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Trending ETFs

Name

As of 05/21/2024

Price

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

$13.64

$1.33 B

0.33%

$0.04

1.02%

Vitals

YTD Return

-1.9%

1 yr return

5.1%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

7.9%

Net Assets

$1.33 B

Holdings in Top 10

64.5%

52 WEEK LOW AND HIGH

$13.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.02%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

Price

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

$13.64

$1.33 B

0.33%

$0.04

1.02%

CISMX - Profile

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.30%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Clarkston Partners Fund
  • Fund Family Name
    Clarkston Funds
  • Inception Date
    Sep 15, 2015
  • Shares Outstanding
    56298722
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Hakala

Fund Description

Under normal circumstances, the Fund invests primarily in equity securities of U.S. small- and medium-market capitalization companies. The Fund’s investments in equity securities may include common stock, preferred stock and convertible securities. The Fund may also invest in foreign equity securities through American Depositary Receipts (“ADRs”).

The Adviser considers small- and medium-market capitalization companies to be those companies with market capitalizations below that of the largest company based on market capitalization in the Russell 2500TM Index at the time of initial purchase. As of December 31, 2023, the market capitalization of the largest company based on market capitalization in the Russell 2500TM Index was $22.3 billion. The Fund will, however, also invest in equity securities of larger companies. Because small- and medium-market capitalization companies are defined by reference to an index, the market capitalization of the companies in which the Fund invests may vary with market conditions.

The Fund seeks to achieve long-term capital appreciation while minimizing volatility and risk. To accomplish this goal, the Fund invests in companies the Adviser believes to be of high quality and undervalued relative to their expected long-term free cash flows. The Adviser refers to this investment philosophy as “Quality Value”.

The Adviser defines high-quality companies as those that meet certain financial, business and management criteria, which may vary over time. These criteria include favorable profitability metrics, sustainable competitive advantages and capable management teams.

The Fund is “non-diversified,” which means that it may invest a significant portion of its assets in a relatively small number of issuers. From time to time, the Fund may focus its investments in companies in one or more economic sectors. Economic sectors include multiple different industries. The Fund will not invest 25% or more of its assets in any one industry.

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CISMX - Performance

Return Ranking - Trailing

Period CISMX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -1.3% 17.0% 99.73%
1 Yr 5.1% -1.5% 43.2% 98.64%
3 Yr -1.9%* -4.6% 14.7% 98.62%
5 Yr 7.9%* 0.3% 17.3% 85.23%
10 Yr N/A* 1.2% 12.2% N/A

* Annualized

Return Ranking - Calendar

Period CISMX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -11.3% 33.3% 84.55%
2022 -14.8% -41.6% 2.3% 57.81%
2021 7.1% -41.5% 44.9% 86.54%
2020 13.2% -29.0% 22.1% 1.68%
2019 19.4% -8.1% 31.2% 67.44%

Total Return Ranking - Trailing

Period CISMX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -1.3% 17.0% 99.73%
1 Yr 5.1% -1.5% 43.2% 98.64%
3 Yr -1.9%* -4.6% 14.7% 98.62%
5 Yr 7.9%* 0.3% 17.3% 85.23%
10 Yr N/A* 1.2% 12.2% N/A

* Annualized

Total Return Ranking - Calendar

Period CISMX Return Category Return Low Category Return High Rank in Category (%)
2023 6.4% -3.7% 36.5% 94.58%
2022 -0.1% -35.0% 2.4% 4.11%
2021 7.9% 6.2% 48.3% 99.73%
2020 17.4% -22.9% 23.2% 0.84%
2019 23.9% -3.0% 35.7% 74.93%

NAV & Total Return History


CISMX - Holdings

Concentration Analysis

CISMX Category Low Category High CISMX % Rank
Net Assets 1.33 B 991 K 28 B 37.03%
Number of Holdings 19 8 2449 99.19%
Net Assets in Top 10 857 M 250 K 4.28 B 19.46%
Weighting of Top 10 64.51% 5.0% 104.2% 0.81%

