ACAP Strategic Fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
30.6%
1 yr return
40.1%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
7.1%
Net Assets
$8.74 B
Holdings in Top 10
50.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$50,000
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XCWPX - Profile
Distributions
- YTD Total Return 30.6%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -2.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameACAP Strategic Fund
-
Fund Family NameGrant Thornton
-
Inception DateMay 31, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTakis Sparaggis
Fund Description
XCWPX - Performance
Return Ranking - Trailing
Period | XCWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.6% | 1.1% | 49.9% | 41.03% |
1 Yr | 40.1% | 5.8% | 72.5% | 61.77% |
3 Yr | -1.7%* | -27.2% | 24.8% | 93.46% |
5 Yr | 7.1%* | -13.3% | 30.8% | 98.55% |
10 Yr | N/A* | -4.4% | 20.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | XCWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.0% | -74.1% | 72.4% | 59.46% |
2022 | -38.3% | -85.9% | 4.7% | 70.19% |
2021 | -14.9% | -52.4% | 60.5% | 92.94% |
2020 | 45.4% | -34.3% | 145.0% | 12.70% |
2019 | 29.8% | -6.9% | 49.4% | 20.42% |
Total Return Ranking - Trailing
Period | XCWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 30.6% | 1.1% | 49.9% | 41.03% |
1 Yr | 40.1% | 5.8% | 72.5% | 61.77% |
3 Yr | -1.7%* | -27.2% | 24.8% | 93.46% |
5 Yr | 7.1%* | -13.3% | 30.8% | 98.55% |
10 Yr | N/A* | -4.4% | 20.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | XCWPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.0% | -4.6% | 72.4% | 76.74% |
2022 | -38.3% | -61.7% | 5.6% | 87.12% |
2021 | -13.0% | -39.8% | 118.1% | 99.44% |
2020 | 53.5% | 2.8% | 149.2% | 13.09% |
2019 | 29.8% | -5.2% | 49.4% | 77.55% |
NAV & Total Return History
XCWPX - Holdings
Concentration Analysis
XCWPX | Category Low | Category High | XCWPX % Rank | |
---|---|---|---|---|
Net Assets | 8.74 B | 292 K | 287 B | 23.56% |
Number of Holdings | 215 | 2 | 3061 | 9.63% |
Net Assets in Top 10 | 4.39 B | 126 K | 151 B | 26.55% |
Weighting of Top 10 | 50.22% | 0.7% | 205.0% | 64.89% |
Top 10 Holdings
- Common Stock 8.75%
- Common Stock 7.59%
- Common Stock 7.32%
- Counterparty-issue swap on CORP 4.96%
- Common Stock 4.55%
- Common Stock 4.04%
- Common Stock 3.88%
- Short-Term Investment 3.22%
- Common Stock 3.03%
- Common Stock 2.87%
Asset Allocation
Weighting | Return Low | Return High | XCWPX % Rank | |
---|---|---|---|---|
Stocks | 57.89% | 0.00% | 115.30% | 99.10% |
Cash | 27.27% | 0.00% | 173.52% | 0.54% |
Other | 14.84% | -31.50% | 50.35% | 0.27% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 56.89% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | N/A |
Bonds | 0.00% | 0.00% | 102.71% | 51.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XCWPX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 16.07% | N/A |
Technology | 0.00% | 0.00% | 65.70% | N/A |
Real Estate | 0.00% | 0.00% | 16.05% | N/A |
Industrials | 0.00% | 0.00% | 30.65% | N/A |
Healthcare | 0.00% | 0.00% | 39.76% | N/A |
Financial Services | 0.00% | 0.00% | 43.06% | N/A |
Energy | 0.00% | 0.00% | 41.09% | N/A |
Communication Services | 0.00% | 0.00% | 66.40% | N/A |
Consumer Defense | 0.00% | 0.00% | 25.50% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 62.57% | N/A |
Basic Materials | 0.00% | 0.00% | 18.91% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XCWPX % Rank | |
---|---|---|---|---|
US | 43.25% | 0.00% | 115.30% | 99.28% |
Non US | 14.64% | 0.00% | 75.51% | 1.71% |
XCWPX - Expenses
Operational Fees
XCWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.69% | 0.01% | 28.71% | 2.98% |
Management Fee | 1.50% | 0.00% | 1.50% | 99.91% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 1.02% | 41.33% |
Sales Fees
XCWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XCWPX 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.
XCWPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 316.74% | 88.93% |
XCWPX - Distributions
Dividend Yield Analysis
XCWPX | Category Low | Category High | XCWPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.58% | 71.89% |
Dividend Distribution Analysis
XCWPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
XCWPX | Category Low | Category High | XCWPX % Rank | |
---|---|---|---|---|
Net Income Ratio | -2.15% | -6.13% | 3.48% | 99.54% |
Capital Gain Distribution Analysis
XCWPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2021 | $0.398 | OrdinaryDividend |
Nov 27, 2020 | $1.056 | OrdinaryDividend |
XCWPX - Fund Manager Analysis
Managers
Takis Sparaggis
Start Date
Tenure
Tenure Rank
Jul 07, 2014
7.9
7.9%
Mr. Sparaggis, the controlling person and Chief Investment Officer of Alkeon, serves as the Fund’s principal Portfolio Manager and as the lead member of the Adviser’s Investment Team, and has served as the Fund’s principal Portfolio Manager since the Fund’s commencement of operations in March 2010. Other members of the Investment Team assist Mr. Sparaggis also serves as the portfolio manager of several other investment funds that have investment programs substantially similar to that of the Fund. From May 1995 until he established Alkeon in January 2002, Mr. Sparaggis was associated with CIBC World Markets Corp. ("CIBC WM") and its predecessor, Oppenheimer & Co., Inc., where he was a Managing Director. From January 1996 to December 2001, Mr. Sparaggis also was a Senior Portfolio Manager for Oppenheimer Investment Advisers ("OIA"), an investment management program offered by CIBC WM, and was then responsible for OIA's MidCap Managed Account Portfolios. From 1993 until joining Oppenheimer & Co., Inc. in 1995, Mr. Sparaggis was with Credit Suisse First Boston Investment Management and was responsible for security analysis and portfolio management for domestic investments, including proprietary trading on long-short equities and convertible arbitrage. Mr. Sparaggis received a Ph.D. in Electrical and Computer Engineering and a Masters in Business Administration simultaneously from the University of Massachusetts in 1993. He received an IBM Fellowship in physical sciences in 1992 and 1993. He received a Masters in Electrical and Computer Engineering from the University of Massachusetts in 1990 and a Bachelor of Science degree in Electrical Engineering and Computer Science from the National Technical University of Athens in 1988.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.23 | 3.08 |