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Trending ETFs

Name

As of 04/22/2024

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

$18.32

$23.2 B

0.50%

$0.09

1.11%

Vitals

YTD Return

4.4%

1 yr return

16.6%

3 Yr Avg Return

2.2%

5 Yr Avg Return

7.7%

Net Assets

$23.2 B

Holdings in Top 10

28.6%

52 WEEK LOW AND HIGH

$18.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 43.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/22/2024

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

$18.32

$23.2 B

0.50%

$0.09

1.11%

OWLSX - Profile

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.05%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Old Westbury Large Cap Strategies Fund
  • Fund Family Name
    Old Westbury
  • Inception Date
    Mar 23, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    T. Williams

Fund Description

The Fund pursues its investment goal by investing in a diversified portfolio of equity and equity-related securities throughout the world, including in emerging markets. Under normal circumstances, the Fund invests at least 80% of its net assets, including any borrowings for investment purposes, in securities of large capitalization companies. The Adviser currently defines large capitalization companies as companies having, at the time of initial investment, a market capitalization equal to or greater than the largest 70% by market capitalization of the companies that comprise the MSCI ACWI Investable Market Index (IMI). The Fund may continue to hold securities of companies whose market capitalizations fall below the foregoing threshold subsequent to the Fund’s investment in such securities. As of December 31, 2023, the smallest market capitalization in this group was $23.2 billion. This

capitalization range will change as the size of the companies in the index changes with market conditions and the composition of the index.

The Fund employs multiple investment strategies which the Adviser believes are complementary. The Fund invests in securities the Adviser believes have potential for above average returns and active currency strategies. The Fund invests primarily in securities listed on securities exchanges or actively traded in over-the-counter markets either within or outside the issuer’s domicile country. The securities may be listed or traded in the form of American Depositary Receipts (“ADRs”), European Depositary Receipts (“EDRs”) and Global Depositary Receipts (“GDRs”), or other types of depositary receipts (including non-voting depositary receipts) or dual listed securities. The Fund may also invest in government fixed income securities, other investment companies, including exchange-traded funds (“ETFs”), and a variety of derivatives, including futures, options, swaps, and other derivative instruments, to increase or to hedge, or protect, its exposure to, for example, currency value fluctuations or movements in the securities markets. In addition, the Fund may engage in short sales. The foreign securities in which the Fund may invest may be issued by issuers located in emerging market or developing market countries. Fixed income securities held by the Fund may be of any maturity.

The Fund may employ a quantitative strategy. Under a quantitative strategy, the Fund may invest in U.S. and non-U.S. equity securities with a minimum market capitalization of $250 million. The Fund may, to a lesser extent, also employ quantitative strategies focused on one or more industries.

The Adviser has engaged sub-advisers to make the day-to-day investment decisions for portions of the Fund’s portfolio.

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OWLSX - Performance

Return Ranking - Trailing

Period OWLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -35.6% 29.2% 57.83%
1 Yr 16.6% 17.3% 252.4% 63.86%
3 Yr 2.2%* -3.5% 34.6% 54.62%
5 Yr 7.7%* 0.1% 32.7% 65.64%
10 Yr 7.0%* -6.9% 18.3% 73.28%

* Annualized

Return Ranking - Calendar

Period OWLSX Return Category Return Low Category Return High Rank in Category (%)
2023 19.1% -24.3% 957.1% 46.22%
2022 -22.6% -38.3% 47.1% 63.21%
2021 9.9% -54.2% 0.6% 29.74%
2020 13.7% -76.0% 54.1% 81.11%
2019 19.1% -26.1% 47.8% 45.14%

Total Return Ranking - Trailing

Period OWLSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -35.6% 29.2% 58.39%
1 Yr 16.6% 11.4% 252.4% 60.00%
3 Yr 2.2%* -3.5% 34.6% 51.82%
5 Yr 7.7%* 0.1% 32.7% 63.49%
10 Yr 7.0%* -6.9% 18.3% 72.73%

* Annualized

Total Return Ranking - Calendar

Period OWLSX Return Category Return Low Category Return High Rank in Category (%)
2023 19.7% -24.3% 957.1% 46.22%
2022 -22.1% -33.1% 47.1% 63.59%
2021 17.3% -44.4% 1.8% 50.61%
2020 15.3% -6.5% 54.1% 66.47%
2019 25.2% -14.4% 47.8% 47.21%

NAV & Total Return History


OWLSX - Holdings

Concentration Analysis

OWLSX Category Low Category High OWLSX % Rank
Net Assets 23.2 B 199 K 133 B 7.02%
Number of Holdings 750 1 9075 4.63%
Net Assets in Top 10 6.35 B -18 M 37.6 B 9.58%
Weighting of Top 10 28.65% 9.1% 100.0% 71.17%

