WPG Partners Small Cap Value Diversified Fund
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.3%
1 yr return
28.4%
3 Yr Avg Return
10.7%
5 Yr Avg Return
15.2%
Net Assets
$33.1 M
Holdings in Top 10
33.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 114.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WPGTX - Profile
Distributions
- YTD Total Return 13.3%
- 3 Yr Annualized Total Return 10.7%
- 5 Yr Annualized Total Return 15.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.40%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameWPG Partners Small Cap Value Diversified Fund
-
Fund Family NameBoston Partners
-
Inception DateMay 04, 2005
-
Shares Outstanding1632787
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Shuster
Fund Description
The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets (including borrowings for investment purposes) in equity securities of U.S. companies that, at the time of purchase, have a market capitalization that is within the range of the market capitalization of issuers in the Russell 2000® Value Index. As of March 31, 2024, the median market capitalization of the companies in the Russell 2000® Value Index is $804 million and the largest stock is $10.3 billion. The Fund may invest in depositary receipts and equity securities of foreign companies. Although the Fund invests primarily in common stocks, the Fund may invest in all types of equity and equity-related securities, including (without limitation):
● | Securities convertible into common stocks. |
● | Shares of real estate investment trusts ("REITs"). |
● | Warrants and rights to purchase common stocks. |
● | Preferred stocks. |
● | Exchange-traded limited partnerships. |
Special Situations: The Fund may invest in companies that may experience unusual and possibly unique developments which may create a special opportunity for significant returns. Special situations include: significant technological improvements or important discoveries; reorganizations, recapitalizations or mergers; favorable resolutions of litigation; new management or material changes in company policies; and actual or potential changes in control of a company.
Strategies: The Adviser uses a value approach to select the Fund's investments. Using this investment style, the Adviser seeks securities selling at substantial discounts to their underlying values and then holds these securities until the market values reflect what the Adviser believes to be their intrinsic values. The Adviser employs a bottom-up strategy, focusing on undervalued industries that the Adviser believes are experiencing positive change. The Adviser then uses both qualitative and quantitative methods to assess a security's potential value. The portfolio managers managing the Fund meet with a multitude of companies annually to identify companies with increasing returns on capital in their core businesses which are selling at attractive valuations.
Factors the Adviser looks for in selecting investments include (without limitation):
● | Increasing returns on invested capital. |
● | Companies who have demonstrated an ability to generate high return on invested capital (ROIC). |
● | Companies which provide solid cash flows with appropriate capital. |
● | Potential catalysts such as new products, cyclical upturns and changes in management. |
● | Low market valuations relative to earnings forecast, book value, cash flow and sales. |
The Adviser will sell a stock when it no longer meets one or more investment criteria, either through obtaining target value or due to an adverse change in fundamentals or business momentum. Each holding has a target valuation established at purchase, which the Adviser constantly monitors and adjusts as appropriate.
WPGTX - Performance
Return Ranking - Trailing
Period | WPGTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | -9.0% | 20.0% | 5.36% |
1 Yr | 28.4% | 4.2% | 34.6% | 17.02% |
3 Yr | 10.7%* | -13.5% | 70.1% | 3.37% |
5 Yr | 15.2%* | -2.4% | 52.1% | 7.44% |
10 Yr | 6.3%* | -2.8% | 28.0% | 84.72% |
* Annualized
Return Ranking - Calendar
Period | WPGTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -6.0% | 33.6% | 79.17% |
2022 | -13.4% | -36.7% | 212.9% | 29.31% |
2021 | 38.0% | -62.0% | 147.6% | 7.56% |
2020 | -1.9% | -24.8% | 31.3% | 74.75% |
2019 | 22.8% | -21.7% | 34.0% | 19.95% |
Total Return Ranking - Trailing
Period | WPGTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | -9.0% | 20.0% | 5.36% |
1 Yr | 28.4% | 4.2% | 34.6% | 17.02% |
3 Yr | 10.7%* | -13.5% | 70.1% | 3.37% |
5 Yr | 15.2%* | -2.4% | 52.1% | 7.44% |
10 Yr | 6.3%* | -2.8% | 28.0% | 84.72% |
* Annualized
Total Return Ranking - Calendar
Period | WPGTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.3% | 1.8% | 35.4% | 61.11% |
2022 | 2.0% | -36.7% | 250.0% | 4.02% |
2021 | 40.1% | -3.0% | 157.9% | 7.32% |
2020 | -1.3% | -13.5% | 33.4% | 79.50% |
2019 | 23.3% | -1.5% | 34.3% | 36.22% |
NAV & Total Return History
WPGTX - Holdings
Concentration Analysis
WPGTX | Category Low | Category High | WPGTX % Rank | |
---|---|---|---|---|
