The Disciplined Growth Investors Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.8%
1 yr return
31.2%
3 Yr Avg Return
7.5%
5 Yr Avg Return
12.7%
Net Assets
$537 M
Holdings in Top 10
33.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.78%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DGIFX - Profile
Distributions
- YTD Total Return 17.8%
- 3 Yr Annualized Total Return 7.5%
- 5 Yr Annualized Total Return 12.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.39%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameThe Disciplined Growth Investors Fund
-
Fund Family NameFinancial Investors Trust
-
Inception DateAug 12, 2011
-
Shares Outstanding16820082
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRob Nicoski
Fund Description
The Fund pursues its investment objective by investing, under normal conditions, approximately 65% of its assets in equity securities and approximately 35% in fixed-income securities and cash equivalents. The allocation to equity and fixed-income securities may vary widely from time to time, as market conditions warrant. The Fund may invest in both investment-grade and below investment-grade securities. The Fund’s fixed-income securities will generally have a weighted average maturity of five to 10 years, although Disciplined Growth Investors, Inc. (“DGI” or the “Adviser”) may cause the Fund to invest in fixed-income securities with a weighted average maturity greater than 10 years or less than five years, depending on market conditions. If the Adviser cannot find qualifying investments, the Fund may hold cash and short-term securities. The Adviser seeks to invest primarily in U.S. companies but may invest in foreign companies from time to time.
With respect to the equity portion of the portfolio, the Adviser seeks to generally invest in mid-sized companies, which the Adviser regards as those with market capitalizations at the time of purchase greater than $1 billion and less than $15 billion. The Adviser employs a “bottom-up” approach to building a portfolio. The Adviser’s goal is to find stocks that it believes meet its criteria of sustainable competitive advantage relative to industry peers, long-term superior return on capital coupled with the financial ability to meet reasonable growth objectives. The Adviser will sell a stock through a process of allocating capital to the highest expected returns or if individual security risks become unexpectedly high.
Fixed-income securities generally include corporate debt securities, U.S. Government obligations, mortgage-backed securities and other mortgage-related products and short-term securities.
With respect to the fixed-income portion of the portfolio, the Adviser seeks to identify fundamental growth opportunities in specific fixed-income securities that offer relative value within the fixed- income markets. The Adviser’s decision making approach has both “top-down” (including duration/ maturity positioning, yield curve risk and sector/quality risk) and “bottom-up” (including credit research, quantitative analysis and trading) components. The Adviser’s sell discipline is managed through a combination of inputs from its maturity, sector and individual selection decisions.
DGIFX - Performance
Return Ranking - Trailing
Period | DGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 1.8% | 20.1% | 5.48% |
1 Yr | 31.2% | 6.5% | 33.3% | 1.71% |
3 Yr | 7.5%* | -11.0% | 10.1% | 3.52% |
5 Yr | 12.7%* | 1.0% | 12.6% | 0.38% |
10 Yr | 9.6%* | 0.5% | 11.3% | 3.23% |
* Annualized
Return Ranking - Calendar