Top 10 Holdings

  1. Microsoft Corp 6.06%
  2. Apple Inc 4.05%
  3. NVIDIA Corp 3.30%
  4. Amazon.com Inc 2.99%
  5. Broadcom Inc 2.60%
  6. Alphabet Inc 2.53%
  7. JPMorgan Chase Co 2.20%
  8. Chevron Corp 1.99%
  9. Meta Platforms Inc 1.64%
  10. Visa Inc 1.28%

Asset Allocation

Weighting Return Low Return High OWLSX % Rank
Stocks
98.61% 61.84% 125.47% 52.42%
Cash
1.10% -174.70% 23.12% 42.73%
Bonds
0.36% -1.50% 161.67% 46.15%
Preferred Stocks
0.02% -0.01% 5.28% 49.23%
Convertible Bonds
0.00% 0.00% 4.46% 43.50%
Other
-0.01% -13.98% 19.14% 24.12%

Stock Sector Breakdown

Weighting Return Low Return High OWLSX % Rank
Technology
25.34% 0.00% 49.87% 27.31%
Financial Services
15.79% 0.00% 38.42% 52.97%
Consumer Cyclical
12.48% 0.00% 40.94% 28.96%
Communication Services
10.99% 0.00% 57.66% 22.14%
Healthcare
10.23% 0.00% 35.42% 71.26%
Industrials
8.38% 0.00% 44.06% 65.20%
Consumer Defense
5.84% 0.00% 73.28% 61.89%
Basic Materials
4.45% 0.00% 38.60% 65.97%
Energy
4.00% 0.00% 21.15% 30.18%
Utilities
1.26% 0.00% 29.12% 53.63%
Real Estate
1.24% 0.00% 39.48% 64.54%

Stock Geographic Breakdown

Weighting Return Low Return High OWLSX % Rank
US
82.12% 0.13% 103.82% 14.76%
Non US
16.50% 0.58% 99.46% 87.44%

Bond Sector Breakdown

Weighting Return Low Return High OWLSX % Rank
Cash & Equivalents
1.10% 0.00% 100.00% 64.54%
Securitized
0.00% 0.00% 24.65% 39.60%
Corporate
0.00% 0.00% 99.70% 26.62%
Municipal
0.00% 0.00% 0.70% 39.60%
Government
0.00% 0.00% 100.00% 44.18%
Derivative
-0.01% 0.00% 100.00% 46.98%

Bond Geographic Breakdown

Weighting Return Low Return High OWLSX % Rank
US
0.36% -0.01% 130.80% 46.26%
Non US
0.00% -11.21% 30.87% 42.73%

OWLSX - Expenses

Operational Fees

OWLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.01% 44.27% 57.24%
Management Fee 0.81% 0.00% 1.82% 79.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.76% 14.66%

Sales Fees

OWLSX 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% 5.00% N/A

Trading Fees

OWLSX 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.

OWLSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 0.00% 395.00% 81.08%

OWLSX - Distributions

Dividend Yield Analysis

OWLSX Category Low Category High OWLSX % Rank
Dividend Yield 0.50% 0.00% 3.26% 43.00%

Dividend Distribution Analysis

OWLSX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

OWLSX Category Low Category High OWLSX % Rank
Net Income Ratio 0.05% -4.27% 12.65% 60.00%

Capital Gain Distribution Analysis

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

Distributions History

View More +

OWLSX - Fund Manager Analysis

Managers

T. Williams


Start Date

Tenure

Tenure Rank

Jun 01, 2013

9.0

9.0%

T. Perry Williams joined Sands Capital Management in 2004. Prior to his current role as Sr. Research Analyst and Sr. Portfolio Manager, Mr. Williams held the position of Director, Client Relations & Business Development at Sands Capital from 2004-2006. Prior to joining Sands Capital Mr. Williams was a Consultant and Principal at Mercer Investment Consulting, Inc from 1995-2004. Mr. Williams has earned the right to use the Chartered Financial Analyst designation

Edward Aw


Start Date

Tenure

Tenure Rank

Jan 15, 2016

6.38

6.4%

Mr. Edward N. Aw, Managing Director and Head of Quantitative Strategies of the Bessemer Investment Management LLC, has managed the Fund since its inception. Mr. Aw joined the Bessemer Investment Management LLC in 2004. Prior to joining the Bessemer Investment Management LLC, Mr. Aw was a quantitative analyst for five years at Deutsche Investment Management Americas. Previously, Mr. Aw also worked for The Dreyfus Corporation, Goldman Sachs, and Morgan Stanley in various analytic roles. Mr. Aw earned a BA from the State University of New York at Stony Brook and an MBA from the Frank G. Zarb School of Business at Hofstra University.