Net Assets | 33.1 M | 5.95 M | 54 B | 91.69% |
Number of Holdings | 95 | 10 | 1599 | 58.20% |
Net Assets in Top 10 | 10.8 M | 762 K | 3.2 B | 89.84% |
Weighting of Top 10 | 33.73% | 5.4% | 92.2% | 16.90% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 13.54%
- Gildan Activewear Inc 2.55%
- Tenet Healthcare Corp 2.54%
- Tri-State Deposit 2.46%
- Arcosa Inc 2.36%
- Kemper Corp 2.28%
- Brixmor Property Group Inc 2.09%
- Tronox Holdings PLC 1.99%
- Nomad Foods Ltd 1.98%
- BGC Group Inc 1.95%
Asset Allocation
Weighting | Return Low | Return High | WPGTX % Rank | |
---|---|---|---|---|
Stocks | 96.53% | 7.22% | 105.88% | 79.21% |
Cash | 16.87% | 0.00% | 39.68% | 2.54% |
Preferred Stocks | 0.00% | 0.00% | 1.87% | 40.88% |
Other | 0.00% | -1.83% | 31.19% | 59.58% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 38.41% |
Bonds | 0.00% | 0.00% | 79.66% | 40.42% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WPGTX % Rank | |
---|---|---|---|---|
Industrials | 19.88% | 0.65% | 48.61% | 27.90% |
Financial Services | 18.39% | 0.00% | 35.71% | 81.32% |
Energy | 15.40% | 0.00% | 29.42% | 6.86% |
Basic Materials | 12.62% | 0.00% | 67.30% | 4.02% |
Consumer Cyclical | 8.86% | 0.00% | 51.62% | 78.01% |
Real Estate | 7.84% | 0.00% | 44.41% | 45.15% |
Technology | 6.72% | 0.00% | 34.03% | 80.38% |
Healthcare | 4.25% | 0.00% | 25.76% | 71.63% |
Utilities | 4.00% | 0.00% | 13.86% | 26.48% |
Consumer Defense | 1.77% | 0.00% | 13.22% | 87.94% |
Communication Services | 0.28% | 0.00% | 24.90% | 89.13% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WPGTX % Rank | |
---|---|---|---|---|
US | 94.25% | 7.22% | 105.88% | 86.84% |
Non US | 2.27% | 0.00% | 76.17% | 15.47% |
WPGTX - Expenses
Operational Fees
WPGTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.05% | 37.04% | 39.26% |
Management Fee | 0.80% | 0.00% | 1.50% | 56.71% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.35% | 30.77% |
Sales Fees
WPGTX 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
WPGTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 1.41% |
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.
WPGTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 114.00% | 7.00% | 252.00% | 93.10% |
WPGTX - Distributions
Dividend Yield Analysis
WPGTX | Category Low | Category High | WPGTX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.01% | 0.00% | 14.14% | 12.24% |
Dividend Distribution Analysis
WPGTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
WPGTX | Category Low | Category High | WPGTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.40% | -1.43% | 4.13% | 50.59% |
Capital Gain Distribution Analysis
WPGTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.215 | OrdinaryDividend |
Dec 14, 2023 | $0.099 | CapitalGainShortTerm |
Dec 14, 2023 | $1.092 | CapitalGainLongTerm |
Dec 08, 2022 | $3.115 | OrdinaryDividend |
Dec 09, 2021 | $0.297 | OrdinaryDividend |
Dec 10, 2020 | $0.093 | OrdinaryDividend |
Dec 12, 2019 | $0.065 | OrdinaryDividend |
Dec 14, 2017 | $0.650 | CapitalGainShortTerm |
Dec 14, 2017 | $0.436 | CapitalGainLongTerm |
Dec 14, 2017 | $0.058 | OrdinaryDividend |
Dec 15, 2016 | $0.071 | OrdinaryDividend |
Dec 17, 2015 | $0.328 | CapitalGainLongTerm |
Dec 17, 2015 | $0.103 | OrdinaryDividend |
Dec 18, 2014 | $1.158 | CapitalGainShortTerm |
Dec 18, 2014 | $1.029 | CapitalGainLongTerm |
Dec 18, 2014 | $0.127 | OrdinaryDividend |
Dec 19, 2013 | $1.854 | CapitalGainLongTerm |
Dec 19, 2013 | $0.024 | OrdinaryDividend |
Dec 18, 2012 | $0.071 | OrdinaryDividend |
Dec 17, 2009 | $0.032 | OrdinaryDividend |
Dec 18, 2008 | $0.011 | CapitalGainShortTerm |
Dec 18, 2008 | $0.015 | OrdinaryDividend |
Dec 19, 2007 | $1.326 | CapitalGainShortTerm |
Dec 19, 2007 | $1.124 | CapitalGainLongTerm |
Dec 19, 2007 | $0.014 | OrdinaryDividend |
Dec 19, 2006 | $0.724 | CapitalGainShortTerm |
Dec 19, 2006 | $1.084 | CapitalGainLongTerm |
Dec 19, 2006 | $0.045 | OrdinaryDividend |
Dec 22, 2005 | $1.046 | CapitalGainShortTerm |
Dec 22, 2005 | $0.937 | CapitalGainLongTerm |
WPGTX - Fund Manager Analysis
Managers
Richard Shuster
Start Date
Tenure
Tenure Rank
Dec 31, 1999
22.43
22.4%
Mr. Shuster is the senior portfolio manager. He has served as managing director of Robeco since 1999 as well as head of the Adviser’s Small/Micro Cap Value Team. He holds a B.S. degree in economics from the University of Pennsylvania. Mr. Shuster has been in investment field since 1985. Prior thereto, Shuster served as managing director with APM Partners. He has ultimate veto power and is responsible for cash weighting, sector allocations, and capitalization weightings.
Gregory Weiss
Start Date
Tenure
Tenure Rank
Dec 31, 1999
22.43
22.4%
Mr. Weiss joined Robeco WPG in mid-1999 to work on the firm’s Small Cap Value team. He joined the firm from Bear Stearns where he began his investment career in 1995 as an equity analyst, responsible for covering the building materials, nonferrous metals, steel and steel-related industries. Mr. Weiss holds a B.A. degree in psychology from Cornell University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 37.45 | 8.21 | 3.58 |