% | -0.4% | 241.3% | 50.36% |
NAV & Total Return History
BQLCX - Holdings
Concentration Analysis
BQLCX | Category Low | Category High | BQLCX % Rank | |
---|---|---|---|---|
Net Assets | 386 M | 2.34 M | 1.55 T | 73.60% |
Number of Holdings | 41 | 2 | 3963 | 88.79% |
Net Assets in Top 10 | 174 M | 1.07 M | 517 B | 70.43% |
Weighting of Top 10 | 42.61% | 0.3% | 112.9% | 22.76% |
Top 10 Holdings
- Microsoft Corp 7.25%
- Alphabet Inc 6.00%
- Mastercard Inc 4.73%
- UnitedHealth Group Inc 4.33%
- JPMorgan Chase Co 3.58%
- iShares U.S. Energy ETF 3.53%
- Apple Inc 3.48%
- Merck Co Inc 3.25%
- Colgate-Palmolive Co 3.23%
- West Pharmaceutical Services Inc 3.22%
Asset Allocation
Weighting | Return Low | Return High | BQLCX % Rank | |
---|---|---|---|---|
Stocks | 99.23% | 0.00% | 105.85% | 42.73% |
Cash | 0.77% | 0.00% | 99.07% | 56.62% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 55.48% |
Other | 0.00% | -13.91% | 100.00% | 65.07% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 52.97% |
Bonds | 0.00% | 0.00% | 94.06% | 56.70% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BQLCX % Rank | |
---|---|---|---|---|
Financial Services | 24.27% | 0.00% | 55.59% | 3.56% |
Healthcare | 16.07% | 0.00% | 52.29% | 22.33% |
Technology | 12.42% | 0.00% | 48.94% | 93.80% |
Consumer Cyclical | 9.80% | 0.00% | 30.33% | 63.28% |
Communication Services | 8.75% | 0.00% | 27.94% | 41.60% |
Consumer Defense | 8.61% | 0.00% | 47.71% | 20.18% |
Industrials | 8.42% | 0.00% | 29.90% | 59.22% |
Energy | 5.14% | 0.00% | 41.64% | 21.59% |
Utilities | 3.35% | 0.00% | 20.91% | 20.18% |
Basic Materials | 3.17% | 0.00% | 25.70% | 32.84% |
Real Estate | 0.00% | 0.00% | 31.91% | 93.96% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BQLCX % Rank | |
---|---|---|---|---|
US | 99.23% | 0.00% | 105.85% | 34.12% |
Non US | 0.00% | 0.00% | 64.54% | 61.41% |
BQLCX - Expenses
Operational Fees
BQLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.89% | 0.01% | 19.75% | 43.58% |
Management Fee | 0.65% | 0.00% | 1.90% | 73.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | 40.70% |
Sales Fees
BQLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BQLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
BQLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.40% | 0.00% | 268.00% | 60.38% |
BQLCX - Distributions
Dividend Yield Analysis
BQLCX | Category Low | Category High | BQLCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.57% | 0.00% | 25.47% | 33.39% |
Dividend Distribution Analysis
BQLCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Annual |
Net Income Ratio Analysis
BQLCX | Category Low | Category High | BQLCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.87% | -54.00% | 2.44% | 40.00% |
Capital Gain Distribution Analysis
BQLCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 16, 2024 | $0.034 | OrdinaryDividend |
Mar 15, 2024 | $0.014 | OrdinaryDividend |
Dec 15, 2023 | $0.046 | OrdinaryDividend |
Dec 15, 2023 | $0.459 | CapitalGainLongTerm |
Sep 15, 2023 | $0.033 | OrdinaryDividend |
Jun 15, 2023 | $0.037 | OrdinaryDividend |
Mar 15, 2023 | $0.027 | OrdinaryDividend |
Dec 15, 2022 | $2.680 | OrdinaryDividend |
Sep 15, 2022 | $0.035 | OrdinaryDividend |
Jun 15, 2022 | $0.044 | OrdinaryDividend |
Mar 15, 2022 | $0.033 | OrdinaryDividend |
Dec 17, 2021 | $1.780 | OrdinaryDividend |
Sep 17, 2021 | $0.051 | OrdinaryDividend |
Jun 18, 2021 | $0.046 | OrdinaryDividend |
Mar 19, 2021 | $0.052 | OrdinaryDividend |
Dec 18, 2020 | $0.500 | OrdinaryDividend |
Sep 18, 2020 | $0.068 | OrdinaryDividend |
Jun 19, 2020 | $0.056 | OrdinaryDividend |
Mar 20, 2020 | $0.062 | OrdinaryDividend |
Dec 13, 2019 | $0.057 | OrdinaryDividend |
Dec 13, 2019 | $0.706 | CapitalGainLongTerm |
Sep 13, 2019 | $0.061 | OrdinaryDividend |
Jun 14, 2019 | $0.057 | OrdinaryDividend |
Mar 15, 2019 | $0.052 | OrdinaryDividend |
Dec 14, 2018 | $0.073 | OrdinaryDividend |
Dec 14, 2018 | $0.510 | CapitalGainLongTerm |
Sep 14, 2018 | $0.044 | OrdinaryDividend |
Jun 15, 2018 | $0.083 | OrdinaryDividend |