Nancy Sheft


Start Date

Tenure

Tenure Rank

Oct 25, 2016

5.6

5.6%

Ms. Nancy Peretz Sheft is a Managing Director and Head of External Manager Solutions at Bessemer Ms. Sheft joined the Adviser in 2016 and Bessemer in 2013. Prior to joining the Bessemer, Ms. Sheft was Managing Director at J.P. Morgan Asset Management, where she was Global Head of Institutional Sales, Product, and Consultant Strategy. Ms. Sheft also worked for Ark Asset Management, Hambrecht & Quist and Goldman Sachs. Ms. Sheft earned an M.B.A. from Harvard University and a B.A. from Princeton University.

Jeffrey Rutledge


Start Date

Tenure

Tenure Rank

Oct 01, 2018

3.67

3.7%

Mr. Jeffrey Rutledge, Principal of the Adviser,Bessemer Investment Management LLC, is a member of the investment team responsible for managing the Adviser’s portion of the Fund. He has previously served as a research analyst for the transportation and utilities sectors for Mid Cap Equities portfolios. He joined the Adviser in August 2004. Prior to joining the Adviser, Mr. Rutledge was a research associate for the aerospace and telecommunication sectors at Bear Sterns & Co. from April 2000 to July 2004. Mr. Rutledge received his BA degree in Industrial Engineering from Lehigh University in 1989 and his MS in Management and Finance in 1989 from the United States Naval Postgraduate School. He is a Chartered Financial Analyst and a member of the New York Society of Security Analysts.

John Hall


Start Date

Tenure

Tenure Rank

Jan 15, 2019

3.38

3.4%

Mr. John Hall, Managing Director and Head of Equities of the Bessemer Investment Management LLC. Mr. Hall joined Bessemer in 1998 and joined the Bessemer Investment Management LLC in 2001. Previously, Mr. Hall served as Director of Research of Mid Cap U.S. Equities for the Bessemer Investment Management LLC. Prior to joining Bessemer, he was a portfolio accountant at Jennison Associates. Mr. Hall received a BS cum laude in Business Administration from Villanova University and MBA from the Columbia Business School at Columbia University.

Brian Christiansen


Start Date

Tenure

Tenure Rank

Jan 31, 2020

2.33

2.3%

Joined Sands Capital in 2006 • Research Analyst (2008-2013) • Research Associate (2006-2008) Yale University • MBA, School of Management (2009) • BA, Economics (2005)

Neil Kansari


Start Date

Tenure

Tenure Rank

Jul 28, 2020

1.84

1.8%

Neil Kansari, Research Analyst and Senior Portfolio Manager, joined Sands Capital in June 2008. Prior to 2008, Mr. Kansari worked as an Associate, Sr. Business Analyst at PRTM in Waltham, Massachusetts, from 2002 to 2006. From 1999 to 2002, he worked as a Graduate Research Assistant for the Department of Electrical Engineering at the University of Virginia in Charlottesville, Virginia. From 1996 to 1999, he worked as an Application Analyst at Millennium Solutions, Universal Impex and as an Accounting Trainee at Mahajan & Aibara: Shah Gupta & Co. in Mumbai, India. Mr. Kansari earned his BE in Electronics Engineering from the University of Mumbai (1996), and his MS in Electrical Engineering from the University of Virginia (2002). He also earned his MBA from the Darden School of Business (2008).

Roderick Snell


Start Date

Tenure

Tenure Rank

Jun 24, 2021

0.93

0.9%

Roddy graduated BSc First Class Honours in Medical Biology from the University of Edinburgh in 2006. He joined Baillie Gifford in the same year and worked in the UK and European Equity Teams before joining the Emerging Markets Equity Team where he is an Investment Manager. Roddy has managed the Baillie Gifford Pacific Fund since 2010.

Mike Gush


Start Date

Tenure

Tenure Rank

Jun 24, 2021

0.93

0.9%

Mike graduated MEng in Mechanical Engineering from Durham University in 2003. He joined Baillie Gifford in the same year and worked in the UK and Japanese Equity Teams before moving to the Emerging Markets Equity Team in 2005, where he is an Investment Manager. Mike is CFA Charter holder.

Sophie Earnshaw


Start Date

Tenure

Tenure Rank

Jun 24, 2021

0.93

0.9%

Sophie Earnshaw, CFA, Portfolio Manager, joined Baillie Gifford Overseas Limited in 2010 and is an Investment Manager in the Emerging Markets Equity Team. Ms. Earnshaw joined the International Focus Portfolio Construction Group in 2014. Sophie graduated MA in English Literature from the University of Edinburgh in 2008 and an MPhil in Eighteenth Century and Romantic Literature from Cambridge University in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25