Top 10 Holdings

  1. Clarivate PLC 10.88%
  2. US Foods Holding Corp. 7.71%
  3. Stericycle, Inc. 7.31%
  4. LPL Financial Holdings, Inc. 7.20%
  5. Affiliated Managers Group, Inc. 7.07%
  6. Post Holdings, Inc. 6.40%
  7. Hillenbrand, Inc. 5.01%
  8. Molson Coors Beverage Co. 4.66%
  9. GFL Environmental, Inc. 4.39%
  10. John Wiley Sons, Inc. 3.88%

Asset Allocation

Weighting Return Low Return High CISMX % Rank
Stocks
92.03% 52.93% 102.65% 96.49%
Cash
7.97% 0.00% 43.04% 4.32%
Preferred Stocks
0.00% 0.00% 5.43% 51.08%
Other
0.00% -0.08% 8.33% 64.32%
Convertible Bonds
0.00% 0.00% 0.02% 47.55%
Bonds
0.00% 0.00% 27.39% 48.92%

Stock Sector Breakdown

Weighting Return Low Return High CISMX % Rank
Industrials
29.02% 0.00% 29.02% 0.27%
Financial Services
27.74% 0.00% 60.11% 4.89%
Consumer Defense
15.39% 0.00% 33.79% 2.72%
Communication Services
10.16% 0.00% 19.80% 7.07%
Technology
9.27% 0.00% 30.07% 55.71%
Healthcare
8.42% 0.00% 32.47% 51.63%
Utilities
0.00% 0.00% 24.69% 94.29%
Real Estate
0.00% 0.00% 40.74% 95.11%
Energy
0.00% 0.00% 29.17% 97.01%
Consumer Cyclical
0.00% 0.00% 29.62% 98.10%
Basic Materials
0.00% 0.00% 23.88% 99.46%

Stock Geographic Breakdown

Weighting Return Low Return High CISMX % Rank
US
92.03% 52.93% 102.65% 85.14%
Non US
0.00% 0.00% 34.45% 60.81%

CISMX - Expenses

Operational Fees

CISMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.02% 0.01% 16.92% 48.65%
Management Fee 0.80% 0.00% 1.20% 82.16%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

CISMX 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

CISMX 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.

CISMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 0.00% 227.00% 0.89%

CISMX - Distributions

Dividend Yield Analysis

CISMX Category Low Category High CISMX % Rank
Dividend Yield 0.33% 0.00% 22.79% 29.00%

Dividend Distribution Analysis

CISMX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

CISMX Category Low Category High CISMX % Rank
Net Income Ratio 0.30% -1.84% 4.73% 80.38%

Capital Gain Distribution Analysis

CISMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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CISMX - Fund Manager Analysis

Managers

Jeffrey Hakala


Start Date

Tenure

Tenure Rank

Sep 15, 2015

6.71

6.7%

Jeffery Hakala is Co-Founder, Chief Executive Officer and Co-Chief Investment Officer of Clarkston Capital Partners. He has co-managed the firm’s investment disciplines since the firm’s inception in 2007.Jeffrey is a founding member of Clarkston Capital Partners and leads the firm’s Investment Committee. With over fifteen years of experience in portfolio management, investment research, financial reporting and accounting, he brings a wide range of expertise to CCP’s security analysis and selection activities. Prior to forming the firm, he served as a portfolio manager at Seger-Elvekrog, as a member of the Audit and Advisory Services Group at Arthur Andersen, LLP, and as a portfolio manager with Investment Counsel, Inc. Mr. Hakala is a licensed Certified Public Accountant, holds the Chartered Financial Analyst (CFA) designation, and is an acting member of the CFA Institute and the AICPA. Mr. Hakala serves as a Director of Wright & Filippis. Jeffrey earned a Bachelor’s degree in Accounting and a Master’s degree in Business Administration with a focus on Finance and Accounting, both from Michigan State University.

Gerald Hakala


Start Date

Tenure

Tenure Rank

Sep 15, 2015

6.71

6.7%

Gerald Hakala is a Co-Founder and Director of Research of Clarkston Capital Partners, LLC. He has co-managed the firm’s investment disciplines since the firm’s inception in 2007. Mr. Hakala has a Bachelor of Business Administration from the University of Michigan and a Master of Business Administration from Michigan State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.28 10.92