Mar 15, 2018 | $0.053 | OrdinaryDividend |
Dec 15, 2017 | $0.052 | OrdinaryDividend |
Dec 15, 2017 | $0.258 | CapitalGainLongTerm |
Sep 15, 2017 | $0.051 | OrdinaryDividend |
Jun 15, 2017 | $0.047 | OrdinaryDividend |
Mar 15, 2017 | $0.043 | OrdinaryDividend |
Dec 15, 2016 | $0.051 | OrdinaryDividend |
Dec 15, 2016 | $0.335 | CapitalGainLongTerm |
Sep 15, 2016 | $0.054 | OrdinaryDividend |
Jun 15, 2016 | $0.048 | OrdinaryDividend |
Mar 15, 2016 | $0.039 | OrdinaryDividend |
Sep 15, 2015 | $0.057 | OrdinaryDividend |
Jun 15, 2015 | $0.070 | OrdinaryDividend |
Mar 16, 2015 | $0.038 | OrdinaryDividend |
Dec 15, 2014 | $0.071 | OrdinaryDividend |
Dec 15, 2014 | $0.268 | CapitalGainShortTerm |
Dec 15, 2014 | $1.162 | CapitalGainLongTerm |
Sep 15, 2014 | $0.060 | OrdinaryDividend |
Jun 16, 2014 | $0.053 | OrdinaryDividend |
Mar 17, 2014 | $0.059 | OrdinaryDividend |
Dec 16, 2013 | $0.056 | OrdinaryDividend |
Dec 16, 2013 | $0.166 | CapitalGainShortTerm |
Dec 16, 2013 | $0.815 | CapitalGainLongTerm |
Sep 16, 2013 | $0.042 | OrdinaryDividend |
Jun 14, 2013 | $0.028 | OrdinaryDividend |
Mar 15, 2013 | $0.042 | OrdinaryDividend |
Dec 17, 2012 | $0.061 | OrdinaryDividend |
Dec 17, 2012 | $0.093 | CapitalGainShortTerm |
Dec 17, 2012 | $0.432 | CapitalGainLongTerm |
Sep 14, 2012 | $0.044 | OrdinaryDividend |
Jun 15, 2012 | $0.040 | OrdinaryDividend |
Mar 15, 2012 | $0.046 | OrdinaryDividend |
Dec 15, 2011 | $0.060 | OrdinaryDividend |
Dec 15, 2011 | $0.190 | CapitalGainShortTerm |
Dec 15, 2011 | $0.041 | CapitalGainLongTerm |
Sep 15, 2011 | $0.045 | OrdinaryDividend |
Jun 14, 2011 | $0.036 | OrdinaryDividend |
Mar 15, 2011 | $0.031 | OrdinaryDividend |
Dec 15, 2010 | $0.065 | OrdinaryDividend |
Dec 15, 2010 | $0.044 | CapitalGainShortTerm |
BQLCX - Fund Manager Analysis
Managers
Douglas Butler
Start Date
Tenure
Tenure Rank
May 26, 2010
12.02
12.0%
Douglas S. Butler, CFA®, CFP® Doug Butler has worked in the investment business since 1991. Douglas Butler has served as Director of Research of Rockland Trust since 2004. Prior to joining Rockland Trust, Mr. Butler had a consulting business, specializing in mergers and acquisitions consulting for private manufacturing firms in the Chicago area. Prior to that, Mr. Butler was an equity portfolio manager for Sanford C. Bernstein. Mr. Butler is a CFA charter holder and has also received his designation as a Certified Financial PlannerTM.
David Smith
Start Date
Tenure
Tenure Rank
May 26, 2010
12.02
12.0%
David Smith has worked in the investment management field since 1990. As the Chief Investment Officer and Senior Portfolio Manager, he is responsible for the oversight and direction of Bright Rock Capital. He also is responsible for managing client portfolios. In this capacity, Mr. Smith is involved in performing research and setting investment policy. Prior to joining Bright Rock Capital in 2010, Mr. Smith was a founding partner, Senior Vice President and a Senior Portfolio Manager of Mellon Growth Advisors (MGA), a subsidiary of Mellon Financial Corporation. He was the lead portfolio manager for the firm’s MGA Small Cap Growth, MGA Small/Mid Cap Growth, and MGA Mid Cap Growth strategies. Previously, Mr. Smith was a Principal at State Street Global Advisors (SSgA) where he led the US Small/Mid Cap Growth strategies in its Global Fundamental Strategies group. Prior to this, he was Managing Director of real estate securities at the Tuckerman Group, SSgA’s real estate subsidiary. Mr. Smith holds a B.A. in Economics from the University of Massachusetts/Amherst and a M.S. in Finance from the Sawyer School of Management at Suffolk University. He is a CFA charter holder, a member of the CFA Institute and the Boston Security Analysts Society. Mr. Smith serves on the SSgA Advisory Council and on the MSF Advisory Board for the MSF Program at the Sawyer School of Management at Suffolk University. He is also on the Board of Directors of Cardinal Cushing Centers Inc. and the Investment Committee for the South Shore Chamber of Commerce.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |