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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

Copley Fund

COPLX | Fund

$165.69

$107 M

0.00%

1.16%

Vitals

YTD Return

8.4%

1 yr return

21.3%

3 Yr Avg Return

5.4%

5 Yr Avg Return

7.8%

Net Assets

$107 M

Holdings in Top 10

46.1%

52 WEEK LOW AND HIGH

$165.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 111.25%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$1,000

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

Copley Fund

COPLX | Fund

$165.69

$107 M

0.00%

1.16%

COPLX - Profile

Distributions

  • YTD Total Return 8.4%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Copley Fund
  • Fund Family Name
    Centaur Mutual Funds Trust
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Vijay Chopra

Fund Description

Principal Investment Strategies. Under normal circumstances, the Fund invests at least 80% of the value of its net assets in equity securities (principally common stock) of domestic companies with medium to large market capitalizations (“80% Policy”). Large-cap corporations are those with market capitalizations of $10 billion or greater. Mid-cap companies are those with capitalizations between $2 and $10 billion. The market capitalization of a portfolio company will be measured at the time of its purchase and as of each purchase made by the Fund thereafter. The Fund must provide shareholders with 60 days’ prior written notice if it determines to change the foregoing 80% Policy.

The equity securities in which the Fund invests are primarily common stocks. The Fund may also invest in American Depository Receipts (“ADRs”), preferred stocks, convertible securities, convertible bonds, and warrants. The Fund seeks to identify and invest in equity securities of (1) companies with strong balance sheets and (2) companies whose earnings growth potential enhances prospects for future increases in share price and dividend rates. Emphasis is placed on companies that DCM Advisors, LLC, the Fund’s investment advisor (the “Advisor”), believes are financially strong, have a demonstrable record of growth, and are led by capable, proven, shareholder-sensitive management. The Advisor reviews several factors that are based on the data from companies’ balance sheet and income statements and evaluates the companies’ balance sheet strength and earnings growth capabilities. Additionally, the Advisor reviews management behavior in areas such as research and development and capital expenditures.

The Fund will generally consider selling a security when, in the portfolio manager’s opinion, there is a risk of significant deterioration in the company’s fundamentals, or there is a change in business strategy or issuer-specific business outlook that affects the original investment case. The Fund will also consider selling a security if, in the portfolio manager’s opinion, a superior investment opportunity arises. The Fund may engage in active and frequent trading to achieve its investment objectives. The Fund’s portfolio turnover rate may be 200% or more.

Tax Attributes. Most mutual funds are organized as regulated investment companies (“RICs”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). RICs are domestic corporations that act as investment agents for their shareholders, typically investing in corporate and government securities and distributing income earned from those investments as dividends. RICs may not be subject to corporate taxation because, unlike C Corporations, they are entitled to claim such a deduction for dividends paid to shareholders against their ordinary income and net capital gains. These funds may or may not distribute net capital gains to their shareholders but they are required to distribute at least 90 percent of their annual investment company taxable income and net tax-exempt interest income. The individual shareholder is the person responsible for federal and, where applicable, state and city income taxes on the pro rata share of earnings of the mutual fund.

The Copley Fund is not a RIC. It is organized as a C Corporation under Subchapter C of the Code. Like RICs that seek capital appreciation, the Fund’s investments are intended to create capital appreciation, and may also generate dividend and interest income. Unlike a RIC, the Fund is entitled to use the dividends received deduction whereby up to 50% of the dividend income received, or 50% of the taxable income of the Fund, whichever is less, is exempt from federal taxation. The remaining taxable income is taxed to the Fund at a maximum federal tax rate of 21%. See “Accumulated Earnings Tax” on page 8. Accordingly, dividends and capital gains are not distributed, but rather are accumulated within the Fund and dividends, capital gains and any unrealized appreciation in the value of the Fund’s investments (net of any taxes paid and any deferred income tax liability) are added to the value of each share on a daily basis. Any increase in per share value directly raises the value of each shareholder’s account.

Shareholders will have to recognize taxable income if they redeem shares at a gain. The difference in the amount received and the cost basis of the securities redeemed will be either a capital gain or a capital loss. Long-term capital gains (for securities that are held for more than one year) are currently taxable at a federal maximum rate of 20%. In addition, the 3.8% Medicare tax may apply for certain taxpayers. Capital losses may be taken against other capital gains or be deductible in any given year up to a maximum of $3,000. Unused capital losses may be carried over to future years until the loss is used.

The Fund is liable for federal income taxes on any net realized capital gain at the statutory rate, presently 21%. In addition, the Fund will accrue deferred income taxes on the total net unrealized capital gains in accordance with current accounting pronouncements which require the recognition of a full accrual on the deferred income tax that would be payable if the Fund liquidated all of its gain securities at the end of the fiscal year. It is important to note however, that the deferred income tax is actually payable only in the event the Fund would actually sell appreciated securities. The Fund may carry forward for 5 years any net capital losses as an offset against any net capital gains realized by the Fund during each taxable year.