Period | DGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.3% | -6.9% | 29.3% | 0.34% |
2022 | -20.0% | -37.4% | -8.2% | 41.90% |
2021 | -1.5% | -9.8% | 25.4% | 98.21% |
2020 | 12.4% | -21.0% | 25.4% | 11.74% |
2019 | 19.7% | -8.3% | 27.9% | 14.01% |
Total Return Ranking - Trailing
Period | DGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.8% | 1.8% | 20.1% | 5.48% |
1 Yr | 31.2% | 6.5% | 33.3% | 1.71% |
3 Yr | 7.5%* | -11.0% | 10.1% | 3.52% |
5 Yr | 12.7%* | 1.0% | 12.6% | 0.38% |
10 Yr | 9.6%* | 0.5% | 11.3% | 3.23% |
* Annualized
Total Return Ranking - Calendar
Period | DGIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.0% | -0.9% | 33.0% | 0.34% |
2022 | -18.2% | -36.0% | -0.9% | 82.39% |
2021 | 9.7% | -7.8% | 33.9% | 96.42% |
2020 | 24.0% | -16.2% | 25.4% | 0.76% |
2019 | 24.0% | 7.3% | 34.8% | 22.57% |
NAV & Total Return History
DGIFX - Holdings
Concentration Analysis
DGIFX | Category Low | Category High | DGIFX % Rank | |
---|---|---|---|---|
Net Assets | 537 M | 1.41 M | 120 B | 67.47% |
Number of Holdings | 139 | 4 | 2696 | 23.63% |
Net Assets in Top 10 | 183 M | 1.28 M | 27.7 B | 78.08% |
Weighting of Top 10 | 33.26% | 19.7% | 118.4% | 79.11% |
Top 10 Holdings
- Super Micro Computer, Inc. 5.59%
- Pure Storage, Inc. 4.29%
- Arista Networks, Inc. 3.82%
- Plexus Corp. 3.63%
- Garmin, Ltd. 3.02%
- Cognex Corp. 2.89%
- Microchip Technology, Inc. 2.67%
- Alarm.com Holdings, Inc. 2.54%
- Akamai Technologies, Inc. 2.54%
- Gentex Corp. 2.27%
Asset Allocation
Weighting | Return Low | Return High | DGIFX % Rank | |
---|---|---|---|---|
Stocks | 71.11% | 0.00% | 100.07% | 74.32% |
Bonds | 28.58% | 0.00% | 102.71% | 7.88% |
Convertible Bonds | 0.58% | 0.00% | 26.48% | 21.72% |
Cash | 0.31% | 0.00% | 89.93% | 63.36% |
Preferred Stocks | 0.00% | 0.00% | 16.57% | 34.93% |
Other | 0.00% | -0.31% | 28.56% | 36.64% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DGIFX % Rank | |
---|---|---|---|---|
Technology | 52.93% | 3.31% | 52.93% | 0.34% |
Consumer Cyclical | 16.01% | 0.00% | 16.01% | 0.34% |
Industrials | 11.74% | 1.16% | 32.55% | 27.93% |
Healthcare | 7.71% | 0.00% | 36.30% | 97.59% |
Energy | 7.04% | 0.00% | 29.22% | 18.28% |
Communication Services | 2.14% | 0.00% | 26.62% | 96.90% |
Financial Services | 1.41% | 0.28% | 52.80% | 98.28% |
Consumer Defense | 1.02% | 0.00% | 14.86% | 96.21% |
Utilities | 0.00% | 0.00% | 31.67% | 94.14% |
Real Estate | 0.00% | 0.00% | 33.86% | 94.83% |
Basic Materials | 0.00% | 0.00% | 11.49% | 98.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DGIFX % Rank | |
---|---|---|---|---|
US | 71.11% | 0.00% | 100.07% | 70.21% |
Non US | 0.00% | 0.00% | 21.17% | 37.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DGIFX % Rank | |
---|---|---|---|---|
Corporate | 66.23% | 0.00% | 98.43% | 9.66% |
Government | 29.75% | 0.00% | 99.71% | 38.28% |
Cash & Equivalents | 0.13% | 0.00% | 83.14% | 66.78% |
Derivative | 0.00% | -0.45% | 28.56% | 27.05% |
Securitized | 0.00% | 0.00% | 37.97% | 86.90% |
Municipal | 0.00% | 0.00% | 17.02% | 68.97% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DGIFX % Rank | |
---|---|---|---|---|
US | 28.58% | 0.00% | 102.71% | 7.88% |
Non US | 0.00% | 0.00% | 1.68% | 17.81% |
DGIFX - Expenses
Operational Fees
DGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.78% | 0.04% | 4.67% | 66.78% |
Management Fee | 0.78% | 0.00% | 1.25% | 92.12% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
DGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | 31.17% |
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.
DGIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 4.00% | 236.00% | 55.43% |
DGIFX - Distributions
Dividend Yield Analysis
DGIFX | Category Low | Category High | DGIFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.02% | 0.00% | 10.22% | 40.75% |
Dividend Distribution Analysis
DGIFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
DGIFX | Category Low | Category High | DGIFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.39% | -1.12% | 6.07% | 84.45% |
Capital Gain Distribution Analysis
DGIFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 12, 2024 | $0.061 | OrdinaryDividend |
Jul 11, 2024 | $4.912 | CapitalGainLongTerm |
Mar 14, 2024 | $0.068 | OrdinaryDividend |
Dec 14, 2023 | $0.052 | OrdinaryDividend |
Dec 14, 2023 | $0.496 | CapitalGainLongTerm |
Sep 07, 2023 | $0.048 | OrdinaryDividend |
Jun 08, 2023 | $0.039 | OrdinaryDividend |
Mar 16, 2023 | $0.050 | OrdinaryDividend |
Dec 15, 2022 | $0.349 | OrdinaryDividend |
Sep 08, 2022 | $0.040 | OrdinaryDividend |
Jun 09, 2022 | $0.031 | OrdinaryDividend |
Mar 17, 2022 | $0.027 | OrdinaryDividend |
Dec 16, 2021 | $2.615 | OrdinaryDividend |
Sep 09, 2021 | $0.013 | OrdinaryDividend |
Jun 10, 2021 | $0.011 | OrdinaryDividend |
Mar 18, 2021 | $0.012 | OrdinaryDividend |
Dec 17, 2020 | $2.341 | OrdinaryDividend |
Sep 10, 2020 | $0.021 | OrdinaryDividend |
Jun 11, 2020 | $0.027 | OrdinaryDividend |
Mar 12, 2020 | $0.053 | OrdinaryDividend |
Dec 19, 2019 | $0.044 | OrdinaryDividend |
Dec 19, 2019 | $0.018 | CapitalGainShortTerm |
Dec 19, 2019 | $0.578 | CapitalGainLongTerm |
Sep 19, 2019 | $0.042 | OrdinaryDividend |
Jun 13, 2019 | $0.036 | OrdinaryDividend |
Mar 14, 2019 | $0.042 | OrdinaryDividend |
Dec 20, 2018 | $0.044 | OrdinaryDividend |
Jun 14, 2018 | $0.035 | OrdinaryDividend |
Mar 15, 2018 | $0.039 | OrdinaryDividend |
Dec 14, 2017 | $0.029 | OrdinaryDividend |
Dec 14, 2017 | $0.005 | CapitalGainShortTerm |
Dec 14, 2017 | $0.719 | CapitalGainLongTerm |
Sep 14, 2017 | $0.025 | OrdinaryDividend |
Jun 15, 2017 | $0.023 | OrdinaryDividend |
Mar 16, 2017 | $0.019 | OrdinaryDividend |
DGIFX - Fund Manager Analysis
Managers
Rob Nicoski
Start Date
Tenure
Tenure Rank
Aug 12, 2011
10.81
10.8%
Rob joined Disciplined Growth Investors in May of 2003. Prior to joining Disciplined Growth Investors, Rob worked for U.S. Bancorp Asset Management where he co-managed a small cap equity fund with over $400 million in assets. Rob began his investment career with Piper Jaffray Inc. as an equity analyst focused on small-cap emerging-growth companies. Rob holds the Chartered Financial Analyst designation.
Fred Martin
Start Date
Tenure
Tenure Rank
Aug 12, 2011
10.81
10.8%
Oversees all investment aspect of Disciplined Growth Investors as the Chief Investment Officer and also an active member of the investment team. Fred developed the disciplined investment processes that is fundamental to DGI's success. As the self proclaimed "keeper of the culture" Fred mentors all senior members of the firm to help build a sustainable entity through multiple generations.
Nick Hansen
Start Date
Tenure
Tenure Rank
Dec 16, 2019
2.46
2.5%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 38.44 | 7.38 | 2.41 |