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COPLX - Performance

Return Ranking - Trailing

Period COPLX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -0.7% 24.8% 67.56%
1 Yr 21.3% -1.3% 49.4% 50.84%
3 Yr 5.4%* -4.3% 30.7% 78.85%
5 Yr 7.8%* 0.1% 44.6% 90.07%
10 Yr 9.8%* 1.3% 24.9% 22.87%

* Annualized

Return Ranking - Calendar

Period COPLX Return Category Return Low Category Return High Rank in Category (%)
2023 17.3% -24.9% 46.1% 6.19%
2022 -15.2% -64.7% 4.6% 75.22%
2021 18.4% -44.2% 57.5% 40.26%
2020 1.1% -23.2% 285.0% 35.92%
2019 25.6% -21.4% 48.5% 10.22%

Total Return Ranking - Trailing

Period COPLX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -0.7% 24.8% 67.56%
1 Yr 21.3% -1.3% 49.4% 50.84%
3 Yr 5.4%* -4.3% 30.7% 78.85%
5 Yr 7.8%* 0.1% 44.6% 90.07%
10 Yr 9.8%* 1.3% 24.9% 22.87%

* Annualized

Total Return Ranking - Calendar

Period COPLX Return Category Return Low Category Return High Rank in Category (%)
2023 17.3% -15.9% 46.7% 14.34%
2022 -15.2% -42.0% 8.5% 97.22%
2021 18.4% 3.6% 129.7% 95.11%
2020 1.1% -22.6% 304.8% 68.05%
2019 25.6% -12.7% 52.1% 49.46%

NAV & Total Return History


COPLX - Holdings

Concentration Analysis

COPLX Category Low Category High COPLX % Rank
Net Assets 107 M 1.09 M 163 B 85.35%
Number of Holdings 37 2 1683 89.56%
Net Assets in Top 10 48.2 M 420 K 33.9 B 81.77%
Weighting of Top 10 46.09% 4.8% 98.8% 6.56%

Top 10 Holdings

  1. Microsoft Corporation 6.98%
  2. Apple, Inc. 5.85%
  3. Meta Platforms, Inc. 5.37%
  4. Walt Disney Company (The) 4.87%
  5. American International Group, Inc. 4.21%
  6. Comcast Corporation 4.17%
  7. Netflix, Inc. 4.08%
  8. Bank of America Corporation 3.61%
  9. Goldman Sachs Group, Inc. (The) 3.51%
  10. Marathon Petroleum Corporation 3.45%

Asset Allocation

Weighting Return Low Return High COPLX % Rank
Stocks
100.02% 1.86% 108.42% 1.95%
Cash
3.44% 0.00% 38.18% 16.99%
Preferred Stocks
0.00% 0.00% 13.88% 10.80%
Other
0.00% -1.68% 39.72% 31.59%
Convertible Bonds
0.00% 0.00% 3.66% 5.41%
Bonds
0.00% -1.92% 73.23% 9.12%

Stock Sector Breakdown

Weighting Return Low Return High COPLX % Rank
Technology
22.74% 0.00% 54.02% 3.92%
Healthcare
14.39% 0.00% 30.08% 80.75%
Financial Services
11.15% 0.00% 58.05% 94.12%
Consumer Cyclical
10.92% 0.00% 22.74% 7.40%
Industrials
9.23% 0.00% 42.76% 77.09%
Communication Services
8.70% 0.00% 26.58% 11.32%
Consumer Defense
8.18% 0.00% 34.10% 53.48%
Energy
6.11% 0.00% 54.00% 75.31%
Utilities
3.26% 0.00% 27.04% 67.74%
Real Estate
3.10% 0.00% 90.54% 43.32%
Basic Materials
2.24% 0.00% 21.69% 74.96%

Stock Geographic Breakdown

Weighting Return Low Return High COPLX % Rank
US
100.02% 1.86% 108.42% 1.95%
Non US
0.00% 0.00% 26.07% 34.25%

COPLX - Expenses

Operational Fees

COPLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.16% 0.03% 14.82% 31.79%
Management Fee 0.65% 0.00% 1.50% 63.27%
12b-1 Fee 0.00% 0.00% 1.00% 0.34%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

COPLX 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 0.95% 5.00% N/A

Trading Fees

COPLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 1.72%

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.

COPLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 111.25% 0.00% 488.00% 91.05%

COPLX - Distributions

Dividend Yield Analysis

COPLX Category Low Category High COPLX % Rank
Dividend Yield 0.00% 0.00% 36.05% 95.32%

Dividend Distribution Analysis

COPLX Category Low Category High Category Mod
Dividend Distribution Frequency None Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

COPLX Category Low Category High COPLX % Rank
Net Income Ratio -0.92% -1.51% 4.28% 99.73%

Capital Gain Distribution Analysis

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

Distributions History

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COPLX - Fund Manager Analysis

Managers

Vijay Chopra


Start Date

Tenure

Tenure Rank

Jun 28, 2018

3.93

3.9%

Dr. Chopra is Senior Managing Director and Portfolio Manager, managing global, international and emerging market equity strategies at DCM Advisors, LLC. Prior to DCM Advisors, Dr. Chopra managed equity strategies at Lebenthal Asset Management, Roosevelt Investments, Mesirow Financial, Bear Stearns Asset Management, and was a Managing Partner at VKC Investments. Prior to VKC Investments, Dr. Chopra was a Portfolio Manager at Jacobs Levy Equity Management, where he co-managed over $13.0 billion in institutional active US equity, and a Director and Portfolio Manager at Deutsche Asset Management, where he co-managed $4.5 billion in global and regional equity portfolios. He has also served as portfolio manager at State Street Global Advisors, and as Vice President in international equities at Bankers Trust Company. Dr. Chopra started his investment career as Senior Research Analyst with Frank Russell Company. Dr. Chopra holds a Doctorate and MBA in Finance from Vanderbilt University, a CFA charter, and an undergraduate degree in Electrical Engineering from the Indian Institute of Technology.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.03 16.42